Should Armed Guard Be Patrolled Schools - 1240 Words

Should armed guard be patrolling schools? There were over 200 school shootings in America from 2013 to 2015 — an average of nearly one a week. In all, these incidents resulted in 59 deaths and 124 non-fatal gunshot injuries. A staggering statistic considering that protecting children at schools has been and will be one of the top priorities for all Americans. Americans disagree on many topics and have diverse social and economic beliefs , but we all agree on providing safe and secure learning environments for our students. Government officials and school administrators face substantial altercations balancing parents’ expectations on keeping the students safe, and understanding the best available solutions with limited funding. These†¦show more content†¦Following the Sandy Hook Elementary School incident in 2012, there have been heated debates about whether or not if schools should have armed guard to patrol schools to deter the potential active shooter and to protect the students if the unthinkabl e takes place. Many believe that just the presence of an armed guard will prevent any potential of shooting at schools. In reviewing past major school shooting incidents, the intrepid shooter planned ahead. They were not expecting anyone at schools would protect the students and staff by shooting back at them. It is safe to assume, the shooters would have had some hesitations, if they knew they were expect to confront an armed guard at the schools. If there is a shooting incident, an armed guard can take immediate action unlike the emergency responders who would have to get to the school and assess the situation before taking any actions. Even a five to ten minute reprieve could mean life or death to many students and school staff. Professionally trained guards can also could play a role in addressing some of the core issues before they even turn into school shootings. In most cases, the shooters are victims of bullying or have been depressed for a period of time. In addition to patrolling, the armed guards can watch for student on student bullying and can observe and report any students that are acting out their depression inShow MoreRelatedShould College Be A Campus Police?2376 Words   |  10 Pagessafe at Brevard College? For a school that has a tuition of $38,000 and at least 800 students and the campus size of 120 acres of land, there is only a couple campus security guards strolling around this campus and strolling an off campus resident. Two years ago, there was a problem with some females getting stalked and almost assaulted on campus. Until this day, we have yet to find the suspects because the suspects have gotten away because of only a one security guard being on duty and that’s notRead Mo reExploring the Reasons for United States Involvement in Vietnam1051 Words   |  5 Pagessabotage North Vietnam and boost up the image of President Diem. They also trained the South Vietnamarmy in modern fighting techniques in preparation for open war with the communists. Ngo Dinh Diem 1) Educated in French Catholic Schools and trained as an administrator. 2) At age of 25 he became a provincial governor. 3) Visited the US and met Cardinal Spellman of New York and John F Kennedy and won their support. 4) 1954 German conference - Diem was acceptedRead MoreEssay on W.E.B. Du Bois and Booker T. Washington1240 Words   |  5 Pagesof social and economic standing for blacks. Booker T. Washington, an ex-slave, put into practice his educational ideas at Tuskegee, which opened in 1881. Washington stressed patience, manual training, and hard work. He believed that blacks should go to school, learn skills, and work their way up the ladder. Washington also urged blacks to accept racial discrimination for the time being, and once they worked their way up, they would gain the respect of whites and be fully accepted as citizens. W.ERead MoreJapanese Internment Camps During World War II1894 Words   |  8 Pagescreation of the WRA (War Relocation Authority), which was a U.S. civilian agency in charge of the forced relocation and internment of Japanese Americans during World War II. There are several orders included in Executive Order 9102, but one order should be pointed out here, â€Å"T he Director of the War Relocation Authority is authorized and directed to formulate and effectuate a program for the removal, from the areas designated from time to time by the Secretary of War or appropriate military commanderRead MoreBerlin Wall6826 Words   |  28 PagesOnce the proud capital of Germany Berlin was divided by a barrier that was patrolled day and night by armed soldiers and guard dogs. On August 13, 1961 shortly after midnight police and soldiers in the Communist controlled Berlin moved quickly to set up barriers. Berliners woke to find their city divided into east and west sectors. A communist nation led by the Soviet Union was in control of East Berlin. While West Berlin was controlled by a democratic nation led by the United States (Epler,Read MoreIncarceration: Prison and Inmates10532 Words   |  43 Pagesintervention services with the intent of maintaining a youths well-being during his or her stay in custody. More intensive treatment and remedial activ ities are usually made available in dispositional facilities for sentenced youth, e.g., training schools, rehabilitation centers, correctional facilities. There is a form of secure detention that is reserved for juveniles considered to be a threat to public safety or the court process. These status offenders, juveniles charged with running away from

Comparison Between The Odyssey And The Iliad - 1068 Words

In the novel The Odyssey, the author Homer describes an outcry against death; whereas in the Iliad death is portrayed as an accomplishment., Both were in the times that is also known as Before Common Era, or BCE. It is known that Iliad begins 10 years before the great Seige of Troy and eventually the odyssey had begun a couple years after that(Classical Lit). When Homer had written these novels it is clear that they have numerous lines, and Homer had written both. In the novel The Iliad it consists of fifteen thousand, six – hundred and ninety – three lines; whereas in the novel The Odyssey, it has fewer lines, which is approximately twelve thousand, one – hundred and ten(Classical Lit). Even though The Odyssey had an outcry†¦show more content†¦They shuffled around and sacrificed and set them up against each other. But whenZeus wants the Trojans to winhe would usually turnagainst the Greeks(free essays). It is also said that in the Iliad that a variety would direct from the urgency of the theme. The Olympians did not portray death and a sense of dying as inflexible(inklings). But all in all divorced from the theme, The Iliad is a very unattractive story that is filled with such cruel and horrific things. These horrific things can include beheadings and also stabbings without a purpose to do it(inklings). Now that I have stated some facts about the Iliad and how cruel it was; I want to compare it to the Odyssey. To give a couple of facts to start off: The Odyssey is also Greek and it derives from the word Odysseia(Classical Lit). Just like the Iliad; the Odyssey too was written by the infamous Homer. The Odyssey also begins with Zeus reflecting on his many affairs. But it was made before the Iliad in 725 BCE and it starts 10 years after the fall of Troy(Classical Lit). Unlike the Iliad, The Odyssey was encouraged by a Goddess, and the person who rules is named King Odyssey; son of Laertes and Anticlea((Classical Lit). King Odyssey was the king of Ithica and also and Olympic god; like King Achilles. Unlike the Iliad in The Odyssey, the Olympians were not to intervene with things unless they were asked to. Also, the Gods did not (what soShow MoreRelatedVarying Cultural Structures in Homers The Illiad and The Odyssey1008 Words   |  5 PagesGreek mythology deals significantly with culture and its factors, as they describe the societies and the people inhabiting it by depicting their everyday life and the state of their land. Both Hephaestus, in Homer’s Iliad, and Odysseus, in Homer’s The Odyssey, set out to portray the cultures that they saw, yet the cultures and societies varied greatly, from Hephaestus illustrating the highly developed societies of the Greek and their culture; while on the other hand, Odysseus seems baffled by howRead MoreSimilarities Between Achilles And Odysseus1110 Words   |  5 PagesHeroics (A Comparison of Heroic Traits Displayed by Achilles and Odysseus in Homer’s, Iliad and Odyssey) Humanity has always strived for greatness, and is destined to continue this attempt till the world stops spinning. Through the art of storytelling, and literature, we have weaved images of what the ideal human should be. Countless works of literature depict such humans as â€Å"heroes†, due to the inspiration they stir within our imperfect souls. Truly epic heroes shape future stories, and remainRead MoreThe Iliad And The Odyssey977 Words   |  4 Pagesplot or storyline, or the theme of the myth. Homer’s The Iliad and The Odyssey are two prime examples of this. Within both epics, the gods constantly intervene in the lives and situations of the characters, molding them to the desired outcome. Without the influence of the gods in either of the epics, however, the ending might have been very different. There was a great deal more divine intervention in The Iliad in comparison to The Odyssey, however, as there were more godly characters in that textRead MoreHomer s The Iliad And The Odyssey Essay1590 Words   |  7 Pagesthe world of the ancient Greeks, the Iliad and The Odyssey. However, none are certain of the time in which Homer lived. It is believed now that, if Homer was at all more than myth himself, he did not create the two stories, rather he organized or edited the poems in a written form (Bloom). Regardless of Homer’s involvement with the two stories, these ancient tales are distinct and characterized by the world in which they were conceived. The Iliad and The Odyssey both heavily draw inspiration from andRead MoreAeneid Analysis789 Words   |  4 Pagescharacteristic to Grecian writer Homer s Epic poems the Iliad and the Odyssey. Much of Roman culture is modeled after or inspired by the Greeks, especially the arts. Roman art, writings, religion, and celebrations were on the rise as they experienced a time of rest, enabling them to develop a rich, eclectic culture. The Roman nation s origins are very pedestrian in comparison to Virgil s poem. The Romans were governed by the Etruscan nation between 750 BC and 250 BC (Time Maps, 2012). The EtruscanRead MoreAnalysis Of Homer s The Iliad And The Odyssey Essay1606 Words   |  7 PagesBy examining the roles that women play in Homer’s epic poems, The Iliad and The Odyssey, the political divide becomes even more apparent. The role of women is clearly defined throughout these literary works, and some of what Homer teaches us is still pertinent today. One such instance that draws attention to the political divide is the structure of leadership in Ithaca. Penelope in The Odyssey assumes a position of power while Odysseus is away from Ithaca fighting in the Trojan War. She defies theRead MoreIliad - Self image1193 Words   |  5 Pagesï » ¿The Iliad Essay Prompt 1. Complete one take home essay. Provide textual evidence, specific lines and incidents from The Iliad that proves your thesis. You may also draw from The Odyssey. Use in text parenthetical documentation according to MLA standards. The style guide that many colleges use is DianaHacker.com. We will use this style guide for both MLA format and grammar and mechanics. If you have any questions about MLA format, refer to DianaHacker.com. This paper needs to read asRead MoreThe Greek Concept of the Epic Hero Essay1135 Words   |  5 Pagesimportant figures in Homers great epic poems The Iliad and The Odyssey. Achilles, the greatest warrior of the Greeks in the Trojan war, is actually a demi-god rather than a human hero, having been dipped in charmed waters by his mother and given the gift of invulnerability. Odysseus, on the other hand, is a fully human character, and his heroism consists more in his cleverness, boldness and cunning than his martial ability. The contrast between these two models of the epic hero could not be strongerRead MoreGreek Epic Narrative : The Iliad, The Odyssey And The Argonautica3638 Words   |  15 PagesWomen in Greek Epic Narrative: In the Iliad, the Odyssey and the Argonautica By Laurence Crooks The Iliad, the Odyssey and the Arognautica would suffer without the depth of character created by their leading women. Each epic hosts a new and interesting woman who makes a place for herself in the complex narratives. Helen survives as a woman who knows her place, in history, the narrative, and the events leading up to the war and acknowledges all of these when other charactersRead MoreAnalysis Of The Book The Odyssey 984 Words   |  4 PagesOdysseus and Penelope, is one of the main character of Homer’s poem The Odyssey. The first four books of the Odyssey tells Telemachus’ story as he searches for Odysseus after his disappearance after the Trojan War. With the guidance of the goddess Athena, Telemachus travelled to Pylos to visit king Nestor and Sparta to visit King Menelaus and Queen Penelope. The primary source on Telemachus is Homer’s The Odyssey. The theme of The Odyssey is centralized on identity, and similar to Odysseus, Telemachus’

