Hospitality

Hospitality
Proof of Business Concept Purpose and structure of outline feasibility Learning Outcome At the end of this learning resource, students will recognise
the purpose of the outline feasibility in proving the business concept and begin to consider the likely structure and content of their own study. The
outline feasibility study Purpose of the Study When starting a new venture you will almost certainly need to prepare a Business Plan. However there is
little point in investing days and days of effort in preparing a full plan, without first clarifying your thinking. Undertaking some initial feasibility
activities will help you assess whether the idea has sufficient potential to warrant the investment of your further... Show more content on
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Identify both direct and indirect competition. Perhaps including a short description of key features and weaknesses compared to your new venture.
Their current level of business. What barriers to entry exist and how will these be overcome in your case? Target Market Describe the target
customer segments, try and quantify their numbers and characteristics. How will they benefit? Why should they buy and when? Why do they want
it as opposed to you thinking they need it? How will the venture communicate with them? Business Model and key Operational Features B2B or
direct to consumer? What products and services will be supplied? How will they be designed, produced and delivered to the market? How will
revenue be generated? What is the basis of the production or service provision system? What are any key premise requirements re location, style and
condition and size? What are the key equipment needs? Who are the key suppliers? Are they willing to supply? At what cost and what are their terms
of trade? Key quality determinants? Regulatory and Environmental Issues What are the key permissions that will be required to start trading? What
will the key ongoing regulatory constraints be? Financial Projections Produce a simplified P& L. Base revenue projections on specific unit purchase
assumptions e.g. value of contract for services, price of dishes on menu, price of
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International Economics And Trade On My Sophomore Year
One of the most important decisions I have made is transferring my major to International Economics and Trade in my sophomore year. From then on,
I find my potential to be a quick learner. In my new field study, I had to adapt to the brand–new subject in a short time. Although my foundation was
weaker than my classmates, I studied more profession courses than them, about 25 hours per week. Besides, I paid more attention to business practice
and spent an extra 18 hours on extra–curricular activities every week. It was under this circumstance that I completed all the required courses within
two years, which took my classmates three years; the final GPA was 3.2, which ranked top 22% in the class, and my annual GPA kept increasing to
3.7 in my... Show more content on Helpwriting.net ...
Second, I also learnt how to bring forward innovation and put it into practice. Through inviting experts to teach farmers breed bees, we helped
beekeepers adopt the new technique to achieve mass production, successfully developing a new product– honey comb that could make a higher profit.
Last, this experience also taught me how to utilize core competence. As students who were for public benefit, we easily won more support from the
society, which facilitated many business cooperation chances for farmers. Fortunately, based on the model and outcome of project, our team won
runner–up out of 200 prestigious universities in the Enactus National Competition in 2015. At that time, I was sure that entrepreneurship was all about
catching the opportunity, taking action and pursuing success. What further honed my entrepreneurship was my following entrepreneurial experience.
After evaluating the honey comb, I found a market opportunity: there were more targeted customers and fewer competitors; besides, the profit margin
of honey comb is 30% higher than that of honey. Consequently, I co–founded a honey product brand, Chasing Man, with three other partners. We
improved the product by giving up plastic that was widely used as the pack of honey comb, and by pouring 60% of the money into bamboo–made
pack that had

Essay about Homework
1–21: Evaluate how Foursquare fits Schumpeter's definition and the five basic ways entrepreneurs find opportunities to create new businesses.
Foursquare fits Schumpeter's definition in the fact Crowley and Selvadurai took their experience and knowledge of the technology field and
exploited an invention in producing a new commodity or producing an old one in a new way. In the creation of Foursquare, Crowley and Selvadurai
basically followed Schumpeter's basic ways that entrepreneurs find opportunity to create a new business. They used a new technology to produce a
new products such as Dodgeball. They used existing technology to produce a new product. Crowley and Selvadurai used existing technology to
produce an old product in a new ... Show more content on Helpwriting.net ...
1–24: What prepared the founders to create Foursquare?
Both founders had prior experience in the technology field. The prior companies that Crowley and Selvadurai worked at were closely related to the
same business that Foursquare is today.
1–25: What gaps in the founder's team and resources needed to be filled by outside sources? Name four specific resources they acquired.
Gaps that needed to be filled were sufficient funding for launching the app, they needed four different venture capital installments to get the project off
the ground, talent was mostly there in the beginning and the founder experience helped them recognize the talent they needed. There was also a period
of retailer fatigue.
1–26: Identify the features and benefits the founders included in the app to ensure its popularity. Why were these selected?
One of the biggest benefits and features of Foursquare is that it is a mobile app and easily accessible from any mobile device. Crowley and
Salvadaurai thought it would be a good idea to build incentives into the app which would potentially increase usage and improve the user's experience.
One incentive was to award virtual badges for the number or variety of check–ins to particular locations visited. Users were also able to receive
discounts and incentives from advertisers when they check–in such as free items. Crowley and Salvadaurai also designed the

