Business Models for Start up Business

Gamingdom is a new start up venture that provides online gaming service utilising the latest cloud computing technology. The high demand, popularity and exponential growth in the number of gaming enthusiasts and the market have brought about this innovative idea. This new venture aims to provide an...

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Main Author: Boban, Nitin
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2010
Online Access:https://eprints.nottingham.ac.uk/23749/
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author Boban, Nitin
author_facet Boban, Nitin
author_sort Boban, Nitin
building Nottingham Research Data Repository
collection Online Access
description Gamingdom is a new start up venture that provides online gaming service utilising the latest cloud computing technology. The high demand, popularity and exponential growth in the number of gaming enthusiasts and the market have brought about this innovative idea. This new venture aims to provide an easy method of gaming through the internet without heavy expenses on hardware and software and also minimising the existing high rate of piracy. A business model is an essential tool for building a successful new business and for any new innovative venture start up it is utmost necessary to have a proper business plan in hand before proceeding for its implementation. This paper looks into the best available methodologies and approach to provide value to the customer and how they can derive value out of the service. The development of a proper business model that looks into all the key components of a business like value proposition, target market, value chain, and methods of revenue generation was intended. An in-depth research was done to understand the difference between a business model and the strategic decisions of a company and how it applies to the business. The Representation of a business model is essential for the effective communication of the idea and for the clear understanding to the business stakeholder and investors and this paper looks into the different methods to represent a business model. Every coin has two sides; a clear understanding of the possible problems of a business model if not framed properly which could be lethal to the business was proactively assessed which would help to think about alternative solutions.
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spelling nottingham-237492018-01-21T08:31:35Z https://eprints.nottingham.ac.uk/23749/ Business Models for Start up Business Boban, Nitin Gamingdom is a new start up venture that provides online gaming service utilising the latest cloud computing technology. The high demand, popularity and exponential growth in the number of gaming enthusiasts and the market have brought about this innovative idea. This new venture aims to provide an easy method of gaming through the internet without heavy expenses on hardware and software and also minimising the existing high rate of piracy. A business model is an essential tool for building a successful new business and for any new innovative venture start up it is utmost necessary to have a proper business plan in hand before proceeding for its implementation. This paper looks into the best available methodologies and approach to provide value to the customer and how they can derive value out of the service. The development of a proper business model that looks into all the key components of a business like value proposition, target market, value chain, and methods of revenue generation was intended. An in-depth research was done to understand the difference between a business model and the strategic decisions of a company and how it applies to the business. The Representation of a business model is essential for the effective communication of the idea and for the clear understanding to the business stakeholder and investors and this paper looks into the different methods to represent a business model. Every coin has two sides; a clear understanding of the possible problems of a business model if not framed properly which could be lethal to the business was proactively assessed which would help to think about alternative solutions. 2010-09-09 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/23749/1/Business_Models_and_Start_up_Business_final_2.pdf Boban, Nitin (2010) Business Models for Start up Business. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Boban, Nitin
Business Models for Start up Business
title Business Models for Start up Business
title_full Business Models for Start up Business
title_fullStr Business Models for Start up Business
title_full_unstemmed Business Models for Start up Business
title_short Business Models for Start up Business
title_sort business models for start up business
url https://eprints.nottingham.ac.uk/23749/