Wednesday, January 29, 2020
Nick Carraway Essay Example for Free
Nick Carraway Essay What kind of a person is Nick Carraway? How might Nickââ¬â¢s narration color the way readers view other characters? Provide examples. Is Nick a reliable character? Provide examples from the novel to support your responses. Nick Carraway narrates The Great Gatsby. He values knowledge and is very observant making him a good narrator. In The Great Gatsby, all the characters tend to like him and trust him with their secrets. In the beginning, Daisy talks to Nick in private and tells him of when she had her baby girl. She said, ââ¬Å"Iââ¬â¢m glad itââ¬â¢s a girl. And I hope sheââ¬â¢ll be a fool-thatââ¬â¢s the best thing a girl can be in this world, a beautiful little foolâ⬠(17). Daisy thinks that the best way to easily get through life as a girl is to be stupid and pretty so she can marry a rich man and not have a worry in the world, which is what Daisy is doing. However, when Tom asks Nick if Daisy told him something, she lies and says they talked about horses. She was open to Nick to tell him her thoughts, but wanted it to be a secret from Tom. Nick understands the eastern way of living; with the partying, alcohol, and money. He shows the good sides of characters and the bad sides. He is a reliable character because although he adds in his biased opinions, he also tells the readers of the characters true personality and their actions. A. Through Nick, how does Fitzgerald describe each of your characters? What is Fitzgerald saying about each of your characters? Through Nick, Fitzgerald describes Tom Buchanan as a ââ¬Å"sturdy straw-haired man of thirty with a rather hard mouth and a supercilious mannerâ⬠(7). Through Fitzgeraldââ¬â¢s diction, you can tell that Tom is arrogant and aggressive. Physically, he is described as big with muscles, a ââ¬Å"cruel bodyâ⬠(7). To add to his big, arrogant figure, his voice is a ââ¬Å"gruff husky tenor added to the impression of fractiousness he conveyedâ⬠(7). He has a personality and look that strikes fear in people and he moves around with aggressiveness. Myers Wolfsheim is described as ââ¬Å"a small, falt-nosed Jewâ⬠(69) with a large head. He is cautious and conservative; possibly suspicious and paranoid because of the business he deals with. In The Great Gatsby, his nose is repeatedly addressed. B. Do your characters changeââ¬âdo they change or remain the same throughout chapters 1-5? If the character changes, how so? Do your characters mature? Grow? Regress? Please explain Myers Wolfsheim does not change much in chapters 1-5. He is not mentioned very often. Tom Buchanan does change and show more of his personality to Nick from the beginning towards chapter 3. You are really allowed to see Tom when he takes Nick to meet his mistress, Myrtle. In the hotel room, he portrays his aggression when he hit Myrtle in the face, causing her to bleed. His character does not mature, but however regresses from the first 5 chapters. In the beginning, he seems sophisticated when he was talking about books and long words. Then he regressed when he went to the apartment building with Myrtle, Nick, and the rest of the party. He drank himself silly and cheated on his wife. C. What do these characters teach Nick about himself? What do these characters say about Nick? These characters teach Nick that he is different from the urban, fast-paced life of the East. Compared to Tom and Myers, Nick seems like a boring bond man coming fresh out of the West into this new world of liquor, parties, and money. D. What do we learn about Gatsby through the characters? In chapter 4, Myerââ¬â¢s tells Nick about Gatsbyââ¬â¢s ââ¬Å"lifeâ⬠. He tells him about Gatsbyââ¬â¢s time at Oxford and builds Gatsby up to be a really good, perfect man, ââ¬Ëâ⬠the kind of man youââ¬â¢d like to take home and introduce to your mother and sisterâ⬠ââ¬â¢ (72). You are unable to learn much about Gatsby through Tom. Tom doesnââ¬â¢t know Gatsby that well and has never been to one of his parties until Nick takes them.
