Balance SheetThis automated form is made available compliments of CCH Business Owner's Toolkit[Your Business Name]Balance Sheet[Mmmm Dd, 200X]AssetsCurrent Assets:Cash$0Accounts Receivable$0Less:Reserve for Bad Debts00Merchandise Inventory0Prepaid Expenses0Notes Receivable0Total Current Assets$0Fixed Assets:Vehicles0Less:Accumulated Depreciation00Furniture and Fixtures0Less:Accumulated Depreciation00Equipment0Less:Accumulated Depreciation00Buildings0Less:Accumulated Depreciation00Land0Total Fixed Assets0Other Assets:Goodwill0Total Other Assets0Total Assets$0Liabilities and CapitalCurrent Liabilities:Accounts Payable$0Sales Taxes Payable0Payroll Taxes Payable0Accrued Wages Payable0Unearned Revenues0Short-Term Notes Payable0Short-Term Bank Loan Payable0Total Current Liabilities$0Long-Term Liabilities:Long-Term Notes Payable0Mortgage Payable0Total Long-Term Liabilities0Total Liabilities0Capital:Owner's Equity0Net Profit0Total Capital0Total Liabilities and Capital$0
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Income StatementThis automated form is made available compliments of CCH Business Owner's Toolkit[Your Company Name]Income StatementFor the Year Ended [Mmmm Dd, 200X]Revenue:Gross Sales$0.00Less:Sales Returns and Allowances$0.00Net Sales$0.00Cost of Goods Sold:Beginning Inventory$0.00Add:Purchases$0.00Freight-in$0.00Direct Labor$0.00Indirect Expenses$0.00$0.00Less:Ending Inventory$0.00Cost of Goods Sold$0.00Gross Profit (Loss)$0.00Expenses:Advertising$0.00Amortization$0.00Bad Debts$0.00Bank Charges$0.00Charitable Contributions$0.00Commissions$0.00Contract Labor$0.00Credit Card Fees$0.00Delivery Expenses$0.00Depreciation$0.00Dues and Subscriptions$0.00Insurance$0.00Interest$0.00Maintenance$0.00Miscellaneous$0.00Office Expenses$0.00Operating Supplies$0.00Payroll Taxes$0.00Permits and Licenses$0.00Postage$0.00Professional Fees$0.00Property Taxes$0.00Rent$0.00Repairs$0.00Telephone$0.00Travel$0.00Utilities$0.00Vehicle Expenses$0.00Wages$0.00Total Expenses$0.00Net Operating Income$0.00Other Income:Gain (Loss) on Sale of Assets$0.00Interest Income$0.00Total Other Income$0.00Net Income (Loss)$0.00
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Al Ghawas Tours Agency in Turkey
There several tourist attractions in the country
A tourist agency that will be planning everything for the tourist when they visit is an opportunity.
There are gaps when it comes to tour guiding in the country ("12 Top-Rated Tourist Attractions in Turkey | PlanetWare," n.d.).
Turkey in last alone hosted more than 37 million foreign tourists
The number keep increasing each and every year
Goals, Mission and Objectives
The main goal is to be the leading touring agency in the world
The mission is to plan, guide and provide quality services to the tourists in the best way possible and make them enjoy their money fairly.
Objectives include retaining as many tourists as possible in our agency.
The other objective is to have as many referrals from the old clients as possible.
Wh ...
