This Information Technology business plan sample is focused on the growing IT sector in Houston, Texas. We hope this sample provides you with a brief foundation for starting your own IT company. Our Information Technology business plan writers crafted this sample for your review.
JKY IT International Corp. (herein also referred to as “JKY IT International America” and “the company”) was incorporated in the State of Texas on January 5, 2022 by Founder and Director, Mr. Patrick Olevin. The company aims to offer Digital Transformation Services, including Digital Network Architecture, Software Development, and Hardware Sales.
JKY IT International America will be based in the City of Houston, and increase the competitiveness of the State of Texas in the Information Technology (IT) sector. With twenty years of international managerial and operational experience in the IT space, Mr. Olevin plans to create high-earning American jobs, increase American tech exports, and grow the competitiveness of the information technology industry within the state.
Texas is ideally suited to meet the needs of the IT industry across North America due to its affordable cost of living, central time zone, excellent Internet accessibility, and highly skilled talent pool. This is why many companies across North America are looking to Texas to manage their data centers and information technology systems. Also, the Government of Texas has recently announced several changes to accelerate the growth of the technology and research sectors in the State through ‘Innovation Texas’, hence the decision by Mr. Olevin to set up operations in Texas.
Founder, Mr. Olevin is a strong candidate for the Texas Immigration Nominee Program. Mr. Olevin has been a technology entrepreneur since 2010, with a strong background in the IT services industry as an innovative Digital Transformation services provider. “JKY IT International Co., Ltd.” the existing company in Germany, which Mr. Olevin owns and operates, has provided him ample experience in managing large teams, as well as providing managerial oversight for sales, operations, finance and budgeting to ensure profitability. Mr. Olevin is now looking to take his successful insight into the IT landscape to launch JKY IT International America in the State of Texas by entering the American market, and stimulating the local economy with jobs, investment, and community involvement.
JKY IT International Corp. is a new Information and Communication technology (IT) services company based in Texas, founded by Mr. Olevin, a highly experienced business owner and entrepreneur. With a strong background in the IT services industry, Mr. Olevin will lead JKY IT International America to provide the following services:
- Digital Network Transformation
- Software Development
- Network Hardware Sales
Through the Texas Immigration Nominee Program, Mr. Olevin will bring with him an extensive set of industry knowledge, entrepreneurial experience and business acumen, to launch and grow JKY IT International America in the State of Texas, a region with a flourishing information technology (IT) and Telecommunication (Telecom) industry. The company will provide highly innovative solutions to various corporate entities, government bodies and small businesses, to transform their digital network infrastructure at an affordable price.
JKY IT International America will also be involved in the sales of Network Architecture and Cybersecurity Hardware, as well as providing various customisable software packages such as ERP tools, Fullstack technologies and Mobile Application development.
Mr. Olevin will initially invest up to $500,000 into the Texas economy through leasehold purchases, software and equipment installation, as well as create a number of full-time jobs.
Our mission is to transform the unique IT demand of clients across multiple industries for the digital age.
Today, organizations face complex IT challenges because of critical business needs and obsoletion of legacy technologies. We promise to deliver customized business solutions that tackle their unique challenges.
Our vision is an IT ecosystem where organizations are equipped with the latest network infrastructure and cybersecurity systems.
All business activities and decisions are guided by the following core values:
- Support the local economy and community.
- Challenge the status quo in the IT industry.
- Innovate and develop unique IT solutions.
- Build an innate culture of success and high performance.
- Consistently deliver a high quality customer experience.
- Advance the digital network ecosystem of Texas.
Goals and Objectives
JKY IT International
Mr. Olevin’s existing business is named “JKY IT International Co., Ltd.” This section will review recent financial performance, the business address, personnel summary and existing clientele:
JKY IT International America will operate in the Telecom and IT services industries, as a top-notch provider of Digital Transformation services, offering customisable solutions to solve unique business challenges of organizations. When combined, the IT industry and the Telecom industry currently employ over 717,600 Americans. The IT industry contributed US$ 32.8BN, while the Telecom industry contributed US$ 74.9BN to the American economy during 2021, and are together responsible for 5.3 % of America’s GDP.
