HISTORY

Internet caf business is indeed a very popular business. It is one of the

establishments made indispensable in an increasingly interconnected world.
Internet caf was started with the opening of the first cyber caf, Caf 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.
CYBERKADAHAN INTERNET CAFE is name of a proposed business plan;
CYBER being related to computers and KADAHAN meaning a group of individual or
people who are closely bonded.
Type of Business Organization
Since the composed of five (5) ladies each one of 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 of partnership type of business we are establishing:
o Partnership is relatively easy to establish; however times should be invested in
developing the partnership agreement, in our case theres 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. Partnerships tend 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.
o Limited government interference. Like sole proprietorship are normally free of
extensive governmental scrutiny.
Cyberkadahan Internet Caf provides services that would give satisfaction to our
customer. Aside from computer rental that have reasonable hourly rates for internet
gaming, internet surfing or searching cd-burning, scanning, and colored printing
Proposed Location will be located at # 82 Samson Road Caloocan City, our prospective
customers are basically everybodystudents doing their projects or research and
gamers.
This business starts with the capital of P 700,000.00 Seven Hundred Thousand
Pesos contributed by each partner as follows: