Overview In order to significantly increase the chance of success for any new business venture, a well-established and knowledgeable team must formed. Ideally, individuals in this team can complement one another and more specifically, along with possessing core business competencies, must possess the technological, sales/marketing and financial capabilities. In the case of Artemis Images, although Christine possesses the sales and marketing competencies due to her previous work experience, the overall business is limited in terms of business experience and knowledge, finances and technical capabilities required to succeed in this technologically demanding industry. Advice and Recommendation First and foremost, a company cannot sell a product/service if it does not work. More specifically, although the team appears to possess the technological capabilities required to develop a content management service, the current underlying technological issue is the development of the website itself. Thus, the first course of action is to immediately address the website and have it up and running as soon as possible. Obviously, this task is difficult to address due to the current financial state of the business. Furthermore, due to the proven unreliability of the current web development company, it is suggested that Christine immediately seek proven web development services elsewhere. In order to attain the funds required, Christine could re-approach the initial investor who withdrew
A successful internet startup company, CanGo has grown from a small retailer of books to an online retail hub where customers can purchase games, movies, music, and books. CanGo is looking to move forward into new and emerging markets such as online gaming while seeking to enhance their current operations through the use of technology. In order to help address any issues which may occur because of these proposed changes, CanGo has enlisted our consulting firm to help them with their financial and managerial problems. We have identified several key areas in which the company could stand to improve, and highlighted several important financial ratios which will help the firm to monitor its position as it moves
The team would suggest contracting out work for securing the website to a company with a lot of experience. This should be done before any interactions with customers happen online. There are many threats to e-commerce that can hinder a website. The new site needs to be secure from potential hackers and viruses. The first line of defense should be secure servers with controlled access. Firewalls should also be utilized to prevent unauthorized access to the servers. Since McBride Financial will be collecting sensitive customer information over the website security can be increased by having customer’s use passwords to access customer’s own information. If a customer’s
Paula Green, a U.S citizen and our client, is preparing to expand her business into landscaping field. Before the expansion, Paula already has already been operating the Green Thumb Nursery whose total assets with a $260,000 adjusted basis and a $500,000 FMV. To avoid the risk of paying unlimited debt, Paula plans to change business form from sole proprietorship into corporation. And Mary Brown, a U.S citizen and the other client, would like to invest $250,000 into this corporation.
Collin County is a governing body north of Dallas that has been experiencing rapid growth over the past decade. Planning for the population growth, businesses expansions, and county debt has been needed in order for the county to be sustainable during the great recession.
In Ishmael Beahs memoir A Long Way Gone the author’s natural images reveals his scramble to stay mentally stable. Understanding Beah is only 12 years old; Beah is confused as he loses all his family and friends and scrambles to stay alive as he runs from the rebels who have brutality kill anyone who stand in there way. To begin, in the stillness of nature Beah struggles to keep his mind from wondering.
What seems to be the main issue is actually getting to build the prototype. Without it, lot of potential investors turned it down. For venture capitals and future potential clients to show further interest, Shane needs to show them a working prototype. However the prototype itself requires an investment of $250,000, this has proven to be difficult to raise. Without the prototype no one is willing to invest in the business, and without the investment Shane is unable to build a prototype. He is stuck in a vicious cycle and needs to find a different way to raise capital for his prototype.
This case gives comprehensive coverage of a firm’s decision to start an initial public offering but also to go through the process of going public. TRX is a company managing travel-and-data processing activities for its clients. Its target market has significant transaction volume in travel agencies, travel suppliers, large corporation and credit-card issuer. Regarding its service offerings, it focuses on transaction processing, data integration and customer care. Its fortune tied to the overall health of travel industry. TRX generates a lot of revenue but less profit. Trip Davis, Chief Executive Officer of TRX, Inc. decided it was time to raise capital in order to fund the growth of the company. His main focus was to accomplish a strategic recapitalization of TRX. This case gives a brief history about several events from the company’s incorporation in 1999 through the completion of an IPO in September 2005. The main goal is to raise capital but there is also a consideration of another reason for going public. In November 1999, they tried to go public but the IPO was never finalized. After the failed IPO, Trip Davis and TRX president decided to focus on strategic investors in order to raise $20 million convertible into equity at $11 per share. In 2004, he believed that Sabre, Inc. one of the largest strategic investors was not working for the best interest of the company. He took into consideration three possible capital raising options: IPO, private placement of equity, or
of their lover or beloved. He gives numerous examples, including that of Alcestis taking herhusband Admetus’ place when he was slated for execution (179b-c), and Achilles avenging Patroclus’ death by Hector even though he knew that Hector’s death would soon befollowed by his own. Achilles did so because he cherished Patroclus’ love and wanted to joinhim in the afterlife (179e-180a). The gifts bestowed by the gods on Alcestis and Achillesshow that “there is no valor more admired by the gods than that which springs from love”(180a-b), and that they “esteem any courage or self-sacrifice displayed in deeds of love”(179d). We stated above that according to Diotima, knowledge and an appreciation of beauty leadsto virtuous acts. Indeed, the knowledge
........................................................................7 7.0 Financial Plan .........................................................................................................................................7 7.1 Start-up Funding ...........................................................................................................................7 7.2 Important Assumptions ..................................................................................................................8 7.3 Break-even Analysis ......................................................................................................................8 7.4 Projected Profit and Loss ..............................................................................................................9 7.5 Projected Cash Flow....................................................................................................................12 7.6 Projected Balance Sheet .............................................................................................................14 7.7 Business Ratios ...........................................................................................................................15
In light of the organization 's affect ability to obligation settled component, I consider it a far-fetched resource of assets to fund the 2005 profit they guaranteed. Despite the fact that a 2005 profit guaranteed, but it doesn 't imply that a stock buyback is not feasible or off the table. However, every alternative requires a new source of assets.
I’ve learned over the years that my mother, sister, and I are all American Cherokee Indian. My “Greatest” great-grandmother, what i like to call her, followed the culture of Cherokee Indians. She believed in magic, spirits, and veneration of her ancestors, Although I didn’t get to speak to her much about her history and culture often, I tell how much she wanted my mother and her children to embrace and never forget where we come from. To be exact from my knowledge my ancestors move up to New York and continued their lives here. This is where my mother was born and raised. Unfortunately I’ve never met my grandmother, my mother’s mom but I’ve heard she was a heartwarming lively woman about who she was. My mother doesn’t follow right after my
Hart Venture Capital (HVC) specializes in providing venture capital for software development and Internet applications. Currently HVC has two investment opportunities: (1) Security Systems, a firm that needs additional capital to develop an Internet security software package, and (2) Market Analysis, a market research company that needs additional capital to develop a software package for conducting customer satisfaction surveys. In exchange for the Security Systems stock, the firm has asked HVC to provide $600,000 in year 1, $600,000 in year 2, and $350,000 in year 3. In exchange of their stock, Market Analysis has asked HVC to provide $500,000 in year 1, $350,000 in year 2,
Another issue was the finance from the conventional sources which were reluctant to invest. They would need at least £235,000 to add to their own invest of £45,000 to cover the costs and operational losses for 12 months period. But, if it works out, then they would at £1 million profit by year five. Despite their enthusiasm and impressive CVs, the business angels deterred by their lack of experience in this market sector. However, they managed to get an appointment with Maurice Pinto, a private investor, who agreed to invest £235,000 for a 20 percent share in the company.
To secure future contracts, this project needs to be put back on track so both companies can achieve mutual profitability.
This report is focusing on the strategies adopted by Canon and the strategies when Canon is facing competitions. This report shows that how Canon survives in the market and keeps its long lasting growth in market and profit.