Tuesday, January 21, 2020
Compare And Contrast The Ways Essay -- essays research papers
Compare and Contrast the ways in which the poet describes the breakdown if the relationship. Comment on the effectiveness of their verse-craft I chose to compare the poems: An Anniversary, by Vernon Scannel Dismissal, by John Tripp A Winters Tale, by D.H. Lawrence In the poem “An Anniversary'; the poet describes the relationship and it’s breakdown as two leaves on a river, this is and example of ‘Personification’. In contrast to this poem in the poem “Dismissal'; Tripp describes the breakdown very much as it was, describing two people in a dreary pub, this is an example of ‘Pathetic fallacy’ as the setting is very boring and dark like the breakdown of the relationship. In “A Winters Tale'; Lawrence uses a similar verse-craft to Scannel in “An Anniversary'; with the relationship being described as a field but he still uses people in the poem to describe the people in the relationship. Lawrence also uses ‘Pathetic Fallacy’ as he describes a cold winter’s day when the relationship broke down. In “An Anniversary'; the poet says: “The sky’s smeared monotone.'; This means the sky was smeared with one colour, which may signify a boring colourless relationship. “Two willow leaves glide smoothly on The water’s shimmering skin;'; This is an example of ‘Enjambment’. It describes the leaves floating smoothly but apart from each other. The use of enjambment here helps the rhythm of the poem carry on smoothly like the leaves gliding. It could signify the two people still going on in life smoothly but not together. When he says “the water’s shimmering skin'; it gives the impression of being murky below and shiny on top. This could show there is more to the relationship than what people see initially or that when the relationship was still happening it may have looked alright to everyone else watching but there were things going on beneath the surface that weren’t alright. “Once, on a branch in the sun, they danced And often touched each other; They will not touch each other again,'; In the relationship this signifies that they were once happy together but now they will never be together again. It could also mean that from the beginning the re... ... and downhearted that the relationship is ending. He also knows that the relationship is over and can’t go on but he still has some feelings for the woman. He may feel upset that she has come so promptly when she knows what he will say but she probably just wants to get the hurt and pain over with. The structure of the poem is “ABAB'; when the 1st and 3rd and 2nd and 4th lines rhyme with each other e.g.: “Snow and Go'; “Emerge and Verge'; They are the last words in verse one that rhyme. I think the three poems, although they are about the same thing, describe it very differently. Dismissal describes it very much like speech whereas An Anniversary uses nature to describe the breakdown. A winter’s Tale is a mixture as in stanza one it uses mainly imagery with the field to describe the relationship, but in stanza two it uses run-on-lines to describe his feelings. Then in stanza three it uses a mixture by using the simple ABAB structure from verse one, but still using his thoughts of the woman, rather than imagery of the field, to describe the relationship. All three poems describe the breakdown very differently but very effectively.
Sunday, January 12, 2020
Hsm/230 Week 9 Checkpoint
Capstone Checkpoint week 9 HSM/230 Capstone Checkpoint week 9 Many issues are becoming problems for seniors, one of these issues is the possibility of losing one of the most important assistance programs that human services has to offer, the Medicare and Medicaid assistance programs for health and well-being of the seniors in California. This issue has been relevant for many years; however in recent years the California Legislature has been unable to successfully plan a budget that would be considered sound. Thus, at this point the legislature is considering cutting some of the programs of human services or cutting back on the funding to these programs. According to Diane Rowland ScD. and Barbara Lyons, PhD. (1996). Without Medicaidââ¬â¢s assistance, the cost of basic medical care can impede access to care and erode financial security for low income elderly people. This is now a problem, for example my mother has a social security benefit of 650. 00 a month, and if she had to pay her medical care and prescription out of this income, her income would only be 300. 00 a month. This is more than twice the poverty level today. This is of great concern to human services agencies in the United States. Most of the elderly have paid into these programs for many years, expecting assistance as they retired; however, this is eroding away. In order to rectify this issue, California along with other states facing this issue, needs to come up with a balanced budget that does not exceed the income they are receiving at the time of the budget making process. The legislature cannot ââ¬Å"expectâ⬠to make a different amount than what is in black and white. To predict that they would be making a larger amount only makes the budget worthless, a budget would need to be accurate and overspending must stop in order to rectify this situation. If I were in charge of this type of program, I would look into privatization of a portion and look for subordinates that would be willing to donate, or fund this program for the poor elderly of the United States. Also I would look into how many actually are citizens that are receiving this benefit without payment into the program. This is a huge issue, many illegal immigrants are receiving these benefits and have never paid into the program, therefore are actually ineligible for the benefit. I would propose that these recipients be placed on the welfare program for illegal immigrants and taken off of the assistance for the poor elderly clientele. Is this ethical, I think so, I do not think it is ethical for one to receive benefits if they have not met the criteria or prerequisite to receive this benefit.
