Stability of Characters in to Build a Fire and the Tell Tale Heart

Henry James’ argues that a character is only as interesting as their responses to a particular situation, can be supported by using any written works that a student may encounter, given that the story has at least one character. I intend to prove that the instability of the main characters in each story will ultimately be their downfall. The story â€Å"To Build a Fire† by Jack London is about a man struggle with nature and his inability to trust his human instinct, and In Edgar Allen Poe’s story â€Å"The Tale-Tell Heart† is about a man who proclaims he is not crazy but plans and executes the murder of an old man. In the beginning of â€Å"To build a Fire† the man realizes how cold the weather is outside but he only sees this as a fact and not a threat to his health. Jack London writes â€Å"As he turned to go on, he spat speculatively. There was a sharp, explosive crackle that startled him. He spat again. And again, in the air, before it could fall to the snow, the spittle crackled in the air. Undoubtedly it was colder than fifty below-how much colder he did not know. But the temperature did not matter. † (120) This is one example where the main character ignores his human instinct and doesn’t bring items that would cover his face and cheekbones. Also read The Story of an Eyewitness Essay Analysis Any man with common sense knows to bring the right items for the journey if he’s going to be traveling in weather that will be colder than fifty degrees below zero. While on this trip the man is accompanied by a dog that follows the man on his unadvised journey. The dog uses its natural instinct to outlive the man on this trip. The dog is a native husky and I believe represents pure instinct in this story in which the man doesn’t use at all. The dog knows to bite the ice off of his feet so that they do not become frozen from the harsh conditions. He buries himself in the snow when the man cannot start a fire because his hands are too cold to pull his matches out of his pocket. With the dogs keen since of smell he knows when the man is dying and understands that the man wants to kill the dog so that he can insert his hands inside the dog’s carcass to warm him up. In this environment the dog is actually smarter than the man because he uses his natural instincts to stay warm and keep himself alive. In â€Å" The Tale-Tell Heart† the narrator in which is assumed to be a man takes care of n old man who I perceived to be rich. For some strange reason, the narrator was obsessed with the old man’s eye. â€Å"It was open-wide, wide open-and i grew furious as I gazed upon it. I saw it with perfect distinctness- all a dull blue with a hideous veil over it that chilled the very marrow in my bones; but I could see nothing else of the old man’s face or person: for I had directed the ray as if by instinct, preci sely upon the damned spot. †(414) The old man was going to be murder for his pale blue eye. For seven straight nights at midnight the eye was closed. It wasn’t until the eight night when the narrator accidently woke the old man up and once the narrator saw that blue eye he began to grow furious and knew that that was the night he had to kill the old man. Normal people would have a look of disgust on their face after committing a murder, but the narrator smiled and then would try and convince himself that he was not mad. After murdering the old man the narrator begins to hear voices in his head. Those voices told him the eye was evil, and that he was doing the right thing. He would also hear a groan of terror many nights at midnight. The narrator could also hear the old man’s heart, even after he had been murdered. It is impossible to hear a person’s heartbeat with the naked ear. He also thought the police officers were laughing at his horror of the heartbeat. The voices caused him to murder, and then caused him to give into the police when he easily could have gotten away with it. These two main characters both have obstacles to conquer in their own ways. In â€Å"To Build a Fire† the main character is fighting and resisting the obvious signs that tell him he should not make the trip in that inclement weather but proceeds anyway. I believe that the man is so arrogant that it makes him ignorant. It seemed to me that the man felt like he was bigger and better than anyone on this planet and not even nature could endanger him. For that very reason was why the man could not make it to his destination, but the dog in which he tried to kill not only survived but also made it to the destination. In â€Å"The Tale-Tell Heart† instead of a fight with nature the narrator is fighting with the voice inside his head or yet another personality. I believe that by day the narrator was a normal man who really cared about taking care of the old man, but by night his alter ego would kick in and basically talk control of his mind. That is why the story keeps going back and forth with trying to convince the reader of his sanity. Although both of the stories are different, the main character mind frames are both fragile and unstable. The may not be fighting the same fight but they are fighting something whether it be nature or the voices in there head. Throughout both of the stories the characters do thing that make the reader wonder. It just goes to show how unstable each character is.

