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This isn't a marketing question but Operations management and Accounting. Activity 2: Your partner and you have started a new business buying and selling, over
This isn't a marketing question but Operations management and Accounting.
Activity 2: Your partner and you have started a new business buying and selling, over the internet, products from overseas electronics manufacturing companies. Describe the processes and systems that you will need to put in place to properly cost your products, calculate the mark-up and selling price thereof and to account for VAT. Activity 3: The business that you started in Activity 2 above has taken off and the demand for some of your products is growing beyond your ability to source them. You are therefore investigating the possibility of starting to manufacture some of the products under license from the original manufacturers. Your partner and you do not have more capital to put into the business so you will be approaching investors for funding of the expansion. a. Prepare a business proposal which you will be presenting to the potential investors to attract funding from them. b. The proposal must include a budget (monthly budget for 12 months plus a further 3 years) as well as a break-even analysis. c. Clearly indicate the assumptions that you are using and how and why you arrived at these particular assumptionsStep by Step Solution
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