Evaluating The Environmental Quality International On A...

This venture has undertaking is recognizing to be little asper the concerned task evaluated $100,000/- For this outside standard ATOM technique will be associated. The going with ATOM technique will be utilized for the Environmental Quality International in Siwa Project: †¢ Initiation: clarifying and recording targets of the project being evaluated, and defining the subtle element of the methodology has to be executed archiving the outcomes in a risk management plan. †¢ Identification: exposing and reporting which it may influences projects goals either emphatically or adversely †¢ Assessment: either qualitatively describing risks individual so they can be understood and prioritized, and /or qualitatively modeling to the effect of risk on the†¦show more content†¦The First Assessment will be finished inside 10 days of venture begin, and surveys will be performed month to month Tools and Techniques The accompanying devices and methods will be utilized to backin g the administrations prepare on the Environmental Quality International in Siwa Project: Launch: Management Plan is issued at undertaking begin and investigated by the Project Manager customarily throughout the task. Conspicuous Proof †¢ Both threats and open entryways will be recognized using the going with strategies: †¢ Brainstorming with all parts of the endeavor bunch notwithstanding delegates of key suppliers †¢ Analysis of all undertaking suspicions and prerequisites, both irrefutable and unequivocal †¢ Review of a standard plan †¢ Ad Hoc recognizing evidence of s by endeavor partners at whatever time all through the errand †¢ Initial Register to record perceived for further examination, imitating the standard course of action Examination †¢ Probability and Impact Assessment for every one perceived, using the assignment specific scales portrayed in Appendix A. †¢ Double P-I Matrix to necessities s for development, using the standard â € ¢ Scoring estimations centered around probability and impact. †¢ Top List for need organization thought †¢ Arrangement using the standard Breakdown Structure †¢ Register move up to join evaluation data. Response Planning †¢ Response Strategy Selection as fitting for

Dress Shop Free Essays

string(84) " business designed to make wedding gowns, barongs, tuxedo’s and cocktail dresses\." Name of the Enterprise The business name â€Å"Wedlock Trends† will display a wedding dress shop that will offer the latest and the hottest styles of wedding apparel of the season. Location The location of the business is at Door 4, 500 Gabaton Building, Elpidio Quirino Avenue, Davao City. The commercial space measures 5Ãâ€"14 sq. We will write a custom essay sample on Dress Shop or any similar topic only for you Order Now The space will be rented at P12, 000/month, exclusive of water and electricity expenses. The area is a perfect spot for a wedding dress shop for it is easy to find since it is located in the main road. Aside from that, the area is filled with office buildings, inns, schools, and other business entities nearby. Descriptive Definition of the Product Wedlock Trends shall cater to the needs of grooms and brides in a comfortable and relaxed setting. In its warm and intimate setting, the Wedlock Trends’ friendly and knowledgeable bridal consultants are available to help in finding everything that they need for their upcoming wedding. We offer bridal dresses and all the accessories as well as fashions required for the rest of the bridal party. Project’s Long-Range Objectives Wedlock Trends has been created with one main objective: to provide the bride with the ultimate experience in finding the perfect wedding dress! In 2016, Wedlock Trends will create tie-ups with the prominent photo studio and flower shop here in Davao. It will be convenient for our clients for they don’t have to waste their time searching for quality photos and videos as well as fresh and beautifully arranged flowers. Wedlock Trends will expand and cater other occasions as well. Elegant night gowns, classic dresses, up-to-date men’s suit, and a lot more will be added to our collection for parties, debuts, and other significant events. By doing such, it is expected that the number of employees in every department will be increased as well as the machineries used in the process. Feasibility Criteria The most important guidelines used to judge the feasibility of the project is its marketing aspect and financial aspect. The marketing aspect tells what the project is all about, who the target market is, when is the perfect time to open the business, where is it located, and how is it going to compete with its competitors. It is also where the demand and supply analysis is, which will be a great criterion. The financial aspect provides the data that shows the projects profitability. It is important to know if the project is attainable, feasible, and profitable. Highlights Of The Project History Many young girls dream about what kind of wedding dress they’d like to wear on their special day so we have thought of creating a project that will certainly be desired by our target market. It’s a business that caters not only the needs of a soon-to-be couples but one that fulfills their dreams, to have a unique and remarkable wedding. This is an amazing business which has developed a strong, distinctive and individual identity with a reputation for both quality and service – very profitable business. This is a delightful business with bridal gowns to suit every style of wedding. It is fantastic opportunity to own a money making business in a very up-market industry. This business is not just a business, it is a life style choice with plenty of fashion. This very good business opportunity provides bridal wear, stocked with a superb range of designer wedding gowns, bridal accessories include jewelry, tiaras, stationery, gifts, to compliment any wedding reception which is excellent for add-on purchases. This is a business opportunity to own and grow a dynamic business . This is an amazing opportunity for someone who just wants to literally wants to jump