A business model is a general outline of the transactions needed for your idea to make a profit. The most basic business model is simply producing a product or service and selling it directly to customers. The company makes a profit if revenues are greater than production and business costs.

In the new economy, we realize that customers are increasingly demanding the flexibility that best serves their unique business requirements. We provide the option of selecting a combination of business models to suit your various business needs.

Srest Business Models consists of the following:

Our fixed time, fixed price model offers customers a low-risk option and can be employed when the scope and specifications of the project are reasonably clear. This model guarantees on-time, on-budget delivery of projects. Deliverables, Costs and Timelines are clearly defined in the Fixed Time/Fixed Price model.
Srest follows a phased approach that includes scoping, development, implementation and business support. 
Our fixed time, fixed price model offers customers a low-risk option and can be employed when the scope and specifications of the project are reasonably clear. Fixed price model assumes that the client agrees to pay a fixed amount of money for the delivery of fixed software functionality.
The positive thing about a fixed price contract is that a client knows the price in advance and it puts pressure on the vendor to be efficient.
The negative side of a fixed price model is that the vendor needs to build in additional costs to cover the expense of items that might come up. The client also may not be as motivated as it should to cooperate with the vendor when he needs questions answered or any kind of assistance because the client will think it won't affect the cost since it is a fixed bid.

In this business model, Srest forms project teams with the required team members, project managers, equipment and infrastructure based on project requirements. Time and materials model assumes that the client agrees to pay by the hour for the effort put into the project. With this kind of project, the client will not have to worry about the issues of what is included and what is not, like it has to do with a fixed price projects. Most of our onsite services (unless it is part of a fixed time, fixed price project) are delivered using this business model.  In such engagements, the Client has complete flexibility in using our associates in tasks that match their area of expertise. It will also be easier for the client to have a say in how things are done since it will have to pay the price accordingly.
 A time and materials contract also puts pressure on the client to do everything possible to assist the vendor in doing a good job. This usually leads to better results.
The negative side of this type of contract, however, is that the client will not know exact cost ahead of time.

To combine the advantages of both Fixed price and Time & Materials models Srest often enters into "mixed" agreements with the customers, where, for example, some part of the job is estimated on a fixed price basis when the rest of the work shall be done as the time and materials project.

If you have any additional question about the innovative and fair Srest's business model, please do not hesitate to direct your questions to: info@SRest.net / info@SRest.biz