Get help DeVry-University BUSN 278 Week 4 Course Project. This is an individual project where you will be acting as a consultant to an entrepreneur who wants to start a new business. As the consultant, you’ll create a 5 year budget that supports the entrepreneur’s vision and strategy, as well as the needs for equipment, labor, and other startup costs. You can choose from one of three types of new business startups — a landscaping company, a restaurant, or an electronics store that sells portable computing devices. Each business has its own Business Profile detailed in the sections below. The purpose of the Business Profile is to guide you in understanding the scope of the business, the entrepreneur’s startup costs, and financial assumptions. The project requires you to create a written budget proposal, a supporting Excel Workbook showing your calculations, and a PowerPoint presentation summarizing the key elements of the budget proposal, which you assume will be presented to a management team. This is an individual project. Each week you will complete a section of the project in draft form.
In Week 7, you will submit the final version of the project’s Budget Proposal, Budget Workbook, and Budget Presentation in PowerPoint. The vision of the entrepreneur is to create a single-location, sit-down Italian restaurant called Papa Geo’s. 40,000 per year, starting sometime in the second year of operation, as wells as profit that is at least 2% of sales. The restaurant targets middle to lower-middle class families with children, as well as adults and seniors, located in Orlando, Florida. The area within 15 minutes of the store has 10,000 families, mostly from lower to middle class neighborhoods. Average family size is 4 people per household. There is no direct competition; however, there are fast food restaurants like McDonald’s, Taco Bell and Wendy’s in the geographical target market. The lower to middle class population is growing at about 6% per year over the next five years in this area. The product is Italian food served buffet style, in an all-you-can-eat format, with a salad bar, pizza, several different types of pasta with three or four types of sauces, soup, desserts, and a self-serve soda bar.
The restaurant is also to have a 500 square foot gaming area which has game machines that children would be interested in using. 7, including drinks. Customers also eat at Papa Geo’s due to the cleanliness of the facility, the speed of getting their seat and food, and the vending machines which keep the children busy while adults enjoy their meal. If you have questions about startup requirements, or think other startup costs necessary for the business are missing, then make an assumption and state it in the relevant section of the report. The owner will be granted a loan for the initial startup, repayable over 10 years at current interest rates for small business loans. The owner will use personal funds to operate the business until it generates enough cash flow to fund itself. Essentially, all sales are made by credit card. All credit card sales are paid to the restaurant daily by the credit card company. 2.5% of sales is paid to the credit card company in fees. Food suppliers give 30 days of trade credit. Inventories are expected to be approximately 10% of the following month’s sales. 4.00 in materials and labor. 4.00 on vending machine tokens. Equipment is depreciated on a straight-line basis over 5 years. Managers have health benefits, other workers do not. The company will operate from 10:00 am to 9:00 pm, 7 days a week. The entrepreneur will manage the store and draw a salary. Every shift has one person on the cash register, one keeping the food bars stocked with food, two cooking the food, one on busing and table cleaning, a manager, and assistant manager.
I wrote them after getting gifts, I wrote them while my grandparents vacationed in Florida all winter, I wrote them after I got a job interview, I wrote them when I was trying to make a convincing argument. I wrote them all the time. The only time they didn’t like it when I wrote them was when I was expressing my distaste for something they had said or done that hurt my feelings, haha. You reap what you sew, yeah? The other reason I love this though, apart from my own relationship with hand-written notes, is that it provides a practical argument about why this art form is hugely important and should not be forgotten. Voted up, awesome, and interesting! Lovely thoughts. Totally agree. Yes I do still write letters and encourage my kids to do the same. Nothing is more authentic of the excitement of receiving a hand-written letter in the mail, opening it with full excitement, feeling the letter between your fingers,and having it close to you right before your eyes. Thank you for sharing. I’m linking your hub to one of my hubs.
Voted and will share. Interesting story and definitely a sign of the times. When I first started to write – as a tiro writer – I did so with a fountain pen. That little bit of drag or resistance to a nibbed pen really adds to the character of one’s handwriting. But this was lost when pen and ink was superseded by the ball point. However, as a man who was obliged to learn to touch type in the military (without looking or a whack across the nuckles) I was a touch typist at age 18. Yet, even then, I continued with the pen. Until I bought my own Ollivetti Portable. From then on it was typing. First the manual, then the electric and, finally, the electronic keyboard. To sit and write this with a pen would have taken me maybe twenty minutes. With a keyboard such as this, a quarter of the time. Hence, the handwriting is now restricted to a few words on birthday and Christmas cards, and perhaps a signature when required. I’m glad there are other people interested in the proper use of grammar, spelling and writing format.