Land Record Management System

In India, land records data are maintained at tehsil office or equivalent offices. Mainly the records are of two types: * Alphanumeric data containing record of rights details, crop statistics of individual plots. * The cadastral maps depicting the boundaries and extent of the plots. These are maintained in form of village maps or Field Measurement Book Issues Though many States have digitized their records but it will take time where we can achieve ‘sync’ between data entered and transactions so manual system of issuing of Record of Rights (ROR) is prevalent in most of the States. * Data entry & verification of legacy data * Regular updation of the records because of mutations * Unstructured data * Language issues * Land records maintained on paper/ cloth are in a very bad shape * Duplication on similar media is cumbersome and will result in similar problems of maintenance after a few y ears. * Updation to boundaries or title information by manual process is highly time-consuming and any error will get propagated to the village maps. * Cross verification is required over records for a large period of time to ensure absence of inconsistencies after updation. * Retrieval for redressal of any dispute is time consuming due to the large bulk of information. * Every retrieval/use has an associated risk of further physical damage the old records. * Legal sanctity to computer generated ROR * Accuracy of maps & different scales of available maps So overcome the above mentioned issues a GPS based data capturing device is needed, so as to provide the solutions to the above mentioned problems as: * Since the device is GPS based we will have the Authenticity of the data recorded. * As the record will be fed automatically through the device it will be automatically updated * Since the device has a standard architecture/format for the capturing the data so the issue of unstructured data will also be resolved. * That device has been recognized by the department of agriculture government of Andhra Pradesh. * Recommended by Food and Agriculture Organization (FAO), United Nations.

Business Plan Bar & Grill Essay Example for Free

Business Plan Bar & Grill Essay Asset (205) , Expense (23) company About StudyMoose Contact Careers Help Center Donate a Paper Legal Terms & Conditions Privacy Policy Complaints This is a business plan. It does not imply an offering of securities. 1.0 Executive Summary1 Chart: Highlights2 1.1 Objectives2 1.2 Mission2 1.3 Keys to Success2 2.0 Company Summary3 2.1 Company Ownership3 2.2 Start-up Summary4 Table: Start-up4 3.0 Products and Services5 4.0 Market Analysis Summary6 4.1 Market Segmentation6 Table: Market Analysis7 Chart: Market Analysis (Pie)7 4.2 Target Market Segment Strategy7 4.3 Service Business Analysis8 4.3.1 Competition and Buying Patterns9 5.0 Web Plan Summary9 5.1 Website Marketing Strategy9 5.2 Development Requirements9 6.0 Strategy and Implementation Summary9 6.1 SWOT Analysis10 6.1.1 Strengths10 6.1.2 Weaknesses10 6.1.3 Opportunities10 6.1.4 Threats10 6.2 Competitive Edge10 6.3 Marketing Strategy11 6.4 Sales Strategy11 6.4.1 Sales Forecast12 Table: Sales Forecast12 Chart: Sales Monthly13 Chart: Sales by Year13 6.5 Milestones14 Table: Milestones14 7.0 Management Summary14 7.1 Personnel Plan14 Table: Personnel15 8.0 Financial Plan15 8.1 Start-up Funding16 Table: Start-up Funding16 8.2 Important Assumptions17 8.3 Break-even Analysis17 Table: Break-even Analysis17 Chart: Break-even Analysis17 8.4 Projected Profit and Loss18 Table: Profit and Loss18 Chart: Profit Monthly19 Chart: Profit Yearly19 Chart: Gross Margin Monthly20 Chart: Gross Margin Yearly20 8.5 Projected Cash Flow21 Table: Cash Flow21 Chart: Cash22 8.6 Projected Balance Sheet23 Table: Balance Sheet23 8.7 Business Ratios25 Table: Ratios25 Table: Sales Forecast1 Table: Personnel1 Table: Profit and Loss2 Table: Cash Flow3 Table: Balance Sheet5 1.0 Executive Summary [Company Name] Contact: [Name] Direct Phone: XXX-XXX-XXXX Address: [Address] [City, State ZIP] Email: [Email Address] Introduction The long-term goal of [Company Name] is to serve quality food, have outstanding customer service and run and maintain a cost efficient base without sacrificing quality. [Company Name]serves high quality food and beverages