Hello

1) The web hosting industry is one of the fast growing businesses in the modern world. It has enormous amount of competition to face for survival. There are thousands of providers and many attractive plans for the customers to pick. The survival and profit making in the web hosting industry is purely based on the efficiency and ability of the company to react on a demand from the market. The tough competition in the field increases the significance of business planning in the industry.

The competence of the technical department is the most important aspect of this business. The correlation between the technical department with sales and support departments is also significant. The Customer will contact the sales team for a suitable package and once the billing process is over the matter will be forwarded to the technical department for required action on the order. The web hosting industry generally use the ticket system to communicate with the customer and forward the orders and complaints of the customer to the corresponding departments. The role of business planning is evident since it is a multi department industry which requires investment on hardware and soft skills. The defined objective of the company shall only be achieved by a fool proof business planning. The opportunities in the market is very very limited due to the high number of competitors and survival is possible only by a solid unique business plan. The business plan should include short term and long term goals, detailed description of the products and services offered, a technical market research method to evaluate the opportunities for the defined products in the market and the detailed listing of resources and strategies about to employ to achieve the business goal.

The tough competition in the market is the major reason for the requirement of a solid business plan. Only a unique idea can enable the business owner to dream about profits in such a market. The planned investment in the...