The Business Plan Workbook 7th Edition Colin Barrow, Paul Barrow, Robert Brown - Solutions

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Robin is a shop owner on a street that is prone to drug-related offences by a notorious gang. The police are sure that the gang are the perpetrators, although they have little evidence to bring a case against them. The police request permission from Robin to use his shop as an observation point
It has been said that the operation of PII can lead to unfairness with potentially relevant material being withheld. Where should the balance lie?
‘The old class system was justified. There are certain types of documents that should never be exposed as a matter of principle.’ Discuss with regard to the old principle of Crown privilege and the current law as it stands regarding class claims.
Andrew and Zack are charged with inflicting grievous bodily harm on George contrary to section 18 of the Offences Against the Person Act 1861. Andrew alleges that he kept watch while Zack beat George with a cricket bat in a nearby alleyway. Zack claims that he kept watch while Andrew attacked
Molly has recently been diagnosed with depression. She finds it difficult to concentrate and is easily agitated. She has recently been charged with the murder of her friend, Alisa, and wishes to run the defence of diminished responsibility. Will the defence be able to call an expert to testify in
Graeme is called to testify against Hugh, who is on trial for causing death by dangerous driving. Graeme was at the pub with Hugh on the evening in question. They had several pints of beer together, followed by some whisky. As they left the pub, Hugh appeared unstable on his feet and fell over
‘The general rule is that expert evidence of a psychologist or psychiatrist is inadmissible where the defendant is a normal person.’ To what extent does this statement accurately reflect English law?
‘Both the civil and criminal courts of England and Wales now admit hearsay evidence too readily.’ To what extent do you agree with this comment?
Akram, Boris, and Chardonnay are charged with conspiracy to evade the duty on cigarettes and tobacco. Police and customs officers raided a warehouse, and found several thousand packs of cigarettes and tobacco on which duty had not been paid. All three defendants deny involvement in the conspiracy
Consider whether the bad character of the defendant is admissible at trial in the following circumstances.(a) Mandy is charged with theft from the person. It is alleged that she stole a handbag from a woman after showing her a purse and asking if it was hers. When the woman took her handbag out
Darren, Len, and Martyn are charged with causing grievous bodily harm with intent. It is alleged by the prosecution that Darren, the leader of a local criminal gang, was furious that the victim, Jeff, was having an affair with his wife. As Jeff was leaving his work at a local pub late one
In its 1972. report, the Criminal Law Revision Committee expressed the view that mistaken identification was ‘by far the greatest cause of actual or possible wrong conviction.’ How satisfactory has the response of the courts been in terms of addressing this problem?
‘Since the mandatory warnings have now been abrogated, the English law of evidence need no longer concern itself with the issue of corroboration.’ Discuss the issues arising in the above quotation.
Police suspect that Joe and Dave are dealing in cannabis. Having kept them under close surveillance, two officers break into the flat one night after seeing the two men leaving. Without the appropriate authorisation, they install covert listening devices in the kitchen. Over the next two weeks, a
Critically evaluate how serious violations of PACE and the Codes of Practice have to be before evidence will be ruled out under section 78.
In Sang [1980] AC 402, Lord Diplock stated that a trial judge ‘has no discretion to refuse to admit relevant admissible evidence on the ground that it was obtained by improper or unfair means’ (at 437). Is this still an accurate summary of the law?
Ahmed and his girlfriend were arrested on suspicion of making a fraudulent claim on their insurance in respect of an alleged burglary of their flat. Ahmed refused a solicitor and signed the custody record to that effect. During a taped interview, Ahmed asked the interviewing officer what was likely
Julie is a 21-year-old medical student. During her training on a hospital ward, a young boy died after his oxygen equipment had been tampered with and a tube detached. Police arrested Julie on suspicion of murder. She was detained for a total period of 49 hours.Owing to an administrative error, the
Ben is a heroin addict who was arrested for burglary. The police realised he was a drug addict and made no attempt to interview him until 18 hours after his arrival at the police station. Before being interviewed he was asked if he wanted to see a solicitor. He said he did not and signed the
Aaron is a mature businessman, a director of a number of companies and former mayor.He was arrested on a charge of corruption at 6.30 am on Monday in the presence of his wife and taken to a police station. He was refused access to a solicitor by a superintendent who stated that, in reliance on
Pauline is stopped outside a local clothes shop by Tansey, a fellow shopper, who accuses her of placing a T-shirt in her bag without paying for it. Pauline shrugs her shoulders and walks on. Later that evening, the police arrest Pauline on suspicion of theft. At the police station, Pauline’s
‘When the decision was taken in 1994 to introduce legislation formally enabling the tribunal of fact, if it thought fit, to draw an adverse inference from the defendant’s failure to respond to questioning, the Act had to thread its way through a veritable minefield of motivational and
‘The danger is that the less responsive an accused is, the more difficult it will be for the court or jury to make any inference that it can be satisfied is correct. They are left to speculate about what people in the accused’s position might be expected to do if guilty or innocent.’ Consider
‘Section 41. has clearly failed in obtaining its legislative goal; the time has come to overhaul the provision in order to ensure that previous sexual history can never be adduced against a complainant in a rape trial.’ Do you agree with this statement?
