Electronic Detectives, Inc. helps lawyers identify, acquire, restore, and analyze electronic data in litigation. Our certified forensic, discovery and testimony experts are full-time and fully trained in acquiring data using Unix, Novell and Linux servers and computers. As electronic discovery experts, we can help to shape the field.
Electronic Detectives is a Delaware limited liability corporation that will be tax-exempt. Limited private investors have invested in the company, but it does not intend on going public. The company’s main office is located in Portland, Oregon. The company’s principal clients will include law firms who require the identification, restoration, or analysis of electronic information.
The company’s private investors will own 47% of the company’s shares. Rest will be held by senior management, including Mr. David Radcliffe (20%), Mrs. Julie Walters (10%) and Mr. Brad Rinke (15%). Mr. William Orcott (7%). All other financing is provided by loans.
Electronic Detectives’ experts are well-versed in all commercial operating system such as Unix and Linux. Electronic Detectives will provide assistance in 30(b),(6) depositions. The firm will go on-site and inventory data, and look for hidden sources. To ensure the protection of our clients, we plan to have well-recorded chain-of-custody. Our work product can be viewed in any jurisdiction thanks to our written procedures and internal procedures. Our firm will provide detailed written reports, presentations, as well as analyses to support the conclusions. We also have a wealth of experience providing expert testimony in federal and state court.
The electronic evidence-gathering business is an offshoot within the detective trade. As such, it is very new and difficult to collect market information. A glance at the profitability of a competitor will give you an idea about the potential profit and growth of this market. Computer Forensics of Bellevue WA has been in existence for four years. It has seen rapid growth of 40% per annum over the past four years. After substantial investment, the company has achieved record pre-tax net worth of 65%. This is a sign of the market’s demand and overall growth potential. This is a market that you should enter immediately to secure a solid position based on customer loyalty and customer satisfaction before other competitors do.
According to our estimates, we’ll begin to make monthly profit in November of the first and yearly profits in December of the third year. Electronic Detectives has an additional $60,000 credit to cover any unforeseen circumstances. To meet costs, we’ll need to complete six different projects per month as per our break-even analysis. In the next three years, we plan to continue to generate positive cash flow and pay off our various loans.
The following are the goals for Electronic Detectives over the next three years:
- Achieve break-even by year two.
- Up to 40 law firm clients can be established by the end of year 3.
- Establish minimum 95% customer satisfaction rate.
- You can complete your project in 10 days or less.
1.2 Keys To Success
The keys to longterm survival and profitability with Electronic Detectives are:
- Attracting the best talent in the computer science field and establishing close contacts with those institutions and firms conducting the latest R&D in computer security.
- To maintain a close relationship with clients and to establish a long-lasting, productive relationship with them in order to generate repeat business.
- The establishment of procedures that ensure accurate and quick retrieval of information. Client processing.
It is the mission of Electronic Detectives to create a new standard in the detective industry. With the creation of computers and the Internet for business and personal communication and data storage, much of needed court evidence is now retained on computers and PDA’s in the form of personal files, emails, electronic picture formats, and other forms. There are not many companies currently that provide investigative service for institutions or businesses that require the accurate retrieval.
Electronic Detectives plans to be a pioneer in customer service, accurate recovery and timeliness. This will allow Electronic Detectives gain significant market share.
Leave a Reply