America encompasses a vast territory with a low population density, so by force of geography is a networked nation. Americans have been early adopters of all forms of modern communication and have always been at, or near the top globally in the use of advanced broadband networks. The network infrastructure sector that serves America – citizens, businesses, governments – is a significant part of the nation’s economy, but of broader importance is its role in underpinning the IT industry as a whole as the key driver of productivity in a modern economy.
America’s network infrastructure companies work hard to ensure that Americans are provided with the world-leading networks they need and demand. The scale of their investment is astounding: in total, US$ 10BN annually of capital expenditures, and another US$ 1BN in Research and Development expenditures annually.
There are numerous regulatory authorities at the federal and State level relevant to businesses in America. Some of the major federal regulatory authorities are listed below.
Also, with the Federal and State governments in America each having their own, and sometimes competing set of regulations, the risk of non-compliance for businesses is a possibility. This is further complicated by the differing regulatory requirements that occur by industry, product, service offering, and even the type of legal entity under which a business operates.
Hence, the key to compliance will be expert planning. The reality is that business requirements and regulations in America are not abating, but are rather becoming increasingly prescriptive and complex. This goes on to create a significant challenge for businesses which are earnestly attempting to comply. The following compliances will be adhered to while JKY IT International America is set up in Texas, America:
- Employment and Labor Laws
- Environmental Laws
- Data and Privacy Laws
- Health and Safety Laws
Federal Laws and Guidelines
Organizations covered by PIPEDA must generally obtain an individual’s consent when they collect, use or disclose that individual’s personal information. People have the right to access their personal information held by an organization. They also have the right to challenge its accuracy. Personal information can only be used for the purposes for which it was collected. If an organization is going to use it for another purpose, they must obtain consent again. Personal information must be protected by appropriate safeguards.
PIPEDA applies to private-sector organizations across America that collect, use or disclose personal information in the course of a commercial activity. The law defines a commercial activity as any particular transaction, act, or conduct, or any regular course of conduct that is of a commercial character. All businesses that operate in America and handle personal information that crosses State or national borders in the course of commercial activities are subject to PIPEDA, regardless of the State or territory in which they are based.
State Laws and Regulations
In Texas, public sector organizations are subject to specific privacy statutes administered by a State independent body of the Legislative Assembly of Texas (‘the Legislative Assembly’). In addition, private-sector organizations engaging in commercial activities are subject to federal privacy legislation administered by an independent federal body. Below is an overview of Texas’s data protection landscape including the applicable laws, their scope, existing regulatory authority, key definitions, available legal basis, principles, obligations on organizations, rights of individuals, and penalties for non-compliance.
The Office of the Texas Information and Privacy Commissioner oversees three Texas privacy statutes, including:
- the Freedom of Information and Protection of Privacy Act, SS 1990-91, c F-22.01 (‘FOIP’) and its associated regulations regulate and govern personal information held by government institutions;
- the Local Authority Freedom of Information and Protection of Privacy Act, SS 1990-91, c. L-27.1 (‘LAFOIP’) and its associated regulations regulate and govern personal information held by local authorities; and
- the Health Information Protection Act, SS 1999, c H-0.021 (‘HIPA’) and its associated regulations regulate and govern personal health information in the custody and control of trustees.
The Office of the Privacy Commissioner of America administers the two federal privacy statutes applicable in Texas:
- the Privacy Act, RSC 1985, c P-21 (‘the Federal Privacy Act’) and
- the Personal Information Protection and Electronic Documents Act, SC 2000, c 5 (‘PIPEDA’).
The Federal Privacy Act and its associated regulations apply to a person’s right to access and correct personal information held by the Government of America.