straight in and continue the exceptional success achieved. It is a business opportunity that is highly profitable and offers great potential whether h global, national or local aspect. Project Time Table and Status The project is expected to be operational by May 2014. For now, thorough studies and research are being done to carefully analyze its standing once we enter the market. Nature of the Industry The wedding gown industry is one that is made up of multiple smaller enterprises like caterers, wedding consultants, dresses, various eauty suppliers (hair, makeup), photographers, favors/bridesmaids gifts, music, honeymoon related, etc. While the industry as a whole represents a lot of money, each of the component parts is much smaller — some smaller than others. These smaller composite suppliers can be very local and likely will be small and privately owned. Mode of Financing The source of fu nds of Wedlock Trends that will be used to put up the business is from the contributions of the four (4) persons who will be the owner of the dress shop. Each shall contribute P625, 000 for a total of P2, 500, 000. 00. A cash contribution is better than bank loans for it has a lower risk and high interest cost which will result to lower income. Investment Cost The funds allocated for this project is P2, 500, 000. 00. The proponents have agreed to form a partnership wherein four (4) persons merge to contribute for the capitalization of Wedlock Trends, with the intention of dividing the profits among themselves. Major assumptions and summary of findings and conclusion on the following: Market Feasibility In our Market Study, we identify who will be our customers, suppliers, and competitor as well as the number of demand that we will gain in the succeeding years. In our data of demand analysis the first year show lesser number of demands, it is because Wedlock Trends is new to the market and customers do not know the business yet. The succeeding years shows the increasing number of demand, it is because Wedlock Trends formulated a marketing program which to have a flyers, posters and streamers printing for the customer to be aware about the existing of the business. Technical Feasibility Wedlock Trends is a clothing business designed to make wedding gowns, barongs, tuxedo’s and cocktail dresses. You read "Dress Shop" in category "Essay examples" The business offer readymade dresses aside from made to order and customize clothes. The supply is high; there are many companies who supply such equipment. Financial Feasibility The Wedlock Trend Dress Shoppe shows an income statement of the cash flows the cash receipts such as profit, salary, capital and so on has an increase every year. It means that the business gaining a profit. For the balance sheet, there is also an increase and the total assets and the total liabilities and owners’ equity is well balance. For the ratio analysis, the profit ratio has an average of 41. 26% means there is a profit of . 43. For the payback capital computation, there is 2. 21, means the capital of the business can be recovered within 2 years. Socio-economic Feasibility The number of Wedding dress shop in Metro Davao is rapidly increasing. The more competition, the better it is for the market, because innovation, better products and service will be present. These industries will affect the economy as a whole on a much more scale. It gives employment to those who seeks job. Management Feasibility The structure of the business begins with the four (4) persons/partners who are also the owners of the business. The manager will handle the sales, manufacturing and service aspects of the business. In terms of salary scale, the manager will be compensated with minimum wage and the other employees are below the minimum wage. MARKET STUDY Clothing is a beautiful visual demonstration of the social and emotional needs of people wearing it. It also portrays in a clearly understood visual manner, what people of different cultures and styles want socially. Fashion, through times, has gone through so many rapid changes and bizarre extremes that it has examples of nearly every kind of clothing function, especially when it comes to wedding attires. The range of Filipino wedding dresses is remarkably wide, according to the vast cultures, geographical differences, purchasing capacities, influence of the western culture, and bewildering diversities of the ethnic groups. One has, therefore, to sift and isolate, and then relate and bring together, the ideas for creating various designs, which can fit in the context of the Filipino style, conservative, elegant yet still in trend. When it comes to the most special day of a couple’s life, we like to make a personal effort to make it all that it can be. The business will be a full-service wedding dress shop catering to customers who are searching for reasonable quality products at affordable prices. Our main focus will be quality in every process right from buying stuff, raw material selection, designer selection, stitching till the delivery of product to final customer in order to fulfill our goal of customer satisfaction. We will be providing standardized products as well as customized dresses according to ones needs. Geographical areas of dispersion The location of the business is at Door 4, 500 Gabaton Building, Elpidio Quirino Avenue, Davao City. The commercial space measures 5Ãâ€"14 sq. The rental price is P12, 000. 