Ethical Leadership in the Organization

Question: Describe why Ethical leadership is the most important factor in creating an ethical workplace? Answer: Introduction Ethics is referred to as the system of moral values and principle that assist in the establishment of adequate conduct for both, organizations as well as the individuals. Ethics should be given huge importance for a number of reasons in comparison with a number of issues like protection of identity and privacy, practices of hiring, harassment, safety, equality, censorship, and many more (Harrison 2005). A deviation from the maintenance of good and positive ethical environment in the organization can result in having disastrous outcomes. However, it is important to know, exactly how can an organization be successful in the establishment ethical workplace. There are a number of important factors that should be considered for the creation of ethical workplace. These important factors are different from research to research. A number of researchers have argued that ethical leadership should be considered as the most relevant factor in the creation of an ethical workplace (Brown and Trevio 2006). In context with this important factor, this essay will be placing arguments in favor of this particular important factor for the creation of ethical workplace. However, before the arguments are placed in favor of the statement that ethical leadership should be considered as the most relevant factor in the creation of an ethical workplace, it is important to know what exactly is referred to as ethical leadership. Ethical Leadership in the Organization Majority of the owners of business and have been making attempts on instilling principles of ethics within the workers who have been working under the organization. As an effective leader of the business, one must be focused on the establishment of a culture in alignment with ethical principles and values within the work place (Brown and Trevio 2006). However, the task of leader does not end at this point as this culture in alignment with ethical principles and values must be kept alive in a consistent manner while being an encouragement for the followers in the organization (Hartman 2003). Hence, in simple terms, ethical leadership can be referred to as leading by acknowledging and doing what can be considered as the best possible decision. This can be done by a leader having the sense of ethical behavior in his or her attitude. Ethical behavior is to know and to do what can be considered right. However, the difficulty is to define what is right. Different religions, different cultures and different individuals define it in a number of different ways. Ethical leadership differentiates themselves to do what can be considered unpopular, inconvenient, and even unprofitable temporarily within the services of value and health on long term basis (Harrison 2005). Hence, there are certain main elements that should be involved within the ethical form of leadership. These are modelling ethics, providing employees voice, consideration of the effect of decisions, promotion for the involvement of community, and sourcing of responsibilities. These standards being set must be followed by the employees by themselves. They also utilize punishments and rewards for influencing the ethical behavior of the followers. According to a number of researches conducted, reinforcement is known to be playing a significant role in the effectiveness of modeling as the observers paying closer attention towards the ones who have been controlling relevant resource and towards punishments and rewards. In the communication of organization, ethics within leadership are crucial (Hartman 2003). Leaders of business must be making the decisions that will not only be beneficial for them, but also must be thinking about the affect imposed on other people in the organization. For understanding the relevance of ethical leadership in the business organization and considering it as the most important factor for ethical behavior, a link can be created with the concepts of social learning theory. Ethical Leadership and Social Learning Theory Ethical leadership can be referred to as leading by acknowledging and doing what can be considered as the best possible decision. This can be done by a leader having the sense of ethical behavior in his or her attitude. Relying upon the theory of social learning, an explanation can be provided for the outcomes and antecedents of ethical leadership (Harrison 2005). The theory of social learning contributes in enlightening the reason as to why certain personal features of a particular leader and situational impacts are in relation with the perceptions of the followers as leader being ethical in nature. As per the theory of social learning, for the leaders to be considered as ethical leaders in the eyes of the followers, they must focus on being credible and attractive models of role. In the environment of ethics, where the messages of ethics can end up being lost in the midst of other messages regarding the bottom level and the immediately responsive tasks at one side of the coin, presence of ethical leadership helps in focusing the attention upon ethics by frequent communications regarding ethics and to make the message of ethics salient in nature. Hence, it can be stated that ethical leadership is important for setting high and clear standards of ethics for the others within the organizations. These standards being set must be followed by the employees by themselves. They also utilize punishments and rewards for influencing the ethical behavior of the followers (Brown and Trevio 2006). According to a number of researches conducted, reinforcement is known to be playing a significant role in the effectiveness of modeling as the observers paying closer attention towards the ones who have been controlling relevant resource and towards punishments and rewards. In the final context, it can be stated that the theory of social learning with an assumption that there is occurrence of learning in a vicarious manner. Learning should be vicarious in nature that would be specifically relevant to learn regarding unethical and ethical behavior in contexts with the organization. Employees can create learning regarding what can be considered unacceptable or acceptable to pay attention as to how other members of organization are disciplined or rewarded and regulations being done for their own specific behavior with respect to the result. Ethics is referred to as the system of moral values and principle that assist in the establishment of adequate conduct for both, organizations as well as the individuals (Harrison 2005). Ethics should be given huge importance for a number of reasons in comparison with a number of issues like protection of identity and privacy, practices of hiring, harassment, safety, equality, censorship, and many more. Why Ethical Leadership is most important? Ethical leadership can be considered as been extremely important as of the results it contributes in influencing. Maintaining consistency with a perspective of social learning, followers are known to be emulating the behavior of ethical leaders as these types of leaders are known to be credible and attractive models who model adequate behavior in a normative manner. In addition to this, ethical leaders contribute in communicating the relevance ethical principles and standards, and utilize the system for the management of performance for holding the accountability of the employees for the conduction of these activities (Hartman 2003). Employees do not have to be learning about discipline and rewards in a direct manner, but consistency with the theory of social learning, can create learning regarding the observation of the related outcomes involved. Different religions, different cultures and different individuals define it in a number of different ways. Ethical leadership differentiat es themselves to do what can be considered unpopular, inconvenient, and even unprofitable temporarily within the services of value and health on long term basis (Brown and Trevio 2006). Hence, there are certain main elements that should be involved within the ethical form of leadership. These are modelling ethics, providing employees voice, consideration of the effect of decisions, promotion for the involvement of community, and sourcing of responsibilities. For the purpose of this essay, it is important to understand the implications of ethical leadership over the quality of ethics within the workplace and amongst the decisions made by the followers (Jordan et al. 2013). As a significant reasoning, attractive and enthusiastic role models being presented in the ethical leaders can be considered as relevant source for the provision of ethical guidance to the employees. Ethical leaders help in setting ethical principles and standards and communicating these with the followers. These ethical leaders also have the responsibility of making decision that consider the accountability of the individual needs of the stakeholder. These are supposed to be principled and fair. Therefore, the followers of these types of ethical leaders are exposed to the opportunity for observing and learning appropriate process of decision making in an ethical manner (Mayer et al. 2012). These specific opportunities should be imposing challenge on the thinking of the followers, and supporting and encouraging their own individual decision making in an effective and ethical manner. Ethical leadership should also be considered as extremely important component as it seems to be having a positive relation with the ethical decision making of the followers. Hence, the employees are able to create learning regarding what can be considered unacceptable or acceptable to pay attention as to how other members of organization are disciplined or rewarded and regulations being done for their own specific behavior with respect to the result (Mitchelson 2006). However, it also important to consider that maintaining consistency with a perspective of social learning, followers are known to be emulating the behavior of ethical leaders as these types of leaders are known to be credible and attractive models who model adequate behavior in a normative manner. Therefore, ethical leadership should be influencing the behavior of citizenship or pro- society by the social learning along with the processes of social exchange. In addition to this, ethical leaders can be considered as being legitimate and attractive role models who tend to be creating focus over the attention of followers over the ethical standards, and the appropriate behavior being normative in nature (Reilly 2006). Therefore, it can be concluded that the employees following ethical leaders should be focused on the identification of these leaders and emulating the behavior. Further ahead, going beyond of the theory of social learning, relationships amongst followers and ethical leaders have the chances of being characterized through the forms of social exchange, instead of simple form of economic exchange. Apart from the facts stated above, ethical leadership is known to be having positive relations with the satisfaction of followers, commitment of the employees in the organization, and the level of motivation built within the employees. Once the hiring of employees is done, organizations can use these employees for the purpose of role modeling for the development of ethical leadership (Seidman 2010). However, it has been argued that the reliability of ethical leadership to a larger limit is on the processes of social learning. Thus, to ensure that the young employees have held the proximate of role models with ethical principles and values in a significant manner, it is important for highlighting the basic elements involved. These are modelling ethics, providing employees voice, consideration of the effect of decisions, promotion for the involvement of community, and sourcing of responsibilities. Conclusion Leaders that are ethical in nature have an understanding that positivity in relationships are important standards for each and every effort of the organization. Relationship with good quality are built on the basis of trust and respect, and not only by the element of agreement as individuals need to be sparking off each other. This has been considered as the most relevant factor for determining the success of the organization. The ethical leaders have an understanding about these types of relationships, growing and germinating in the base of fundamental principles of respect, trust, compassion, justice, equity, fairness, honesty and integrity. The ethical leaders have knowledge about how to act with respect to these laws and to live in harmony with these key and important principles, the enterprises of humans are sustained and flourished as well. Hence, it can be stated that the ethical leadership is extremely important for the maintenance of ethical behavior in the workplace organiz ation. In consideration with this fact it can be stated that the reliability of ethical leadership to a larger limit is on the processes of social learning. In addition to this, huge importance should be given to consider that maintaining consistency with a perspective of social learning, followers are known to be emulating the behavior of ethical leaders as these types of leaders are known to be credible and attractive models who model adequate behavior in a normative manner. References Badaracco, J. 2005. Leading Quietly: An Unorthodox Guide to Doing the Right Thing, Boston: Harvard Business School Press. Brown, ME. and Trevio, LK. 2006. Ethical leadership: A review and future directions, The Leadership Quarterly, 17(6), pp. 595616. Covey, R. 2009. Principle-Centered Leadership, New York: Summit Books. Goleman, D. 2005 Emotional Intelligence, New York: Bantam Books. Harrison, DA. 2005. Ethical leadership: A social learning perspective for construct development and testing, Organizational Behavior and Human Decision Processes, 97, pp. 117-134. Hartman, LP. 2003. A qualitative investigation of perceived executive ethical leadership: Perceptions from inside and outside the executive suite, Human Relations, 56(1), pp. 5-37 Jordan, J., Brown, ME., Trevio, LK., and Finkelstein, S. 2013. Someone to Look Up To: ExecutiveFollower Ethical Reasoning and Perceptions of Ethical Leadership, Journal of Management, 39(3), pp. 660-683. Mayer, DM., Aquino, K., Greenbaum, RL., Kuenzi, M. 2012. Who Displays Ethical Leadership, And Why Does It Matter? An Examination Of Antecedents and Consequences Of Ethical Leadership, Academy of Management Journal, 55(1), pp.151171. Mitchelson, JK. 2006. A cross-cultural examination of the endorsement of ethical leadership, Journal of Business Ethics, 63, pp. 345-359. Reilly, EC. 2006. The future entering: Reflections on and challenges to ethical leadership, Educational Leadership and Administration, 18, 163-173. Seidman, D. 2010. Ethical Leadership: An Operating Manual, Bloomberg Business Week, 10, pp. 1-2. Spiker, BK. 2008. Organizational Communication: Perspectives and Trends. Los Angeles, CA: SAGE Publications. Stansbury, J. 2009. Reasoned Moral Agreement: Applying discourse ethics within organizations, Business Ethics Quarterly. 19(1), pp. 33-56.

Roses of Eyam Essay Example

Roses of Eyam Essay After we had read the book Roses of Eyam by Don Taylor in drama class we did some practicals to help us with the understanding of the play and to work on our acting skills. Roses of Eyam is about The Plague and home it came to the small village of Eyam in Derbyshire. In the play The Plague killed many of the characters such as; all of the Sydall family, Edward Thornley and William Torre. The first lesson of practicals consisted of us doing sound tracks and still images. We were placed into groups to do these. A sound track is when you put together sounds o do with a specific topic, this topic being Roses of Eyam, and create an ongoing sound until you reach the finish. A still image is what when you get given a subject to make a picture out of and you freeze into that picture and the audience have to guess what the still image is of. Some groups were better than others in doing the sound tracks. What worked well: the repetition of key facts, certain words were said altogether by the group, which gave it a more dramatic effect, the contrast some groups had between happy and sad with their emotions while speaking, the level of oise because as you increase the level of noise the more suspenseful and dramatic the sound gets. What didnt work well: for sound tracks you must get the beat right for all of the words to it together and if not it Just sounds Jumbled up and it doesnt work well. Still images are fairly easy to do so there was not anything wrong with the still images. We will write a custom essay sample on Roses of Eyam specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Roses of Eyam specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Roses of Eyam specifically for you FOR ONLY $16.38 $13.9/page Hire Writer What worked well: in some groups they had the different stages of death, how the plague killed people, height levels, with more people low and only a few high it shows the audience who has the authority and power in the still image, and lastly ll groups had a clear understanding of what they were portraying in the still image. In the second lesson of practicals we worked on role-playing. We were in groups of three because we were working on three specific characters: Mopessson, his wife Catherine and Mr. Stanley. We were instructed to act out specific scenes and act them in our interpretation of what it would look like. What worked well: the intensity in some scenes, the expression, both facial and emotional, the connection with the characters, the flow at which everyone spoke, the volume of peoples voices and eye ontact with the audience. What didnt work well: some people begin to laugh while acting and some improvements could have been made to make the scenes more intense and emotional. On the third lesson we acted out our impression of a scene from the past. The scene was about Unwin and Merril fghting over their first love, Jane Dunnet. Both men loved Joan Dunnet and even proposed to her but she ended up marrying a butcher. It was brought up in one of the scenes whilst they were talking to Mr. Howe. What worked well: many groups had lots of humor in their scenes and did very well to ntertain the audience however with humor comes distraction and laughing during the scene which did happen, some groups had placed their characters well enough so we could see who was who and it was not confusing and lastly one group had accents while pertorming. In lesson four, we role-played Unwin and Merrils characters how they are portrayed in the book. All but one group had difficulties and struggled to play old men however some worked while others didnt. We did quite a lot of work on Unwin and Merril because they are very significant to the story because they are the oldest men in the illage and they had survived the plague. What worked well: most groups knew that Unwin and Merril do not really get along therefore they put a lot of attitude into their acting which was very good, some people connected with their characters and people had practiced their scenes very well so they knew when to come in quickly to interrupt each other and have a witty conversation. What didnt work well: some peoples body language didnt work because they werent crouched over like an old man would be and they werent walking slowly so they didnt really recognize that Unwin and Merril are old men so you have to act like old men, some people were blocking while doing their scenes which makes it hard for the audience to see, and some people were not focused and were either forgetting their lines or laughing while they were acting. And finally on the last day we did some more research into Mompessons character however we did it differently this lesson. Instead of Just acting what we think is him we acted out a nightmare Mompesson wouldVe had about the people in Eyam and/or his family. This consisted of making him feel scared because he wasnt going to be here for his family or he would be unable to help the people of Eyam because of the plague and so on. What worked well: some groups ended very well because they ended it with suspense and drama, having a low tone of voice is good in a nightmare because it creates more suspense, the intensity levels, facial expressions, also whoever was acting out Mompesson had to have a lot of emotion because it was a nightmare and it was scary to him. What didnt work well: some groups ended up blocking therefore the audience couldnt see.

Biography of Mary Sibley, Salem Witch Trials Witness

Biography of Mary Sibley, Salem Witch Trials Witness Mary Sibley (April 21, 1660–ca. 1761) was a key but minor figure in the historical record of the Salem Witch Trials in Massachusetts Colony of 1692. She was the neighbor of the Parris family who advised John Indian to make a witch’s cake. The denouncing of that act has been seen as one of the triggers of the witch craze that followed. Fast Facts: Mary Sibley Known For: Key role in the Salem Witch Trials of 1692Born: April 21, 1660 in Salem, Essex County, MassachusettsParents: Benjamin and Rebecca Canterbury WoodrowDied: c. 1761Education: UnknownSpouse: Samuel Sibley (or Siblehahy or Sibly), February 12, 1656/1257–1708. m. 1686Children: At least 7 Early Life Mary Sibley was a real person, born Mary Woodrow on April 21, 1660 in Salem, in Essex County, Massachusetts. Her parents, Benjamin Woodrow (1635–1697) and Rebecca Canterbury (spelled Catebruy or Cantlebury, 1630–1663), were born in Salem to parents from England. Mary had at least one brother Jospeh/Joseph, born about 1663. Rebecca died when Mary was about 3 years old. Nothing is known of her education, but in 1686, when Mary was about 26 years old, she married Samuel Sibley.  Their first two children were born before 1692, one was born in 1692 (a son, William), and four more were born after the events at Salem, after 1693. Samuel Sibleys Connection to Salem Accusers Mary Sibleys husband had a sister Mary, who was married to Captain Jonathan Walcott or  Wolcott, and their daughter was Mary Wolcott. Mary Wolcott became one of the accusers of witches in the Salem community in May 1692 when she was about 17 years old. Those she accused included  Ann Foster. Mary Wolcott’s father John had remarried after Samuels sister Mary died, and Mary Wolcotts new stepmother was Deliverance Putnam Wolcott, a sister of Thomas Putnam, Jr.  Thomas Putnam Jr. was  one of the accusers at Salem as were his wife and daughter, Ann Putnam, Sr. and Ann Putnam, Jr. Salem 1692 In January of 1692, two girls in the home of the Rev. Samuel Parris, Elizabeth (Betty) Parris  and  Abigail Williams, ages 9 and 12,  began exhibiting very strange symptoms, and a  Caribbean slave, Tituba, also experienced images of the devil- all according to later testimony.  A doctor diagnosed the â€Å"Evil Hand† as the cause, and Mary Sibley offered the idea of the witch’s cake to John Indian, a Caribbean slave of the Parris family. The primary evidence in the trial against the group was the witchs cake, a common folk magic tool made using the urine of the afflicted girls. Supposedly, sympathetic magic meant that the evil afflicting them would be in the cake, and, when a dog consumed the cake, it would point to the witches who had afflicted them.  While this was apparently a known practice in English folk culture to identify likely witches, the Rev. Parris in his Sunday sermon denounced even such well-intentioned  uses of magic, as they could also be â€Å"diabolical† (works of the devil). The witchs cake didnt stop the afflictions of the two girls.  Instead, two additional girls began to show some afflictions:  Ann Putnam Jr.,  connected to Mary Sibley through her husbands brother-in-law, and Elizabeth Hubbard. Confession and Restoration Mary Sibley confessed in church that she had erred, and the congregation acknowledged their satisfaction with her confession by a show of hands. She probably thereby avoided being accused as a witch. The next month, the town records note her suspension from communion and restoration to full congregational inclusion when she made her confession. March 11, 1692 – Mary, the wife of Samuel Sibley, having been suspended from communion with the church there, for the advices she gave John [husband of Tituba] to make the above experiment, is restored on confession that her purpose was innocent. Neither Mary nor Samuel Sibley appears on the 1689 register of covenanted church members of the Salem Village church, so they must have joined after that date. According to genealogical records, she lived well into her nineties, dying about 1761. Fictional Representations In the 2014 Salem-based supernatural scripted series  from WGN America, Salem,  Janet Montgomery stared as Mary Sibley, who in this fictional representation is an actual witch. She is, in the fictional universe, the most powerful witch in Salem.  Her maiden name is Mary Walcott, similar but not the same as the maiden name, Woodrow, of the real-life Mary Sibley. Another Mary Walcott in the real Salem universe was one of the key accusers at age 17, a niece of Ann Putnam Sr. and cousin of Ann Putnam Jr. That Mary Walcott (or Wolcott) in the real Salem was a niece of Samuel Sibley, husband of the Mary Sibley who baked the witchs cake.  The producers of the  Salem  series seem to have combined the characters of Mary Walcott and Mary Sibley, niece, and aunt, to create a completely fictionalized character. In the pilot of the series, the fictional Mary Sibley assists her husband in throwing up a frog. In this version of the Salem witch history, Mary Sibley is married to George Sibley and is a former lover of John Alden (who is much younger in the show than he was in the real Salem.) The Salem  show even introduced a character, Countess Marburg, a German witch  and terrible villain who has had an unnaturally long life.  At the end of Season 2, Tituba and the Countess die, but Mary goes on for another season. Ultimately, Mary comes to wholeheartedly regret her choices. She and her lover are reconciled and fight for the future together. Sources Ancestry.com.  Massachusetts, Town and Vital Records, 1620-1988  [database on-line]. Provo, UT, USA: Ancestry.com Operations, Inc., 2011.  Original data:  Town and City Clerks of Massachusetts.  Massachusetts Vital and Town Records. Provo, UT: Holbrook Research Institute (Jay and Delene Holbrook).  Note that the image clearly shows 1660 as the birth date, though the text at the site interprets it as 1666.Mary Sibley. Geni, January 22, 2019.Yates Publishing.  U.S. and International Marriage Records, 1560-1900  [database on-line]. Provo, UT, USA: Ancestry.com Operations Inc, 2004.Jalalzai, Zubeda. Historical Fiction and Maryse Condà ©s I, Tituba, Black Witch of Salem. African American Review 43.2/3 (2009): 413–25.Latner, Richard. Here Are No Newters: Witchcraft and Religious Discord in Salem Village and Andover. The New England Quarterly 79.1 (2006): 92–122.Ray, Benjamin C. The Salem Witch Mania: Recent Scholarship and American History Textbooks. Journal of the American Academy of Religion 78.1 (2010): 40–64. Satans War against the Covenant in Salem Village, 1692. The New England Quarterly 80.1 (2007): 69–95.