in an inviting and friendly atmosphere at reasonable prices. [Company Name] is expanding its exposure through effective marketing as well as introducing the area to market segments that have not yet discovered the Company. Location [Company Name]is headquartered in Dwight, North Dakota which is located in Dickey County. The [Company Name] will be located on the site of the original [Company Name], which was built in 1961. This location is a landmark that sets on Highway 1 and 11 along the James River. The [Company Name] is nested nicely near the South Dakota border between Ellendale and Oakes, ND. The Company [Company Name]is a steakhouse concept which will offer a comfortable, friendly atmosphere. The Company’s owner is [Name], who established the restaurant as a Limited Liability Corporation. [Name] has 15 years of industry experience as a bartender and 8 years of experience as a cook. [Company Name] will be open 5 days per week. Serving dinner Tuesday-Wednesday from 5:00 pm to 10:00 pm; on Thursday – Saturday dinner served from 5:00 pm to 11:00 pm. Furthermore, the restaurant will be open one (1) Sunday a month on trial basis. Lunch will be served from 11:00 am to 2:00 pm. The restaurant will also be set-up as an all you can eat buffet style restaurant. Our Services [Company Name]’s menu will feature char broiled steaks, chicken, shrimp, burgers and a variety of basket foods along with occasional weekend specials of prime rib and barbecued ribs. Beverages will include various beers, cocktails and non-alcoholic beverages. The Market [Company Name] will focus on local residents and anyone passing by who wants to enjoy a good meal in a comfortable, friendly, down home atmosphere. [Company Name]’s market segmentation scheme is fairly straightforward and focuses on the target market, Dickey County, North Dakota residents. These customers prefer certain services and quality of food and it’s the Company’s duty to deliver on their expectations. Financial Considerations The current financial plan for [Company Name] is to obtain grant funding in the amount of $350,000. The grant will be used to get acquisition of the property, contents and rights to the business. [Company Name]has three main objectives: †¢ To serve quality food. †¢ To have outstanding customer service. †¢ To run and maintain a cost efficient base without sacrificing quality. [Company Name]’s mission is to serve high quality food and beverages in an inviting and friendly atmosphere at reasonable prices. [Company Name]’s keys to success are location, quality service and delicious food. [Company Name]is headquartered in Dwight, North Dakota Contact: [Name] Direct Phone: XXX-XXX-XXXX Address: [Address] [City, State ZIP] Email: [Email Address] The [Company Name] is located in Dwight, North Dakota, which is one mile west of the city Ludden in Dickey County. The Company is a start-up restaurant, owned by [Name], who has 15 years of industry experience as a bartender and 8 years of experience as a cook. Additionally, [Name] has 10 years of experience as an Administrative Assistant. [Company Name]is a steakhouse concept which will offer a comfortable, friendly atmosphere. The menu will feature char broiled steaks, chicken, shrimp, burgers and a variety of basket foods along with occasional weekend specials of prime rib and barbecued ribs. Beverages will include various beers, cocktails and non-alcoholic beverages. The [Company Name] will be located on the site of the original [Company Name], which was built in 1961. This location is a landmark that sets on Highway 1 and 11 along the James River. The [Company Name] is nested nicely near the South Dakota border between Ellendale and Oakes, ND. [Company Name]will be open 5 days per week. Serving dinner Tuesday-Wednesday from 5:00 pm to 10:00 pm; on Thursday – Saturday dinner served from 5:00 pm to 11:00 pm. Furthermore, the restaurant will be open one (1) Sunday a month on trial basis. Lunch will be served from 11:00 am to 2:00 pm. The restaurant will also be set-up as an all you can eat buffet style restaurant. [Company Name]will be closed on New Year’s Day, Thanksgiving Day and Christmas Day. The lounge will be open Tuesday – Saturday from 5:00 pm to 1:00 am. The rest of business structure has not been identified as of date. There