CYBER SECURITY COMPANY BUSINESS PLAN SAMPLE
Cyber threats have become a global problem for businesses governments and individuals. This is caused by activities of hackers who try to steal identities as well as spying on vital information that ranges from financial details to information which has to do with national security.
Cybersecurity then becomes the major concern of policymakers as well as individuals. Finding a lasting solution to this problem has been the major focus of many businesses as well as government institutions.
This article is written as a guide for persons interested in starting a cybersecurity business. With the template provided here, you will be able to follow the general framework of this business plan to write a compelling business plan.
What should you go to cyber security consulting business plan have?
Here is a sample business plan for starting an IT security company.
The following are the basics of writing a good business plan;
Tech World is a reliable cybersecurity firm skilled in the handling of a variety of cyber threats for corporates clients businesses as well as government institutions.
Located in San Francisco California, Tech World is not only poised to provide cyber security solutions to clients but to also offer cybersecurity consulting services to tech firms as well as businesses. With the corporate world consistently under attack, only a reliable partner can provide lasting solutions to these problems. This is where tech world brings its wealth of experience to bear.
We pride ourselves on the quality of our workforce. Hence these are carefully selected from a pool of the most experienced and skilled cybersecurity experts in the industry. Working as a team of great minds, these cyber experts who are authorities in their respective sub-specialties adopt a holistic approach to combatting cyber threats.
Tech World is founded by renowned cyber expert George Phillips who has worked as a consultant for many tech firms as well as government institutions for over two decades. His experience is vital to the success of this business as he has been able to put together a reliable and formidable cybersecurity firm that will provide long-lasting solutions to difficult cyber threats.
Products and Services
Our products and services ensure that businesses do not have to worry about cyber threats as all they have to do are conduct their business while we shield or protect them by monitoring and providing professional cybersecurity services. Some of the products and services we offer include; system hardening, technical support, cryptography, advisory and consultancy services, as well as several other cybersecurity related services.
As part of our desire to ensure that threats are completely eliminated from preventing businesses to grow, we at Tech World would adopt only the highest standards in combating cyber threats. We intend to build a brand that will be reputed for service excellence. This will be achievable through the adoption of industry’s best practices in arriving at the desired end.
We at Tech World have the vision of expanding our services to compete favorably with more established names in the cybersecurity industry through the provision of innovative services as well as a systematic expansion of our service offerings to cover more cybersecurity threats as they emerge. To this end, we have the goal of being among the top 10 cybersecurity provider within 10 years.
Raising the required funding for starting this security business is a major determinant of our success. Hence, savings amounting to $200,000.00 kept aside solely for this purpose has been realized by George Philips. However this some will not be sufficient as a deficit of $400,000.00 will be raised from loans obtained from reputable financial institutions.
With an ever growing demand for cybersecurity services across the world, the market is growing and opportunities boundless. Hence we see a great opportunity for our business through an increased demand for cybersecurity services. This has been further confirmed by a research conducted on forces of demand and supply. This 3-year growth forecast has revealed impressive results. Results are summarised below;
- First Year $230,000.00
- Second Year $590,000.00
- Third Year $800,000.00
In business, having an edge is everything. This creates an environment where a business strives in the midst of competition. For our business, our advantage lies in the quality of our workforce. With professionals who have distinguished themselves in the field of cybersecurity, these would bring their experiences to bear on the job as they offer cutting-edge solutions to cyber threats through the use of both conventional and unconventional methods in achieving the desired end.
We understand the importance of innovation and creativity. This forms our philosophy where we encourage and push our experts to adopt the best practices while applying highly effective measures to provide results.
Publicity and Advert Strategies
It is difficult for any business to thrive without adequate publicity and advertisements. Hence we understand the importance of this and are determined to exploit this channels of promoting our business. The mainstream media is one of the main channels we would adopt. This will be achieved through paid adverts in both the print and electronic media.
Also, we will form partnerships with several corporate institutions to provide high-quality cybersecurity services as well as paying for advert spaces on billboards at strategic locations to increase visibility which in turn attracts patronage.
Keys to Success
Our keys to success determine how effective and reliable our services are to our clients. Hence we are dedicated to the provision of only the best range of cybersecurity services to our clients which will be fuelled by dedication, provision of world-class customer care services, as well as a free consultancy services for a month after providing initial services.
Because cyber threats are constantly evolving, we will also evolve our services through continuous updates on the best techniques as well as strategies to combat cyber threats. This will involve refresher courses as well as on the job training to all our experts.
This sample cybersecurity business plan offers you a general guide on how to structural business plan. This is one of the most important requirements for any business including your cybersecurity business. By following the information provided here you would be able to avoid common mistakes made by many entrepreneurs whose businesses have not fared better.