...MODERN COFFEE HOUSE The Legal, Social, and Economical Environments of Running and Operating a Modern Day Coffee House as the Sole Proprietor. Let’s Have A Cup or Glass of Iced Coffee. Abstract In this paper I will be describing the basic Legal, Social, and Economical Environments in owning and operating a modern Coffee House as a Sole Proprietor. I will describe in depth my options and decisions for obtaining the funds to start the company. I will then be describing the Legal aspects, the Social Environments involved, and the Economic Environments and all the decisions to be made as I plan a clear path to owning and operating a modern day Coffee House. Including how I plan to keep it up to date with the latest technologies. Better get a cup of Joe this might be a long read? It’s exciting times as I begin to research and explore the many options open to me as I begin to decide and create my plan of action for owning and operating a Coffee Shop as a sole proprietor. My first visit is to the SBA Direct Loan Services, as I have chosen this for my funding. The SBA has several loan packages for the small business owner. I will be applying in several different categories, as they have the Export Express Loan Program, (AIU Online Web Resources, http://www.sba.gov). At the SBA Web Site they have the Export Express Program, this program can be described as fast and easy as they have everything set up for the new business owner. In...
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...1.0 EXECUTIVE SUMMARY 1.1 INTRODUCTION This business plan is intended to serve as a starting point for a potential coffee shop at Kelana Jaya, Petaling Jaya. While the plan provides an extensive look into the feasibility studies of such an endeavour, we recognize that further research may be required before undertaking this business. We have provided all the financials including the balance sheet, income statement and cash flow statements. However, our research shows that the starting and sustaining of a coffee shop in the KJ area is viable, given the incredible demand for a community-oriented coffee destination. Asbek Coffee House is committed to providing quality coffee and related products in a relaxing community-based atmosphere. The shop will serve assorted drinks and baked goods in an environment conducive to business meetings and casual rendezvous alike. By serving a narrow product line, Asbek Coffee House will minimize the start-up and operating costs required and increase the likelihood of survival and sustainability. With a community focus, Asbek Coffee House will attract and retain consumers from the KJ who seek a gathering place in addition to quality coffee. 1.2 COMPANY SUMMARY Asbek Coffee House is a coffee shop that provides the KJ area coffee and food, a tranquil environment, and a step toward new development in the community. With the area in desperate need of new development, Asbek Coffee House was created with the intent to create a place for the KJ community...
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...are those that are fixed at two or more values within the relevant range. IA semi fixed cost is one that is [ fixed over some range of volume but the range is smaller than the relevant range used in analysis. Page 154 book 5.3 shows this ( complex ). 5.3) A. What is cost volume –profit (CVP) analysis? B. Why is it so useful to health service managers? A. Cost Volume Profit (CVP) is used to assess the effects of volume changes on costs- lets managers of alternative assumptions regarding costs, volume, processes. Total costs= Fixed + Total variable costs Cost-Volume-Profit (CVP) analysis is a managerial accounting technique that is concerned with the effect of sales volume and product costs on operating profit of a business. It deals with how operating profit is affected by changes in variable costs, fixed costs, selling price per unit and the sales mix of two or more different products. B. It useful to health care mangers in analysis in these groups listed below All cost can be categorized as variable or fixed, profit, Sales...
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...Purpose The purpose of this analysis is to analyze and determine if outsourcing our business processes would be the best business decision that we can make for Smith’s Information Services. There will be many aspects of outsourcing our business processes to consider, which will be contained within this document. This document will also serve to thoroughly provide outsourcing options, all at differing price points and feature levels. We will analyze each of these outsourcing options and provide evaluation criteria as the basis for how the bids are evaluated. Also, if BPO is the direction that the company chooses to go, a timeline will also be crucial to adhere to, to ensure that the project is completed within a reasonable amount of time. Current Situation Smith’s Information Services is at a pivotal point in its business cycle. While we have enjoyed many very successful years, several aspects such as increased costs and competition are forcing us to change the way that we do business. We are having to endure ever-rising hardware and software costs, as well as increasing costs to run our 24/7 data center. While there is a huge potential for growth in our business, with growth also comes increased costs. It is crucial to stay on the fore-front of change to remain competitive in this fierce business environment. We are doing business today in an electronic global environment, where we no longer have to be concerned with a competitor down the street from us – we now...
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...a bed, a cupboard, a small table and a washstand has largely been replaced by rooms with modern facilities For the purpose of this work a guest house is (also guesthouse) is a kind of lodging. In some parts of the world a guest house is similar to a hostel, bed and breakfast, or inn whereas in other parts of the world (such as for example the Caribbean), guest houses are a type of inexpensive hotel-like lodging and a hotel is a commercial establishment providing lodging, meals, and other guest services, both of which can be used interchangeably For this Project I would be using The Covenant University Guest House as my case study The Covenant University Guest house has 80 rooms which are divided into three categories; Executive deluxe rooms, mini suits and standard rooms. All rooms have intercoms, internet services and satellite television, it has a standard restaurant serving continental and national dishes,24hours room service, a mini mart, a gymnasium, laundry service with modern dry cleaning equipment, 3 large halls for exhibitions and conferences and a large secure cark park The Covenant University Guest house has 5 departments namely: 1. Housekeeping department 2. Laundry department 3. F&B(Food and Beverage) department 4. Accounting department 5. Front office department Front office is a business term that refers to a company's departments that come in contact with clients, including the marketing, sales, and service departments In the...
