Balance Sheet Essays (Examples)

Balance Sheet Adjustments the Updated Balance Sheet

Balance Sheet Adjustments

The updated balance sheet for Module 2 is as follows:

Balance Sheet

Assets

Current Assets

Cash

Accounts Receivable

Inventory

Property, Plant, and Equipment

Equipment

Total Assets

Liabilities and Stockholder's Equity

Current Liabilities

Accounts Payable

Long-Term Debt

Long-Term Debt

Total Liabilities

Stockholder's Equity

Common Stock

Paid In Capital

Retained Earnings

Total Stockholder's Equity

Total Liabilities & Stockholder's Equity

Because the customer did not commit to the purchase, the Sales account would have been credited the 45,500 and the inventory account debited 45,500 to correct the original transaction. The computation of the cost of goods sold affects the income statement, not the balance sheet. Because the ending inventory was computed by using a physical account, the ending inventory would have adjusted itself to the 25,000 for the final balance sheet amount; therefore, no adjustment is needed (Kieso, 2008, p. 1175).

Managers often pay dividends before an IPO to keep from sending negative messages to the investing community or to adjust assets that have become overvalued from stock prices (Martin, 2009). The amount of cash on hand can send a negative message to potential investors and raise questions as to the reason for the offering. Managers may seek to reduce…… [Read More]

Balance Sheet Finance and Impairment

The attention on cases of impairment has generally been reduced, but this is expected to increase with the more emphasis placed on financial analysis and audits, a need generated by the contemporaneous economic crisis (Wayman, 2009). As an addition then, there have been developed complementary regulations. IFRS 3 for instance, states that while amortisation tests will not be conducted, impairments tests will still be performed. IAS 39 states that the interest income related to impaired credits would be recognized starting with 2005; more net present value calculation on impaired loans will be conducted (Nordea, 2005).

Impairment can be observed when the issuer encounters severe financial difficulties; he breaks the contractual terms with his partners; he becomes involved in dubious borrowing; it becomes likely that the company will declare bankruptcy or will be purchased by another entity; observation of financial statements. Impairment is generally measured with the aid of assets at amortised costs, assets compared to portfolio basis impairment, analysis of interest income on impaired assets, assets carried at cost or assets to be sold by the company. It can be reversed if the impairment decreases and if this decrease can be related to an event after impairment was recognized (Website…… [Read More]

Apple and Philips Balance Sheet Analysis This

Apple and Philips Balance Sheet Analysis

This text examines the balance sheets of both Apple and Philips in greater detail. Amongst other things, the paper will identify a number of differences between IFRS and U.S. GAAP as far as valuation approaches are concerned. Further, in addition to discussing a number of balance sheet items, the paper will also highlight the main differences between the balance sheets of the two companies.

Valuation Differences: U.S. GAAP vs. IFRS

There are several differences that exist between IFRS and U.S. GAAP. This is more so the case when it comes to the valuation of inventory, asset valuation as well as revenue recognition. The two differences I cite herein are largely in regard to valuation. To begin with, assets revaluation is not permitted under U.S. GAAP (Ernst and Young, 2011). However, when it comes to IFRS, "revaluation is a permitted accounting policy election for an entire class of assets, requiring revaluation to fair value on a regular basis" (Ernst and Young, 2011). It is also important to note that when it comes to inventory valuation, LIFO is permitted under U.S. GAAP but prohibited under IFRS (Ernst and Young, 2011).

Balance Sheet Items

In basic terms,…… [Read More]

Off Balance Sheet Items

Balance Sheet Items

Off-Balance Sheet Items

This paper examines off-balance sheet items and their treatment in financial systems analysis. Balance sheets consist of information about a company's assets, liabilities, and owner's equity. Off-balance sheet information is described as any activity a company can engage in but not report on its balance sheet. Frequently these activities relate to liabilities incurred by companies. In some cases companies that attempt to keep information off-balance sheet may do so illegally, intending to present a stronger financial position (Thomason, 2011).

Off-Balance Sheet Accounting

Off-balance sheet accounting is a form of accounting for assets, debts or other financing activities that are not included on a company's main balance sheet. A company's financial wealth is typically determined by the total assets minus total liabilities listed on the balance sheet; if this number is positive, then the company has created financial wealth (Vitez, 2010).

Generally accepted accounting principles (GAAP) give companies the option of maintaining separate legal entities for accounting and tax purposes. Companies use off balance sheet accounting rules to transfer risk from the parent company to its subsidiaries, thereby protecting its investors, lenders, or other business interests. Subsidiary companies are also used to create new financing…… [Read More]

Off Balance Sheet Financing

Balance Sheet Financing

The SEC's definition of "off-balance sheet arrangement" includes any contractual arrangement to which an unconsolidated entity is a party under which the registrant has any obligation under certain guarantee contracts, a retained or contingent interest in assets transferred to an unconsolidated entity or similar arrangement that serves as credit, liquidity or market risk support to that entity for such assets; any obligation under certain derivative instruments; any obligation under a material variable interest held by the registrant in an unconsolidated entity that provides financing, liquidity, market risk or credit risk support to the registrant, or engages in leasing, hedging or research and development services with the registrant. [footnoteRef:1] [1: http://www.sec.gov/rules/final/33-8182.htm]

PROBLEM, JUSTIFICATION, LEGALITIES and ETHICS:

Although off balance sheet financing is legal, several technicalities may be exploited, substantial liabilities may be removed from the balance sheet and certain obligations may not be disclosed at all. This may create a materially misleading picture of the company's finances. Such unchecked practices may prove to be severely detrimental to the company's financial health as demonstrated in the following examples. However companies often use off-balance-sheet financing to keep their debt to equity and leverage ratios low leading to a lower cost…… [Read More]

Wmt Balance Sheet A the Most Recent

WMT Balance Sheet

a) The most recent balance sheet for Wal-Mart comes from the company's 8-K for the year ended January 31, 2011. The short-term liabilities for Wal-Mart were $58.484 billion. The long-term liabilities were $53.637 billion. Long-term debt is a component of the long-term liabilities and is listed at $43.482 billion.

b) At that point in time, the number of shares outstanding was 3.561 billion. The most recent price per share is $51.96. The market value of the equity in the company therefore is $185.03 billion.

The debt ratio is the total liabilities divided by the total liabilities + equity (aka total assets). This is $112.121 / $180.663 = 62%.