North Face
Sally Chin Monique Harper Marmeline Petion Eric Yaker
Advanced Financial Analysis Final Group Project The North Face, Inc. December 5, 1999
Table of Content
SECTION I
Industry Analysis
Overview Industry Trends Competitive Landscape
3
3 4 5
SECTION II
Company Analysis
Background Strategy–SWOT Analysis Strategy–Porter's Five Forces 6 6 7 9
SECTION III
Accounting Analysis
Cash Flow Analysis Quality of Earnings Earnings Manipulation 10 10 10 11
SECTION IV
Financial Analysis
Dupont Decomposition DCF Assumptions WACC Calculation DCF Results Multiples EBO Valuation Dupont Decomposition 12 12 12 13 13 13 14 14
SECTION V
Conclusion
14

Appendix A Appendix B Appendix C Appendix D Appendix E Appendix F Appendix G
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On the other hand, the aging segment of the population with more disposable income at its reach is also a good niche for companies. Also, older
individuals will have more time for leisure/outdoor activities increasing their need for casual clothes.
1998 Number (Thous.) 19,117 39,396 19,426 17,451 18,568 20,189 22,579 21,811 18,813 15,707 22,662 34,823 270,542 U.S. Population Projections
1998 2005 2005 % of Number % of Total (Thous.) Total 7.1 19,127 6.7 14.6 40,147 14.0 7.2 20,997 7.3 6.5 19,960 7.0 6.9 18,057 6.3 7.5 18,249 6.4
8.4 19,802 6.9 8.1 22,363 7.8 7.0 21,988 7.7 5.8 19,518 6.8 8.4 29,606 10.4 12.9 36,970 12.9 100.4 286,784 100.2 2015 Number (Thous.) 21,174
40,795 21,194 21,876 20,836 20,248 18,872 18,726 19,594 21,602 39,650 45,832 310,399 2015 % of Total 6.8 13.2 6.8 7.1 6.7 6.5 6.1 6.0 6.3 7.0 12.8
14.8 100.1
Age Group Under 5 5 to 14 15 to 19 20 to 24 25 to 29 30 to 34 35 to 39 40 to 44 45 to 49 50 to 54 55 to 64 65 & over All ages
! Rising Income Baby boomers are experiencing a rise in income associated with the bull market. Increased gain in personal income has led to an
increase in personal consumption expenditures with individuals in higher income brackets spending more money. It is important to note that
consumers are spending more in general but are very reluctant to spend significant amounts of money on one particular item. Pricing is very important
to these savvy consumers and companies now

The Effects of Subsidizing R&D Projects
The effect of startup businesses on economic wealth is a hot topic nowadays. Not everyone agrees with the current policies concerning entrepreneurship
and its effect on innovation, job creation and economic growth. Shane is one of those people who clearly disagrees with current incentives given by the
government (Shane, 2009). According to him, policy makers should no longer motivate typical start–ups by providing incentives to start a business like
loans, subsidies and tax benefits. This namely attracts marginal entrepreneurs that have a relatively high chance of failure. Instead, policy makers
should focus on the extraordinary entrepreneurs and help them by subsidizing R&D projects at small companies. According to Shane, those funds are
much more likely to contribute to economic growth and to create jobs. In this paper, I want to address this topic and investigate whether this really is
the case. The research question that will be answered is:
Is it possible for governments to "pick winners" to supply with R&D subsidies and is this good policy?
First of all, I will investigate whether it is possible to categorize entrepreneurs into 'winners' and 'losers' and subsequently I will analyze whether R&D
funds really contribute to economic growth and create jobs. Furthermore, I will comment on fairness problems and unfair competition that could arise
when providing funds to elected firms only. Shane's suggestion to improve current policies is to reallocate resources and

