Write a business plan for a child home daycare provider business including:
1. Executive Summary:
A. The Grab - Lead with the most compelling statement of why you have a really big idea. This sets the tone for the rest of the executive summary
B. Product/Service Offer - What specifically are you offering to whom?
C. Market Opportunity - Provides a basic Industry Analysis - size, growth and dynamics— how many customers &/or companies
D. Your Competitive Advantage - Understand what your real, sustainable competitive advantage is, and state clearly what it is.
E. Revenue Model – Estimate what revenue (sales), in dollars, your business will generate for your 1st year of business and 2 nd year and 3rd year.
2. Product or Service
Write 1-2 paragraphs that describe your what your company sells.
3. Market analysis You are to clearly describe your target market for your product or service, that is, clearly describe who your customers are.
4. Analysis of competition
– Top 2 companies in this Industry An analysis that in the writing demonstrates that you have a clear understanding of your competition.
5. Promotional Campaign Plan
Provide a detailed plan for how you are going to promote the opening “day” for your business. State in this section the date when that “opening day” will be.
6. Mission Statement
Use the information provided in CH 7 to write a mission statement for your business that is no longer than 2 sentences in length.
7. Three-year goals for your business
State 2 specific and measurable goals for year 1; 2 specific and measurable goals for year 2; and 2 specific and measurable goals for year 3 that your business will focus on and accomplish.
Write a business plan for a child daycare provider business including:
Executive Summary:
The Grab - Lead with the most compelling statement of why you have a really big idea. This sets the tone for the rest of the executive summary
Product/Service Offer - What specifically are you offering to whom?
Market Opportunity - Provides a basic Industry Analysis - size, growth and dynamics— how many customers &/or companies
Your Competitive Advantage - Understand what your real, sustainable competitive advantage is, and state clearly what it is.
Revenue Model – Estimate what revenue (sales), in dollars, your business will generate for your 1st year of business and 2 nd year and 3rd year.
Product or Service
Write 1-2 paragraphs that describe your what your company sells.
Market analysis You are to clearly describe your target market for your product or service, that is, clearly describe who your customers are.
Analysis of competition
– Top 2 companies in this Industry An analysis that in the writing demonstrates that you have a clear understanding of your competition.
Promotional Campaign Plan
Provide a detailed plan for how you are going to promote the opening “day” for your business. State in this section the date when that “opening day” will be.
Mission Statement
Use the information provided in CH 7 to write a mission statement for your business that is no longer than 2 sentences in length.
Three-year goals for your business
State 2 specific and measurable goals for year 1; 2 specific and measurable goals for year 2; and 2 specific and measurable goals for year 3 that your business will focus on and accomplish.
Appendix
8. Appendix
In: Operations Management
On January 1, 2021, Wright Transport sold four school buses to the Elmira School District. In exchange for the buses, Wright received a note requiring payment of $518,000 by Elmira on December 31, 2023. The effective interest rate is 9%
Required:
1. How much sales revenue would Wright recognize on January 1, 2021, for this transaction?
2. Prepare journal entries to record the sale of merchandise on January 1, 2021 (omit any entry that might be required for the cost of the goods sold), the December 31, 2021, interest accrual, the December 31, 2022, interest accrual, and receipt of payment of the note on December 31, 2023.
In: Accounting
You invest $8,000 in an on-line bookstore in the form of a corporation on Jan. 2. For the sake of simplicity, you are the only shareholder who owns this corporation. You also decide to take on $10,000 liabilities with 20% annual interest rate. You spend $6,000 cash to buy books as the inventory. Throughout the year, you sell half of books to students in exchange for $9,000 cash, that is, your revenue is $9,000 and COGS is $3,000. Also, $2,000 cash dividend is paid at the end of the year. Tax rate is 40%.
All entries of balance sheet are zero at the beginning of the year (Jan. 1).
What is the cash level at the end of the year?
