Premium Essay

Business L3 Unit 44

In:

Submitted By sa12
Words 661
Pages 3
BTEC L3 Diploma in Business
Unit 36: Starting a Small Business

Assignment

|Learning Outcomes |
| |
|To be able to present the initial business idea using relevant criteria |
|Understanding the skills and development needed to run the business successfully |
|Know the legal and financial aspects that will affect the start-up of the business |
|be able to produce an outline business start-up proposal |

|Scenario |
|You have just completed a business course at Wolverhampton College and you are very interested in pursuing your dreams of |
|starting your own business and being your own boss. |
| |
|Your Aunt and Uncle run a successful Property Management Company and they have proposed that if you can put together your |
|ideas, backed up with relevant information, they will consider investing in your business. |
| |
|Your Aunt and Uncle have requested that you put together a short report on your initial business idea.

Similar Documents

Premium Essay

Business

...Proton (automobile) Proton Holdings Berhad (stylised PROTON) is a Malaysian automobile manufacturer. It is headquartered in Shah Alam, Selangor and operates an additional manufacturing plant in Tanjung Malim, Perak. The company was established in 1983 as the sole national car company until the advent of Perodua in 1993. Proton is a Malay acronym for Perusahaan Otomobil Nasional Sendirian Berhad. (National Automobile Company Private Limited). approved by the Cabinet in 1982, leading to the official founding of Proton on 7 May 1983. The company was initially wholly owned by the government of Malaysia through Khazanah Nasional and was headed by its founder, Dr. Mahathir. Proton approached Mitsubishi Motors between 1983 and 1984 and brokered a joint venture between both companies for the production of the first Malaysian car. The result of the collaboration was the Proton Saga, which launched on 9 July 1985.[3] It was based on the second generation 1983 Mitsubishi Lancer Fiore 4-door saloon and powered by a 1.3-litre Mitsubishi Orion 4G13 engine. The first Proton Saga to roll off the production line in Shah Alam is preserved in the Muzium Negara as a symbol of the beginning of the Malaysian automotive industry. Sales of the new Saga outstripped supply and Proton struggled to meet the growing demand, but by mid-1986 it had captured a 64% majority domestic market share in the Below 1600cc segment.[4] Later in October 1987, a hatchback variant called the Proton Saga...

Words: 10373 - Pages: 42

Premium Essay

System Unit

...Differentiate among various styles of system units of system units Identify chips, adapter cards, and other Identify chips, adapter cards, and other components of aamotherboard components of motherboard Describe the components of aaprocessor and how Describe the components of processor and how they complete aamachine cycle they complete machine cycle Identify characteristics of various personal Identify characteristics of various personal computer processors on the market today computer processors on the market today Define aabit and describe how aaseries of bits Define bit and describe how series of bits represents data represents data Explain how programs transfer in Explain how programs transfer in and out of memory and out of memory Differentiate among the various Differentiate among the various types of memory types of memory Describe the types of expansion slots and Describe the types of expansion slots and adapter cards adapter cards Explain the difference among aaserial port, aa Explain the difference among serial port, parallel port, aaUSB port, and other ports parallel port, USB port, and other ports Describe how buses contribute to aa Describe how buses contribute to computer’s processing speed computer’s processing speed Identify components in mobile computers Identify components in mobile computers and mobile devices and mobile devices Chapter 4 The Components of the System Unit Next The System Unit What is the system unit? Case that contains electronic components...