3 Cases of Dangling Participles

3 Cases of Dangling Participles 3 Cases of Dangling Participles 3 Cases of Dangling Participles By Mark Nichol Dangling participles are verbs that are intended to refer to a particular noun but that, because of how the main clause of the sentence is crafted, do not support the noun. The main clause, and the subordinate clause (often appearing at the head of the sentence), may in and of themselves be grammatically valid, but they do not match- often with unintentionally humorous results. Here are three sentences that suffer from dangling participles; each is followed by a discussion and a revision. 1. Growing up as an undersized kid, punk music helped him find some sense of belonging. This sentence erroneously identifies punk music as an undersized kid. To correct this error, a subject that the participle applies to must be inserted at the head of the main clause, which must be further revised to convey the intended idea: â€Å"Growing up as an undersized kid, he found some sense of belonging in punk music.† The sentence can also be recast as a simple main clause (â€Å"Punk music helped him find some sense of belonging as he grew up as an undersized kid†), but this version is more prosaic. 2. Formally established on May 23, 1947, a primary role of this part-time military force is to conduct surveillance or sovereignty patrols as required. Here, a primary role, rather than the military force assigned the role, is said to be formally established on a certain date. In this case, the dangling participle can simply be relocated as a parenthetical following the sentence’s subject: â€Å"A primary role of this part-time force, formally established on May 23, 1947, is to conduct surveillance or sovereignty patrols as required.† 3. Seemingly perfectly preserved on the outside, the archaeologists were dismayed to find extensive damage within the chamber. In this sentence, archaeologists are described as being perfectly preserved on the outside. In some cases, the best way to avoid such errors is to thoroughly recast the entire sentence: â€Å"The archaeologists were dismayed to find that despite the chamber’s seemingly perfectly preserved exterior, the chamber itself had suffered extensive damage.† (This revision also places the key information at the end of the sentence, resulting in a greater impact.) Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Grammar category, check our popular posts, or choose a related post below:100 Whimsical Words34 Writing Tips That Will Make You a Better WriterTreatment of Words That Include â€Å"Self†

Sex, Drugs, and the Fear of Secular Music Essay Example | Topics and Well Written Essays - 500 words

Sex, Drugs, and the Fear of Secular Music - Essay Example The Christian issue of secular music cycles through society’s collective imagination with a precision worthy of the passing of the seasons. Each new generation brings with it a musical style that invokes fear and disgust among the existing Christian traditionalists. Vulgar lyrics and obscene choreography invites the question of whether Christians should be listening to secular music. Yet, no one can adequately define â€Å"secular† in reference to music, and the Bible offers little, if any guidance. There are Christian concerts with a floor show that makes â€Å"Black Sabbath† look like Sesame Street, while a Yo Yo Ma cello solo is labeled secular because it’s played at a Super Bowl half time show. It’s important to note that there can be a spiritual lesson in even the most crass music, just as lessons are learned from Christianity’s violent past. Even if it could be defined, there is no requirement for Christians to deny themselves all secul ar activities. Christians need to move beyond trying to label music, accept it that we learn about sin from the sinners, and in this world of diverse secular activities Christians should be listening to secular music.

Engineering management Essay Example | Topics and Well Written Essays - 1250 words

Engineering management - Essay Example The oil and gas sector controls approximately 90% of the global economy. The gross domestic product of many oil producing and exporting countries is heavily reliant on the production of these resources [3]. Exploitation of oil and natural gas is done both onshore and offshore and it is then transported from the wells through pipelines to the refineries. Globally, an average of 2500-3000 billion barrels of oil is produced daily and due to the increasing demand for oil and natural gas, production has increased over the years [1]. Due to the increasing exploitation of oil, it is feared that this important resource will eventually be exhausted and there is need to put sustainable measures of exploitation in order to ensure that the economies are not adversely affected. Due to the increased production of oil, more networks of pipelines have been laid out to transport oil between points [3]. Losses of oil due to spillage and theft has increased substantially and this has mainly resulted fr om various factors such as: defects in materials, pipes corrosion, erosion on the ground, vandalism of oil facilities and the tectonic forces occurring due to movement of tectonic plates. The impact of these occurrences can be fatal since they result into environmental pollution, massive fires and if the spillage occurs onshore, marine life is greatly endangered [2]. Nigeria is the leading country in oil theft and spillage. Oil spillage results from corrosion of pipes, poor maintenance of the oil and gas facilities, sabotage, failure of equipment and theft. Multinational companies such as shell that have heavily invested in the country have lost millions of dollars due to oil spillage costing the economy one billion dollars every month [2]. The government of Nigeria has enacted laws to curb oil theft and spillage which enforce heavy

Asbestos Removal †Essential for Healthy Living Essay Example for Free

Asbestos Removal – Essential for Healthy Living Essay For all those who spend most of their time indoors, whether it is their home or office, the environment of these living spaces has a straight affect on their health. Therefore, it is essential for individuals to ensure that atmosphere in which they and their family members live, is secured and healthy. In most commercial and residential buildings, asbestos is used quite extensively. With high tensile strength, it is a highly heat resistant material that comes with good insulating properties. Asbestos is mostly used in manufacturing building materials such roofing, ceiling tiles, insulators and many other building supplies. It is considered a harmless material provided that the building supply in which it is used is undamaged. However, with the depletion of these building products, it becomes necessary to remove them as it starts releasing minute asbestos fibers into the air. Generally, most of these building supplies are labeled to indicate whether they comprise asbestos or not. If there is no such label, it becomes very essential to opt for asbestos testing Toronto to verify any presence of asbestos. Such tests help to ensure that the home is safe and free from exposure to asbestos. Asbestos may have harmful effects on the health as minute particles might get breathed into the lungs that can be cause of lung diseases. For this reason, asbestos removal Barrie is so important. As asbestos is commonly used in the manufacture of building materials due to its high insulating qualities thus it is crucial to test asbestos when individuals renovate or shift into a new house. It is always a good choice to hire experienced professionals expert in the technique of asbestos removal as they are aware of the set rules and regulations. One the most common organic contaminations that might occur indoors are the molds, which are mostly seen in places that lack proper ventilation and have presence of any damp areas inside the home or office. Molds can be found mostly in ceilings, wallpapers, underneath carpets, basements, bathrooms, kitchens, and places near a wet area. Even though it is very minute and can be hardly seen with naked eyes, it can be cause of various health issues. Mold inspection Toronto becomes apparent, if individuals happen to detect any signs of molds at their home or office. Molds can be easily removed with help of mold removal Barrie services. The presence of molds would not only affect the health but also damage the house, making it unsafe and unhealthy for the occupants. In such circumstances, mold testing Toronto helps to identify the type of mold, the degree of damage and the techniques required to remove them. When individuals hire services of professional experts, they can be assured that mold would be completely removed and that no place in the home or office is left out. Molds can affect health of those persons trying to remove molds on their own. Thus, it is necessary that this task is carried out by someone who has knowledge and experience to perform the work efficiently and effectively. The most vital thing is to take act immediately whenever there is any indication that the home or office has been attacked by molds.

Analysis of The Lost World by Michael Crichton Essay -- The Lost World

Analysis of The Lost World by Michael Crichton Michael Crichton's novel, The Lost World began with the exposition of a character who is infamous to Crichton's work, Ian Malcom. The entire introduction and prologue is about Malcom and his scientific views and theories. In a section of the book called 'Hypothesis';, Malcom discusses a theory of 'lost worlds'; - areas in which extinct beings may live, with Richard Levine, a man who's ideas were totally different from Malcoms. Levine and Malcom discuss a possible journey to an island that is suspected to be one of the so-called 'lost worlds';. At first, Malcom is reluctant and thinks that the idea is stupid. After much coaxing, Malcom agrees to go. Levine arrives on the island first, after a lot of useless chatter and talk and the introduction of two young characters, Arby and Kelley, who are students of Levine's and sometimes run errands for him. Almost immediately after they arrive, Levine and his assistant, Diego, begin to search for clues to what the science community calls 'aberrant forms';, which many people have spotted but have been unable to identify. They come to a stream bed, where they are attacked by a group of unidentifiable animals. They capture and kill Diego, and Levine is nearly killed. Malcom and his team of field researchers finally make it to the island - and Arby and Kelley stow away in one of the many high-tech trailers that they had taken on their expedition. After the first day or so goes smoothly, chaos breaks out. When three men, Dodgson, King, and Basselton decide to go to the island, thinking that no one has been there. They plan on stealing the dinosaur eggs and breeding them. In doing so, they cause a ruckus on the island, and the dinosaurs begin to lose their patience. They go on a killing spree, which is graphically described by Critchton as well as nearly killing Arby. The climax of the story comes when Malcom and Sarah Harding (one of his associates) get trapped in a trailer that is about to tumble off the ledge of a cliff. Luckily for them, they are saved by another of their colleagues, named Richard Thorn, saves them by using Dodgson's jeep (which they had thought was broken down, AND after they thought all three of the egg thieves were dead) and ties a rope to the trailer and miraculously saves them. The story isn't over yet, though. The group mi... ... putting together trailers for their expedition and they tell the boss that they are too weak and something could happen, but the boss ignores thim. It's so obvious, but it is foreshadowing. Also, another classic example of foreshadowing from the Jurassic Park series is the shaking and rumbling of the ground then a calm for a second or two before the t-rex attacks. Once again, obvious, but it's still an example of foreshadowing. All in all, this book was good even though I do not enjoy reading. Despite many things that I thought could have been clarified and in a lot of instances, were so dumb that they insulted me, I was entertained by the book. It had a little bit of everything†¦Mind games, action, gore and death, and what I thought was the best part of the entire book†¦Great characters. Between the most important characters, such as Malcom, to the lower-status ones such as Sarah Harding, or even Kelley and Arby's parents, who never actually appear†¦All of them were greatly put together. I might not be able to recommend this book to you if you are reading for pleasure, but if there was one book that you absolutely had to read, Michael Crichton's The Lost World has to be it.

Deborah Ellis Essay

Deborah Ellis started writing at age 11-12 inspired at a young age she grasped her talent. As a kid she was constantly moving from place to place due to her father’s work, and used writing as a coping method. When she grew up, her work and writing was mainly done by traveling and talking to others that have problems and taking note of everything. She started to write the book I am currently the Breadwinner her first book. The Breadwinner takes place in Afghanistan and the main character at only 12 years old is faced with the discrimination against women when her father is arrested by the Taliban and with no other way of providing for her family she dresses up as a boy and tries to find work. Coincidentally Ellis traveled to Afghanistan in 1997 to interview women located in refugee camps. These interviews helped her write her four part series of The Breadwinner. Her writing of this book was inspired by an interview with a mother living in one of the refugee camps. Ellis has become considered of the most beloved young adult writers today as well as being a philanthropist who donates almost all of her profit’s from her books to organizations like â€Å"UNICEF† and â€Å"Women for Women in Afghanistan†. Deborah Ellis is a very motivated person who feels strongly for the rights of women and takes that inspiration and uses it to write compelling stories. Of all the books she has wrote which has come to 18 in total, all of them have been moving stories of injustices. Deborah Ellis has achieved international recognition with her incredibly dramatic books that give readers a glimpse into the life of children in far out developing countries. Ellis has won the Governor General’s Award, Sweden’s Peter Pan Prize, the Ruth Schwartz Award, the University of California’s Middle East Book Award, the Jane Addams Children’s Book Award and the Vicky Metcalf Award. Deborah Ellis constantly finds new ways to express her feelings about the wrongs in the world and inspires us all when she writes about it.

Drawbacks of the Common Law System

Explain the drawbacks of the common law system in England and Wales. ‘Common law’ originated in England in the 11th century. Today in the United States of America, some common law principles from the original English Law are being applied.Alongside it is the branching body of Common Law which is in the process of being set as a part of stare decisis which itself is an abbreviation of the Latin phrase ‘stare decisis et non quieta movere’ which translates as ‘to stand by decisions and not to disturb settled matters’, whereby the judicial systems decisions and interpretation of statutory law provisions by judges, are becoming a part of the common law. Judges too do look to these decisions as a guideline, reference or as a necessary precedent to follow, whilst making their own decisions.Although advantages of the system have been significant in England and Wales, drawbacks of the system gradually came on par. As these decisions are based on past cas es, predictability of the outcome increased and people are more exposed to what should be expected, however so, with the element of predictability, absurdity on deciding cases may occur. In referring to a decided case, if there appears to be no change and the decision is followed again by a judge, a bad decision will eventually be perpetuated.And considering common law systems have been following precedents as a base, changes takes a long time to happen. In the meantime, a bad decision from a past case continues to be upheld. It became a major criticism of common law systems that it can be hard to locate the relevant principles due to the available volume of material. Common law which was based on the principle of binding precedent meant that judges must follow precedent even if they disagree with it.Judges too were not able to distinguish essentially similar cases although they were on grounds decision made would be inappropriate. Lord Denning too criticised the doctrine to stand b y what has been decided by saying, â€Å"if lawyers hold to their precedents too closely, forgetful of the fundamental principles of truth and justice which they should serve, they may find the whole edifice comes tumbling down about them. Just as the scientist seeks for truth, so the lawyer should seek for justice.Just as the scientist takes his instances and from them builds up his general propositions, so the lawyer should take his precedents and from them build up his general principles. Just as the propositions of the scientist fail to be modified when shown not to fit all instances, or even discarded when shown in error, so the principles of the lawyer should be modified when found to be unsuited to the times or discarded when found to work injustice. , which in other words meant accepting the decisions of old law leads to unfairness and injustice. Furthermore, when precedent appears absent the common law legal system will be bound to face difficulties in making judgements. D ifficulties will arise and flood various parties which include judges and those with intention to claim justice will be at lost with the unavailability of a decided precedent to refer to. This has been said on certain occasion to lead to a high degree of unpredictability based on illogical distinctions.

