Finance case study. Explain two methods that John and Jackson might have used to finance the business start up. Essay Example

Finance case study. Explain two methods that John and Jackson might have used to finance the business start up. Essay Example Finance case study. Explain two methods that John and Jackson might have used to finance the business start up. Essay Finance case study. Explain two methods that John and Jackson might have used to finance the business start up. Essay Outline the main costs and revenues for the business (4 marks) AO1: Kn: State start up costs and running costs AO2: Ap: state costs that are relevant to their business Costs of a business are outgoings and examples for John and Jacksons business are machinery, materials for washing ie: sponges and liquids, rent of the premises and space, as well as furnishings for the waiting area ie: TV and seating. Revenues is money coming into the company from customers, the main revenues are from car washing, car care products and coffee and snacks. : Explain two methods that John and Jackson might have used to finance the business start up. (4 marks) AO1: Kn: State to possible ways of financing AO2: Ap ; An: Provide a detailed explanation The first method that can be used to set up their business is their own savings, this is beneficial as there would be no interest charged on this money, however if the business does not do well they would have lost their money. They could also ask friends and family to invest in the business although to do this they would need to set up as a private limited company. The car wash machine will cost around à ¯Ã‚ ¿Ã‚ ½15,000 , john and Jackson have left themselves the choice of: (12 marks) a. Borrowing à ¯Ã‚ ¿Ã‚ ½15,000 from Jacksons father, for which he would want a shareholding b. Borrowing à ¯Ã‚ ¿Ã‚ ½15,000 from a 5 year bank loan, secured on the machine Discuss the advantages and disadvantages of each possible source. Recommend which would be best. Give reasons for your answer. AO1: Kn: show understanding of the different sources of finance AO2: Ap An: discuss the advantages and disadvantages of both methods AO3 / 4: Ev: making a judgement which one is better and why. Borrowing the money from Jacksons father would be beneficial because there would be no interest on the loan and the money could be obtained easily and quickly allowing them to get on with starting the business, they also may not need to pay the money back immediately which will help initially with cash flow. However, if the father has put a large amount of money into the business he will in time expect a share of the profits which will mean less profit for John and Jackson. In addition to this Jacksons father may also expect a say in the way they should run the business and this could lead to disputes. Borrowing the money from the bank could be beneficial as unlike Jacksons father the bank will not interfere in how the business is run and although the money will need to be paid back once the loan has been paid back the bank would not expect any future payment from the profits that are made. However the bank loan will have to be paid back with interest, if the interest rates rise then the monthly payments will increase this can have an effect on cash flow as suddenly the business outgoings could be more than in comings and therefore no cash running through the business for buying supplies, this can have a very negative effect on the business. Also if the business is not successful and does not make any profit the loan will still have to be paid back to the bank, they may have to sell off their assets and personal belongings especially if they are a partnership with unlimited liability. With this in mind I think it would be better in the first instance for them to borrow the money from Jacksons father because although this may lead to less profits for each of the owners and possible disputes it is less risky until the business is up and running and proves to be a success. The cash flow problems associated with interest payments on loans could force them out of business.

A Monologue for Women From the Play Tomorrows Wish

A Monologue for Women From the Play Tomorrows Wish The following is a monologue from the three-act play  Tomorrow’s Wish,  written and shared by Wade Bradford. Tomorrows Wish is a comedy-drama including some elements of fantasy. The story is about a 16-year-old character, Megan Pomerville, who has to deal with her strange yet friendly cousin, Juniper. Juniper was homeschooled and has lived a sheltered life, but Megans perspective changes when she finds out Junipers secret. This original  comedic female monologue  is available to be  used by students, actors, and directors for educational or professional purposes. The Context of the Monologue Within the Play Juniper is a creative  young woman with learning disabilities. Her cousins believe Juniper is odd because she lives in a small town with her grandmother, sheltered away from most of the world. In this scene, she is talking to her cousin, Megan, about her first and only kiss. The monologue follows: I kissed a boy once. At least I tried. I don’t know if it counts if they don’t kiss back. But I tried to kiss a boy and it almost worked. Most of the time Grandma and I don’t get to see folks much, but we  go into town. Sometimes. And Grandma says I just have to be careful to mind my manners, and Grandma says I’m real good at being careful, but sometimes I get so bored in that little town. Only one video store. Only two churches. And the park only has two swings and a pool that never gets filled up anymore. But in our little town there is a boy named Samuel. Hes a bag-boy at the grocery store. He does it just right and never squishes the eggs.And he has red hair and green eyes. And†¦ (Laughs at the memory.)Freckles all over his face! And Samuel is so nice. So nice to me and Gram. He would always smile and always say â€Å"Thank you† and â€Å"Youre welcome.† If he says, â€Å"Have a nice day,† then you do. That’show good he is at his job. And I always wanted†¦ I always wanted to be close to him, or to talk to him, without Gram around.And one day when Grandma had a really bad cold I got to go to thestore all by myself. And I bought some oyster crackers and some medicine. Then I got to watch Samuel all by myself. Watch him do his bag boy job. I just stared and stared, trying to count all of those handsome freckles. Then, he asked if there was anything else I wanted. I just whispered â€Å"Yes.† (Pauses, closes eyes in remembrance.) And then I grabbed him by the ears and MmmmmmmMM! (Pretends she’s grabbing and kissing him.) That was my first kiss. It was the most romantic moment of my life. Until the manager pulled me off of him. - Juniper How to Memorize the Monologue Readers should read the monologue several times and read the words aloud. Then, it is suggested to make a list of any questions while reading. All actors should thoroughly read the complete play that their monologue comes from, so ideally, readers should access a copy of  Tomorrows Wish. The complete script is available in print and online, and the paperback edition is available on Amazon.com and the Kindle Store. Breaking the monologue into sections for memorization is recommended. This way, readers can work on memorizing one section at a time. As they memorize, its important to keep in mind that Juniper is speaking to her cousin Megan. Readers should give some consideration to how Megan is reacting to Junipers words. Then, readers can return to the list of questions and either find the answers within the larger script or make up the answers. That way, readers can feel as thoroughly familiar with this character as possible. Finally, readers should practice their monologue for anyone who will listen. They can deliver it aloud and as often as possible for an audience of one, or many, before performing it for an audition or within a performance.