A venture capital firm might be interested in my proposal. I
have started a business called Unequaled Software Services, LLC. The plan is
for the firm to provide software development/maintenance services for clients.
USS will hire software developers to work on client projects. The USS modus
operandi will be unique in that it lets the client interview each potential
developer and decide whether that person is going to work on their project, and
in that USS lets the developers work from home in the city and location of
their choice. This way, I am expecting to build top tech teams to work on
client projects.
While working to land any particular client, before the
client signs a contract, USS will place job ads on job billboard websites,
screen incoming resumes and interview developers applying for positions.
Background checks, including education and employment history, will be done for
each viable applicant. This will be done at USS expense and will not cost the
potential client anything. After lining up the project team and figuring all
relevant costs, a contract will be presented to the client. The client, if it
decides to do business with USS, will sign the contract and place a down
payment, a percentage of the total project fee(s) in advance. The client will
pay off for each deliverable until the project is complete.
When the contract has been signed and the project is about
to start, USS will need financing to meet payroll and other expenses until the
client pays. That is where I am making a proposal to Venture Capitalists. I propose that if I
present a signed contract and the fact of a paid advance fee to the VC, that the
VC provide the funds to meet project expenses until the client pays off. This
funding may be on a piecemeal basis, covering each project contract that is
commenced. Possibly, based on a few successful contracts, the VC would provide
long term funding for USS and its future projects.