BUSINESS REPORT
£20-250 GBP
Pagado a la entrega
PRODUCT: KIDS NUSERY CHAIR
Cost of production: £8
Selling price: £20
Amount to borrow : 200,000
Business Report
Your assignment also requires you to provide a formal business report max 1,500 words,
to your Bank Manager regarding the launch of the same business that you presented in
your pitch (Section A). The word count excludes your appendices. You must include
within the appendices the supporting business documentation requested below.
Your final submitted report and appendix is to be submitted using the student portal. It
should clearly show your student number only (no names) be submitted no later than
11th August 2013 at 7pm sharp. Late submissions will be capped at 40% of your total
marks for this section. Any extenuating circumstances should follow proper procedures.
Marks will be returned via the student portal within two weeks of the deadline.
In the report:
Introduce your business and your idea to the bank manager and ensure you state how
much you intend to borrow and how you intend to make repayments.
Marks 5%
State your chosen business and what products you intend to sell and the cost price to
produce it and its intended selling price. Provide in your own words, background as to
the general price of these or similar goods available in the London area and who are
the competitors. Include sources for your research, and avoid making general
assumptions or remarks about the industry/market – the reader is more interested in
the financial aspects than the aesthetics of the product. (max 350 words),
Marks 15%
Explain in your own words how you arrived at the figures for each cost with supporting
assumptions regarding cost behaviour (fixed or variable), measurements, quantities
(including demand) and prices and also an explanation regarding which method of
pricing you used to arrive at the target selling price and the underlying assumptions to
support your figures for break even point. (max 550 words),
Marks 25%
Provide a suitable summary of the business report remarking on the figures from your
calculations and business documentation (appendices) (max 200 words).
Marks 5% Reflecting on your overall learning experience briefly discuss what you have gained
from undertaking the tasks in this assignment. Particularly how have you managed
your time, application of concepts covered in lectures and skills you have developed by
carrying out the pitch and report? (max 100 words).
Marks 5%
Marks will be awarded for innovation, originality of approach, report format & structure,
relevant references and quotations from suppliers if applicable and general
presentation Marks 5%
Section C Appendices to the Business Report:
Produce a per unit cost statement showing the main costs groups involved and the
calculation for target selling price.
Marks 5%
Calculate a breakeven point.
Marks 5%
Prepare a One (1) Year Operational Budget based on your cost structure and
production/sales pattern.
Marks 10%
Prepare a Five Year Budget Income Statement using marginal costing principles and
the following information:
o Your market is growing by 3.5% each year – only your sales and variable costs
will be affected
o You should plan to reduce fixed costs by 10% year on year
o Ignore Taxation
Marks 10%
Undertake a five year net present value appraisal of your new business, using the
following information:
Your initial investment costs are your total costs for the first year only
Your marginal profit is your net cash inflows
Cost of capital will be 8%
Ignore taxation and inflation
Marks 10%
Section B & C Total 100%
Nº del proyecto: #4770302
Sobre el proyecto
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