00 per month, exclusive of water and electricity expenses. Our Competitors are the Wedding Glamour, Wedding Channel, Wedding Avenue, and Knot’s Forever. Target Market The scope of our wedding dress shop is the people living within Metro Davao with a population of 1,449,296 (National Statistics Office, 2010). To be specific, most of the target market will be composed of couples of ages 18 years old and above, teenagers and young adults in high school and college, and young professionals, who belong to the middle and upper class. The middle class customers are those who have moderate income and have the capability to purchase products and services with high quality. The upper class customers are those who have high income and have the capability to purchase product and services with high quality, and look for luxury. Target Market |Age |Population | |Couples |18 – 64 years old |635,412 | |Teenagers |13 – 18 years old |255, 465 | |Young Adults |20 – 24 years old |117,083 | |Young Professionals 25 – 34 years old |186, 691 | |Walk-ins |18 – 64 years old |635,412 | Demand Analysis Projection of the number of the products to be sold. PRODUCTS |Year 1 |Year 2 |Year 3 |Year 4 |Year 5 | | | | |Bridal Gown |– inclusive headdress, 2nd veil, cord, (2) cushi ons, pouch bag | |Grooms’ Barong |– pinya jusi with embroidery (free makeup) | |Whole Entourage |(1) maid of honor, (3) bridesmaids, (3) flower girls | | |(1) best man barong, (3) groomsmen barongs, | | |(3) bearers (ring, coin, bible) | |Parents’ outfits of the couple |- parents of the couple | | |free pictures | |Bronze Special Package = P 20,000. 00 | | |Bridal Gown |– inclusive headdress, 2nd veil, cord, (2) cushions, pouch bag | | |free make up | |Grooms’ Barong |– pinya jusi with embroidery (free makeup) |Whole Entourage |(1) maid of honor, (3) bridesmaids, (3) flower girls | | |(1) best man barong, (3) groomsmen barongs, | | |(3) bearers (ring, coin, bible) | |Parents’ outfits of the couple |- parents of the couple | | |free pictures | | |free video CD of the wedding | |Gold Special Package = P 30,000. 0 | | |Bridal Gown |– inclusive headdress, 2nd veil, cord, (2) cushions, pouch bag | | |free gown and make up | |Gr ooms’ Barong |– pinya jusi with embroidery (free makeup) | | |free male perfume | |Whole Entourage |(1) maid of honor, (3) bridesmaids, (3) flower girls | | |(1) best man barong, (3) groomsmen barongs, | | |(3) bearers (ring, coin, bible) | |Parents’ outfits of the couple |- dress suits for the parents of the couple | | |free pictures | | |free video CD of the wedding | |Diamond Special Package = P 50,000. 0 | | |Bridal Gown |– inclusive headdress, 2nd veil, cord, (2) cushions, pouch bag | | |free gown, make up, bouquet | |Grooms’ Barong |– pinya jusi with embroidery (free makeup) | | |free male perfume | |Whole Entourage |(1) maid of honor, (3) bridesmaids, (3) flower girls | | |(1) best man barong, (3) groomsmen barongs, | | |(3) bearers (ring, coin, bible) | |Parents’ outfits of both couple |- dress suits for the parents of the couple | | |free pictures with album | | |free video CD of the wedding | | |free picture publicity on Mindanao Daily Mirror | Competitor’s Analysis |Name of Competitor |Products/Services |Location |Store Hours | |Wedding Glamour |Gown Entourage Package: |Door 1 Gahol Bldg. , E Quirino|9:00 – 5:00pm | | |1 Bridal Gown w/ accessories |Ave. , Davao City | | | |1 Groom Attire | | | |1 Maid of Honor Gown | | | | |3 Bridesmaid Gowns | | | | |3 Flower Girl Gowns w/ basket | | | | |1 Bestman Barong | | | | |3 Groomsmen Barong/Tuxedo | | | | |3 Bearer’s Barong/Tuxedo | | | | |2 Mother Dress | | | | |2 Father Barong | | | |Wedding Avenue |Gown Entourage Package: |Front of Dep-Ed, E. Quirino |9:00 – 5:00pm | | |1 Bridal Gown w/ accessories |Ave. | | | |1 Groom Attire |Davao City | | | |1 Maid of Honor Gown | | | | |3 Bridesmaid Gowns | | | | |3 Flower Girl Gowns w/ basket | | | | |1 Bestman Barong | | | | |3 Groomsmen Barong/Tuxedo | | | | |3 Bearer’s Barong/Tuxedo | | | | |2 Mother Dress | | | | |2 Father Barong | | | |Wedding Channel |Gown Entourage Package: |E. Quirino Avenue, Davao City| | | |1 Bridal Gown w/ accessories | | | | |1 Groom Attire | | | | |1 Maid of Honor Gown | | | | |3 Bridesmaid Gowns | |8:00 – 5:00pm | | |3 Flower Girl Gowns w/ basket | | | | |1 Bestman Barong | | | | |3 Groomsmen Barong/Tuxedo | | | | |3 Bearer’s Barong/Tuxedo | | | | |2 Mother Dress | | | | |2 Father Barong | | | |Knots Forever |Bridal Package: | | | | |1 Bridal Gown | |8:00 – 5:00pm | | |1 Head Dress |E. Quirino Avenue, Davao City| | | |1 1st Veil | | | | |1 2nd Veil | | | | |1 Cord | | | | |2 Cushions | | | |1 Groom Barong / Tuxedo | | | | |Entourage: | | | | |1 Maid of Honor Gown | | | | |1 Maid of Honor Head Dress | | | | |3 Bridesmaid Gowns | | | | |3 Flower Girls Gown | | | | |3 Baskets | | | | |1 Best Man | | | | |3 Groomsmen Barong | | | | |3 Bearer’s Barong | | | Marketing Program Our means of advertisements are posters and streams printing, through networking sites, and fashion shows. Posters and Streamers Printing – This can also be a tool for advertising. We can put posters and streamers printing at malls and hotels and restaurants for them to easily recognize our product. Facebook Multiply – Billions of people, foreign or local are users of Facebook. And these people logs in almost everyday for about an hour or more. Through Facebook and Multiply, it is easier to reach the right audience. It is easy, convenient, and costs no cent. Newspaper Ads – The oldest form of advertising is still an effective way to reach a large number of people. These ads can do a lot more than just advertise one item or one sale–each one can work really hard to bring in customers, and then bring them back again and again. They’re a good way to reach a large number of people, especially those aged 45-plus who end to read the paper more frequently than younger demographic groups who tend to get their news from television, radio or the internet. And we can target our ads to the appropriate markets by requesting that our ads run in t he section(s) that most closely relate to our target audience. MANAGEMENT STUDY Personnel Expertise Wedlock Trends will hire one (1) manager, two (2) sewers, two 2 (cutters), two (2) beaders. The descriptions of hiring employees are the following: |Manager – |Responsible for maintaining the store in order to ensure residents and visitors have access to necessary supplies and| | |accommodations. |Responsibilities |Maintain customer services and facilities | | |greet customers and provide assistance | | |maintain cleanliness and order in the store | | |Maintain stock, supplies and inventories | | |take inventory | | |order groceries and supplies | | |mark prices on stock | | |restock shelves | | |Maintain accounts | | |record prices in the log book | | |operate the cash