Business plan Coursework Example | Topics and Well Written Essays - 1000 words

Business plan - Coursework Example This project will be funded by the state. The source of that income will therefore, be the government and other partners of the state. The expected income to be generated by this project will be emanating from the various businesses that are included in the Rhossili Town. This includes the revenue from the people visiting the amusement park, revenue from visitors visiting the beach park, income from the fee charged to investors or private firm and the fee charged on the airline users (Laurence, 2013). The cash disbursement will be made on various projects. This includes advertisement. Advertisement will be done using the electronic media, the newspaper, the local Wales and English magazines and internet. The construction of the phase one development of the Central Square in town will cost approximately 10 million dollars. The revitalization of the Town Airport will cost approximately 50 million dollars. The development of the phase one of the Amusement Theme Park will cost 15 million dollars. The Redesigning of the existing Beach Park will cost 5 million dollars. The setting up of the dual transport system will cost 250 million dollars (Laurence, 2013). ... ement Park Development 5 5 5 0 0 Redesigning Existing Beach 5 0 0 0 0 Dual Transport System 50 50 50 50 50 Advertisement 2 2 1 1 1 Airport Maintenance Charges 3 3 2 2 1 Wages 6 6 7 6 6 Total Outgoings 86 81 70 59 58 Monthly Net Cash flow S/D 16.2 -4.3 -4.6 -4 -2 Closing Bank Balance 16.2 11.9 7.3 3.3 1.3 Projected Profit and Loss Statement This forecast measure the performance of a business in a given period of time. The forecast shows the amount of money that is expected as revenue for a period of time, for instance one year or month. It also shows the amount of money that is expected as expenditure for the given period of time. The difference between the two amounts is either profit or loss depending on the amount that is bigger. If the revenue exceeds the expenses, the resulting amount is profit. If expenses are higher that revenue, the resulting amount is a loss. This forecast summarizes the business or projects transactions in a given time frame, usually one year (Ward, 2013). P ROJECTED PROFIT AND LOSS In Millions 2014 2015 2016 2017 2018 Years Projected Revenue Revenue Beach services 5 5 6 8 10 Fee on private investors 20 20 20 20 20 Fee on the malls 25 25 30 30 30 Charges on airline users 0.2 0.2 0.2 0.2 0.2 Revenue from park services 25 25 25 25 25 Revenue from rental shops 10 15 20 18 22 Revenue from transport services 8 8 6 8 7.5 Ending Cash and other revenue 20 21.5 26.6 45 65 Total Revenue 113.2 119.7 133.8 154.2 179.7 Projected Expenses Direct Costs Central Square Development 5 5 0 0 0 Airport Revitalization 10 10 5 0 0 Amusement Park Development 5 5 5 0 0 Redesigning Existing Beach 5 0 0 0 0 Dual Transport System 50 50 50 50 50 Advertisement 2 2 1 1 1 Airport Maintenance Charges 3 3 2 2 1 Wages 6 6 7 6 6 General and Administration 0.2 0.1 0.1 0.1 0.1

Critical Analysis Essay Example | Topics and Well Written Essays - 1000 words - 2

Critical Analysis - Essay Example disharmonious because in a democracy individual citizens have to make difficult political choices, with no guarantees that the choice is the correct solution. It is also disharmonious because the end results of public deliberations in any community on a controversial subject will differ, because of the autonomy that each individual enjoys in a democratic society. It is the perception of the author that disharmony in a democratic society will ebb only when there is mutual respect in the political choices made by the different individuals that make up the society. Quoting from Schumpeter 1943 p. 269, the author presents the understanding of democracy from the perspective of Schumpeter as â€Å"that institutional arrangement for arriving at political decisions in which individuals acquire the power to decide by means of a competitive struggle for peoples vote†. The author argues against this understanding of democracy. While pointing out to the strength of this understanding of democracy through its recognition of the basis of democracy in the competition for the votes of the people, the author derides its lack of projecting any value for the process of competing for the vote of the people. The author uses the example of the apartheid regime in South Africa and the rule of the Communist dictator Stalin to reinforce this argument. The author finds further support from Robert Dahl, 1989, who argues that such an understanding of democracy does not differentiate from autocracy. The author proposes that populist democracy as an understanding of is founded on the basis of â€Å"people ruling themselves as free and equal beings rather than being ruled by an external power or by a self-elected minority among themselves.† In other words the stress in populist democracy is on the will of the people. To this end then there are built in constraints to ensure that decisions in the democratic society reflect popular will. An example of this is in the rule of law, as against the