The company has a developed mix of services targeting both businesses and consumers. At today’s breakneck pace of business, companies need more ways than ever to keep in touch, and the easier the better.
Cellular Providers’ innovative product and service offerings provide the following advantages to customers.
- A full range of sleek, modern handsets to choose from.
- Text and numeric paging.
- Data capability.
- A full range of features.
- A national network.
- No roaming or landline connection charges.
- One-second rounding after the first minute.
3.1 Service Description
Cellular Providers has created a niche market as a one-stop shop for wireless services. Additionally, Cellular Providers has professionals with over 10 years combined experience in the industry, sophistication, and sales and distribution channels that are successful. Our services are formulated with ingredients known to increase the quality of communications, enhance internal business communications, and give users the opportunity to access the latest technology such as the ability to access the Internet on their handset.
Cellular Providers maintains a number of different services and accessories. Each of these services and accessories can be placed at the growth phase on the product life cycle curve.
3.2 Competitive Comparison
Cellular Providers is well positioned as a significant player in the cellular and two-way radio service marketplace. There are varying degrees of competition in each area, ranging from a great deal of perceived competition to the very minimal competition in satellite dishes. New technology research and upgrades will be on the cutting edge to improve our product and service lines and ensure that Cellular Providers remains a leader in this field. In comparison to the other key industry players, Cellular Providers offers a greater complement of products and services that make it a truly one-stop shop for wireless communications services. Significant differences include these offerings: satellite dishes, specialty markets with a direct need, services from four different wireless service providers, and residual revenue from service lines.
Cellular Providers is required to comply with various rules and regulations among a number of local, state, and federal agencies. Locally, the company is required to maintain its business license and comply with local regulations and city codes. From a State level, the company is required to comply with all State laws concerning employment law, corporate law, and consumer products regulations. From a Federal level, the company is required to comply with additional consumer product laws, taxation, etc.
Cellular Providers’ accounting policy follows generally accepted accounting principals. Cellular Providers’ financials are turned over to the CPA on a quarterly basis.
Cellular Providers uses Quick Books for its accounting software; Accounting is system based on the accrual method. The fiscal year is based on year-end. Financial reporting methods include monthly, quarterly, and annual statements. An annual audit is to be performed by the firm’s CPA firm in January.
Cellular Providers carries insurance for business liability, automobile, and medical coverage. Additional insurance programs such as worker’s compensation and key-man coverage will most likely be consummated by the close of the second quarter of 2000.
Management has no knowledge of pending lawsuits or threat of legal action directed at either the company or its officers.
Cellular Providers’ business tools may be considered to be those assets that keep the business running smoothly. These tools include computers, software, business forms, standard agreements, various internal process standards, and other company-specific documentation.
Estimated technological changes in this section concern those changes that would most likely affect Cellular Providers’ ability to compete. As Cellular Providers’ management identifies changing technology, these changes will be studied, analyzed, and evaluated. Of those technological changes that show significant impact on Cellular Providers’ future, funds and resources will likely be committed to making adjustments to Cellular Providers’ business operations. Actions include expanding sales, customer service, and training in order to meet the demand of the business community.