ASIAN INSTITUTE OF COMPUTER STUDIES
“PeaSea Internet Café”
IN FULLFILLMENT FOR THE COURSE OF
1st Year COMPUTER SCIENCE
CISCO – AE2EA
Elena De Leon
SY March 2010
We would like to acknowledge the following people who helped in making this study possible. For sharing their wisdom and knowledge in attaining the desired goal.
To Mr. Rey Alvarado, our professor, who has been very supportive to us.
To Galano Brother’s, Mr. James a who owns the Alliance Internet Café for giving those ideas in setting an Internet Café and for his brother Mr. John a CPA board passer for helping us in projecting our Financial report.
To Mr. Jeffrey Blay, a government employee of Lungsod ng Makati, for endowing us their invaluable time for the survey conduction in their respective area.
To our dear families who were always supportive and understanding.
And Above all, to God Almighty, for giving the wisdom, courage, good health and guidance that enlightened our hearts and minds so that this study would come into fruition.
Internet café was started with the opening of the first cyber café, Café Cyberia, in London (UK) September 1, 1994. It was founded by Eva Pascoe. It started with half a dozen HP computers, connected to the Internet through dial-up modems that were able to transfer data at 9.6 kilobytes per second. As the first Internet cafe, Cafe Cyberia got tremendous publicity and 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 there were over 60 similar cafes over the world by the summer of 1995.
Internet café business is indeed a very popular business. It is one of the establishments made indispensable in an increasingly interconnected world. “PeaSea Internet Cafe” is the name of business plan. PeaSea means to make some sort of Pea cartoon character riding a computer-shaped surfboard coming to the rescue and is intended for fun and community building. Type of Business Organization
Since we are seven (7) in the group each one of us 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 contribute money, property, or industry into a common fund with the intention of dividing profits among themselves. Benefits in partnership of business that we are establishing: o Partnership is easy to establish. However, times should be invested in developing the partnership agreement, in our case there’s no problem about it because we 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 capital. In addition, funding sources are more likely to entertain financing request because of the broader capital base. o The profit from the business flow directly to the business though the partners personal tax return. o Higher quality employees. Partnership tends to attract better employees because of the possibility of becoming a principal in the firm. o Easy form. Procedures and expenses are minimized.
o The business usually benefit from partners who have complementary skills. o Better decision- making capability. Two heads are better than one. o Managerial flexibility. Generally, important decisions can be quickly, although not as fast in a sole proprietorship. PeaSea Internet Café provides services that would give...