register | | |balance cash receipts | | |make deposits | | |record visa and debit accounts | | |maintain a manual general ledger | |Qualifications |Minimum 3 years of retail management experience. More ext ensive retail experience will be welcomed. Experience in | | |personal computer retail setting is preferred, but not mandatory. | |Must have an interest in fashion and have an eye for art. | | |Strong leadership skills. | | |Ability to effectively teach/develop others to next level. | | |Good merchandising skills and a flair for conceiving and implementing creative merchandising themes. | | |Strong operations experience in receiving, stock and inventory as well as front-end management and office management. | | |Ability to organize and prioritize multiple tasks in a fast-paced environment. | | |Strong interpersonal, motivational, communication and organizational skills. | |At least 25 years old | |Sewer – |Sewers cut, trim, sew and design clothing and accessories according to the company or client’s demand | |Responsibilities |Sew, trim and stitch gowns/suits and other tailored products. | | |Draw and design gowns/suits to present to the company or clients | | |Measur e client’s vital statistics that will use as a pattern for the clothes. | | |Sew gowns/suits using sewing machine or other stitching machines. | | |Inspect finished product and do finishing touches. | |Hand stitch edges or linings | | |Iron gowns/suits | |Qualifications |Must have taken vocational or short course in tailoring | | |Must have at least 3-5 years experience as a sewer or tailor | | |Knowledge in sewing, both hand and machine sewing | | |Knowledge and ability on different kinds of stitches and design | | |Knowledge in different kinds of cloths | | |Knowledge and ability to sew in different kinds of clothes. | | |Knowledge in fashion designing is a plus | | |Knowledge and ability to design wearable and appealing gowns/suits | | |Ability to use sewing machines. | |Pattern Cutter – |Pattern cutters create templates for the kinds of patterns that will be used in clothing lines, based on illustrated | | |designs created by the design department of the fashi on company. |Responsibilities |Cut fabrics or textiles | | |Adjust cutting techniques to types of fabrics and styles of garments. | | |Adjust machine controls, such as heating mechanisms, tensions, and/or speeds to produce specified products. | | |Inspect products to ensure that specifications are met and to determine whether machines require adjustment. | | |Operate machines to cut multiple layers of fabric into parts | |Qualifications |Must have an interest in fashion and have an eye for art. | |Must have good analytical skills | | |Must be computer literate | | |Must be able to work quickly | |Beader – |Beaders are responsible of putting beads and sequins on bridal gowns for accent. | |Responsibilities |Puts beads and sequins on gowns | | |Inspect products to ensure that specifications are met and to determine whether machines require adjustment. | |Qualifications |Must have an interest in fashion and have an eye for art. | |Preferably with 3 years experience in custom -made formal wear | | |With good moral character and working habit | Working Salaries and Benefits Below are the salaries and benefits of the employees. |PERSONNEL |PHILHEALTH |SSS |TOTAL | |Manager |P 301. 00 every quarter |P 225. 00 per month |P 9,030. 00 per month-based on minimum P 301. 0| | | | |daily | |Sewer |P 205. 00 every quarter |P 125. 00 per month |P 4,400. 00 per month | |Cutter | | | | |Beader | | | | |NOTE: |The sewers, cutters, and beaders are not based on minimum wages because they are not yet regulars. | Organizational Chart The organizational chart of Wedlock Trends shows the structure of an organization and the relationships and relative ranks of its parts and positions/jobs. As a starting business, Wedlock Trends involve few personnel/staff. The manager assumes the leadership roles within the company and will be responsible for the daily operation, over-seeing marketing efforts, buying merchandise, managing inventory and all other administrative duties. The other staffs will assist the owner with assisting the customers and the sewers, cutters, beaders to maintain the dress will be good quality to the customers. Gantt Chart Below is the calendar of activities of Wedlock Trends. OOperating Activities | |Activities | |Activities | |Particulars |Quantity |Price |Acquisition Value | |Bridal Fabric (local) |5 rolls |125/m |P 34,375. 00 | |Bridal Fabric (imported) |3 rolls |395/m |65,175. 00 | |Bridal Lace (local) |5 rolls |280/m |77,000. 00 | |Bridal Lace (imported) |3 rolls |550/m |90,750. 00 | |Pants/ Slacks Fabrics |5 rolls |145/m |39,875. 0 | |Dress/Gown (local) |5 rolls |55/m |15,125. 00 | |Dress/Gown (imported) |3 rolls |120/m |19,800. 00 | |Barong |5 rolls |108/m |29,700. 00 | |Tuxedo |5 rolls |125/m |34,375. 00 | |Buttons |5 kilos |250/k |1,250. 0 | |Beads and Sequins |5 kilos |300/k |1,500. 00 | |Embroidery Threads |5 boxes |360/b |1,800. 00 | |Embroidery Threads |4 boxes |1320/b |5,280. 00 | |Needle Book (kit) |5 boxes |6. 50 |32. 50 | |Sewing Thread |8 boxes |206. 5/b |1,651. 60 | |Zipper |8 rolls |33 |264. 00 | |Tape Measure |5pcs |4 |20. 00 | |Yard Stick |5pcs |22. 75 |113. 75 | |Garter |7 rolls |315/r |2,205. 00 | |TOTAL | |P 420, 291. 85 | | Office Materials | |Particular |Quantity |Price Per Unit |Acquisition Value | |Stapler |2 |P 120. 00 |P 240. 00 | |Scissors |3 |55. 00 |165. 00 | |Calculator |2 |390. 00 |780. 0 | |thumbtacks |4 |10. 00 |40. 00 | |TOTAL | | |P 1,225. 00 | |Office Supplies | |Particular |Quantity |Price Per Unit |Acquisition Value | |Long Coupon Bond |1 ream |P 168. 00 |P 168. 0 | |Short Coupon Bond |1 ream |158. 00 |158. 00 | |Pencils |15 pcs |6. 00 |90. 00 | |Pens |10 pcs |7. 00 |70. 00 | |Staples |5 boxes |15. 00 |75. 00 | |Folders |50 pcs |6. 00 |300. 0 | |Paper Clips |1 box |25. 00 |25. 00 | |Fastener |1box |35. 00 |35. 00 | |Record Book |1 pcs |89. 00 |89. 00 | |Binder Aids |1 box |32. 00 |32. 00 | |Adhesive tape |2pcs |22. 0 |44. 00 | |TOTAL | | |P 1,086. 