The debt-to-equity ratio is the total liabilities divided by the equity. This is $112.121 / $68.542 = 1.64

I consider these values to be within the acceptable range. They are closer to being too large, however. The company is highly leveraged, which implies a growth model. Wal-Mart's revenue, however, indicates that the company is not growing rapidly. Revenues have only increased by 4.2% in the past two years. Given the company's size, it is likely entering a state of maturity, particularly in the core U.S. market. Given that, Wal-Mart…… [Read More]

Off Balance Sheet Instruments

Balance Sheet Instruments

Describe how each of the "off-balance sheet instruments" (swaps, forwards, futures, options) helps in mitigating foreign exchange risk.

A swap is the exchange of one security for another security because investment climate has changed. Recently, swaps have grown to include currency swaps and interest rates swaps, to take account of changing exchange rates and thus mitigating risk. ("Swap," Investopedia) Similarly, in currency forward contracts, the contract holders are obligated to buy or sell the currency at a specified price, at a specified quantity, and on a specified future date. These contracts cannot be transferred and thus prevents a potential loss, should exchange rates change and render the contract less profitable than originally intended for one of the parties involved. ("Currency Forward," Investopedia) Futures are financial contracts that obligate the buyer (seller) to purchase (or sell and deliver) financial instruments or physical commodities at a future date, regardless of currency exchange. Thus these contracts protect the seller should the buyer wish to pull out of the contract, if the risks…… [Read More]

EMH and Off Balance Sheet

This indicates that none is capable of outperforming the market with the use of something that 'that everybody else knows'. Still there exists a number of financial analysis those study the past trend of stock prices and the trend in trading volume as an effort to generate profit. Such technical analysis is viewed by Efficient Market Hypothesis as not effective in forecasting the variations in the fluctuations of future prices. The semi-strong form of Efficient Market Hypothesis reflects that all openly available information is already integrated into the asset prices. Speaking other way, all openly available market information is completely reflected in the current price of the securities.

The public information depicted not only the past prices but also includes the data published in the financial statements of the company, the declarations made in the company, economic and others factors. It also specifies that none is capable of outperforming the market with utilization of the information that everybody knows. This ensures that the financial statements of the company are not considered to be of much use in predicting the future trends of price fluctuations and securing high investment returns. The strong form of Efficient Market Hypothesis specifies that the private…… [Read More]

Financial Analysis the Balance Sheet Shows That

Financial Analysis

The balance sheet shows that most line items have a change that is greater that is 5%. This report will attempt to explain the wild fluctuations in the numbers from one year to the next.

With respect to the current assets, the decline in the cash position can probably be explained by the increase in the inventories and the accounts receivable. They are having problems collecting from their customers, apparently, and this has led to a situation where the receivables turnover has decline substantially. The result is that the asset remains as accounts receivable, instead of having been converted to cash. Patton-Fuller's own business might be in decline as well -- revenues are up but inventories are as well. This might point to poor inventory management, since without a decline in revenues the hospital has allowed its inventories to more than double.

With respect to the long-term assets, combined with the long-term liabilities, it is evident that the hospital went deeply into debt in 2009, increasing its net long-term debt by 113.76%. This is matched in part by an increase in plant, property and equipment of 41.29%. The remainder of the increase in debt is not accounted for…… [Read More]

Financial Reports Balance Sheet Merck Discloses on

Financial Reports

Balance Sheet

Merck discloses on its balance sheet the following components of stockholders' equity: capital stock, retained earnings, additional paid-in capital, treasury stock and accrued gains/losses. Novartis reports retained earnings, additional paid-in capital and treasury stock only. Neither of these companies has any preferred shares outstanding.

Both companies report treasury shares. Merck notes in its annual report that the Board "approved the purchase of up to $5.0 billion of Merck's common stock for its treasury. The treasury stock purchases have no time limit and will be made over time on the open market, in block transactions or in privately negotiated transactions." There are no reasons given for the purchase of treasury stock but there have been regular purchases of treasury stock over the past several years at Merck.

For its part, Novartis does outline in its annual report the point of its treasury stock purchases. It notes that "These shares will be kept as treasury shares principally for future employee participation program purposes." As with Merck, Novartis makes regular purchases of share for treasury stock, though at some point it is expected that the company will need to give those shares out as part of this employee rewards…… [Read More]

Financial Reports Pickett Company Balance Sheet Assets

Financial Reports

Pickett Company

Balance Sheet

Assets

Cash

Accounts Receivable

Equipment (Net Depreciation)

Inventory

Total Assets

Liabilities

Accounts Payable

Long-term Debt

Total Liabilities

Stockholder's Equity

Common Stock

Paid In Capital

Retained Earnings

Total SE

Total SE & Liabilities

Pickett Company

Income Statement

Revenue

Cost of Goods Sold

Gross Income

Expenses

Depreciation Expense

Insurance Expense

Marketing

Miscellaneous Expense

Property Tax

Rent Expense

Salaries

Utilities

Total Expense

Net Income

Since the Inventory was an actual $75,000, Inventory, Retained Earnings, and Net Income was adjusted with a decrease of $3,650. Cost of Goods Sold was adjusted with an increase of $3,650. The customer's check of $10,000 adjusted cash with an increase of $10,000 and Accounts Receivable with a decrease of $10,000.

"A business that shows increased retained earnings balances is definitely making a profit because accounting income flows directly through the accumulated profit account." (Codjia). The net income is added to the retained earnings. Retained earnings increased the amount of net income. The company is making…… [Read More]

Financial Statement Review Costa Company Balance Sheet

Financial Statement Review

Costa Company

Balance Sheet

Assets

Cash

Accounts Receivable

Equipment (net of depreciation)

Inventory

Total Assets

Liabilities

Accounts Payable

Long-term Debt

Total Liabilities

Stockholder's Equity

Common Stock

Paid in Capital

Retained Earnings

Total Stockholder's Equity

Total Liabilities and Stockholder

Equity

Costa Company

Income Statement

Revenue

Cost of Goods Sold

Gross Profit

Expenses

Depreciation Expense

Insurance

Marketing

Misc Expense

Property Taxes

Salaries

Utilities

Rent

Total Expenses

Net Income

Balance Sheet errors effect the presentation of assets, liabilities, and equity where the Income Statement errors effect the classification of revenues and expenses (Kieso, Weygandt, & Warfield 2008, p 1174). The physical count of inventory shows the asset was overstated by $10,000. The omission of the sales transaction and the check showed the cash to be understated by $5,000 and the retained earnings to be overstated by $5,000. On the Income Statement, the Cost of Goods sold was understated by $410,000, Revenue was understated by $5,000, and Net Income was overstated by $5,000.

