Acc 557 Week 1

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You Are an Entrepreneur! Kareem Abdullah Dr. Daniel Terfassa ACC 557 2/12/14 1. Executive summary I always had an infatuation for being healthy, eating right and working right. Now, I have the chance to make it come true for other individuals. Introducing my new company, Newbody, Inc. NewBody, Inc. will provide a fitness plan, body workouts, a sufficient diet and health exercises. Health service provision is one of the sector that is fast gaining popularity and Newbody, Inc intends to make sure that our industry’s success. We’re going to start off by capitalizing the scarcity of service provides and the large market that is available. The business venture intends to offer workout services and health exercise at a low cost to its…show more content…
When it come to the venture, we will need to have a short term plan for financing of $150,000 in the first three months of the year. We have a prediction that we will have a positive cash flow at the end of the year that will us a yield a surplus of $5,450. In the cash flow, it is assumed that the additional $120, 000 additional financing will come from investors and have allowed for interest for the full amount. In a nutshell, it is hoped that the venture will be financed partly by credible investors by a sum of money equivalent to $120,000 this way, it is believed that the investors would have made a very judicious investment in the business

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