Question 1 of 5: | | | Interview an entrepreneur. The entrepreneur could be the owner of the corner shop‚ a newspaper vendor‚ or your stockbroker. Collect information on how the selected entrepreneur has raised finance for the venture‚ either for starting a new business or expanding an existing business. Prepare a report evaluating the entrepreneur’s strategy for raising the finance from various sources and recommending what should have been done differently. Provide reasons for your recommendations
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1.1Company description Marsian is a full-service gentleman’s beauty salon dedicated to consistently providing world class men’s grooming services to our clients‚ high quality products while furnishing an enjoyable relaxing atmosphere at an acceptable price and value relationship. Name of the company: Marsian Contact: Elberel‚ General Director (munkhelberel@yahoo.com) Bolorchimeg Boldbaatar‚ Finance Director (shizuka_421@yahoo.com) Operation: Full-service men’s salon Location:
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at a cost they can afford and in such a way that they aren’t socially‚ economically‚ or politically isolated. NET cafe’s goal is to provide the community with a social‚ educational‚ entertaining‚ atmosphere for worldwide communication. This business plan is prepared to obtain financing in the amount of $24‚000. The supplemental financing is required to begin work on site preparation and modifications‚ equipment purchases‚ and to cover expenses in the first year of operations. Additional financing
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SWOT Analysis 6 3.2. Competitive analysis 8 3.3. Market segmentation 9 3.4. Target market 10 4. Marketing analysis 12 4.1. Pricing strategy 13 4.2. Marketing strategy 15 5.0. Strategy and implementation 17 5.1. Research action plan 17 6.0. Market forecast 18 7.0. Management 19 7.1. Management Team 20 8. Operations 22 9.0 Forecasting 23 9.1Start up summary 23 Table for start up 24 9.2. Sales forecast 25 9.3. Revenue forecast 26 9.4. Expenses forecast
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up Achieving success with professional business planning Starting-Up boek2 NV 16-06-2004 11:51 Pagina 2 Contents Authors Thomas Kubr Heinz Marchesi Daniel Ilar Herman Kienhuis McKinsey & Company‚ Inc. The Netherlands Amstel 344‚ 1017 AS Amsterdam The New Venture Business Plan Competition Preface Acknowledgements 4 7 9 About this manual 11 Part 1: Starting up a company - how companies grow 17 Part 2: The business idea concept and presentation Example:
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look suspicious? Explain A2.if we go to Robert Morris Associates Annual statement studies or Dun and Bradstreet’s Key Business ratios and compare the 12 ratios calculated for Eden’s Garden against businesses within this industry of a similar size (if we look under Nursery‚ and Lawn and Garden Supplies). Answers will vary depending on the year or edition used. Interpreting Business Ratios-- Ratios are useful yardsticks when measuring a small firm’s performance and can point out potential problems
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Store to Ecommerce is because you can change your business with the use of it. Here you will come to know the basic elements of e-commerce‚ the dissimilarities among traditional and electronic business (Meyer & Taylor‚ 2000). 1. Thoroughly identified the advantages and disadvantages of taking your small business online by performing a SWOT analysis; thoroughly included 2-4 items in each category. The main reason to have the clothing business on Ecommerce is because it has the biggest potential
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Exective Summary The new unit of our business is Automatic Car Wash system which is named as “CLASSICAL CAR CLEANERX” or “C.C.C” in the local market there are many car washers who are providing the car washing facilities but our speciality is that we are launching automatic car washing while the others in locality are providing manual car wash system which takes a huge amount of time. We made an agreement with the shall petrol pump to start this business as they have good will in the market and
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is having a ambition of business concept “Trash management through recycling” thus highlighting the concept of socioprenureship in the locality‚ G sector‚ the most thickly populated sector of Islamabad. A total of 159 Tons Waste/ Day has been generated by G sector only out of which 20 Tons of waste is recyclable. This recyclable trash has a worth of Rs.200‚ 000 (source Capital Development Authority‚ 2009). GreenMax is based on well planned recycling business‚ the idea is unique one because
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Elements of a Business Plan 1. Cover sheet 2. Executive summary (statement of the business purpose) 3. Table of contents 4. Body of the document A. Business 1. Description of business 2. Marketing 3. Competition 4. Operating procedures 5. Personnel 6. Business insurance B. Financial data 1. Loan applications 2. Capital equipment and supply list 3. Balance sheet 4. Breakeven analysis 5. Profit and loss statements 6. Three-year summary 7. Detail by month‚ first year 8. Detail by
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