Wednesday, February 26, 2020

Business Plan Essay Example | Topics and Well Written Essays - 3000 words - 2

Business Plan - Essay Example The restaurant will specialize in a combination of fast cold or hot sandwiches and salads. It will also have specific recipes for the Dubai locals. The FWD’s unique menu, excellent location and repeat business are the main keys to the restaurants success. The restaurant will basically be a sole proprietorship owned by Ursula. The initial capital investment will be $30000. An additional of capital of $20000 will be raised in short term loan. The company will however overcome these challenges due to its excellent location. Further, it intends to draw into its main target market segment (business professionals) by providing a suitably upscale environment. For the restaurant to achieve the highest sales volume especially during its peak hours, it will seek to provide the customers with quality food and maximum number of services. It has planned charge a slightly higher price on its product and services that the competitors to justify for its upscale establishment and also cover for the operating costs that are expected to be higher because of the expanded and differentiated menu. First World Delicacies (FWD) is a new era restaurant that focuses on fast, nutritious and, healthy food to the local downtown area in Dubai. The restaurant will specialize in a combination of fast cold or hot sandwiches and salads. It will also have specific recipes for the Dubai locals. The distinct menu offered by the FWD allows it to follow a differentiation strategy which will allow it to provide hard to find or unique choices to its customers. All these will enable the restaurant to charge a slightly higher price that the customers thereby returning a significant profit. FWD is basically a restaurant which has both lunch and dinner menus. It also treats customers who come for dinner with a theme show. First World Delicacies (FWD) is a new era restaurant that

Monday, February 10, 2020

Bank Failure Case Study Example | Topics and Well Written Essays - 1750 words

Bank Failure - Case Study Example This however, also led to the fact that banks and other financial institutions started to take on more liberty due to this financial liberalization. The removal of restrictions on capital flows allowed banks to invest into cross border projects thus assuming more risks but also allowed them to indulge into banking practices which were more risky for the overall health of the financial institutions. The subprime mortgage market failure however, forced many experts including Prof. Susan M Wachter to conclude that the subprime mortgage failure will be much worse than the expectations held by most of the market participants. (Knowledge@Wharton). Evidence indicate that the literature comprehensively provided an insight into what may actually happen due to the lending policies adapted by the banks and other financial institutions and as such if such practices continue, it may be difficult for the financial system to sustain the increasing pressures from speculative activities in which banks and financial institutions have engaged themselves into. ... ning for the developing countries however, the current financial crisis and resulting insolvencies of banks like Lehman Brothers is an ample example of how the financial system of developed world can bear the heavy cost of bank insolvencies also. This paper will discuss some of the evidence and predictions that were presented in the literature published prior to the crises and will specially focus on literature published prior to 2003. Bank Failure Caprio G & Klingbiel D (1996) is of the view that the bank insolvencies have increased since 1970s and as such the losses are significant as compared to the losses that were incurred due to such bank insolvencies prior to such episodes. What is however, significant to note that such bank insolvencies clearly indicate the misallocation of resources as banks failed to identify and book profitable projects which can self generate the cash flows to repay the loans taken against them. (Caprio and Klingebiel). This analysis captures the real practices of the banks which continued in the 21st century also where banks continue to lend into those areas which were significantly more risky hence more deterimental to the overall health of the financial system. The lending into subprime mortgage market is just one example of imprudent lending practices adapted by the banks in order to achieve higher profitability targets with a very limited and short term horizon. What is also significant to understand that there was a systematic shift towards achieving the short term results as compared to ensuring long term insolvency of the banking institutions. Another analysis by Caprio G & Klingbiel D (1996) indicating that the worst affected of the crises would be Japan and other developing countries such as Argentine and Chile. (Caprio and