Adams Capital Management Case Study Essay
Case Study: Adams Capital Management 1. Adams espouses a "market first" analysis of opportunity by looking for discontinuities. Is this substantive
or window–dressing? Do the four types of discontinuities represent applicable guidelines? Are they comprehensive, or are there other discontinuity
templates that a venture investor would find useful? 2. Analyze Structured Navigation. Is this a valid measurement of progress in early stage
investing? Could such a program ever be a hindrance to company development? 3. How does the ACM approach affect the recruiting, training, and
management of ACM partners? 4. How should LPs of ACM view the ACM approach to technology start–ups (i.e.: Discontinuities and Structured...
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2. Structured navigation is essentially a five process checklist system for managing investments. ACM does this by deeply involving themselves in
their portfolio companies Aspects of the structured navigation include: * Establish a talented management team * Obtain a corporate partner or
endorsement * Gain early exposure o industry and investment banking analysts * Expand the product line * Implement best practice The partners
felt this was a valid measurement of progress in early stage investing since early stage technology companies shared many of the same benchmarks
and needed many of the same elements to succeed. I believe the program wouldn't be a hindrance to company development due to its flexibility in
the sense that there is no specific order in which they need to be "finished" and that the processes are positively correlated, overall increasing the
probability of success of the company. 3. The ACM approach differs from conventional venture firms in the sense that instead of venture capitalists,
partners, being key deal makers , each partner would be recruited, trained and managed the same way most business were; where employees , in
principal, replaceable. 4. LP's of ACM would probably have a strong positive view on the ACM approach. ACM portrays a specialised expertise in
technology start ups with its discontinuities based investing and due diligence in management through its structured

Sprinkles: Leading a Sweet Trend
Management CS CH 6 Sprinkles 1) In this case, Candace and Charles Nelson displayed many characteristics associated with entrepreneurs such as,
self–confidence, tolerance for ambiguity, high energy levels, and share a desire for independence. Candace and Charles displayed confidence by
believing in them and in their cupcake business and made the decision to quit their lucrative careers to pursue the uncertainty of the cupcake only
bakery. Their confidence could be tied in with their tolerance for ambiguity. Entrepreneurs are risk takers; they tolerate situations with high degree of
uncertainty. This is the case for the Nelson's. To bring the cupcake concept to L.A. during a time that the United States was deeply influenced... Show
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This can be a major issue to keep the firm successful as it grows. 3) To assess the potential for a new venture on campus called "Sweet Bites," I
would pay close attention to the potential value of the venture, using calculations and predictions to determine the anticipated profit and loss for
that venture. Understanding that business owners tend to be more optimistic in their business, as an investor I would need to be more cautious in
were I invest my money. The assessment of a new business venture must evaluate many different situations and accounts to find a feasible outcome
to determine the value of the new venture. To help in my assessment I would need to see a business plan that projects business activities and
growth for the first 5 years. By developing a clear business plan, the owner can present his or her expectations for the business over the course of
the next few years, and I as the investors can review this plan to determine how much value the business venture currently has and is expected to
have in the future. I would also determine the business value which is what the business is worth if it was to be sold. Subtracting liabilities from
assets will give a rough estimate of the value. To help with my assessment I would contact other investors to see what they would off for the new
business venture. This will help determine the value of "Sweet Bites" and give me as an