In Texas, since there is no substantially similar private-sector privacy legislation, PIPEDA applies to personal information held by private-sector organizations and federally-regulated organizations (banks, airlines, telecommunications, etc.). PIPEDA also applies to employee personal information held by federally-regulated organizations. While PIPEDA does not apply to employee personal information held by other private-sector organizations, the Texas Office of the Information and Privacy Commissioner has recommended that private-sector organizations adhere to PIPEDA when it comes to employee personal information on a best practices basis.
The following section will review current market trends in the IT and IT services industries:
In a recent report commissioned by the American Wireless Telecommunications Association (CWTA), PricewaterhouseCoopers estimates America’s telecommunications sector contributed US$74.9B to the national GDP in 2021, and supported over 650,000 American jobs, helping spur growth in other economic sectors as Americans adjusted to new social and economic norms amidst the ongoing global pandemic.
America’s telecom sector also invested more than US$21B in capital investment and spectrum licenses in 2021, the report says, including US$12.3B to expand and enhance network infrastructure and US$8.9B to acquire new spectrum licenses needed to support the country’s 5G networks. American operators’ continued investments in network technologies have played a key role in the expansion of the country’s digital economy, the report adds, and have the potential to contribute up to US$97B to America’s GDP by 2035 while supporting the delivery of a wide range of social and environmental benefits.
The global IT market in America was valued at US$70.2B in 2021, and will grow at a compounded annual growth rate (CAGR) of 7.8% to reach a value of US$102.25B by 2026. The cumulative revenue generation opportunities for the IT market in America is estimated at US$440.43B between 2022 to 2026. The Insurance sector is the major contributor to the growth of the IT market in America.
IT Services Market
The IT Services industry in America provides various services to client companies such as coding, testing and supporting custom software; planning and designing integrated hardware, software and communication infrastructure; as well as on-site management of computers and data processing facilities. The market is divided into four segments: IT Consulting & Implementation, Business Process Outsourcing, IT Outsourcing, and Other IT Services. The IT services in this market are created for an exclusively professional environment and the market focuses on IT-related revenues.
Accelerated by the COVID-19 pandemic, many organizations have recognized the need for digital adoption in their business activities (e.g., remote work support, software support, and cyber security). In order to embrace new technological solutions in a fast, modern, and innovative way, more companies are likely to use external support. There has been a steady increase in demand for IT services that ensure business continuity and strengthen business resilience to weather future disruption. This is the reason why the growth rate of IT services has been on a growth trajectory since 2021.
Revenue in the IT Services market is projected to reach US$ 27.9B in 2023. Revenue is expected to show an annual growth rate (CAGR 2023-2027) of 7.22%, resulting in a potential market volume of up to US$ 36.8B by 2027.
The top four competitors that JKY IT International America will compete with, are as follows:
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Products and Services
JKY IT International America will focus on providing three foundational services: Digital Transformation, Software Development and Hardware Reselling:
JKY IT International America will analyze a company’s tech and network infrastructure, processes, and structures to both strengthen the organization’s short-term performance and maintain sustainable long-term improvement in terms of cybersecurity and digital networks. Under this category, JKY IT International America will provide the following services:
- Networking infrastructure design
- Building Network infrastructure
- Network infrastructure maintenance
- Troubleshooting and diagnostics
- Quality analysis and reporting
JKY IT International America will provide design, development, maintenance, implementation, support, testing, and documentation services, as well as other services as may be required by a client organization to create, enhance, improve, modify, update, or upgrade their software applications used for business operations. Under this category, JKY IT International America will provide the following services:
- Software architecture design according to business need
- UI/UX design and Development based on technology stack
- Data repository design and Development based on SQL and NoSQL
- Integration design and Development with 3rd party systems
- API design and Development to provide interoperate channels
- AI Ops, Big Data Analytics, and Cloud Application Development
JKY IT International America will also be involved in Reselling of Digital Network Hardware, acting as a channel partner and intermediary for hardware manufacturing companies. This will add a consistent stream of income for JKY IT International America during the initial 2-3 years of operations, when they are trying to gain a significant market share in the IT industry. Under this category, JKY IT International America will provide the following (but not limited to) products, along with after-sales repair and maintenance services :
- Cybersecurity devices, such as Firewall, Intrusion Prevention System (IPS), Zero-day protection solutions. Network Access Control system, Network Management system.