will be an attorney and accountant determined at a later date. [Company Name]is a Limited Liability Corporation. The owner of the start-up restaurant is [Name], who has 100% ownership of the business. The following table and chart shows the start-up costs for [Company Name], LLC |Start-up | | | | | |Requirements | | | | | |Start-up Expenses | | |Software (Cost/Inventory Control) |$500 | |Liquor/Food License (State/County) |$1,800 | |Inspections |$1,000 | |Supplies |$2,500 | |Utilities Deposit |$1,500 | |Legal & Accounting fees |$5,000 | |Propane Tank & 1st Fill |$3,000 | |Total Start-up Expenses |$15,300 | | | | |Start-up Assets | | |Cash Required |$0 | |Start-up Inventory |$26,000 | |Other Current Assets |$30,950 | |Long-term Assets |$329,800 | |Total Assets |$386,750 | | | | |Total Requirements |$402,050 | [Company Name]is a comfortable, inviting restaurant designed to make its customers feel at home. The dining side has a sizzling 48†³ gas powered grill and char boiler which will make all steaks to perfection. The following meals come with the customer’s choice of potato, baked, hash brown or fries. Meals also include a trip to the full salad bar! All steaks are hand cut daily and charbroiled to perfection. Steaks Choice Sirloin 10 oz †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ $13.75 House Sirloin 8 oz †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ $12.50 Petite Sirloin 6 oz †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ $9.75 Beef Tips-grilled or hand dipped in batter-deep fried†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ $12.50 Rib eye 12 oz†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. $16.25 Rib eye 10 oz †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ $14.75 Steak and Shrimp 6 oz sirloin steak with three deep fried shrimp †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ $15.50 Seafood Walleye dipped in batter and deep fried †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ $15.75 4 Jumbo shrimp served with tater sauce or red sauce†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. $13.50 Cod (Torsk)†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ $11.50 Chicken  ¼ pc dinner†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ $11.50  ½ pc dinner†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ $13.50 Baskets All baskets served with fries or onion rings. Burgers are  ½ lb handmade served on toasted bun. Hamburger basket †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ $7.50 Cheese burger basket†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. $7.75 Burger basket served w/cheese, lettuce, onion, tomato†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ $8.50 Chicken Strip (4 pc) basket †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ $8.75 Chicken Drummies (6) basket †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ $8.75 Breaded Tip basket †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ $9.25 Appetizer Platter Chicken drummies, Onion rings, Cheese sticks, Mushrooms, Mini Egg Rolls. Served with Ranch Dressing†¦.†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ $15.25 Beverages Coffee †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ $1.00 Tea †¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ $1.00 Soda†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦. $1.50 Milk†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ $1.50 The U.S. restaurant industry, which consist of fast food, casual dining and upscale chains, is facing its toughest stretch in three decades. This is due to declining guest traffic, declining average check, and a decline in sales. To survive, restaurant operators will need to balance incentives and discounts with added value and brand enhancement. Steak restaurants comprise less than 5% of the total restaurant market. Service oriented steak houses have room to grow. Meat and potatoes are still what Americans want, and they want it with good service. [Company Name]will focus on local residents and anyone passing by who wants to enjoy a good meal in a comfortable, friendly, down home atmosphere. [Company Name] intends to cater to a wide group of people. The Company wants everyone to feel welcome and relaxed in a friendly atmosphere with a large menu selection. It is its