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- On one fortunate day, you won a lottery of RS 500,000. Now you want to start your own business and after the discussion with your family and friends you come up with the idea to open a “Bakery” in defence phase 8 Karachi. But due to the current economic condition, the amount is not sufficient to start the baking business. You decide to go to an investment bank to finance your business idea. Unfortunately, the investment bank does not like your idea of opening the bakery and give you 2 other options for which the bank can provide you Rs 1 million. Option 1, invest in a Hardware store, and option 2, invest in a petrol station. The bank asked you to analyze the environment and provide answers to the following questions to get the investment of Rs 1 million What sectors directly affect both options (petrol station, Hardware store ) what sectors indirectly affect both options (petrol station, Hardware store) Using the environmental uncertainty framework both options come under which…Teasha Pratt will graduate from high school next month and cannot decide what she wants to do. She had originally planned to go to college and major in marketing and accounting, but now she is thinking about opening her own business. Teasha has worked in a gift store for the last two years and gained a lot of experience and knowledge by working with inventory, pricing, customers, and accounting. However, her real interest is in crafts. After conducting some marketing research, Teasha determines that there is a very small market for a craft store (there are currently two craft stores in town), but there is a larger market for a gift store. Teasha decides to open a small gift store in the mall with a loan from the local bank. After much hard work, she locates two suppliers, Gifts Plus Wholesalers and Hearts Manufacturing Corporation, hires employees, buys display equipment, accounting equipment, a cash register, supplies, etc. Three months later, she is ready to open her store.…Jimmy recently graduated from medical school and is working for a hospital system. He is not worried about his medical school debt because it is relatively low compared to his income, but he would like to begin saving and investing for his children's college education, his retirement, and the purchase of a family home. He is also concerned about protecting his family financially if something were to happen to him. Which of the following financial professionals would be the best option for Jimmy? Question 8 options: Stockbroker. Insurance agent. Certified Financial Planner® Accredited Financial Counselor.
- For the next problem, I am going to explain a scenario and you need to state True OR False. You will then need a written rationale explaining your choice. Be sure to be specific in rationalizing your answer. You must use your own words. It is a good idea to provide a solved example to reinforce your point. To receive full credit, be sure to give a thorough explanation of why this statement is true or false (approximately 50 words). Michael decided that investing at a higher interest rate for 7 years is a better choice for his $7,500 investment (he got for his birthday). The company he chose offered 3.5% monthly, and the other company offered 3.425% continuously. Michael chose the better option! You will need to submit your work on this problem, giving a detailed explanation of WHY and how much more the better option will produce. O True O FalseNour was a financial consultant who liked to work with his hands, especially in making furniture. He quit his rat race financial job to start a small custom furniture business. After struggling for several years, he closed it and went back to financial services. Nour discovered that there was a big difference between making furniture for himself and running a customer furniture manufacturing business. Nour's business failed because of _______________. * uncontrolled growth poor financial control an inability to access start-up capital his lack of experienceI.M. Aruban has a sandwich shop in a downtown business district. Several ofhis customers have said that they would purchase from his shop more oftenif he offered a delivery service. I.M. is considering establishing a deliveryservice to meet the needs of his market. He believes that he will have to purchasea fax machine, install a new phone line for the fax machine, purchasea delivery van, and hire at least one delivery person. I.M. asks your advice indetermining whether he should take on the delivery service venture.a. What steps would you recommend that I.M. use in reaching a profitabledecision?b. Explain to I.M. what each step involves.
- what are the funding requirement for a start up restaurantAssume Louise has inherited a large sum of money and wish to use it to make a real estate investment. She is a working professional in her late 30s. a. Would you recommend her to invest in income property or speculative property? Why? Describe the key characteristics of the income or speculative property on which she would focus her search. b. Louise has studied economics and knows about demand and supply, yet she doesn’t understand how to apply them to an investment analysis. Advise Louise in a practical way, how she might incorporate demand and supply into an investment analysis of property investment?What finances do you need to have to achieve getting somewhere with Cosmetology? For instance to build your own salon?
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