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Preparing the balance sheet and income statement

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Reference no: EM131529356

Topics of Discussion

Choose the group members / Choose the Project / Select a business name for Project

Assessment of Capital required and exploring the options of sources to get the capital

Finalizing the suitable location for the office to start the business

Selecting a Store location/Go down

Registering the Company name at MOCI (Ministry of commerce and Industry) and OCCI (Oman Chamber of Commerce and Industry)

Finalizing the various types of services we wanted to offer under the new company

Finalizing the organization structure and the required manpower for starting the business

Preparing and Documenting Work Procedures

Review of the presentation

Discussion of the marketing and financial plan

Discussion on SWOT Analysis

Advertising & Promotion Strategy

Overall Project Review

Finalizing the pricirig strategy Working on business targets

Finalizing the business premises procedures

Hardware and Software requirements

Preparing the balance sheet and income statement Total

Discussion:

We had a meeting with our group members to discuss about our project and finalize the project which we want to start and the project name which present the project, also in the meeting we did some brain storming to find if everyone in the team is interested about this project and they are in right place to do their duties in proper ways.

Our project is biased on organizing an event, that means covering all requirement for a perfect event. We found that all the members are interested to the wedding planning management, so our project is wedding planning management.

At end of our discussion we have to find a business name for our project, after much discussion one of members gave her opinion to create a name base on the first letter of group members name, which is AFNAS wedding event planner.

Verified Expert

This assignment is about creating a complete business plan and summarising the various discussions that had occurred with respect to the plan among the group of students keeping them as the conveners of the business. The timeline as provided in the assignment with the various discussion agenda are elaborated as required by the marking guide.

Reference no: EM131529356

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Reviews

inf1529356

7/24/2017 6:19:23 AM

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len1529356

6/13/2017 6:43:26 AM

Kindly go through the attached file in details and make sure to meet all the requirements in Marking Scheme page... Zero plagiarism Choose the group members / Choose the Project / Select a business name for Project Assessment of Capital required and exploring the options of sources to get the capital

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