Week 9
This week the team had many discussions on what we wanted our final business plan to look like. By this point we had already considered: - Non-profit business plan maintained by council. - Crowd funding - Offering advertising upfront to companies Non of which had proved successful. Disadvantages in non profit business plan. We had decided not to go with the non profitable business structure because it seemed like a project that will take a lot of man power to sustain and the effort that was put in over powered the reward it gave. Relying on grants, advertising payments, and the dragons contributions did not seem like a solid structure especially when it came to repayments for the dragons. It would also be difficult to take the app to other countries with the money we would make on grants alone. Consideration of profitable business plans. Use dragon's contributions to help cover development costs plus additional expenses for our labour as we aren't doing th...