Saturday, January 4, 2020
The Role Of Social Networking Platform - 2493 Words
Introduction: In todayââ¬â¢s world, it is not difficult to find people, especially young adults, staring at their smartphone screen everywhere they go. Especially the social media platform Facebook has started to become an essential part of everyoneââ¬â¢s daily life as one of the most influential communication tools. Beyond the role of social networking platform where you find your high school classmates, Facebook has evolved to a ââ¬Å"mass communication mediaâ⬠that impacts both economic and political activities. Examples of Facebook influencing the study of International Political Economy are plenty and prevalent, including its roles in spreading information about jobs and wage information, discovering new products and services, sharing reviews onâ⬠¦show more contentâ⬠¦Hong Kongââ¬â¢s sophisticated telecommunication infrastructural development has created Hong Kong to be the major hub of Facebook and now more than three in five people in Hong Kong are Facebook users. Acc ording to the online survey conducted by the social media statistics provider, the largest age group of Facebook users in Hong Kong is young adults age 25 to 34, followed by teenagers of 18 to 24 . The statistics show that Hong Kongââ¬â¢s Facebook users spend an average of 30 minutes a day which translates to Facebook usage among teenagers and young adults in Hong Kong is rising to a point where it is creating concerns . 44% of Hong Kong Facebook users have admitted that Facebook has been their first point of contact in reading breaking news . According to TNS Global Market Research, the rise in high usage of Facebook usage is ââ¬Å"alarmingâ⬠as the ââ¬Å"exposure to information is no longer about consumers consuming media, but they are being forced, in that they are being exposed to it when they open up Facebookâ⬠. In 2012, the University Of Chicago Booth School Of Business has come up with research that Facebook has a higher level of addictiveness compared to dru gs like alcohol and tobacco . According to Hong Kong International Statistics, most
Friday, December 27, 2019
Stop Literary Censorship Essay - 1566 Words
Stop Literary Censorship Censorship is becoming more and more common all over the world today. The online Encarta Encyclopedia defines censorship as, supervision and control of the information and ideas that are circulated among the people within a society. In modern times, censorship refers to the examination of books...for the purpose of altering or suppressing parts thought to be objectionable or offensive. Henry Reichman from the Education World website defines it as, the removal, suppression, or restricted circulation of literary, artistic, or educational materials . . . on the grounds that these are morally or otherwise objectionable in light of the standards applied by the censor (Cromwell). Definitionsâ⬠¦show more contentâ⬠¦Books are also said to be educationally unsuitable (Gottlieb). Sharon Cromwell thinks that challenges generally arise in the following areas: sex and drug education, literature showing children challenging parents and authorities, teaching evolution without re ference to creationism, and showing women behaving in nontraditional ways. Much of the objectionableShow MoreRelatedEssay on Is Censorship Unconstitutional?919 Words à |à 4 Pages Censoring knowledge is unconstitutional. Censorship had been going on since the beginning of the written word. This means that is not hard to say that it has been used as a manipulation tactic since the first man, or woman, placed their coal to a piece of dried goat skin. So does this make it wrong? To understand censorship, you have to start at the beginning. Censorship, no matter the definition, is when people who have power, wish to limit the knowledge of what we are receiving, orRead MoreStudies in Contemporary Literature: Free Speech1622 Words à |à 7 Pages Censorship is the suppression of speech or other public communication which may be considered objectable, harmful, sensitive, politically incorrect or inconvenient as determined as determined by the government, media outlet, or other controlling bodies (Wikipedia, 1). This can be done by governments and private organizations or by individuals who engage in self-censorship which is the act of censoring or classifying oneââ¬â¢s own work like blog, books, films, or other means of expression, out of theRead More Symbolism in Farenheight 451 by Ray Bradbury Essay1302 Words à |à 6 Pagesare burned, books are burned physically, whereas ideas are burned from the mind. Bradbury uses literary devices, such as symboli sm, but it is the idea he wants to convey that makes