Purchase Solution

gift basket company

Not what you're looking for?

Ask Custom Question

Write a business proposal for a small gift basket company. For a company working from home with only $60,000 to use: How would the money be divided and what items a person need to get started and begin operations?

Purchase this Solution

Solution Summary

This answer provides you an excellent discussion on gift basket company.

Solution Preview

The money should be divided as follows:
In $
Equipment 7,000
Furniture 3,000
Inventory 35,000
Supplies 3,000
Cash 12,000
Total 60,000

The items listed above represent how your money should be divided. As you plan to operate from your home, I have not allocated any money for land and building. You will need equipment and furniture to handle and store your inventory. The inventory is required so that you can respond fast to orders as well as get good deals from wholesalers. The inventory, supplies and cash represent your working capital. You need these to defray expenses like advertising costs, or website cost.

You must develop a business plan. ...

Solution provided by:
Education
  • BSc , University of Calcutta
  • MBA, Eastern Institute for Integrated Learning in Management
Recent Feedback
  • "I read your comments, and thank you for this feedback. Do I need to find other studies that applied this methodology Ive used? That's where I'm stuck at."
  • "Thank you kindly sir. "
  • "Excellent and well explained. --Thank you kindly. "
  • "Awesome notes. I appreciate you."
  • "I have the follow-up project and I will assign that to you very soon. "
Purchase this Solution


Free BrainMass Quizzes
Academic Reading and Writing: Critical Thinking

Importance of Critical Thinking

Accounting: Statement of Cash flows

This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.

Managing the Older Worker

This quiz will let you know some of the basics of dealing with older workers. This is increasingly important for managers and human resource workers as many countries are facing an increase in older people in the workforce

Understanding the Accounting Equation

These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.

Social Media: Pinterest

This quiz introduces basic concepts of Pinterest social media