IT Consultancy Business Investment Opportunity in Popondetta, Papua New Guinea
Established | 1-5 year(s) |
Employees | < 2 |
Legal Entity | Sole Proprietorship/Sole Trader |
Reported Sales | USD 2.9 thousand |
Run Rate Sales | USD 2.9 thousand |
EBITDA Margin | 40 % |
Industries | IT Consultancy |
Locations | Popondetta |
Local Time | 5:14 AM Pacific / Port Moresby |
Listed By | Business Owner / Director |
Status | Moderately Active |
- Established an ongoing maintenance contract with one client, indicating a potential for business stability.
- Currently operating with a minimal workforce of just one employee, limiting scalability and service capacity.
- Facing constraints for growth due to insufficient funding, which hinders the ability to acquire new clients and expand services.
- Plans to diversify revenue streams by establishing an internet café, aiming to create a complementary business model.
- The dual-service strategy positions the business to cater to varying client needs while enhancing income potential.
- The promoter holds a Diploma in Computing and Networking, as well as business management and was employed as an IT officer at New Britain Palm Oil Limited for 4 years. Currently, has been running the company and working as an IT service provider for the past 2 years.
- The local market in Popondetta presents untapped opportunities in IT services and internet access, indicating potential business growth.
100% owned by the promoter.