Certificate: Government Polytechnic, Solapur
Certificate: Government Polytechnic, Solapur
CERTIFICATE
Maharashtra State Board of
Technical Education, Mumbai
GOVERNMENT
POLYTECHNIC, SOLAPUR
Subject: Entrepreneurship Development (22619)
Topic: Cyber gaming park
Guide: Imalata Kurapati mam
Submitted By:
Abstract
Acknowledgement
We wish to express our profound and sincere gratitude to our guide, Imalata
Kurapati Ma’am who guided us in the structure of project as well as some main points in
that project also they cleared our all doubts about micro project. We are Indebted to his
constant encouragement, co-operation and help. It was his enthusiastic support that helped
us in overcoming various obstacles in the project.
We would also like to express our thankfulness to our beloved Principal as well as
HOD and other faculty members of our Third-year department for extending their support
and motivation
Finally, we completed our micro project that regarding to our syllabus as well as
department, once more thanks for Respected Principal, HOD and other Faculty Members
who helped us in the micro project completion.
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3 Chrome 100.1 1
7.0 Action Plan (Sequence and time required for major activities for 8 Weeks)
1. Shopping Mart
2. Myntra
Index
Sr. No Chapter No Page No
1 Introduction 7
2 SWOT analysis 8
3 My entrepreneurial traits 9
4 Business Ideas 10
11 Goals of business 29
Introduction
Gaming is the practice of playing video games. The term may also refer to betting,
especially online. This article focuses just on the term when it refers to video games.
Somebody who is gaming may be playing video or electronic games using a console, mobile
phone, VR (virtual reality) goggles, or computer. The gamer is typically a regular player
who enjoys electronic games as a hobby. There are also professional gamers; they make a
living in the world of esports. In fact, some of them are now millionaires.
Our business plan is to open cyber gaming park. Which Combination of Internet café
and gaming, an internet park, also known as a cyber park, is a business that provides internet
access and related services via dedicated computers and other devices. It often offers food
and drinks to complement its primary services. Internet cafés differ from coffee shops that
offer Wi-Fi in that cafés focus primarily on internet services and provide patrons with the
means to access these service
By concept of internet net café, we are building Cyber Gaming park, where we are
providing high end gaming pcs to gamers
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▪ Weakness
1)High Capital Require: High-end PC components are very costly and Required to be
imported. Ideally cost of Games are also high
2) High Maintenance: PC's Require more maintenance like cleaning and hardware
service
3) High Power Consumption: Gaming PC's Require high electricity, so Consumption
will be more. So, the electricity bill will also be big
4) Small Consumer Group: Though Very high number of gamers in India but most of
them play games on mobile devices
▪ Opportunities
1)Promotional Contracts: As ma people start to visit our Park, Game development
industries will try to have a contract for promotion of their games
2) Future Government Opportunities: Union of Education ministry is working to
support the students in the field of online gaming to generate new employment
opportunities
▪ Threats
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1) Business Easy to Copy: This business is very too easy copy by anyone. So, there is
high risk of creating competition
My entrepreneurial traits:
✓ Visionary: A person with original ideas about what the future will or could be like.
✓ Patriotic: Having or showing love that a person feels for his country.
✓ Optimistic: Hopeful and confident about the future.
✓ Energetic: Showing or involving great activity or vitality.
✓ Hard worker: Constantly, regularly engaged with work.
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BUSINESS IDEAS
1. Amazon Seller
An online seller is very trending business idea. It has very high scale. Amazon
provides platform to sell products online. It has span all over India. This business
requires minimum capital and Amazon charge very less money. But margin of
Profit is less.
I can sell products in different category.
4. Freelancing
It is term referring to professional working for a short period of time on a project or
hour basis independently. Freelancing has very high scope and demand. It requires
limited skills. To be a freelancer you only have to be good at doing something like
designing, software development, art etc. there is little to no required capital and has
high profit. With my software development skills, I can be a good freelancer.
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Financial agencies that will help you to set up your business enterprise
▪ MCED
MCED is confident enough that, people who have potential entrepreneurial companies, if
they are identified, properly trained and provide them the suitable support during their
course of implementation a very high success rate in form of enterprise creation is
possible. The institute has established reputation for the responsibility of conducting
various assignment with different sponsors. MCED is an associated with national level
institute
MSME is a branch of the Government of India, is the apex executive body for formulation
and administration of rules, regulations and laws relating to micro, small and medium
enterprises in India.
MSME Loans also known as Micro, Small, and Medium Enterprise Loans are types
of loans which you can avail if you own a business or is an entrepreneur. This type of loan
provides you working capital which you can use for various purposes such as purchasing
new inventory, buying new equipment, paying your staff their salary, or aid yourself in
expanding your business. There are multiple lenders in India who offer MSME loans to their
customers. The interest charged also differs from banks to banks.
Loan Details
Particulars Criteria
• Manufacturing Sector
Type of business
• Service Sector
Size of business (in terms of investment) - Manufacturing • Micro - < Rs.25 lakh
Sector • Small - < Rs.5 crore
• Medium - < Rs.10 crore
Size of business (in terms of investment) - Service Sector • Micro - < Rs.10 lakh
• Small - < Rs.2 crore
• Medium - < Rs.5 crore
My business falls under the category of Small Scale with turnover under 50 cr.