Logistics Service Quality: A New Way of Loyalty
Logistics service quality: a new way to loyalty
Irene Gil Saura
Departamento de ComercializacioВґn e InvestigacioВґn de Mercados,
Facultad de EconomД±Вґa, Universidad de Valencia, Valencia, Spain
David Servera FranceВґs
Facultad de Estudios de la Empresa,
Universidad CatoВґlica de Valencia San Vicente MaВ
ґrtir, Valencia, Spain
Gloria Berenguer ContrД±Вґ
Departamento de ComercializacioВґn e InvestigacioВґn de Mercados,
Facultad de EconomД±Вґa, Universidad de Valencia, Valencia, Spain, and
MarД±Вґa Fuentes Blasco
Facultad de Ciencias Empresariales, Universidad Pablo de Olavide,
Sevilla, Spain
Abstract
Purpose – Now–a–days, logistics research focuses on the ability of logistics to deliver a quality service and generate greater satisfaction ... Show more
content on Helpwriting.net ...
Stock and order management, warehousing and transport are logistics activities which can benefit from the new opportunities offered by the
technologies to organize new forms of supply chain relationships. Given the relatively recent application of ICT to logistics management, however,
there is yet no clear understanding of how ICT are applied or of their impact (Feng and
Yuan, 2006).
This work presents an in–depth study, in an inter–organizational context, of the relationship between logistics service quality (LSQ), with a particular
emphasis on its defining factors and customer satisfaction and loyalty. We also propose to determine how logistics ICT influences this consequence
chain. Our objective therefore, is to examine the moderator effect of ICT intensity on said variables, in other words, we want to analyze the influence
of high levels of ICT in comparison to low levels of ICT on the perception of LSQ and how this can affect satisfaction and in the final instance, loyalty.
The study is divided into three parts. First, through a literature review we define the theoretical framework for examining the different consequence
chain variables.
Secondly, we establish the methodology used in the empirical research and evaluate the results obtained. Finally, we report the most significant

conclusions which can be drawn from this study.
2. Theory development and hypotheses
2.1 Logistics service quality
Since the mid–1980s,

Essay on Sheila Mason and Craig Shepherd
1. What are the most important issues confronting Sheila Mason? Explain you priority of important issues. The most important issue confronting
Sheila is that her previous company, ATS, is claiming she may be in violation of her Employee Noncompetition, Nonsolicitation, Nondisclosure and
Development Agreement that she signed when she was hired by the company. The day after she quit she began officially working for her own
company, which ATS indicates is in direct competition with its own business. Her agreement with her former employer indicates that she cannot be
involved directly or indirectly with another company for a period of one year after leaving ATS that is in competition with ATS. Mason also has
another issue with the... Show more content on Helpwriting.net ...
This was a direct result of Shepherd disclosing information to his boss that revealed his invention. This is by far the most pressing issue for Shepherd
because if he is unable to fully protect his invention from his employer, none of the remaining issues even matter. Nova does not develop any type of
translation engine themselves, however they are in the business of rewriting applications to run on new systems. This demonstrates to Nova that
Shepherd could have used knowledge gained while working at Nova to develop the translation engine. This also brings up the issue of the translation
engine he developed being in direct competition with Nova's current business. Another issue confronting Shepherd is that the software he created, even
though it was development during his own personal time using his own personal machine, it was created while he was currently an employee at Nova.
Disclosing this information to his employer gives them enough justification to claim ownership of that software. As agreed by Shepherd when joining
Nova, they claim all ownership of any ideas or software that Shepherd generates while he is an employee of the company. 3. What is your evaluation
of the non–disclosure agreement (NDA)? Would you sign this as a venture capitalist? Why or why not? The non–disclosure agreement presented by
Mason and Shepherd seeks to safe guard their idea, such

Attractive Returns For The Vc
Attractive Returns for the VC
In return for financing one to two years of a company's start–up, venture capitalists expect a ten times return of capital over five years. Combined with
the preferred position, this is very high–cost capital: a loan with a 58% annual compound interest rate that cannot be prepaid. But that rate is necessary
to deliver average fund returns above 20%. Funds are structured to guarantee partners a comfortable income while they work to generate those returns.
The venture capital partners agree to return all of the investors' capital before sharing in the upside. However, the fund typically pays for the investors'
annual operating budget–2% to 3% of the pool's total capital–which they take as a management fee regardless of the fund's results. If there is a $100
million pool and four or five partners, for example, the partners are essentially assured salaries of $200,000 to $400,000 plus operating expenses for
seven to ten years. (If the fund fails, of course, the group will be unable to raise funds in the future.) Compare those figures with Tommy Davis and
Arthur Rock's first fund, which was $5 million but had a total management fee of only $75,000 a year.
The real upside lies in the appreciation of the portfolio. The investors get 70% to 80%of the gains; the venture capitalists get the remaining 20% to
30%. The amount of money any partner receives beyond salary is a function of the total growth of the portfolio's value and the amount of money
managed