Words: 3218 - Pages: 13

Premium Essay

Fukcer

... Version: 1.0 TABLE OF CONTENTS INTRODUCTION 2 Purpose of Plan 2 Background Information/Available Alternatives 2 Project Approach 3 Phase X: Secure Equipment 3 GOALS AND OBJECTIVES 4 Business Goals and Objectives 4 Project Goals and Objectives 4 SCOPE 5 Scope Definition 5 Items Beyond Scope 6 Projected Budget 6 Risk Assessment 7 Initial Project Risk Assessment 8 Milestones 11 ASSUMPTIONS 12 Project Assumptions 12 CONSTRAINTS 13 Project Constraints 13 Related Projects 13 Critical Project Barriers 13 PROJECT MANAGEMENT APPROACH 14 Project Timeline 14 Project Roles and Responsibilities 14 Issue Management 16 Communications Plan 17 ATTACHMENTS/APPENDICES 19 APPROVALS 20 Sign-off Sheet 20 INTRODUCTION Purpose of Plan The Odessa Mobile Technology Project Plan will provide a definition of the project, including the project’s goals and objectives. Additionally, the Plan will serve as an agreement between the following parties: Project Sponsor, Steering Committee, Project Manager, Project Team, and other personnel associated with and/or affected by the project. The Project Plan defines the following: Project purpose 2. Business and project goals and objectives Scope and expectations Roles and responsibilities Assumptions and constraints Project management approach Ground rules for the project Project budget Project timeline The conceptual design...

Words: 2811 - Pages: 12

Premium Essay

Proton Case

...Proton (automobile) From Wikipedia, the free encyclopedia Jump to: navigation, search Proton Holdings Berhad The Proton Company logo Type Public (Bursa Malaysia: Proton) Industry Automotive Founded May 7, 1983 Headquarters Shah Alam, Selangor Malaysia Key people Mohd Khamil Bin Jamil (Executive Chairman) Products Car, Automotive Parts Employees 12,000 Subsidiaries Lotus Cars Website www.proton.com Proton Holdings Berhad (stylized PROTON) is a Malaysian automobile manufacturer. It is headquartered in Shah Alam, Selangor and operates an additional manufacturing plant in Tanjung Malim, Perak. The company was established in 1983 as the sole national car company until the advent of Perodua in 1993. Proton is a Malay acronym for Perusahaan Otomobil Nasional Sendirian Berhad. (English: National Automobile Company Private Limited). Proton was largely a manufacturer of badge engineered vehicles from Mitsubishi Motors between 1985 and the early 2000s. The company has since produced several indigenously designed models and operates in at least 26 countries today, of which the majority are in Asia. Proton was formerly owned by Khazanah Nasional, the investment holding arm of the government of Malaysia. In January 2012, it was taken over by DRB-HICOM, a Malaysian conglomerate in a transaction amounting RM1.2 billion. Proton, predominantly reliant on its domestic market is currently undergoing structural and internal changes, as evident in the appointment of...

Words: 8392 - Pages: 34

Free Essay

Business

...to this issue. The latest issue can be found on the Edexcel website: www.edexcel.com References to third-party material made in this specification are made in good faith. Edexcel does not endorse, approve or accept responsibility for the content of materials, which may be subject to change, or any opinions expressed therein. (Material may include textbooks, journals, magazines and other publications and websites.) Authorised by Roger Beard Prepared by Susan Hoxley Publications Code BH029073 All the material in this publication is copyright © Edexcel Limited 2011 Edexcel BTEC Level 4 HNC Diploma in Business Edexcel BTEC Level 5 HND Diploma in Business Edexcel BTEC Level 5 HND Diploma in Business (Accounting) Edexcel BTEC Level 5 HND Diploma in Business (Management) Edexcel BTEC Level 5 HND Diploma in Business (Marketing) Edexcel BTEC Level 5 HND Diploma in Business (Human...

Words: 15079 - Pages: 61

Premium Essay

Insurance

...ACADEMIC PLAN FOR SEMESTER-VIII (for 2011-12) SUB : Quality Control & Quality Assurance Sub. Code: ETME – 402 Total Lecture Available: Total Teaching Weeks in Semester: weeks Total Tutorial Classes : |S.No. |TOPICS TO BE COVERED |Lecture | |FIRST TERM | | |1 |Introduction | | | |Introduction, Definitions & Need of Quality | | | |Quality Design, Quality of Conformance, Quality of Performance |1 | | |Quality Characteristic, Specification of Quality, Quality Function | | | |Cost of Quality, Value of Quality, Optimum Quality of Design |1 | | |Inspection & Types of Inspection | | | |Concept of Quality Control & Its Objectives, Inspection v/s...