In determining profitability, the gross profit rate measures sales over…… [Read More]

Alleg Balance Sheet Current Assets Cash 13 000

Alleg Balance Sheet

Current assets:

Cash

$13,000

Market Securities

$17,000

Account receivable

$26,000

Inventories

$30,000

Total Current assets

$86,000

Plan and equipment:

Land and buildings

$57,000

Machinery

$125,000

$182,000

Less Accumulated depreciation

Total Plant Equipment

$61,000

$121,000

Intangibles:

Goodwill

$8,000

Patents

$10,000

$18,000

Other Assets

$50,000

Total Assets

$275,000

LIABILTIES AND STOCKHOLDERS EQUITY

Current liabilities

Accounts payable

$15,000

Current maturities of long-term debt

$11,000

Total Current Liabilities

$26,000

Long-Term Liabilities

Mortgages payable

$80,000

Bonds payable

$70,000

Deferred Income Taxes

$18,000

Total long-term liabilities

$168,000

Stockholders' equity:

common stock no par value

21000 shares authorized at $1 par valu,

10000 shares issues

$10,000

Additional paid in capital

$38,000

Retained Earnings

$33,000

Total Stockholder's equity

$81,000

Total Liabilities and Stockholders equity

$275,000

Case 3-8

a. Special Note

1. This was prepared using the Financial Reporting Standards or IFRS.

2. This was not reconciled with the U.S. Or the U.S. GAAP.

3. The statements comply with HKFRS and the standards are not identical.

b. Audit Report

1. Two years of 2007 and 2008.

2. IFRS standards were used.

3. The internal group maintained effective control.

4. Ultimately the responsibility falls on the Group's leadership branch to maintain legal and fair reporting standards.

5.…… [Read More]

Ratio Analysis the Balance Sheet and the

Ratio Analysis

The Balance Sheet and the Statement of Income are essential, but they are only the starting point for successful financial management. Apply Ratio Analysis to Financial Statements to analyze the success, failure, and progress of your business.

Ratio Analysis enables the business owner/manager to spot trends in a business and to compare its performance and condition with the average performance of similar businesses in the same industry. To do this compare your ratios with the average of businesses similar to yours and compare your own ratios for several successive years, watching especially for any unfavorable trends that may be starting. Ratio analysis may provide the all-important early warning indications that allow you to solve your business problems before your business is destroyed by them.

Balance Sheet Ratio Analysis:

Important Balance Sheet Ratios measure liquidity and solvency (a business's ability to pay its bills as they come due) and leverage (the extent to which the business is dependent on creditors' funding). They include the following ratios:

Liquidity Ratios

These ratios indicate the ease of turning assets into cash. They include the Current Ratio, Quick Ratio, and Working Capital.

Current Ratios

The Current Ratio is one of the best known…… [Read More]

Financial Statement Usefulness the Balance Sheet Is

Financial Statement Usefulness

The Balance Sheet is a statement that tells the assets, liabilities, and net worth of an individual or business at a specific date. It provides information about the nature and amounts of investments, obligations to creditors, and owner's resources and helps in predicting the amounts, timing, and uncertainty of future cash flows (Kieso, 2008). The Balance Sheet is used to access liquidity, solvency, and financial stability.

For an individual, the Balance Sheet can keep track of an investment portfolio and tell the individual what is owned, the costs of the assets, fees, etc., and what the overall portfolio is worth. It can be used to assess the individual assets for worthiness. It can keep track of assets the individual owns, such as cash, savings, etc., and obligations owed to creditors to tell the individual's overall financial worth. Using the Balance Sheet can help an individual assess spending habits and how the spending can be reduced to build worth for solvency and liquidity for emergencies and retirement. It can be used to assess for improvement in financial management and how to grow the individual's financial worth looking for more opportunities.

For the business manager, the Balance Sheet is…… [Read More]

Stock Is Listed on the Balance Sheet

Stock is listed on the Balance Sheet under Stockholder's Equity. Common Stock is an equity account. The balance of this account represents the total value of all the company's outstanding common stock. Common Stock is owned by stockholders who hold rights to the company's assets. If the company liquidates the stockholders are entitled to the assets after all other obligations have been paid and the remainder divided based on the type of stock and how many shares the stockholder owns.

Equipment is listed on the Balance Sheet under the under Long-Term Assets. This is an asset account. The balance of this account represents all the equipment owned by a company that is used in the course of operations and is not sold as inventory. The balance of this account represents the balance of the Equipment Account less the Accumulated Depreciation of the assets.

Accounts Receivable is located on the Balance Sheet under Current Assets. It is an asset account. The balance of this account represents all money that is owed by customers who have bought inventory on credit. The balance of this account decreases as customers pay their bills and increases as customers purchase more products or services on credit.…… [Read More]

Bs - Tableau Balance Sheet

2 978.8

Gross margin 236.4 265.2 307.8 326.3

Operating expenses:

Administrative 169.4 202.8 236.1 249.3

Depreciation 10.8-11.4-13.6-14.4

Operating income 56.1-51.0-58.1-62.6

Interest 7.0-6.0-5.0-4.0

EBT 49.1-45.0-53.1-58.6

Taxes 19.7-18.0-21.2-23.5

Net income 29.5-27.0-31.9-35.2

ratios - Tableau 1

Financial Management 2012 Name

Due December 16th 2012

Holly Fashions Industry

Average

2003 2004 2005 2006 2003-06 Formula for ratio

RATIOS

Current Ratio 70.60% 1.7 Current assets / Current liabilities

Quick ratio (Acid-test ratio) 2.02 0.8 Cash + Investments Recievables / Current Liabilities

Debt Ratio (Debt to Total Equity) 7.26-57.0% Total Debt / Total Assets

Times interest earned 13.36 3.9% of Interest

Inventory Turnover (times per year) 5.1-6.0 Cost of Goods / Inventories

Days receivables outstanding (average collection period) 62.8-50.0 Accounts receivable / total sales *Number of days

Average payment period (days purchases outstanding) 23.58-25.0 Accounts Payable / Average Purchases per day

Gross profit margin (Gross margin) 24.90% 26.0% Sales-Costs of Goods Sold / Sales

Net Profit Margin (Profit Margin) % 56.00% 3.1% Net Income / Revenue

Operating Profit Margin % 25.60% 7.2% Operating Income / Net Sales

Data from Financial Statements 2003 2004 2005 2006

Inventories 117.0 121.1 193.4 191.9

Accounts Recievable 153.2 158.9 175.1 224.8

Total current assets 316.5 338.0 414.5 435.1

Total assets 44.8-58.9-78.1-96.4…… [Read More]

Accounting for Off Balance Sheet

Balance Sheet Activities

Off-sheet balance activities are of particular interest to investors as well as the Financial Accounting Standards Board (FASB) because these accounts can be difficult to identify and track and, in some cases, can even represent hidden liabilities. The definition of an off-balance sheet item is simply one that is an asset or debt that does not appear directly on a company's financial statements (Investopedia, N.d.). One of the most common examples of an off-balance sheet activity generally comes in the form of an operating lease. The primary company in this scenario does not have a legal claim or responsibility for the property and they simply lease the property from a subsidiary operation that was created to handle the real estate needs of the primary operation.