- Routers, Carrier grade high performance backbone routers, Edge routers,
- Switches, 1G/2.5G/5G/10G/25G/40G/100G campus and Data Center Ethernet switches, 8G/16G/32G/64G SAN FC switches.
- DWDM Transmission system, Long distance 10G/100G/200G/400G transmission equipment.
- Access Networks, Gigabit Passive Optical Network (GPON) and 10 Gigabit Passive Optical Network (10GPON), Optical Line Terminals (OLT), Optical Network Network Unit (ONU) for business user and home user high speed internet access products.
- Enterprise WiFi, Indoor and Outdoor latest WiFi-6 products.
- Servers and storages, high performance computing server and data storage products.
- Network Management Systems.
The following table outlines JKY IT International America’s products and services, along with their relevant prices.
JKY IT International America will operate with four primary competitive advantages:
Founder’s Specialized Knowledge: Mr. Patrick Olevin has operated an IT business for over 12 years in Europe. He has successfully managed and operated JKY IT International Company Limited in Germany and is now ready to enter the American market, bringing with him experience in managing the new company’s business development, marketing, staffing, finance and operations.
Diversity of Service Offerings: As Mr. Patrick Olevin’s existing company JKY IT International is involved in 5 different industry verticals, they have a very diverse set of service offerings, thus fulfilling many gaps in the existing Digital Network ecosystem. This diversity of services portfolio will help JKY IT International America in entering multiple markets, and simultaneously ensuring that there are multiple streams of revenue.
Hiring of Top Industry Talent: Mr. Olevin is an astute leader of professionals, and is highly experienced in identifying top talent, who are eager to serve customers and offer high-value in terms of return on investment on Human Capital. This could prove to be a winning characteristic for JKY IT International America, as they will hire the best available employee, while also generating employment for Americans in Texas.
International Experience: The fact that Mr. Olevin brings competitive international experience to the State is a competitive advantage in itself, having worked with clientele spread across Europe.
Key Success Factors
The following key success factors will be imperative to receiving wide scale adoption throughout Texas’ business community for JKY IT International America:
Experienced Leadership: Mr. Olevin is an experienced IT business owner with over twelve years of experience managing and scaling JKY IT International Company in Germany. Now, through the TINP program, Mr. Olevin will transfer his successful business acumen to this new opportunity, delivering high quality Digital Transformation services in a welcoming and booming industry.
Booming IT sector in America: In FY-2021, America’s IT sector generated revenues worth $400B, registering an increase of 5% compared to the revenues recorded in FY-2020. This industry has shown tremendous resilience and growth despite the onslaught of the ongoing Covid-19 pandemic. America’s IT sector outperformed the overall American economy in not only output, but also employment and innovation growth.
Innovative and Affordable IT Solutions: In today’s highly competitive business climate, organizations are facing complex IT challenges because of unique business needs and obsoletion of technologies, software applications, and hardware equipment. JKY IT International America will possess the expertise, experience and technological know-how to deliver tailor-made business solutions that tackle their unique challenges, while being cost-effective in nature.
Rise in adoption of Digital Transformation: As the world becomes increasingly digital, small businesses are feeling the pressure to adopt new technologies. The COVID-19 pandemic has also had a large influence on the digitalization trends of SMEs. With the growing demand for digitalized businesses, the American government recently launched the America Digital Adoption Program, thus investing $7 billion in plans to help companies boost their digital capabilities.
Sales and Marketing Plan
To facilitate the success of JKY IT International America, the following sales and marketing plan has been developed. High-value and focused marketing activities will drive sales and generate long-term profitability. JKY IT International America has carefully identified its target customers and channels to ensure sustained business success. The company has also established key performance indicators (KPIs) to measure success, which will guide Mr. Olevin and his team in achieving the company’s goals.