Words: 2343 - Pages: 10

Free Essay

Bpp Catelogue

...of innovative study aids in a variety of formats including web delivery, audio-visual products, CD-ROMs and books. Our products are designed to support a variety of different learning styles, ensuring all students make the most of their study time and successfully achieve their learning outcomes. This catalogue is your comprehensive guide to the qualifications we publish for and the learning materials we offer in support of those qualifications, together with our UK and overseas stockists directory. CONNECT WITH US bpp.com/learningmedia twitter.com/bpplm LinkedIn: BPP Learning Media Clients contents 04 ABoUt Us WhaT’s neW aT 12 BPP LeaRning MeDia 14 insTiTUTe OF LeaDeRshiP anD ManageMenT (iLM) 15 MeDiCaL seRies assOCiaTiOn OF BUsiness exeCUTives (aBe) 16 a BRanD neW 17 aPPROaCh a neW iDenTiTY 17 a neW PROPOsiTiOn 18 inFORMaTiOn FOR BOOKseLLeRs 20 WhOLesaLe ORDeRs 23 BeCOMe a sTOCKisT TUiTiOn PROviDeRs 24 TeRMs anD COnDiTiOns OF saLe RegiOnaL saLes ManageRs 24 CUsTOMeR seRviCes PRinTeD 25 PRODUCTs 26 sTUDY TexTs PRaCTiCe & RevisiOn KiTs 27 PassCaRDs 28 eLeCTROniC PRODUCTs 29 eBOOKs 30 eLiBRaRies i-Pass 31 inTeRaCTive PassCaRDs sUCCess CDs 32 i-LeaRn inTeRaCTive 33 LeaRning sOLUTiOns 34 BeneFiTs OF Using BPP LeaRning MeDia’s inTeRaCTive sTUDY MaTeRiaLs 35 FeaTURes OF BPP LeaRning MeDia’s inTeRaCTive eLeaRning TiTLes 37 sTUDenT RePORTing eLeaRning sTanDaRDs 38 LiCenseD eLeaRning PRODUCTs 39 LeARnInG MAteRIALs aCCa Fia Bsc (hOns) DiP FM DiP iFR iCFe aaT CiMa...

Words: 28023 - Pages: 113

Free Essay

Research Paper on a Study of Awerness Among the Investors to Invest in Life Insurance

...Thesis/Dissertation and is arranged by the surname of the Researcher. | ABBAS (Samir Abood). Strategies of petro-chemical industries in Arabian countries. 1988. Delhi, University of Delhi. 412p, Bibliography: P 354-84. (University of Delhi, Commerce (Deptt of-), Thesis). (Thesis, University of Delhi, Commerce (Deptt of-). {Note: Appendix: P 354-412}. X9(F555).46.N8 M8/Th 00914764 ABBI (Kavita). Life style of Indian women (working V/s non working). 1987. Delhi, University of Delhi. 110p. (University of Delhi, Commerce and Business (Faculty of-), Dissertation). (Dissertation, University of Delhi, Commerce and Business (Faculty of-). Y15.2.N8 M7/Th 00914439 ABERRA (Yohannes). Problems of irrigation in the drought prone region on Northern Ethiopia: A case study of the Mekele Plateau. 2001. Delhi, University of Delhi. xiii, 309p, Bibliography: P 275-92. (University of Delhi, Geography, Deptt. of-), Dissertation). (Dissertation, University of Delhi, Geography, Deptt. of-). {Note: Appendix: P 293-309}. U672(J):(D2).682.P P1/Th 01117400 ABRAHEAM (Khazel Asmail). India-Iraq trade and economic reltions. 1986. Delhi, University of Delhi. 345p,...

