This document provides a business plan for opening a French bistro in Seattle, Washington. It includes details on the location, target customer demographics, startup costs, financial projections, and loans required. The plan estimates annual sales of $310,976 and net profit of $25,608 in the first year. It also discusses how the business plan would need to change if opening the same restaurant in Bakersfield, California, where smaller population and lower incomes would make matching Seattle sales unrealistic.
Principle Of Accounts School Based Assessments 2017 GuideDarien Guillen
The document provides guidance for completing a school-based assessment (SBA) in accounting. It includes sections like business description, aims of the SBA, transaction list, sample documents, journals, ledgers, trial balance, financial statements, ratios and recommendations. The document was created by Darien Guillen to help understand what the exam board and teacher expect for the SBA and guide the reader through completing it in detail.
This document provides an overview of a sole proprietorship business called 'Avonto' that sells chicken, chips, and other foods. It includes sections describing the business, accounting procedures, sample transactions from May 2014, journals, ledgers, financial statements including a trial balance, income statement, and balance sheet. While the business faced some challenges with customers and storage, it was overall successful based on the $2,700 profit earned over the period.
Principles of accounts school based assessmentMartin Robinson
This document contains information about a candidate named Martin Robinson for an examination at Eltham High School in 2016. It includes an acknowledgement, introduction, table of contents, and transactions for Carter's Cream, an ice cream business, during February 2016. The transactions are recorded in source documents like invoices, receipts, debit notes, and petty cash vouchers to track purchases, sales, payments, and expenses of the business.
The document provides accounting records and information for Alecia McNeil's pastry and frozen products business for the period of May 1 to May 31, 2014. It includes a description of the business, accounting records maintained, aims and objectives, various journal entries, source documents, financial statements including a trading and profit and loss account and balance sheet. The business realized a net profit of $2,305 for the period.
Chapter 4 writing a business plan(entrepreneurship)Afzaal Ali
A business plan is a written document that describes a business, how it will achieve its goals, and its financial projections. It is typically 25-35 pages and serves as a tool to communicate the business idea to potential investors and obtain financing. The key sections of a business plan include an executive summary, company description, industry and market analysis, marketing plan, management team, operations plan, financial projections, and appendices. An effective business plan convincingly answers questions about the business opportunity, product or service, target market, costs, potential profits, investment needs, and risks.
The document provides an overview of exit strategy planning presented by Denis Brown of Abraxas Business Services. It discusses the need for exit planning given trends of business owners aging and planning to exit their businesses. It outlines various exit alternatives and issues that can limit alternatives and business value. The presentation then details a seven step exit planning process covering objectives, valuation, maximizing value, ownership transfer to third parties or insiders, business continuity, and personal planning. It provides examples and considerations for each step.
The document discusses exit strategies for business owners looking to sell their privately held companies. It explains that an exit strategy is a roadmap to maximize value and minimize taxes when selling a business. It also discusses why many business owners do not create exit strategies, as well as the key elements that should be included in an exit strategy plan such as timelines, potential buyers, valuations, management transitions and contingency plans.
The document discusses the harvest strategy, which is an investment strategy where a business reduces or eliminates investment in a line of business if additional investment would not justify the expense. The harvest strategy is applicable when a product/service is in a saturated or declining market with small market share, and the organization has more attractive uses for freed resources. It can benefit a business by limiting wastage and reducing investment in less productive areas, but maximizes short-term gains over long-term results and sometimes leads to negative outcomes.
Principle Of Accounts School Based Assessments 2017 GuideDarien Guillen
The document provides guidance for completing a school-based assessment (SBA) in accounting. It includes sections like business description, aims of the SBA, transaction list, sample documents, journals, ledgers, trial balance, financial statements, ratios and recommendations. The document was created by Darien Guillen to help understand what the exam board and teacher expect for the SBA and guide the reader through completing it in detail.
This document provides an overview of a sole proprietorship business called 'Avonto' that sells chicken, chips, and other foods. It includes sections describing the business, accounting procedures, sample transactions from May 2014, journals, ledgers, financial statements including a trial balance, income statement, and balance sheet. While the business faced some challenges with customers and storage, it was overall successful based on the $2,700 profit earned over the period.
Principles of accounts school based assessmentMartin Robinson
This document contains information about a candidate named Martin Robinson for an examination at Eltham High School in 2016. It includes an acknowledgement, introduction, table of contents, and transactions for Carter's Cream, an ice cream business, during February 2016. The transactions are recorded in source documents like invoices, receipts, debit notes, and petty cash vouchers to track purchases, sales, payments, and expenses of the business.
The document provides accounting records and information for Alecia McNeil's pastry and frozen products business for the period of May 1 to May 31, 2014. It includes a description of the business, accounting records maintained, aims and objectives, various journal entries, source documents, financial statements including a trading and profit and loss account and balance sheet. The business realized a net profit of $2,305 for the period.
Chapter 4 writing a business plan(entrepreneurship)Afzaal Ali
A business plan is a written document that describes a business, how it will achieve its goals, and its financial projections. It is typically 25-35 pages and serves as a tool to communicate the business idea to potential investors and obtain financing. The key sections of a business plan include an executive summary, company description, industry and market analysis, marketing plan, management team, operations plan, financial projections, and appendices. An effective business plan convincingly answers questions about the business opportunity, product or service, target market, costs, potential profits, investment needs, and risks.
The document provides an overview of exit strategy planning presented by Denis Brown of Abraxas Business Services. It discusses the need for exit planning given trends of business owners aging and planning to exit their businesses. It outlines various exit alternatives and issues that can limit alternatives and business value. The presentation then details a seven step exit planning process covering objectives, valuation, maximizing value, ownership transfer to third parties or insiders, business continuity, and personal planning. It provides examples and considerations for each step.
The document discusses exit strategies for business owners looking to sell their privately held companies. It explains that an exit strategy is a roadmap to maximize value and minimize taxes when selling a business. It also discusses why many business owners do not create exit strategies, as well as the key elements that should be included in an exit strategy plan such as timelines, potential buyers, valuations, management transitions and contingency plans.