Target Customers and Channels
JKY IT International America has identified the following target customers, and their relevant channels:
Small and Medium Business Enterprises
In America, small and medium-sized enterprises (SMEs) account for the largest proportion of the labour force. Statistics America considers a small enterprise as one with fewer than 100 employees, including those that do not report any employment, while medium-sized enterprises have 100 to 499 employees. Small and medium sized businesses made up nearly all (98.1%) businesses in America in 2021.
The highest proportion of SMEs in one industry was in construction (16.3%), followed by professional, scientific and technical services (14.6%), retail trade (11%), accommodation and food services (7.8%), and transportation and warehousing (7.1%). Over one-fifth (20.6%) of SMEs were in a broader category of multiple industries such as real estate, waste management and remediation services, health care and social assistance, and arts, entertainment and recreation. A lower share of SMEs (6.8 %) were among service industries for repair and maintenance, personal and laundry, religious, grant-making, civic and other services. Another 5.8% of SMEs were in the agriculture, forestry, fishing and hunting, and mining and oil and gas extraction industry. Meanwhile, 5.3% of SMEs were in manufacturing, 4.8% of SMEs were in wholesale trade.
In addition, small businesses employed 10.3 million individuals in America – almost two-thirds (63.8%) of the total labour force. By comparison, medium-sized businesses employed 3.4 million individuals (21.1% of the labour force). As such, small and medium businesses play an important role in employing Americans and are a significant driver towards economic recovery.
Factories and Manufacturing Units
Manufacturing is a cornerstone of America’s economy. Accounting for approximately $174B of America’s GDP, manufacturing represents more than 10% of America’s total GDP. America’s manufacturing industry has huge potential for America’s economic future. The world is changing, and new technologies are not just opening new markets for American goods, they are changing the ways these goods are produced. For manufacturing in America to remain a vibrant, innovative and competitive contributor to our economy, business and government will need to work together. A vibrant manufacturing community encourages industrial clusters that develop skills, knowledge and technology.
Also, manufacturing continues to remain an important industrial sector for economic growth and diversification in Texas. The manufacturing sector contributed $5.1B to Texas’s total 2021 real GDP of $77.4B. This represents about 6.6% of Texas’s GDP and 2.7% of total American manufacturing GDP ($174B). Texas had at least 1,892 manufacturing units in 2021 and most (94.1%) of them were small businesses (0-49 employees). The fabricated metal products sector had the highest number of manufacturing establishments (341), followed by food (287), and machinery (229).
Universities and Educational Institutions
Around the world, innovative digital technologies are transforming organizations. Digital innovations present boundless opportunities, helping organizations improve upon their effectiveness, efficiency, creativity and service delivery. Higher education is profoundly affected by these transformations and America’s universities are actively exploring the powerful possibilities of our shared digital future. Complacency in the digital era will be dangerous for companies and universities alike. The companies that survive today are either buying up disruptors or developing their own innovations. But digital innovation is not limited to the private sector, it has been recently highlighted by key innovators in the American higher education space.
The current digital research infrastructure ecosystem in America is complex and fragmented. During Budget 2015, new goals were set out to develop a Digital Research Infrastructure Strategy that included new policies on research data management and storage and a coordinated long-term approach to the funding and provision of networking, high performance computing, and software tools. The federal government started carrying out consultations to develop a new DRI strategy and Universities America began providing input in this process.
Emerging trends in digital research and scholarship:
- Every field of scholarship is being transformed by analytics and open access, which is making data and research results more widely available.
- The world’s most pressing problems are now being addressed through very large online collaborations involving researchers, students and other professionals from America and around the world.
- Large companies like Google and Microsoft are carrying out research with resources on a scale not available at universities. They are recruiting some of the best talent and collaborating with university researchers.
- 40% of American universities have a specific strategy to guide the institutional adoption of digital technologies while another 40% are in the process of developing a digital strategy.
