Feasibility Report

Opportunity.com: Internet Café

Abstract

When starting a new business, there are many important decisions to make and many rules and procedures that must be addressed. The number of task you need to complete and the information you need to track down before you begin a business. The aim of this paper was to establish a feasibility report for a new business. For this purpose, we have developed a feasibility report of internet café with name of opportunity.com. Deciding where to open and when to open your new business is often one of the most difficult decisions a business owner faces. These decisions may also be the most important ones because the ultimate success of the business can hinge on where it's located and when it's opened. An important factor in selecting a location is that you keep a long term perspective. Site selection can be a big investment. Choosing the right site now can avoid the cost of relocation in the future.

Opportunity.com: Internet Café

Overview of the Business

Internet is the most demanding program in the world today, because it had changed in the world with new ideas. Internet cafes and cyber cafes are always those places that Internet access to the public to provide any compensation which is charged on an hourly basis. Usually the internet cafe has refreshments provision for people who use the Internet in their internet clubs. Some Internet cafes or clubs charge rate per minute and a number of costs per hour, but the thing is in both cases, users can easily use the Internet (Samuel, 2011).

Internet cafes are widely used by gamers to game online due to large growth in the online gaming industry to play. More and more people are connected to the internet due to the influence of the Internet in human life. Running an Internet cafe is not an easy task, but highly profitable business that can be started with the investment, but makes big money (Xinhaunet Press Release, 2010).

Internet café business is indeed a very popular business. It is one of the establishments made indispensable in an increasingly interconnected world. Internet café was started with the opening of the first cyber café, Café Cyberia, in London (UK) September 1, 1994. It was founded by Eva Pascoe. It started with half a dozen HP computers, connected to the Internet through dial-up modems that were able to transfer data at 9.6 kilobytes per second. As the first Internet cafe, Cafe Cyberia got tremendous publicity and additional investments into the business from likes of Mick Jagger and Maurice Saatchi. With the success of Cafe Cyberia, the Internet Cafe business got into a flying start, and there were over 60 similar cafes over the world by the summer of 1995 (Chazper, 2011).

“Opportunity.com” is name of a proposed business plan; “.com” being related to computers and internet, whereas “opportunity” means opportunity of entertainment, work, connectivity and many more.

Proposed Location

The business will be started in Philippians because there is great opportunity of internet café because a ...