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...Boutique buys current fashions from design houses and consign vintage clothing and accessories which are eco-friendly. Define your business, products or services, and customers by differentiating a mission statement. Ensure that you are differentiating your product or service. This and That Boutique will carry new and vintage clothing, accessories (e.g., purses, shoes, and jewelry), and provide personal styling services. Our clothing selections will contain items purchased from major fashion design houses in New York, San Francisco, and Europe. We will purchase quantities in bulk, so we can offer our customer high-end brands at a low cost. To diversify and continue to provide affordable clothing and accessories, This and That Boutique will accept and sell high-end clothing through consignment. This will allow This and That Boutique to sell high-end products at a discounted price. The Boutique will generate revenue through this area of business by receiving a percentage from the consignment products that are sold. This and That Boutique customer focus areas will range from dressing and styling services for women attending social engagements, women who work in Corporate America, and women re-entering the workforce. We will offer seminars and workshops on “How to use your presence to accelerate your professional career?” Workshops will be provided to registrants for a fee and will be marketed to women working within the local business community. The seminars and workshops will...
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...Explain how Internet marketing has made a selected business more efficient, effective and successful (P5) Explain the challenges of globalization facing a selected business when using the internet as a marketing tool (P6) AIRBNB The success of the company for the last three years AIRBNB started in August 2008 and is located in San Fancisco. AIRBNB is a company that offers worldwide unique accommodations. These accommodations are from people, for example they going on vacation, but they don’t want that their house empty is that time. So they rent it to people who want to rent their house and the will pay for it. AIRBNB, make this thing possible. The last three years went very well for AIRBNB, because they exist about almost 8 years now. If you look further at the picture down the text. You see that these articles all from 2013, since that time they came more known for people. Before 2013 they didn’t much to support on this kind of way their company. AIRBNB says also that their company is still growing of the users, who want to rent their house or want stay in a house for a while. Now a days they have, With a own calculation, I think that 3 years ago that the figures were, 60.000.000+ total of guests. 37.500.000+ total of guests. 34.000+ total of cities. 21.250+ total of cities. 1.400+ total of castles. 875+ total of castles. 190+ total of countries. 119+ total of countries. 2.000.000+ of accommodations worldwide. 1.250.000 of accommodations...
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...Procter & Gamble: Global Business Strategy 1) What are the signs and signals that it is time to make a change in an organization? In today’s world, companies are constantly changing with the hope of gaining a competitive advantage. They must adapt to new technologies, different and improved processes, e-commerce, and new procedures in order to survive and flourish. Managing major and minor organizational changes have always been quite a problematic task for managers but deciding the best time to make these changes is often the most difficult. One of the first signs that a change is necessary is when the company’s industry is rapidly growing. It is essential for companies to adapt to these changes in order to stay in the market competitive. Having unhappy customers is also a sign that a change is needed. Customers often create new demand for newly launched types of products and services and it is the company’s responsibility to provide opportunities to meet these needs. Moreover, a strong economy generates an increase in demand for products and services which means that the company must consider expanding and this change might involve increasing staff and adding new facilities. On the contrary, a weak economy can create financial struggles and sometimes a company finds itself needing to cut expenses, increase low-cost marketing or steering the business in a different direction. Oftentimes, a company chooses to change their processes internally in order to maximize their...
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...hundred dollars a month for the two of us and I try to stretch that as far as I can, which is very challenging. I have to decide which bill to pay for the month and manage the other’s until I can get my hands on more money. I have had to sell some of my furniture just to make it through to the next payment comes in from the family services. Going for help was a very difficult moment for me being that I consider myself very independent and self sufficient. Efficient use of money can increase my goal to own a business one day. I must routinely plan a daily, weekly, and monthly schedule. Establishing a routine is essential in operating any organization. Planning a family daily or weekly schedule allows me to understand and count every penny I have. , I must maintain effective money management in order to keep all of my responsibilities intact. My son looks to me for all of his needs and to maintain an impact performance while handling the difficult day-to-day tasks of managing our house. He is thirteen so he is fully aware of the challenges we face every day, it has become too difficult to hide it from him. Organization is important in practicing money management. In my...
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...martins, particularly puts that close water. A changeless wellspring of new water is essential for purple martins and in addition different flying creatures. The suggested tallness of the mounting shaft for Purple Martin houses ought to be from 12 to 20 feet. The air space encompassing ought to be unhindered so they can travel back and forth in about all flight levels. The outside of the house painted white as it ready to mirror the warmth of the sun best, so martins picking white lodging to bring down less nestlings presented to warmth stretch. Common determination appears to have favored the decision of white lodging by martins. White...