goal to have the â€Å"most tender, tastiest steaks† in the area. [Company Name]has the services necessary to flourish within this industry. By delivering superior customer service, offering affordable prices and developing an outstanding reputation, [Company Name]’s potential is excellent. Individuals going out to spend good money on meals or beverages want a variety of items to choose from. Additionally, these individuals want to dine at an establishment with consistent business hours. [Company Name]will be more than willing to offer that to all customers who walk into the business. The Company wants to create an environment that is fun, friendly and comfortable with prices that are very competitive. Customers are the first priority. [Company Name]’s market segmentation scheme is fairly straightforward and focuses on the target market, Dickey County, North Dakota residents. These customers prefer certain services and quality of food and its Company’s duty to deliver on their expectations. The information contained in the market analysis table, displays [Company Name]’s main markets. All of [Company Name]’s clients will benefit from its delicious food, atmosphere and exceptional customer service. |Market Analysis | | | | | | Year 1 | Year 2 | Year 3 | |Sales | | | | |Food |$259,480 |$275,049 |$291,552 | |Dining Beverage |$14,400 |$15,264 |$16,180 | |Bar Beverage |$30,928 |$32,784 |$34,751 | |Total Sales |$304,808 |$323,096 |$342,482 | | | | | | |Direct Cost of Sales | Year 1 | Year 2 | Year 3 | |Food |$90,800 |$96,248 |$102,023 | |Dining Beverage |$1,440 |$1,526 |$1,618 | |Bar Beverage |$9,588 |$10,163 |$10,773 | |Subtotal Direct Cost of Sales |$101,828 |$107,938 |$114,414 | In order to achieve the growth and marketing goals that have been outline in this business plan, [Company Name]has deadlines to meet and ideas to implement. Some of these are outlined below: 1. Obtain grant funding in the amount of $350,000 to improve business 2. Acquisition of the property, contents and rights to the business |Milestones | | | | | | Year 1 | Year 2 | Year 3 | |Owner/Manager |$33,600 |$34,272 |$34,957 | |Head Cook |$16,800 |$17,136 |$17,479 | |Asst. Cook |$7,776 |$7,932 |$8,090 | |Head Waiter |$12,180 |$12,424 |$12,672 | |Waiters |$13,080 |$13,342 |$13,608 | |Bartenders |$8,352 |$8,519 |$8,689 | |Dishwashers |$6,264 |$6,389 |$6,517 | |Total People |14 |14 |14 | | | | | | |Total Payroll |$98,052 |$100,013 |$102,013 | The current financial plan for [Company Name]is to obtain grant funding in the amount of $350,000. The grant will be used to get acquisition of the property, contents and rights to the business. The following sections of this plan will serve to describe [Company Name]’s financial plan in more detail: †¢ General Assumptions †¢ Break-even Analysis †¢ Profit and Loss †¢ Cash Flow †¢ Balance [Company Name]’s start-up costs are detailed in the Start-up Table. The following table shows how these start-up costs will be funded. |Start-up Funding | | |Start-up Expenses to Fund |$15,300 | |Start-up Assets to Fund |$386,750 | |Total Funding Required |$402,050 | | | | |Assets | | |Non-cash Assets from Start-up |$386,750 | |Cash Requirements from Start-up |$0 | |Additional Cash Raised |$0 | |Cash Balance on Starting Date |$0 | |Total Assets |$386,750 | | | | | | | |Liabilities and Capital | | | | | |Liabilities | | |Current Borrowing |$0 | |Long-term Liabilities |$0 | |Accounts Payable (Outstanding Bills) |$0 | |Other Current Liabilities (interest-free) |$0 | |Total Liabilities |$0 | | | | |Capital | | | | | |Planned Investment | | |Owner |$10,000 | |Outside Financing |$350,000 | |Additional Investment Requirement |$42,050 | |Total Planned Investment |$402,050 | | | | |Loss at Start-up (Start-up Expenses) |($15,300) | |Total Capital |$386,750 | | | | | | | |Total Capital and Liabilities |$386,750 | | | | |Total Funding |$402,050 | The table below presents the assumptions used in the financial calculations of this business plan. The average percent variable cost is estimated to be 33%. The estimated monthly fixed cost is $13,705. For the break-even analysis, the monthly revenue needed to break-even is $20,581. The break-even analysis has been calculated on the â€Å"burn rate† of the Company. [Company Name]feels that this gives the investor a more