business plan unit
"The People's Catering Co." Business Plan Jake Schober Contents: Page # Contents of page 3-5 Introduction 6-8 Aims and Objectives 9 Stakeholders 0-11 Legal Form 2-13 Personal Statement 4-18 Market Research 9-23 Market Research Analysis 24-26 Competition Analysis 27-29 Marketing Plan 30 Human Resources 31 Physical Resources 32-33 Quality 34-37 Financial Resources 38-43 Costs 44 Cash flow analysis 45 Profit and loss analysis/explanation 46-48 ICT Introduction The business that will be starting is a catering business. The business will be called "The People's Catering Co." The business will be located in a villa near Salwa Road. This is because the company can rent out a villa with a big kitchen and will be able to produce more food for the catering. The reason why I have chosen this area near Salwa road is because it is an inexpensive area and is close to the main residential areas of Qatar. Also it is a reasonably accessible area. It is an ideal location for a business because a lot of businesses are located in this area. Therefore people will come into this area. It is a main connecting road in the centre of Doha and is a main highway. The catering business will produce foods for all social occasions, such as buffet's, customer required foods to order, delicacies and other foods that are required for catering. There will be some
Sainsbury's Ratio Analysis
BTEC National Certificate in Business (e-Business) Unit 2 - Investigating Business Resources (Assignment Three) Task (P5 / P6) Sainsbury's - Ratio Analysis 2006 (£m) 2007 (£m) Sales 6,061 7,151 Cost of Sales 4,994 5,979 Net Profit 04 477 Gross Profit ,067 ,172 Current Assets 3,820 ,915 Current Liabilities 4,810 2,721 Stock 576 590 Average Stock 568 583 Debtors ---- ---- Creditors 2,094 2,267 Fixed Assets + Net Current Assets 2,747 9,576 Calculations Ratio Analysis 2006 2007 Profitability Gross Profit percentage of Sales = Gross Profit for year x 100 Sales for year ,067 x 100 6,061 = 6.6% ,172 x 100 7,151 = 6.8% Net Profit percentage of Sales = Net Profit for Year x 100 Sales for Year 04 x 100 6,061 = 0.6% 477 x 100 7,151 = 2.8% ROCE (Return on Capital Employed) = Net Profit for Year before interest rate and Tax x 100 Fixed + net Current Assets 04 x 100 2,747 = 0.8% 477 x 100 9,576 = 5.0% Liquidity Current Ratio = Current Assets Current Liabilities 3,820 4,810 = 0.8:1 ,915 2,721 = 0.7:1 Acid test Ratio/Liquidity Ratio Current Assets - Stock Current Liabilities 3,820 - 576 4810 = 0.7:1 ,915 - 590 2721 = 0.5:1 Efficiency/Working Capital Management Stock Turn over = Average Stock x 365 Cost of Goods Sold 568 x 365 4,994 = 14 Days 583 x 365 5,979 = 13 Days Debtors Collection
In this assignment I will be explaining in detail the importance of cash flow, working capital, costs, budgets and breakeven in selected business and also why it is used in selected businesses.
Introduction In this assignment I will be explaining in detail the importance of cash flow, working capital, costs, budgets and breakeven in selected business and also why it is used in selected businesses. In addition all of these factors will help my client make her final decision. Task 1 Cash flow Cash flow is the amount of money that is being spent or received by a business over a period of time. The extent of the cash flow can be used to measure several things such as: Evaluating the performance of a business Determine problems with liquidity To generate projects Returns on the ratio of money gained or lost on an investment relative to the amount of money invested. Examine the growth of a business. Cash flow can be classified into different categories Operational Cash flow - This is the cash received or cash outgoing as a result of the business activity. Investment Cash flow - This is cash that has been received or spent due to investment. Financing Cash flow - This is cash received or expended as a result of financial activities, such as receiving or paying loans, issuing or repurchasing stock, and paying dividends. For Cadbury Schweppes cash acts as their lifeline, it is the one aspect that allows the business to survive. The amount of cash that Cadbury Schweppes throws away shows how healthy it is. In order for Cadburys to have the best possible chance
Sources of Finance available to Joseph Chamberlain Sixth Form College.
Task 4 (P3) Sources of Finance available to Joseph Chamberlain Sixth Form College There are two types of sources of finances namely internal sources and external sources. Internal sources of finance can be from savings or profits however external sources of finance can be from outside the business such as banks, shares etc There are many different sources of finance available generally however it depends on the actual business type. For JCC the sources of finance available to them are as follows: * Banks - banks are able to offer loans, business accounts, commercial mortgages and overdraft facilities based on the business plan. Interest is payable based on the predicted risk. Some security will need to be provided, e.g. assets such as a college premises, college mini bus and any valuable item which is worth more than the loan. JCC may take this loan in for its finance for the use of buying premises. * Hire purchase - hire purchase means that resources can be used by the business while they are being paid for. Until the last payment is made on the agreement the goods are not owned by the business and if payments are not made the finance company can take them back. JCC might use this for purchasing its resources such as computers. * Overdraft - an arrangement with the bank where a business will be able to borrow more money from its bank than is actually in their account.
For this task am going to explain the purpose of accounting in a business organisation.