The Old Guitarist essays

The Old Guitarist essays To most people, a piece of artwork is just paint, colors, lines, and pictures that fill a blank canvas. Sometimes the whole story of the painting is evident, easily understandable through the dramatic poses of its subjects or the flamboyant backgrounds. But some paintings are not as loud as other paintings. It doesnt scream out and grabs peoples attention. The painting The Old Guitarist by Pablo Picasso is an example of a silent painting with a theme that can be interpreted into different ways, depending on the views of the person. When you first see the painting of The Old Guitarist, the dramatic blues will overcome your senses with a feeling of despair. People mostly associate blue with sadness, hence the phrase Why you feel so blue? The elongated fingers and the pitiful expression on the mans face will spark a sense of sadness. He plucks the strings of his guitars, as if playing a last song of hope. You immediately think of him as a poor beggar, with the tattered clothes on his back. Picasso extends our sympathy for this guy by not putting shoes on his feet. We wonder if hes cold in the streets. Then he is slouched down, as if he is tired from a hard day of looking for food or work. But he still has his guitar, the only thing not painted in a shade of blue. It stands out as if it is a symbol of who he is. If a person saw this painting, he can associate that the guitarist is just another starving performer, looking to make ends meet by playing in the streets. Havent we all seen street performers play for money? The guitarist in this picture could be playing an entertaining song for some people passing by. He may have lowered his head to entice the audience to give him more money, a trick of the trade by appealing to their emotions. But why does he seem tired? Im sure if he were a street performer, hed love what he was doing. But there can be a ...

University of Iowa GPA, SAT and ACT Admissions Data

University of Iowa GPA, SAT and ACT Admissions Data University of Iowa GPA, SAT and ACT Graph University of Iowa GPA, SAT Scores and ACT Scores for Admission. Data courtesy of Cappex. How Do You Measure Up at the University of Iowa? Calculate Your Chances of Getting In  with this free tool from Cappex. Discussion of the University of Iowas Admissions Standards: In 2015, over 80% of applicants were accepted to the University of Iowa most students who took high school academics seriously should be able to get in. In the graph above, the blue and green dots represent accepted students. You can see that the majority of successful applicants had high school grades in the A or B range, ACT composite scores of 20 or higher, and combined SAT scores of 1000 or better. The higher those grades and test scores, the better your chances are of receiving an acceptance letter from U of I. Note that there are a few red dots (rejected students) and yellow dots (waitlisted students) mixed in with the green and blue in the middle of the graph. Some students with grades and test scores that were on target for the University of Iowa did not win admission. On the flip side, note that some students were accepted with test scores and grades a little bit below the norm. This is because the University of Iowas admissions process is not entirely numerical. For most students, admission will be based on a a numerical equation that uses your GPA, composite ACT score, high school rank, and number of core courses. However, Iowa does have a holistic admissions process for students who do not qualify numerically, and for students who do not have a class rank. The holistic process takes into consideration a personal statement and letters of recommendation. Finally, note that different colleges at the University of Iowa have different admissions standard. The admission bar for the College of Nursing and Tippie College of Business is higher than that for the College of Liberal Arts Sciences. To learn more about the University of Iowa, high school GPAs, SAT scores and ACT scores, these articles can help: University of Iowa Admissions ProfileWhats a Good SAT Score?Whats a Good ACT Score?Whats Considered a Good Academic Record?What is a Weighted GPA? Articles Featuring the University of Iowa: Top Iowa Colleges and UniversitiesPhi Beta KappaAssociation of American UniversitiesBig 10 Conference If You Like the University of Iowa, You May Also Like These Schools Purdue University:  Profile  |  GPA-SAT-ACT Graph  Drake University:  Profile  |  GPA-SAT-ACT GraphIndiana University:  Profile  |  GPA-SAT-ACT GraphIowa State University:  Profile  |  GPA-SAT-ACT GraphMarquette University:  Profile  |  GPA-SAT-ACT GraphOhio State University:  Profile  |  GPA-SAT-ACT GraphBradley University:  Profile  |  GPA-SAT-ACT GraphUniversity of Chicago:  Profile  |  GPA-SAT-ACT GraphArizona State University:  Profile  |  GPA-SAT-ACT GraphUniversity of Illinois - Chicago:  Profile  |  GPA-SAT-ACT Graph

Effects of Drug Abuse on Society Assignment Example | Topics and Well Written Essays - 500 words

Effects of Drug Abuse on Society - Assignment Example Shockingly, almost 20 % of costs for hospitals in Medicaid and a quarter of funds allocated to Medicare and spent on inpatient care go to substance abuse treatments. Also, looking at our prisons, about 70% of individual inmates have once been regular drug users. The state prison population growth is accounted for by up to more than a third of drug offenders. Worse still is that this same group of individuals has contributed an 80% growth in the population of the prison since 1985. It can be seen that drug abuse is the number one cause for offenses committed by inmates and is also highly costly to the national budget. As Dr. Nora Volkow, director of the National Institute on Drug Abuse puts it, â€Å"Drug abuse and addiction are a major burden to society; economic costs alone are estimated to exceed half a trillion dollars annually in the United States, including health, crime-related costs, and losses in productivity. However, as staggering as these numbers are, they provide a limited perspective of the devastating consequences of this disease.† This picture shows how other aspects of the society can suffer underdevelopment due to drugs. The drugs problem affects every age group in the society including children who stay with their parents who are struggling with their addiction. Over time, studies by scientists on drug abuse were shadowed by myths. Drug addicts have been thought of as morally flawed and not having willpower. This view majorly shaped society’s response toward drug abuse. Instead of treating it as a health problem, it was taken to be a moral failing. As such, punitive criminal justice was the strategy of choice in curbing it. This was at the expense of therapeutic actions that are preventative and having a base in public health understanding regarding addiction and recovery. Recently done research has identified environmental, psychological and biological factors contributing to addiction development and progression.

Diabetes mellitus type II care and management Term Paper

Diabetes mellitus type II care and management - Term Paper Example All these details are given below, reading which, will provide a clearer insight about the disease to the patients thereby increasing their awareness about it and also how to effectively manage this serious ailment. Unlike the people who suffer from type 1 diabetes, who does not at produce insulin, people with type 2 produce insulin but might not make adequate insulin or the body cannot use it well enough to manage blood sugar levels (called as insulin resistance). When the pancreas does not produce the required levels of insulin to manage the glucose, the resultant increase can enter your body cells leading to host of problems. As far as insulin resistance is concerned, insulin will not be able to play its role properly because the body’s cells remain unaffected by it (â€Å"The importance of monitoring blood-glucose levels,† n. d). Diabetes Type 2 and the resultant high blood sugar can cause series of ailments including heart disease, kidney failure, stroke, diabetic retinopathy affecting eyes, poor blood flow to the legs leading to amputations in certain cases, others. This presents a grave scenario for the patients. At the same time, although, there is no permanent cure for th is type 2 diabetes, it can be managed by eating aptly, exercising, and through medications or insulin therapy. Some patients suffering from type 2 diabetes will be able achieve their target glucose levels through apt diet management and effective exercise alone, however, majority of the sufferers will need oral diabetes medications or injection-based insulin therapy. The best suitable medication would differ from patient to patient because it depends on the individuals’ blood sugar level, their response to the initial treatment, other health problems, and so on, with doctors even prescribing a combination of drugs from different classes. In that direction, doctors are prescribing a combination of metformin and glyburide to help body cope up with high

Ethical Concerns and Background for Tobacco Companies Essay

Ethical Concerns and Background for Tobacco Companies - Essay Example The purpose of this paper is to discuss and analyze the unethical actions of the tobacco industry. Cigarettes are one of the most addictive drugs in the world due to the fact that it contains nicotine. People that smoke cigarettes are slowing killing themselves since smoking causes lung cancer, heart diseases, and stroke among other diseases. Cigarette smoking causes the death of approximately 5 million per year and the number of yearly deaths is expected to climb to 8 million by the year 2030 (Cdv, 2012). The ethnic group that smokes the most in the United States is Indian Americans possibly due to the fact that tobacco smoking has been ingrained into their culture. One of the most unethical aspects about cigarette companies is the fact that people that do not smoke are at danger due to second hand smoking. It is estimated that 53,800 innocent people die each year from second hand smoking (No-smoke, 2012). The tobacco companies are willingly producing a product that puts at risk the health of the entire global population. Tobacco companies are generating billions of dollars in revenues, but the industry is not accountable for the damage it causes to society. The governments of all 210 countries around the world are suffering a major financial blow due to the actions of this unethical industry. It is estimated that the tobacco industry is costing society $193 billion a year in lost productivity and health care expenditures. Everyone suffers from this epidemic due to the fact that the medical expenses of ill people that suffer from lung cancer and other diseases caused by smoking are passed on to the payers of medical plans. The United States has one of the highest medical costs in the world. Since tobacco smoking does not discriminate between smokers and non-smokers nobody is safe. Tobacco smoking is extremely dangerous in certain demographic groups such as minors and pregnant women. Usually under age teenagers try cigarette smoking for the first time during hi gh school. Due to the addiction of the drug people that smoke early in life are more susceptible to becoming lifetime smokers. Some of the health problems caused by tobacco smoking among children and teens include coughing spells, frequent headaches, respiratory illnesses, reduced physical fitness, shortness of breath, and addiction to nicotine (Cancer, 2012). Adults that smoke should try to avoid smoking around children. Smoking is extremely dangerous for women that are pregnant. Smoking is harmful to the pregnant women and the unborn baby. Babies that are born from pregnant women that smoke are more likely to have birth defects and premature pregnancies. Pregnant women should also avoid being near smokers during pregnancy due to the fact that second hand smoking can also hurt the unborn child. One of the reasons that that tobacco companies are so powerful is due to the fact that governments place hefty taxes on the sale of cigarettes. In 2006 in the United States the government wa s generating $2 in taxes for every box of 20 cigarettes sold (Axdor, 2006). The government has become dependent on the tax revenues generated by cigarettes. Tobacco companies have also over their history utilized questionable advertising tactics. Their promotions make it seem as if smoking is something cool and safe when in reality it is a heath hazard. The time has come for the world to take a stronger stance

The Concept Of Childrens Day

The Concept Of Childrens Day Universally, Children s Day is celebrated on 20th November, every year. This date was chosen as a day to celebrate childhood. Prior to 1959 Children s Day was universally celebrated in the month of October. This was first celebrated in the year 1954, as decided by the UN General Assembly. Basically this day was instituted with the sole aim of promoting communal exchange and understanding among children, as well as to bring about beneficiary action to promote the welfare of children, all over the globe. The date 20th November, was chosen as it marks the anniversary of the day in 1959, when the Declaration of the Rights of the Child was adopted by the United Nations General Assembly adopted. In 1989 the Convention on the Rights of the Child was signed on the same date, which has been sanctioned by 191 states, ever since. However, while 20th November is universally celebrated as Children s Day, in India this day has been preponed to 14th November, the date the marks the birth anniversary of independent India s first Prime Minister Pandit Jawaharlal Nehru. The reason why his birthday has been chosen for the celebration of children is because of his love and passion for children. Pandit Nehru is also regarded as the country s special child to have been the first Prime Minister, after her long struggle for independence. The day is marked with a lot of activities for children. But the fact remains that only a section of the country s children actually have an opportunity to celebrate their existence. Schools organize events and activities that their students thoroughly enjoy, but there is an entire populace of young ones that are left ignored on this special day the downtrodden street children. Instead of celebrating it with pomposity in schools and clubs and hotels, why not bring a difference into the lives of children who are unprivileged. While celebrating being a child, the fortunate ones should be reminded about their good fortune to have all that they are endowed with, while there are others who can barely feed or clothe themselves. Thus, while this day was globally instituted to provide children with basic Rights, maybe one can make a difference to a child s life by doing something special. Parties and celebrations happen all the time, but how about taking the fortunate children to homes that shelter street children and have them befriend those kids, donating clothes, toys, stationery, books, etc. Another way of celebrating this day differently would be to have your children, whether as teacher or parent, organize a party for some underprivileged children. In fact, if this is done in every neighborhood, imagine how many smiles there will be across the nation. Childhood is about innocence and playfulness. It is about joy and freedom. Maybe on this day you can make your own child sign up to sponsor the education of an unprivileged child, either through an NGO dedicated to educating and providing better living conditions for street children, or maybe you could do so for your employee s child. Celebrating Children s Day is about giving children the right to enjoy and grow into healthy and educated citizens of the country, and if you can teach your child the value of sharing with others what they are lucky to have, then not only your child will grow into a responsible human being, but also another child who otherwise could have ended up being a delinquent, had it not been for your thoughtfulness. As mentioned earlier, Childrens day in India is celebrated on Pandit Nehrujis birthday as a day of fun and frolic, a celebration of childhood, children and Nehrujis love for them. As a tribute to his love for children, Nehrujis birthday is celebrated all over India as CHILDRENS DAY Children are the future citizens of the country. The future of the country depends upon the present children. If the children do not develop in a proper way, the countrys future will be ruined. This was rightly realized by our late Prime Minister Jawaharlal Nehru. So, he advised the people to stop observing his birthday on the 14th November and to observe this day as the childrens Day. Since 1956 the 14th November is every year, observed in India as the Childrens Day. Advantages: On the Childrens day the neglecting people will get an opportunity to think of the future of their children. The whole society will think of its duty and responsibility towards the children. They will think of what have been done for the children in the year past and what should be done for them in the year coming. Because children are the future citizens of the country and the future of the country depends upon the present children. People will know that every individual in our society has a sacred duty towards the children. How this day is observed: Every year on the 14th November the Childrens Day is observed everywhere in our country. People gather in meetings to discuss over the future of the children. They discuss over how to build children as the ideal citizens. They discuss about how to make the child healthy physically, mentally and morally. Because if the students be not properly built, the future of the country will be in ruin. So, they take pledge not to neglect their children. The Childrens Day makes them realize that child is the father of man. On the Childrens Day, the children are given new garments and rich food. They are given picture books. Conclusion: Children are the future of our country. They are the future of our nation. So, every individual should realize the importance of the Childrens Day. Childrens day is celebrated in India on 14th november every year with a great celebrity. It is celebrated on the birthday of Jawaharlal Nehruji who loved and was loved by children. He was called as Chacha ji by children However, while 20th November is universally celebrated as Children s Day, in India this day has been preponed to 14th November, the date the marks the birth anniversary of independent India s first Prime Minister Pandit Jawaharlal Nehru. Childrens Day is an event celebrated on various days in many places around the world. International Childrens Day is celebrated on June 1 and Universal Childrens Day is on November 20.[1]Other countries celebrate a local childrens day on other dates. The reason why his birthday has been chosen for the celebration of children is because of his love and passion for children. Pandit Nehru is also regarded as the country s special child to have been the first Prime Minister, after his long struggle for independence. The day is marked with a lot of activities for children. But the fact remains that only a section of the country s children actually have an opportunity to celebrate their existence. Schools organize events and activities that their students thoroughly enjoy, but there is an entire populace of young ones that are left ignored on this special day the downtrodden street children.As mentioned earlier, Childrens day in India is celebrated on Pandit Nehrujis birthday as a day of fun and frolic, a celebration of childhood, children and Nehrujis love for them. As a tribute to his love for children, Nehrujis birthday is celebrated all over India as CHILDRENS DAY His great love for roses as well as children is a well-known fact. In fact he often compared the two, saying that children were like the buds in a garden. They should be carefully and lovingly nurtured, as they were the future of the nation and the citizens of tomorrow. He felt that children are the real strength of a country and the very foundation of society. Most importantly he did not discriminate between the sexes and believed in giving equal opportunities to girls and boys. In fact his own little girl grew up to be the third Prime Minister of India. Quite naturally, he was the beloved of all the children who gave him the endearing name of Chacha Nehru. As a tribute to this great man and his genuine love for children, his birthday is celebrated all over India as UNIVERSAL CHILDRENS DAY. A day of fun and fanfare. It is not only a national holiday, but is celebrated with singing, dancing and storytelling in schools and colleges as well as on radio and television. Special functions are held to honour children all over the country. The significance of Childrens Day But amidst all this pomp and glory, we should not lose sight of Chacha Nehrus real message. That is providing our children with a safe and loving environment in which to grow as well as giving them ample and equal opportunities through which they can take great strides and contribute to the progress of the nation. This day serves as a reminder to each and every one of us, to renew our commitment to the welfare of children and teach them to live by their Chacha Nehrus standards and example.