The document discusses the harvest strategy, which is an investment strategy where a business reduces or eliminates investment in a line of business if additional investment would not justify the expense. The harvest strategy is applicable when a product/service is in a saturated or declining market with small market share, and the organization has more attractive uses for freed resources. It can benefit a business by limiting wastage and reducing investment in less productive areas, but maximizes short-term gains over long-term results and sometimes leads to negative outcomes.
The document summarizes exit strategies for small businesses. It discusses reasons entrepreneurs exit businesses such as bankruptcy, retirement, or change in lifestyle. Common exit strategies presented include selling the business to employees through an ESOP, selling to a strategic or financial buyer, harvesting assets, or taking the business public. The document emphasizes the importance of developing an exit strategy from the start of a business and considering legal and financial aspects like valuation and separating personal and business finances. It also notes that obtaining advice from professionals and other entrepreneurs who have exited businesses is important for a successful exit.
The document discusses different exit strategies for business owners looking to transition out of ownership of their company. It outlines several options for exiting a business, including transitioning the company to become a lifestyle business, selling the company through an acquisition, transferring ownership to a family member or emotional partner, pursuing an initial public offering to sell shares on the stock market, or liquidating the company's assets. For each option, it provides brief highlights of potential pros and cons to consider when selecting an exit strategy.
The document provides an overview of Ford Motor Company's 2013 marketing plan for the new Ford Edge Hybrid vehicle. It includes an executive summary, introduction, company description highlighting Ford's values and history, strategic focus and goals. It also contains a situational analysis of trends, competitors and markets. The plan outlines objectives to introduce the 2013 Hybrid Edge in the US, China and Europe and increase hybrid vehicle sales and market share. Financial goals include boosting hybrid sales 100% and overall market share to 20% by 2013.
This business plan is for a partnership called Steamboat Leleh Restaurant. The restaurant will be located in Shah Alam, Selangor and will offer a buffet-style steamboat concept. It will seat 40 customers and project monthly sales of RM42,000 with 250 customers per month spending an average of RM28 each. Total start-up costs are RM54,371, with RM5,437 contributed by the partners and a RM48,934 bank loan over 7 years at 5% interest. The 5 partners each contribute RM1,087.50 in capital. The plan outlines the restaurant concept, market analysis, management structure, financial projections, and partnership agreement.
This document provides a business plan for Honeydew Meadery, a proposed mead production company. Key points include:
- The founders are Lewis Clarke and Marcus Aurelius, who bring experience in mead production, operations, and business management.
- The plan outlines trends of growing interest in mead, cider, and premium alcoholic beverages. It analyzes the competitive landscape and Honeydew's advantages.
- Two mead products are proposed: an apple-infused mead and a dry mead. Distribution will begin through the LCBO with a focus on quality, customer engagement, and marketing.
- Initial funding of $22,000 is required. An additional $85,000
The business plan outlines Kitty Zone Cat Shop, a partnership pet shop business located in Mukah, Sarawak. The plan provides details on the company name and ownership structure, initial capital contribution, target market analysis, marketing strategies, operations plan, and personnel requirements. The key points are that Kitty Zone aims to be a leading pet shop in the region by providing high quality products, services, and customer satisfaction to capture 50% of the estimated RM908,368 pet market in Mukah.
1) The document is a business proposal from DCC SDN.BHD for a cookies and cake service business in Bandar Tun Abdul Razak Jengka, Pahang.
2) It includes an executive summary, company background, objectives, organizational structure, product details, target market analysis, and administrative and marketing plans.
3) The target market focuses on residents and commercial areas in Bandar Tun Abdul Razak Jengka, which is described as a populated and well-located area providing opportunities for the cookies and cake business.
Business Plan Presentation Template - A FlackVentures ExampleKate Pynn
This business plan presentation template outlines the key elements to include when presenting a business plan, such as the company's mission statement, management team details, market analysis, product or service opportunities, competition, five-year goals and objectives, three-year financial projections, resource requirements, risks and rewards, and any key issues that need resolution. The template provides guidance on the type of information to present for each section to clearly communicate the company's vision, strategy, and financial expectations to stakeholders.
The elements of the marketing plan build the course of action for a company.
To help you succeed, we have put together the key components of a successful Marketing Plan.
Strategic business plan visionary statement indexDavide Zari
This strategic business plan proposes developing electricity from renewable sources at low cost and environmental impact. It discusses forming a new company called New Ventures to commercialize a new wind turbine technology called Company. New Ventures would manage the development, manufacturing, distribution and maintenance of Company turbines. The plan provides financial forecasts projecting profits from Company wind farms and the growth of New Ventures.
A business plan is a document that brings together the key elements of a business that include details about the products and services, the cost, sales and expected profits.
For some new managers, the idea of giving performance reviews and being responsible for others can be intimidating. For others, there are fears about how to manage people older than them. And then there are others who worry about being accepted by their new team. I too, had these fears. But over time, I have learned a lot from peers, from mentors, and from my own employees. I made some terrible mistakes, and I had some pretty good successes. These nuggets of insight are some of the best personal learnings I’ve had in my management career, and ones which I wish I knew when I started managing people.
The Manager's Resource Handbook is an online source of tools, templates and articles relating to business and management in the global environment. Our mission is the help managers and businesses succeed through the benefit of our experience. You can contact us at http://www.managersresourcehandbook.com.
This document provides a situational analysis and marketing plan for a logistics company called *Company Name that is seeking to enter the automotive parts market. It identifies the target markets as aftermarket auto parts retail chains and auto parts wholesalers. A SWOT analysis is presented, noting strengths like expertise and proprietary tracking software, and weaknesses like lack of contacts in the automotive industry. Market trends of offshoring auto parts production driving import growth are examined. Financial projections show growth opportunities in the auto parts market. The marketing strategy focuses on building brand awareness through industry events and magazines to penetrate this new market.
Example Business Plan Presentation - Steamboat Leleh normaisarah71
Example Business Plan Presentation -
POLITEKNIK SHAH ALAM
Please do not simply copy and paste the content of the presentation but take it as example.
Thank you.
