Capital from profit Essay Example for Free

Capital from profit Essay Describe the sources of internal and external finance, available to Barneys business.  There are two main ways that business can access financial resources:  1. Internal sources ( within the business)  This is the money you can get within the business:  Owners savings- I believe Barney has some money for himself if he is thinking to start a new business, because its the owners who are often invest in their company to cover the setting up costs. It might be the only source they available immediately for them as for sole traders like Barney, banks or other financial institution unlikely to offer a loan as there is too much risk involved, and if you have that kind of money it is really good for the business as you will not have to pay it back by monthly or pay an interest. Capital from profit- this will become available after the business set up and operating. Once they have run for certain time, they may make some profit to invest into the business to run or buy more stock or buy new machinery to grow the business  2. External sources (outside the business)  There are number of different external sources that business can get money from to help them to set up or invest in. Banks- they can offer loans, overdrafts and business account to businesses but you will have to have a good business plan to get it. Loans are not easy to get and might not be a good option for small business as you must pay it back with interest in certain amount of time and if the company goes down the owner will end up with huge debt. The choice I would suggest is the overdraft for him as it is flexible and you wont have to pay a penny unless it is used, there are some banks who offer interest free overdraft, if you can get it will be a win! Friends/Family- you can always seek for help from your friends and families and you can even offer them a share for return of their investment or just borrow some money from them to put towards the business if they are nice enough. I would say it is the best option of borrowing money as you dont pay interest and it is your family they will not give you to court unless you run with their money. Government grants- these are available from the EU, national/local government. A grant is money you can receive as a business man; a good thing about it is that you dont have to pay it back. If Barney falls under the age group of 18-30 he can get a low interest loan from Princes Trust.  (a) The purpose of budgets, and how they can be used to monitor and control the performance of Barneys business, including, the monitoring of actual performance against budget and the use of variance analysis. Budget is a written plan with spending which will occur and a revenue that is need in the future to cover these costs. The purpose of it is it gives you clear understanding of what to expect to spend/receive in the future (coming year) to prevent or act any crisis before it happens. It also can be used as a communication between the employees to understand the objectives of the business and work towards it. For owners they can see how well their managers managing the budget plan and performance of them.

Style of Writing :: Education Writing Essays

Style of Writing In both of the books various elements of style are mentioned, William Strunk Jr. and E.B. White’s The Elements of Style and Joseph M. Williams’ Style Toward Clarity and Grace, clarity and concision are to be the most important. I think that in order for your reader to be able to enjoy and understand what they are reading, it has to be written clearly and concisely. I believed that everyone has his or her own style: whether the style be that of one’s hair, clothes, or writing. I always knew that having your own style did not mean that yours was the best or even decidedly correct. After I finished toiling through Strunk and White’s The Elements of Style and William’s Style Toward Clarity and Grace, I learned that there is a dress code, even for writing. Yes, you could have your own style, per sey, but you must follow the rules and guidelines necessary for good writing. The Elements of Style and Style are interesting because separately, they tell two different versions to the same story. In Strunk and White’s book, a mere ninety-five pages of instruction, tell you in brief and curt words the rules for writing clearly. This books intention was to be short, a sort of handbook for quick reference. In its introduction E.B White writes, â€Å"It was Will Strunk’s parvoum opus, his attempt to cut the vast tangle of English rhetoric down to size and write its rules and principles on the head of a pin† (Strunk and White xiii). This intention seems innocent but it is my belief that it leaves the reader wondering, without precise reason in mind what clear writing is. Joseph M. Williams’ book, on the other hand, elaborates in detail of te guidelines and principles for writing the English language clearly and concisely. Each of his systematic principles for good wiring are padded with an abundance of example and explanation. Joseph Williams’ acknowledges this in his preface: â€Å"you should understand this is not an afternoon read. We offer detailed ways to put into specific practice the clichà ©s of style ‘Be clear’ ‘Omit needless words’†¦ We suggest you read this book a short section at a time, and then look at your won writing the writing of others† (Williams xiii).

Pci, Case Study, Mia Case Study

INTRODUCTION The issue started on February 2008 when the new appointed Managing Director of PCI Sdn Bhd, En Ghani reviewed 2007 Financial Report and found out there were recent increases in costs of goods sold and inventories. The rate of increase in costs of goods sold had been disproportionate with growth of sales. En Ghani was informed that one of the reasons for the increase in cost was because of the current purchasing system that contributes to redundant purchasing and high inventory holding costs.Siti Aminah, the Chief of Financial Officer was asked to review the current purchasing system and suggested the need to implement a new computerized purchasing system that would help relieve some of its manual operations and at the same time would ensure it has the proper controls in place. En Ghani requested a formal report on current purchasing system and suggestion for a new system before the next management meeting which would be in two weeks time. En Ghani assigned Siti Aminah on the special task instead of the senior Chief Production Officer and she did not have any experience in system and technology.The new system must be able to reduce costs, enhance control and provide easy management of users and services in qualitative and quantitative ways. CHARACTERS En Ghani : as the new appointed Managing Director of Penda Cable Industry Berhad, who reviewed past year Financial Report and asked for formal report from Siti Aminah. Siti Aminah : the Chief of Financial Officer that being asked to make formal report instead of the Senior Chief of Financial Officer. CURRENT PURCHASING SYSTEM IN PCIPurpose : to ensure the purchase of raw material (exclude external Aluminium cable scap) that was required for the manufacturing of cable, conductors and associated products. 1) Monthly Raw Material Summary Cik Lim General Manager of Material Resources and Planning En Razi Assistant Purchasing Manager (MRMS) Review 1st week of Forecasted Monthly Every month Material Requirem ent En Sam General Manager Purchasing (MMR)MRMS Planning Section En Razi 2) Cik Anne Purchasing Clerk >RM100 000 En Ghani Filing En Min Raw Material Storekeeper

Analysis Of Hills Like White Elephants And Good...

