small business enterprise
P1.1
PRODUCE A PROFILE OF AN SBE
Angel Mining plc –
Angel Mining is a company determined to grow, expand and manage its operations effectively. This business plan will provide information and step-by-step procedures to achieve those goals. This year for Angel Mining was undeniably better than 2011. Some of the improvements are –
Raising Funds that enabled a significant decline in net debts
Production and retrieval of gold from Nalunaq
Smooth operations at Black Angel
Business Overview
Angel Mining deals in gold, zinc, lead and silver the company have contracts in Greenland and Nalunaq where they are producing gold and then sending them to their refineries, there are some recommendations that can prove to be beneficial for the organisation. One recommendation for the firm would be to launch their retail outlet as they can supply their own products for a cheaper rate and sell on the highest asking.
Financial Overview
Presently, the organisation owes more than a $100,000 and is looking to raise more funds in order to repay on the next repayment date February 2013. This is because the trading profit only covers the operation costs at the mines and leaves less to be invested again in the business. In order to improve the company needs to achieve its objectives (New Minerals and Retail Outlet) by December 2014 or early 2015, which will help generate more revenue.
For this project the company needs to raise about $200,000 essentially with partner that has experience in other minerals/rocks and retail outlets for exceptional customer service and store settings. A joint venture is preferable with a 50-50 deal where the venture receives access to cheaper raw materials and high profits. In addition, at the finale of the project most venture sell their shares and look for other investments – Angel Mining can reduce their debts and plant their other source of income where they can generate profits every minute.
Vision Statement
To have a
PRODUCE A PROFILE OF AN SBE
Angel Mining plc –
Angel Mining is a company determined to grow, expand and manage its operations effectively. This business plan will provide information and step-by-step procedures to achieve those goals. This year for Angel Mining was undeniably better than 2011. Some of the improvements are –
Raising Funds that enabled a significant decline in net debts
Production and retrieval of gold from Nalunaq
Smooth operations at Black Angel
Business Overview
Angel Mining deals in gold, zinc, lead and silver the company have contracts in Greenland and Nalunaq where they are producing gold and then sending them to their refineries, there are some recommendations that can prove to be beneficial for the organisation. One recommendation for the firm would be to launch their retail outlet as they can supply their own products for a cheaper rate and sell on the highest asking.
Financial Overview
Presently, the organisation owes more than a $100,000 and is looking to raise more funds in order to repay on the next repayment date February 2013. This is because the trading profit only covers the operation costs at the mines and leaves less to be invested again in the business. In order to improve the company needs to achieve its objectives (New Minerals and Retail Outlet) by December 2014 or early 2015, which will help generate more revenue.
For this project the company needs to raise about $200,000 essentially with partner that has experience in other minerals/rocks and retail outlets for exceptional customer service and store settings. A joint venture is preferable with a 50-50 deal where the venture receives access to cheaper raw materials and high profits. In addition, at the finale of the project most venture sell their shares and look for other investments – Angel Mining can reduce their debts and plant their other source of income where they can generate profits every minute.
Vision Statement
To have a