One of the issues that is commonly present in such an arrangement deals with the terms of such arrangements. Since the two companies are often extremely closely related to one another, the terms of these off-balance sheet leases can often be manipulated for various accounting objectives. For example, if a company wanted to minimize the profitability of its primary operations for tax purposes, or any other objective, then it could have the…… [Read More]

Balance Sheet Financial Analysis Is Critical to

Balance Sheet

Financial analysis is critical to determining the intrinsic value of a company. Analysts, hedge funds, institutional investors and retail investors alike all use various forms of information to determine a fair price to pay for a security. This information is generally acquired through the financial statements of the particular company being researched. In addition to the many forms of information gathering within the market, there are also many philosophies that determine the underlying characteristics of individual investors. First, there is a value philosophy predicated on locating stocks well below their intrinsic value with a predetermined margin of safety to account for errors of judgment. This philosophy attempts to identify undervalued securities. Likewise, there is a growth philosophy which is focused primarily on the future growth trends within a particular industry. There are many philosophies that govern investment behavior with these two constituting the vast majority. No matter what the philosophy is of an investor, he or she will undoubtedly glance at the annual report of a company to help determine its value. The balance sheet is a great indicator of company value and management expertise. The composition of a manufacturing company will be somewhat different then that of…… [Read More]

Balance Sheet A Using the 2012 Annual

Balance Sheet

a) Using the 2012 Annual Report, which reflects the fiscal year ended December 31, 2012, Facebook lists short-term liabilities on its balance sheet of $1.052 billion, split between several categories. The largest of these is the accrued expenses, followed by the capital lease obligations. The long-term debt on the company's balance sheet is $1.50 billion with the total long-term liabilities being $2.296 billion.

b) The market capitalization of Facebook is $107 billion, according to Yahoo Finance.

The debt ratio of the company, using the book value of the company's equity, is 3348 / 15103 = 22.1%. The debt-to-equity ratio is 3348 / 11755 = 28.6%.

For short-term liabilities only, the STL Debt ratio is 1052 / 15103 = 6.9% and the STL/Equity ratio is 1052 / 11755 = 8.9%. The LTD debt ratio is 2296 / 15103 = 15.2% and the LTL/Equity ratio is 2295 / 11755 = 19.5%.

I would consider these ratios to be the right size for Facebook. There are a few reasons for making that assessment. The first is that Facebook is a young company with relatively uncertain cash flows. That implies that it should take a conservative view of debt, and not keep…… [Read More]

Balance Sheet Is a Good

Capital structure decisions can be deliberate as well, yet an analyst without knowledge of the firm's intentions could make an entirely different determination about the validity of the firm's capital structure if based only on the balance sheet. At a minimum, the income statement is also required and in most cases much more information than that is needed to make an accurate assessment of the firm's financial condition (Kennon, 2010).

Essentially, the balance sheet is a useful tool for analysis, but it must be taken into context with a wide variety of other information, not all of which will be in the notes. In that regard, financial statements are limited and the analyst is recommended to consider those limitations when undertaking an analysis of the balance sheet.… [Read More]

Balanced Scorecard the Company That I Am

Balanced Scorecard

The company that I am going to study is Google. This company makes most of its money from online advertising. While it has a wide range of different services and products -- Android and Chrome being to prominent ones -- advertising is where it makes its money. The mission of Google is to "organize the world's information and make it universally accessible and useful" (Google.com, 2013). The company does not have an explicit vision statement. It competes on a differentiated strategy. This means that it seeks to sell more ads than its competitors by delivering the most eyeballs, but also by being able to provide significant data about those eyeballs. Google sells ads, therefore, by allowing its customer to better target their ads, something that adds value. Competing on value-added is typically associated with a differentiated strategy.

Google has a rather exceptional financial situation, in that it is wildly profitable. As a result, it has an exceptionally healthy balance sheet that features some $50 billion in cash (MSN Moneycentral, 2013). This gives the company an interesting perspective compared with most companies it that it really does not need to make money. It also highlights something interesting about the…… [Read More]

Balanced Scorecard Google's Internal Business Processes Are

Balanced Scorecard

Google's internal business processes are surprisingly informal for a group of engineers. Rather, Google likes to encourage the creative side of their workers, and so there is an emphasis on projects, even where there is no clear objective at the outset. The company also embarks on projects where there is no clear profit potential -- such is life at a company with $50 billion in the bank. The reality is that Google does all of this because it recognizes the importance of intellectual property in its success. The company hires great people, but then it allows them to innovate and perform, and the internal operations are specifically design to remove constraints to innovation.

On the more conventional side of the business, where Google runs the advertising business that makes all of its money, the company does have more formalized business processes. There is still an element of innovation but the company also recognizes that it needs to be able to deal with its customers, provide service and other more mundane elements of doing business and making money. With these processes, Google tries to automate a lot of it, but it also seeks to keep the processes simple for…… [Read More]

Financial Perspective and Balanced Scorecard

BALANCED SCORED CARD & THE FINANCIAL PERSPECTIVE

The Balanced Scorecard & the Financial Perspective

CCRC (Cattaraugus County Rehabilitation Center) is a non-profit organization that focuses on the rehabilitation of disabled people in order to improve their quality of life. The organization also delivers the comprehensive services for disabled people to achieve maximum independence. Similar to the for-profit organizations that used balanced scored to maximize their revenues, the Center also attempted to use the strategy planning tools to enhance its effectiveness, however, the organization faced several challenges in its implementation. The new Director of the Strategic Planning introduced the Balanced Scorecards tool "to cascade strategic planning throughout the entire organization." (Martello, Watson, Fischer, 2008, p 72). The goal of using the Scorecard is to align each area of the organization with the overall strategic plan.

This paper argues that the organization has done a good job by implementing the Balanced Scorecard to reflect the organizational vision and mission.

