This website uses cookies to ensure you have the best experience. Learn more

Economics Essay

653 words - 3 pages

KHANSAMAAZ!!!!-OWN
INTRODUCTION
My business plan is of a restaurant KHANSAMAAZ-OWN a veg restaurant with free Wi-Fi connectivity will be on my own land of 1500 sq.ft. It is a shop located on west high court road in Nagpur.
The shop will be redesigned and the interiors will be done.
Khansamaaz- own will be a warm and a cozy place with expected customers belonging to families, couples and friends. The menu will serve the south Indian as well as north Indian dishes.
The restaurant would comprise of ten tables and would accommodate 60 people at a time.
The funds will be bought by mortgaging the property.
The chefs will have some experience.

FACILITIES PROVIDED
1. Wi-Fi ...view middle of the document...

00 |
Microwave | 10,000.00 |
kitchen equipments | 150,000.00 |
Projector | 7,000.00 |
set top box | 3,500.00 |
Crockery | 120,000.00 |
Total | 580500 |

I would not put on tv but instead a projector. This would minimize my cost. My idea behind doing this is that there is no return that I have from a tv and also the projector idea is very new.
The promotional activities will be carried through radio and pamphlets.

The TOTAL ESTABLISHMENT EXPENSES= 5,80,500 RS

FIXED COSTS
FIXED EXPENSES | AMOUNT |
Salaries |   |
Head chef | 20000 |
2 chefs(10000 each) | 20000 |
waiters (3500*8) | 28000 |
wifi and telephone | 6000 |
Maintainence | 2000 |
Electricity | 15000 |
Water | 8000 |
corporation tax(on month basis) | 2000 |
Total | 101000 |


VARIABLE COST

variable costs | Amount |
food & material | 50,000.00 |

I would be the manager myself and will look after the restaurant.

CALCULATION OF BREAK EVEN POINT
  | PARTICULARS | AMOUNT |
  | SALES |...

Other assignments on Economics

Economics Essay

595 words - 3 pages | Business will go up and cotton will be sold more. | Price decrease and quantity increase. | Technology improves efficiency in pasta manufacturing | The company that produces the pasta manufacturing. | More pasta will be produced. | Price will decrease and quantity will increase. | * 1. What do substitutes refer to in economics? Give an example of two substitutes. Substitutes are when you have two goods and the price in one increases then

Basic Economics Essay

305 words - 2 pages Polanyi’s embedded economy notion indicates a person or a group of people participating in daily rituals that incorporate economics; their practice of economics is camouflaged in a social institution morally sought out by their personal beliefs. At the simplest level, economics is the distribution and production of goods. When an economic institution is embedded in a noneconomic institution, people do not think about the production and

Mamagerial Economics

618 words - 3 pages University of Dhaka Department Of Management Information Systems (MIS) Term paper On Managerial Economics Course Code: EMIS 505 Submitted to: Md. Abul Kashem Submitted by: Nadia Shahrin Chandni Student ID: 61323016044 Abstract Verifying consistency of empirical data is the motto of this paper. Data of four different kinds of businesses –Soft drink, Refrigerator, Paint and Life Insurance Premium- have been tasted

Managerial Economics

2645 words - 11 pages Examination Paper of Managerial Economics IIBM Institute of Business Management Subject Code-B-106 Examination Paper Managerial Economics Section A: Objective Type (30 marks)    This section consists of multiple choices & Short notes type questions. Answer all the questions. Part one carries 1 mark each & Part two carries 5 marks each. MM.100 Part one: Multiple choices: 1. It is a study of economy as a whole. a. Macroeconomics b

Economics Paper

1646 words - 7 pages housing near proposed downtown NFL Stadium; Daily News-Los Angeles >Lee, Soonhwan: A Review of Economic Impact Studies on Sporting Events. www.thesportjournal.org >Green, Miranda. (Jan 15, 2013); L.A. hopes to Ignite Economic Growth by building Tenantless Football Stadium; www.thedailybeast.com >Siegfried, John and Zimbalist, Andrew; The Economics of Sports Facilities and their Communities; www.uwlax.edu; (Beade, Robert; Stadiums-Professional Sports and Economic Development Assessing the Reality; Heartland Institute; Policy Study; 1994); (Walden, Robert; Don’t Play Ball; Carolina Journal; October/November, p 23; 1997)