Words: 47990 - Pages: 192

Premium Essay

Creative Clusters and Innovation

...Research report: November 2010 Creative clusters and innovation Putting creativity on the map Caroline Chapain, Phil Cooke, Lisa De Propris, Stewart MacNeill and Juan Mateos-Garcia Disclaimer This work contains statistical data from ONS which is Crown copyright and reproduced with the permission of the controller of HMSO and Queen’s Printer for Scotland. The use of the ONS statistical data in this work does not imply the endorsement of the ONS in relation to the interpretation or analysis of the statistical data. This work uses research datasets which may not exactly reproduce National Statistics aggregates. Copyright of the statistical results may not be assigned, and publishers of these data must have or obtain a licence from HMSO. The ONS data in these results are covered by the terms of the standard HMSO ‘click-use’ licence. Creative clusters and innovation Putting creativity on the map Foreword No one doubts the economic importance of the creative industries to the UK. At 6.2 per cent of the economy, and growing at twice the rate of other sectors, they are proportionately the largest of any in the world. But there is some evidence that the UK’s creative industries support innovation and growth in other parts of the economy too. The significance of these spillovers has only recently begun to be examined rigorously. And we know next to nothing about their geographical dimensions. This gap in our understanding is what NESTA set out to address in Creative Clusters...

Words: 26101 - Pages: 105

Free Essay

Is the Placement of the Products Going to Influence Their Price?

...Is the placement of the products going to influence their price? Minjun Yu ECON 4980 Introduction In today’s commodity economy, it is no longer only about manufacturing, transportation, cost, profit, supply, demand, etc. There are many other factors that matters in the sales of the commodity. For many years, retailers have been searching for methods to help them identify ways to improve their merchandise presentation (Ron Larson).One of the methods that retailers used to improve the sales is the display of the products in the aisles. Bezawada has said in his reach that “retailers can benefit substantially by having better placement of items in their aisles,” (Ram Bezawada). Bezawada’s research shows that aisle placements can influence sales across product categories as much as other marketing variables, such as price or how an item is displayed (Jacqueline Ghosen, 2009). According to some researches, changing the allocation of the products will increase the weekly sales by more than 9% (Jacqueline Ghosen, 2009). From all these research, we can see that products placement is one of the most important factor that going to influence retailer’s profits. Putting products in the right place will bring more benefits. In marketing field, there are also some important theories about placement of products. It is called marketing mix which is usually refers to E. Jerome McCarthy's 4P classification for developing an effective marketing strategy. It encompasses product, price, placement...

Words: 4244 - Pages: 17

Premium Essay

Busienss Essentials

...students and learning providers in over 188 countries At the heart of our business is a dedicated team of over 120 skilled and innovative individuals We sell to 51 countries in Europe Our most popular qualification is ACCA, we sell our products in 168 countries We provide a wider range of CIMA exam material than any other publisher We sell to more than 350 institutions in the UK We sell to 37 countries in the Americas We sell our CIMA materials in 108 countries We sell to 52 countries in Asia We sell to 44 countries in Africa Our FIA products are sold in 145 countries Our global distributor network includes over 80 distributors present in every continent Welcome to BPP Learning Media At BPP Learning Media, we seek to inspire, enthuse and guide people from all walks of life on every step of their educational journey. We have a passion for imparting knowledge and improving lives through education. The fact you are reading our publications catalogue tells us you share that passion. Together, we can work to improve life and career aspirations across the world. The trusted publishing partner From our beginnings over 35 years ago, BPP Learning Media has become the benchmark for quality in professional education study materials. Today, tutors and students in more than 188 countries worldwide look to us as an essential support for success in accountancy, tax, financial services, business, management, marketing and medical exams. So trusted are our materials that...

Words: 27609 - Pages: 111

Premium Essay

Miss

...  In addition,  these rates give my design engineers incentives to ‘design out’ direct labour by using  machine technology.  Yet over the past years as we have had less and less direct  labour, the overhead rate keeps going up and up.  I won’t be surprised if next year the  rate is $2,500 per direct labour hour.  I’m also concerned because small errors in our  estimates of the direct labour content of a job can have a large impact on our  estimated costs.  Just a 30 minute error in our estimate of assembly time is worth  $1,000. Small mistakes in our direct labour time estimates can really swing our bids  around.  I think this puts us at a disadvantage when we are going after business.” What is the engineers concern about the OH rate going up?  What is the issue about placing bids and seeking new business? What do  you think is a possible solution? 2 Lecture 4 – ABC and Process Costing 1 ACCT7107  Background: what are the relevant...

