Be sure to take into consideration the Fair Isaac Corporation test for business solvency. You must prove your net worth and track your income and expenses (pretax) for at least three years. If your profit or loss statement for the past three years or projected for the next three years shows a pattern of positive cash flow, you are likely to be considered solvent. You will have to show how much cash will be needed to meet the anticipated expenses and how much will be available for investment as well as for operations. In addition, reports of your credit rating and your experience running a business in the same or similar industry will need to be reviewed.
Yes, there are many reasons why business is needed. Internet users are generally busy with their work. They are not willing to spend hours in front of their screens, unless it has something of value to offer. Your cyber cafe has that potential in a small package. You do not need to be a computer wiz to understand one simple fact – people want to be connected. Whether they do their work, or they want to link up with their friends, they need constant connectivity. That is the key attraction of your Internet Cafe.
Internet service and PC rental have reached a point where the service is almost free. Offline readers are also on the rise, and so you cannot afford to neglect the computer rental segment. Thus, you have to enter into a licensing agreement with the website owner. Most popular websites charge software and registration fees for chatting and sending e-mails. Chat is by far the fastest way to communicate, and so having a paid service for e-mail would be good.
Most Internet Cafes are available for PC rental and many charge accordingly. Since the café does not have a single point of sale to the consumer, the PC rental is a particularly good addition to your model since the consumer pays modestly for the access.
Business owners have their hands full with full-time employment. As such, they do not have time to undertake the process of establishing and running their own business. Often, the very thought of starting a business is an overwhelming prospect. d2c66b5586