Farm viewed 16 may 2016

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<- food/food/publications/afs>. Viewed 16 May 2016. Fields, R. 2007. Restaurant Success by the Numbers . Berkeley, California: Ten Speed Press. Magner, L. 2016. IBISWorld Industry Report H4511a: Restaurants in Australia . media release, IBISWorld. < u/industry/default.aspx?entid=2010>. Viewed 16 May 2016. Nemeschansky, B. & von der Heidt, T (n.d), The future of restaurant analysis: A customer-driven approach for an experience economy , < 013-353.pdf>, viewed 15 May 2016 Shock, P. J., Bowen, J. T., & Stefanelli, J. M., 2004. Restaurant Marketing for Owners and Managers . Hoboken, New Jersey: John Wiley and Sons.
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York, R., & Gossard, M. H., 2003. Cross-national meat and fish consumption: exploring the effects of modernization and ecological context. Ecological Economics, 48: 293–302. APPENDIX A – SUPPORTING FINANCIAL DATA– BUSINESS PLAN Historical Financial Data Income Statement Year 2015 Year 2016 Sales revenues (net) $520,000.00 $784,000.00 Cost of Goods Sold $197,600.00 $437,500.00 Gross Profit $322,400.00 $346,500.00
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Expenses Wages $124,800.00 $188,160.00 Advertising $10,400.00 $15,680.00 Depreciation $25,000.00 $25,000.00 Motor Vehicle Expenses $3,400.00 $15,680.00 Insurance $3,700.00 $4,068.00 Rent $78,000.00 $117,600.00 Other $30,300.00 $44,108.00 Interest $0.00 $0.00 Total Expenses $275,600.00 $410,296.00 Net Income before tax $46,800.00 ($63,796.00) Income Tax $14,040.00 ($19,138.80) Net Income after tax $32,760.00 ($44,657.20) Balance Sheet Year 2015 Year 2016 Current Assets Cash $10,584.00 $76,985.80 GST Paid $0.00 $43,750.00 Accounts Receivable $5,200.00 $7,840.00 Inventory $9,880.00 $21,875.00 Total Current Assets $25,664.00 $150,450.80 Non-current Assets Fixtures and fittings $160,000.00 $160,000.00 Accum Depn - F & F ($16,000.00 ) ($32,000.00) Equipment $20,000.00 $20,000.00
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Accum Depn - Equipment ($2,000.00) ($4,000.00) Motor Vehicle $35,000.00 $35,000.00 Accum Depn - MV ($7,000.00) ($14,000.00) Total Non-Current Assets $190,000.00 $165,000.00 Total Assets $215,664.00 $315,450.80 Current Liabilities Accounts Payable $7,904.00 $17,500.00 GST Collected $0.00 $78,400.00 PAYG $0.00 $56,448.00 Total Current Liabilities $7,904.00 $152,348.00 Long-term Liabilities Loan $0.00 $0.00 Total Long Term Liabilities $0.00 $0.00 Total Liabilities $7,904.00 $152,348.00 Owner's Equity Share Capital $175,000.00 $175,000.00 Retained Earnings $32,760.00 ($11,897.20) Total Owner's Equity $207,760.00 $163,102.80 Total Liabilities and Owner's Equity $215,664.00 $315,450.80 Cash Flow Statement Year 2015 Year 2016 Cash Flow from Operating Activities Collections from Customers $514,800.00 $781,360.00 Payments to Suppliers and Employees ($324,376.00 ) ($536,961.00)
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Other Operating Payments ($125,800.00 ) ($197,136.00) Interest payments $0.00 $0.00 Income Tax ($14,040.00) $19,138.80 Net cash provided from Operating Activities $50,584.00 $66,401.80 Cash Flows from Investing Activities Fixtures and Fittings ($160,000.00 ) $0.00 Equipment ($20,000.00) $0.00 Motor Vehicle ($35,000.00) $0.00 Net cash used by investing activities ($215,000.00 ) $0.00 Cash Flows from Financing Activities Capital contribution $175,000.00 $0.00 Net cash provided from financing activities $175,000.00 $0.00 Net Cash Increase/(Decrease) $10,584.00 $66,401.80 Cash at Commencement $0.00 $10,584.00 Cash Balance at End $10,584.00 $76,985.80
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APPENDIX B – MARKING RUBRIC – BUSINESS PLAN Criteria Inadequate Needs Improvement Adequate Thorough/Thoughtful Description of the business (1% = 20 points) (200 words) Business organisation, description of products/services, location and management team not provided or inadequately described. Business objectives missing or inadequate. (0-4 points) Business organisation, description of products/services, location and management team provided at minimal level. Basic business objectives stated. (5-9 points) Adequate description of business organisation, products/services, location and management team provided.
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