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For this assignment you will prepare a business plan for your own social event company. Your business plan should include, but not limited to, the following:
Business legalities
Organizing your office environment
Building a staff
Determining your target market
Marketing tool development
Social media
Managing your online reputation
Client relations
Vendor relations
Chapters 20 - 23 of the Daniels/Loveless textbook will help you execute your plan. Your plan should be a minimum of 5 pages double-spaced and you should include a separate APA source citation page with a minimum of 5 different reliable sources (our textbook can count as one of the five sources). This is an individual assignment.
Purpose: Creating a formalized business plan as related to a business in the social event arena.
Given the following information for O'Hara Marine Co., calculate the depreciation expense: sales = $42,000; costs = $21,300; addition to retained earnings = $7,250; dividends paid = $1,200; interest expense = $5,300; tax rate = 35 percent.
Inventory Management Calculate the average investment in inventory for each of the following situations. Assume a 365-day year. The firm's annual sales were $16 million, its gross profit margin was 34%, and its average age of inventory is 49 days.
Compute the average collection period.
Discuss your observations, or the client's observations, as to why the business challenge exists.
service contracts on its closed-loop water p system used in the manufacture of semicon ductor packages for microwave and high-speed digital devices.
The MCCG reflects global principles and internationally recognised practices of corporate governance which are above and beyond the minimum required by statute.
What would be Metro's loss or gain if interest rates fall by 100bp? How would you reduce Metro's exposure to interest rate risk? Reason.
How much money does Melinda need to deposit into her investment account today if she wishes to withdraw $8,000 a year for twenty years? She expects to earn an average rate of return of 11 percent. (Choose the closest answer, use present value of annu..
When comparing investment it is best not to rely solely on quoted rates. Compounding typically leads to differences between quoted and effective rates.
If all of Consolidated Widgets' sales are on credit, what would be the firm's operating cycle?
Which item goes not properly describe the par value of common stock?
Compare the various components of the cost of capital, and include the tax advantages, if any, in the explanation.
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