Initial investment for the startup will be around 4 million PKR using the founders' savings. This funding will allow them to register as dealers with major video game publishers and platforms to work as a digital coin dealer operating from home. The company will not take loans and wants to remain independent, potentially accepting investments where founders retain over 70% shares. Financial planning will be reviewed every 8 months and software will help oversee finances through the e-marketplace. Currently no similar large companies exist in Pakistan, just small individual operations, so there will be no direct competitors.
Initial investment for the startup will be around 4 million PKR using the founders' savings. This funding will allow them to register as dealers with major video game publishers and platforms to work as a digital coin dealer operating from home. The company will not take loans and wants to remain independent, potentially accepting investments where founders retain over 70% shares. Financial planning will be reviewed every 8 months and software will help oversee finances through the e-marketplace. Currently no similar large companies exist in Pakistan, just small individual operations, so there will be no direct competitors.
Initial investment for the startup will be around 4 million PKR using the founders' savings. This funding will allow them to register as dealers with major video game publishers and platforms to work as a digital coin dealer operating from home. The company will not take loans and wants to remain independent, potentially accepting investments where founders retain over 70% shares. Financial planning will be reviewed every 8 months and software will help oversee finances through the e-marketplace. Currently no similar large companies exist in Pakistan, just small individual operations, so there will be no direct competitors.
For our startup we will be using Bootstrapping strategy where we will use our savings to as initial investments which will be around 4 million PKR. This investment will be needed to sign up as dealers with Origin, Steam, EA sports, Xbox, Sony, Gameloft, Orbit, Ubisoft, Rockstar etc so that we can work as coin dealers. As we will be operating from home initially so this investment will be enough to start from home which also included web developing and E-com marketing. To register the company, we will have a lawyer with reference so that we can cut some legal expenses. We will not be taking loans from any bank or financial company because we want our business free from external involvement and all the expansion of the company will be based upon the retained earnings. We may ask for investments from different investors which will make people part of the company with holding the more than 70% share by us. Company’s financial planning will be reviewed after every 8 months. To boost up the financial caring, company will invest in some software which will help us to overlook the financial activities directly through the E-market. Financial performance of similar businesses Any company of this brand description does not exist in Pakistan yet. Individuals are doing this business on a very small scale. This business for those individuals is working very well. This business will not be facing any competitor.