You are going to prepare a Financial planning and forecast the result of 3 yearsin your business based on the Scenario shown at page 2 under Money. Below criteria u are going to meet:
Funding & Financial Projections:
– Create Investment appraisal, NPV or Payback methodto show feasibility of business.
– Prepare 3 years Income Statement / Balance Sheet to show our performance and position progressive over 3 years.
– Initial capital of $11,000. Need to show how we utilise this fund and how we obtain additional funding.
– Loan for bank or financial institution. Government’s grant like PIC or joint development with IDA, iSpring etc
– Target capital of $175,000to operate efficiently within regionally but more would be needed to go internationally.
– Justify our income and expenses. Breakeven analysis, cashflows etc
Scenario – BookFood
BookFood – Online Restaurant Booking
A group of you who are all ex-college friends regularly meet at the weekends for food and drinks and more often than not you end up not being able to eat in the place you want to. One evening when you are sitting at a restaurant table you begin to talk bout new businesses. The discussion quickly turns to the problem about finding a good restaurant table and before long you have started to plan out a business that wil
l change the way that people get the table they want. The idea of BookFood is born and you decide to start up the business without delay.
The group can put together about ₤11,000 from savings, and you think that this will allow you to come up with a simple website and a few initial restaurants that allow bookings. In order to scale the business regionally you think you will need to find somewhere in the region of ₤175,000, but much more if the business is to grow nationally and internationally. You think you will have to scale up quickly because others will copy you as soon as you hit the market.
BookFood will provide an online catalogue of restaurants that allow you to book tables at the restaurant online. The service will include a wide range of restaurants from the most recommended cordon bleu establishments down to the popular local Italian.
You all have some business experience but none of you have ever started up a business before. You have all worked in restaurants in your summer holidays but you know little about restaurant management. You have good friendships with t
he owners of the restaurants you frequent and you think that they will be very happy to advise you on the development of the approach.
Actions to date
You have sketched out a basic booking process and have tested the idea with a couple of local restaurants that are busy enough to accept bookings. A few friends have agreed to try out the service when it is ready for use. You have dome some initial research and found no similar product on the market.
You think the easiest market to enter will be the local restaurant market as you live in a reasonably large town. You also think that you will target the over 25s as they seem to have the most disposable income but this is not proven. You think that there is probably much more money to be made in the corporate marketplace but that that might have to wait until the business is a little more mature.
Why Choose Us
At Myhomeworkwriters.com, we always aim at 100% customer satisfaction. As such, we never compromise o the quality of our homework services. Our homework helpers ensure that they craft each paper carefully to match the requirements of the instruction form.
Professional Academic Writers
With Myhomeworkwriters.com, every student is guaranteed high-quality, professionally written papers. We ensure that we hire individuals with high academic qualifications who can maintain our quality policy. These writers undergo further training to sharpen their writing skills, making them more competent in writing academic papers.
Our company maintains a fair pricing system for all academic writing services to ensure affordability. Our pricing system generates quotations based on the properties of individual papers.
My Homework Writers guarantees all students of swift delivery of papers. We understand that time is an essential factor in the academic world. Therefore, we ensure that we deliver the paper on or before the agreed date to give students ample time for reviewing.
Myhomeworkwriters.com maintains a zero-plagiarism policy in all papers. As such, My Homework Writers professional academic writers ensure that they use the students’ instructions to deliver plagiarism-free papers. We are very keen on avoiding any chance of similarities with previous papers.
Customer Support 24/7
Our customer support works around the clock to provide students with assistance or guidance at any time of the day. Students can always communicate with us through our live chat system or our email and receive instant responses. Feel free to contact us via the Chat window or support email: email@example.com.
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
Our Homework Writing Services
My Homework Writers holds a reputation for being a platform that provides high-quality homework writing services. All you need to do is provide us with all the necessary requirements of the paper and wait for quality results.
At My Homework Writers, we have highly qualified academic gurus who will offer great assistance towards completing your essays. Our homework writing service providers are well-versed with all the aspects of developing high-quality and relevant essays.
Admission and Business Papers
With Myhomeworkwriters.com, we will help you secure a position at your desired institution. Our essay writing services include the crafting of admissions papers. We will still help you climb your career ladder by helping you write the official papers that will help you secure a job. We will guide you on how to write an outstanding portfolio or resume.
Editing and Proofreading
Myhomeworkwriters.com has a professional editorial team that will help you organize your paper, paraphrase it, and eliminate any possible mistakes. Also, we will help you check on plagiarism to ensure that your final paper posses quality and originality.
My Homework Writers harbors professional academic writers from diverse academic disciplines. As such, we can develop homework writing services in all academic areas. The simplicity or complexity of the paper does not affect the quality of homework writing services.