00 | Machineries and Equipment |Machine | |Particulars |Quantity |Price |Life |Acquisition Value |Annual Depreciation | |Sewing Machine |3 |P 8,995. 00 |5 |P 26,985. 00 |P 5,397. 0 | |Embroidery Machine |2 |12,300. 00 |5 |24,600. 00 |4,920. 00 | |TOTAL | | | | |P 10,317. 00 | II – Equipment |Equipment | |Particular |Quantity |Price |Life |Acquisition Value |Annual Depreciation | |Computer Set |1 |P 25,000. 0 |5 |P 25,000. 00 |P 5,000. 00 | |Printer |1 |3,500. 00 |5 |3,500. 00 |700. 00 | |Air Conditioner |1 |14,000. 00 |5 |14,000. 00 |2,800. 00 | |Water Disp enser |1 |4,200. 00 |5 |4,200. 00 |840. 00 | |Body Form |6 |2,000. 00 |5 |12,000. 00 |2,400. 0 | |Working Table |1 |3,900. 00 |5 |3,900. 00 |780. 00 | |Steel Cabinet |1 |5,700 |5 |5,700. 00 |1,140. 00 | |Electric Iron |1 |690. 00 |- |690. 00 |- | |Ironing Board |1 |350. 00 |- |350. 00 |- | |Electric Fan |1 |1,300. 00 |- |1,300. 0 |- | |Clotheslines Stand |5 |1,299. 00 |- |6,495. 00 |- | |Dress Bag |100 |49. 00 |- |4,900. 00 |- | |Hangers |20 |74. 75/set |- |1,495. 00 |- | |Coat Hangers |50 |69. 75 |- |3,487. 00 |- | |Soft Broom |1 |45. 0 |- |45. 00 |- | |Trash Bin |1 |89. 50 |- |89. 50 |- | |Dust Pan |1 |25. 00 |- |35. 00 |- | |Pail |1 |115. 00 |- |115. 00 |- | |TOTAL | | | |P 87,301. 50 |P 13,630. 00 | Utilities Consumption Operating Expense | |Particulars |Amount | |Lease Payment |P 24,000. 00 | |Office Supplies |13,032. 00 | |Dress Shop Supplies |420,291. 85 | |Repair and Maintenance |144,000. 0 | |Electricity Utilities |5,786. 00 | |Telephone Utilities |11,988. 00 | |Water U tilities |6,000. 00 | |TOTAL |P 625,097. 85 | FINANCIAL STUDY Project Cost Summary Project Cost Summary | | |Amount | |Capital Expenditure | | | |Furniture and Fixture |P 45,880. 00 | | |Office Equipment |87,301. 50 |P 133,181. 50 | | | |Direct Expenditures | | | |Feasibility Study (preparation) |7,000. 0 | | |Survey |3,000. 00 | | |Partnership Expense |5,750. 00 | | |Permit and Licenses |1,725. 00 | | |Legal Fees |3,500. 00 | | |Insurance |3,500. 0 | | |Advertising Expense |1,930. 00 | | |Office Material |1,225. 00 |27,630. 00 | | | |Working Capital (1 month) | | | |Salaries |26,550. 0 | | |Light and Power | | | |Electric Bill (482. 25) | | | |Water Bill (500. 00) |982. 25 | | |Communication | | | |Telephone (999. 00) |999. 0 | | |Lease Payments |2,000. 00 | | |Repair and Maintenance |12,000. 00 | | |Office Supplies |13,032. 00 | | |Dress Shop Supplies |96,158. 77 |151,722. 02 | |TOTAL | |312,533. 2 | The total estimated Total Project Cost for WEDLOCK TRENDS is P312, 533. 5 2. |Wedlock Trend Dress Shoppe | |Projection Income Statement | |For the 1st year until 5th year | | |2014 |2015 |2016 |2017 |2018 | |Sales (sched. XI) |P1,754,400. 0 |P2,418,600. 00 |P2,891,040. 00 |P3,098,400. 00 |P3,576,000. 00 | |Direct Expense |27,630. 00 | | | | | |Salary (sched. VIII) |318,600. 00 |321,786. 00 |325,003. 86 |328,253. 90 |331,536. 44 | |Operating Expense (sched. XII)|625,077. 85 |643,830. 8 |663,145. 09 |683,039. 44 |703,530. 63 | |Depreciation (sched. I) | |20,806. 00 |20,806. 00 |20,806. 00 |20,806. 00 | |Earnings Before Income Tax |P 783,092. 15 |P1,432,177. 82 |P1,882,085. 05 |P2,066,300. 66 |P2,520,126. 93 | |Tax |274,082. 25 |501,262. 24 |658,729. 7 |723,205. 23 |882,044. 43 | |Net Income |P 509,009. 90 |P927,724. 56 |P1,223,355. 30 |P1,343,095. 43 |P1,638,082. 50 | | | |Assumptions = 3 % Operating Expense per annum | | | |1 % Salary per annum | Wedlock Trend Dress Shoppe | |Projection Cash Flows Statement | |For the 1st year until 5th year | |Cash Re ceipts |Pre-Operating |2014 |2015 |2016 |2017 |2018 | |Capt. Contribution |P 2,500,000. 00 | | | | | | |Sales (sched. XI) |- |P1,754,400. 0 |P2,418,600. 00 |P2,891,040. 00 |P3,098,400. 00 |P3,576,000. 00 | | | |TOTAL |P2, 500,000. 00 |P1,754,400. 00 |P2,418,600. 00 |P2,891,040. 00 |P3,098,400. 00 |P3,576,000. 00 | |Cash Disbursement | | | | | | | |Capital Expenditure |P 133,181. 0 | | | | | | |Direct Expense |27,630. 00 | | | | | | |Salary (sched. VIII) |- |318,600. 00 |321,786. 00 |325,003. 86 |328,253. 90 |331,536. 44 | |Operating Expense (sched. XII) |- |625,077. 85 |643,830. 8 |663,145. 09 |683,039. 44 |703,530. 63 | |Tax |- | |274,082. 25 |501,262. 24 |658,729. 77 |723,205. 23 | |Profit |- |P 509,009. 90 |P927,724. 56 |P1,223,355. 30 |P1,343,095. 43 |P1,638,082. 50 | |Total |P160,811. 50 |P1,452,687. 75 |P2,167,422. 99 |P2,712,796. 49 |P3,013,118. 4 |P3,396,354. 80 | |Net Cash Flow |P2,339,188. 50 |P 301,712. 25 |P 251,177. 01 |P 178,243. 51 |P 85,281. 46 |P 179,645. 20 | |Net Cash Flow Beg. |- |2,339,188. 50 |2,640,900. 75 |2,892,077. 76 |3,070,321. 27 |3,155,602. 73 | |Cash Balance Beg. |P2,339,188. 50 |P2,640,900. 75 |P2,892,077. 76 |P3,070,321. 27 |P3,155,602. 73 |P3,335,247. 93 | Wedlock Trend Dress Shoppe | |Project Balance Sheet | |For the 1st year until 5th year | | |2014 |2015 |2016 |2017 |2018 | |Asset | | | | | | |Cash |P2,640,900. 75 |P2,892,077. 76 |P3,070,321. 27 |P3,155,602. 73 |P3,335,247. 93 | |Furniture and Fixture |45,880. 00 |42,500. 00 |39,120. 00 |35,740. 00 |32,360. 00 | |(sched. I) | | | | | | |Equipment (sched. II) |87,301. 50 |66,684. 48 |49,288. 50 |31,862. 50 |11,436. 50 | |Total Assets |P 2,774,082. 25 |P 3,001,262. 24 |P3,158,729. 77 |P3,223,205. 23 |P3,382,044. 43 | | | |Liabilities Capital | |Capital |P 2,500,000. 0 |P 2,500,000. 00 |P 2,500,000. 00 |P 2,500,000. 00 |P 2,500,000. 00 | |Taxation |274,082. 25 |501,262. 24 |658,729. 77 |723,205. 23 |882,044. 43 | |TOTAL |P 2,774,082. 25 |P 3,001,262. 24 |P3,158,729. 77 |P3,223,205. 23 |P3,382,044. 43 | Wedlock Trends : 4 partners and Capital Contribution of each is : Partner 1; P 625, 000. 0 Partner 2; P 625, 000. 00 Partner 3; P 625, 000. 00 Partner 4; P 625, 000. 00 Ratio Analysis |Profitability | | | |Average Net Income |P1,128,253. 54 |41. 06% |The profit ratio is 41. 06%, means that for every peso of sales, there is | | | | |a net profit of P. 41. | Average Net Sale |P2,747,688. 00 | | | | | |Average Net Income |P1,128,253. 54 |45. 13% |The ratio is 45. 13%, means that for every peso of sales, there is a net | | | | |profit of P. 45. | |Owners Equity |P 2,500,000. 0 | | | | | |Average Net Profit |P1,128,253. 54 |36. 