Fi512 Entrepreneurial Finance Essay example
Week 1 Assignment Chapter 1: Exercises/Problem #1 pp.33–34 1. [Financing Concepts] The following ventures are at different stages in their life
cycles. Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources
for that financing. A. Phil Young, founder of Pedal Pushers, has an idea for a pedal replacement for children's bicycles. The Pedal Pusher will replace
existing bicycle pedals with an easy–release stirrup to help smaller children hold their feet on the pedals. The Pedal Pusher will also glow in the dark
and will provide a musical sound as the bicycle is pedaled. Phil is seeking some financial help in developing working prototypes.... Show more content
on Helpwriting.net ...
Calculate the ROA for each firm. * Venture XX = 10% * Venture YY = 75% * Venture ZZ = 15% * B. Which venture is indicative of a strong
entrepreneurial venture opportunity? * I would think that Venture YY is because of its high after tax profit margins and its high asset turnover. * C.
Which venture seems to be more of a commodity–type business? * Venture XX because of its low after–tax profit and asset turnover rate. Its ROA
appears to be dependent on sales of larger quantities. * E. Use the information in Figure 2.9 relating to pricing/profitability and "score" each venture
in terms of potential attractiveness. * Venture XX = 1.33 * Venture YY = 2.33 * Venture ZZ = 1.33 Chapter 2: LearnRite.com Mini Case questions
p.74 A. Project industry sales for children's software through 2015 based on the information provided above. $2.85Billion B. Calculate the
year–to–year annual sales growth rates for LearnRite. [Optional: Estimate the compound growth rate over the 2011–2015 time period using a financial
calculator or computer software program.] Year 1 to 2 = 9.6% Year 2 to 3 = 3.13% Year 3 to 4 = 2.19% Year 4 to 5 = 1.81% C. Estimate LearnRite's
expected market share in each year based on the given data. Year 1 = 0.1% Year 2 = 0.7% Year 3 = 1.8% Year 4 = 3% Year 5 = 4.3%

Case Analysis : Corporate Venture Capital Of Eli Lilly And...
Introduction Colonel Lilly founded Eli Lily and Company in 1876, because he felt there was a lack of high quality medicine on the market at the
time. He also felt the most medicines on the market were ineffective in the curing of ills. In the case "Review Corporate Venture Capital at Eli Lilly
and Company", describes the issues surrounding Eli Lily and Company venture capital arm by showing the struggles the company went through in
establishing a corporate venture capital fund. It takes you through the choices that were made keeping in mind the benefits to Eli Lilly and Company
as well as keeping the Venture Capital arm separated from the company. This allowed Eli Lilly and Company to benefit from its investments, and kept
the ... Show more content on Helpwriting.net ...
1. Enabling Technologies:Tools and platforms that enhance the drug discovery and development process
2. Horizon Therapies: Emerging an novel therapies.
Lilly BioVentures utlizied Eli Lilly and Companies network for its deal flow. Once a potitail start–ups was picked Lilly BioVentures would assess the
risks and check the star–ups background. It also became a resource for its portfolio start–ups, which was a plus for start–ups entering in to a deal with
Lilly BioVentures. The goal of Lilly BioVentures was to operate like a venture capital firm as much as possible. Schalliol emphasized: "Our goal was
to make money, to beat the corporate hurdle rate. We described ourselves as financial investors in areas of strategic interest." Many of the deal that
Lilly BioVentures entered in to was though a syndicate, which brought more funds form other venture capital firms as well as different expertise for the
start–up. Through these types of deals Eli Lilly and Company was able to gain competitive advantage over its rivals.
Question 1: What is the Role of Corporate Venture Capital? Corporate venture capital (CVC) is the act of investing in companies with a variety of
equity and licensing deals. CVC has two goals. First, is to improve the strategic position and core competence of the parent company. Second, is to
create financial returns for the parent company through new products, procedures and services. These two goals and be best explained with the
example form

