Your assignment requires you to provide a formal business report max 1500 words, to your Bank Manager regarding the launch of a new business manufacturing goods to the UK. To support your choice of business you will select to sell 2 different items. The word count excludes appendices. You must include within the appendices: and all relevant supporting business research documentation.
Your final submitted report and appendix is to be submitted using the student portal. It should clearly show your student number only (no names) be submitted no later than 30th November 2012. Late submissions will not be marked. Any extenuating circumstances should follow proper procedures. Marks will be returned via the student portal within two weeks of the deadline.
In the report:
Section A:
· State your chosen business and what products (ideally 2 complementary products) you intend to sell. Provide in your own words, background as to the general price of goods available in the London area. (max 250 words)
· Marks will be awarded for innovation, originality of approach, report format, relevant references and quotations from suppliers and all business expenses, their websites, etc., competitive benchmarking and supporting calculations. You will need to show your research in this area.
Section B:
oClearly identify a target selling price for your company's products using supporting arguments from your research of the current market and any other source.
oProduce a per unit cost statement for each product, a breakeven point with underlying assumptions to support your figures.
oPrepare a Five Year Budget Income Statement using marginal costing principles
oUndertake a five year net present value appraisal of your new business, state your initial investment costs and use your marginal profit as cash flows.
o Provide suitable recommendations for the business and a conclusion
Section C:
oIndentify and discuss one issue that your business could undertake to improve environmental sustainability using suitable measures to aid your discussion.
oReflecting on your overall learning experience briefly discuss what you have gained from undertaking the tasks in this assignment.