see directions in attachment.NEED IN 8 HOURS FROM NOW.SERIOUS TUTORS NEEDED FOR A GRADE

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You have recently been appointed as a business adviser with a local Chamber of Commerce. They provide advice for business start-ups and strategic advice for existing SME’s.

Recently David Laughton has approached the Chamber of Commerce for advice regarding a possible investment.  He has recently been made redundant and has received £100,000 redundancy payment.  His wife Sara has had a small catering business which undertakes outside catering, mainly for weddings, funeral teas and children’s parties.  Currently this is all done from the large kitchen in their house.

If David were to use all or part of his redundancy money thenSara’s business could expand and have permanent dedicated premises with a small café.  There are two possible investment opportunities open to them.  The first is an old bakery on the main street of their local village and would require an investment of £100,000, which is all of the money.  The second option is the Village Hall Tearoom which would require an investment of £60,000 but has less capacity than the first project.

After extensive research the projected cash flows are estimated as follows.  It may be assumed that the cash flows arise evenly throughout the year.

David and Sara agree that they need a minimum 15% return on their investment if it is to be worthwhile.

TASKS

Your task as a Business Advisor is to produce an informal report for David and Sara which gives a full Capital Investment Appraisalof bothinvestment opportunities.  This report should be as detailed as possible and conclude with recommendation(s)and reasons.

Your report should contain the following:

• The purpose and value of CapitalInvestmentAppraisals
• Calculations using both non-discounting and discounting methods of investment appraisal.
• Comment on the limitations and advantages of the techniques used.
• Of the techniques you have used state which two in your opinion are of most use.
• Recommend which project is the better option, stating why it is superior to the other option.

In addition you are required to submit a paper copy of your assignment with the attached front cover sheet.  This may be submitted to Tim on Monday 13th May between 4:30 and 6:00pm in the EMMTEC building or after Tuesday’s lecture (please note the Turn-it in copy must have been submitted before the Monday deadline.)

Any handwritten sections should be photocopied and included in the electronic submission.

All sources should be referenced in accordance with the Harvard System of Referencing.

After submission you may be interviewed on the contents of your assignment.  This is known as an academic Viva.

Show all your calculations.

Final Paper Proposal

For detailed information regarding outlines, introductions, thesis statements, and an APA references list, visit the Ashford Writing Center.

Review the assignment instructions for the Final Paper in Week Five. Submit an outline for your Final Paper that includes the following:

1. Develop an introduction with a thesis statement for the Final Paper.
2. Create an outline of the major headings with a two- to three-sentence description of what you will discuss under each heading.
3. Provide a references page for the sources used in the Final Paper (the Final Paper has a minimum requirement of five scholarly sources).
   • State the complete bibliographic citation for the scholarly source following APA guidelines.

Focus of the Final Paper

You are the manager of Acme Fireworks, a fireworks retailer who sells fireworks, puts on ground display fireworks, and large aerial display fireworks. The company started in the owner’s garage two years ago and now has 15 employees that you manage. The company started as a sole proprietorship, and the owner has never changed the entity. The owner has informed you that the company has received inquiries from several large businesses wondering if the company could create several fireworks displays on a regular basis. The owner told the inquirers that the company could fill such display orders, and a price per display was agreed upon. It was discussed that most of the cost for a fireworks display is for skilled labor, insurance, and the actual service of setting off the fireworks. No other details were discussed. The owner is anticipating that new employees will need to be hired, but he is worried that if the large orders for fireworks displays do not continue, the company will not have the funds to pay the new employees. The owner is now considering changing the business entity, but he does not know what entity to form or how to form it.

The owner has asked you to do the following:

• Determine if the contracts with the businesses will be governed by common law or the Uniform Commercial Code (UCC), and explain why. 
• Analyze whether the owner formed a contract with the businesses, and apply the five essential elements of an enforceable contract.
• Explain the potential personal liability to Acme Fireworks if a spectator is injured by a stray firework from a fireworks display.
• Discuss the different employment types and relationships relevant to agency law, and analyze the advantages and disadvantages of each type specific to Acme Fireworks.
• Explain why Acme Fireworks should not operate as a sole proprietorship. Recommend a new business entity, and provide rationale to support your recommendation. 

For each task, be sure to analyze the relevant law, apply the facts to the law, and make a conclusion.

Writing the Final Paper

The Final Paper:

Must be eight to ten double-spaced pages in length (not including the title and reference pages), and formatted according to APA style as outlined in the Ashford Writing Center.

1. Must include a title page with the following:
   1. Title of paper
   2. Student’s name
   3. Course name and number
   4. Instructor’s name
   5. Date submitted
2. Must begin with an introductory paragraph that has a succinct thesis statement.
3. Must address the topic of the paper with critical thought. That is, describe what your response is to the content, either positive or negative, and defend your position. If multiple options, alternatives, and/or positions are present and are being rejected, you must also defend the reasons for rejecting an option.
4. Must end with a conclusion that reaffirms your thesis.
5. Must include at least five scholarly sources, two of which must be from the Ashford University Library, in addition to the course textbook.
6. Must document all sources in APA style, as outlined in the Ashford Writing Center.
7. Must include a separate references page, formatted according to APA style as outlined in the Ashford Writing Center.

Carefully review the Grading Rubric for the criteria that will be used to evaluate your assignment