Knowledge Management System for Entrepreneur Business Model Selection

Nowadays, the information and communication technology (ICT) has become the
most important medium for business and entrepreneurship world of timely
information especially in commercial area. A computerized-based information
system plays a vital role inthe success ofan enterprise. It provides the information a
business needs for efficient operations, effective management and competitive
advantage easily and quickly. In this project, the author introduces the project
concepts that will focus onbusiness models selection for an entrepreneur to choose
and adopted the best and right business models that suits them a knowledge-based
scheme for facilitating their small and medium enterprises (SMEs). The project is
developed using the waterfall model of system development life cycle approach.
Waterfall model is one of the most popular incremental project development
methodologies. The development of the project conducted by sequence starting with
analysis, design, develop, test, and lastly implementation. The prototype covers the
presentation of static beneficial data and information required by the SMEs
entrepreneurs. The prototype developed has simplified the business by having
appropriate documents to publish the data. Eventhough, the prototype not fully
covered andcompleted all aspects of SMEs it is deem necessarily for the knowledge
and information for existed and future entrepreneurs. By using the prototype, it is
very beneficial for a future entrepreneur to have some kind of guidelines and
procedures from the references before starting opting for the best businesses to be
run. Finally, the author hopes thatthisproject will really be beneficial since it isway
to help the to-be entrepreneur to manage the skills and knowledge of its selected
business models.