Business plan for CityTRAXX
The present electronic information provision industry has not progressed as tremendous as the advancement of the computer. We have come up with a new concept of operating a system, similar to the ones already in the market, that would quicken this hold-up. The system is called CityTRAXX. The purpose...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Final Year Project (FYP) |
| Language: | English |
| Published: |
2014
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10356/56306 |
| _version_ | 1811681794972450816 |
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| author | Han, Derek Chong Hao Toh, Bennet Hoong Chye Tee, Hui Ling |
| author2 | Nanyang Business School |
| author_facet | Nanyang Business School Han, Derek Chong Hao Toh, Bennet Hoong Chye Tee, Hui Ling |
| author_sort | Han, Derek Chong Hao |
| collection | NTU |
| description | The present electronic information provision industry has not progressed as tremendous as the advancement of the computer. We have come up with a new concept of operating a system, similar to the ones already in the market, that would quicken this hold-up. The system is called CityTRAXX. The purpose of this applied research project is to develop a winning business plan for our conceptual product CityTRAXX. The applied research project focused on comparisons with the various sources of funds available, namely venture capital companies, banks, and governmental agencies. Literature search showed that venture capitalists are the better people to approach for new ventures requiring huge start-up amounts. In addition, we also did our own survey to determine whether there is a market for CityTRAXX. Results showed that the public is favourable for our system and we also found out the general price level that they are willing to pay. We have tailored this business plan in favour of the venture capital companies and following the format would greatly increase any entrepreneur's probability of obtaining funds for his or her new venture. |
| first_indexed | 2024-10-01T03:46:37Z |
| format | Final Year Project (FYP) |
| id | ntu-10356/56306 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T03:46:37Z |
| publishDate | 2014 |
| record_format | dspace |
| spelling | ntu-10356/563062023-05-19T06:24:07Z Business plan for CityTRAXX Han, Derek Chong Hao Toh, Bennet Hoong Chye Tee, Hui Ling Nanyang Business School Ravinder K. Zutshi DRNTU::Business The present electronic information provision industry has not progressed as tremendous as the advancement of the computer. We have come up with a new concept of operating a system, similar to the ones already in the market, that would quicken this hold-up. The system is called CityTRAXX. The purpose of this applied research project is to develop a winning business plan for our conceptual product CityTRAXX. The applied research project focused on comparisons with the various sources of funds available, namely venture capital companies, banks, and governmental agencies. Literature search showed that venture capitalists are the better people to approach for new ventures requiring huge start-up amounts. In addition, we also did our own survey to determine whether there is a market for CityTRAXX. Results showed that the public is favourable for our system and we also found out the general price level that they are willing to pay. We have tailored this business plan in favour of the venture capital companies and following the format would greatly increase any entrepreneur's probability of obtaining funds for his or her new venture. BUSINESS 2014-04-04T07:47:30Z 2014-04-04T07:47:30Z 1995 1995 Final Year Project (FYP) http://hdl.handle.net/10356/56306 en Nanyang Technological University 80 p. application/pdf |
| spellingShingle | DRNTU::Business Han, Derek Chong Hao Toh, Bennet Hoong Chye Tee, Hui Ling Business plan for CityTRAXX |
| title | Business plan for CityTRAXX |
| title_full | Business plan for CityTRAXX |
| title_fullStr | Business plan for CityTRAXX |
| title_full_unstemmed | Business plan for CityTRAXX |
| title_short | Business plan for CityTRAXX |
| title_sort | business plan for citytraxx |
| topic | DRNTU::Business |
| url | http://hdl.handle.net/10356/56306 |
| work_keys_str_mv | AT handerekchonghao businessplanforcitytraxx AT tohbennethoongchye businessplanforcitytraxx AT teehuiling businessplanforcitytraxx |