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Balance SheetThis automated form is made available compliments of .docx
1. Balance SheetThis automated form is made available
compliments of CCH Business Owner's Toolkit[Your Business
Name]Balance Sheet[Mmmm Dd, 200X]AssetsCurrent
Assets:Cash$0Accounts Receivable$0Less:Reserve for Bad
Debts00Merchandise Inventory0Prepaid Expenses0Notes
Receivable0Total Current Assets$0Fixed
Assets:Vehicles0Less:Accumulated Depreciation00Furniture
and Fixtures0Less:Accumulated
Depreciation00Equipment0Less:Accumulated
Depreciation00Buildings0Less:Accumulated
Depreciation00Land0Total Fixed Assets0Other
Assets:Goodwill0Total Other Assets0Total Assets$0Liabilities
and CapitalCurrent Liabilities:Accounts Payable$0Sales Taxes
Payable0Payroll Taxes Payable0Accrued Wages
Payable0Unearned Revenues0Short-Term Notes Payable0Short-
Term Bank Loan Payable0Total Current Liabilities$0Long-Term
Liabilities:Long-Term Notes Payable0Mortgage Payable0Total
Long-Term Liabilities0Total Liabilities0Capital:Owner's
Equity0Net Profit0Total Capital0Total Liabilities and Capital$0
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&A
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&A
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Sheet4
&A
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Sheet5
&A
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Income StatementThis automated form is made available
2. compliments of CCH Business Owner's Toolkit[Your Company
Name]Income StatementFor the Year Ended [Mmmm Dd,
200X]Revenue:Gross Sales$0.00Less:Sales Returns and
Allowances$0.00Net Sales$0.00Cost of Goods Sold:Beginning
Inventory$0.00Add:Purchases$0.00Freight-in$0.00Direct
Labor$0.00Indirect Expenses$0.00$0.00Less:Ending
Inventory$0.00Cost of Goods Sold$0.00Gross Profit
(Loss)$0.00Expenses:Advertising$0.00Amortization$0.00Bad
Debts$0.00Bank Charges$0.00Charitable
Contributions$0.00Commissions$0.00Contract
Labor$0.00Credit Card Fees$0.00Delivery
Expenses$0.00Depreciation$0.00Dues and
Subscriptions$0.00Insurance$0.00Interest$0.00Maintenance$0.0
0Miscellaneous$0.00Office Expenses$0.00Operating
Supplies$0.00Payroll Taxes$0.00Permits and
Licenses$0.00Postage$0.00Professional Fees$0.00Property
Taxes$0.00Rent$0.00Repairs$0.00Telephone$0.00Travel$0.00U
tilities$0.00Vehicle Expenses$0.00Wages$0.00Total
Expenses$0.00Net Operating Income$0.00Other Income:Gain
(Loss) on Sale of Assets$0.00Interest Income$0.00Total Other
Income$0.00Net Income (Loss)$0.00
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Al Ghawas Tours Agency in Turkey
There several tourist attractions in the country
A tourist agency that will be planning everything for the tourist
when they visit is an opportunity.
There are gaps when it comes to tour guiding in the country
("12 Top-Rated Tourist Attractions in Turkey | PlanetWare,"
n.d.).
Turkey in last alone hosted more than 37 million foreign
tourists
The number keep increasing each and every year
3. Goals, Mission and Objectives
The main goal is to be the leading touring agency in the world
The mission is to plan, guide and provide quality services to the
tourists in the best way possible and make them enjoy their
money fairly.
Objectives include retaining as many tourists as possible in our
agency.
The other objective is to have as many referrals from the old
clients as possible.
Why Turkey
Turkey is the sixth visited country around the globe in relation
to tourism("Tourism - Invest in Turkey," n.d.) .
Turkey has several fascinating tourist attraction sites.
Turkey has a stable political environment ("Is Turkey safe for
tourists and can I cancel my holiday?," 2017).
Economically the country is growing with a gross domestic
product of 85.7 billion USD
The country is strategically positioned neighboring Europe and
Western Asia who make the best clients (Türker, 2016) .
Organizational Structure
Information moves from top to bottom
CEO will tell the Company Executives, Which will distribute
the tasks between the departments
The enterprise will have departments to coordinate to achieve
goals
CEO will make sure that the company run smooth. CEO will tell
the Company Executives, Which will distribute the tasks
between the departments
4. All the mangers will make sure that goals are done achieved
effectaly
4
Products and services
Kenteque deals with products ranging from home appliances, to
computers and many personal electronics
Also, providing consumers with popular brands such as Apple,
Microsoft, Samsung and Sony to name a few.
Secondary services are available such as repairs, online
shopping and financing for our products
Kenteque deals with products ranging from home appliances, to
computers and many personal electronics
Also, providing consumers with popular brands such as Apple,
Microsoft, Samsung and Sony to name a few.
Secondary services are available such as repairs, online
shopping and financing for our products
5
Entry strategy
The company intends to apply the in market presence strategy as
mode of entry.
As a result all the targets products would be controlled by the
firm.
Also as a way to make it work, the company intends to partner
with tourist firms that will help in making the firm entry easier.
The firm also intends to position itself in a manner that tourist
will be the leading tourist guide in Turkey by marketing itself
online.
Marketing strategy
5. Al Ghawas intends to market itself trough advertisement.
Other marketing strategies that will be applied include
promotion
The use of social media and other media related promotion tools
The other way that the company intends to market itself is
through giving discounts to new clients
The company intends to start online tourism where they will be
recorded live tourism visits.