30% |The contribution of total assets to the net profit is 36. 30% for every | | | | |peso worth of asset it has a profit of P. 36. | |Average Total Asset |P 3,107,864. 8 | | | | | |Liquidity | | | |Average Current Asset |P3,006,830. 09 |494. 65% |The liquidity ratio is 494. 65% or a peso of current liability is | | | | |supported by P 4. 94 or 5 worth of the current assets | |Average Current Liabilities |P 607,864. 8 | | | | | |Pay Back Capital | | | |Parnership Capital |P 2,500,000. 00 |2. 22 |The capital can be recovered within 2 years of appreciation which is | | | | |favorable. | |Average Net Income |P1,128,253. 54 | | | Schedules Schedule I – Furniture and Fixture Furniture and Fixture | |Particular |Quantity |Price |Life |Acquisition Vale |Annual Depreciation | |Sofa Set |1 |P 28,895. 00 |5 |P 28,895. 00 |P 5,779. 00 | |Office Table w/ Chair |1 |7,700. 00 |5 |7,700. 00 |1540. 00 | |Full Length Mirror |1 |2,300. 00 |5 |2,300. 00 |460. 00 | |Full Length Mirror |2 |1,600. 0 |- |3,200. 00 |- | |Plastic Chair/Monobloc |6 |390. 00 |- |2,340. 00 |- | |Jacket Stand |1 |995. 00 |- |995. 00 |- | |Umbrella |1 |450. 00 |- |450. 00 |- | |TOTAL | | | |P45,880. 00 |P 7,779. 00 | Schedule II – Equipment Equipment How to cite Dress Shop, Essay examples

Child Abuse and Neglect In Australia

Question: Discuss about the Child Abuse and Neglect In Australia. Answer: Introduction It has been observed that the child abuse is becoming more prevalent in Australia. The main purpose of this paper is to discuss the child abuse. For addressing the discussion in a proper way it is anticipated that the historical perspective of the child neglect and child abuse are put as a subject and debated further. The various developments in the past twenty years have placed the child abuse on the top of the agenda. The various countries like Australia began to acknowledge the existence of the child abuse during the 1970s. There have been various mandatory laws that have been introduced in the various Australian Territories and States. Recently even the public awareness has been increased of the issues that are connected with the child neglect and child abuse. All these awareness are due to the increase in the newspaper coverage, radio and television.(Australian Institute of Health and Welfare., 2015) It has been explained in the first settlement in Australia Scott Swain that the definition of child abuse is always covered in normative and deviant context of the rearing practices of the child and it falls within the context of historical and cultural context. It has been estimated by Fabion Loh that there are one quarter of convicts until the 1820s and all were under the age of 18 years. It is a public and a social health problem as well as a childrens right issue in the countries like Australia. There can be adverse consequences of the neglect and the abuse of the child and the young people. Child abuse is very much prevalent in various countries like Australia and now it has become very easy to be spoken about and accept the social issue. (Beckett, 2003)There are useful frameworks provided by the Socio-economic factors but these are not complete. There has been mandatory reporting and the sharing of information in regards to child abuse these days. The government has also star ted taking various initiatives for its prevention and intervention. Historical Perspective The cruelty to the children has always been there the evidence of the mistreatment of the children through the hands of the adults has been described throughout the ages and across various societies. If we look back in to the history than according to Smith the children has always been maimed, killed, starved, neglected and abandoned with cruelty. It is very well said that the child neglect and abuse is not something unique in the 21st century. If we look back in to the history then we can find that the first wave of child protection movement had already arrived in Australia in the last decade of the nineteenth century when there was a realization on the part of people that something needs to be done for the protection of the children those who were being ill treated by various people that included their families.(Bromfield, 2004) Cradock (2013) outlines that there must be a distinction made between the early days of the child protection movement in the nineteenth century where the focus was on child saving of children from impoverished environments and what is now understood as more a pathological form of child abuser. The differing definitions of child abuse in all forms is further complicated by how to distinguish a child abuser from a non-abuser, as there is a wide range of services and professions each with differing knowledge and expertise along with the fundamentally political aspect of child protection services and funding restrictions that will always affect varied knowledge construction and resultant specialist practices (Cradock, 2013). The Australian Government defines child abuse as any kind of non accidental behavior by the parents, other adults, the caregivers or any other older person that is outside the norms of the conduct and further entails a risk of causing any kind of emotional or physical harm to the young person or the child. These behaviors may be intentional or un-intentional and can also include the act of omission like the commission or neglect.(CFCA Resource Sheet, 2005). It has been seen that the main indicator of the child abuse is poverty but poverty itself does not means that the child is at a risk of being abused. Basically the child abuse is one of the umbrellas that cover all the maltreatment that are suffered by the children at the hands of the other people. There has been a different variation in the form of legal and operational of child abuse in Australia due to which it is not very easy to provide a consistent data regarding the incidence of child abuse. The child abuse or maltreatment has been divided in to four main forms that include physical abuse, sexual abuse, neglect and emotional abuse.