Approach MEINEKE - Investment Proposal Assignment Help For Getting Higher Academic Grades!

Home   Course   MEINEKE - Investment Proposal Assignment Help
Previous << || >> Next

DO YOU WANT TO EXCEL IN MEINEKE - INVESTMENT PROPOSAL ASSIGNMENT? HIRE TRUSTED TUTORS FROM EXPERTSMINDS AND ACHIEVE SUCCESS!

MEINEKE - Investment Proposal

MEINEKE

Question: Name of the franchise and brief introduction:

The name of the franchise is Meineke. Meineke car care centres are one of the staples running since 1972. It was originally named as Meineke Mufflers with initial location at Charlotte. This franchise automobile repair shop now has its branches in Brazil, North America as well as China. With the passage of time, it gained domestic as well as international popularity in automobile care. Working on the mission of inhibiting innovation in their service, they have managed to gain public confidence. They have effectively managed to narrow down the gap between the needs of its customers for better workmanship and its service.

Question: Services it offers to its franchisees:

This is a top quality service provider that assists its franchisees in attaining invaluable knowledge by undergoing training and development programs to ensure that they meet success through their activities and proper delivery of such services. It also offers them various advertising programs that help them achieve augmented sales through public recognition of its brand. It also provides assistance in intense marketing strategies to its franchisees. It is also known to provide operational as well as technological support. They also provide teaching facilities on how to run a business rather than just focusing on the car repair system. Hence it works on the four fold principles of training, educating, technological support and innovation.

GET GUARANTEED SATISFACTION OR MONEY BACK UNDER MEINEKE - INVESTMENT PROPOSAL ASSIGNMENT HELP SERVICES OF EXPERTSMINDS.COM - ORDER TODAY NEW COPY OF THIS ASSIGNMENT!

Question: Investment costs in owning a franchise:

Opening a Meineke franchise depends on the size as well as the scope of the business. It includes all relevant training and development expenditures for the franchise to be a success in future. The average investment varies from $ 123121 to $ 572411. Thus average investment would be $347766 (average investment = <high + low>/ 2). This also includes expenditures in capital assets as well. Details of the expenditures are as follows:

TYPE OF EXPENDITURE

LOW

HIGH

Initial franchise fees

$ 7500.00

$ 35000.00

Travel and living expenses during training

$ 2500.00

$ 5000.00

Real estate rent and security deposit

$ 3500.00

$ 12600.00

Opening inventory

$ 5000.00

$ 5122.00

Equipments, signs and small tools installations

$ 22243.00

$ 138163.00

Freight

$ 1500.00

$ 3500.00

Point of sale software

$ 7363.00

$ 9871.94

Insurance

$ 515.00

$ 12000.00

Initial marketing

$ 20000.00

$ 20000.00

Legal and accounting expenses

$ 10000.00

$ 11155.00

Pre-paid expenses

$ 3000.00

$ 25000.00

TOTAL PRE-OPENING EXPENSES

$ 83121.00

$ 502411.94

Additional funds- 3 months

$ 40000.00

$ 70000.00

TOTAL START UP COSTS

$ 123121.00

$ 572411.94

Question: Reasons that make this investment proposal worthwhile:

Considering the risk associated with any type of business organisation it is advisable to look into the opportunities that the potential business organisation or an idea promises. Automobile repair sector is one such area which can yield enormous profits to an entrepreneur. Such is the case of this acquiring franchisee. Making an investment in this sector is completely worthwhile due to the following given reasons:

The United States economy has witnessed over 90% of the households owning cars. And a car care system is bound to flourish when there is increase in the number of cars sold. Household would demand occasional repair and maintenance. This would hence I love the franchisees to recognise enormous profits throughout the life of their business. It can be therefore concluded that the business would have an everlasting demand that already and established base of clients

Owning a car care system would allow their franchisees to be the boss of their showrooms and hence not work under an authority. It is estimated that are likely to witness an annual turnover of seven lakh dollars thus taking away a huge as net income. Search high income owners would maintain high standards of living and contribute directly to the growth of the economy. Moreover if the franchisee lives in a metropolitan city, it is likely that he would surpass the aforementioned estimated figure as well.

The above reasons provide guarantee for a complete success to the franchisee. Apart from the reasons listed above owning such a car care system would ensure and provide different sizes with better expansion opportunities to exploit. It would make him professionally as well as financially stable by giving him the next big thing to do in his career.

After deeply examining the advantages of entering this industry can be easily concluded that the investment is worth making. It would not only provide the franchisee with a pop up boost in its profit but would also trigger its expansion strategies.

DO YOU WANT TO EXCEL IN MEINEKE - INVESTMENT PROPOSAL ASSIGNMENT - ORDER AT EXPERTSMINDS!

