Penguin internet cafe , unlike a
typical cafe, will provide a unique forum for communication and entertainment
through the medium of the Internet. Penguin internet cafe is the answer to an increasing demand. The public wants: (1) access to
the methods of communication and volumes of information now available on the
Internet, and (2) access at a cost they can afford and in such a way that they
aren't socially, economically, or politically isolated. Penguin internet cafe goal is to
provide the community with a social, educational, entertaining, atmosphere for
worldwide communication.
This business plan is
prepared to obtain financing in the amount of $24,000. The supplemental
financing is required to begin work on site preparation and modifications,
equipment purchases, and to cover expenses in the first year of operations.
Penguin internet cafe will be incorporated as an PENGUIN COMPUTERS LTD .
This will shield the owner Ulimboka mwakilili , and theone outside investors, christopher kanyiki from issues of personal liability and
double taxation. The investors will be treated as shareholders and therefore
will not be liable for more than their individual personal investment of
$1200 each.
The financing, in addition to the capital
contributions from the owner, shareholders and the shine Economic Development
Fund, Penguin internet cafe will allow to successfully
open and maintain operations through year one. The large initial capital
investment will allow Penguin internet cafe to provide
its customers with a full featured Internet cafe. A unique, upscale, and
innovative environment is required to provide the customers with an atmosphere
that will spawn socialization. Successful operation in year one will provide Penguin internet cafe with a customer base that will
allow it to be self sufficient in year two
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