this novel so devastating. Bradbury warns us of what may happen if we stop expressing our ideas, and we let people take away our books, and thoughts. Bradbury notices what has been going on in the world, with regards to censorship, and McCarthyism in America. That is what he is speaking out against. Bradburys use of symbolismRead MoreThe World Of Literature : Its Inherent Subjectivity1451 Words à |à 6 Pagesindividual. Those who are particularly offended by a specific piece may choose to just ignore it and move on with their lives, but others may take greater action, something which usually entails banning it from libraries or even stores. This form of censorship is no stranger to the United States, given its history beginning after the Civil War. However, even with the shifting of attitudes towards book banning, a reflection of the more open changing ideals and concepts of morality in the American publicRead MoreFahrenheit 451 Critical Essay1607 Words à |à 7 Pages Bradbury symbolism leads readers to get a thought censorship used in the novel. In Bradbury Fahrenheit 451, the censorship was the use of technology. The town only watched television and listened to the radio. ââ¬Å"Without turning on the light he could imagine how his room would look, his wife stretched on the bedâ⬠¦in her ears the little seashells, the thimble radios â⬠¦ electronic ocean sound of music and talk of musicâ⬠(Bradbury12). This censorship in the novel got the readerââ¬â¢s to believe that BradburyRead MoreFahrenheit 451: Symbolism1240 Words à |à 5 Pagesburned, books are burned physically, where as ideas are burned from the mind. Bradbury uses literary devices, such as symbolism, but it is the idea he wants to convey that makes this novel so devastating. Bradbury warns us of what may happen if we stop expressing our ideas, and we let people take away our books, and thoughts. Bradbury notices what has been going on in the world, with regards to censorship, and book burning in Germany, and McCarthyism in America. That is what he is speaking out againstRead MoreAnnotated Bibliography : Ray Bradbury1077 Words à |à 5 Pages2016, Http://Www.laweekly.com/News/Ray-Bradbury-Fahrenheit-451-Misinterpreted-2149125. This article is about the author having an interview with Ray Bradbury about how people are mistreated because they was been kept uninformed and ignorant about censorship when its really about technology destroying the use of reading. This is because in the book itself, reading is discouraged (illegal) and television is persuading. The author of this article suggests that Ray Bradbury would observe to see howRead More Irving Kristols Pornograpy, Obscenity, and hte Case for Censorship1108 Words à |à 5 PagesIrving Kristols Pornograpy, Obscenity, and hte Case for Censorship After reading Irving Kristolââ¬â¢s essay called Pornography, Obscenity, and the Case for Censorship, we found positive and negative examples concluding his research. Kristol makes major claims throughout the course of his essay. A few examples of these major claims are in paragraphs [7-9] when he uses a story about an old man in a hospital ward, dying an agonizing death. The old man loses control of his bowels, and they emptyRead MoreAnalysis Of Time Out Of Joint By Philip K. Dick1323 Words à |à 6 PagesMoral power held by literature or art has often crushed against some form of material power and censorship. For instance, books against the ideas of the Nazi regime such as Marxââ¬â¢s ââ¬Å"The Communist Manifestoâ⬠were burnt in the Naziââ¬â¢s book burning of 1933 and The Bible is currently banned from North Korea. Authors have therefore been pressured into finding a method to avoid the strict restrictions forced by material power. Philip K. Dick writes his novel ââ¬Å"Time Out of Jointâ⬠at the end of the 1950s, yearsRead MoreHuckleberry Finn Persuasive Essay1571 Words à |à 7 Pageshow a student can react to the novel is how the book is being taught. Teachers should acknowledge the intention and purpose of Mark Twain, which was to appeal to the reader s emotions through the use of specific diction. Along with teaching the literary elements of the novel the teachers should also imply the ideas and controversies that are being presented in the novel. Twainââ¬â¢s purpose was also to capture the moments that defined the 1800s such as slavery and racism. After all, the novel should
Thursday, December 19, 2019
Communism And The Berlin Wall - 1883 Words