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...New House Decision James Wilkerson XECO/212 Prof. Paul March 11, 2012 A New House Decision Buying a house is a decision that can have major consequences for someone if they buy at the wrong time. Purchasing a home is one of the biggest financial decisions that any one person can make. The strength of the economy can give you good information as to when to buy and when not to buy. Timing can be very beneficial for a buyer and understanding how to make the decision when to buy can have long term financial consequences for the buyer. In this case the buyer is me. When making a decision to buy a new house I will look at the principles people face tradeoffs, the price of something is what you give up to get it, rational people think at the margin, and people respond to incentives. While I want to buy a new house there are several different areas that I will look at before making the purchase. How much each home costs plays a role in my decision. It is important for me to live within my means of money so making the right choice will benefit me the most. Looking at new homes there may be two that are different in space, number of bedrooms, and price. I personally am looking for the most amount of space for the price that I can afford. I currently own the house that I have now and in order for me to buy it will have to be beneficial for me to give up what I have at the moment. I face tradeoffs of buying a new house verses...
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...Strategic Linkages Human Resource Management MGMT410 1. Why do you think it is important for HR to be a strategic partner to the business? Whenever an organization no matter how big or small makes its strategic decision to employ a sizable portion of its workforce from the contingency ranks, other Human Resources Management issues come to the head. This may include having virtual employees available whenever needed, or providing schedulling options that meet their needs, and making decisions about whether benefits will be offered to the contingent workforce. No organization can make the transition to a contingent workforce without sufficient planning. As such, when these strategic decisions are made, HRM must be an active partner in the discussions. After all, it is HRM’s responsibility to locate these temporary workers and bring them into the organization. Just as HRM has played an integral role in recruiting full-time employees, so too will it play a major part in securing needed just-in-time talent. Many companies today recognize the importance of people in meeting their goals. HRM must therefore balance two primary responsibilities: assisting the organization in its strategic direction and representing and advocating for the organization’s employees. Clearly, HRM has a significant role in today’s organizations. HRM must be forward thinking. HRM must not simply react to what “management” states. Rather, HRM must take the lead in assisting management with the...
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...the bathroom, taking a right, and sitting. My mother's closet, although a strange place to wander, would bring me comfort. Hiding among the clothes was like a shield against the outside world. There I could try on stilettos and pretend I was an important business woman like my mother. It was only until one day when I found something that horrified me: a brown, crinkled paper bag with a bottle of vodka hiding in it. My world was turned upside down. My stomach hurt and the clothes around me seemed to be watching my every move. Time slowed down as the realizations hit, leaving me to connect the dots between the strange events prior to this discovery....
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...& Williams house of Love Tamantha Williams ECO/561 December 5, 2011 Jay Brara “A business proposal is a written offer presented from a vendor that is intended to elicit business from a prospective buyer” (Maier, 2003). Economic principle is a “statements about economic behavior or the economy that enables prediction of the probable effects of certain actions” (McConnell, Brue, & Flynn, p. 6, 2009) “principles are incorporated into models, which are simplified representations of how something works, such as a market or segment of the economy” (McConnell, Brue, & Flynn, p. 6, 2009). * This paper will discuss a possible business proposal along with market structure, elasticity of demand, increasing revenue, profit maximization, how concepts of marginal cost and marginal revenue help to maximize profit, information needed to determine this, without this information, how would you make a decision. The paper will also discuss suggested mix of pricing and nonpricing strategies, barriers to entry, product/service differentiation and other ways to minimize cost for the service. An “Adult Care Home facility” is a place (home) where individuals call home who are competent but are no longer able to live alone. The individuals in the home live with minimal assistance and do not require the attention of a nursing home. An adult care facility is similar to a retirement community but is much smaller usually a single family dwelling that house up to three individuals...
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...remarkable key to run the business. Computers in restaurants are the key to create the experience that experts want to introduce to guests, to support the changes of a modern society and the information technology that is constantly changing; we are the consumers of a competitive world of technology. The technology that is being used in the business has become innovative and to take a look back on how restaurants ran before technology hit the industry is remarkable. Computers The biggest change in the restaurant business since the creation and introduction of the stove controlled by gas and the electric refrigerator is the implementation of computers (Mandabach, Blanch, Van Leeuwen, & Waters, 2006) “The restaurant industry is no longer a business of cigar boxes and order pads. In most cases restaurant managers use more technology than we used to send men to the moon” (Hamilton, 2004). The transcendental innovation of technology has created a competitive system between experts in the field and the philosophy to avoid looking back in time when restaurants used to run with just a kitchen and a few tables. Comparing the experience of a visit to a modern eating establishment with the same basic hospitality atmosphere versus a more typical restaurant, the chances are that thanks to the technology, the expectations are going to be higher as whole for the current generation than for old fashioned guests. Computers have become one successful tool in the business world (Scarborough &...
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