(Child Family Community Australia., 2012) Physical Abuse is a term that is defined as a non-accidental injury caused physically to a child and the physical abuse is considered to be one of the core forms of child abuse and maltreatment since the ages. The roots of the physical abuse include the physical punishments. It was noted by Radbill (1974:3) that there is a necessity of physical punishments to the children that are very severe for the maintenance of discipline, for pleasing certain gods, expelling evil spirits or transmitting the educational ideas. It has been written by Randbill these physical punishments have been given to the children since the early ages and there were also laws for the same. Though there were some people who use to speak out against the extreme physical punishment.(Holzer, 2008) There can be a physical injury that can occur from a single or a repeated episode. The physical injury may take the form of minor injury to the major form that is death.(Australian Bureau of Statistics, 2012) Neglect, the child neglect became a social concern after the industrial revolution throughout the western world. There were many orphanages, factories and work houses where the children work as the laborers.(Bacon, 2001) The children here were kept as slave labor as the demands for the services of the children were growing by the development of the industrial revolution in the late 19th century. Under these areas the children as young as 5 years used to work for 16 hours a day , were beaten and were also starved due to which they suffered variety of illnesses. The various concerns for the neglected and abandoned children resulted for the formation of the first child protection society and child rescue that resulted in the enactment of the first legislation that was designed to protect the children. Infanticide, when the physical abuse and neglect are taken to its extremes than it results in exposure and infanticide and these are the universal forms of fatal child abuse that has been practiced through the centuries. In the rural Europe until 1980s there were basically the girls who were in particular to the risk of death and being sold.(Baer, 2006) Sexual Abuse, it is basically the use of the child be it a male or a female for sexual gratification by an adult or an older child, it has been occurring throughout the history. The sexual abuse use to take place in the families it self when in the late 16th century various legislations were enacted in England due to which the children were being protected from the sexual abuse. With the passage of time many educators started taking initiative of warning the parents of keeping an eye on the children all the time and keeping it ensured that the children were never naked in front of the other adults so that the children could be protected from the sexual abuse.(Brewerton, 2007) Emotional abuse, it is also known as psychological maltreatment. It is a verbal abuse or harassment to a child by an adult with a main aim of damaging the confidence level and the self esteem of the child. There is no physical injury left by the emotional abuse due to which it is the most common form of hidden maltreatment. There are different forms of maltreatment in the case of emotional abuse at different rates and cultures.(Brodsky, 2008) Prevalence According to the various researches it has been found out that there were around 49,721 cases of child abuse in Australia during the year 1990-91 that were investigated by the territory welfare department and the state. Approximately forty five percent of the cases were substantiated and around seven percent were assessed. There has been a continuous awareness rather than an increase in the children that are being neglected and abused ever since the statics has been kept by the State Welfare Departments.(Bromfield L. ., 2005) This can be due to the awareness in the greater parts of the community. There have been various educational and legislative changes that are being adopted to look in to the matter of child abuse. Mandatory reporting and other preventive measures Mandatory reporting means the general laws that are passed by the parliament and the other designated officer that requires the various other designated officers to report the cases that are suspected and known in relation to the child abuse that further includes the sexual abuse. These reports of the suspected or the known cases shall be made to the various government authorities. The mandatory reporting laws are distinct from the various other industry based obligations and legal laws that are related to the criminal conduct and other types of misconduct. The people who are covered under this law for the purpose of reporting includes the people who deal with the children in the course of their work and include doctors, nurses, police and teachers and the people who at any time encounter the cases of child abuse shall report these cases to the child welfare agencies. In the 21st century it has become very important that there shall be reporting mechanisms and the information shall b e shared from time to time by various agencies so that a more comprehensive picture is being enabled about the children that are being at risk of being abused and further appropriate and timely actions can be taken. All these needs of information sharing has led to the coming up of the mandatory reporting and preventive measures.(Coohey, 2011) The child sexual abuse has become very common fact these days due to which the government has chosen various mandatory reporting laws for measuring the social policy, crime prevention and the public health. The annual incidence that was recorded by the government officially and the various child protection agencies in the countries like Australia ha been quite stable in the past eight years and has been recorded to be between 3400 and 4800 Australian children being abused annually from the year 2004 to 2013.(Cook, 2005) However it has been seen that the real incidence that has been recorded is far being higher than the recorded. It has been founded by the research of recent global review that highest amount of girls are being abused in the countries like Australia. It has been noted that various reasons arise for the gap between the real incidences and the official incidences. One of the most prominent reasons that have been noted for this gap is that there are many cases that has no t been reported or investigated by the various authorities of the government.