An Analysis of The End of Something Essay -- End Something

An Analysis of The End of Something  Ã‚   One area of literature emphasized during the Modernist era was the inner struggle of every man. Novels written before the 20th century, such as Moll Flanders and 20,000 Leagues Under the Sea, dealt with external conflict, a conflict the reader could visualize in an action. Along with other writers of Bohemian Paris, Ernest Hemingway moved away from this process and began using outward actions as symbols for the inner conflict dwelling inside the protagonist. Hemingway's short story The End of Something is an example of how trite dialogue and simple descriptions accentuate the mental strife of the character Nick. The story's plot is not complex: Nick and his girlfriend Marjorie are canoeing down a river they once knew as children. Once on the bank of the river, the two of them partake in the same activities but do them in silence. When Marjorie tries to begin a conversation, Nick is not responsive. Marjorie asks Nick if there is a problem, and Nick says he is not in love anymore. Marjorie then leaves, and the story ends with Nick lying down by himself while his friend Bill (who enters the story several sentences after Marjorie leaves) eats a sandwich while looking onto the river. However basic the story's sequence is, Hemingway's literary innovations are dominant within the text. Through experimentation with tempo, language, and plot structure, Hemingway garners an emotional response out of the reader, leaving him shocked that so much content could be captured in so simple a story. Most authors read at a relatively steady rate throughout their story, with dialogue sections running faster than descriptions. Hemingway breaks this conventional nature in The End of Something. The... ...mes up and asks how things went with Nick. Hemingway quickly describes Bill's entrance, but ends the paragraph with "Bill didn't touch him, either." This one line is Hemingway's entire story; Marjorie felt like there was something between the two of them, while Nick wasn't touched. Hemingway re-emphasizes this in the last line of the story, when Bill takes a sandwich and looks at the fishing rods. While Nick is caught up in the moment and sad about what he did, Bill, representing Nick's life, is not moved. The End of Something is a simple story about two youngsters breaking up. Its four-page length would lead some to believe the story to be light and easily something to glance at instead of thoroughly read. However, Hemingway does a wonderful job of turning the four pages about a common occurance into an event that any reader can feel and will never truly end.