Analysis

The outcomes of the implementation of the Scored card reflect from the organizational vision and mission. The mission of the Center is to improve the quality of disabled people using the strategies to access and provide comprehensive services to each individual in…… [Read More]

Implementation of Balance Score Card Approach

Balanced Scorecard Approach by Cattaraugus County ReHabilitation Center

Unlike many so-called "management fads" that emerged over the past 20 years, the balanced scorecard approach has been shown time and again as an effective way for companies of all sizes and types of better manage their resources in ways that provide them with a competitive advantage. This paper provides a review of the relevant literature to demonstrate that Cattaraugus County Rehabilitation Center did an effective job of implementing a Balanced Scorecard approach in a fashion that reflects their organizational mission and vision. A summary of the research and important findings concerning the Center's implementation of a balanced scorecard approach are presented in the conclusion.

Review and Discussion

Balanced Scorecard Overview

The Balanced Scorecard approach was developed and refined during the 1990s by Kaplan and Norton with the goal of identifying those factors that are most responsible for driving organizational performance (Martello, 2008). In sum, the Balanced Scorecard measurement system relies on conventional financial performance metrics as well as the other factors responsible for organizational performance (Martello, 2008). According to Martello (2008), "The Balanced Scorecard is based upon the cause-and-effect relationships of the financial and non-financial measures derived from the organization's strategy"…… [Read More]

Cash Budget and Target Cash Balance the

Cash budget and target cash balance

The target cash balance is defined as the ideal cash amount a company intends to hold in its reserve at a given time. This figure seeks to strike a balance between the balance sheet costs of extremely little and too much cash. While a company with surplus cash at hand may misuse on investment opportunities, a company with poor cash will often be forced to make undesirable transactions to create more operating capital (Besley & Brigham, 2011). Individual investors are advised to set their target balance too. They may estimate at least the percentage of their holdings in cash to avoid such pitfalls.

Cash budget refers to the operating budgets and capital expenditures. It begins with the initial cash balances then cash inflows are added to the available cash. Cash outflows will then be subtracted to obtain the cash balance. If the cash balance falls below the company's intended balance, the financing segment will show the required borrowing. The financing segment covers debt payments among them interest payments. The financing activity adjusts the cash balance to obtain the ending cash balance (Ehrhardt & Brigham, 2009).

Compare and contrast the cash budget and long-term financial…… [Read More]

Uefa Regulations of Competitive Balance

The impact of the UEFA implementation of the Fair Play Financial Regulations could have a ripple effect that hurts soccer teams around the globe.

The Zimbalist article entitled, "Sport as Business" (2003) also brings up a good point about the socialization of sports leagues. Before the UEFA regulations take effect, the league operates in a relatively capitalist manner. Certainly many of the monetary imbalances that exist are not readily apparent when officials audit the books of the different teams, but as a business model, the new UEFA regulations may very well hurt the revenues of the entire league, not just certain teams specifically (Zimbalist, 2003). This would occur as club owners looking to turn a profit would be severely limited by financial restrictions put in place that force owners to stay debt-free. Owners will have less opportunity to attract talented players, especially owners of teams whose revenue is rather small. And as the gap between the richest and poorest teams widen, this problem will become exacerbated with time. But at the same time, the owners themselves will be pleased that they will no longer be legitimately able to offer their most talented and most expensive players the same exorbitant salaries…… [Read More]

Corporate Outsourcing - Balance of

In other words, on a balance sheet, outsourcing often makes sense. Take the following example of a study of one hundred domestically run company, where "on average," it cost an accounts payable department $16.54 to process a vendor payment," meaning that it cost the company "probably $10.50 - $11.00" to collect payment while using internal company labor on a permanent basis. (Cass, 2005) By out sourcing collection to a cheaper foreign or domestic firm, the original firm could save a great deal using workers in this relatively unobtrusive and mechanical capacity.

However, highly publicized, extensive use of outsourcing is not always so hidden -- for example when troubleshooting staff at a computer company may be technically literate, but not technically or colloquially fluent with the English language of most of the users of a 'help line.' Exploitation of local labor in poorer nations of Asia and Africa has incurred negative publicity for many factory-based companies as well. Even when popular in the nations themselves, American ire may be arisen during times of economic difficulty and again create negative press.

The use of domestic outsourcing may seem like a compromise, and have slightly less controversy attached to its use, but still,…… [Read More]

Application of Financial Statement

Balance sheet of a business describes a picture of that business from a financial point-of-view. The balance sheet represents a real time analysis of the company and can assist all those who understand its purpose in gaining a full understanding of conducting the operations of that business. The balance sheet of a company will have sections identifying the company's assets liabilities and equity.

Assets describe the positive and liquid attributes of a company. Liabilities have the opposite effect. The equity of a balance sheet highlights the relationships between the liabilities and the assets of the organization. The owner's equity of the balance sheet helps introduce capital that is unaccounted for in either the liabilities or assets portion of the balance sheet.

Liquid assets include cash, inventory, money received from paying customers, prepaid expenses. Investments, property and other intangible assets are included within balance sheets. Liabilities include money owed to accounts, deferred taxes, taxes bonds and provisions. Equity might include shareholder interests for public companies. There is no universally accepted format for the balance sheet. Therefore his responsibility of each individual company to manage a system and present a balance sheet that represents the relative importance of that particular company.

Business…… [Read More]

Fact Sheet on Hypomagnesaemia

Hypomagnesemia

Fact Sheet on Hypomagnesemia

Hypomagnesemia: An overview

Etiology, pathophysiology, incidence & prevalence

Hypomagnesemia, otherwise known as magnesium deficiency, is defined as the patient possessing a serum Mg concentration of < 1.4 mEq/L (< 0.70 mmol/L) (Lewis 2009).

Differential diagnosis

Hypomagnesemia is often seen in alcoholics, in pregnant or nursing women, or patients with gastrointestinal disorders due to their inadequate intake of vital fluids and excessive secretion. Other complaints associated with the deficiency include hypercalcemia after removal of parathyroid tumor and diabetic ketoacidosis (Lewis 2009).

Evaluation

An evaluation of the patient, in addition to lab work, will involve a full examination and a review of his or her disease history associated with hypomagnesemia.

History

Given the causes include taking drugs such as furosemide; a full medical review of the patient's history must be considered (Lewis 2009).

Physical examination

Common symptoms can be both psychological as well as physical in nature and may include "anorexia, nausea, vomiting, lethargy, weakness, personality change," and tremors (Lewis 2009). Since hypokalemia and hypocalcemia usually accompanies hypomagnesemia, the patient may also exhibit seizures and arrhythmias (Lewis 2009).

Diagnostic studies

An appropriate diagnosis requires a review of the patient's laboratory results, history, and clinical features, given that…… [Read More]

Work Life Balance

Work-Life Balance

The objective of this research is to examine how business managers should deal with the work-life balance issues of their employees. This will be accomplished by conducting a review of the literature in this area of study and will include previous studies and reports of an academic and professional peer-reviewed nature.

