Required 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.
In the report:
• 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 10%
• 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. Marks 10%
o Clearly identify a target selling price for your company’s products using supporting arguments from your research of the current market and any other source.
o Produce a per unit cost statement for each product, a breakeven point with underlying assumptions to support your figures.
o Prepare a Five Year Budget Income Statement using marginal costing principles
o Undertake 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
o Identify and discuss TWO major limitations likely to prevent you from achieving the business objectives.
o Reflecting on your overall learning experience briefly discuss what you have gained from undertaking the tasks in this assignment (max 250 words or 1 page).