(Cyr, 2010) There are various adverse consequences that are suffered by the children who are being sexually abused though it has been found that the severity of the consequences might vary from the individual to individual. These consequences might lead to physical injury to mental or psychological injury along with the negative effects on the socialization and behavior of the children. The main and the immediate consequences of this include stress, traumatic disorder, low self esteem and depression. It has been found by the various researches that there is high suicide rates and accidental fatal drug overdose in the case of the children who are the victims of the sexual abuse. (Dubowitz, 2007)There is an emotional abuse when the child is being abused sexually and it also has severe consequences. Child Physical abuse: A battered Child syndrome One of the first reporting laws that were used for the welfare of the child abuse was the work of Colorado pediatrician that included C Henry Kempe along with his various colleagues those who were indulged in the identification of the cases of the child abuse and they conceptualize it as a battered child syndrome.(Edidin, 2012) The Battered Child syndrome was defined by Kempe as a term that is used to categories a condition that is clinical in the children who are young and have received serious abuse in the form of physical abuse and is a cause of death and childhood disability .This problem can occur at any age but generally the affected children includes the children who are younger than 3 years of age. (English, 2004) Overview of the developments in Australia It has been researched that there has been first Australian laws for reporting the cases of child abuse in the late 1960s and early 1970s. The first law that is the Australian Mandatory reporting law came in to being in 1969 in South Australia.(Evans, 2005) It has been consistently supported by the Australian government that the Australian mandatory laws are very necessary component for the social policy and they respond to the child sexual abuse. The examples of this include: The Layton Review in South Australia in the year 2003 The wood enquiry in the year 2008 in New south Wales The Cummins, Scales and Scott inquiry in Victoria in the year 2012 Conclusion It has been concluded from the various researches that the child abuse has been becoming more prevalent in Australia. There are wide ranges of consequences that are faced by the children who are being abused sexually or physically. Though there have been various preventive measures that are being taken by the government to overcome this issue and look in to the matter. (Flaherty, 2009)It is the responsibility of the Australian government to protect the children from being abused and this issue cannot be ignored at all. There shall be effective child abuse prevention that can also be developed from the family that is strong and has a service base. Along with the government it is the responsibility of the guardian and the family to keep a vigilant eye on the children and protect them from being abused. The government t, community and the individuals shall work in conjunction to eliminate this issue from the society and keep the students safe protected and happy so that they enjoy their childhood freely rather than being abused. Bibliography Australian Bureau of Statistics. (2012). Census of population and housing: Estimating homelessness. Australian Institute of Health and Welfare. (2015). Australian Institute of Health and Welfare. Retrieved October 8, 2016, from Child protection Australia 2013-14.: www.aihw.gov.au/publication-detail/?id=60129550762 Bacon, H. . (2001). Attachment theory and child abuse: An overview of the literature for practitioners. London. Baer, J. C. (2006). Child maltreatment and insecure attachment: A meta-analysis. ournal of Reproductive and Infant Psychology, , 187-197. Beckett, C. (2003). Child protection: An introduction. . London: SAGE Publications. Brewerton, T. (2007). Eating disorders, trauma, and comorbidity: Focus on PTSD. Eating Disorders, . Brodsky, B. . (2008). Adverse childhood experiences and suicidal behavior. Bromfield, L. . (2005). Child Abuse Prevention Issues No. 22. Retrieved October 8, 2016, from www.aifs.gov.au/nch/pubs/issues/?issues22/issues22.html Bromfield, L. M. (2004). The limitations of using statutory child protection data for research into child maltreatment. Australian Social Work. CFCA Resource Sheet. (2005). Abuse. Christoffel. Child Family Community Australia. (2012). What is child abuse and neglect? Melbourne: Australian Institute of Family Studies. Retrieved October 8, 2016, from What is child abuse and neglect? Melbourne: Australian Institute of Family Studies: www.aifs.gov.au/cfca/publications/what-child-abuse-and-neglect Coohey, C. R. (2011). Academic achievement despite child maltreatment: A longitudinal study. Child Abuse Neglect,. Cook, A. S. (2005). Complex trauma in children and adolescents. Psychiatric Annals,. Psychiatric Annals, , 390-398. Cyr, C. E.-K. (2010). Attachment security and disorganization in maltreating and high-risk families: A series of meta-analyses. Development and Psychopathology,. 87-108. Dubowitz, H. . (2007). Physical abuse and neglect in children. The Lancet, , 1891-1899. Edidin, J. P. (2012). The mental and physical health of homeless youth: A literature review. . Child Psychiatry and Human Development , 354-375. English, D. W. (2004). Another look at the effects of child abuse. ational Institute of Justice Journal, , 251, 23-24. Evans, E. H. (2005). Suicidal phenomena and abuse in adolescents: A review of epidemiological studies. . 29(1), 45-58. Flaherty, E. T. (2009). Adverse childhood exposures and reported child health at age 12. Academic Pediatrics, 9(3), 150-156. Holzer, P. J. (2008). NCPASS comparability of child protection data: Project report. . Melbourne.