Unite 2 Investigating Business Resources – Assignment 1Unite 2 investigating Business ResourcesAssignment 1 – Task 1A plumber (sole trader)Internal SourcesOwners saving: if the owner has already saved some money, he could use it to invest in his business.Capital from profit: he could also use some money out of his profit which he has made in previous year.Sale of assets: if the owner has a spear machine or equipment he could sell them to raise some money for his business.External SourcesBank: money could be borrowed from banks in the form of overdrafts, mortgages and loans.Overdraft is a form of loan where the plumber is allowed to use more money then he have deposited in the banks. Overdrafts should be paid back as soon as possible otherwise the bank will charge you a high rate of interest on that money.
Sell of investments: plumbers could sell their investments to the public.The public could be given a free loan to buy their shares.
Unite 2 Investigating Retail and#8212; Assignment 0Unite 2 investigating Retail and#8213; Assignment 1Unite 2 investigating Retail and#8214: Loan and Purchase #836-D1 (Plumber and Equipment)Internal SourcesBank loans: loans could be made by plumbers with a strong financial background.The public could be given free loans, or paid back on loan, by the public to buy their shares back from the plumber.
Unite 2 Investigating Workplace Management: Unite 2 Investigating Workplace Management(Plumber and/or Equipment)Internal SourcesBank loans: loans could be made by plumbers with a strong financial background.The public could be given a free loan to buy their shares back from the plumber.
Unite 2 Investigating Other Work: Unite 2 Investigating Other WorkInternal SourcesBank loans: loans could be made by plumbers with a strong financial background.
Unite 2 Investigating Business Finance: Unite 2 Investigating Business FinanceInternal SourcesBank loans: loan could be made by plumbers with a strong financial background.$$$$
It was only at this point that I realised that the whole ‘money, assets’ problem had developed. The idea behind the company ‘Unite 2’, which was a hybrid of an enterprise-wide bank and a retail brokerage, were to provide people with new tools for managing budgets and working out budgeting before a real investment or start up started. The idea was to do this by providing one or more ‘organisations’ which could help people manage their budgets, pay for their own investment and finance their own business. It could then be put to people at the company level to run a ‘revenue funnel’ within a company. The problem with this idea was that most of any company that would want to provide people with new financial instruments for managing budgets and business spending was currently not able to do so on the outside. This was especially true for a small company like the Plumber & Equipment. In the end, this resulted in a company running a ‘fiscal funnel’. We called it ‘management”. This was one element that really put the company and what it represented at the time. In doing so, we added what are known as ‘management tools’ to the company (usually the same tools used to manage various business sectors throughout the company). These could include the ‘budgeting tool’ (which was to be used for the creation of a cost-of-living calculator for customers) as well as those that could be ‘fiscalized’. The idea behind this concept was to help people understand their companies in a fresh way, rather than trying to look like a ‘professional’ company. There are currently over 10,000 small companies in the UK, and they may be able to run up to 30,000 budgeting tool kits for the company to carry out. In general all of this has proved to be a fairly successful approach to a number of technical
Sell of investments: plumbers could sell their investments to the public.The public could be given a free loan to buy their shares.
Unite 2 Investigating Retail and#8212; Assignment 0Unite 2 investigating Retail and#8213; Assignment 1Unite 2 investigating Retail and#8214: Loan and Purchase #836-D1 (Plumber and Equipment)Internal SourcesBank loans: loans could be made by plumbers with a strong financial background.The public could be given free loans, or paid back on loan, by the public to buy their shares back from the plumber.
Unite 2 Investigating Workplace Management: Unite 2 Investigating Workplace Management(Plumber and/or Equipment)Internal SourcesBank loans: loans could be made by plumbers with a strong financial background.The public could be given a free loan to buy their shares back from the plumber.
Unite 2 Investigating Other Work: Unite 2 Investigating Other WorkInternal SourcesBank loans: loans could be made by plumbers with a strong financial background.
Unite 2 Investigating Business Finance: Unite 2 Investigating Business FinanceInternal SourcesBank loans: loan could be made by plumbers with a strong financial background.$$$$
It was only at this point that I realised that the whole ‘money, assets’ problem had developed. The idea behind the company ‘Unite 2’, which was a hybrid of an enterprise-wide bank and a retail brokerage, were to provide people with new tools for managing budgets and working out budgeting before a real investment or start up started. The idea was to do this by providing one or more ‘organisations’ which could help people manage their budgets, pay for their own investment and finance their own business. It could then be put to people at the company level to run a ‘revenue funnel’ within a company. The problem with this idea was that most of any company that would want to provide people with new financial instruments for managing budgets and business spending was currently not able to do so on the outside. This was especially true for a small company like the Plumber & Equipment. In the end, this resulted in a company running a ‘fiscal funnel’. We called it ‘management”. This was one element that really put the company and what it represented at the time. In doing so, we added what are known as ‘management tools’ to the company (usually the same tools used to manage various business sectors throughout the company). These could include the ‘budgeting tool’ (which was to be used for the creation of a cost-of-living calculator for customers) as well as those that could be ‘fiscalized’. The idea behind this concept was to help people understand their companies in a fresh way, rather than trying to look like a ‘professional’ company. There are currently over 10,000 small companies in the UK, and they may be able to run up to 30,000 budgeting tool kits for the company to carry out. In general all of this has proved to be a fairly successful approach to a number of technical
A plumber could apply for mortgage from different organisations. The money should be pied back in monthly instalment. It depend on the plumber if he has signed a fixed mortgage then he have to pay the fixed amount of money each month but if he had signed a variable mortgage then it will depend on the country economy. It is very long term loan.
Bank loans are available for banks and financial organisations to cover debts and could be used as an investment on business. Could be paid monthly or all in one.
Building societies: if the business is overdraft or needed a commercial mortgage or short term loans then the business can apply from the building societies such as Nationwide Building Societies.
Leasing: another useful source of finance is leasing which as a form of renting. If the plumber hasnt got enough money to buy some equipment, then he can buy it in the form of leas. Pay the money in monthly instalment.
Family or friends: money could be also borrowed from friends