The present economy has made the survival of businesses a challenging pursuit with climbing costs of labor not to mention the operating expense for a business. However, flexibility is a primary characteristic of the business that will survive the present economic slump. In addition to the present state of the economy a report published by the Society for Human Resource Management and specifically the 'Workplace Forecast' relates that 57% of human resources professionals "agreed that there will be an increased demand for work-life balance in the coming years." (Avats, 2010, p.1) In a separate study reported by the Society for Human Resource Management it is related that difficulty, relating to work-life balance was the culprit of 41% of the problems with employee retention.

I. Flexible Working and Work-Life Balance

Avats (2010) relates that the terms 'flexible working' and 'work-life balance' are interpreted differently by different individuals. Flexible…… [Read More]

Philosophies Procedures of the Balanced

As a conclusion I must state that I agree with the philosophies of the BARJ method. I believe that all people must receive equal chances. I am sure that the children usually do not intend to act in a criminal way. I believe that those who adopt this type of conduct are either doing it because of the bad conditions within the family or because of the other influential factors (like the group of friends). However, no matter of the influence, the important fact is for the child to recover. BARJ offers him the change to gain certain skills and to be able to use them in the future, in the process of his professional development. In addition to that, by reestablishing the order inside the community and by letting the child do some community work, the court is making sure that there will be fewer chances for him to be regarded as an outcast. The members of the community will regain their trust in him. Thus, he will have more chances to start again and overwhelm the past difficulties.… [Read More]

Focus Sheet Tamara

Tamara

Primary activities: Improving grades; improving athletic performance; increasing healthy behaviors; decreasing unhealthy behaviors; reducing stress

Schedule activities and setting priorities: Tamara will keep a record of tasks on a monthly basis to do every day, labeling them high-priority, medium-priority, and low-priority to avoid getting stressed. This will include exercise and study time as well as formally scheduled activities and also what she eats and drinks every day.

Focusing on goals in a SMART fashion: Set short- and long-term goals that are SMART (specific, measurable, actionable, realistic and timely) for every primary activity domain under her set goals.

Delegate responsibilities to self and others: Determine which actionable goals (such as getting to the weight room three times a week and running twice a week) can be accomplished alone. Determine which actionable goals (such as getting to sleep on time and eating healthfully, which requires roommates to cooperate by not disturbing Tamara and agreeing to order out from places with healthier options when they eat together).

Minimize stress and maximize the efficient use of time: Set aside time to engage in deep breathing and meditation every morning. Get up with the alarm so there is plenty of time to plan the…… [Read More]

GM and Toyota General Motors

Total Ops.

8,485,608

7,061,704

3,638,889

3,445,640

* = Data not available

(Forbes, Toyota income statement, 2013).

Examining the income statements, Toyota's income fell from the previous three quarters, and the fall was somewhat substantial. Given that GM's net income did not demonstrate the same pattern, it does not appear to be the result of cyclical changes in the automotive sales cycle. In addition, Toyota's total revenue and net income appear to be more directly and positively correlated that GM's revenue and net income.

Balance Sheets

A company's balance sheet is another way of summarizing the company's financial health. A balance sheet is a "financial statement that summarizes a company's assets, liabilities and shareholders' equity at a specific point in time. These three balance sheet segments give investors an idea as to what the company owns and owes, as well as the amount invested by the shareholders" (Investopedia, Balance sheet, 2013). Balance sheets follow a basic formula, which is "Assets = Liabilities + Shareholders' Equity" (Investopedia, Balance sheet, 2013). Each side of the balance sheet should balance out, because assets either derive from incurring a liability or getting it from the company's equity (Investopedia, Balance sheet, 2013). "Each of the three…… [Read More]

Diversification of Banking Returns Through Greater Share

Diversification of Banking Returns Through

Greater Share of Non-Interest

Income and Off-Balance Sheet Activities

The banking system was considered to be stable before the great financial crisis of 2007. The banking system faced the worst turmoil during that period due to the evolution of the nature of banking activities. Banks started to employ diversify their sources of income. Before 2007, the one and only function of banks was to take deposits and lend money. Diversification of banking returns included many off-balance sheet activities and non-interest incomes into the features of the banks. The extra features are collectively known as shadow banking because of the lack of transparency in it. These activities increased the borrowing and lending and eventually, everyone was in a financial turmoil.

"The advent of shadow banking has fundamentally altered the nature of banking. Where once banks weremainly in the traditional business of taking deposits and making loans, they have come to rely on marketorientedand off-balance-sheet activities to generate a major share of their income."(Calmes et al. 2011, 1)

According to Calmes and Theoret, shadow banking changed the nature of the banking operations from primary lending and deposition to numerous off-balance sheet activities and non-interest methods of earning…… [Read More]

Financial Stability Through Bank Diversification the Banking

Financial Stability Through Bank Diversification

The banking industry of the United States of America is witnessing a major shift in the revenue making procedures. The banks are now inclined towards generating income from non-interest-based sources such as fee income, service charges and trade revenue etcetera instead of the traditional process of loan making. Noninterest income has always played an influential role in the revenue generation of the banking system. It'd evident from the fact that by the year 2000 the noninterest income accounted for forty three percent of the total banking revenue which is a massive rise from the twenty five percent in the year 1984.[footnoteRef:2] (Stiroh, 2004) [2: Kevin Stiroh, 2004. "Diversification In Banking: Is Noninterest Income The Answer?" Journal of Money, Credit and Banking 36(5), 853-882]

According some scholars, the shift in the revenue generation process, on the one hand, has led towards an evident increase in the revenue of the banking system in the recent times and on the other hand, it has also led towards a reduction in the volatility of the profitability and revenue of the system and has also reduced the risk that is associated with the banking industry. This might be due to…… [Read More]

Application of Financial Statement

Financial Statement

The four financial statements are the balance sheet, income statement, statement of cash flow, and statement of owner's equity. Briefly, the balance sheet is comparison of assets to liabilities and equity. This statement is indicative of a company's position at a specific time. The income statement is a record of a company's operations over a given period of time. It shows a company's expenses, losses and revenues and is indicative of the company's net income during that period of time. The statement of cash flows is intended to provide information about a company's cash receipts and cash payments for operations, investments and financing during an accounting period. Finally, the statement of owner's equity is intended to show changes in owner's or shareholder's equity from one fiscal year to the next. Owner contributions and any additional capitol, such as the sale of new shares, are added to the equity, while dividend payments and owner withdrawals are subtracted. Financial statements are generally supplemented by information from management to explain anomalies in revenues that may have occurred during the course of the accounting period (U.S. Security and Exchange Commission, 2007).