Opportunities abound and American university leaders recognize that they must adapt in order to stay relevant in the digital era. Many universities aim to be leaders in distance learning or data management, for example, and are ahead of other institutions, funders and policy makers in these areas. These leaders will continue to leverage technologies to foster innovations and institutional change, some of which will be disruptive and some incremental.
Given these trends and the creative ways in which digital technologies can be used to support universities’ teaching and learning, research enterprise and administration, American universities are presented with a range of opportunities and ways to innovate. Universities will continue to incorporate digital technologies to attract more students, support their success, engage students in new ways, cater to their learning styles and needs, and better prepare them for their future careers. They will also use digital technologies to support a robust research environment involving online collaboration and access to increasingly large data sets and high-performance computing networks. And they will use technologies to offer a more secure, effective and efficient administrative environment, including improved student services.
Based on his twenty years of experience in the IT services industry, and having managed a business which caters to the requirements of an international clientele, Mr. Olevin has developed a wide network of industry professionals, who make purchase decisions regarding upgradation of IT systems in their organizations. JKY IT International America already has access to a large pool of private businesses, manufacturing companies, government bodies, and educational institutions across Europe, which we plan to tap into, in order to expand the American business, while scaling up our operations.
At the moment when it comes to the mentioned region, the digital transformation of Europe is opening a range of opportunities for its organizations, especially for startups and SMEs. Many European countries are even in the lead globally in certain sectors of digitalization. For example, Russia and United Kingdom have become the top two countries in e-commerce retail growth, increasing by 25% and 23% per year, respectively.
Digitalising the agriculture sector is a prominent opportunity across Europe. In Germany, for example, where 33% of the population is employed in agriculture, only 21% of farmers have ever used any ICT-based solutions in their business. Besides agriculture, the digitalisation of SMEs in the other sectors such as retail will play an important role in achieving inclusive digital transformation.
Another important sector that should be targeted by government and private sector solution providers is tourism, a key contributor to the GDP in several European countries. In the region, the level of digitalisation of accommodation for small businesses (1-15 people), which make over 80% of total tourism businesses, is low. Challenges related to affordability of digital products and services and digital skills prevent these MSMEs from deploying even basic tools like online travel agents (OTAs) and CRM systems.
Key Performance Indicators
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JKY IT International America’s operational plan outlines the company’s hours of operation, criteria for establishing the business, personnel acquisition plan, and risk mitigation strategy.
Hours of Operation
Criteria for Establishing the Business
The following steps will be required to launch JKY IT International America in the State of Texas, in addition to all other information outlined in this business plan:
- Business Number Registration
- Corporate income tax
- Import/export account
All businesses operating from commercial and industrial zoned properties in Houston require a City of Houston Commercial Business License.
Zoning regulations vary across the city and affect the type of business you are permitted to operate within a specific zoning district. Whether you are building a new structure or moving into an existing one, contact Planning & Development to determine if your proposed location is zoned for the type of business you want to establish. If you are solely operating a business from your residential home in Houston, please refer to the Home Based Business category.
If you have more than one business location in Houston, you will need to complete a separate business license application for each location.
The easiest way to apply for a commercial business license is through Business License Online.
Applications can also be submitted by mail. Complete the commercial business license application and gather any applicable supporting documents that apply to your business.
All commercial business license applications are reviewed for compliance with land use and building code regulations.
If structural alterations are planned or a change of use or occupancy to the building will occur, a building permit is required. A building permit from Building Standards is required prior to the start of construction. A business license will not be issued until the appropriate building permits have been taken out.
If your application is approved, you will receive written confirmation by mail, along with your business license, in approximately 10 to 15 business days. A business license is valid for one year from the date it is issued, unless otherwise stated on the license.
Business Name Registration
A business name registration refers to a registration under the Business Names Act. It expires after 5
years and must be renewed.
Federal Business Incorporation
There is a need to file an application to incorporate if you want to create or maintain a federal corporation.
IT Services Provider
Every business in Houston requires a business license. The type of business license one needs depends on the business operation and its location. This allows us to apply appropriate regulations to businesses where there is a potential for negative impacts on the community.