venture capital Essays
CHAPTER –1
INTRODUCTION
1.1 INTRODUCTION
Venture capital, a financial innovation of the twentieth century, is a long–term liquid investment, which can be in the form of equity, quasi–equity and
sometimes debt in new and high–risk ventures. Venture capital became better known after the famous legend of Apple Computers, which started out in
the US in 1977 with the capital firm, Arthur Rock & Co. Apple Computers then made it to the Fortune 500 and Arthur Rock & Co. attained height in
Venture capitalindustry. However the success of Venture Capital in USA stimulated world countries to practice on Venture capital.
A number of technocrats are seeking to set up shop on their own and capitalize on opportunities. In the highly ... Show more content on Helpwriting.net
...
Companies such as Digital Equipment Corporation, Apple, Federal Express, Compaq, Sun Microsystems, Intel, Microsoft and Genentech are famous
examples of companies that received venture capital early in their development.
In India, these funds are governed by the Securities and Exchange Board of India (SEBI) guidelines. According to this, venture capital fund means a
fund established in the form of a company or trust, which raises monies through loans, donations, issue of securities or units as the case may be, and
makes or proposes to make investments in accordance with these regulations.
1.3 OBJECTIVES
Venture Capital is one of the fastest emerging sources of finance for new entrepreneurs. In spite of its increasing popularity, funding via Venture Capital
is faced with a number of difficulties. Thus, it is important to study the various aspects of raising funds through Venture Capital.
1. Trends in the Indian Venture Capital Industry.
2. To study the current Indian scenario.
3. To find out the different contributors to the Indian Venture Capital Industry and their investment industry wise.
4. To identify the major players in the Indian Venture capital Industry.
5. To identify the problems faced by the Indian venture Capitalists.

6. To study the various guidelines of the regulatory body "SEBI".
1.4 SCOPE
Major limitation of the project has been the unavailability of current data, of the contributors to

Venture Capital
Venture capital
Venture capital (also known as VC or Venture) is a type of private equity capital typically provided to early
–stage, high–potential, and growth
companies in the interest of generating a return through an eventual realization event such as an IPO or trade sale of the company. Venture capital
investments are generally made as cash in exchange for shares in the invested company.
Venture capitaltypically comes from institutional investors and high net worth individuals and is pooled together by dedicated investment firms. A
venture capitalist (also known as a VC) is a person or investment firm that makes venture investments, and these venture capitalists are expected to bring
managerial and technical expertise as well as ... Show more content on Helpwriting.net ...
By far Whitney 's most famous investment was in Florida Foods Corporation. The company developed an innovative method for delivering nutrition to
American soldiers, which later came to be known as Minute Maid orange juice and was sold to The Coca–Cola Company in 1960. J.H. Whitney &
Company continues to make investments in leveraged buyout transactions and raised $750 million for its sixth institutional private equity fund in 2005
Early venture capital and the growth of Silicon Valley
One of the first steps toward a professionally–managed venture capital industry was the passage of the Small Business Investment Act of 1958. The
1958 Act officially allowed the U.S. Small Business Administration (SBA) to license private "Small Business Investment Companies" (SBICs) to help
the financing and management of the small entrepreneurial businesses in the United States. During the 1960s and 1970s, venture capital firms focused
their investment activity primarily on starting and expanding companies. More often than not, these companies were exploiting breakthroughs in
electronic, medical or data–processing technology. As a result, venture capital came to be almost synonymous with technology finance.
It is commonly noted that the first venture–backed startup is Fairchild Semiconductor (which produced the first commercially practical integrated
circuit), funded in 1959 by what would later become Venrock Associates. Venrock was founded in 1969 by Laurance S.