Business Plan Sample - Great Example For Anyone Writing a Business PlanThe Business Plan Team
We are often asked for an example of a professional business plan. Here is one for a Technology (Hosting) company that we did 3 - 4 years ago which enabled the owner to secure an exit from the business. In terms of structure it is fairly typical of any business plan. However, there are some specific issues that you should address for a technology business that de-risks the plan for investors which a business plan writer should include. There is a post about this on our blog http://thebusinessplanteam.blogspot.co.uk.
If you are writing your own plan go to this section on our web-site where you can find links to affordable software here: http://www.thebusinessplanteam.co.uk/buy-business-plan-software.html
Alternatively, if you are looking for help developing your business plan and are looking to engage a business plan writer or business plan consultant take a look at some tips about how to select a consultant we have listed out here: http://www.thebusinessplanteam.co.uk/business-planning-consultants.html. You can also reach us on 0845 026 0198 if you would like to see how we can help.
The Unify Company is a new centralized web development company in the Caraga Region of the Philippines. It is led by CEO Ferdinand Balbin and aims to create a website that promotes tourism and allows local businesses to advertise their products and services. This centralized portal will help overcome the challenges of individual business websites having low visibility. The company works with the Department of Tourism to distribute promotional materials and hopes to generate revenue through business subscriptions to the website.
3 | Page
Crystal Messer
FIN 317
Table of Contents
1. Brief 2
i. Location 2
ii. Type of customers 2
iii. Competitors 2
2. Why this type of business interests you? 2
3. Why do you believe it would be successful 3
Cafe Grill
Brief
This business is from the food and beverage industry. Café grill would be a fast-food restaurant chain like Mc Donald, Burger King, KFC, and other fast-food restaurants. And the type of business I am planning to start would be a partnership as it doesn’t require paying income taxes as each partner would have to pay tax based on personal income and it would have increased pool of knowledge, capital, and expertise.
Location
The location of the business Warner Robins, Georgia, USA. Since this would be the best location as would be the best fit because people would love to try something new when coming to Mc Donald’s and most of the restaurants and because the area of your food business will affect about as much as the menu. If your restaurant is at an inappropriate spot, you won’t attract customers you will require so as to remain in business.
Type of customers
The type of customers of café grill would be fast food lovers such as youngsters(these are the people who would love to spend most of their pocket money with friends ) , children( because they don’t prefer homemade food every time) and office going people( who don’t have time to make food would prefer to drive-thru).
Competitors
The main competitors of café grill would be Mc Donald’s, KFC, Burger King, Subway, Dunkin Donuts, Pizza hut, Wendy’s and Taco Bell as they all are direct competitors of café grill as because they have an almost similar target market and also selling nearly similar food.
Why this type of business interests you?
As an entrepreneur, I love to do creative and innovative things and I have an interest in cooking and trying new recipes so it is the passion and creativity that lures me to open a restaurant. Not only this but I am also a sociable person so restaurant business falls into the hospitability category business so I love to meet new people (greeting customers and solving their problems). In Addition to this, I possess strong stamina for working long hours and solving uncertain problems.
Why do you believe it would be successful?
The reason behind taking restaurant business is that eatery business is one of the most beneficial business in view of its developing demand as nowadays people want to dine out more in comparison to cooking meal at home and as per market research more than twice a week people like to dine ...
Coffee AllDay is a proposed coffee shop that will operate 24/7 in Sydney, Australia. The cafe will serve coffee, tea, snacks, and light meals. The owner's goals are to become well-known in Sydney and eventually expand throughout Australia. The business plan outlines the cafe's vision, products, target market, competition, and marketing strategy. Financial projections show increasing sales, profits, and positive cash flow over the first three years. Accounting software will be used to track finances and ensure tax compliance. The cafe aims to obtain necessary permits and operate successfully while meeting all legal requirements.
ACC604 COURSE PROJECTBUSINESS PLAN FINANCIAL PROJECTIONS rev..docxannetnash8266
ACC604 COURSE PROJECTBUSINESS PLAN: FINANCIAL PROJECTIONS
rev. 9-2009 by D. Schwartz
Objectives of the Project
This project is designed to provide students with the opportunity to gather and analyze the data needed to prepare the financial section of a business plan, and to synthesize the data into the form of a written report accompanied by projected income statements, cash flow statements, and balance sheets for the first two years of a four-year business plan.
The Purpose of Your Business Plan
Business plans are developed for various purposes, such as providing potential investors or lenders with a credible projection of revenue, profit, and capital requirements. The failure rate for small businesses is extremely high, often because the entrepreneur underestimated the amount of capital that would be required. The question to be answered by this business plan project: “How much capital (cash) will I need to invest, and when (in what months) will it be needed?” The answer will appear on the Cash Flow Statement in the form of any negative ending cash balance that results after all data other than owner investment has been entered.
The Business
You have spent the last 15 years in a high-paying but stressful job in a technology company, and have now decided to start a business of your own. Being an excellent cook, your plan is to open a specialty restaurant in an upscale suburban shopping mall. (You may select any nationality cuisine or other specialty you wish.) Your restaurant will serve lunch and dinner during the hours 11:00 a.m. to 9:00 p.m., seven days a week. Revenue is expected to average $10 per lunch patron, and $20 per dinner patron. Though you plan to do some advertising, you are counting on word-of-mouth recommendation by very satisfied customers as the primary source of your clientele. Your restaurant will accept cash or major credit card only, no checks or charge accounts.
You have found available restaurant space in a suitable location that you can lease for a term of 5 years at a monthly rental of $2,000 plus 3% of gross revenue. There is space for 10 tables seating four persons each, and an additional 10 tables seating two persons. You estimate that kitchen equipment, tables, chairs, and table settings will cost $60,000 to be financed by $12,000 in down payment and a $48,000 bank loan at 10% interest, the principal to be repaid in 48 monthly installments. Redecorating and remodeling is expected to cost $40,000, with another $10,000 for sales registers, computer system, and office equipment – all to be paid for in cash. An additional $10,000 in leasehold improvements and $5,000 in office equipment is anticipated for the second year of operation. For the purpose of calculating depreciation expense, you estimate that all equipment and furniture will have a useful life of 5 years which equates to a 20% annual straight-line depreciation rate.