Elearning Business Plan

DECLARATION OF ORIGINALITY OF WORK: I affirm that the attached work is entirely my own, except where the words or ideas of other writers are specifically acknowledged according to accepted citation conventions. This assignment has not been submitted for any other course at Robert Kennedy College or any other institution. I have revised, edited and proofread this paper. Veronika Olenika, 10/08/2012 CERTIFICATION OF AUTHORSHIP I certify that I am the author of this paper and that any assistance I received in its preparation is fully acknowledged and fully disclosed in this paper.I have also cited any sources (footnotes or endnotes) from which I used data, ideas, theories, or words, whether quotes directly or paraphrased. I further acknowledge that this paper has been prepared by me specifically for this course. Veronika Olenika, 10/08/2012 Midterm examination: Entrepreneurship Word count: 3016 (excluding bibliography, table of contents, appendices, exhibits) Page 1 Table of Contents 1 Executive Summary †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 4 1. 1 1. 2 1. 3 1. 4 1. 5 1. 2 Service †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 4 Business Case †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 4 Market Size †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã ¢â‚¬ ¦ 5 Start-up costs †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 6 Pay-off †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Management Team †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 7 Business Plan †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 8 2. 1 2. 2 2. 3 2. 4 2. 5 2. 6 Overview †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 8 Business Model †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 8 Market Analysis †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Financial Statements †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 11 General Strategy (Development Plan) †¦Ã ¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 13 Competitive Advantage †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 15 Appendix 1 – Management Team †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 16 Exhibits†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 8 Bibliography †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 24 Exhibits’ List Table 1 Forecasted Income Statements †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 5 Table 2 Calculated Market Share †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 6 Table 3 Survey Participants' per Age Group †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 10 Table 4 Survey Results †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã ¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 0 Page 2 Table 5 Projected 3 years Income Statement †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 11 Table 6 Projected 3 Years Balance Sheet †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 12 Table 7 Projected 3 years Cash Flow †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 12 Figure 1 Survey Results †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 4 Figure 2 Forecasted break-even chart †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã ¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Figure 3 Start-up Roadmap †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 14 Figure 4 Calculated NPV for the start-up †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 18 Figure 5 Projected Monthly Financial Statement of Accounts for 2012/2013 †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 18 Figure 6 Projected Monthly Financial Statement of Accounts for 2014 †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 19 Figure 7 Projected Monthly Financial Statement of Accounts for 2015 †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. 0 Figure 8 Projected Monthly Income Statement for 2013 à ¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 20 Figure 9 Projected Monthly Income Statement for 2014 †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 21 Figure 10 Projected Monthly Income Statement for 2015 †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 21 Figure 11 Projected Monthly Cash Flow 2012/2013 †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. 22 Figure 12 Projected Monthly Cash Flow 2014 †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ 2 Figure 13 Projected Monthly Cash Flow 2015 †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã ¢â‚¬ ¦Ã¢â‚¬ ¦ 23 Page 3 1 Executive Summary 1. 1 Service ‘e-Individual Language Course’ is a new service for the market in my country. This services will help people who are willing to learn foreign languages (Russian, English, German, French, Italian, Spanish, Norwegian, Finnish and other languages) to accomplish this directly from their offices and/or homes with no need to go to the special course place and to spend time for the way to and from the course venue. 1. 2 Business CaseAnalysis of the market has revealed that the need in foreign languages knowledge is growing constantly. This is required for business expansion to other markets and in order to keep the competitive advantage of already existing businesses. It became obvious to the different people that foreign language knowledge is required to seize the lucrative opportunities. There is a plenty of proposals on the market for foreign language courses, but you have to arrive to a certain place – Languag e course office: 1. to join the group and the time of the course which is not always comfortable 2. o have an individual language course session for the price that is higher than for group training According to the recent research 81% of people are willing to learn the selected language individually and not within the group, however they are constrained with the price of the individual language session. The same research revealed that 90% of the aforementioned people are ready to take an advantage of distance learning in order to save their time and to have the flexibility for other tasks and duties they are obliged to fulfill.Besides that, they are ready to pay slightly higher price that is defined for the group trainings and slightly lower price that is defined for the individual trainings. Figure 1 Survey Results Would you take a disctance learning course? 6% 1% 3% Would you select the individual language course if this would cost 2/3 from the current price? 1% 5% 13% 90% 81% Rat her Yes Yes Rather No No Rather Yes Yes Rather No No Page 4Our proposal: – To provide individual language course sessions at two thirds of the currently existing price on the market (15 EUR vs. 20 EUR excl. VAT) This potentially attracts to us 30% of currently lost market and also 50% of the people who are willing to change their educational sessions from group to individual approach. The forecasted Income statement is presented for your reference below, please refer to the 2. 4 Financial Statements Chapter for details. Table 1 Forecasted Income StatementsIncome Statement for years ended Dec-12 Sales (50% of average sales is expected in the first operational year) Electricity Utilities Internet Rent Advertisment Salaries (teachers) Salaries (managing director/ HR manager) Salary (Assistant) Salary (Accountant) Depreciation (equipment) Profit before Interset Interest (2%) Profit befor Tax Taxes (35%) Profit/Loss after Tax Dec-13 Dec-14 Dec-15 â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â ‚ ¬ â‚ ¬ (10,000. 00) â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ (10,000. 00) â‚ ¬ â‚ ¬ (10,000. 00) â‚ ¬ â‚ ¬ (10,000. 00) â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ 114,660. 00 (330. 00) (330. 0) (240. 00) (6,000. 00) (3,000. 00) (61,600. 00) (5,500. 00) (3,850. 00) (6,600. 00) (4,620. 00) 22,590. 00 (1,242. 00) 21,348. 00 (32,844. 00) (11,496. 00) â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ 176,400. 00 (360. 00) (360. 00) (240. 00) (6,000. 00) (1,200. 00) (67,200. 00) (12,000. 00) (4,200. 00) (7,200. 00) (4,620. 00) 73,020. 00 (1,242. 00) 71,778. 00 (32,844. 00) 38,934. 00 â‚ ¬ 176,400. 00 â‚ ¬ (360. 00) â‚ ¬ (360. 00) â‚ ¬ (240. 00) â‚ ¬ (6,000. 00) â‚ ¬ (1,200. 00) â‚ ¬ (67,200. 00) â‚ ¬ (12,000. 00) â‚ ¬ (4,200. 00) â‚ ¬ (7,200. 00) â‚ ¬ (4,620. 00) â‚ ¬ 73,020. 0 â‚ ¬ (621. 00) â‚ ¬ 72,399. 00 â‚ ¬ (32,844. 00) â‚ ¬ 39,555. 00 1. 3 Market Size The potential for the market is huge for the service proposed, due to the fact that we are not constrained with students and teachers physical presence at one place, these constraints are resolved by means of world wide web internet access and social networking applications like Skypeâ„ ¢ and others. However in order to start with a prototype for our service we are aiming to the audience of around 635000 inhabitants of our country who fall within the 19-60 age group. 0% of this amount has to know at least two languages due to the geographical position of the country and the services/products this country is focusing on, thus our audience is 508000 people. Let’s assume that according to the statistics only 3rd part of them has their own PCs Workstations, Notebooks or iPads, thus our audience now is limited to 152400 people. Page 5 These people will come from different ar eas, but due to the fact that the main service areas for our country are tourism, woods and IT services we do have a good opportunity for the service proposed.With the planned teachers’ capacity we will cover 7% (refer to Calculated Market Share) of the market per year with assumption that every customer will stay with us at least for one year. Thus, we have a very good outlook for our service extension. Table 2 Calculated Market Share teachers working days sessions a day capacity for one year* calculated market size % of the available market 8 230 6 11040 152400 7% 1. 4 Start-up costs Start-up costs for the service are 62’100 EUR to be prepared to start the business on a high quality level.The start-up costs include but are not limited to: – Company legal authorization – Office re-engineering/adaptation costs – Language programs’ adaptation for on-line sessions – Internet connection set-up – Office arrangements (furniture, sta tionery, etc. ) – Advertisement expenses The start-up investment will be covered by National Bank with Interest rate 2% and for 2 years deferred payment for the borrowed amount. 1. 5 Pay-off We are planning to break-even in 2 years and 10 months.The assumptions are as follows: – First operational year: Jan-Jun’13 in average 50% of planned sales are realized – First operational year: Jul-Dec’13 in average 80% of planned sales are realized – Second and subsequent operational years are operated on 100% of the planned sales level. Page 6 Figure 2 Forecasted break-even chart EUR, K 90 60 Potential Reward 30 Break-even 0 t Dec’13 Dec’14 Dec’15 Dec’16 Dec’17 -30 -60 Depth of hole NPV for the project covering 5 years forecast is equal 31’449. 0 EUR (please refer to the Figure 4 Calculated NPV for the start-up). 1. 6 Management Team The Managing Director and HR manager is a Project Management Professional sin ce 2009 (PMIâ„ ¢) with extensive experience in IT company management. She is a second year ‘General MBA’ student at Robert Kennedy College, Switzerland. The Accountant is a professional accountant, with an extensive experience in accounting for more than 10 years, operating within the companies up to 250 employees.The Team Lead of the teachers’ group – English language teacher, graduate of the State University with extensive experience of educational programs development and courses conduction. (Please refer to the Appendix 1 – Management Team for detailed team members’ information) Page 7 2 Business Plan 2. 1 Overview Our ‘e-Individual Language Course’ service will tackle at least two issues: 1. Provides an opportunity to learn the foreign language individually at a lower price (2/3 from the current market price) 2.Provides flexibility in learning sessions due to individual approach to each and every customer we have. At the moment we are planning to have nine [9] languages in our service, these are: – English – German – French – Latvian – Russian – Italian – Spanish – Norwegian – Finnish The languages listed above are of a great interest for our inhabitants due to the reason that the main business focus of the country is Tourism. Another driver to learn the Scandinavian languages is an opportunity to find jobs in neighbor countries and to raise the level of living.One individual language session shall last for 60 minutes, i. e. one astronomic hour. The desired time of the session is agreed in advance with the teacher. The session itself is run via Skypeâ„ ¢ hence all the required files could be shared either thru the communication tool or via e-mail in advance. The communication tool, that we are planning to use is designed for video transmission, thus the teacher and the student will see and hear each other like they are in one room. 2. 2 Business ModelThe value proposition of the ‘e-Individual Language Course’ service is to provide our customers the high quality language course at lower prices than currently exists and schedule the sessions independently from student physical presence capabilities. Every language teacher has his/her own schedule, which has to be filled with six ‘one hour’ sessions in a timeframe from 8:00 until 22:00. Having such flexibility in a time table let both the student and the teacher to find the most appropriate time slot for the studies.Moreover, the studies’ sessions must not be scheduled always to one and the same timeslot, but could vary depending on the student availability. Another important thing is that student may select a number of sessions per week/month, so his/her studies will proceed in the most efficient way. Our teachers will provide a recommendation on the frequency of the language sessions/ lessons, however the final decision will alway s stay with the student. Page 8 An office space is a savings item for our start-up.We do not need to rent a big office and setup separate rooms for the individual or group language sessions, like our competitors do, due to the fact that teacher’s and student’s physical presence is required while the session. We will limit our office space to three rooms and our teachers will be placed in a so called ‘boxes’ in order they will be able to conduct the language sessions efficiently with their students and would not disturb their colleagues, working at the same time. In addition, for early mornings’ and late evenings’ sessions it is allowed to conduct these from teachers’ homes.The aforementioned saving is quantifiable. We will require 55 m 2 of the office space for all our employees, however if the physical presence would be required for students and their teachers, we would need at least seven 10 m2 spaces, meaning 90 m2 together with MD/ HR and Accountant rooms. The price for the chosen office space is 10 EUR per square meter per month, when we are talking about the distance learning model. When the physical presence is required we are talking about the language office preferably in the city centre with much higher prices – 30 EUR per square meter per month.Thus there is an overt saving of 2150 EUR a month, 25’800 EUR a year. We do not consider our growth at the current moment. However, we do see the potential in extension of the languages’ set and the geographical extension, covering neighbor countries, due to the fact that we have a good knowledge of their language, because of our joint history during a long period of time (from 1917 till 1990). 2. 3 Market Analysis The respective market analysis has been performed. Our analysis has revealed a good potential for our opportunity of ‘e-Learning individual Course’ service.There are no language course companies with the similar propos als on the market at the moment, thus we are in a good position with our start-up from the market niche point of view. Our country population we are interested in is limited to 635000 inhabitants form the 19-60 years age group. 80% of this amount has to know at least two languages due to geographical position of the country and the services/products this country is focusing on, thus our audience is 508000 people.Let’s assume that according to the statistics only every 3rd has their own PCs Workstations, Notebooks or iPads, with respective internet connection and video facilities, thus our audience now is limited to 152400 people. These people arise from different areas, but due to the fact that the main service areas for our country are tourism, woods and IT services we do have a good opportunity for the service proposed. In order to confirm our assumption, the small survey has been held. The following questions were addressed: 1. Are you planning to take a language course wi thin next year? 2.Do you need this for your professional growth/ opportunities? Page 9 3. Would you select the individual language course if this would cost 2/3 from the current price? 1 4. Would you take a distance learning language course? 2 5. If Yes, for Nr. 4: Would this save significantly your time due to unnecessary travel? 3 6. If Yes, for Nr. 4: Would this save significantly your time due to flexible individual schedule? 