Economic Environment December 2010–January 2011 The RMA Journal Wedding Bells Are Ringing ••After a downturn caused by a troubled economy and fewer marriages‚ wedding-related businesses are on the rebound. LiquidLibrary‚ Hemera/THinksTock by Toon van beeck and GeorGe van Horn While not an industry in itself‚ the wedding business is a key revenue contributor to a diverse mix of local busi- nesses. Weddings are customized‚ and therefore not prone to efficiency‚ and they often occur
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WEDDING PLANNER CHECKLIST Sixteen to Nine Months Before Start a wedding folder or binder. Tear out pages that inspire you from bridal‚ lifestyle‚ fashion‚ design‚ and food magazines. Work out your budget. Determine your wedding party. Settle on a head count. Hire a planner‚ if desired. Book your date and venues Book your officiant. Research photographers‚ bands‚ florists‚ and caterers. Put the names of vendors and their contact information in a master contact list
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SWOT Analysis The following SWOT analysis is for a Circle the Date wedding planning. The business will be located in The firm will operate primarily operate in t. The firm will plan the entire wedding including catering‚ cakes and all other aspects of the wedding. Customers who choose to get married according to there traditions will be able to plan the wedding with Circle the Date. Strengths: 1.Low Profile Industry: Industry is not viewed as competitive one. Being a virgin industry‚ this
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About MY Wedding Planner Malaysia - Your Dream Wedding Maker MY Wedding Planner Sdn Bhd (previously known as Fabulous Wedding Wonders) was formed in 2005. With many years of experiences in wedding planning‚ Fabulous Wedding Wonders is preparing to serve their clients better. This is why MY Wedding Planner Sdn Bhd is born. MY Wedding Planner Sdn Bhd is a wedding planner company in Malaysia providing wedding planning and consultation services in Malaysia. Having actively planned weddings for couples
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Rationale of the Study According to Toon van Beeck and George Van Horn (senior analysts in IBISWorld)‚ the wedding business is a key revenue contributor to a diverse mix of local businesses. Weddings are customized‚ and therefore not prone to efficiency‚ and they often occur on an irregular timeline. In the face of rising demands for wedding planners‚ it is important to investigate one of the wedding businesses here in our country. While businesses normally experiences threats‚ the study was conducted
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described money flow as the extent at which money flows into in an organisation‚ usually made from effective spending and financing activities. The components of cash flow must be evident on a planner so that it will be understood easily on how it occurred exactly. According to Donaldson & Gerard (2005)‚ he stated that if cash is not observed carefully‚ the return which might have been planned might not be recognized by the organisation. So therefore‚ one needs to have the facts of how cash flows and integrate
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Cash Flow OMM 622: Financial Decision-Making Instructor: Felix Lao September 30‚ 2013 The first thing any accountant looks for with a company financial is the bottom line. It is operating in the positive or negative and how much work will need to be done if it is not positive. Cash flow reflects how much cash is generated from the products and services sold by a company. Cash flow calculations involve making adjustments to net income by adding and subtracting the
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I. For each of the years on the Statement of Cash Flows: Major sources of cash in 1990 were investing activities‚ Major Sources of cash in 1989 were financing activities 1. What were the firm ’s major sources of cash? Its Major sources of cash were provided by operating major uses of cash? activities. ( Cash provided by investing activities in 1991 followed by operating activities. Major uses of cash (operating activities also were sources of cash)‚ while was much less than operating activities
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Statement of Cash Flows Preview of Chapter Usefulness and Format Usefulness of the Statement of Cash Flows Provides information to help assess: 1. Entity’s ability to generate future cash flows. 2. Entity’s ability to pay dividends and obligations. 3. Reasons for difference between net income and net cash provided (used) by operating activities. 4. Cash investing and financing transactions during the period. SO 1 Indicate the usefulness of the statement of cash flows. Usefulness
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information does the cash flow statement provide that you cannot see in the other financial statements (income statement‚ balance sheet‚ owner’s equity)? What elements of the cash flow statement do you think are most important for company management to monitor and why? Is this different for investors? The cash flow statement reports a company’s inflow and outflow of cash. While an income statement provides the information about whether or not a company made a profit‚ a cash flow statement can tell
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