Mode of financing:
It would be feasible to finance this business option by releasing debt equivalent to the amount of investment made. The interest borne shall not affect its decision of undertaking the investment in this car care system.

Details of loan borrowed at 5% per annum payable monthly:
If the amount of average investment is borrowedo @ 5% repayable in monthly instalments, the following shall be applicable:
Monthly equated instalments =
{[Amount borrowed * (1+monthly rate of interest) ^ number of months]}/ {[(1+ monthly rate of interest) ^ number of months]-1}
Thus, equated monthly instalments is $ 6562



















MONTHS

SUM BORROWED

PRINCIPAL COMPONENT

INTEREST


MONTHLY INSTALLMENT

1

347766


5112.975



1449.025


6562

2

342653


5134.279



1427.721


6562

3

337518.7


5155.672



1406.328


6562

4

332363.1


5177.154



1384.846


6562

5

327185.9


5198.725



1363.275


6562

6

321987.2


5220.387



1341.613


6562

7

316766.8


5242.138



1319.862


6562

8

311524.7


5263.981



1298.019


6562

9

306260.7


5285.914



1276.086


6562

10

300974.8


5307.938



1254.062


6562

11

295666.8


5330.055



1231.945


6562

12

290336.8


5352.263



1209.737


6562

13

284984.5


5374.565



1187.435


6562

14

279610


5396.959



1165.041


6562

15

274213


5419.446



1142.554


6562

16

268793.5


5442.027



1119.973


6562

17

263351.5


5464.702



1097.298


6562

18

257886.8


5487.472



1074.528


6562

19

252399.3


5510.336



1051.664


6562

20

246889


5533.296



1028.704


6562

21

241355.7


5556.351



1005.649


6562

22

235799.4


5579.503



982.4974


6562

23

230219.9


5602.751



959.2494


6562

24

224617.1


5626.095



935.9046


6562

25

218991


5649.537



912.4626


6562

26

213341.5


5673.077



888.9228


6562

27

207668.4


5696.715



865.285


6562

28

201971.7


5720.451



841.5487


6562

29

196251.2


5744.287



817.7135


6562

30

190507


5768.221



793.779


6562

31

184738.7


5792.255



769.7447


6562

32

178946.5


5816.39



745.6103


6562

33

173130.1


5840.625



721.3754


6562

34

167289.5


5864.961



697.0394


6562

35

161424.5


5889.398



672.6021


6562

36

155535.1


5913.937



648.0629


6562

37

149621.2


5938.578



623.4215


6562

38

143682.6


5963.323



598.6774


6562

39

137719.3


5988.17



573.8303


6562

40

131731.1


6013.12



548.8796


6562

41

125718


6038.175



523.8249


6562

42

119679.8


6063.334



498.6658


6562

43

113616.5


6088.598



473.4019


6562

44

107527.9


6113.967



448.0328


6562

45

101413.9


6139.442



422.5579


6562

46

95274.46


6165.023



396.9769


6562

47

89109.43


6190.711



371.2893


6562

48

82918.72


6216.505



345.4947


6562

49

76702.22


6242.407



319.5926


6562

50

70459.81


6268.417



293.5825


6562

51

64191.39


6294.536



267.4641


6562

52

57896.86


6320.763



241.2369


6562

53

51576.09


6347.1



214.9004


6562

54

45228.99


6373.546



188.4541


6562

55

38855.45


6400.102



161.8977


6562

56

32455.35


6426.769



135.2306


6562

57

26028.58


6453.548



108.4524


6562

58

19575.03


6480.437



81.56262


6562

59

13094.59


6507.439



54.5608


6562

60

6562


6534.658



27.34167


6562

Details of loan borrowed at 6% per annum payable monthly:

If the amount of average investment is borrowed @ 6% repayable in monthly instalments, the following shall be applicable

  1. Total amount borrowed is $ 347766
  2. Equated monthly instalment shall be $ 3861
  3. Total interest cost shall be $ 1738.83
EXPERTSMINDS.COM GIVES ACCOUNTABILITY OF YOUR TIME AND MONEY - AVAIL TOP RESULTS ORIGINATED MEINEKE - INVESTMENT PROPOSAL ASSIGNMENT HELP SERVICES AT BEST RATES!
Tag This :- MWS81SHA59COR, MEINEKE - Investment Proposal Assignment Help

get assignment Quote

Assignment Samples

    PEST Analysis Assignment Help

    pest analysis assignment help - Present the result of your assessment in a PEST Analysis Grid and a textual explanation

    Environmental Impact Assignment Help

    environmental impact assignment help, federation university, australia - why sap bi tool? what are the bi reporting solution/dashboards you will need to develop

Get Academic Excellence with Best Skilled Tutor! Order Assignment Now! Submit Assignment