Collin’s Car Parking System: Business Model Analysis Report

This report provides a comprehensive analysis of Collin’s car parking system, addressing the problem statement of inefficient parking solutions in urban areas. It details the system's capabilities, including online booking, RFID technology integration, and mobile applications for enhanced customer experience. The report highlights the benefits, such as time-saving services, stringent security measures, and ease of use. A stakeholder map is presented, identifying key internal and external stakeholders. The required resources for the business, including infrastructure, software maintenance, and marketing, are outlined. The report also assesses the feasibility of the business, considering potential risks such as natural calamities, land price hikes, and system failures, while also acknowledging the limitations, such as the lack of public transport parking. Finally, the report includes a list of relevant references.