accurate picture of the actual risk of the venture. |Break-even Analysis | | | | | |Monthly Revenue Break-even |$20,581 | | | | |Assumptions: | | |Average Percent Variable Cost |33% | |Estimated Monthly Fixed Cost |$13,705 | [Company Name]’s Pro Forma Profit and Loss statement was constructed from a conservative point-of-view, and is based in large part on past performance. The income for Year 1, Year 2 and Year 3 are $304,808, $323,096 and $342,482, respectively. The net profit for the same period is $26,961, $36,035 and $42,838, respectively. The percentages of the net profit sales for this period were 8.85%, 11.15% and 12.51%, respectively. Once the Company receives grant funding to add the new assets, the depreciation of the building will be over a 20 year period, while the equipment will be depreciated over a 7 year period. |Pro Forma Profit and Loss | | | | | | Year 1 | Year 2 | Year 3 | |Sales |$304,808 |$323,096 |$342,482 | |Direct Cost of Sales |$101,828 |$107,938 |$114,414 | |Other Costs of Sales |$0 |$0 |$0 | |Total Cost of Sales |$101,828 |$107,938 |$114,414 | | | | | | |Gross Margin |$202,980 |$215,159 |$228,068 | |Gross Margin % |66.59% |66.59% |66.59% | | | | | | |Expenses | | | | |Payroll |$98,052 |$100,013 |$102,013 | |Marketing/Promotion |$6,250 |$6,438 |$6,631 | |Depreciation |$12,045 |$13,143 |$13,143 | |Supplies |$600 |$618 |$637 | |Utilities |$8,400 |$8,652 |$8,912 | |Insurance |$5,004 |$5,004 |$5,004 | |Maintenance |$1,200 |$1,236 |$1,273 | |Office Expense |$1,800 |$1,854 |$1,910 | |Payroll Taxes |$9,805 |$10,001 |$10,201 | |Phone/TV/Internet |$1,800 |$1,854 |$1,910 | |Propane |$12,000 |$12,360 |$12,731 | |Property Tax |$2,508 |$2,508 |$2,508 | |Acct & Legal |$5,000 |$0 |$0 | | | | | | |Total Operating Expenses |$164,464 |$163,681 |$166,871 | | | | | | |Profit Before Interest and Taxes |$38,516 |$51,478 |$61,197 | |EBITDA |$50,561 |$64,621 |$74,340 | | Interest Expense |$0 |$0 |$0 | | Taxes Incurred |$11,555 |$15,443 |$18,359 | | | | | | |Net Profit |$26,961 |$36,035 |$42,838 | |Net Profit/Sales |8.85% |11.15% |12.51% | [Company Name] is a start-up Company that has applied for a grant of $350,000. The Company forecasts that it will receive funding in the month of October. During this period, the Company will get acquisition of the property, contents and rights to the business. The following table displays [Company Name]’s cash flow, and the chart illustrates monthly cash flow in the first year. Monthly cash flow projections are also included in the appendix. |Pro Forma Cash Flow | | | | | | Year 1 | Year 2 | Year 3 | |Cash Received | | | | | | | | | |Cash from Operations | | | | |Cash Sales |$304,808 |$323,096 |$342,482 | |Subtotal Cash from Operations |$304,808 |$323,096 |$342,482 | | | | | | |Additional Cash Received | | | | |Sales Tax, VAT, HST/GST Received |$0 |$0 |$0 | |New Current Borrowing |$0 |$0 |$0 | |New Other Liabilities (interest-free) |$0 |$0 |$0 | |New Long-term Liabilities |$0 |$0 |$0 | |Sales of Other Current Assets |$0 |$0 |$0 | |Sales of Long-term Assets |$0 |$0 |$0 | |New Investment Received |$350,000 |$0 |$0 | |Subtotal Cash Received |$654,808 |$323,096 |$342,482 | | | | | | |Expenditures | Year 1 | Year 2 | Year 3 | | | | | | |Expenditures from Operations | | | | |Cash Spending |$98,052 |$100,013 |$102,013 | |Bill Payments |$136,504 |$176,166 |$184,277 | |Subtotal Spent on Operations |$234,556 |$276,179 |$286,291 | | | | | | |Additional Cash Spent | | | | |Sales Tax, VAT, HST/GST Paid Out |$0 |$0 |$0 | |Principal Repayment of Current Borrowing |$0 |$0 |$0 | |Other Liabilities Principal Repayment |$0 |$0 |$0 | |Long-term Liabilities Principal Repayment |$0 |$0 |$0 | |Purchase Other Current Assets |$0 |$0 |$0 | |Purchase Long-term Assets |$0 |$0 |$0 | |Dividends |$0 |$0 |$0 | |Subtotal Cash Spent |$234,556 |$276,179 |$286,291 | | | | | | |Net Cash Flow |$420,252 |$46,917 |$56,192 | |Cash Balance |$420,252 |$467,170 |$523,361 | [Company Name]’s net worth is $763,711, $799,746 and $842,583, for Year 1, Year 2 and Year 3, respectively. |Pro Forma Balance Sheet | | | | | | Year 1 | Year 2 | Year 3 | |Assets | | | | | | | | | |Current Assets | | | | |Cash |$420,252 |$467,170 |$523,361 | |Inventory |$10,924 |$11,342 |$12,023 | |Other Current Assets |$30,950 |$30,950 |$30,950 | |Total Current