Nassima Bouchelkia BND Business year1 ID NO, 317357 tutor, M Hamilton Unit 5, introduction to accounting P1) Introduction, For this task am going to explain the purpose of accounting in a business organisation. Accounting, Accounting is a process of identifying the business financial information, it also relates to keeping all financial records and transactions that relates to an organisation. It also known as measuring and interpreting the business economic information. Accounting used to indentify and represent the information to the internal users such as employees and management and external users such as the government and investors. The purpose of accounting, The purpose of accounting to an organisation is that it provides financial statements for the internal and external users which are used for different purposes such as making decisions. Accounting also used as guide to monitor the business income and expenditure. Additionally is also used to manage cash flow forecast that indicates to the business their current financial situation which will help that business to plan for the future Accounting comprises from two stages which are, Financial accounting, it relates to recording day t day transactions by using double entry bookkeeping. The financial accounting makes the entries in an account which know as
Identifying and evaluating two proposed projects for Camerons Balloons - discuss the suitability of investment appraisal methods which are used and analysed on estimated cash flows.
Business studies Unit 11c Introduction In this report I will be identifying and evaluating on two proposed projects for Cameron's Balloons and I will discuss the suitability of investment appraisal methods which are used and analysed on estimated cash flows. Cameron's Balloons is the world's largest manufacturer of hot-air balloons, special-shaped balloons and hot-air airships. Cameron Balloons excels in all aspects of fabric technology from medical products, to fabric structures and inflatable buildings. Investment Appraisal is a technique with several methods which answers if an investment project is worthwhile or not. There are various types of investment appraisal methods and they are as follows: * Payback Period * Accounting Rate of Return (ARR) * Internal Rate of Return (IRR) * Profitability Index Net Present Value (discounted cash flow Companies invest because this will increase their productive capacity. Businesses buy equipment, machinery and buildings to increase their capacity which then means that businesses can meet demands which will generate their sales value and investment will also raise their efficiency and productivity. Cameron Balloons are trying to maintain as productive as possible by repeatedly re-assessing. Cameron Balloons are assessing whether an investment should be made in new production technologies. In
DIvidend Policies and Financing
.0 Introduction Dividend policy refers to the decision made by the company whether to retain the profits within the company, or they pay out the profits to the owners of the organization in the form of dividends (Garrison 2008). Once the company decides on whether to pay dividends, they may establish a somewhat permanent dividend policy, which may in turn impact on investors and perceptions of the company in the financial markets (Garrison 2008). What they decide depends on the situation of the company now and in the future. It also depends on the preferences of investors and potential investors (Garrison 2008). When deciding on the dividend policy, several factors such as legal constraints, contractual constraints, internal constraints, growth prospect, owner's considerations and market considerations have to be taken into account. Considerations taken into account can be incorporated in several dividend theories such as the residual theory of dividends, the clientele theory, the signalling dividend theory, the bird-in-the-hand theory and Modigliani and miller dividend theory. Manufacturing overseas can reduce costs due to its cheap labour costs but there are other considerations that have to be taken into account. There are pros and cons for manufacturing at overseas. Company's capital structure refers to the way a corporation finances its assets through some
Liability to capital gains tax (CGT)
Liability to capital gains tax (CGT) CGT is charged on net gains, i.e. total chargeable gains realised during a tax year after deducting total allowable losses realised in the year. Companies are subject to corporation tax on chargeable gains calculated according to modified CGT rules. Disposal of assets CGT can only arise on the disposal of an asset. Normally this means sale, but it could also mean gift or compensation for loss or damage to an asset. * The value on which the gain (or loss) is based is normally the consideration received. However, on gifts and certain sales, the open market value is used instead. * No CGT is payable on death. The beneficiaries of a deceased person's estate are treated as if they had acquired the assets of the deceased at their market value on death. Deductions Certain costs are allowable in computing chargeable gains: * The acquisition cost or market value on 31 March 1982 (if the asset was acquired before that date). * Costs of acquiring and disposing of the asset. * Expenditure on enhancing the asset's value. * Indexation allowance (see Capital Gains Tax: Indexation allowance). Losses Losses brought forward from previous tax years can offset gains. For individual taxpayers, such losses do not reduce net gains below £8,200, so the annual exemption is not wasted. (See Corporation Tax: Capital gains by companies.) Rate
Assignment 4: ethical issues. The community. P4 and M3
Terms of reference: In this assignment am going to continue describing the ethical issues within Primark and organisations in general. However in this assignment I will be describing the ethical issues concerning the community. I will also write a recommendation section which highlights how businesses like Primark are required to operate ethically within the community. Procedure: In order to complete this assignment, I am going to use the business book to collect information concerning the ethical issues that may occur in the community. I will also use the Primark Website to look for any information regarding the community. Introduction: Businesses have come to a point where they have realised that the community expects great performances from the business. They would like the business to contribute and anticipate in supporting the community by providing high quality of goods and services. By referring to the community we mean the local community, national and regional communities and the global communities. The community expects Primark to ethically attract the investors and the stakeholders to buy the products. This can be done by sponsoring specific workplace projects such as fashion shows for instance. Different communities have Different expectations for example: Local communities: The local community refers to the people who are surrounded by the
This report is about the critical view of the organization as presented in Hines article and Gaffikin.
Executive summary This report is about the critical view of the organization as presented in Hines article and Gaffikin. It summarizes the realistic approach towards an organization and how the accountants present a picture of it. There is a difference between the realistic approach and the constructional approach. Realistic view can be defined as realistic view of reality that pre existed. Constructionist view can be defined as the view of the reality that is constructed by society itself rather than the pre existed (Chua, 1986) Introduction In today's world what we see as an organization is a complex and refined version of a company which requires to raise capital in order to perform its operations in a broad perspective, from people who may or may not be a part of that company or the management. With the extensive amount of capital required for ventures, companies try to attract investors by a promise to share the profits among those who invest or what we call shareholders. At the same time they need to create a certain level of confidence among the shareholders for the security and proper usage of their investments. This is done by keeping record of all the transactions that occur during a certain time period, the actions taken by management which leads to the gains and loss of revenue and last but not the least by doing a periodic independent investigation of the