Europeââ¬â¢s distinguishable ââ¬â but perhaps not always positive ââ¬â history has been shaped most monumentally by two events. In 1945, the end of WWII, breakup of the fascist German state, and subsequent plunge into the Cold War makes the year undoubtedly immensely significant. However, I would argue that the other provided date, 1989, holds even greater clout in terms of change upon the European continent, as well as the world. The falls of Communism and the Berlin Wall as well as the thawing of Eastern Europe marked the year 1989. However, it is important to state that I am in no way diminishing the importance of 1945, simply comparing and contrasting with 1989 to show vital differences. I understand a ââ¬Å"turning pointâ⬠as drastic change thatâ⬠¦show more contentâ⬠¦The main problem while trying to do the job was the sides differing views on post-war security. The Western Allies ââ¬â most prominently Britain and the US ââ¬â sought a system in wh ich countries would install democratic governments and that this in turn would allow them to peacefully resolve conflicts through the aid of international organizations (such as the UN which was established later that year). However, the Soviet Union held very different desires. Their goal was the control of international affairs for bordering Eastern European countries. However, despite differing ideologies, Stalin also wanted continued peace with Britain and United States. These disparities showed the signs of an international conflict, however at this point that assertion might have been slightly premature. The Allies were still entirely attempting to cooperate and fairly, peacefully, and intelligently reorganize post-war Europe. This was most accurately seen during two noteworthy conferences in 1945 ââ¬â Yalta and Potsdam. Although Yalta allowed for a successful agreement on the framework of how to handle post-war Europe, the conference established spheres of influence that set a dangerous precedent for the Soviet Union ââ¬â one that they would exploit in the coming years. Allied
Wednesday, December 11, 2019
Business Plan of a Coffee Shop-.com
Question: Present a Business Plan of a Coffee Shop. Answer: Introduction This report is a business plan of a coffee shop business. A business plan is a statement that describes the overall goals and objectives of a business and the manner the organization targets to attain those objectives. It is a formalized statement of the objectives of an organization and steps the organization will taking to attain those objectives (Abrams, 2013). These days, coffee shops are not only a trend but also a requirement. Meetings, conversations, a casual hang out with friends or a date with the beloved seems to be incomplete without a cup of coffee. Therefore, it can be said a coffee shop business can be lucrative business with good growth prospects in future. Moreover, on an analysis of the market it can be said the return in this business is quite high. About the Business The entities that are currently involved in this business are doing very well. The profitability graph of the entities engaged in this business seems to rise ever since these entities entered this industry. The average yearly revenue of a medium sized caf in Australia ranges between $50000 to $75000. Therefore, entering this venture is a good option. The proposed name of the coffee shop is Coffee Time. It will provide the customers with a variety of coffee options. Further, different varieties of snacks will also be available. Moreover, few indoor games will also be kept to attract the customers. Objectives of the Business The motive of the business is to make profits. In the first year of the business, the caf might not have enough profits to cover all its expenses or it might have to incur some losses. However, the sales forecast shown in the appendix indicates that the company aims to increase the sales by 1.5 or 2 times the following years. The owners aim to maintain an innovative approach in doing business. However, it shall be ensured the quality of the products shall not be compromised with, in the haste of earning profits. The owners have decided that business will be done with the objective maximizing profits along with proving at most satisfaction to its customers. Current Market Conditions The cafes currently in business are doing very well. The results of the research reveals that the current coffee shop chains had started their business from a small shop and with be passage time these coffee shop chains started growing and ever since then, these coffee shops have been reaping huge profits. Although, according to the research the market status indicates good prospects in this business still, new entrants in this business shall have to face tough competition in this industry. This brings the importance of inventing and exploring unique ways to attract more and more customers. The current condition of the market indicates towards