Elliott was engaged to be married to Christine for several months in 2001, during which time full intercourse regularly took place between them consensually. Christine broke off the relationship when she discovered that Elliott was sleeping with another woman.In June 2006, they met again at a party
Dan is charged with robbery. It is alleged that he snatched a handbag belonging to Martha, after knocking her to the ground. You are asked to address a number of questions in respect of the following witnesses, who will testify at trial.(a) Martha, aged 62, is the alleged victim. She identified Dan
Should special measures apply equally to all vulnerable witnesses, irrespective of whether they testify as part of criminal or civil proceedings?
‘While the government may well have had honourable intentions in introducing a wide range of special measures for vulnerable witnesses, ultimately such measures are unlikely to change the experience of testifying for many. Not only is the legislative framework which created the special measures
‘The courts should only resort to anonymity orders for fearful witnesses in the most exceptional of cases. If a lesser measure would suffice, then that measure should be implemented.’Does this quotation reflect the rules relating to witness anonymity in English law?
Consider what measures, if any, the court may put in place to assist the following witnesses:(a) Alec, who was subject to a series of sexual assaults when he was 8 years old and living in a local care home. He is now 16, and has just reported the incident to the police. He is likely to be 17 by the
‘The rules concerning the compellability of spouses in English law are outdated and in pressing need of reform.’ Do you agree with this statement?
Why do you think special exemptions exist to limit the compellability of diplomats and foreign heads of state? Are these exceptions justifiable?
Pauline, aged 18, has an IQ of 70 and a reading age of 8. She is stopped on her way out of a local clothes shop by a security guard who accuses her of placing a T-shirt in her bag without paying for it. Is Pauline competent to testify in her own defence?
The prosecution wishes to call David’s estranged wife, Clara, to testify against him on sexual abuse charges against his 12-year-old niece. Clara is reluctant to testify; can she be compelled to give evidence?
Sanjay, aged 8, has witnessed a burglary at his parents’ home. The prosecution wants to call him to give evidence concerning the identity of the accused. Will the prosecution be able to call him to give evidence?
Where the prosecution has proved assistance in the commission, preparation or instigation of an act of terrorism by an act or omission it is a defence for the accused to prove that he either did not know or had no reason to suspect that the assistance given was in the commission, preparation or
It shall be an offence for any person to assist another in any way whatsoever whether by act or omission in the commission, preparation or instigation of an act of terrorism.
Is it true that the inquisitorial system does a better job at fact-finding than the adversarial system?
Should the criminal trial prioritise truth-finding over and above other goals?
To what extent do the rules of evidence hinge on the historical use of juries in the adversarial system?
Where on the adversarial–inquisitorial spectrum do you think the English criminal trial lies?
Why have the adversarial and inquisitorial systems evolved so differently?
5 Who aside from your team can you enlist to advise on your business plan?
4 Prepare and rehearse a presentation of your business plan.
3 Who can help you to edit and rewrite the final version of your plan?
2 Write a first draft of your business plan along the lines recommended.
1 Who do you propose to send your business plan to first, and why have you chosen them?
2 Why do you consider them important?
1 What other business controls do you plan to introduce into your business at the outset?
3 What other marketing records do you plan to keep, eg for advertising costs and results?
2 Draw up a customer record card for your business, or show your existing one.
1 Describe your records for monitoring sales activities.
6 What would you consider changing as a result of carrying out your ratio analysis (for example, collect money in faster, carry less stock)?
