your company provides property management and maintenance solutions individual assignment business operation

OVERVIEW All the students will work on a hypothetical company/business and give it a unique name. Think about this as an opportunity to plan for a business you might begin in the future. o The company/firm should be registered as a business in Canada, though it can operate in and cater to clients/customers/consumers outside of Canada. o It could be a small, medium, or large business enterprise. o The business should either create product/s or and provide services. o Students can decide on the current life cycle stage for the business. For example, you may consider establishing a new 1INFORMATION and INSTRUCTIONS business venture, expanding or restructuring an existing busin o Each section has been divided into points ranging from 1 to 3; incorporate answers to all the points. o You will also observe hints in each section. Its purpose is ONLY to provide directions to students and should not be treated as a requirement of the assignment. SECTION 1- DESCRIPTION OF THE BUSINESS 1. Provide a complete description of your business. Utilize the points shared above in the overview and top it up with more details that you feel are necessary to explain your business. Consider this section an opportunity to introduce the audience to your business's what, why, and how. o Timeline- How long have you been in business/ is it a fresh start? o Goals and objectives. o Business Model o Organizational structure o Product or services developed o Segmentation and choice of the target audience. SECTION 2- BUSINESS OWNERSHIP 1. Which business ownership model does your business follow, or is planning to follow, and why? 2. Advantages and disadvantages of the chosen business ownership 2INFORMATION and INSTRUCTIONS model? 3. Given the current global economic challenges like inflation and supply chain issues, what general threats and opportunities do you foresee for your business? Hints o While answering, keep in mind the products and services offered by your business. o Complexity, size, and geographic expanse of your business. SECTION 3- COST-BASE ANALYSIS 1. List the Types of Costs associated with your business? a. Along with the Fixed and Variable costs, discuss the contingencies and future-needs costs. b. Mention at least 5-8 examples for each type. 2. Depending on your Cost-Base Analysis, what Degree of Managerial Control would you have over the financial decisions of your business? Explain? Hints o Think of all the major activities/ departments/ processes associated with your business operations' current and future needs. o Once you have these details, categorize them according to the classification discussed in the Cost-Base Analysis. o While thinking of the degree of managerial control, think about how COVID might have played a role in altering your decisions. 3INFORMATION and INSTRUCTIONS SECTION 4- SOURCES OF FUNDS 1. As per your business's legal ownership model, which Source/s of Funds are you eligible to utilize? 2. In the previous section, you must have enumerated the cost categories and types. As the business owner/founder, which sources of funds will you utilize to cover those costs and why? Be specific with the financial products. Hints o Remember that three significant Sources of funds are available, as discussed in your course text. o However, each business has specific requirements and ownership structure that determines the most appropriate funding source. o Financial products are the different options available under each Source of Funding. E.g., For Equity Financing, there are tools like an IPO, APO, private equity, etc. INSTRUCTIONS This is an INDIVIDUAL assignment; therefore, collaboration with another student will not be tolerated. There is no minimum or maximum word limit for this assignment. Page 2 would be the Table of Contents and an Executive Summary.