the fact that there is plenty of scope in the market to absorb new entrants in the industry as the people of Australia are coffee lovers. The major coffee consumers are the students that range approximately within 40% to 50% of the total coffee drinkers. The office goers who drink coffee consist of 20% to 30% of the total coffee drinkers. The t eenage crowd can be said to be 10% of the total coffee drinkers. The other groups who drink coffee are homemakers, old and retired persons that make up the remaining 20% to 30% of the coffee drinkers crowd. This is a great opportunity for the company and the company should try its best to make the best use of this opportunity. SWOT Analysis of the Business A SWOT Analysis of the business shall enable the owners of the business understand the strength, weakness, opportunity or threat involved in a business. Therefore, a SWOT analysis of the coffee shop business conducted and the details are shard below: Strengths In a swot analysis strength refers to those factors that are within the organization and place the organization in a stronger position than the other organizations working in the same industry (Bridge, Hegarty, 2013). In case of Coffee Time caf, the main strength of the cafe shall be its location. The owners of the caf plan to rent a place close to a college area. This shall enable the caf to attract college students who constitute the major portion of the coffee consumers. Moreover, the cafe owners are willing to come up with varieties of new and innovative snack ideas. The gaming area of the caf is yet another bonus, which shall attract more, and customers and shall distinguish this caf from the other cafes of in the area. Weakness In a swot analysis, weakness refers to those factors that are present within the organization that place the organization in weaker position than the other organizations that are operating the same area of the business (Gallo, 2014). In case of Coffee Time caf, the main weakness is that it is the shortage of space. The owners of this caf have limited funds to finance the business and cannot afford to hire a bigger place as the rent and the deposit of a larger place is too high. Another weakness of this caf is that the caf will not be able to provide the facility of home delivery. Due to shortage of funds, the owners of the caf shall not be able to hire delivery staff and purchase vehicle for delivery purposes. This is a major weakness as most of the cafes in the area provide home deliveries. Another weakness of the caf is that the caf might not be able to order premium blends of coffee from overseas. However, these weaknesses can be overcome in the coming years as the caf starts grow ing and earning good profits. The owners can think of expanding and providing home delivery services once the caf gets established in the market and attains stability. Opportunities Opportunities refer to those external opportunities that are available to all the organizations working in the industry (Eremenko, 2012). In case of Coffee Time Caf, the main opportunity is that the caf is located in a college area and it can be expected that the college crowd would be visiting the place. Moreover, attractive discounts for the frequent customers shall also give an opportunity to make long term relations with its customers. The price of the items of this cafe have also been kept low in comparison to other cafes keeping in mind that the caf would be dealing with more of student crowd who have limited funds. Threats In Swot analysis, threat refers to those external factors that weaken the position of all the organist ions operating in the industry (Finch, 2013). In case of Coffee Time caf, the major threat the caf would be facing is the competition prevailing in the industry. The caf would be facing very strong competition from the cafes which are established in this industry and are operating since a very long time. Another factor that needs to be considered is that since the caf is located in a college area, there is a high probability that the business of the caf might get highly affected during the period when the caf remains closed. Moreover, another point that needs consideration is that the menu of the caf contains lesser number of items in comparison to the other cafes, which cause the customers to go elsewhere. Coffee Time Caf needs to prepare strategies to deal with such situations that might arise in future. Analysis of the Feasibility of the Business START UP COST Particulars Amount Legal fees to consultants 1000 Stationery 1500 Deposit for renting the space 3500 Remodeling Expenses 3500 Equipments 4500 Crockery 3500 Furniture 4200 Opening Inventory 8000 Other