The company will also use face to face marketing strategy
The last tool is the use of events to market the firm
The Financials
The Company will start at the year 2013, these are the expected
financials by the end of 2016
The company total Assets will be $13,858,440 / total Liabilities
$10,873,000
Total expenses $1,189,063.00
Cash inflows $ $1,840,500
Cash outflows $1,294,887
By the year 2016, expected profits are $2,809,937.00
The Company will start at the year 2013, these are the expected
financials by the end of 2016
The company total Assets will be $13,858,440 / total Liabilities
$10,873,000
Total expenses $1,189,063.00
Cash inflows $ $1,840,500
Cash outflows $1,294,887
By the year 2016, expected profits are $2,809,937.00
8
Financials
6. The company has its fore casted sales as follows
Financials
The monthly sales will be forecasted as follows in the next three
years of business.
It is evident that from the chart that the company intends to
have sales from tourist services increase each and every month
Recommendations
and conclusions
To cement the foundation of the company in Turkey, the firm
should organize social events such as cleaning campaigns,
environment protection.
the firms should integrate technology to remain competitive in
the market.
In conclusion Turkey is one of the best tourist attraction sites
ad as a case establishing the company there will boost the
revenues of the firm.
The company should ensure that it provides the best quality
services for clients to return and also have refferals.
References links
12 Top-Rated Tourist Attractions in Turkey | PlanetWare. (n.d.).
Retrieved from http://www.planetware.com/tourist-
attractions/turkey-tr.htm
Is Turkey safe for tourists and can I cancel my holiday? (2017,
February 13). Retrieved from
http://www.telegraph.co.uk/travel/advice/is-turkey-safe-for-
tourists/
7. Tourism - Invest in Turkey. (n.d.). Retrieved from
http://www.invest.gov.tr/en-
US/sectors/Pages/WellnessAndTourism.aspx
Türker, N. (2016). Religious Tourism in Turkey. Alternative
Tourism in Turkey, 151-172. doi:10.1007/978-3-319-47537-
0_10
Global Economics & Ethnic Markets: Presentation Rubric
Concordia University
1
Global Economics & Ethnic Markets Presentation Rubric
Requirements Feedback Comments and Points
Organization
transitions used
PA format
8. Points ____/30
Broad Analysis: Following an introduction, briefly review the
following aspects of your fictitious product/company:
xisting and new or
proposed
fictitious company.
Points ____/40
Foreign Market: Review the following aspects of the country
you intend to enter with your fictitious product:
the foreign market was chosen ( i.e.
population and geographical size, GDP per capita and
disposable income per individual/family)
Points ____/50
Entry Strategy:
to enter this market (direct export,
joint venture, subsidiary, acquisition, etc.) and why this
will be the most effective entry strategy into this foreign
9. market.
Points ____/50
Marketing Strategy:
e foreign
consumer know that your product exists? (direct
marketing, institutional promotion, personal promotions,
partnering with a local company, etc.)
Points ____/50
The Financials:
statement of cash flows show the assets needed , liabilities
and expenses incurred, as well as cash flow stream and
expected date of profit.
forward looking.
Points ____/50
Visual Aids & Stage Presentation: A good visual presentation
and excellent stage presence (confident, good use of notes, as
well
10. as good eye contact).
Points ____/20
Global Economics & Ethnic Markets: Presentation Rubric
Concordia University
2
Conclusion and Opinion: In addition to tying the main points of
the presentation in to a conclusion and why your company needs
to
enter this foreign market.
Points ____/10
Adherence to Deadline
Failure to adhere to the assignment deadline will result in a
deduction of 1.5 points per day tardy.
Points deducted -____
Comments on Overall Paper
11. Total Points ______/300
Cash Flow BudgetThis automated form is made available
compliments of CCH Business Owner's ToolkitCash Flow
Budget
Worksheet[Month][Month][Month][Month][Month][Month]Tota
lBeginning Cash Balance$0$0$0$0$0Cash Inflows
(Income):Accts. Rec. Collections0Loan Proceeds0Sales &
Receipts0Other:00Total Cash Inflows$0$0$0$0$0$0$0Available
Cash Balance$0$0$0$0$0$0Cash Outflows
(Expenses):Advertising0Bank Service Charges0Credit Card
Fees0Delivery0Health Insurance0Insurance0Interest0Inventory
Purchases0Miscellaneous0Office0Payroll0Payroll
Taxes0Professional Fees0Rent or Lease0Subscriptions &
Dues0Supplies0Taxes & Licenses0Utilities &
Telephone0Other:000Subtotal$0$0$0$0$0$0$0Other Cash Out
Flows:Capital Purchases0Loan Principal0Owner's