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Cyber Kada Han
Cyber Kada Han
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HISTORY
Internet caf business is indeed a very popular business. It is one of the
establishmentsmade indispensable in an increasingly interconnected
world.Internet caf was started with the opening of the first cyber caf, Caf
Cyberia, in London( U K ) S e p t e mb e r 1 , 1 9 9 4 . I t wa s f o u n d e d b y Ev a
P a s c o e . I t s t a r t e d w i t h h a l f a d o z e n H P computers, connected to the
Internet through dial-up modems that were able to transfer dataat 9.6
kilobytes per second. As the first Internet cafe, Cafe Cyberia got
tremendous publicityand 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 therewere
over 60 similar cafes over the world by the summer of
1995.CYBERKADAHAN INTERNET CAFE is name
of a proposed business plan; CYBERbeing related to computers and
KADAHAN meaning a group of individual or people who areclosely
bonded.
Type of Business Organization
Since the composed of five (5) ladies each one of has agreed and decided to be
partners.The groups preferred to use partnership as a type of business organization.
Partnership
is an organization where two or more person binds themselves to
contributemoney, property, or industry into a common fund with the
intention of dividing profits amongthemselves.Benefits of partnership type of
business we are establishing:
o
Partnership is relatively easy to establish; however times s
h o u l d b e i n v e s t e d i n developing the partnership agreement, in our case
theres no problem about it becausewe are mostly friends and we are devoted to
make our business progress.
o
With more than one owner, the ability to raise funds- Debt vs. Equity maybe
increased.
o
Enhanced capital availability. Two or more people will be providing and
searching
for c a p i t a l . I n a d d i t i o n , f u n d i n g s o u r c e s a r e mo r e l i k e l y t o e n t e r t a
i n f i n a n c i n g r e q u e s t because of the broader capital base.
3
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