Donald Innis
Naples, FL (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
Inware Technologies.com
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Startup
Location:
Naples
Industry:
Software
Year Founded:
1993
Number Employees:
1-10 people
Business Stage:
Growth (not profitable)
Entity Type:
"S" Corporation
Description:
Roll out of Developed Technology Requires Capital.
Technology sector established U.S. based company requires $1.2M infusion via equity or loan equity mix. Funds required for roll out of developed products. Projected positive IBITDA by Year 3 increasing to $8,917,000 by Year 5.
In summary, the projected Revenue / Net Income are conservative and impressive. Net Income assumes 35% company income tax is paid.
Revenue Net Income
Year One $1,150,000 $(385,125)
Year Two $2,850,000 $(81,283)
Year Three $6,300,000 $482,300
Year Four $12,250,000 $2,048,800
Year Five $25,100,000 $5,734,300
Inware Technologies, Inc. is an established business that has a new product that it is intending to roll out. The product is all but fully developed and requires minimal programming work to be functional. The full business plan is available via download by request, should you have an interest.
A combination of loan and equity funding can be negotiated with up to 30% of stock available on purchased equity only. A loan equity combination of $600K loan and $600 equity can be negotiated.