Both internal and external entities use these statements in order to…… [Read More]

Financial Accounting in Module 2 the 35 000

Financial Accounting

In Module 2, the $35,000 worth of goods was never purchased, so that figure is irrelevant. Now with Module 3, we begin with a balance sheet that does not balance. To this, several changes are to be made. The company raised an additional $225,000, which balances because Common Stock increases by that amount, and the company receives that much Cash. The dividends represent a decline in cash of that amount, and a decline in Retained Earnings. The asset is covered by $400,000 in the land less $50,000 in cash, and the other $350,000 goes to Notes Payable. The result is as follows:

The first major adjustment that needs to be made, based on Module 2, is that the company needs to add back the $35,500 worth of inventory. This should never have been removed. The second adjustment is that the profit would have been higher, by $35,500 because the cost of goods sold included this sale that never happened. That will increase equity by $35,500. This still leaves the balance sheet unbalanced.

31-Dec-12

Balance Sheet

Assets

Current Assets

Cash

16700

Accounts Receivable

24500

Inventory

60500

Total Current Assets

101700

Fixed Assets

Equipment, net

425,000

425,000

Total Assets

526700…… [Read More]

Noncurrent Assets Current Assets One May Define

Noncurrent Assets

Current assets

One may define assets as those properties that are under the ownership or are the possession of a firm. Assets are divided into two like current assets and long-term assets. Long-term assets include land, buildings, and firm vehicles. Current assets are those assets that the firm can easily change their form of cash and they are perceived to take less than one year. Such assets include cash, debtors and stock (Vause, 2009).

Noncurrent assets

This is the other group of assets apart from the current assets but current assets are expected to change their form within the period of one year (the normal business operating cycle). The major non-current assets are as follows: long-term investment, intangible assets, equipment, plant and property. We have other terms that people are used in place of non-current assets and they include long-lived assets, long-term assets and fixed assets just to name but a few (Vause, 2009).

Equipment, plant and property are the only available assets with state of physical existence. One may decide to call them tangible fixed assets that are also recommendable. These physical non-current assets are further divided into classes like vehicles, buildings, land improvements and land. Land…… [Read More]

Long-Term Financial Planning FedEx Corporation FedEx Corporation

Long-Term Financial Planning

FedEx Corporation

FedEx Corporation was established in 1971 and the company has four distinct business segments that include FedEx Express, FedEx Ground, FedEx Office and FedEx Freight. Over the years, the company has obtained 6-year of CAGR (compounded annual growth of 5%). However, the company is likely to obtain similar CAGR of 5.9% over the next 8 years based on current economic environment. (FedEx Corporation .2010.

The WACC (weighted average cost of capital) is the average interest rate that a company should pay in order to secure a project. Moreover, WACC is the average rate of return that a company must earn from its current assets to satisfy investors, shareholders and creditors. Since FedEx Corporation is always trying to create value for shareholders, the paper calculates the WACC of the FedEx to evaluate the company ability to generate returns from its assets.

Estimation of WACC of the Company

The WACC of the FedEx Corporation is calculated based on the estimation of the company-consolidated balance sheet of the year 2010 and the WACC is calculated using the table below:

Company name: FedEx Corporation

Table 1: Source of Finance ($millions)

Balance sheet value as of:__2010

Market value as of:_2010_…… [Read More]

Business Plan the Business That I Am

Business Plan

The business that I am going to start is a small coffee microroastery and shop. The company will perform two basic functions. The first is a product function, the roasting of coffee beans. Green beans will be received by the company, roasted, and then both used in the shop and made available for a variety of retail channels. The second function will be a service function, based on the production and serving of beverages and light snacks. The staffing plan will be simple. The owner/manager/roaster will perform most of the management tasks associated with the shop. There will be an assistant manager who doubles with barista duties, as well as 4-6 part-time staff members, filling 3 FTEs in the barista/service function. This plan is based on experiences at other, similar operations, in addition to meeting a few other needs. One is the need to keep costs down, and the other is the need to have two people in the shop whenever it is open.

b. The business is going to be an LLC. The business will be privately owned by the proprietor. An LLC has flow-through taxation benefits so that company income flows through to my personal income…… [Read More]

Tenet Healthcare Corporation Tenet Healthcare Corp This

Tenet Healthcare Corporation

Tenet Healthcare Corp

This paper examines the financial statements of Tenet Healthcare Corporation, reviewing their important components and discussing their interrelationship.

Tenet's annual report for the year ending December 31, 2011 provides information on the firm's financial health. The balance sheets provide information about what the company owns and what it owes. The income statements provide information about how much money Tenet earned and spent, and the cash flow statements show information about the exchange of money between Tenet and other parties.

Tenet's Balance Sheet

Tenet's balance sheet provides detailed information about its assets, liabilities and shareholders' equity. Tenet's assets are what it uses to operate its business, while its liabilities and shareholders' equity are two sources that support those assets. Tenet's liabilities are amounts of money that it owes to others. Shareholders' equity is the amount of money invested in the company combined with retained earnings; together they represent a source of funding for Tenet.

At the end of the fiscal year 2011, Tenet's total assets amounted to $8.46 billion, down slightly from $8.5 billion in 2010. Tenet's cash and cash equivalents are down significantly, from $405 million in 2010 to $113 million in 2011. These…… [Read More]

Business Plan for a Market

This can be defined at the system level of the consultancy's network architecture. Finally the firewall of the systems will be defined also through the definition of system parameters throughout the network operating system running the entire firm (Malecki, 2012). There will be little resistance to change for each of these implementations as they are designed to protect and streamline the work being completed in the firm. There will also be a clearer sense of accountability over data security once the Practice Leaders and senior consultants realize that if they accidentally lose their iPhone, iPad or laptop all data will be erased immediately, which forces them to be more vigilant how they uses these systems and also how they are backed up.

Impact of the Regulatory Environment

As the proposed research and advisory firm is a private corporation, it does not need to comply with the Sarbanes-Oxley (SOX) Act as that is a series of laws only for publically-traded companies (Schneider, Valenti, 2010). Ironically the SOX Act is an ideal market for the proposed advisory firm as many enterprises are challenged to get the most from their it spending in a highly controlled and compliance-driven industry that many are in.…… [Read More]

Day Spa Business Plan My Business Venture

Day Spa Business Plan

My Business Venture is the Day Spa and my financial plan is to initiate, maintain, and improve the factors that will increase and stabilize my cash flow. My business will implement effective cost management to increase the business net worth in the first year and in the foreseeable future. The paper presents the pro-formal balance sheet based on some important assumptions.