Your savings are primarily in tax deferred retirement accounts, and cannot.
Dennis Stewart is proposing to establish a business called Country-side Jerk Centre that will prepare authentic Jamaican jerked meats. The business will be a sole proprietorship located in Port Antonio, Portland for its access to ingredients and customers. It will employ 10 people including chefs, cashiers, and delivery staff. Funding will come from loans and personal savings to purchase equipment and supplies. The entrepreneur's roles will include planning, organizing, and evaluating the business. Country-side Jerk Centre will engage in secondary production and domestic sales by preparing meats to customer orders. Quality control, technology, linkages, and ethical practices are discussed to ensure proper operation and growth of the business.
The document summarizes exit strategies for small businesses. It discusses reasons entrepreneurs exit businesses such as bankruptcy, retirement, or change in lifestyle. Common exit strategies presented include selling the business to employees through an ESOP, selling to a strategic or financial buyer, harvesting assets, or taking the business public. The document emphasizes the importance of developing an exit strategy from the start of a business and considering legal and financial aspects like valuation and separating personal and business finances. It also notes that obtaining advice from professionals and other entrepreneurs who have exited businesses is important for a successful exit.
The document discusses different exit strategies for business owners looking to transition out of ownership of their company. It outlines several options for exiting a business, including transitioning the company to become a lifestyle business, selling the company through an acquisition, transferring ownership to a family member or emotional partner, pursuing an initial public offering to sell shares on the stock market, or liquidating the company's assets. For each option, it provides brief highlights of potential pros and cons to consider when selecting an exit strategy.
The document provides an overview of Ford Motor Company's 2013 marketing plan for the new Ford Edge Hybrid vehicle. It includes an executive summary, introduction, company description highlighting Ford's values and history, strategic focus and goals. It also contains a situational analysis of trends, competitors and markets. The plan outlines objectives to introduce the 2013 Hybrid Edge in the US, China and Europe and increase hybrid vehicle sales and market share. Financial goals include boosting hybrid sales 100% and overall market share to 20% by 2013.
This business plan is for a partnership called Steamboat Leleh Restaurant. The restaurant will be located in Shah Alam, Selangor and will offer a buffet-style steamboat concept. It will seat 40 customers and project monthly sales of RM42,000 with 250 customers per month spending an average of RM28 each. Total start-up costs are RM54,371, with RM5,437 contributed by the partners and a RM48,934 bank loan over 7 years at 5% interest. The 5 partners each contribute RM1,087.50 in capital. The plan outlines the restaurant concept, market analysis, management structure, financial projections, and partnership agreement.
This document provides a business plan for Honeydew Meadery, a proposed mead production company. Key points include:
- The founders are Lewis Clarke and Marcus Aurelius, who bring experience in mead production, operations, and business management.
- The plan outlines trends of growing interest in mead, cider, and premium alcoholic beverages. It analyzes the competitive landscape and Honeydew's advantages.
- Two mead products are proposed: an apple-infused mead and a dry mead. Distribution will begin through the LCBO with a focus on quality, customer engagement, and marketing.
- Initial funding of $22,000 is required. An additional $85,000
The business plan outlines Kitty Zone Cat Shop, a partnership pet shop business located in Mukah, Sarawak. The plan provides details on the company name and ownership structure, initial capital contribution, target market analysis, marketing strategies, operations plan, and personnel requirements. The key points are that Kitty Zone aims to be a leading pet shop in the region by providing high quality products, services, and customer satisfaction to capture 50% of the estimated RM908,368 pet market in Mukah.
1) The document is a business proposal from DCC SDN.BHD for a cookies and cake service business in Bandar Tun Abdul Razak Jengka, Pahang.
2) It includes an executive summary, company background, objectives, organizational structure, product details, target market analysis, and administrative and marketing plans.
3) The target market focuses on residents and commercial areas in Bandar Tun Abdul Razak Jengka, which is described as a populated and well-located area providing opportunities for the cookies and cake business.
Business Plan Presentation Template - A FlackVentures ExampleKate Pynn
This business plan presentation template outlines the key elements to include when presenting a business plan, such as the company's mission statement, management team details, market analysis, product or service opportunities, competition, five-year goals and objectives, three-year financial projections, resource requirements, risks and rewards, and any key issues that need resolution. The template provides guidance on the type of information to present for each section to clearly communicate the company's vision, strategy, and financial expectations to stakeholders.
The elements of the marketing plan build the course of action for a company.
To help you succeed, we have put together the key components of a successful Marketing Plan.
Strategic business plan visionary statement indexDavide Zari
This strategic business plan proposes developing electricity from renewable sources at low cost and environmental impact. It discusses forming a new company called New Ventures to commercialize a new wind turbine technology called Company. New Ventures would manage the development, manufacturing, distribution and maintenance of Company turbines. The plan provides financial forecasts projecting profits from Company wind farms and the growth of New Ventures.
A business plan is a document that brings together the key elements of a business that include details about the products and services, the cost, sales and expected profits.
For some new managers, the idea of giving performance reviews and being responsible for others can be intimidating. For others, there are fears about how to manage people older than them. And then there are others who worry about being accepted by their new team. I too, had these fears. But over time, I have learned a lot from peers, from mentors, and from my own employees. I made some terrible mistakes, and I had some pretty good successes. These nuggets of insight are some of the best personal learnings I’ve had in my management career, and ones which I wish I knew when I started managing people.
The Manager's Resource Handbook is an online source of tools, templates and articles relating to business and management in the global environment. Our mission is the help managers and businesses succeed through the benefit of our experience. You can contact us at http://www.managersresourcehandbook.com.
This document provides a situational analysis and marketing plan for a logistics company called *Company Name that is seeking to enter the automotive parts market. It identifies the target markets as aftermarket auto parts retail chains and auto parts wholesalers. A SWOT analysis is presented, noting strengths like expertise and proprietary tracking software, and weaknesses like lack of contacts in the automotive industry. Market trends of offshoring auto parts production driving import growth are examined. Financial projections show growth opportunities in the auto parts market. The marketing strategy focuses on building brand awareness through industry events and magazines to penetrate this new market.
