JAKN NETWORKS, SUPPORTS AND SERVICES
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BUSINESS ENVIRONMENT:
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Market Research and Evaluation
JAKN Network Support and Services is designed to meet the needs of small to medium size company who need IT services.
Total Market For research purposes, the SBA’s Office of Advocacy defines small business as an independent business with
fewer than 500 employees. According to the SBA, there are about 24 million small businesses in the U.S. Nationally; small
businesses represent about 99.7 percent of all employers. Small firms generate half of total U.S. non-farm private output and
employ more than half of the private sector work force.
Target Market Research from the Small Business Administration (SBA) Office of Advocacy shows that small businesses
provide the state’s largest source of new employment opportunities and a steady flow of jobs for minorities and women. As
of 2003, the Office of Advocacy estimated Texas had an estimated 1.7 million small businesses.
Primary Market Area
Industry Analysis Out of almost 400,000 firms with one or more paid employees in 2003, the SBA indicated that 98.6 percent
were small firms. Self-employment climbed by 7.8 percent to 891,016 in 2003 from 826,814 in 2002. Most of the state’s small
businesses are retail and service-oriented firms with less than $500,000 in annual revenues.
In terms of financial growth, small business owners’ income jumped 6.4 percent between 2002 and 2003 from $90.4 billion to
$96.2 billion, according to the U.S. Department of Commerce. Competitive Analysis
Within the Houston, Texas area there are hundreds of small Information Technology companies that offer the same services.
JAKN Network Support and Services will set itself apart from the pack by specializing in the need for affordable, high quality
network support and services for small companies who may not have IT departments, and the need for large companies to
access temporary skilled resources to assist their IT departments with the development of high quality network systems, was
identified and addressed by JAKN.