My financial plan depends on some important assumptions listed as follows:

The plan assumes that the U.S. economy will continue to improve and the economy will not slide back into a major recession.

It is also assumed that the tax rates and interest rates will be based on the conservative rate.

The current average interest rate will be 6% and the long-term interest rate will be 5.25%.

It is also assumed that the tax rate will be 34%

The venture will achieve a success by recording sales growth.

It is also assumed that through the marketing strategy, the company will record higher sales. (Dul, & Hak 2008).

The Table 1 provides general assumption by which my Day Spa Business Venture is based.

Table 1: General Assumptions

Year 1

Year 2

Year 3

Year 4

Year…… [Read More]

Business Plan Description of the Business the

Business Plan

Description of the Business

The business is a gourmet candy shop. The shop will sell gourmet candy that has been sourced from all over the world. The shop will operate with one storefront location, and there will be an Internet/mail order component as well.

The rationale for the business is simply. There is a growing trend towards hedonistic approaches to dining. We have seen in the past few years the rise of the bacon fetish, high end craft beer and coffee, cupcakes, the move of fine dining to the mass market and a full embrace by Americans of better quality indulgent goods. Much of this trend can be credited to the aging of the population, as people seek to maximize pleasure. They have the financial means to treat themselves, and seek to balance this hedonism with a desire to be healthy. The intersection of these ideals is where indulgences are small, intense and rich. Gourmet candy is a natural extension of this, providing maximum pleasure at minimal health impact for those with sophisticated palates and the means to pay for the best. We sell the best candy, both locally-produced and imported from around the world.

According to the…… [Read More]

Garmin Was Considered to Be a Company

Garmin was considered to be a company that was "well-run and positioned to grow" (Peters, 2006). The company's stock was trading around $93 per share at the time. The optimism surrounding Garmin was based on a strong balance sheet, technological innovation, double digit growth and the ability for the company to change direction. The company's core products, GPS systems for automobile consumers, were becoming viewed as valuable, if not essential, items, something that would have implied to an outside observer a strong long-run upside in demand (Pittsley, 2007).

Somewhere between its great starting position and this promised land, Garmin lost its way. The company, once lauded for its ability to "change direction," found itself unable to adapt to a major technological shift. In 2006, the smartphone market was relatively small, a niche business within the corporate telecommunications business. Palm and Blackberry were the dominant products. With the iPhone, and later Android phones, two things happened. The first is that tens of millions of consumers purchased smartphones and the second is that these phones were able to deliver to consumers GPS functions at a fraction of the cost of a Garmin GPS system, and sometimes at no cost at all. The…… [Read More]

Sti vs USB the Capital Accounts for

STI vs. USB

The capital accounts for the two banks reveal a significant difference in the price-to-book ratios. Suntrust Banks has an equity value that is higher than the market cap of the company, a favorable price-to-book ratio that implies the company is undervalued on the market. U.S. Bancorp has a more typical price-to-book ratio where the market value of the firm is higher than the book value. Part of this difference is that U.S. Bancorp is experiencing modest sales growth, while Suntrust is facing sales declines in excess of 5% annually, such that its expected future worth is lower than its current worth.

For banks, the primary asset is the net loans, along with a category known as "other earning assets," which the annual report for Suntrust reveals to be securities available for sale, or short-term investments that the bank hold and upon which it earns interest. Other assets do not need significant explanation -- goodwill, cash, premises & equipment are all standard asset categories. The loans that the bank makes are its primary assets, and it earns interest on these loans. Of interest to an investor today is the amount of loans that are expected to be bad.…… [Read More]

Financial Analysis the Current Ratios

In the case of Arctic, the company is relying, in terms of long-term financing, almost exclusively on retained earnings. Retained earnings can be defined as earnings that are "retained by the company to be reinvested in its core business or to pay debt," basically, a form of not paying out dividend to the shareholders and reinvesting profit. Retained earnings amount for 65.1% of total asset value, a similar proportion as the one in 2003.

Retained earnings play the same role at Polaris as well. In 2004, these amounted up to 46.2% of total asset value. On the Polaris 2004 balance sheet, on the other hand, the retained earnings are accounted for as shareholders' equity.

As a conclusion in terms of debt usage, both companies use no or almost no long-term bank debts to finance their activity and there is no financial leverage worth analyzing. In both cases, the shareholders' equity (processed as retained earnings) amount to 40-50% of the total liabilities value.

We will be using three ratios to assess the companies' profitability: the gross profit margin ratio, the return on assets ratio and the return on equity ratio.

The gross profit margin ratio is calculated as (Sales - Cost…… [Read More]

Business Plan Business Financial Plan for Sweet

Business Plan

Business Financial Plan for Sweet Tooth Treats

Baking has always been a major part of my family life, and for generations there has been infamous cookie recipes past down from one cook to the next. Every holiday season, my cookies are notorious for being the best any gift receivers have ever had. Finally, I believe it is time to make my baking hobby and actual money making enterprise. I know I have the recipe, the potential customers, and options for both retail space and an online presence. The only thing missing is the initial push to make this hobby an actual business -- Sweet Tooth Treats.

Business Start Up Plan

Product

The essentially product here is the various cookies, of different flavors and ingredients. I have several recipes for cookies, both permanent and seasonal variations. These products will be sold in both individual sales at a retail location, and in bulk for gifts online through our website. Cookies will be priced at $1.50 a cookie, with some variations in regards to size and flavors. Bulk and gift orders will receive a slight discount, making the average sale per cookie about $1.25, rather than the individual sales of $1.50.…… [Read More]

Business Plan Relating to the Sale of a New Financial Divorce Software

Business Plan for a Financial Divorce Software

Business Plan Divorce Software

Business Plan relating to the Sales of a new Financial Divorce Software.

Business Plan relating to the Sales of a new Financial Divorce Software

F

F1

F2

F3

G1

G1(a)

G1(b)

G1(c)

Business Identification

Keys to Success

Company Summary

Industry History

Legal Form of Ownership

Location and Facilities

Management Structure

Products and Service

Market Analysis

Target Market

Industry Analysis

Competitive Analysis

Market Strategy

Ps of Marketing

Price List

Selling Strategy

Sales Forecast

Implementation Strategy

Overall Strategy

Implementation

Control Plan

Financial Statements and Projections

Revenue and Cost Estimate

Forecasted Profit and Loss Statement

Forecasted Balance Sheet

Financial Assumptions

Breakeven Point

Financial Position

Capital/Investment Needs

Conclusion… [Read More]