Words: 6063 - Pages: 25

Premium Essay

Fair Value Accounting

...We discuss these arguments and examine descriptive and empirical evidence that sheds light on the role of fair-value accounting for U.S. banks in the crisis. While large losses can clearly cause problems for banks and other financial institutions, the relevant question for our article is whether reporting these losses under fair-value accounting created additional problems. Similarly, it is clear that determining fair values for illiquid assets in a crisis is very difficult, but did reporting fair values of illiquid assets make matters worse? Would the market have reacted differently if banks had not reported their losses or used a different set of accounting Christian Laux is Professor of Finance, Vienna University of Economics and Business,...

Words: 14541 - Pages: 59

Premium Essay

Did Fair-Value Accounting Contribute to the Financial Crisis?

...Journal of Economic Perspectives—Volume 24, Number 1—Winter 2010—Pages 93–118 Did Fair-Value Accounting Contribute to the Financial Crisis? Christian Laux and Christian Leuz I n its pure form, fair-value accounting involves reporting assets and liabilities on the balance sheet at fair value and recognizing changes in fair value as gains and losses in the income statement. When market prices are used to determine fair value, fair-value accounting is also called mark-to-market accounting. Some critics argue that fair-value accounting exacerbated the severity of the 2008 financial crisis. The main allegations are that fair-value accounting contributes to excessive leverage in boom periods and leads to excessive write-downs in busts. The write-downs due to falling market prices deplete bank capital and set off a downward spiral, as banks are forced to sell assets at “fire sale” prices, which in turn can lead to contagion as prices from asset fire sales of one bank become relevant for other banks. These arguments are often taken at face value, but evidence on problems created by fair-value accounting is rarely provided. We discuss these arguments and examine descriptive and empirical evidence that sheds light on the role of fair-value accounting for U.S. banks in the crisis. While large losses can clearly cause problems for banks and other financial institutions, the relevant question for our article is whether reporting these losses under fair-value accounting...

Words: 15964 - Pages: 64

Free Essay

Report

...2003 Annual Report intel.com intc.com GROWTH THROUGH TECHNOLOGY LEADERSHIP 33.7 29.4 25.1 20.8 16.2 26.3 26.5 26.8 30.1 36 1.51 1.6 Americas 50% 45% 28% 100 27 1.05 0.97 0.86 18 0.73 0.85 1.2 40% 75 0.8 20% 20% AsiaPacific Europe 14% 50 11.5 9 0.33 0.50 0.46 0.4 0.19 28% 28% 23% 25 Japan 94 95 96 97 98 99 00 01 02 03 0 94 95 96 97 98 99 00 01 02 03 0 8% 93 7% 98 9% 03 0 NET REVENUE Dollars in billions DILUTED EARNINGS PER SHARE† Dollars, adjusted for stock splits † GEOGRAPHIC BREAKDOWN OF REVENUE Percent Amortization of goodwill reduced earnings per share in 2001 by $0.22 ($0.18 in 2000 and $0.05 in 1999). Goodwill is no longer amortized, beginning in 2002. “Our continuing commitment to investments in leading-edge technology and our dedication to product innovation have set the stage for the positive results we began to see by year’s end.” Craig R. Barrett Chief Executive Officer 38.4 35.6 33.3 30.2 27.3 28.4 26.2 40 Machinery and equipment Land, buildings and improvements 6.7 8.0 7.3 4.0 4.4 3.9 3.8 5.0 4.0 30 6.0 3.1 4.5 20 15.4 2.4 8.7 10 4.0 3.6 3.0 3.4 4.7 3.7 4.0 1.8 1.3 2.3 2.5 3.0 2.0 2.0 1.1 1.0 3.5 0 0 0 94 95 96 97 98 99 00 01 02 03 94 95 96 97 98 99 00 01 02 03 94 95 96 97 98 99 00 01 02 03 RETURN ON AVERAGE STOCKHOLDERS’ EQUITY ...

Words: 32414 - Pages: 130