Listed below is a generic list of documents that you can keep in hand for your application:
Proof of Income P/L account and balance sheet copies of last 2 years
Technological feasibility
Technical Feasibility lays outs on details
• Material / Equipment
• Labour/Staff
• Transportation
• Physical Location
• Technology
1)Calculating Equipment Requirements
While giving park service to customers we need
Material Broad specification
5)Technology
Technology is base of cyber park we need lots of tech to build a park
Technologies need are as follows
1. Staff Management System -This System need to manage park staff and account of
staff
2. Ticket management System-This System need to manage tickets, buying tickets ,
validation of tickets
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Financial Feasibility
Feasibility Report
The feasibility report is an analysis or study or new business or product idea and covers the
discussions, analysis, and study of the different aspects (almost every aspect) of the
feasibility of a START-UP businesses.
Financial Analysis:
Problems:
Private equity for those willing to give up a chunk of the company in exchange for cash
now.
SBA-backed loans. These are somewhat easier to get today than they were a year ago, but
loan amounts are typically small.
Friends and family and personal savings The most popular options, based on data from
the Bureau of Labor Statistics.
A dearth of working capital is a problem for companies of any size, but it can be especially
detrimental for smaller entities with fewer resources. While having cash on hand every
month to pay the bills with some left overs a good thing, a lack of capital can prevent a
small business from hiring, expanding into additional markets and exploring new
opportunities.
Solution:
Make sure your cash flow, P&L statements and balance sheet are updated, accessible and
auditable.
With an automated financial management platform in place, you can easily create these
reports and have them ready to present when that investor or banker asks for them.
Whichever debt vehicle was tapped into, these situations can have significant short- and
long-term impacts on the company. For example, it can take time for a firm’s positive cash
flow to start, and in the meantime, there are employees, suppliers and overhead to pay.
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Solution: Here are four steps you can take to minimize your business debt levels and get
your finances back on track:
Identify areas where you can reduce costs. Perhaps you can sublease unused office
space or sell excess equipment. While shrinking your workforce is not an attractive option,
it may be necessary to keep your business alive.
Use runway extenders: Stay connected with your customers, and seek out ways to
increase your exposure and/or improve your business model, and thus your revenue. Offer
your best customers markdowns if they can pay you more quickly. You should also
contact your suppliers to arrange discounts and/or deferred payments.
Contact every creditor and advise them of your predicament. Ignoring your lenders will
only make matters worse, while tackling a debt problem is easier when you act early.
Since it’s in everyone’s interest to find a solution, request that your lenders work with you
to lower interest rates, increase your credit line or restructure your repayment options.
Consolidate your business loans into one payment, which may reduce monthly costs
without negatively affecting your credit score. A business debt consolidation loan, like one
from the SBA, can allow you to deal with a single creditor rather than many and perhaps
get a lower interest rate.
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Equipment expenses
Equipment Quantity Amount total
High end 30 2L 60L
computers
Medium end 40 1L 40L
computers
Low end 50 50K 20L
computers
PS5 5 50K 2.5L
PS4 5 30K 1.5L
PS3 10 20K 2L
VR gaming set 20 30K 6L
Xbox 5 30K 1.5L
Monitors 25 30K 7.5L
Games 1000 - 5L
Furniture - - 10L
Initial capital requirement = 1.56 Cr
Investment
Investor Amount
ICICI SME loan 2 Cr
Piyush Ghante 44L
Business partner 44L
Total investment = 2.88 Cr
Stakeholders
2%
Piyush
49%
Sufiyan
49.00%
Charity
Annual turnover
Equipment Quantity Charges/hour Total (annual)
High end 30 100 72L
computers
Medium end 40 80 64L
computers
Low end 50 30 32L
computers
PS5 5 120 12L
PS4 5 100 8L
PS3 10 50 8L
VR gaming set 20 100 48L
Xbox 5 100 8L
Total annual Turnover= 8.82 Cr
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Goal of business
Short Term
Short-term goal is something you want to do soon. Short-term goals can help you make
big changes. A short-term goal is something you want to do in the near future. The near
future can mean today, this week, this month, or even this year. A short-term goal is
something you want to accomplish soon
Our Short Term Goals
1. Provide high-end computer games
2. Provide high-speed internet
3. Conduct local E-sports tournament
A Medium-term goal is something you want to do in the after short term goals, these are
supportive goals for accomplishment of long-term goals
A long-term goal is something you want to do in the future. Long-term goals are important
for a successful business.
A long-term goal is something you want to accomplish in the future. Long-term goals
require time and planning. They are not something you can do this week or even this year.
Long-term goals are usually at least several years away.
Vision Statement
A vision statement is a business document that states the current and future
objectives of an organization. A company’s vision must align with its mission, strategic
planning, culture, and core values. A vision statement is not only used in business, as non-
profits and government offices also use them to set strategic goals.
