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Internet Service Provider Business Plan

Web Services Provider

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Company Summary

Legal Business Description

Web Services Provider was founded in September 1993 in Richmond, Virginia as an Internet Service Provider. The company is a Virginia Corporation with principal offices located in Richmond.

2.1 Company History

Web Services Provider began as a Web hosting company. The company developed a highly-skilled engineering team dedicated to developing a system to offer clients the greatest degree of reliability and bandwidth at a more affordable price. Web Services Provider, with its in-depth knowledge of Web hosting systems, is now evolving into a large, specialized, Web hosting service provider.

Past Performance
1997 1998 1999
Sales £0 £0 £900,000
Gross Margin £0 £0 £700,000
Gross Margin % 0.00% 0.00% 77.78%
Operating Expenses £0 £0 £700,000
Collection Period (days) 0 0 3
Balance Sheet
1997 1998 1999
Current Assets
Cash £0 £0 £2,450
Accounts Receivable £0 £0 £14,200
Other Current Assets £0 £0 £1,050
Total Current Assets £0 £0 £17,700
Long-term Assets
Long-term Assets £0 £0 £5,250
Accumulated Depreciation £0 £0 £1,000
Total Long-term Assets £0 £0 £4,250
Total Assets £0 £0 £21,950
Current Liabilities
Accounts Payable £0 £0 £10,000
Current Borrowing £0 £0 £500
Other Current Liabilities (interest free) £0 £0 £10,900
Total Current Liabilities £0 £0 £21,400
Long-term Liabilities £0 £0 £3,550
Total Liabilities £0 £0 £24,950
Paid-in Capital £0 £0 £100,000
Retained Earnings £0 £0 (£103,000)
Earnings £0 £0 £0
Total Capital £0 £0 (£3,000)
Total Capital and Liabilities £0 £0 £21,950
Other Inputs
Payment Days 0 0 30
Sales on Credit £0 £0 £900,000
Receivables Turnover 0.00 0.00 63.38
previous
next
Past Performance
1997 1998 1999
Sales £0 £0 £900,000
Gross Margin £0 £0 £700,000
Gross Margin % 0.00% 0.00% 77.78%
Operating Expenses £0 £0 £700,000
Collection Period (days) 0 0 3
Balance Sheet
1997 1998 1999
Current Assets
Cash £0 £0 £2,450
Accounts Receivable £0 £0 £14,200
Other Current Assets £0 £0 £1,050
Total Current Assets £0 £0 £17,700
Long-term Assets
Long-term Assets £0 £0 £5,250
Accumulated Depreciation £0 £0 £1,000
Total Long-term Assets £0 £0 £4,250
Total Assets £0 £0 £21,950
Current Liabilities
Accounts Payable £0 £0 £10,000
Current Borrowing £0 £0 £500
Other Current Liabilities (interest free) £0 £0 £10,900
Total Current Liabilities £0 £0 £21,400
Long-term Liabilities £0 £0 £3,550
Total Liabilities £0 £0 £24,950
Paid-in Capital £0 £0 £100,000
Retained Earnings £0 £0 (£103,000)
Earnings £0 £0 £0
Total Capital £0 £0 (£3,000)
Total Capital and Liabilities £0 £0 £21,950
Other Inputs
Payment Days 0 0 30
Sales on Credit £0 £0 £900,000
Receivables Turnover 0.00 0.00 63.38