Expense 2500 Total Start up Expenses 32200 The table given above indicates the expected start up expanses of the caf. The owners of the caf can obtain a loan of $25000 to $50000. Hence, the expected startup expenses of the caf are within the loan amount that the owners of the caf can receive. However, the net present value of the project and the payback period of the venture needs to be analyzed before going ahead with the venture. Expected Income from Business Income from sale of Coffee $8,000.00 Snacks $10,000.00 $18,000.00 The owners of the caf plan to earn a gross profit of 20% on sales. Therefore, the cost of gods sold shall be as follows Coffee $5,600.00 Snacks $7,000.00 $12,600.00 Gross Profit $5,400.00 Expected Operating Expenses Rent $450.00 Insurance $300.00 Electricity $400.00 Staff Expenses $2,000.00 Telephone internet $350.00 $3,500.00 Net Cash flow $1,900.00 Expected Cash Inflow in the 5 years Year 1 Year 2 Year 3 Year 4 Year 5 Inflow $18,000.00 $27,000.00 $40,500.00 $60,750.00 $91,125.00 Cost of goods sold $12,600.00 $18,900.00 $28,350.00 $42,525.00 $63,787.50 Operating Expenses $3,500.00 $3,675.00 $3,858.75 $4,051.69 $4,254.27 Net Cash flow $1,900.00 $4,425.00 $8,291.25 $14,173.31 $23,083.23 PV of Cash flows (10%) $1,727.27 $3,657.02 $6,229.34 $9,680.56 $14,332.87 PV of net cash flows in 5 years $35,627.07 Less: Start up Expenses $32,200.00 NPV of the project $3,427.07 Payback period Total profits in 5 years $51,872.79 Average profit per year $10,374.56 Start up Expenses $32,200.00 Payback period 3.10 It can be seen in the table given above that the cash flows inflows and outflows of Coffee Time Caf have been estimated for the first five years in order to calculate the net present value of the venture and the payback period of the venture. A conservative approach has been adopted in estimating the cash flows. However, it can be seen that the net present value of the venture is positive which indicates that the proposal should be implemented. Moreover, payback period of the venture indicates that Coffee Time caf will be able to recover its start up costs within 3 years. Timescale Diagram Given below is a time scale diagram which indicates the time required to commence a coffee shop business. No Activities/ time Jan Feb Mar 1 Weeks 1 2 3 4 1 2 3 4 5 1 2 Identification of the business to be set up 3 Research about the business 4 Market Analysis 5 SWOT Analysis 6 Obtaining the licenses 7 Finalising the place of business 8 Remodelling 9 Purchasing the furniture 10 Hiring the staff 11 Purchasing the opening inventory and commencing the business Recommendation It can be recommended from the above analysis that the owners of the caf should go ahead with the venture as the caf industry is a promising industry and entity entry this industry can earn huge profits. Moreover, the net present value of the business is also is positive and the payback period is also short. Therefore, the venture should be undertaken as it will pove to be quite profitable in the long run. Conclusion It can be concluded from the above discussion that a business plan considers all the aspects of a start up business which enables that a particular venture should be undertaken or not. On the market analysis, swot analysis and evaluating the venture by calculating the present value of the venture, it can be concluded that the owners of the caf should go ahead with the venture as it will reap huge returns in future Bibliography Abrams, R. (2013).Business Plan in a Day: Prepare a Polished Professional Business Plan in Just 24 Hours!. Planning Shop. Arnold, G. (2013).Corporate financial management. Pearson Higher Ed. Barrow, C., Barrow, P., Brown, R. (2012).The business plan workbook. Kogan Page Publishers. Bridge, S., Hegarty, C. (2013).Beyond the Business Plan: 10 Principles for New Venture Explorers. Springer. Bryman, A., Bell, E. (2015).Business research methods. Oxford University Press, USA. Eremenko, N. (2012). The purposes and functions of the business plan at the present stage of economic development.New University. Series: Economics and Law, (4), 41-43. Finch, B. (2013).How to write a business plan(Vol. 35). Kogan Page Publishers. Gallo, A. (2014). A refresher on net present value.Harvard Business Review,19. Hair, J. F. (2015).Essentials of business research methods. ME Sharpe. Hiduke, G., Ryan, J. D. (2013).Small business: an entrepreneur's business plan. Cengage Learning. Larson, E. W., Gray, C. (2013).Project Management: The Managerial Process with MS Project. McGraw-Hill. Wade, A. (2012). Writing a business plan. Zikmund, W. G., Babin, B. J., Carr, J. C., Griffin, M. (2013).Business research methods. Cengage Learning.
Subscribe to:
Posts (Atom)