4 The number of people participating in the Survey was 650 from different age groups (19-60 years). Here is the breakdown of the participants per age-group: Table 3 Survey Participants' per Age GroupAge group Number per age group % per age group 19-25 225 35% 26-40 325 50% 40-60 100 15% You may look into the survey results below: Table 4 Survey Results Nr. Questions / Answers Rather Yes Yes Are you planning to take a language course 1 within the next year? 200 Do you need this for your proffesional growth / 2 opportunities? * 150 Would you select the indivi dual language course if this would cost 2/3 from the current 3 price? * 80 Would you take a distance learning language 4 course? * 20 If Yes, for Nr. 4: Would this save significantly 5 your time due to unnecessary travel? * If Yes, for Nr. 4: Would this save significantly your time due to flexible individual 6 schedule? ** Rather No No 350 420 80 40 20 20 Rather Yes (%) 31% 24% Yes (%) 54% 67% Rather No (%) 12% 6% No (%) 3% 3% 510 570 10 35 30 5 13% 3% 81% 90% 2% 6% 5% 1% 300 236 44 10 51% 40% 7% 2% 120 400 50 20 20% 68% 8% 3% As you may see 85% of the survey participants are planning to take a language course within one year and 94% from them are ready to pay 2/3 of the price that currently is set for the individual lessons on the market.Moreover, our assumption that flexible schedule and time savings due to travel is also important to the respondents has been confirmed – 91% and 88% accordingly. The survey results above are very optimistic for our start-up, however in order to attract these people to our service we need to launch the respective advertisement campaign. Our focus for the advertisement campaign is as follows: 1 2 3 4 100% constitute the answers: ‘Rather Yes', ‘Yes', ‘Rather No' 100% constitute the answers: ‘Rather Yes', ‘Yes', ‘Rather No' 100% constitute the answers: ‘Rather Yes', ‘Yes' 100% constitute the answers: ‘Rather Yes', ‘Yes' Page 10Adds within the public transportation, covering 35% of our potential customers (1625 age group) – Adds on radio/TV/Internet (social networks, e-mails), covering the 50% of our potential customers’ (26-40 years) – Post notes, cards, etc. delivered to the mail boxes, covering the rest 15% of our potential customers’ (40-60 years) We are planning to continue the advertisement of our service further in 2013 – 2015 depending on the outcome of the first advertisement phase, selecting one or two most effective adv ertisement channels. – 2. Financial Statements The following projected financial statements have been developed for the ‘e-Individual Language Course’ service, covering 3 years projection of business operations: Projected Financial Statements of Accounts (please refer to Figures 4 to 6 in Exhibits section, page 18 for monthly breakdown) Projected Income Statements (please refer to Figures 7 to 9 in Exhibits section, page 20 for monthly breakdown) Projected Cash flows (please refer to Figures 10 to 11 in Exhibits section, page 22 for monthly breakdown. – –The yearly summary for all the financial statements mentioned above could be found here: Table 5 Projected 3 years Income Statement Sales Electricity Utilities Internet Rent Advertisment Salaries (teachers) Salaries (managing director/ HR manager) Salary (Assistant) Salary (Accountant) Depreciation (equipment) Profit before Interset Interest (2%) Profit befor Tax Taxes (35%) Profit/Loss after Tax â ‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ Dec-12 (10,000. 00) (10,000. 00) (10,000. 00) (10,000. 00) â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ Dec-13 114,660. 00 (330. 0) (330. 00) (240. 00) (6,000. 00) (3,000. 00) (61,600. 00) (5,500. 00) (3,850. 00) (6,600. 00) (4,620. 00) 22,590. 00 (1,242. 00) 21,348. 00 (32,844. 00) (11,496. 00) â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ Dec-14 176,400. 00 (360. 00) (360. 00) (240. 00) (6,000. 00) (1,200. 00) (67,200. 00) (12,000. 00) (4,200. 00) (7,200. 00) (4,620. 00) 73,020. 00 (1,242. 00) 71,778. 00 (32,844. 00) 38,934. 00 â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ Dec-15 176,400. 00 (360. 00) (360. 00) (24 0. 00) (6,000. 00) (1,200. 00) (67,200. 00) (12,000. 00) (4,200. 00) (7,200. 00) (4,620. 0) 73,020. 00 (621. 00) 72,399. 00 (32,844. 00) 39,555. 00 Page 11 Table 6 Projected 3 Years Balance Sheet Balance sheet as at 31-Dec-12 ASSETS Non-current assests Computers, Cofee-machine, etc Accumulated Depreciation (straight-even, 5 years) Language Programs Current assets Trade receivables Cash at bank and in hand Total Assets EQUITY AND LIABILITIES Equity Retained Earnings (Profit/Loss) Non-current liabilities Current Liabilities Borrowings (all bank overdraft) Trade payables Total Equity and liabilities Table 7 Projected 3 years Cash Flow 1-Dec-13 31-Dec-14 31-Dec-15 â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ 23,100. 00 â‚ ¬ 6,300. 00 29,400. 00 21,800. 00 51,200. 00 (10,000. 00) â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ 23,100. 00 â‚ ¬ (4,620. 00) 6,300. 00 24,780. 00 14,924. 00 â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ 23,100. 00 â‚ ¬ (9,240. 00) 6,300. 00 20,160. 00 33,478. 00 â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ 23,100. 00 (13,860. 00) 6,300. 00 15,540. 00 41,453. 00 56,993. 00 â‚ ¬ 39,704. 00 â‚ ¬ â‚ ¬ â‚ ¬ (21,496. 00) 61,200. 00 – 53,638. 00 â‚ ¬ 17,438. 00 â‚ ¬ 36,200. 00 â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ 56,993. 00 56,993. 00 â‚ ¬ â‚ ¬ 61,200. 00 â‚ ¬ â‚ ¬ 51,200. 00 â‚ ¬ 39,704. 00 â‚ ¬ 3,638. 00 â‚ ¬ Cash flows statement for the year ended Operating profit Depreciation costs Interest payable Cash generated from operations Interest paid Taxation paid Net cash from operation activities Cash flows from investing activities Intangible assets (additions) Net cash used in investing activities Cash flows from financing activities Re-payment of Loan notes Net cash outflow from financing activities Net decrease in cash and cash equivalents Reconciliati on 31-Dec-12 31-Dec-13 31-Dec-14 31-Dec-15 â‚ ¬ (10,000. 0) â‚ ¬ 21,348. 00 â‚ ¬ 71,778. 00 â‚ ¬ 72,399. 00 â‚ ¬ â‚ ¬ 4,620. 00 â‚ ¬ 4,620. 00 â‚ ¬ 4,620. 00 â‚ ¬ â‚ ¬ 1,242. 00 â‚ ¬ 1,242. 00 â‚ ¬ 621. 00 â‚ ¬ (10,000. 00) â‚ ¬ 27,210. 00 â‚ ¬ 77,640. 00 â‚ ¬ 77,640. 00 â‚ ¬ â‚ ¬ (1,242. 00) â‚ ¬ (1,242. 00) â‚ ¬ (621. 00) â‚ ¬ â‚ ¬ (32,844. 00) â‚ ¬ (32,844. 00) â‚ ¬ (32,844. 00) â‚ ¬ (10,000. 00) â‚ ¬ (6,876. 00) â‚ ¬ 43,554. 00 â‚ ¬ 44,175. 00 â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ (10,000. 00) â‚ ¬ (6,876. 00) â‚ ¬ 43,554. 00 â‚ ¬ 44,175. 00 â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ (25,000. 00) â‚ ¬ (36,200. 00) â‚ ¬ â‚ ¬ â‚ ¬ (25,000. 00) â‚ ¬ (36,200. 00) â‚ ¬ (10,000. 00) â‚ ¬ (6,876. 00) â‚ ¬ 18,554. 00 â‚ ¬ 7,975. 0 â‚ ¬ (6,876. 00) â‚ ¬ 18,554. 00 â‚ ¬ 7,975. 00 Page 12 All the above financial stat ements have been calculated based on the following assumptions: The number of personal (11 people) requires at least 5 m2 of the working space according to our country’s labor law, thus the rent was calculated for 55 m 2 office space. Notebooks with headsets and respective software will be required for 10 out of 11 employees, due to the fact that the Managing Director/HR Manager will use her personal notebook during the start-up activities.The language programs’ adaptation costs will be spent and paid out during the preparation phase to the respective teachers in December’2012 The advertisement campaign will be launched in December 2012 to attract as many potential students as possible in order to fulfill our assumption for the teachers’ load for the first half of the operational year 2013 (50% respectively). – – – Considering all of the above our goal is to reach a break-even point in 2 years 10 months and to cover fully the initial investment that was assigned by the National Bank to the company within the same period of time.The Return on Invested Capital5 (http://www. accountingscholar. com/roic. html, accessed on 8-Aug-2012) for years 2014 and 2015 is 64% and 65% accordingly, what is really an impressive number for the service provider company. 2. 5 General Strategy (Development Plan) It is essential to define the major milestones for our start-up. At this major milestones we will cross check our actual Financial Statements with the forecasted ones in order to understand whether we are moving forward as planned or some adjustments are required. 5 ROCI=After Tax Net Income / Capital Invested Page 13Figure 3 Start-up Roadmap 1 Business Plan is Ready 2 The funding is received 3 †¢ Office is available †¢ Language Programs are adapted †¢ Advertisements are designed and launched 4 †¢50% teachers’ capacity workload is reached †¢2013 H1 actuals are as forecasted 5 †¢80% teachers ’ capacity workload is reached †¢2013 H2 actuals are as forecasted 6 2014 and beyond: actuals are as forecasted Milestone 1 – BP is ready: No doubts the current business plan is a prototype for one more detailed, however it gives the main idea of the opportunity, start-up and its potential development.Milestone 2 – The funding for the start-up is available. This is one of the milestones when the start-up really has a chance to grow into a business. The management team of the start-up has to use the available funds according their initial plan to reach their objectives. Of course, some adjustments could be required while moving to further milestones, but this one is a confirmation of the sustainability of your business by the investors/bank. Milestone 3 – Here we have to have a re-constructed office space according to the size we are planning to have, with all the facilities in place and working.The facilities in our case are of utmost importance, due to the fact that our ‘e-Learning Language Course’ requires very good internet connection (100 Mbs) and video transmission. The furniture and ‘office-boxes’ for our teachers have to be ready as well. In parallel, to reach Milestone 3 we have to adapt the standard ‘face-to-face’ language programs to the distant-learning programs. The last but not the least the advertisement has to be ready for launch via 3 advertisement channels mentioned in 2. 3 Market Analysis Chapter. Milestone 4 – Now we are in our first operational year.The responsibility of the managing director with the start-up accountant is to monitor closely the sales, expenses, teachers’ workload and respective financial statements. This is one of the major milestones in a way that if the expected sales are not as high as we have planned or the forecasted expenses Page 14 are higher and increase our operational losses we will have to make a weighted decision whether we h ave to stay on the market or close the start-up or to change our business model. Milestone 5 – Is another important milestone that is planned to be reached by the end of the first operational year of the start-up.The same rules as for Milestone 4 are applied here. Milestone 6 – Another check point for the start-up operations. We may consider our services extension and geographical expansion at this milestone in case we are proceeding according to the forecasted financial statements. As you may see from the top, our strategy is pretty simple and straightforward. We do see the opportunity for the ‘e-Learning Language Course’ service – the most difficult thing would be really to accomplish all the planned milestones one by one making the right decisions at every milestone. â€Å"Milestone reviews are pointless unless managers use them for making decisions.The decisions help planners determine what they can do to ensure success or reduce the cost of fa ilure. † (Block and MacMillan, Milestones for Successful Venture Planning, 1998, Harvard Business Review, p. 132) 2. 6 Competitive Advantage At the moment there are no companies on the market, rendering the similar services, thus we are in a very good competitive position at the moment. However, due to the fact that this service could not be patented, we do expect that other companies from the educational branch will start to propose the same service to their customers.Hence our competitive advantage is the time and the quality – we are first on the market and we have the best teachers in our industry. Page 15 Appendix 1 – Management Team Managing Director / HR Manager Summary Major achievements during the last 5 years of my carrier in several words could be expressed as management, analysis and continuous improvement of the competence areas like Company Business Administration, Portfolio/Project Management, Company Operations and Financial Management. I possess management, business administration, leadership, analysis and communication skills developed up to high levels.Since 2006 I’ve contributed into successful project/program management practices, by means of introduction of a comprehensive estimation, planning and monitoring framework for company projects. It is worth mentioning that since 2007 more than 10 projects (up to 2m ? ) with multiple releases have been delivered to our customers successfully under my supervision and mentoring. Project Management Framework setup is another achievement I was able to accomplish. It is very important not only to detect the problems, it is much more important to make people understand that they have problems and o organize them in efficient way to resolve these. My personal Project Management experience as far as Project Management Professional [PMP] certification and participation in conferences and workshops enabled to accomplish this non trivial task. The last but not the least, Iâ€℠¢ve put in order our Contract Management and Financial Management systems what resulted in tangible financial savings for the company and my current studies on General MBA program of University of Wales at Robert Kennedy College, Switzerland supported me in these endeavors.Education General MBA UoW – 2nd year in progress Master of Computer Science, Master degree in Telecommunications (Programming Languages, Math, Diploma on Characters Recognition) Bachelor of Radio electronics (Aviation, Electrical Circuits, Economics, Diploma on Transmission-Line Antennas) Social Skills Strong leadership and communication skills, experience being a mediator between management, customer representatives Page 16Team Lead of Teachers’ Group Summary An articulate qualified English teacher who is able to effectively communicate with students from diverse backgrounds or varying degrees of ability. A committed and dedicated professional with a proven ability to teach, motivate and direct stud ents to maximum performance by encouraging a positive and energetic environment. Teaching English Language & Literature from KS3, KS4 and Entry level. Helping pupils to define and identify different types of verbs. Tailoring English teaching methods to suit the needs of individual students.Planning, preparing and delivering lessons to a range of English classes. Conducting up to 6 classes in one day. Marking work and giving appropriate feedback to pupils. Devising and writing new curriculum materials. Preparing pupils for external examinations, such as GCSE and A-level. Leading a group of different language teachers. Country State University, PhD in Modern Languages Master degree in English language and Literature Strong leadership and communication skills Able to use computer-assisted educational resources.Researching new topic areas and maintaining up-to-date subject knowledge. Able to teach vulnerable and sometimes challenging students. A committed and organized professional. Edu cation Social Skills Page 17 Exhibits Figure 4 Calculated NPV for the start-up Dec'12 Year 2013 Year 2014 Year 2015 â‚ ¬ (61,200. 00) â‚ ¬ â‚ ¬ (11,496. 00) â‚ ¬ 38,934. 00 â‚ ¬ â‚ ¬ (72,696. 00) â‚ ¬ (33,762. 00) â‚ ¬ Year 2016 39,555. 00 â‚ ¬ 5,793. 00 â‚ ¬ Year 2017 40,176. 00 â‚ ¬ 86,145. 00 â‚ ¬ 86,145. 00 31,449. 00 Start-up investment Profit/Loss after taxes NPV 40,176. 00 â‚ ¬ 45,969. 00 â‚ ¬Figure 5 Projected Monthly Financial Statement of Accounts for 2012/2013 Statements of Financial position Dec'12 EUR ASSETS Non-current assests Computers, Cofee-machine, etc Accumulated Depreciation (straight-even, 5 years) Language Programs Current assets Trade receivables Cash at bank and in hand Total Assets EQUITY AND LIABILITIES Equity Profit/Loss Non-current liabilities Current Liabilities Borrowings (all bank overdraft) Trade payables Total Equity and liabilities 23,100. 00 23,100. 00 (385. 00) 6,300. 00 29,015. 00 28,526. 50 28,526. 50 57 ,541. 0 23,100. 00 (770. 00) 6,300. 00 28,630. 00 28,143. 00 28,143. 00 56,773. 00 23,100. 00 (1,155. 00) 6,300. 00 28,245. 00 19,248. 50 19,248. 50 47,493. 50 23,100. 00 (1,540. 00) 6,300. 00 27,860. 00 18,565. 00 18,565. 00 46,425. 00 23,100. 00 (1,925. 00) 6,300. 00 27,475. 00 17,881. 50 17,881. 50 45,356. 50 23,100. 00 (2,310. 00) 6,300. 00 27,090. 00 8,987. 00 8,987. 00 36,077. 00 23,100. 00 (2,695. 00) 6,300. 00 26,705. 00 12,713. 50 12,713. 50 39,418. 50 23,100. 00 (3,080. 00) 6,300. 00 26,320. 00 16,440. 00 16,440. 00 42,760. 00 23,100. 00 (3,465. 0) 6,300. 00 25,935. 00 11,955. 50 11,955. 50 37,890. 50 23,100. 00 (3,850. 00) 6,300. 00 25,550. 00 15,682. 00 15,682. 00 41,232. 00 23,100. 00 (4,235. 00) 6,300. 00 25,165. 00 19,408. 50 19,408. 50 44,573. 50 23,100. 00 (4,620. 00) 6,300. 00 24,780. 00 14,924. 00 14,924. 00 39,704. 00 Jan'13 Feb'13 ? m Mar'13 Apr'13 May'13 Jun'13 Jul'13 Aug'13 Sep'13 Oct'13 Nov'13 Dec'13 6,300. 00 29,400. 00 21,800. 00 21,800. 00 51,200. 00 61200 (10,000. 00) (10,000. 00) 61200 61,200. 00 61,200. 00 51,200. 00 (3,658. 50) (3,658. 50) 61,200. 00 61,200. 00 57,541. 50 (4,427. 0) (4,427. 00) (13,706. 50) (13,706. 50) (14,775. 00) (14,775. 00) (15,843. 50) (15,843. 50) (25,123. 00) (25,123. 00) (21,781. 50) (21,781. 50) (18,440. 00) (18,440. 00) (23,309. 50) (23,309. 50) (19,968. 00) (19,968. 00) (16,626. 50) (16,626. 50) (21,496. 