Example Business Plan Presentation - Steamboat Leleh normaisarah71
Example Business Plan Presentation -
POLITEKNIK SHAH ALAM
Please do not simply copy and paste the content of the presentation but take it as example.
Thank you.
Business Plan Sample - Great Example For Anyone Writing a Business PlanThe Business Plan Team
We are often asked for an example of a professional business plan. Here is one for a Technology (Hosting) company that we did 3 - 4 years ago which enabled the owner to secure an exit from the business. In terms of structure it is fairly typical of any business plan. However, there are some specific issues that you should address for a technology business that de-risks the plan for investors which a business plan writer should include. There is a post about this on our blog http://thebusinessplanteam.blogspot.co.uk.
If you are writing your own plan go to this section on our web-site where you can find links to affordable software here: http://www.thebusinessplanteam.co.uk/buy-business-plan-software.html
Alternatively, if you are looking for help developing your business plan and are looking to engage a business plan writer or business plan consultant take a look at some tips about how to select a consultant we have listed out here: http://www.thebusinessplanteam.co.uk/business-planning-consultants.html. You can also reach us on 0845 026 0198 if you would like to see how we can help.
The Unify Company is a new centralized web development company in the Caraga Region of the Philippines. It is led by CEO Ferdinand Balbin and aims to create a website that promotes tourism and allows local businesses to advertise their products and services. This centralized portal will help overcome the challenges of individual business websites having low visibility. The company works with the Department of Tourism to distribute promotional materials and hopes to generate revenue through business subscriptions to the website.
3 | Page
Crystal Messer
FIN 317
Table of Contents
1. Brief 2
i. Location 2
ii. Type of customers 2
iii. Competitors 2
2. Why this type of business interests you? 2
3. Why do you believe it would be successful 3
Cafe Grill
Brief
This business is from the food and beverage industry. Café grill would be a fast-food restaurant chain like Mc Donald, Burger King, KFC, and other fast-food restaurants. And the type of business I am planning to start would be a partnership as it doesn’t require paying income taxes as each partner would have to pay tax based on personal income and it would have increased pool of knowledge, capital, and expertise.
Location
The location of the business Warner Robins, Georgia, USA. Since this would be the best location as would be the best fit because people would love to try something new when coming to Mc Donald’s and most of the restaurants and because the area of your food business will affect about as much as the menu. If your restaurant is at an inappropriate spot, you won’t attract customers you will require so as to remain in business.
Type of customers
The type of customers of café grill would be fast food lovers such as youngsters(these are the people who would love to spend most of their pocket money with friends ) , children( because they don’t prefer homemade food every time) and office going people( who don’t have time to make food would prefer to drive-thru).
Competitors
The main competitors of café grill would be Mc Donald’s, KFC, Burger King, Subway, Dunkin Donuts, Pizza hut, Wendy’s and Taco Bell as they all are direct competitors of café grill as because they have an almost similar target market and also selling nearly similar food.
Why this type of business interests you?
As an entrepreneur, I love to do creative and innovative things and I have an interest in cooking and trying new recipes so it is the passion and creativity that lures me to open a restaurant. Not only this but I am also a sociable person so restaurant business falls into the hospitability category business so I love to meet new people (greeting customers and solving their problems). In Addition to this, I possess strong stamina for working long hours and solving uncertain problems.
Why do you believe it would be successful?
The reason behind taking restaurant business is that eatery business is one of the most beneficial business in view of its developing demand as nowadays people want to dine out more in comparison to cooking meal at home and as per market research more than twice a week people like to dine ...
Coffee AllDay is a proposed coffee shop that will operate 24/7 in Sydney, Australia. The cafe will serve coffee, tea, snacks, and light meals. The owner's goals are to become well-known in Sydney and eventually expand throughout Australia. The business plan outlines the cafe's vision, products, target market, competition, and marketing strategy. Financial projections show increasing sales, profits, and positive cash flow over the first three years. Accounting software will be used to track finances and ensure tax compliance. The cafe aims to obtain necessary permits and operate successfully while meeting all legal requirements.
ACC604 COURSE PROJECTBUSINESS PLAN FINANCIAL PROJECTIONS rev..docxannetnash8266
ACC604 COURSE PROJECTBUSINESS PLAN: FINANCIAL PROJECTIONS
rev. 9-2009 by D. Schwartz
Objectives of the Project
This project is designed to provide students with the opportunity to gather and analyze the data needed to prepare the financial section of a business plan, and to synthesize the data into the form of a written report accompanied by projected income statements, cash flow statements, and balance sheets for the first two years of a four-year business plan.
The Purpose of Your Business Plan
Business plans are developed for various purposes, such as providing potential investors or lenders with a credible projection of revenue, profit, and capital requirements. The failure rate for small businesses is extremely high, often because the entrepreneur underestimated the amount of capital that would be required. The question to be answered by this business plan project: “How much capital (cash) will I need to invest, and when (in what months) will it be needed?” The answer will appear on the Cash Flow Statement in the form of any negative ending cash balance that results after all data other than owner investment has been entered.
The Business
You have spent the last 15 years in a high-paying but stressful job in a technology company, and have now decided to start a business of your own. Being an excellent cook, your plan is to open a specialty restaurant in an upscale suburban shopping mall. (You may select any nationality cuisine or other specialty you wish.) Your restaurant will serve lunch and dinner during the hours 11:00 a.m. to 9:00 p.m., seven days a week. Revenue is expected to average $10 per lunch patron, and $20 per dinner patron. Though you plan to do some advertising, you are counting on word-of-mouth recommendation by very satisfied customers as the primary source of your clientele. Your restaurant will accept cash or major credit card only, no checks or charge accounts.
