• Join over 1.2 million students every month
• Accelerate your learning by 29%
• Unlimited access from just £6.99 per month
Page
1. 1
1
2. 2
2
3. 3
3

Extracts from this document...

Introduction

Middle

*All above figures are estimates. The estimated costs above for setting up the business result in having an estimated �18,000 left over from the total �60,000 investment. This can then be used to buy more stock when required, advertising, hiring staff etc. The stock will be mainly supplied directly from a food wholesaler. m) Premises and Equipment: The location of the restaurant will be in a retail store situated in the high street of Epsom in Surrey. The restaurant will have machinery such as cash registers, smoke alarms, microwaves, stoves, gas cookers, knives, forks etc. Most of the equipment will not need to be the latest and most expensive devices as the restaurant involved will only be a small one. n) Profit: All the profit will go to the owner and businessperson Liam Sumessur. The estimated cost of setting up the business is around �42,000. ...read more.

Conclusion

will be made monthly. p) Finance: The businessperson Liam Sumessur will provide �5,000 of his own cash as an investment into his business. He will also take out of bank loan of sum �50,000 for business investment. Money will be needed for many aspects of the business as stated below: Shop Rental: �1250 (�15,000 p.a.) Rates: �250 (�3,000 p.a.) Refurbishment: �25,000 Stock: �20,000 Total: �42,000 Left: �18,000 *All above figures are estimates. With the money left over staff can be hired, cooking equipment for the restaurant can be bought, the business can be advertised, more stock can be bought, the company might go private(with the help of profit earned from the business - �50,000 will be needed and money from friends and family). As the bank loan is of �50,000, and the estimated cash income per month is �3,000, it would take about 17 months to pay back the loan (assuming all income went towards paying the loan). ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level ICT in Business section.

## Found what you're looking for?

• Start learning 29% faster today
• 150,000+ documents available
• Just £6.99 a month

Not the one? Search for your essay title...
• Join over 1.2 million students every month
• Accelerate your learning by 29%
• Unlimited access from just £6.99 per month

# Related AS and A Level ICT in Business essays

1. ## Business Aims and Objectives.

* Consumers may prefer to buy cheaper imports rather than more expensive home produce goods. If sales fall because of the price, the business may have to reduce production and lay off staff. Therefore it is important for a country to have a stable and predictable economy and the government will act to try to achieve this.

2. ## business plan and organise event

By asking the questionnaires in a polite manner, I found the best possible accurate results. I was able to find out the relevant answers for my market research. Because if one of the people I asked the questionnaire to wanted to lie, they could have done so.

1. ## My business idea is to open a fish and chip shop.

I have after careful consideration decided to deliver my products of value of �15 or over to customer in the radius of 3 miles to do this I will have to purchase a vehicle preferably a second hand van. By doing so people who cannot reach my facilities can still purchase food and I will benefit from increased sales.

The program runs efficiently and the cost is free. The updates are regular and do not take long to download and install. While on the internet the program notifies you of any attempts to access your computer. This feature lets the user see that the application is working and stopping intrusions.

1. ## &amp;quot;Negotiating with Chinese&amp;quot;

Informal Discussion Initial and informal discussions with Chinese organizations often occur directly after making presentations. At this early stage, the Chinese are already interested in special things like technology and price. Trust Building or "guanxi" The Chinese attach great importance to trust building in business negotiations.

2. ## DIV Competence Center - Strategic Marketing Plan / Business Plan

Huge pressure was there to improve productivity and efficiency in the supply chain. So in 2001 Sainsbury started with the implementation of a newly designed and developed Supply Chain. Sainsbury's objective in 2000 with the implementation of the modification of their Supply Chain: "Reduce overall cost base by \$700 million in three years (7-in-3)

1. ## Business Report on Manchester Airport PLC.

Its vision includes working with others. This means its customers, service partners and employees. It also means the local community, as well as regional bodies and national bodies that have an interest in what it does. It will also work in partnership with other companies and organisations, where appropriate, and where there is added value to be gained.

2. ## The Douglass Caf&amp;amp;eacute; on the loss prevention plan.

Although theft can occur within any department, managers compose the largest group of thieves due to their control of cash operations. The Douglass Caf� suffered over \$250,000 dollars in losses in the past year in comparison with Rite Aid who reported that 46 percent-\$14.9 billion-of their losses were caused by

• Over 160,000 pieces
of student written work
• Annotated by
experienced teachers
• Ideas and feedback to