In: Finance
Kamala is interested in buying a property for $150,000. The costs are as follow: $50,000 in yr 1 and 2 for repairs $10,000 in yr 3 and beyond for repairs She will start making money: $25,000 per year when she opens in yr 4 which will then start increasing by $40,000 each yr. By assuming all cash flows (with the exception of first costs) are end of period cash flows & the interest rate is seven percent 1. what is the present value(worth) of Kamala revenue through year 10? Is it + or negative? Could this be considered a good investment,why or why not? Please show work detailed, will upvote!(: thank you
In: Finance
Sparkle is one firm of many in the market for toothpaste, which is in long-run equilibrium.
a. Draw a diagram showing Sparkle's demand curve, marginal-revenue curve, average-total-cost curve, and marginal-cost curve. Label Sparkle's profit-maximizing outputand price.
b. What is Sparkle's profit? Explain.
c. On your diagram, show the consumer surplus derived from the purchase of Sparkle toothpaste. Also show the deadweight loss relative to the efficient level ofoutput.
d. If the government forced Sparkle to produce the efficient level of output, what would happen to the firm? What would happen to Sparkle's customers?
In: Economics
You invest $8,000 in an on-line bookstore in the form of a corporation on Jan. 2. For the sake of simplicity, you are the only shareholder who owns this corporation. You also decide to take on $10,000 liabilities with 20% annual interest rate. You spend $6,000 cash to buy books as the inventory. Throughout the year, you sell half of books to students in exchange for $9,000 cash, that is, your revenue is $9,000 and COGS is $3,000. Also, $2,000 cash dividend is paid at the end of the year. Tax rate is 40%.
All entries of balance sheet are zero at the beginning of the year (Jan. 1).
What is the book value of inventory (books) at the end of the year?
In: Finance
You invest $8,000 in an on-line bookstore in the form of a corporation on Jan. 2. For the sake of simplicity, you are the only shareholder who owns this corporation. You also decide to take on $10,000 liabilities with 20% annual interest rate. You spend $6,000 cash to buy books as the inventory. Throughout the year, you sell half of books to students in exchange for $9,000 cash, that is, your revenue is $9,000 and COGS is $3,000. Also, $2,000 cash dividend is paid at the end of the year. Tax rate is 40%.
All entries of balance sheet are zero at the beginning of the year (Jan. 1).
What is retained earnings balance at the end of the year?
In: Finance
You invest $8,000 in an on-line bookstore in the form of a corporation on Jan. 2. For the sake of simplicity, you are the only shareholder who owns this corporation. You also decide to take on $10,000 liabilities with 20% annual interest rate. You spend $6,000 cash to buy books as the inventory. Throughout the year, you sell half of books to students in exchange for $9,000 cash, that is, your revenue is $9,000 and COGS is $3,000. Also, $2,000 cash dividend is paid at the end of the year. Tax rate is 40%.
All entries of balance sheet are zero at the beginning of the year (Jan. 1).
What is net income during the year?
In: Finance
|
Potential Gross Income 100,000 sq. ft for the coming year |
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average rent $15.00 per ft. |
$ 1,500,000 |
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Less Vacancy Allowance (average 8%) |
$ (120,000) |
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Effective Gross Income |
$ 1,380,000 |
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|
Cleaning expenses (5% of net rev) |
$ (69,000) |
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Insurance ($ 0.02 per dollar replacement, R.C. = $40 per ft. |
$ (80,000) |
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Management & Maintenance (11% of revenue) |
$ (151,800) |
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Reserve for Replacement (savings for major repairs) |
$ (50,000) |
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Property Taxes ($0.10 per $100 of R.C.) |
$ (4,000) |
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|
$ (354,800) |
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Estimated Net Operating Income |
$ 1,025,200 |
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What is the NPV of this investment at a discount rate of 12% ? (use purcahse price of 9,500,00)
In: Finance
a.)What is the rate of return on the investment
b.)What is the net cash flows using an annual worth method
c.)What is the net cash flows using the present worth method
d.)What is the net cash flows using future worth Method
In: Finance