She also dealt with the in-car technology and related issues. Chase, on the other hand, knows much more about business and finance, so she has focused on securing financing, creating the business plan, giving presentations, and getting a secure footing under the company. This work has paid off, and the venture appears as though it will be successful if the financing comes through and investors sign on to the project.
Financing for ZipCar can be raised by getting larger investors on board. $50,000 was provided by an investor in the early days, but much more was needed. That was the reason behind Chase's desire to go to conferences and other events where she could make presentations and work toward getting more investors interested in the ZipCar idea. Chase moved quickly, too, because she was so encouraged by others who were convinced the idea was a winner. That gave her the confidence to explore financing options and show others what her idea would have to offer for people who needed an occasional car for a few hours.
Overall, ZipCar is a good entrepreneurial...
Scott Griffith, the brains behind Zipcar. Zipcar is a company that is engaged, basically, in the automobile rental business. The premise is that people join Zipcar, giving it membership-based revenue, and then they pay when they want to use the car. Zipcars are located in neighborhoods, so that people can walk to the nearest car after they have booked it, and just take it. The target market for Zipcar
political scenario illustrated that governments all over the globe are making their immigration rules more stringent because of the rise in terrorism; the implication of this phenomenon is a decrease in international traveling, which endangers continuance of a number of airlines, including Nigeria's Arik Air (Eze, 2010). Hofstede's power distance dimension denotes the degree to which unequal distribution of power is anticipated and accepted by the lower ranking members
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now