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student number:
submission date: 18/04/2011
staff code: F1045895LD
tutor: Natalie Bartram
words: 3301
Table of contents
1 admission3
2Evaluation of Silver Spoon Events fiscal accomplishment4
2.1Profitability5
2.2Liquidity5
2.3Efficiency6
2.4Gearing6
2.5Operating round (OCC)7
3Raising finance by using a bank im post7
4Other sources of finance9
4.1Family and Friends9
4.2fiscal lease10
4.3Factoring11
5Working Capital vigilance (WCM)11
5.1Inventory Management12
5.2Trade Receivable Management12
5.3 specie Management13
5.4Trade Payables Management13
6Conclusion14
7Reflective Diary15
8Bibliography17
Introduction
In this assignment the financial situation of the company Silver Spoon Events (SSE) is elucidated. The company is a small- coatd enterprise which offers event catering service in London. collectible to the high success of the company the owner, penny Black, wants to extend the business.
Penny needs ?100,000.00 for bigger premises, more equipment and machinery and staff.
In the first go the financial consummation of SSE is compared to the industry average to pass judgment the financial position on the market.
The second part deals with the fund-raising to lift additional finance using a bank loan with regard to the current gearing, financial position, the businesss size and history.
In the third part other financial sources similar factoring, finance lease and help from family and friends are mentioned and analyzed.
The last part is about the working capital management techniques to include recommendations particular proposition to the business.
Evaluation of Silver Spoon Events financial performance
To evaluate the financial situation and position on the market the financial performance of the company has to be compared to the industry average by compute the profitability, liquidity, efficiency and gearing.
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