The Startup of an English as a Second Language (ESL) EXECUTIVE SUMMARY This report presented a detail plan, including a master budget, pertaining to the startup of an English as a Second Language (ESL) school in Richmond, B.C. The report includes a business description, master budget, evidence used to build the master budget, a discussion of opportunities and threats accompanied by a contingency plan, sensitivity analysis, and a summary of the report. References will follow. TABLE OF CONTENTS INTRODUCTION3 BUSINESS DESCRIPTION4 INCOME STATEMENT13 BALANCE SHEET14 EQUITY ANALYSIS, PART 115 EQUITY ANALYSIS, PART 216 CASH BUDGET17 EVIDENCE USED TO BUILD THE MASTER BUDGET18 OPPORTUNITIES/THREATS19 SUMMARY OIF THE REPORT22 REFERENCES23...The end:
.....of occupancy a day rather than total occupancy. This move would allow us to lower our rent and our burn rate. SUMMARY OF THE REPORT This report has offered a detailed business description for an ESL school in Richmond, to be known as Richmond ESL School (RESL), in tandem with various budgetary documents, namely an income statement, balance sheet, capital expenditures budget, and cash budgets. There has also been a sensitivity analysis and documentation of the assumptions used to inform the financial models and data. References City of Richmond. (2010). Population and demographics. Retrieved November 6, 2010 from http://www.richmond.ca/discover/demographics.htm. Google Maps. (2010). Retrieved November 6, 2010 from http://www.maps.google.com.