You have found available restaurant space in a suitable location that you can lease for a term of 5 years at a monthly rental of $2,000 plus 3% of gross revenue. There is space for 10 tables seating four persons each, and an additional 10 tables seating two persons. You estimate that kitchen equipment, tables, chairs, and table settings will cost $60,000 to be financed by $12,000 in down payment and a $48,000 bank loan at 10% interest, the principal to be repaid in 48 monthly installments. Redecorating and remodeling is expected to cost $40,000, with another $10,000 for sales registers, computer system, and office equipment – all to be paid for in cash. An additional $10,000 in leasehold improvements and $5,000 in office equipment is anticipated for the second year of operation. For the purpose of calculating depreciation expense, you estimate that all equipment and furniture will have a useful life of 5 years which equates to a 20% annual straight-line depreciation rate.
Your savings are primarily in tax deferred retirement accounts, and cannot.
Dennis Stewart is proposing to establish a business called Country-side Jerk Centre that will prepare authentic Jamaican jerked meats. The business will be a sole proprietorship located in Port Antonio, Portland for its access to ingredients and customers. It will employ 10 people including chefs, cashiers, and delivery staff. Funding will come from loans and personal savings to purchase equipment and supplies. The entrepreneur's roles will include planning, organizing, and evaluating the business. Country-side Jerk Centre will engage in secondary production and domestic sales by preparing meats to customer orders. Quality control, technology, linkages, and ethical practices are discussed to ensure proper operation and growth of the business.
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The document discusses the differences between adversarial and inquisitorial justice systems. In an adversarial system, two opposing parties present their cases before an impartial judge or jury, who determine the truth. In an inquisitorial system, the judge takes a more active role in investigating evidence and determining the truth. The adversarial system is argued to be more impartial and accurate in determining the truth in a case.
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T_vandeGroenekan_Bake My Day_Financial Analysis_Executive_Summary_Class_Proje...Tonya van de Groenekan
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1. 1
BUSINESS PLAN FINANCIAL SECTION
FRENCH BISTRO
BY: CHRISTINA CECIL
11/17/2014
ACC 604
2. When I was visited family in Seattle Washington I was able to go to Pier 57 which has a
shopping mall with several stories and few places to eat in it. The main places to eat in that
shopping center are Bubba Gump’s Seafood and a little cafe that serves sandwiches. With the
Seattle Area having access to fresh seafood I have decided to open up a French Bistro in the area
in the Seattle, Washington Pier 57 shopping mall.
By being in a good location with heavy foot traffic I hope to do little advertising and rely
more on my customers spreading the word about the restaurant by word-of-mouth advertising.
We will be able to seat up to 60 customers at a time having 10 tables that can seat 4 people each
table and 10 tables that can seat 2 people each table. Our image will be that of a classic French
bistro with authentic French decor and food. Since we are French Bistro we will serve authentic
dishes from the coastal regions of France. We also plan on decorating in classic French decor to
give the air of being in an upscale cafe on the coast in France. We will accept payments in the
form of cash or credit card. The credit card system will cost us $250 for the credit card
processing machine and additional processing fees of 1.95% per transaction for the credit card
processing company.
The typical person in Seattle, Washington is between the ages of 25 to 35 there are twice
as many males as there are females in the area the average household size is 2 people with an
annual average income of $75,539. The buying pattern of people in Settle is the major of
expenses coming from housing followed by transportation. People in Seattle spend about 12.8%
of their income on food related expenses with almost as much money being spent on eating at
home as is spend on eating out. Pier 57 is a very nice coastal region of Seattle of with great
attractions and beautiful views.
The average cost of advertising on a small billboard is $300 a month or will be $3,600
annually in the Seattle Washington area this will give the restaurant the potential to reach an
audience of up to 653,405 people. The kitchen equipment, table, chairs and table settings will
cost $60,000 and will be financed by $12,000 in down payment and $48,000 in a bank loan at
10% interest. The cost of remodeling is $40,000 with another $10,000 for sales registers,
computer system and office equipment which will all be paid for in cash. All equipment and
furniture should have a life span of 5 years and 20% annual depreciation rate. The rental space is
on a 5 year lease at $2,000 a month plus 3% gross revenue. With the equity in my home I can
obtain a line-of-credit loan for up to $75,000 at 8% interest this can be used as an additional cash
investment if needed by the business. Since the equity on the house is a personal loan it will not
appear on the company books.
The only borrowing the company can do in the first two years would be the $48,000 in
the bank loan. With not being on the payroll as a salaried employee I still hope to draw $4,000 a
month for living expenses which half of this amount can be treated as officer salaries and the
other half as payroll expenses. Based on the number of tables and the size of restaurant I will
need 8 employees that work on average 20 hours a week and at the minimum wage in Seattle
being $15 per hour. I have to also calculate in the $1,000 in yearly corporate attorney fees, and
$840 for state small business tax. The total for all of this will come to be $117,040 this does not
include my $4,000 a month for living expenses. Payroll system costs are $200 though Paychex
which is a payroll service and all checks and deposits will be recorded weekly though Peachtree
computer accounting software the bookkeeping will be done by my niece who will be paid $200
2
3. per month. A CPA will make any needed adjustments and compile a year-end financial statement
and prepare the federal and state tax returns for an estimated $2,000 annual fee.
3
To calculate the estimated volume of sales we can determine that on average we can
serve 60 customers per hour during the lunch rush which will be from 11am to 1pm and the
dinner rush which will be from 4pm-8pm the hours between these two rushes we can estimate
serving 40 customers per hour. This will lead us to making about $1,800 for the lunch rush and
$4,800 for the dinner rush. If during the time between the lunch and dinner rush we are able to
serve 40 customers per hour that would give us about $1,200 during the time frame of 1pm to
4pm. If we are able to serve an additional 40 people from 8pm to 9pm we would be able to make
$800 in the last hour of daily operations. This would give us a weekly sales projection of $23,048.
With the calendar year having 52 weeks in it we should be able to make roughly $310,976 in the
first year if the projected number of customers is accurate.
We have to get a bank loan of $48,000 to help finance the costs of kitchen equipment,
tables, chairs, and table settings. I will also have to obtain the line-of-credit loan of $75,000
using the equity on my home. I might also look into trying for a small business grant in the area
to help me with my start-up costs and to help insure a profit is being made within the first year of
operations.
The start-up cost will have to be estimated to figure out how much we will have to
borrow from the bank as well as if we will need additional loans in the future.