00) (21,496. 00) 61,200. 00 61,200. 00 56,773. 00 61,200. 00 61,200. 00 47,493. 50 61,200. 00 61,200. 00 46,425. 00 61,200. 00 61,200. 00 45,356. 50 61,200. 00 61,200. 00 36,077. 00 61,200. 00 61,200. 00 39,418. 50 61,200. 00 61,200. 00 42,760. 00 61,200. 00 61,200. 00 37,890. 50 61,200. 00 61,200. 0 41,232. 00 61,200. 00 61,200. 00 44,573. 50 61,200. 00 61,200. 00 39,704. 00 Page 18 Figure 6 Projected Monthly Financial Statement of Accounts for 2014 Statements of Financial position Jan'14 EUR ASSETS Non-current assests Computers, Cofee-machine, etc Accumulated Depreciation (straight-even, 5 years) La nguage Programs Current assets Trade receivables Cash at bank and in hand Total Assets EQUITY AND LIABILITIES Equity Profit/Loss Non-current liabilities Current Liabilities Borrowings (all bank overdraft) Trade payables Total Equity and liabilities 23,100. 0 (5,005. 00) 6,300. 00 24,395. 00 21,290. 50 21,290. 50 45,685. 50 23,100. 00 (5,390. 00) 6,300. 00 24,010. 00 27,657. 00 27,657. 00 51,667. 00 23,100. 00 (5,775. 00) 6,300. 00 23,625. 00 25,812. 50 25,812. 50 49,437. 50 23,100. 00 (6,160. 00) 6,300. 00 23,240. 00 32,179. 00 32,179. 00 55,419. 00 23,100. 00 (6,545. 00) 6,300. 00 22,855. 00 38,545. 50 38,545. 50 61,400. 50 23,100. 00 (6,930. 00) 6,300. 00 22,470. 00 36,701. 00 36,701. 00 59,171. 00 23,100. 00 (7,315. 00) 6,300. 00 22,085. 00 43,067. 50 43,067. 50 65,152. 50 23,100. 00 (7,700. 0) 6,300. 00 21,700. 00 49,434. 00 49,434. 00 71,134. 00 23,100. 00 (8,085. 00) 6,300. 00 21,315. 00 47,589. 50 47,589. 50 68,904. 50 23,100. 00 (8,470. 00) 6,300. 00 20,930. 00 53,956. 00 53 ,956. 00 74,886. 00 23,100. 00 (8,855. 00) 6,300. 00 20,545. 00 60,322. 50 60,322. 50 80,867. 50 23,100. 00 (9,240. 00) 6,300. 00 20,160. 00 33,478. 00 33,478. 00 53,638. 00 Feb'14 Mar'14 Apr'14 May'14 Jun'14 Jul'14 Aug'14 Sep'14 Oct'14 Nov'14 Dec'14 (15,514. 50) (15,514. 50) 61,200. 00 61,200. 00 45,685. 50 (9,533. 00) (9,533. 00) 61,200. 00 61,200. 00 51,667. 0 (11,762. 50) (11,762. 50) (5,781. 00) (5,781. 00) 200. 50 200. 50 (2,029. 00) (2,029. 00) 3,952. 50 3,952. 50 9,934. 00 9,934. 00 7,704. 50 7,704. 50 13,686. 00 13,686. 00 19,667. 50 19,667. 50 17,438. 00 17,438. 00 61,200. 00 61,200. 00 49,437. 50 61,200. 00 61,200. 00 55,419. 00 61,200. 00 61,200. 00 61,400. 50 61,200. 00 61,200. 00 59,171. 00 61,200. 00 61,200. 00 65,152. 50 61,200. 00 61,200. 00 71,134. 00 61,200. 00 61,200. 00 68,904. 50 61,200. 00 61,200. 00 74,886. 00 61,200. 00 61,200. 00 80,867. 50 36,200. 00 36,200. 00 53,638. 00 Page 19Figure 7 Projected Monthly Financial Statement of Accounts for 2015 Statements of Financial position Jan'15 EUR ASSETS Non-current assests Computers, Cofee-machine, etc Accumulated Depreciation (straight-even, 5 years) Language Programs Current assets Trade receivables Cash at bank and in hand Total Assets EQUITY AND LIABILITIES Equity Profit/Loss Non-current liabilities Current Liabilities Borrowings (all bank overdraft) Trade payables Total Equity and liabilities 23,100. 00 (9,625. 00) 6,300. 00 19,775. 00 39,844. 50 39,844. 50 59,619. 50 23,100. 00 (10,010. 00) 6,300. 00 19,390. 00 46,211. 00 46,211. 00 65,601. 00 23,100. 0 (10,395. 00) 6,300. 00 19,005. 00 44,366. 50 44,366. 50 63,371. 50 23,100. 00 (10,780. 00) 6,300. 00 18,620. 00 50,733. 00 50,733. 00 69,353. 00 23,100. 00 (11,165. 00) 6,300. 00 18,235. 00 57,099. 50 57,099. 50 75,334. 50 23,100. 00 (11,550. 00) 6,300. 00 17,850. 00 55,255. 00 55,255. 00 73,105. 00 23,100. 00 (11,935. 00) 6,300. 00 17,465. 00 25,525. 00 25,525. 00 42,990. 00 23,100. 00 (12,320. 00) 6,300. 00 17,080. 00 31,995. 00 31,99 5. 00 49,075. 00 23,100. 00 (12,705. 00) 6,300. 00 16,695. 00 30,254. 00 30,254. 00 46,949. 00 23,100. 00 (13,090. 00) 6,300. 00 16,310. 00 36,724. 00 36,724. 00 53,034. 00 23,100. 00 (13,475. 0) 6,300. 00 15,925. 00 43,194. 00 43,194. 00 59,119. 00 23,100. 00 (13,860. 00) 6,300. 00 15,540. 00 41,453. 00 41,453. 00 56,993. 00 Feb'15 Mar'15 Apr'15 May'15 Jun'15 Jul'15 Aug'15 Sep'15 Oct'15 Nov'15 Dec'15 23,419. 50 23,419. 50 36,200. 00 36,200. 00 59,619. 50 29,401. 00 29,401. 00 36,200. 00 36,200. 00 65,601. 00 27,171. 50 27,171. 50 33,153. 00 33,153. 00 39,134. 50 39,134. 50 36,905. 00 36,905. 00 42,990. 00 42,990. 00 49,075. 00 49,075. 00 46,949. 00 46,949. 00 53,034. 00 53,034. 00 59,119. 00 59,119. 00 56,993. 00 56,993. 00 36,200. 00 36,200. 00 63,371. 50 36,200. 00 36,200. 00 69,353. 00 36,200. 00 36,200. 0 75,334. 50 36,200. 00 36,200. 00 73,105. 00 42,990. 00 49,075. 00 46,949. 00 53,034. 00 59,119. 00 56,993. 00 Figure 8 Projected Monthly Income Statement for 2013 First operat ional year (2013) Sales Electricity Utilities Internet Rent Advertisment Salaries (teachers) Salaries (managing director/ HR manager) Salary (Assistant) Salary (Accountant) Depreciation (equipment) Profit before Interset Interest (2%) Profit befor Tax Taxes (35%) Profit/Loss after Tax Jan'13 â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ 7,350. 00 (20. 00) (500. 00) (385. 00) 6,445. 00 (103. 50) 6,341. 50 6,341. 50 Feb'13 â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ 7,350. 0 (30. 00) (30. 00) (20. 00) (500. 00) (5,600. 00) (500. 00) (350. 00) (600. 00) (385. 00) (665. 00) (103. 50) (768. 50) (768. 50) Mar'13 â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ 7,350. 00 (30. 00) (30. 00) (20. 00) (500. 00) (300. 00) (5,600. 00) (500. 00) (350. 00) (600. 00) (385. 00) (965. 00) (103. 50) (1,068. 50) (8,211. 00) (9,279. 50) Apr'13 â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ 7,350. 00 (30. 00) (30. 00) (20. 00) (500. 00) (300. 00) (5,600. 00) (500. 00) (350. 00) (600. 00) (385. 00) (965. 00) (103. 50) (1,068. 50) (1,068. 50) May'13 â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ 7,350. 00 (30. 00) (30. 00) (20. 00) (500. 00) (300. 0) (5,600. 00) (500. 00) (350. 00) (600. 00) (385. 00) (965. 00) (103. 50) (1,068. 50) (1,068. 50) Jun'13 â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ 7,350. 00 (30. 00) (30. 00) (20. 00) (500. 00) (300. 00) (5,600. 00) (500. 00) (350. 00) (600. 00) (385. 00) (965. 00) (103. 50) (1,068. 50) (8,211. 00) (9,279. 50) Jul'13 â‚ ¬ 11,760. 00 â‚ ¬ (30. 00) â⠀š ¬ (30. 00) â‚ ¬ (20. 00) â‚ ¬ (500. 00) â‚ ¬ (300. 00) â‚ ¬ (5,600. 00) â‚ ¬ (500. 00) â‚ ¬ (350. 00) â‚ ¬ (600. 00) â‚ ¬ (385. 00) â‚ ¬ 3,445. 00 â‚ ¬ (103. 50) â‚ ¬ 3,341. 50 â‚ ¬ â‚ ¬ 3,341. 50 Aug'13 â‚ ¬ 11,760. 00 â‚ ¬ (30. 00) â‚ ¬ (30. 00) â‚ ¬ (20. 00) â‚ ¬ (500. 00) â‚ ¬ (300. 00) â‚ ¬ (5,600. 00) â‚ ¬ (500. 00) â‚ ¬ (350. 00) â‚ ¬ (600. 00) â‚ ¬ (385. 0) â‚ ¬ 3,445. 00 â‚ ¬ (103. 50) â‚ ¬ 3,341. 50 â‚ ¬ â‚ ¬ 3,341. 50 Sep'13 â‚ ¬ 11,760. 00 â‚ ¬ (30. 00) â‚ ¬ (30. 00) â‚ ¬ (20. 00) â‚ ¬ (500. 00) â‚ ¬ (300. 00) â‚ ¬ (5,600. 00) â‚ ¬ (500. 00) â‚ ¬ (350. 00) â‚ ¬ (600. 00) â‚ ¬ (385. 00) â‚ ¬ 3,445. 00 â‚ ¬ (103. 50) â‚ ¬ 3,341. 50 â‚ ¬ (8,211. 00) â‚ ¬ (4,869. 50) Oct'13 â‚ ¬ 11,760. 00 â‚ ¬ (30. 00) â‚ ¬ (30. 00) â‚ ¬ (20. 00) â‚ ¬ (500. 00) â‚ ¬ (300. 00) â‚ ¬ (5,600. 00) â‚ ¬ (500. 00) â‚ ¬ (350. 00) â‚ ¬ (600. 00) â‚ ¬ (385. 00) â‚ ¬ 3,445. 00 â‚ ¬ (103. 50) â‚ ¬ 3,341. 50 â‚ ¬ â‚ ¬ 3,341. 50 Nov'13 â‚ ¬ 11,760. 00 â‚ ¬ (30. 00) â‚ ¬ (30. 00) â‚ ¬ (20. 00) â‚ ¬ (500. 00) â‚ ¬ (300. 00) â‚ ¬ (5,600. 00) â‚ ¬ (500. 00) â‚ ¬ (350. 00) â‚ ¬ (600. 00) â‚ ¬ (385. 00) â‚ ¬ 3,445. 00 â‚ ¬ (103. 50) â‚ ¬ 3,341. 0 â‚ ¬ â‚ ¬ 3,341. 50 Dec'13 â‚ ¬ 11,760. 00 â‚ ¬ (30. 00) â‚ ¬ (30. 00) â‚ ¬ (20. 00) â‚ ¬ (500. 00) â‚ ¬ (300. 00) â‚ ¬ (5,600. 00) â‚ ¬ (500. 00) â‚ ¬ (350. 00) â‚ ¬ (600. 00) â‚ ¬ (385. 00) â‚ ¬ 3,445. 00 â‚ ¬ (103. 50) â‚ ¬ 3,341. 50 â‚ ¬ (8,211. 00) â‚ ¬ (4,869. 50) Page 20 Figure 9 Projected Monthly Income Statement for 2014 Second operational year (2014) Sales Electricity Utilities Internet Rent Advertisment Salaries (teachers) Salaries (managing director/ HR manager) Salary (Assistant) Salary (Accountant) Depreciation (equipment) Profit before Interset Interest (2%) Profit before Tax Taxes (35%) Profit/Loss after Tax Jan'14 â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ 14,700. 0 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) (1,000. 00) (350. 00) (600. 00) (385. 00) 6,085. 00 (103. 50) 5,981. 50 5,981. 50 Feb'14 â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ 14,700. 00 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) (1,000. 00) (350. 00) (600. 00) (385. 00) 6,085. 00 (103. 50) 5,981. 50 5,981. 50 Mar'14 â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ 14,700. 00 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) (1,000. 00) (350. 00) (600. 00) (385. 00) 6,085. 00 (103. 50) 5,981. 50 (8,211. 00) (2,229. 50) Apr'14 â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â⠀š ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ 14,700. 0 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) (1,000. 00) (350. 00) (600. 00) (385. 00) 6,085. 00 (103. 50) 5,981. 50 5,981. 50 May'14 Jun'14 â‚ ¬ 14,700. 00 â‚ ¬ â‚ ¬ (30. 00) â‚ ¬ â‚ ¬ (30. 00) â‚ ¬ â‚ ¬ (20. 00) â‚ ¬ â‚ ¬ (500. 00) â‚ ¬ â‚ ¬ (100. 00) â‚ ¬ â‚ ¬ (5,600. 00) â‚ ¬ â‚ ¬ (1,000. 00) â‚ ¬ â‚ ¬ (350. 00) â‚ ¬ â‚ ¬ (600. 00) â‚ ¬ â‚ ¬ (385. 00) â‚ ¬ â‚ ¬ 6,085. 00 â‚ ¬ â‚ ¬ (103. 50) â‚ ¬ â‚ ¬ 5,981. 50 â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ 5,981. 50 â‚ ¬ 14,700. 00 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) (1,000. 00) (350. 00) (600. 00) (385. 00) 6,085. 00 (103. 50) 5,981. 50 (8,211. 00) (2,229. 50) Jul'14 â‚ ¬ 14,700. 00 â‚ ¬ (30. 00) â‚ ¬ (30. 00) â‚ ¬ (20. 0) â‚ ¬ (500. 00) â‚ ¬ (100. 00) â‚ ¬ (5,600. 00) â‚ ¬ (1,000. 00) â‚ ¬ (350. 00) â‚ ¬ (600. 00) à ¢â€š ¬ (385. 00) â‚ ¬ 6,085. 00 â‚ ¬ (103. 50) â‚ ¬ 5,981. 50 â‚ ¬ â‚ ¬ 5,981. 50 Aug'14 â‚ ¬ 14,700. 00 â‚ ¬ (30. 00) â‚ ¬ (30. 00) â‚ ¬ (20. 00) â‚ ¬ (500. 00) â‚ ¬ (100. 00) â‚ ¬ (5,600. 00) â‚ ¬ (1,000. 00) â‚ ¬ (350. 00) â‚ ¬ (600. 00) â‚ ¬ (385. 00) â‚ ¬ 6,085. 00 â‚ ¬ (103. 50) â‚ ¬ 5,981. 50 â‚ ¬ â‚ ¬ 5,981. 50 Sep'14 â‚ ¬ 14,700. 00 â‚ ¬ (30. 00) â‚ ¬ (30. 00) â‚ ¬ (20. 00) â‚ ¬ (500. 00) â‚ ¬ (100. 00) â‚ ¬ (5,600. 00) â‚ ¬ (1,000. 00) â‚ ¬ (350. 00) â‚ ¬ (600. 00) â‚ ¬ (385. 00) â‚ ¬ 6,085. 00 â‚ ¬ (103. 50) â‚ ¬ 5,981. 50 â‚ ¬ (8,211. 00) â‚ ¬ (2,229. 50) Oct'14 â‚ ¬ 14,700. 00 â‚ ¬ (30. 00) â‚ ¬ (30. 00) â‚ ¬ (20. 0) â‚ ¬ (500. 00) â‚ ¬ (100. 00) â‚ ¬ (5,600. 00) â‚ ¬ (1,000. 00) â‚ ¬ (350. 00) â‚ ¬ (600. 00) â‚ ¬ (385. 00) â‚ ¬ 6,085. 00 â‚ ¬ (103. 50) â‚ ¬ 5,981. 50 â‚ ¬ â‚ ¬ 5,981. 50 Nov'14 â‚ ¬ 14,700. 00 â‚ ¬ (30. 00) â‚ ¬ (30. 00) â‚ ¬ (20. 00) â‚ ¬ (500. 00) â‚ ¬ (100. 00) â‚ ¬ (5,600. 00) â‚ ¬ (1,000. 00) â‚ ¬ (350. 00) â‚ ¬ (600. 00) â‚ ¬ (385. 00) â‚ ¬ 6,085. 00 â‚ ¬ (103. 50) â‚ ¬ 5,981. 50 â‚ ¬ â‚ ¬ 5,981. 50 Dec'14 â‚ ¬ 14,700. 00 â‚ ¬ (30. 00) â‚ ¬ (30. 00) â‚ ¬ (20. 00) â‚ ¬ (500. 00) â‚ ¬ (100. 00) â‚ ¬ (5,600. 00) â‚ ¬ (1,000. 00) â‚ ¬ (350. 00) â‚ ¬ (600. 00) â‚ ¬ (385. 00) â‚ ¬ 6,085. 00 â‚ ¬ (103. 50) â‚ ¬ 5,981. 50 â‚ ¬ (8,211. 00) â‚ ¬ (2,229. 50) Figure 10 Projected Monthly Income Statement for 2015Third operational year (2015) Sales Electricity Utilities Internet Rent Advertisment Salaries (teachers) Salaries (managing director/ HR manager) Salary (Assistant) Salary (Accountant) Depreciation (equipment) Profit before Interset Interest (2%) Profit before Tax Taxes (35%) Profit/Loss after Tax Jan'15 â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ ↚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ 14,700. 00 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) (1,000. 00) (350. 00) (600. 00) (385. 00) 6,085. 00 (103. 50) 5,981. 50 5,981. 50 Feb'15 â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ 14,700. 00 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) (1,000. 00) (350. 00) (600. 0) (385. 00) 6,085. 00 (103. 50) 5,981. 50 5,981. 50 Mar'15 â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ 14,700. 00 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) (1,000. 00) (350. 00) (600. 00) (385. 00) 6,085. 00 (103. 50) 5,981. 50 (8,211. 00) (2,229. 50) Apr'15 â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ 14,700. 00 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) ( 1,000. 00) (350. 00) (600. 00) (385. 00) 6,085. 00 (103. 50) 5,981. 50 5,981. 50 May'15 Jun'15 â‚ ¬ 14,700. 00 â‚ ¬ â‚ ¬ (30. 00) â‚ ¬ â‚ ¬ (30. 00) â‚ ¬ â‚ ¬ (20. 00) â‚ ¬ â‚ ¬ (500. 00) â‚ ¬ â‚ ¬ (100. 00) â‚ ¬ â‚ ¬ (5,600. 00) â‚ ¬ â‚ ¬ (1,000. 00) â‚ ¬ â‚ ¬ (350. 00) â‚ ¬ â‚ ¬ (600. 00) â‚ ¬ â‚ ¬ (385. 00) â‚ ¬ â‚ ¬ 6,085. 0 â‚ ¬ â‚ ¬ (103. 50) â‚ ¬ â‚ ¬ 5,981. 50 â‚ ¬ â‚ ¬ â‚ ¬ â‚ ¬ 5,981. 50 â‚ ¬ 14,700. 00 (30. 00) (30. 00) (20. 00) (500. 00) (100. 00) (5,600. 00) (1,000. 00) (350. 00) (600. 00) (385. 00) 6,085. 00 (103. 50) 5,981. 50 (8,211. 00) (2,229. 50) Jul'15 â‚ ¬ 14,700. 00 â‚ ¬ (30. 00) â‚ ¬ (30. 00) â‚ ¬ (20. 00) â‚ ¬ (500. 00) â‚ ¬ (100. 00) â‚ ¬ (5,600. 00) â‚ ¬ (1,000. 00) â‚ ¬ (350. 00) â‚ ¬ (600. 00) â‚ ¬ (385. 00) â‚ ¬ 6,085. 00 â‚ ¬ â‚ ¬ â‚ ¬ Aug'15 â‚ ¬ 14,700. 00 â‚ ¬ (30. 00) â‚ ¬ (30. 00) â‚ ¬ (20. 00) â⠀š ¬ (500. 00) â‚ ¬ (100. 00) â‚ ¬ (5,600. 00) â‚ ¬ (1,000. 00) â‚ ¬ (350. 00) â‚ ¬ (600. 00) â‚ ¬ (385. 00) â‚ ¬ 6,085. 00 Sep'15 â‚ ¬ 14,700. 00 â‚ ¬ (30. 00) â‚ ¬ (30. 00) â‚ ¬ (20. 00) â‚ ¬ (500. 00) â‚ ¬ (100. 00) â‚ ¬ (5,600. 00) â‚ ¬ (1,000. 0) â‚ ¬ (350. 00) â‚ ¬ (600. 00) â‚ ¬ (385. 00) â‚ ¬ 6,085. 00 Oct'15 â‚ ¬ 14,700. 00 â‚ ¬ (30. 00) â‚ ¬ (30. 00) â‚ ¬ (20. 00) â‚ ¬ (500. 00) â‚ ¬ (100. 00) â‚ ¬ (5,600. 00) â‚ ¬ (1,000. 00) â‚ ¬ (350. 00) â‚ ¬ (600. 00) â‚ ¬ (385. 00) â‚ ¬ 6,085. 00 Nov'15 â‚ ¬ 14,700. 00 â‚ ¬ (30. 00) â‚ ¬ (30. 00) â‚ ¬ (20. 00) â‚ ¬ (500. 00) â‚ ¬ (100. 00) â‚ ¬ (5,600. 00) â‚ ¬ (1,000. 00) â‚ ¬ (350. 00) â‚ ¬ (600. 00) â‚ ¬ (385. 00) â‚ ¬ 6,085. 00 Dec'15 â‚ ¬ 14,700. 00 â‚ ¬ (30. 00) â‚ ¬ (30. 00) â‚ ¬ (20. 00) â‚ ¬ (500. 00) â‚ ¬ (100. 00) â‚ ¬ (5,600. 00) â‚ ¬ (1,000. 00) â‚ ¬ (350. 00) â‚ ¬ (600. 00) â‚ ¬ (385. 00) â‚ ¬ 6,085. 00 6,085. 00 (8,211. 00) (2,126. 00) 6,085. 00 â‚ ¬ â‚ ¬ 6,085. 00 â‚ ¬ 6,085. 00 â‚ ¬ 6,085. 00 â‚ ¬ 6,085. 00 â‚ ¬ 6,085. 00 â‚ ¬ â‚ ¬ (8,211. 0) â‚ ¬ â‚ ¬ â‚ ¬ 6,085. 00 â‚ ¬ (2,126. 00) â‚ ¬ 6,085. 00 â‚ ¬ 6,085. 00 â‚ ¬ Page 21 Figure 11 Projected Monthly Cash Flow 2012/2013 Cash flows statements Operating profit Depreciation costs Interest payable Cash generated from operations Interest paid Taxation paid Net cash from operation activities Cash flows from investing activities Intangible assets (additions) Net cash used in investing activities Cash flows from financing activities Re-payment of Loan notes Net cash outflow from financing activities Net decrease in cash and cash equivalents Dec'12 Jan'13 Feb'13 Mar'13 Apr'13 May'13 Jun'13 Jul'13 Aug'13 Sep'13 Oct'13 Nov'13 Dec'13 (10,000. 0) 6,341. 50 (768. 50) (1,068. 50) (1,068. 50) (1,068. 50) (1,068. 50) 3,341. 50 3,341. 50 3,341. 50 3,341 . 50 3,341. 50 3,341. 50 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 103. 50 103. 50 103. 50 103. 50 103. 50 103. 50 103. 50 103. 50 103. 50 103. 50 103. 50 103. 50 (10,000. 00) 6,830. 00 (280. 00) (580. 00) (580. 00) (580. 00) (580. 00) 3,830. 00 3,830. 00 3,830. 00 3,830. 00 3,830. 00 3,830. 00 (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (8,211. 0) (8,211. 00) (8,211. 00) (8,211. 00) (10,000. 00) 6,726. 50 (383. 50) (8,894. 50) (683. 50) (683. 50) (8,894. 50) 3,726. 50 3,726. 50 (4,484. 50) 3,726. 50 3,726. 50 (4,484. 50) (10,000. 00) 6,726. 50 (383. 50) (8,894. 50) (683. 50) (683. 50) (8,894. 50) 3,726. 50 3,726. 50 (4,484. 50) 3,726. 50 3,726. 50 (4,484. 50) Figure 12 Projected Monthly Cash Flow 2014 Jan'14 Feb'14 Mar'14 Apr'14 May'14 Jun'14 Jul'14 Aug'14 Sep'14 Oct'14 Nov'14 Dec'14 5,981. 50 5,981. 50 5,981. 50 5,981. 50 5,981. 50 5,981. 50 5,981. 50 5 ,981. 50 5,981. 50 5,981. 50 5,981. 50 5,981. 50 385. 00 385. 0 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 103. 50 103. 50 103. 50 103. 50 103. 50 103. 50 103. 50 103. 50 103. 50 103. 50 103. 50 103. 50 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (8,211. 00) (8,211. 00) (8,211. 00) (8,211. 00) 6,366. 50 6,366. 50 (1,844. 50) 6,366. 50 6,366. 50 (1,844. 50) 6,366. 50 6,366. 50 (1,844. 50) 6,366. 50 6,366. 0 (1,844. 50) 6,366. 50 Operating profit Depreciation costs Interest payable Cash generated from operations Interest paid Taxation paid Net cash from operation activities Cash flows from investing activities Intangible assets (additions) Net cash used in investing activities Cash flows from financing activities Re-payment of Loan notes Net cash outflow f rom financing activities Net decrease in cash and cash equivalents 6,366. 50 (1,844. 50) 6,366. 50 6,366. 50 (1,844. 50) 6,366. 50 6,366. 50 (1,844. 50) 6,366. 50 6,366. 50 (25,000. 00) (25,000. 00) (26,844. 50) Page 22Figure 13 Projected Monthly Cash Flow 2015 Jan'15 Feb'15 Mar'15 Apr'15 May'15 Jun'15 Jul'15 Aug'15 Sep'15 Oct'15 Nov'15 Dec'15 5,981. 50 5,981. 50 5,981. 50 5,981. 50 5,981. 50 5,981. 50 6,085. 00 6,085. 00 6,085. 00 6,085. 00 6,085. 00 6,085. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 385. 00 103. 50 103. 50 103. 50 103. 50 103. 50 103. 50 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 6,470. 00 (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (103. 50) (8,211. 00) (8,211. 0) (8,211. 00) (8,211. 00) 6,366. 50 6,366. 50 (1,844. 50) 6,366. 50 6,366. 50 (1,844. 50) 6,470. 00 6,470. 00 (1,741. 00) 6,470. 00 6,470. 00 (1,741. 00) 6,366. 50 Operating profit Depre ciation costs Interest payable Cash generated from operations Interest paid Taxation paid Net cash from operation activities Cash flows from investing activities Intangible assets (additions) Net cash used in investing activities Cash flows from financing activities Re-payment of Loan notes Net cash outflow from financing activities Net decrease in cash and cash equivalents 6,366. 50 (1,844. 50)