Consider the profile of an online business startup 'The Intern'. Business Idea- Create an online community...

 

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Consider the profile of an online business startup 'The Intern'. Business Idea- Create an online community that links Interns (students from colleges and universities) with entrepreneurial startups and non-profit organizations Business Pitch- internships can help students prepare for professional careers through mentorship and on-the-job training. It may lead to permanent employment of the students just after graduation. Nearly 250,000 students are enrolled in colleges and universities which makes the job market highly competitive. This increases the need of prior training for students before they graduate. Till now, there is no company providing such service apart from websites like www.rozee.pk that partially takes care of this need both from companies' and students' perspective. Sustainability. The Intern will be offering services to the students for free but would charge an annual subscription fee from the companies. Also, the startup company wants to earn revenue through ads on their websites and their social media channels on www.youtube.com and www.facebook.com. The company also runs a technical blog where companies and professional along with the students can share their experiences. This blogging website also can generate revenue through ads. Investment & Expenses. The founder of the company bootstrapped in the first two years. He managed to develop the platform and successfully run it with a team of 03 software engineers and a marketing team of 05 persons. The founder spent at an average USD 400/- per person per month which includes HR cost as well as utilities and any other expenses. The platform has been using Amazon Cloud services since from the start and spending USD 300/- per month. After two years of bootstrapping, the startup is offered 1 Million USD investment by an angel investment firm. The Exit Offer- Right after the first Investment is raised, the platform is offered 100% acquisition by its competitor www.rozee.pk Prepare the Business Model Canvas of this startup company. Consider the profile of an online business startup 'The Intern'. Business Idea- Create an online community that links Interns (students from colleges and universities) with entrepreneurial startups and non-profit organizations Business Pitch- internships can help students prepare for professional careers through mentorship and on-the-job training. It may lead to permanent employment of the students just after graduation. Nearly 250,000 students are enrolled in colleges and universities which makes the job market highly competitive. This increases the need of prior training for students before they graduate. Till now, there is no company providing such service apart from websites like www.rozee.pk that partially takes care of this need both from companies' and students' perspective. Sustainability. The Intern will be offering services to the students for free but would charge an annual subscription fee from the companies. Also, the startup company wants to earn revenue through ads on their websites and their social media channels on www.youtube.com and www.facebook.com. The company also runs a technical blog where companies and professional along with the students can share their experiences. This blogging website also can generate revenue through ads. Investment & Expenses. The founder of the company bootstrapped in the first two years. He managed to develop the platform and successfully run it with a team of 03 software engineers and a marketing team of 05 persons. The founder spent at an average USD 400/- per person per month which includes HR cost as well as utilities and any other expenses. The platform has been using Amazon Cloud services since from the start and spending USD 300/- per month. After two years of bootstrapping, the startup is offered 1 Million USD investment by an angel investment firm. The Exit Offer- Right after the first Investment is raised, the platform is offered 100% acquisition by its competitor www.rozee.pk Prepare the Business Model Canvas of this startup company. Consider the profile of an online business startup 'The Intern'. Business Idea- Create an online community that links Interns (students from colleges and universities) with entrepreneurial startups and non-profit organizations Business Pitch- internships can help students prepare for professional careers through mentorship and on-the-job training. It may lead to permanent employment of the students just after graduation. Nearly 250,000 students are enrolled in colleges and universities which makes the job market highly competitive. This increases the need of prior training for students before they graduate. Till now, there is no company providing such service apart from websites like www.rozee.pk that partially takes care of this need both from companies' and students' perspective. Sustainability. The Intern will be offering services to the students for free but would charge an annual subscription fee from the companies. Also, the startup company wants to earn revenue through ads on their websites and their social media channels on www.youtube.com and www.facebook.com. The company also runs a technical blog where companies and professional along with the students can share their experiences. This blogging website also can generate revenue through ads. Investment & Expenses. The founder of the company bootstrapped in the first two years. He managed to develop the platform and successfully run it with a team of 03 software engineers and a marketing team of 05 persons. The founder spent at an average USD 400/- per person per month which includes HR cost as well as utilities and any other expenses. The platform has been using Amazon Cloud services since from the start and spending USD 300/- per month. After two years of bootstrapping, the startup is offered 1 Million USD investment by an angel investment firm. The Exit Offer- Right after the first Investment is raised, the platform is offered 100% acquisition by its competitor www.rozee.pk Prepare the Business Model Canvas of this startup company. Consider the profile of an online business startup 'The Intern'. Business Idea- Create an online community that links Interns (students from colleges and universities) with entrepreneurial startups and non-profit organizations Business Pitch- internships can help students prepare for professional careers through mentorship and on-the-job training. It may lead to permanent employment of the students just after graduation. Nearly 250,000 students are enrolled in colleges and universities which makes the job market highly competitive. This increases the need of prior training for students before they graduate. Till now, there is no company providing such service apart from websites like www.rozee.pk that partially takes care of this need both from companies' and students' perspective. Sustainability. The Intern will be offering services to the students for free but would charge an annual subscription fee from the companies. Also, the startup company wants to earn revenue through ads on their websites and their social media channels on www.youtube.com and www.facebook.com. The company also runs a technical blog where companies and professional along with the students can share their experiences. This blogging website also can generate revenue through ads. Investment & Expenses. The founder of the company bootstrapped in the first two years. He managed to develop the platform and successfully run it with a team of 03 software engineers and a marketing team of 05 persons. The founder spent at an average USD 400/- per person per month which includes HR cost as well as utilities and any other expenses. The platform has been using Amazon Cloud services since from the start and spending USD 300/- per month. After two years of bootstrapping, the startup is offered 1 Million USD investment by an angel investment firm. The Exit Offer- Right after the first Investment is raised, the platform is offered 100% acquisition by its competitor www.rozee.pk Prepare the Business Model Canvas of this startup company.

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Business Model Canvas of The Intern imagehttpsiimgurcomfz4W3Rhpng Key Partners Entrepreneurial start... View the full answer