Vision statements are not necessarily set in stone. They can be returned to, reviewed and
revised as necessary. Any changes should be minimal, however, because a vision
statement is a guideline for a company’s strategic plan, so it must be thoroughly reviewed.
The business vision of an organization might change over time, as companies adapt to
their business environment and external factors that might affect their ability to achieve
their mission.
Mission statement
A mission statement is used by a company to explain, in simple and concise terms, its
purpose(s) for being. The statement is generally short, either a single sentence or a short
paragraph.
Mission statement of our company
“We believe games will become the world's most powerful medium”
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The break-even point is the point at which total cost and total revenue are equal, meaning there
is no loss or gain for your small business. In other words, you've reached the level of production
at which the costs of production equal the revenues for a product.
If we consider park running on 50% of its capacity then only within 3 month all the
invested money will be recovered
Diagram
Breakeven point
30000000
Ccost in Ruppes
25000000
20000000
15000000
10000000
5000000
0
1 month 2 month 3 month
Time
Cost Revenue
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2. LIC New Jeevan Anand- LIC Jeevan Anand is an insurance policy offered by Life
Insurance Corporation. This plan comes with two types of riders including accidental
death rider and disability rider.
Features and benefits:
It is an offline insurance policy
3. Property Insurance
Property insurance covers equipment, signage, inventory, and furniture in the event of a
fire, storm or theft. However, it doesn't cover mass-destruction events like floods and
earthquakes. If your area is at risk for these issues, you'll need a separate policy. Another
exception is personal property that is very high value and expensive—this is usually
covered by purchasing an addition to the policy called a "rider." If there's a claim, the
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property insurance policy will either reimburse the policyholder for the actual value of the
damage or the replacement cost to fix the problem.
Employer provided life insurance is an arrangement where, the employer buys the life
insurance plan and pays the premium for the benefit of the employee. Generally, this is a
benefit given to only select employees by the company with the aim of attracting and
retaining them for a long period of time.
This life insurance is often confused with keyman life insurance, as these are both brought
by companies for their employees. But, employer provided life insurance is different in a
way that the death benefit is paid to the employee’s beneficiaries and not the company.
Furthermore, the life insurance proceeds to the employee are tax free u/s 10(10D).
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1. Banners
Most basic and simple marketing strategy is making banners, pomp Lates and
advertisement in newspaper. Initially it is very important to let people know about your
business, your service and location. In this strategy I plan to give advertisements in
newspaper, then make banners and pomp plates and put it near schools and colleges. This
way I can attract my target customers.
2. Website strategy.
If your internet park can't be discovered on the web, then it doesn’t exist. In other
words, to make your cyberpark visible you need to have a website. Besides raising the
rating of your Internet park, a website is also an excellent informative tool, that helps to
attract more clients from organic search. Generally, a website will build trust to your
institution from clients and partners. Thus, if one day you decide to grow by selling
cyber park franchises, a website will be a big plus.
3. Promotion strategy
As a rule, starts nowadays with Social Networks - Facebook, Twitter, Instagram,
YouTube, TikTok, Snapchat. Check the most relevant for your type of business. For
example, TikTok and Snapchat are the main channels for attracting teenagers, while
adults are bound to be found elsewhere. Some question here to help you with the
decision are the following:
4. Streaming strategy
By doing live streams on You Tube of gameplays by the customers will grab many
attentions. It will be like a platform to show their skill. This will encourage many
students to come park
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Business Timeline
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Business outline
Our business plan is to establish a biggest enterprise in gaming café’s. Gaming cyber
parks aservice-based business. Our job is to provide Quality service in high performance
computers, internet and games.
All services available –
1. High end, medium end and low-end computers
2. 1000 and more games
3. Gaming consoles
4. VR gaming-set
5. Internet
6. Bike parking
With ICICI bank SME loan of 2 crore we both will invest Rs. 44 Lack Initially. The
turnover and profits described in the Turnover & Revenue section.
Initial Setup
At the beginning will start our first franchise in Solapur city. As the business
grow more franchises will launch in multiple cities like Mumbai, Pune, Kolhapur, Delhi,
Bangalore etc.
Park will work like this:-
Customers will be charged for accessing computers and gaming consoles on
hourly basis. We will create a ambiance for gaming to keep our customers play games for
more time. Customers will be handled by supporting staff. Equipment’s are regularly
cheeked and serviced by technician staff. All the staff is handled by a manager on the café.
Marketing
We are going to use multiple marketing strategy for more reach and popularity. It
is very important at the beginning to market the business, so we have plans to put much
efforts in marketing. We are using multiple strategy for both short term marketing and
long term
Future Idea
My future business plan to open my cyber game parks all over in India. After that
will plan to extend in other countries, main object will be to build e-sport team and they
will go to participate gaming tournaments, which will increase demand of park and growth
of park
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Conclusion
This Project discuss entrepreneur and entrepreneurship by employing different
models and theories. The discussion above indicates that characteristics of entrepreneurs,
opportunity identification, and resources are basic elements to start an entrepreneurial
business.
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References