Managerial Economics

2736 words - 11 pages MANAGERIAL ECONOMICS: SECTION A: PART ONE: MULTIPLE CHOICES: 1. A-MACRO ECONOMICS 2. C-DEMAND FUNCTION 3. B-ARC ELASTICITY 4. B-CONSUMER GOODS 5. C-THE INDIFFERENCE CURVE 6. A-FUTURE COSTS 7. C-EQUILIBRIUM 8. B-GROSS NATIONAL PRODUCT 9. B-PRODUCT APPROACH 10. C-GDP PART-TWO: 1. Concept of Demand Schedule: The inverse relationship between the price and the quantity demanded for the commodity per time period is called as the demand

Economics

339 words - 2 pages One of the first schools which studied economic growth and development in El Salvador is a school of Modernization. Among the fathers and greatest supporters of the theory of Modernization we may first of all name Simon Kuznets and his colleague from U.S. Walt Rostow. They believed that, from a quantitative statistical viewpoint, factors that are integral to the modernization perspective would be solely economic. Namely they are made up by Gross

Economics

285 words - 2 pages Axia College Material Appendix D Air Pollution Chart After reviewing Ch. 8 and 9 of your text, complete the following table, then respond to the questions that follow: |Issue |Sources |Health/Environmental Effects | |Carbon dioxide (CO2) |Carbon Oxides |Affects Global Warming

Economics - 414 words

414 words - 2 pages In a short-run production function, total product, average product, and marginal product changes as total product and labor increases. The total product increases rapidly up to 6.666 units of labor. This means that marginal product is increasing over the range of production when one additional unit of labor is added. While total product is increasing between 6.666 units of labor and 14 units of labor marginal product is decreasing. When a total

Economics - 1808 words

1808 words - 8 pages Environmental Concerns Associated with Fertilizer Use Use of fertilizer materials has generated numerous environmental concerns in recent years. Concerns can be categorized by their effect on water quality, air quality, and human and animal health. In each case, constituents of primary interest are nitrogen and phosphorus, although others need to be considered depending on the fertilizer source. As previously covered, there are many

Economics - 4150 words

4150 words - 17 pages KINDERGARTEN PHYSICAL EDUCATION ACTIVITIES 134 Inclement Weather Physical Education Activity Resource Guide Correlated to Reading TEKS Grade Level - Kindergarten Grade Physical Education Activity Reading TEKS Locomotor License Purpose: to have students practice locomotor skills and spatial awareness when moving in general space. Review what it means to travel safely in general space (move away from others, watch where you are going, avoid

Similar Documents

Economics Essay 1039 Words

1039 words - 5 pages Supply & Demand Paper Economics How this whole world runs is based on the economics from country to country. Economics is the cause and effect of everything from; unemployment, bankruptcies, corporations going under, individual consumers, and the list goes on and on. Every aspect of business and society is related to economics. With economics lie 3 central problems: what to produce and how much, how to produce it, and who do you

Economics Essay 1677 Words

1677 words - 7 pages 1.) Write an essay on the assumption of the “Rational Self Interest”. Make sure that you touch on each of the three components of this assumption that we discussed in class. Comment on the relevance of this assumption in our daily lives. Economics is defined as how we make choices with scarce resources to obtain our own needs, wants and desires. The Assumption of Rational Self –interests tells us that the definition of rationality means not

Economics Essay 381 Words

381 words - 2 pages Thomas Sowell’s interview on basic economics covered many issue such housing crises, high Taxations, spending 17 % of our GDP on healthcare, trade balance, and currency threats in the future. His main focus was the negative side effects of government intervention in a capitalistic market that can lead to downfall of an economy such as the housing crises in 2008. Thomas Sowell wants to limit government intervention and promotes free trade, the

Economics Essay 566 Words

566 words - 3 pages Price Legalization and Marijuana Consumption By: Mert Daryal (University of Western Australia) Undergraduate Journal of Economics The paper analyzed the effect of legislation on the consumption of marijuana. Methodology • Application of demand theory to illicit commodities to analyze the effect of legalization • Specially conducted survey of first-year students at the University of Western Australia to estimate effects of legalization and a