Maximum 15 Minutes -Record a short presentation for the Individual Case Study (maximum 15 mins) Weighting: 40% Instructions :Your 62-year old Uncle Xavier has retired as Financial Controller of a...

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Maximum 15 Minutes -Record a short presentation for the Individual Case Study (maximum 15 mins)

Weighting:40%Instructions:Your 62-year old Uncle Xavier has retired as Financial Controller of a public listed restaurant chain. He wants a better work/life balance and is considering buying a franchise or buy an existing or set a new independent business. He likes the fast-food industry and wants to operate a gourmet pizza shop. Uncle Xavier is unsure which option suits him best. As Uncle Xavier knows you have excelled at in this course, he has asked you to explain what Due Diligence investigation he should do to make a sound decision.You are required to prepare a short presentation (maximum 15 mins) explaining the specific steps Uncle Xavier should undertake in his Due Diligence. The presentation must give practical and specific advice for Uncle Xavier as to what to investigate with each business option. You are free to make up other information about your uncle and the business to assist your advice ie. net worth, risk appetite, location, set-up costs etc.Process:

  • Prepare your presentation

  • Check out the folder titled 'Resources to help you create and record your video'

  • Record your video using whatever technology you have available SmartPhone, Video camera etc

  • When you have completed your recording upload your mp4, wmv or mov file to YouTube

  • Fill in the Cover Sheet for this assessment

  • Copy and paste the YouTube link into the submission point below

  • Please provide a copy of your script in the same submission point


Please note that you do not have to follow the guideline as you can remove or include a topic/section as you see fit.



Introduction of the Presentation


What is Due Diligence?


Introduction and expectations of operating a small business. Talk about a possible production option in this section.


Why going into a business? The advantages/ disadvantages of operating a small business.


Opportunities and Market Research (PESTLE, SWOT)


The risks of a career in entrepreneurship (Financial risks, Career risks, Social risks, and health risks)


Options for going into business. Talk about the pros and cons of each of the options. You can also link the earlier section such as Market Research with this section (Starting a new business, purchasing an existing business, and Entering a franchise system).


Make a decision and more justifications on the business option that you would like to suggest.


Any Legal issues to consider?


Financing options and Financial information


Summary of the Presentation

Answered Same DayMay 10, 20213019MKTGriffith University

Answer To: Maximum 15 Minutes -Record a short presentation for the Individual Case Study (maximum 15 mins)...

Swati answered on May 11 2021
148 Votes
Xavier’s Gourmet pizza shop
Introduction
This is presentation to make you understand the Due Diligence investigation that is required to make the sound decision regarding a business startup for Gourmet Pizza shop. This presentation tends to explain the spe
cific steps that you must take in your due diligence along with offering your all associated aspects of business while offering practical and specific advice post the investigation of all available business options in the desired location. So, before we head to your Gourmet pizza shop prospect, we must understand what the due diligence is?
Due diligence is the process to make sure that investors are getting what they think they are buying and what they are buying is worth what they are paying. Due diligence may be said as an investigation regarding person or business before signing of the contractor an act with a specific car standard. There are several types of due diligence such as professional advice, own research and personal network. Furthermore, the research may be market research, desktop research, and communication with current business owners, observing or visiting other businesses, observing the target business, speaking to target markets.
Constraints of Due Diligence
There are few constraints that are associated with due diligence such as technical constraint wherein skills are required to perform research, informational constraint in relation with access to right information, financial constraint , legal constraint and temporal constraints. These must be considered surely while backing up the business with due diligence.
Client profile
Name- Xavier Smith
Proposed business idea- Gourmet pizza shop
Age- 62 years
Education- Bachelor of commerce- Finance, Masters in Finance
Work experience-
4 years Fast food team member
4 years as retail assistant
15 years as accountant
18 years as Financial Controller of a public listed restaurant chain
Family- wife and 2 children
Location- Wellington point
Pre contract budget- 2,50,000
Net worth- $3,000,000
% net worth- 25%
Risk appetite- High
Motivation- Desire for work life balance, self actualization and retirement
Considerations for business
Before you head to a business plan, you must answer these questions to yourself as these are must to have consideration for the business.
Can you afford to start your own business?
Do you have all required skills and resources to start and run the business?
Who are your competitors?
What are probable options to choose from?
How much risk you are willing to take?
Are...
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