5 How do those ratios compare with those of either a competitor or your current organization?
4 What will your basic business ratios be if you achieve your financial objectives?
3 Who will keep the books and produce the accounts?
2 What control information does it produce and with what frequency?
1 What bookkeeping and accounting system have you chosen and why?
13 What contingency plans do you have to either manage or minimize the consequences of these risks?Risk area Plan Effect
12 What are the key risks that could adversely affect your projections?(These could include technical, financial and marketing risks.)Risk area Financial impact on:Sales Profits
11 What further private cash, if any, is available to invest in the business?Source Date Funds provided Amount £/$/€Total £/$/€
10 Will you be receiving any grants or loans to help to finance your business(other than from the organization to which you are now applying)?Source Date Funds provided Amount £/$/€Total £/$/€
9 What security, if any, is available as collateral for any loan?Security Value £/$/€Total £/$/€
8 What exit route(s) could be open to potential investors?
7 What percentage of your venture would you be prepared to sell to raise the required funds?
6 If you plan to issue shares, how will you value the business?
5 How and when will any borrowing be repaid? Do a list like this:Source of repayment Amount £/$/€ Date Total £/$/€
4 Prepare a schedule showing when you need these funds.
3 Where do you expect to raise the funds you need to finance your business?
2 How does this compare with the sum that you and your partners or shareholders are putting in (ie level of gearing)?Gearing =Total funds required for business Money put in by you + shareholders For example, if you already have £/$/€1,000 of assets and are looking for a loan of £/$/€5,000,
1 Based on the maximum figure in your cash-flow forecast, how much money do you need and what do you need it for?
6. Calculate your estimated profit Projected sales £/$/€– Break-even sales (D) £/$/€+ Gross profit margin (B) %= Profit (for 12 months) £/$/€
5. Calculate the monthly target to break even Break-even sales (D) £/$/€6= Monthly break-even sales £/$/€ ———————
4. Calculate your actual turnover required to break even Overheads (C) £/$/€Gross profit margin (B) %= Break-even sales £/$/€ (D)
3. Calculate your overheads Indirect costs:Business salaries(including your own drawings) £/$/€+ Rent £/$/€+ Rates £/$/€+ Light/heating £/$/€+ Telephone/postage £/$/€+ Insurance £/$/€+ Repairs £/$/€+ Advertising £/$/€+ Bank interest/HP £/$/€+ Other expenses(eg
2. Calculate your gross profit margin Gross profit (A) £/$/€× 100 Sales £/$/€= Gross profit margin % (B)Notes:
1. Calculate your gross profit Projected sales £/$/€– Direct costs:Purchases (material costs) £/$/€Labour costs £/$/€= Gross profits £/$/€ (A)
3 Construct a balance sheet at the end of years 1, 2, 3, 4 and 5 assuming you achieve the level of sales in your sales forecast. These should be done after you have completed the pro forma profit and loss account (Assignment 19) and pro forma cash-flow forecast (Assignment 18).
2 List and explain the assumptions underpinning your financial forecasts.
1 Construct a balance sheet for your business as it might look on the day before you start trading. This should be done now.
3 Carry out a sensitivity analysis, noting by how much each of the following must change seriously to affect the apparent viability of your business plan:(a) Sales lower by x per cent(b) Fixed costs higher by x per cent(c) Cost of goods sold higher by x per cent.
2 Construct a four-line summary (sales, gross profit, operating profit and profit before tax) of your profit-and-loss accounts for the full five years (annually).
1 Construct a profit and loss account for years 1, 2, 3, 4 and 5, assuming you achieve the level of sales in your sales forecast. Include a statement of key assumptions made.
2 Construct a cash-flow statement for years 1, 2, 3, 4 and 5 assuming that you achieve the level of sales in your sales forecast.
1 Construct a cash-flow statement for the pre-trading period leading up to‘opening’ day.
6 Give an estimate of the likely market share that these forecasts imply.
5 Support your forecast with examples from other similar ventures started recently, and drawing from company accounts and other sources.
4 Prepare a sales forecast by value and volume for each major product group(eg for a hotel: bedrooms, restaurant, off-licence) throughout the whole period of the business plan – eg up to five years (monthly for years 1 and 2 and quarterly thereafter).
3 Give market research data that support or verify these forecasts. This is particularly important for ventures in the retail field, for example, when names of customers are not necessarily known in advance.
2 Provide details of all customers you expect to sell to over the forecast period, and how much you expect to sell to each.
1 Provide details of any firm orders on hand.
7 How will you ensure your computer system is kept virus free?
6 What hardware other than a computer will you require?
5 Describe the software you will need to ensure your business can run effectively.
4 What back-up systems will you use to ensure vital data is not lost?
3 How will you handle your incoming and outgoing mail?
2 Determine the specification of your computer system.
1 What telephone and absent answering systems do you plan to use and why?
10 Have you incorporated the cost implications of building and running your website in your financial forecasts?
9 How will you upload new information to your website, keeping it current and topical?

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The Business Plan Workbook 7th Edition Colin Barrow, Paul Barrow, Robert Brown - Solutions

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