Describe a platform business plan for a new travel, tourism, hospitality, or culinary arts business.

Services and products that bring together groups of users in networks are called platforms.
Platforms are the tools and rules that facilitate the two groups transactions.

By building a digital platform business, businesses can connect with other business enterprises, or contact directly with consumers, and, therefore, co-create value.

Describe a platform business plan for a new travel, tourism, hospitality, or
culinary arts business.

Description of product or services

Competition for platform product or services

Mission Statement

Value Proposition- does service or product create value?

Plan for providers and users to plug into the platform to share and transact- Example:

YouTube provides a digital infrastructure for the users to enable them to create videos.

Plan to attract participants to the platform business

Social media usage and protocols

Plan to make it easy for providers and users to plug into the platform business

S.W.O.T. analysis

Technology incorporated into product or service

Funding for your start-up company. Examples: Platform funding company such as

GUST or Kickstarter

Paper should be submitted as an essay and powerpoint format. Please work extra hard on MISSION STATEMENT and SWOT ANALYSIS.

HINT: BUSINESS PLATFORM ALREADY STARTED CREATING, YOU HAVE TO COMPLETE THE WORK FOLLOWING THE INSTRUCTIONS GIVEN. BUSINESS PLATFORM IS A SITE WHERE YOU CAN FIND THE PERSON TO ACCOMPANY YOU TO A PLACE/EVENT WHEN YOU’RE TRAVELING ALONE (KIND OF RENT-A-FRIEND)

Please make your writing clear and detailed, not general or vague. When quoting someone use proper citations. Extenuating answers do not express comprehensive view. Be very clear and specific. Make full answers, and describe all your answers on point.

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