Fixtures and Equipment costs $60,000
Starting Inventory $0
Decorating and Remodeling $40,000
Installation of Equipment $10,000
Legal and Professional Fees $1,000
License and Permits $840
Advertising for the opening $3,600 yearly
Starting cost $115,440
Accounts Receivable $123,000
Operating Cash $12,000
Total amount to invest $135,000
Total: $19,558
This total does not include the rental costs, salaries, or my monthly $4,000 living
expenses this only takes into account the basis costs of starting up with the accounts receivable
being the loan amounts that I can obtain and the operating cash being the $12,000 I plan on
putting down on the equipment cost.
4. 4
Income Projection Statement Seattle
Gross Profit $23,048 $310,976
Controllable Expenses
Salaries/wages $9,600 $115,200
Payroll Expenses $4,000 $48,000
Legal/Accounting $250 $3,000
Payroll Account Program $200 $2,400
Advertising $300 $3,600
Supplies $3,406 $40,872
Utilities $1,000 $12,000
Miscellaneous $500 $6,000
Total Controllable Expenses $19,256 $231,072
Fixed Expenses
Rent $2,691.44 $32,297.28
Depreciation $250 $3,000
Insurance $162 $1,944
Licenses/Permits $70 $840
Loan Payments $1,000 $12,000
Miscellaneous $0 $0
Total Fixed Expenses $4,173.44 $50,081.28
Total Expenses $23,429.44 $281,153.28
Net Profit (Loss) Before Taxes $2,485.19 $29,822.28
Taxes $351.17 $4,214
Net Profit (Loss) After Taxes $2134.02 $25,608.28
Based on my income projection statement my restaurant should be able to turn over a
slow but steady profit while insuring that all of the bills are meet. By obtaining the loans needed
and by doing research on the area where I plan on opening up the restaurant I think that this
could be a worthy investment. As far as loans go I would not see that getting any addition loans
as being beneficial but having investment opportunities could be another way to get profits.
Another option could be to try for a small business grant or fundraising which could be done in
the form of vouchers or hosting community events.
Our methods of record keeping include using the payroll service Paychex to pay
employees on a bi-weekly term. We will also have my niece doing the book keeping on the
computer though a program called Peachtree which will be checked over by a CPA. We will also
5. 5
have records of all sales thought the computer systems we will use in ringing up customers’
orders.
As far as insurance goes as a restaurant we will have to have workman’s compensation,
property insurance, and unemployment insurance. The shopping mall comes with its own
security measures so having additional security is not needed.
Balance Sheet
Assets
Liabilities
Current Assets
Current Liabilities
Cash $62,000
Accounts Payable $3,406
Petty Cash $500
Notes Payable $0
Accounts Receivable $34,400
Interest Payable $4,800
Inventory $11,352
Fed. Income Tax $95,688.16
Short-term Investments $0
State Income Tax $0
Prepaid Expenses $162
Self-employment $4,000
Long-term investments $123,000
Sales Tax (SBE) 9.50%
Property Accrual $0
Fixed Assets
Long-term Liabilities
Land $0
Notes Payable 48,000
Buildings $0
Improvements $10,000
Total Liabilities $155,894.16
Equipment $5,000
Furniture $60,000
Net Worth (Owner Equity) 75,000
Other Assets
Proprietorship equity 0
or Corporation
Capital Stock 0
Surplus paid in 0
Retained Earnings
Total Net Worth 75000
Total Assets $306,414
Total Liabilities and Net
Worth $80,894.16
I believe that my restaurant will be successful because not only do we offer great food but
we also offer something no one else in the same general area is offering which is authentic
French costal cuisine. We also plan on doing some advertising and since Seattle is a commuter
city we believe that the small billboard along with great customer service, good food, and word
of mouth from our customer that we can be a very successful business.
6. 6
If I were to open this same business in a shopping center in Bakersfield, California the
statistics I would get would be different. Let us look at how things would change. By being in a
good location with heavy foot traffic I hope to do little advertising and rely more on my
customers spreading the word about the restaurant by word-of-mouth advertising. We will be
able to seat up to 60 customers at a time having 10 tables that can seat 4 people each table and 10
tables that can seat 2 people each table.
Our image will be that of a classic French bistro with authentic French decor and food.
Since we are French Bistro we will serve authentic dishes from the coastal regions of France. We
also plan on decorating in classic French decor to give the air of being in an upscale cafe on the
coast in France. We will accept payments in the form of cash or credit card. The credit card
system will cost us $250 for the credit card processing machine and additional processing fees of
1.95% per transaction for the credit card processing company.
The typical person in Bakersfield, California is between the ages of 30 to 35 there are and
equal number of males to females in the area. The average household size is 3 people with an
annual average income of $53,693. The buying pattern of people in Bakersfield is the major of
expenses coming from housing followed by transportation in their own cars. People in
Bakersfield spend about 10.2% of their income on food related expenses with almost as much
money being spent on eating at home as is spend on eating out. Rosedale area of Bakersfield
California is a newer up and coming area.
The average cost of advertising on a small billboard is about $300 a month or will be
$3,600 annually in the Bakersfield California area this will give the restaurant the potential to
reach an audience of up to 358,597 people. The kitchen equipment, table, chairs and table
settings will cost $60,000 and will be financed by $12,000 in down payment and $48,000 in a
bank loan at 10% interest. The cost of remodeling is $40,000 with another $10,000 for sales
registers, computer system and office equipment which will all be paid for in cash. All
equipment and furniture should have a life span of 5 years and 20% annual depreciation rate. The
rental space is on a 5 year lease at $2,000 a month plus 3% gross revenue. With the equity in my
home I can obtain a line-of-credit loan for up to $75,000 at 8% interest this can be used as an
additional cash investment if needed by the business. Since the equity on the house is a personal
loan it will not appear on the company books.