In â€Å"Hills Like White Elephants†, and â€Å"Good People† Ernest Hemingway and David Foster Wallace identify the political and moral problems of abortion and how it effects on loving affairs. Even though the characters in their story share similar behaviors, shown by the dominant males promoting the operation to remove an unborn child, the females who value even though they face some difficulties of child rearing, as well as the two couples’ refusal to discuss conflicts with each other, both authors have different conclusions resulting from the sharp differences in setting, diction, and role of religion; Hemingway indicates love is bare and dull as well as presented by woman’s submissive role to the male’s prerogative while Wallace†¦show more content†¦The entire story is lengthened out between the time it takes Sheri to turn and Lane to look up at her, the perspective of the story seems to be taking place from the the inside of the pro tagonist’s head, who is recalling events that have recently happened so he is able to choose whether or not he is able to have the strength to accept Sheri’s decision. Hemingway s and Wallace’s geographical imagery symbolizes the couple’s reluctance to simply address their decisions on the abortions. In â€Å"Hills Like White Elephant† , Jig compares the mountain to â€Å"white elephants† which literally means a burden that is difficult to communicate and share; the â€Å"white elephants† figuratively represents the problem about the abortion (Hemingway 924). In â€Å"Good People†, Wallace implicitly states that Lane and Sheri’s pregnancy is â€Å"half hidden from their friends and the community†, while also acknowledging the dire situation of their relationship is like â€Å"downed tree† with â€Å"exposed roots† even during the beautiful season of spring â€Å"grass is () green† and the â₠¬Å"air suffused with honeysuckle and lilacs† (Wallace 927). Also, Lanes’ posture shows she has a feeling of anxiety, reluctance and shame as she looks from a â€Å"hole in the ground† to â€Å"the individual† from the other side of the lake but not at Sheri who sits with â€Å"her faceShow MoreRelatedâ€Å"the Lottery† and â€Å"Hills Like White Elephants† Essay881 Words   |  4 Pagesâ€Å"The Lottery† and â€Å"Hills like White Elephants† Regardless of the type of society people live in controversial topics and cowardly individuals can create conflict. The stories â€Å"The Lottery† by Shirley Jackson and â€Å"Hills like White Elephants† by Ernest Hemingway implement this concept. â€Å"The Lottery† is about a small town that holds an annual lottery in which the winner will be killed. â€Å"Hills like White Elephants† is the story of a couple’s discussion over the decision they must make of whether orRead MoreEvaluation Argument Hills Like White Elephants1388 Words   |  6 Pagesï » ¿ Ernest Hemingway: Hills Like White Elephants A white elephant is an idiom for a valuable but burdensome possession, but also it means a rare and sacred creature. In Ernest Hemingway’s short story Hills Like White Elephants, Hemingway uses an unborn child as a white elephant. This short story depicts a couple of an American man and young women at a train station somewhere in Spain. 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In â€Å"Desiree’sRead MoreEssay about Modernism: Hills Like White Elephants, by Ernest Hemingway1578 Words   |  7 Pagesthe restricted human spirit. It had no trust in the moral conventions and codes of the past. One of the examples of modernism, that breaks the conventions and traditions of literature prior to Modernism, is Ernest Hemingway’s short story â€Å"Hills Like White Elephants†. The short story uses plot, symbolism, setting, dialogue, and a new style of writing to allow human spirit to experiment with meaning and interpretation. Some of the characteristics of Modernism are: a desire to break conventions and establishedRead MoreAn Exploration of British Injustice in Shooting an Elephant by George Orwell1612 Words   |  7 PagesBritish people, to make them aware of the injustice and cruelty of Imperialism in the colonies. The author’s aim is to make the reader feel disturbed and uneasy by describing in detail his negative experiences in India. This rhetorical analysis explores the success of the author in portraying the negative impact that Imperialism had on those being governed under it, but also on the impact on those in power. The way Orwell used the words for describing the scene of shooting the elephant, his aimRead MoreAnalysis Of The Story The Story Of An Hour Essay1554 Words   |  7 PagesENC1102 T/R 5:40PM TO 9:00PM WOLFSON CAMP ANALYSIS OF FEMALE CHARACTERS IN â€Å"THE STORY OF AN HOUR† â€Å"HILLS LIKE WHITE ELEPHANTS† AND â€Å"THE CHRYSANTHEMUMS† JUAN FELIX CASTILLO BATISTA PROFESOR JOSEPH FALLAD This essay is an attempt to describe the females’ characters between three of the most powerful short stories I ever read. My goal is to describe and compare three different women, in theirRead MoreHills Like White Elephants1266 Words   |  6 Pageshotly debated topic among many people (families, religions, and governments). Exploration of such a challenging topic does not require us to look too far before we run into controversy. It is readily available in print, music, art, media, and on the worldwide web, in addition to other channels. In this analysis, I shall attempt to examine some aspects of the core issue of abortion through a short story, and observe the climax, tension, and heart felt emotions people endure because of their differentlyRead MoreThe Many Styles Of Ernest Hemingway1768 Words   |  8 Pagesreader everything they need to know about the topic. The iceberg effect is a style of writing that Hemingway made famous. The iceberg effect focuses on the surface story and details, and does not go in very in depth. Lots of implying and careful analysis is crucial when reading a Hemingway story. Hemingway believed that the deeper meaning of a story should not be evident on the surface. Since he would not discuss the major themes of each story, a careless reader could mistake his writing style