Aside from the business license, there are often additional requirements that must be met so it is important that we are aware of all applicable regulations.
Business licenses are location-specific and a separate license for each location from which we will operate is required. Some exceptions may apply.
All businesses operating from commercial and industrial zoned properties in Houston require a City of a Houston Commercial Business License.
- Home Based
The standards for home based businesses are intended to seek a balance between supporting a quiet, safe, and aesthetic residential environment while supporting the aspirations of home based entrepreneurs.
- Non-resident Businesses
Health & Safety
The Occupational Health & Safety Division is the Texas government body that supervises health and safety in the workplace. They deal with physical hazards, such as handling toxic material, as well as employees’ rights to work in a harassment-free environment.
The three rights of workers
Workplace safety is everyone’s responsibility. It is important to know one’s rights. The Texas Employment Act gives workers three important rights:
Right to Know
You have the right to know about any hazards, or potential hazards, which may be found in your place of employment. It is also your right to receive instruction, information, training and supervision necessary for you to do your job safely. Other examples of information you have a right to know include:
- safe work practices and procedures;
- emergency procedures (such as evacuations or first aid);
- policies that exist in your workplace (such as violence or harassment policies);
- how to safely use and handle chemicals and other substances found in your workplace; and
- how to raise a safety concern.
Right to Participate
You have the right to participate in workplace health and safety. Every Texas workplace with 10 or more workers must have an occupational health committee (OHC). At least half of the committee members must represent workers who are not management. Members representing workers need to be elected by the workers they represent or selected by their union. Members representing the employer are designated by the employer.
Right to Refuse
You have the right to refuse to perform any specific job or task which you have reasonable grounds to believe is unusually dangerous. The danger may be to you or to any other person at your workplace. An unusual danger could include:
- a danger that is not normal for the job (e.g., repairing a roof in dangerous winds);
- a danger that would normally stop work (e.g., operating a forklift with a flat tire); or
- a situation for which you are not properly trained, equipped, or experienced to do the work assigned (e.g., cleaning windows on a tall building with no fall protection equipment or training).
Roles and responsibilities
The Employer: The employer, typically represented by senior management, has the greatest responsibility with respect to health and safety in the workplace. He or she is responsible for taking every precaution reasonable in the circumstances for the protection of a worker. The employer is responsible for ensuring that the IRS is established, promoted, and that it functions successfully. A strong IRS is an important element of a strong health and safety culture in a workplace. A strong health and safety culture shows respect for the people in the workplace.
Supervisors: Supervisors are responsible for making workers fully aware of the hazards that may be encountered in the workplace. Supervisors must monitor workers and work conditions, ensuring that employers are working safely, responding to any of the hazards brought to their attention, and taking every precaution reasonable to ensure the protection of a worker.
Workers: Worker responsibilities include: reporting hazards in the workplace; working safely and following safe work practices; using the required personal protective equipment for the job at hand; participating in health and safety programs established for the workplace.
Health and safety representatives/joint health and safety committees: The health and safety representative, or the joint health and safety committee (JHSC), contributes to workplace health and safety. More information on the roles of the joint health and safety committee and the health and safety representative can be found in the Guide for joint health and safety committees and health and safety representatives in the workplace.
External Parties: Parties and organizations external to the workplace also contribute to workplace health and safety. These include the Ministry of Labour, Immigration, Training and Skills Development (MLITSD), the Workplace Safety and Insurance Board (WSIB), and the health and safety system partners. The MLITSD’s primary role is to set, communicate, and enforce workplace occupational health and safety standards while encouraging greater workplace self-reliance.
Inventory for Sale
All inventory is purchased upon receiving a purchase order; therefore, no initial inventory will be acquired. This will take place upon receiving an order, when the company will purchase from a company vendor.
JKY IT International America will be based in the City of Houston, for its location, affordable cost of living, central time zone, excellent internet accessibility, highly skilled talent pool, and economic opportunities.
