Investigation of a business development proposal for a centre store in Essay

Investigation of a business development proposal for a centre store in the business - Essay Example earned from the newly rented premises Expected income: these are the actual earning that are expected to be generated from the new premises Build up factor: it is the percentage of the maximum possible income that the managers of the business hope to make in the first few years after start up Cost of sales: these are the expenses that incurred in order for the business make sales and may include cost of raw materials and transportation cost among other costs. Net cash flow: this is the difference between the total expenses and the total income that the business generated; it is the money that the business was left with after paying its expense (Day, 2012, p26). Discount factor: this is the rate at which the management of the business depreciates the capital goods in the premise; the depreciation rate is done on an annual nominal rate Present value of net cash flow: this is the cash flow of the business that has been adjusted for depreciation. The purpose of this report is to analyse the financial viability of expanding the business by renting additional floor space and setting up branded boutiques for brand name such as Maine and Gucci, Principles, Miss Selfridge, Warehouse, Timberland and Calvin Klein among others. Initial conclusion The net present value of the business expansion of Bristol stalls is 1, 399, 500 US dollars for the first three years after start up while the estimated cost of investments in terms of fitting and design total to 900, 000 US dollars. This shows that there is a difference of 499, 500 US dollars, this means that the business will have repaid the start up costs fully and made some significant profit margins despite not operating at the full capacity. According to calculations in the net cash flows that have not been adjusted for depreciation, the figures shows an upward trend which is encouraging as it shows the business will be able to increase its capacity to generate revenue if the trend continues. This will happen despite the inc rease in most of the other related costs apart from the miscellaneous costs, which are estimated to remain constant throughout the first three years after start up. Therefore, using the financial information generated by the cash flow, it is financially viable for the business to expand its operations by renting adjacent spaces in Bristol store. Sensitivity analysis One of the reasons that informed the above decision is the total costs that would be incurred in running the new business premises, these costs are relatively low as compared to the expected income that the new floor space will generate. The total expenses per quarter in the first year are 433, 375 US dollars, this is below the expected income of 540, 000 US dollars, subtracting these two figures one gets 106, 625 US dollars, which is the residue that remains after the basic expenses have been deducted. If the value of total costs was any figure above 540, 000 US dollars, then the business would have been left with a neg ative residue. For instance if the total costs were 600, 000 US dollars per quarter, then the residue would have

Setting up for urology procedure Essay Example | Topics and Well Written Essays - 500 words

Setting up for urology procedure - Essay Example To properly set up the theatre, the nurses and doctors should work together. The surgery room for the urology procedure needs to have all the equipments ready. This indicates that every item needs to be readily available in the room to avoid the doctors and nurses from running around trying to get the equipments once the procedure starts. The equipment also needs to be placed in a place that is within reach for the surgeons. This will facilitate running of the procedure efficiently. Surgeries are usually timed and it is important that all the equipment required be easily accessed by the surgeons with assistance from the nurses. The people chosen to set up the theatre for the urology procedure should have adequate knowledge of the procedure and what is expected of them. This means that not everyone in the hospital can be tasked with setting up the theatre because some of them may not have the required knowledge. When setting up the theatre, the people involved are encouraged to ask questions in case they need clarifications. This helps to avoid mistakes that may take place in the theatre during a procedure. Mistakes in the theatre pose a great risk to the patient, doctors, surgeons and the nurses involved. The individuals setting up the theatre should ensure that there is enough space to accommodate the patient, surgeons, assistants and all the equipments. Space also helps to facilitate easy movement in the theatre (Dasgupta, Fitzpatrick, Kirby & Gill 2010). Analysis of a situation also needs to be conducted (Ely & Scott 2006). This helps to understand why things happened as they did. In the event that a mistake happened, this process helps to understand why it did and the ways that it can be avoided in future situations. After setting up the theatre, it is important for the process be evaluated (Quinn & Hughes 2007). This means that the nurses or the leader of the surgery can check to make sure that all the set