Case Study : Employee Owned Company
Employee Owned Company TEOCO is a company owned by its employees since it was started in 1994. The firm main focus during its initial days
was provision of high quality related consultancy for IT related projects. After doing business for sometimes, the company management decided to shift
its business from consultancy services to development of products that focused on the world fasted growing telecommunication sector. As a result, of
this strategic decision it achieved rapid growth, enabling it to be strategically placed in the niche market that has been mainly focused on.This paper
seeks to provide an analysis of TEOCO'S business environment as well as strategy over the years. External Forces and Industry Conditions Impacting
on the... Show more content on Helpwriting.net ...
Secondly, increased competition from large corporations also has been a major influencing external force within the telecom industry that has impacted
heavily on the performance of the company. The competitor has largely affected the company business strategies and decision forcing the firm's CEO
to change some decisions concerning external financiers with an intention of remaining competitive in an ever changing business environment.
Additionally, the changing industry conditions, particularly in the line of products and increased players in the industry impacted on the company's
business strategy; whereby it was forced to think about going beyond its niche market and expanding its operations in the global market. This means
that the company had to accept financing from TA a venture capitalist in order to undertake the expansion process and at the same time to invest
heavily in its current infrastructure to gain competitive advantage. Lastly, the company performance was impacted by its decision to acquire TTI as it
enabled it to enter into the global market with ease as this company had already been established in the global market. Internal Organization and
Culture at TEOCO The company internal culture has been in the key to its success over

Launching a High Risk Business Essay
Table of Contents
Introduction3
Before Launching3
Major Sections4
Research & Development4
Human Resources4
Finance5
Marketing & Sales6
Manufacturing7
Achievements and Results Obtained8
Key Lessons Learnt8
Introduction
Launching a high risk/ high return business is not a simple process. There are several key factors and criteria that need to be met in order for your
venture to have a chance. Ignoring them would most likely result in complete failure, and this is why a large number of startups fail in their early
stages. This simulation is meant to help me identify the key pitfalls and factors of success.
The purpose of this report is to communicate how I approached the problem of launching the high risk ... Show more content on Helpwriting.net ...
With an Inexperienced management I would not get the confidence and thus the same offers
I believed that with a strong team, they would be able to make better recommendations and more realistic requests for funds and thus help my business
to succeed
With a strong management I believed that my different teams' productivity would be better relatively compared to a less experienced management team
in similar conditions.

When choosing the experienced staff, I chose carefully. I tried to select the ones who had some background and experience in the telecommunications
industry, or those that I saw would be most fit and valuable to my firm. The staff which I usually hired every run is:
VP of R&D: Henry Krueger; VP of Marketing & Sales: Martha Anderson; VP ofFinance: Jane Cheney; VP of Manufacturing: Carolyn A. Vasques.
When to Hire the Different VPs
Initially I would hire the VP of R&D and the VP of Marketing & Sales. By hiring those two I would get good offers from investors. I would then hire
the VP of Manufacturing and the VP of Finance once my development was done and I was about to start manufacturing.
In my recent runs, I would also hire the VP of finance initially. I noticed that the offers I received where much larger. This I believe I due to the fact
that I presented a greater number of experienced candidates when requesting initial funding. I however, would

Chameleon Shoes Sources Of Capital
Chameleon Shoes Sources of Capital Every business needs some form of capital investment hence the need for entrepreneurs to identify reliable
sources of financing. The chameleon shoes venture, being a new business opportunity will require reliable sources of capital. In fact, the chameleon
shoes business will require finances to purchase assets and for its working capital operations. As such, this paper seeks to explore various sources of
capital with particular interest on venture capital as well as their pros and cons.
Potential Sources of Capital Personal savings is the first potential source of capital for investing in the chameleon shoe venture. Personal savings
especially money put aside in a bank is easily accessible and is very instrumental in starting off the business venture (Castellani et al., 2013).
Actually, personal savings are important because they can be used to develop one or two pairs of chameleon shoes which will act as samples. Using
personal savings to come up with samples of the chameleon shoes helps in pitching the product and making it possible to expand the capital outlay by
attracting potential investors. Therefore, the pros for personal savings are its ease of accessibility and its ability to assist an entrepreneur pitch a
product in the early stages. Unfortunately, personal savings has shortcomings because it is often inadequate or the amount may be too small to make an
impact. Moreover, angel investors are a suitable

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