Tuesday, January 21, 2020

business plan Essays -- essays research papers

Wedding Consultants 1.0 Executive Summary CMG Wedding Consultants is a full service company that provides complete consulting services for weddings, birthdays, anniversaries and every other special event. Our consultants are experienced and dedicated professionals with many years of event planning experience. CMG is unique in that we give our clients our undivided attention. We listen to their needs and work with them to create the event of their dreams. Our clients' wishes become our commands. So whether our client wants a Western, Tropical, Las Vegas or more traditional wedding, we can help. Our services include weddings, honeymoons, receptions, anniversary consultations, budget planning, answers to etiquette questions, as well as full-service florists, hair stylists, entertainers, musicians, etc. We also provide the inventions and thank you notes 1.1 Objectives Whether this is our client's first wedding, a renewal of their vows or their anniversary, we want every detail of their event to be both a pleasurable and a memora ble experience. With our full service the client does not have to stress on getting everything done, we do it all for them. Therefore we offer a host of packages and services specifically tailored to the needs of each couple. 1.2 Mission At CMG our mission is to keep our customers pleased! Party’s can be very stressful and time consuming, we are here to take the pressure of the client so they can spend more leisure time with family. We listen to their needs and work with them to create the event of their dreams. Our client’s wishes become our commands. We are confident that this business venture will be a success and we estimate that our 1.3 Keys to Success The keys to our success are as follows: 1. Service our clients' needs promptly and efficiently. 2. Maintain excellent working relationships with vendors such as musicians, hair salons and bridal shops. 3. Maintain a professional image at all times. net income will increase more than 10% by the second year. 2.0 Compa ny Summary CMG Wedding Consultants is a start-up company that provides wedding, reunions, and anniversary consulting services to brides, grooms and other family members. We are a full-service bridal consulting group and our goal is to put the fun back into planning a wedding, birthday or anniversary party. Too many people become overly stressed and frustrated when plan... ...eivables $51,322 $67,444 $74,775 Subtotal Cash from Operations $89,442 $113,188 $125,093 Additional Cash Received Extraordinary Items $0 $0 $0 Sales Tax, VAT, HST/GST Received $0 $0 $0 New Current Borrowing $0 $0 $0 New Other Liabilities (interest-free) $0 $0 $0 New Long-term Liabilities $0 $0 $0 Sales of other Short-term Assets $0 $0 $0 Sales of Long-term Assets $0 $0 $0 Capital Input $0 $0 $0 Subtotal Cash Received $89,442 $113,188 $125,0 Expenditures 2001 2002 2003 Expenditures from Operations: Cash Spent on Costs and Expenses $1,396 $1,029 $1,150 Wages, Salaries, Payroll Taxes, etc. $53,100 $76,200 $85,800 Payment of Accounts Payable $11,446 $9,556 $10,252 Subtotal Spent on Operations $65,942 $86,785 $97,202 Additional Cash Spent Sales Tax, VAT, HST/GST Paid Out $0 $0 $0 Principal Repayment of Current Borrowing $0 $0 $0 Other Liabilities Principal Repayment $0 $0 $0 Long-term Liabilities Principal Repayment $0 $0 $0 Purchase Other Short-term Assets $0 $0 $0 Purchase Long-term Assets $0 $0 $0 Dividends $0 $0 $0 Adjustment for Assets Purchased on Credit $0 $0 $0 Subtotal Cash Spent $65,942 $86,785 $97,202 Net Cash Flow $23,500 $26,404 $27,891 Cash Balance $28,500 $54,903 $82,794

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