Mr. Olevin has reviewed relevant risks and established appropriate mitigation strategies:
JKY IT International America will be led by Founder and Chief Executive Officer, Mr. Olevin. Operationally, the company will have two segments: Hardware, run by hardware technicians, and Software, run by software engineers. They will be led and managed by a Project Manager, who will be further supported by a Systems engineer.
The following organizational structure outlines JKY IT International America’s coordination system:
Mr. Patrick Olevin
Owner/Founder, Chief Executive Officer
Mr. Patrick Olevin is the Founder and CEO of JKY IT International America. Mr. Olevin has more than twenty years of management experience, responsible for the daily operations of an IT services business in Germany. Mr. Olevin has twelve years of entrepreneurial experience as a business owner, including ownership of JKY IT International Co. Ltd. in Germany. With an English proficiency level of IELTS band 5, Mr. Olevin can comfortably handle client negotiations and employee engagements.
The success of JKY IT International in Germany is justified validation of his business competence, and his ability to launch a successful American version of the previously established business in Germany. Being directly responsible for establishing business roots in America, Mr. Olevin will recruit key personnel, manage the company’s finances, and deal with operational responsibilities. As CEO, Mr. Olevin will ensure the profitability of the business, and work closely with key stakeholders to ensure sound operations. Running an IT company has developed Mr. Olevin’s keen business acumen. By streamlining his business operations through cultivating a forward-thinking attitude and developing a performance-driven business culture, Mr. Olevin has always strived to be ahead of his competitors by creatively designing various marketing campaigns based on product quality and customer feedback.
Growing the American business financially is Mr. Olevin’s ultimate goal, and he will do so by taking the initiative in mentoring his staff on IT services management, sharing the best industry practices and putting value in strong customer service and high quality software development, and strong network architecture design. Mr. Olevin believes in the importance of equipping teams with the right set of skills through training and mentoring, and is committed to building a strong core team. Mr. Olevin is fully confident that JKY IT International America will not only fill a critical market gap, but also play an integral role in the IT ecosystem of Texas’s economy.
The following personnel plan outlines each position the company will hire and average wage per year. Year 2 is the first time all positions will be engaged; therefore, the following wages will be based upon the aforementioned time period.
Project Managers take charge of technical teams. While their duties vary depending on the industry, they typically ensure the smooth functioning of technical operations, monitor and evaluate staff progress, assist with training and recruitment, set goals, and ensure overall client satisfaction.
Hourly Wage: $42.00
Annual Wage: $87,360
A Systems Engineer’s job is to determine problems within specific systems. They provide solutions for issues they find in the process, including designing new systems, upgrading hardware and maintaining an existing system.
Hourly Wage: $55.38
Annual Wage: $115,190
A Software Engineer’s job is to design, develop and maintain computer applications at an IT company. They use their creativity and technical skills and apply the principles of software engineering to help solve new and ongoing problems for an organization.
Hourly Wage: $49.38
Annual Wage: $102,710
A Hardware Technician’s job it to support and maintain computer systems and peripherals by installing, configuring, testing, troubleshooting, and repairing hardware. They also do repair and maintenance of technological equipment (e.g. routers) or network components.
Hourly Wage: $22.85
Annual Wage: $60,008
Business Development Executive
Business development executives are responsible for driving company sales by sourcing new clients, and by convincing existing clients to purchase added offerings by cross-selling. As such, business development executives play an integral role in companies’ longevity and sustainability.
Hourly Wage: $40.38
Annual Wage: $83,990
An Accountant helps businesses make critical financial decisions by collecting, tracking, and correcting the company’s finances. They are responsible for financial audits, reconciling bank statements, and ensuring financial records are accurate throughout the year.
Hourly Wage: $38.46
Annual Wage: $79,996
JKY IT International America will create a positive impact to Texas’s communities through a variety of programs and charitable activities.
Local Job Creation
The following chart outlines the plan for local jobs for American Citizens and Permanent Residents over the first 5 years of operation:
Pro Forma Income Statement
Pro Forma Cash Flow Statement
Pro Forma Balance Sheet