Laundromax Case Study Example | Topics and Well Written Essays - 750 words

Laundromax - Case Study Example With my financial management role, my plan for financing would start with personal owner equity. This would act as a show to outside investors of the personal trust that the founders have in the growth and success of their business and hence worth a further inducement for additional outsider investment. In order for Laundromax to attain self-sufficiency as a company, 100 stores must be established at an estimate of $500,000 per fully functional and operational store. This puts the total capital required to attain self-sufficiency at an estimate cost of $50,000,000. With such heavy initial capital outlay, personal equity would not be sufficient to meet this expenses and hence the vision of the business. I would result to investment capital with major focus on investment banks and venture capital firms who are willing and able to raise a major part of the required capital in return for an equivalent stake in the company’s assets. ... The rate at which the funds should be infused in the business will be greatly dependent on the strategic expansion motive of the management. In this case, from the given projections, the 100th store may be opened sometime in the 4th year of operation with the highest number of store opening before the 100th being in the third year. Thus, according to the historical information and the forecasts presented, the preferable allocation of capital according to the number of stores required would be $4,500,000 in the first year, $11,500,000 in the second year, $25,000,000 in the third year and $14,000,000 in the third year to attain the 100th store mark comfortably. The above estimations of the capital requirement of the business in its various stages of development are not sufficient financial projections to be able to convince potential investors of the financial soundness of the business and to give them assurance of the security of their investment. In order to present a proper financia l plan in their business plan, Reese and Mounger should include certain financial forecasts including: Cash flow forecasts, A break-even analysis, A projected statement of profit or loss, and A projected statement of financial position. There in, the cash flow forecasts give a view of the expected cash inflows and out flows to and from the company, the break even analysis shows the expectation of future profit by the company detailing the point at which the company would equate expenses to revenues generated, A projected statement of profit or loss details the expected revenues and expenses to the company, while the projected statement of financial position shows an expectation of the company’s holding of assets and liabilities. With these projections, Reese and Mounger would have a

The legality of downloading mp3 Research Paper Example | Topics and Well Written Essays - 1500 words

The legality of downloading mp3 - Research Paper Example There are many contradictory opinions on this subject, and the fact that day by day the number of illegal mp3 downloads grows just makes the matter more and more actual and painful for the people whose work is being stolen. Transmitting mp3 files over the Internet has become by far the most popular method of distribution, generating in this way controversial and intense debates. This subject has been chosen for the research paper not only due to the indisputable popularity of the illegal actions, but also because of the fact that most of us have at least once downloaded the music we like by using these illegal sites, even if we are aware that it was wrong. Nevertheless, â€Å"the law enforcement community in the twenty-first century seems to have finally awakened to the fact that ...computers are here to stay†1 and something must be done in order to solve this problem as efficiently as possible. The term paper will be focused on revealing the essence of the growing popularity of illegal mp3 downloads, the legal matters that arise from these actions and come up with some recommendations on combating this phenomenon. The author will focus both on the national Canadian context, as well as on the international one, pointing out the main differences and similarities and analyzing them. The paper will be finished with the conclusions, where the personal opinion of the author is expressed, as well as some recommendations, which, in the author’s opinion, could improve the statistics. It is not possible to talk about illegal mp3 downloads in Canada, where downloading music from peer-to-peer networks is legal, uploading it being against the law. â€Å"Canada has a private copying levy, which grants the right to make personal, non-commercial copies of sound recordings. Canada has imposed levies (fees) on recording mediums like blank CDs and similar items. These levies are used to fund musicians and