Information Technology is gradually becoming the next oil and gas in Nigeria. With an annual contribution of 14.07 per cent to the Gross Domestic Product (GDP) of Nigeria, the industry is a fast growing one with great potentials.

Information Technology has great potentials with a large market size. This is evident with the numerous investments and funding in Fintechs and other IT start-ups. Venturing into the Information Technology business is not only lucrative, but highly satisfying and rewarding. Many businesses now want to go online. The demand for web developers, software engineers and Digital marketers is on the increase. Businesses want their products to be accessible anytime, any day and in any part of the world. This has made the industry to be very lucrative.

The aim of this excel template is to give you a starter park on everything needed to successfully venture into the Information Technology business.

Overview of The Template

The template provides financial plan and projections for a Computer services and web development business. All cost implications and pricing strategies are well detailed in the excel template with sensitivity analysis and sales forecast to keep you going.

Features

1. Comprehensive Profit and Loss Projection.
2. Sensitivity Analysis.
3. Pre-Operating Equipment Requirements.
4. Operating Expense List.
5. Loan Repayment Plan.
6. Service Delivery Cost.
7. Proposed Pricing.
8. Cost Forecast.
9. Sales Forecast.
10. Cash Flow Statement.
11. Viability Analysis.

Use Scenarios

This excel template is most suitable for the following:

1. Promoters of existing and New Start-up Businesses that need funding in form of grants,loans,partnerships etc. from Government agencies and venture capitalists.
2. Business and Financial Analysts working on viability and feasibility of a Web Development business in Nigeria.
3. Business Administration and Entrepreneurship students who need a comprehensive financial plan for a Business Plan.
4. Investors and Venture Capitalist who need financial analysis of the Web development business for informed decision making.
5. Entrepreneurs who need expansion ideas for their businesses.