Key Resources
The key resources of the story of us can be categorized into 4 assets: intellectual, technologies, human and financial.
The intellectual resources include copyrights, patent and licenses. Technologies are the cloud servers and storage, using it to host and store data for the application and make it accessible to users from the globe. Human resources are the application developers and user interface designer are valuable assets of a web-based application. The financial resource is donations.
Key Partners
The story of us concentrate efforts on establishing partnerships with a variety of organisations in different capacities, from delivering volunteers, providing support and source to help other organisations with shared aims. The potential organizations as our key partners would be Child Bereavement UK and Winston’s Wish.
Key Activities
The Key Activities of the story of us are things that make its business model work. The activities can be categorised into 3 parts which are production, problem-solving and platform. The production includes application development, user interface and workflow design and implementation of the server application and data storage. Problem-solving includes initial release, application testing, regular updates and bug fixes. The platform is related to develop and update the system and scaling it up as the user base grows.
Cost Structure
The major expenses of the story of us include research and development costs, capital costs, overhead costs, staff costs and support costs. The R&D costs mainly spent on innovation and testing. Capital costs are the physical resource like computers. For the overhead costs are hosting the application and storing data on cloud-based server, electricity and the processing time for testing application. Staff costs are related to hiring employees such as application developer, user interface designers. Support costs are related to handling customer feedback and keep satisfying our customer with our application.
Written by Ho Kam To