The only borrowing the company can do in the first two years would be the $48,000 in
the bank loan. With not being on the payroll as a salaried employee I still hope to draw $4,000 a
month for living expenses which half of this amount can be treated as officer salaries and the
other half as payroll expenses. Based on the number of tables and the size of restaurant I will
need 8 employees that work on average 20 hours a week and at the minimum wage in
Bakersfield being $8 per hour. I have to also calculate in the $1,000 in yearly corporate attorney
fees, and $800 for state small business tax. The total for all of this will come to be $63,240 this
does not include my $4,000 a month for living expenses. Payroll system costs are $200 though
Paychex which is a payroll service and all checks and deposits will be recorded weekly though
Peachtree computer accounting software the bookkeeping will be done by my niece who will be
paid $200 per month. A CPA will make any needed adjustments and compile a year-end
financial statement and prepare the federal and state tax returns for an estimated $2,000 annual
fee.
7. 7
To calculate the estimated volume of sales we can determine that on average we can
serve 60 customers per hour during the lunch rush which will be from 11am-1pm and the dinner
rush which will be from 5pm-8pm the hours between these two rushes we can estimate serving
40 customers per hour. This will lead us to making about $1,800 for the lunch rush and $3,800
for the dinner rush. If during the time between the lunch and dinner rush we are able to serve 40
customers per hour that would give us about $1,200 during the time frame of 1pm to 5pm. If we
are able to serve an additional 40 people from 8pm to 9pm we would be able to make $800 in the
last hour of daily operations. This would give us a weekly sales projection of $22,048. But this is
an overestimation of the selling since people in Bakersfield have less disposable income.
We have to get a bank loan of $48,000 to help finance the costs of kitchen equipment,
tables, chairs, and table settings. I will also have to obtain the line-of-credit loan of $75,000
using the equity on my home. I might also look into trying for a small business grant in the area
to help me with my start-up costs and to help insure a profit is being made within the first year of
operations.
The start-up cost will have to be estimated to figure out how much we will have to
borrow from the bank as well as if we will need additional loans in the future.
Fixtures and Equipment costs $60,000
Starting Inventory $0
Decorating and Remodeling $40,000
Installation of Equipment $10,000
Legal and Professional Fees $1,000
License and Permits $800
Advertising for the opening $3,600 yearly
Starting cost $115,400
Accounts Receivable $123,000
Operating Cash $12,000
Total amount to invest $135,000
Total: $19,600
This total does not include the rental costs, salaries, or my monthly $4,000 living
expenses this only takes into account the basis costs of starting up with the accounts receivable
being the loan amounts that I can obtain and the operating cash being the $12,000 I plan on
putting down on the equipment cost.
With the population of Bakersfield being half the size of Seattle, Washington being able
to make even close to same amount of sales will be extremely hard if not impossible.
8. 8
Income Projection Statement Bakersfield
Total net sales Monthly Total Annual Total
(Revenues) $32,200 $386,400
Costs of Goods Sold $11,352 $136,224
Gross Profit $20,848 $250,176
Controllable Expenses
Salaries/wages $5,120 $61,440
Payroll Expenses $4,000 $48,000
Legal/Accounting $250 $3,000
Payroll Account Program $200 $2,400
Advertising $300 $3,600
Supplies $3,406 $40,872
Utilities $1,000 $12,000
Miscellaneous $500 $6,000
Total Controllable Expenses $14,776 $177,312
Fixed Expenses
Rent $2,691.42 $32,297.00
Depreciation $250 $3,000
Insurance $162 $1,944
Licenses/Permits $67 $800
Loan Payments $1,000 $12,000
Miscellaneous $0 $0
Total Fixed Expenses $4,170.42 $50,041.00
Total Expenses $18,946.42 $227,353.00
Net Profit (Loss) Before Taxes $1,901.58 $22,823.00
Taxes $268.75 $3,225.00
Net Profit (Loss) After Taxes $1,632.83 $19,598.00
Based on my income projection statement my restaurant should be able to turn over a
slow but steady profit while insuring that all of the bills are meet. By obtaining the loans needed
and by doing research on the area where I plan on opening up the restaurant I think that this
could be a worthy investment. As far as loans go I would not see that getting any addition loans
as being beneficial but having investment opportunities could be another way to get profits.
Another option could be to try for a small business grant or fundraising which could be done in
the form of vouchers or hosting community events.
9. Our methods of record keeping include using the payroll service Paychex to pay
employees on a bi-weekly term. We will also have my niece doing the book keeping on the
computer though a program called Peachtree which will be checked over by a CPA. We will also
have records of all sales thought the computer systems we will use in ringing up customers’
orders.
9
As far as insurance goes as a restaurant we will have to have workman’s
compensation, property insurance, and unemployment insurance. The shopping mall comes with
its own security measures so having additional security is not needed.
Balance Sheet
Assets
Liabilities
Current Assets
Current Liabilities
Cash $62,000
Accounts Payable $3,406
Petty Cash $500
Notes Payable $0
Accounts Receivable $34,400
Interest Payable $4,800
Inventory $11,352
Fed. Income Tax $95,688.16
Short-term Investments $0
State Income Tax $26,656
Prepaid Expenses $162
Self-employment $4,000
Long-term investments $123,000
Sales Tax (SBE) 7.50%
Property Accrual $0
Fixed Assets
Long-term Liabilities
Land $0
Notes Payable 48,000
Buildings $0
Improvements $10,000
Total Liabilities $182,550.16
Equipment $5,000
Furniture $60,000
Net Worth (Owner Equity) 75,000
Other Assets
Proprietorship equity 0
or Corporation
Capital Stock 0
Surplus paid in 0
Retained Earnings
Total Net Worth 75000
Total Assets $306,414
Total Liabilities and Net Worth $107,550.16
I believe that my restaurant will be successful only if I open it up in the Seattle,
Washington area. In Bakersfield California it does not seem like I will be able to get enough
sales to make this invest worth the cost of starting up. Even with on doing some advertising and
10. relying on word of mouth I doubt sales will be enough to cover all costs incurred with the loans
and the operating cost.
10
The difference in profits and advertising effectiveness is huge between Bakersfield,
California vs. Seattle, Washington. The profit difference is $6010.28 that will be lost if the
restaurant is opened in Bakersfield vs being opened in Seattle. So by doing this comparison we
see that our money will be best spent setting up in Seattle rather than setting up in Bakersfield.