DEALSECURED is an easy to use Online Legal Financial Service available to anyone "doing business" of any sort - large, small, domestic, industrial, local, national, international and all for a minimum fee.
DEALSECURED will enable sides to an agreement wishing to secure their interests to define terms for release of funds and to secure payment against performance using the system. It is conceived that DEALSECURED has the potential to become a significant service provider in almost all sectors of business and finance!
DEALSECURED will provide a triple-eS-crow service. The 3 s's are for: Sophistication * Security * Service
The initial system will comprise the basic unique DEALSECURED elements for agreements and for managing a broad range of deposits such as against rental where the renter wishes the deposit to be secured on agreed terms with a trusted third party.
This will be the initiation of a process of development of an extremely broad range of sophisticated user-friendly business tools catering for every type of commercial transaction based on the DEALSECURED concept. These tools will cater to all users from novices through to trained and accredited system experts.
The initial development team comprises some 7 talented and enthusiastic creative developers and designers. (3 junior developers, 2 senior developers, technology consultant and designer and CEO).
The system is being developed in Israel which is seen as a possible ideal starting location for development and marketing. The multiple local and international business sectors that can benefit from the system based in Israel will enable a concentrated development process for a wide range of solutions enabling thereafter a swift international expansion. The local business environment is tough but since there is a high level of integration and of information sharing in Israel it should enable the dealsecured name to develop with greater ease than in perhaps larger economies.
The team has within the short space of 3 months created the business logic of the initial system, a design concept for the initial site and a working model (POC) which will be the initial online system.
This initial system already will cater for both supplies or customers wishing to create agreement financial terms for both specific and generic agreements and also demonstrates integration of the payment system into third party sales sites similar to Paypal. Application for compliance with the complex regulatory requirements has been submitted and is at an advanced stage.
With a potential to become the market standard in a broad range of commercial sectors it would be an understatement to say that DEALSECURED business potential is significant indeed - especially when compared to the start-up costs.
Marketing StrategyThere are a number of marketing strategies that will be used to initiate. For example appropriate service providers wishing to offer an added value to help market their services where a wary public might not wish to release money without guarantees. (Such as second hand car dealers, travel agents...) DealSecured will offer to tailor system at very attractive cost (development costs should be minimum built on the existing platform) and service provider will direct all paying customers to the dealsecured.com link that relates to said agreement. This will enhance a process of the dealsecured.com achieving a natural and organic market recognition and penetration.
See the link below for a simple example of integrating dealsecured into an existing commercial site.
Currently no other provider has been identified offering the unique DEALSECURED service.
RegulatoryThere is a potential that regulatory challenges and obligations will be placed on DEALSECURED. It is anticipated that the degree of regulatory obligations will be proportional to the scope of business being done. Hence the resources that compliance will require should keep pace with development of the business.
The regulatory requirements that will be placed on the initial system have been investigated in consultation with leading legal experts in the area of finance and banking. Overall these are not seen as a serious barrier to commencing business. Serious progress has now been made towards procuring the necessary regulatory and licensing requirements.
Similarly to the regulatory requirements the technological requirements of the system are equally anticipated to grow together with the business - both regarding scope and sophistication. Serious emphasis will be placed at all times on ensuring security, integrity and full regulatory compliance
BusinessThe preferred business development strategy is one of an initial period of careful development of all systems, technological, fiscal bureaucratic and customer service to a highly refined level while promoting market penetration in a controlled manner. It is seen as vital to avoid system mishaps which could compromise security of customers monies and hence immediate mass market take-up would not necessarily be beneficial for long term growth.
Once a stable highly sophisticated flexible and reliable platform facilitating multiple financial transactions is in place it is anticipated that this coupled with critical mass market penetration achieved over said period will herald phase 2 of exponential market growth. It is anticipated that this will take approx 3 years.
The current starting development team has been garnished from the Israeli Chareidi sector.
The unique qualities that these developers possess are seen as a significant asset in the ongoing development of DEALSECURED. (since the system will be doing extensive handling of clients' monies, the abilities and integrity of all staff is of paramount importance).
The development is also seen as an important vehicle with a strong potential to bring significant benefits to the aforesaid sector without any compromise whatsoever of professional standards - quite the contrary.
$100,000 for 10% non-dilutable share.
This sum should provide for a team of 4-5 comprising technical and marketing staff for approx. 5 months. 2 months of final development and 3 months of business operations. Includes financing loan for licensing deposit.
All dispersals will be fully transparent.
CEO will not be taking fees or wages.
D.Bookman
Born: UK, Practicing lawyer in Israel commercial and real-estate. (including hi-tech investment). 20 years experience.
Experienced software engineer - 4 years. Ivrit English - fluent written & spoken.