What Is the Strongest Argument That Would Make Zipcar Appealing to Investors?
Autor: Joshua • May 29, 2018 • 1,074 Words (5 Pages) • 617 Views
...
However, in order to address this weakness to investors, Zipcar used postcard and its website to help promote the business and this method worked well somehow.
3. Requirement of high capital
Wireless system development costs Zipcar huge amount of money but it's still not perfect. Zipcar needs to huge amount of funding to support its business. For a startup company, raising millions of dollars seem impossible within a short period, even tho the founder has been constantly seeking for investors.
Convertible loans allow investors to have shares of the company, although it might harm the business in the long run, Zipcar addresses the weakness to investors by giving them more control power over the company.
2.
It's a cold morning and you realize that you will be late for school or work, Taxis are just way too expensive and any public transit will take at least one hour. You want to drive but you don't have a car or just really hate how expensive parking fee is. This really sounds like a terrible morning for you. But from now on, you don't have to struggle anymore. With the help of Zipcar, a revolutionary solution for people that struggle like you.
Over the past 6 month, Zipcar has helped 239 members solving their issues, providing them with the most convenient way of car sharing.
We are a rapidly growing company based in Boston. Just September alone, we had a total revenue of $14644.5, membership registrations jumped from 64 in August to 101 in September. and the numbers are still growing. By the end of next year, we are expecting a total revenue of $1,026,429 with a total membership registration of 648 members. By the end of our fifth-year operating, we are expecting a net income of $1,053,688 with a gross profit margin of 56.51%.
Zipcar is the future of car sharing service, we mean to provide everyone with the most convenient, cost saving, environmentally-friendly way to use a vehicle. So why hesitating investing in the future of car sharing?
...