Assets |$462,126 |$509,462 |$566,334 | | | | | | |Long-term Assets | | | | |Long-term Assets |$329,800 |$329,800 |$329,800 | |Accumulated Depreciation |$12,045 |$25,188 |$38,331 | |Total Long-term Assets |$317,755 |$304,612 |$291,469 | |Total Assets |$779,881 |$814,074 |$857,803 | | | | | | Table: Balance Sheet (Continued) |Liabilities and Capital | Year 1 | Year 2 | Year 3 | | | | | | |Current Liabilities | | | | |Accounts Payable |$16,170 |$14,328 |$15,219 | |Current Borrowing |$0 |$0 |$0 | |Other Current Liabilities |$0 |$0 |$0 | |Subtotal Current Liabilities |$16,170 |$14,328 |$15,219 | | | | | | |Long-term Liabilities |$0 |$0 |$0 | |Total Liabilities |$16,170 |$14,328 |$15,219 | | | | | | |Paid-in Capital |$752,050 |$752,050 |$752,050 | |Retained Earnings |($15,300) |$11,661 |$47,696 | |Earnings |$26,961 |$36,035 |$42,838 | |Total Capital |$763,711 |$799,746 |$842,583 | |Total Liabilities and Capital |$779,881 |$814,074 |$857,803 | | | | | | |Net Worth |$763,711 |$799,746 |$842,583 | The table below presents ratios from the full-service restaurant markets as a reference. |Ratio Analysis | | | | | | | Year 1 | Year 2 | Year 3 |Industry Profile | |Sales Growth |n.a. |6.00% |6.00% |1.65% | | | | | | | |Percent of Total Assets | | | | | |Inventory |1.40% |1.39% |1.40% |6.34% | |Other Current Assets |3.97% |3.80% |3.61% |43.25% | |Total Current Assets |59.26% |62.58% |66.02% |53.12% | |Long-term Assets |40.74% |37.42% |33.98% |46.88% | |Total Assets |100.00% |100.00% |100.00% |100.00% | | | | | | | |Current Liabilities |2.07% |1.76% |1.77% |25.40% | |Long-term Liabilities |0.00% |0.00% |0.00% |73.91% | |Total Liabilities |2.07% |1.76% |1.77% |99.31% | |Net Worth |97.93% |98.24% |98.23% |0.69% | | | | | | | |Percent of Sales | | | | | |Sales |100.00% |100.00% |100.00% |100.00% | |Gross Margin |66.59% |66.59% |66.59% |58.06% | |Selling, General & Administrative Expenses |57.75% |55.44% |54.08% |23.02% | |Advertising Expenses |2.05% |1.99% |1.94% |1.74% | |Profit Before Interest and Taxes |12.64% |15.93% |17.87% |6.52% | | | | | | | |Main Ratios | | | | | |Current |28.58 |35.56 |37.21 |1.25 | |Quick |27.90 |34.77 |36.42 |1.00 | |Total Debt to Total Assets |2.07% |1.76% |1.77% |99.31% | |Pre-tax Return on Net Worth |5.04% |6.44% |7.26% |4325.19% | |Pre-tax Return on Assets |4.94% |6.32% |7.13% |29.65% | | | | | | | Table: Ratios (Continued) |Additional Ratios | Year 1 | Year 2 | Year 3 | | |Net Profit Margin |8.85% |11.15% |12.51% |n.a | |Return on Equity |3.53% |4.51% |5.08% |n.a | | | | | | | |Activity Ratios | | | | | |Inventory Turnover |10.09 |9.70 |9.79 |n.a | |Accounts Payable Turnover |9.44 |12.17 |12.17 |n.a | |Payment Days |27 |32 |29 |n.a | |Total Asset Turnover |0.39 |0.40 |0.40 |n.a | | | | | | | |Debt Ratios | | | | | |Debt to Net Worth |0.02 |0.02 |0.02 |n.a | |Current Lab. to Liab. |1.00 |1.00 |1.00 |n.a | | | | | | | |Liquidity Ratios | | | | | |Net Working Capital |$445,956 |$495,134 |$551,114 |n.a | |Interest Coverage |0.00 |0.00 |0.00 |n.a | | | | | | | |Additional Ratios | | | | | |Assets to Sales |2.56 |2.52 |2.50 |n.a | |Current Debt/Total Assets |2% |2% |2% |n.a | |Acid Test |27.90 |34.77 |36.42 |n.a | |Sales/Net Worth |0.40 |0.40 |0.41 |n.a | |Dividend Payout | 0.00 |0.00 |0.00 |n.a | Sales Forecast Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12SalesFood$19,346 $19,733 $20,128 $20,531 $20,942 $21,361 $21,788 $22,224 $22,668 $23,121 $23,583 $24,055 Dining Beverage$1,000 $1,102 $1,124 $1,146 $1,169 $1,192 $1,216 $1,240 $1,265 $1,290 $1,316 $1,340 Bar Beverage$2,306 $2,352 $2,399 $2,447 $2,496 $2,546 $2,597 $2,649 $2,702 $2,756 $2,811 $2,867 Total Sales$22,652 $23,187 $23,651 $24,124 $24,607 $25,099 $25,601 $26,113 $26,635 $27,167 $27,710 $28,262 Direct Cost of Sales Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12Food$5,705 $5,990 $6,290 $6,604 $6,934 $7,281 $7,645 $8,027 $8,428 $8,849 $9,291 $9,756 Dining Beverage$102 $105 $108 $111 $114 $117 $121 $125 $129 $133 $136 $139 Bar Beverage$602 $639 $664 $697 $732 $769 $807 $847 $889 $933 $980 $1,029 Subtotal Direct Cost of Sales$6,409 $6,734 $7,062 $7,412 $7,780 $8,167 $8,573 $8,999 $9,446 $9,915 $10,407 $10,924  Table: Personnel Personnel Plan Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12Owner/Manager$2,800 $2,800 $2,800 $2,800 $2,800 $2,800 $2,800 $2,800 $2,800 $2,800 $2,800 $2,800 Head Cook$1,400 $1,400 $1,400 $1,400 $1,400 $1,400 $1,400 $1,400 $1,400 $1,400 $1,400 $1,400 Asst. Cook$648 $648 $648 $648 $648 $648 $648 $648 $648 $648 $648 $648 Head Waiter$1,015 $1,015 $1,015 $1,015 $1,015 $1,015 $1,015 $1,015 $1,015 $1,015 $1,015 $1,015 Waiters$1,090 $1,090 $1,090 $1,090 $1,090 $1,090 $1,090 $1,090 $1,090 $1,090 $1,090 $1,090 Bartenders$696 $696 $696 $696 $696 $696 $696 $696 $696 $696 $696 $696 Dishwashers$522 $522 $522 $522 $522 $522 $522 $522 $522 $522 $522 $522 Total People14 14 14 14 14 14 14 14 14 14 14 14 Total Payroll$8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171  Table: Profit and Loss Pro Forma Profit and Loss Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12Sales$22,652 $23,187 $23,651 $24,124 $24,607 $25,099 $25,601 $26,113 $26,635 $27,167 $27,710 $28,262 Direct Cost of Sales$6,409 $6,734 $7,062 $7,412 $7,780 $8,167 $8,573 $8,999 $9,446 $9,915 $10,407 $10,924 Other Costs of Sales$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Cost of Sales$6,409 $6,734 $7,062 $7,412 $7,780 $8,167 $8,573 $8,999 $9,446 $9,915 $10,407 $10,924 Gross Margin$16,243 $16,453 $16,589 $16,712 $16,827 $16,932 $17,028 $17,114 $17,189 $17,252 $17,303 $17,338 Gross Margin %71.71% 70.96% 70.14% 69.28% 68.38% 67.46% 66.51% 65.54% 64.54% 63.50% 62.44% 61.35% ExpensesPayroll$8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 Market ing/Promotion$750 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 $500 Depreciation$0 $1,095 $1,095 $1,095 $1,095 $1,095 $1,095 $1,095 $1,095 $1,095 $1,095 $1,095 Supplies$50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 $50 Utilities$700 $700 $700 $700 $700 $700 $700 $700 $700 $700 $700 $700 Insurance$417 $417 $417 $417 $417 $417 $417 $417 $417 $417 $417 $417 Maintenance$100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 Office Expense$150 $150 $150 $150 $150 $150 $150 $150 $150 $150 $150 $150 Payroll Taxes10% $817 $817 $817 $817 $817 $817 $817 $817 $817 $817 $817 $817 Phone/TV/Internet$150 $150 $150 $150 $150 $150 $150 $150 $150 $150 $150 $150 Propane$1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 $1,000 Property Tax$209 $209 $209 $209 $209 $209 $209 $209 $209 $209 $209 $209 Acct & Lega l$5,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Operating Expenses$17,514 $13,359 $13,359 $13,359 $13,359 $13,359 $13,359 $13,359 $13,359 $13,359 $13,359 $13,359 Profit Before Interest and Taxes($1,271)$3,094 $3,230 $3,353 $3,468 $3,573 $3,669 $3,755 $3,830 $3,893 $3,944 $3,979 EBITDA($1,271)$4,189 $4,325 $4,448 $4,563 $4,668 $4,764 $4,850 $4,925 $4,988 $5,039 $5,074  Interest Expense$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0  Taxes Incurred($381)$928 $969 $1,006 $1,040 $1,072 $1,101 $1,126 $1,149 $1,168 $1,183 $1,194 Net Profit($890)$2,166 $2,261 $2,347 $2,428 $2,501 $2,568 $2,628 $2,681 $2,725 $2,761 $2,785 Net Profit/Sales-3.93% 9.34% 9.56% 9.73% 9.87% 9.96% 10.03% 10.07% 10.07% 10.03% 9.96% 9.86% Table: Cash Flow Pro Forma Cash Flow Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12Cash ReceivedCash from OperationsCash Sales$22,652 $23,187 $23,651 $24,124 $24,607 $25,099 $25,601 $26,113 $26,635 $27,167 $27,710 $28,262 Subtotal Cash from Operations$22,652 $23,187 $23,651 $24,124 $24,607 $25,099 $25,601 $26,113 $26,635 $27,167 $27,710 $28,262 Additional Cash ReceivedSales Tax, VAT, HST/GST Received0.00% $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 New Current Borrowing$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 New Other Liabilities (interest-free)$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 New Long-term Liabilities$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Sales of Other Current Assets$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Sales of Long-term Assets$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 New Investment Received$350,000 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Subtotal Cash Received$372,652 $23,187 $23,651 $24,124 $24,607 $25,099 $25,601 $26,113 $26,635 $27,167 $27,710 $28,262 Table: Cash Flow (Continued) Expenditures Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12Expenditures from OperationsCash Spending$8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 $8,171 Bill Payments$299 $8,830 $5,065 $6,547 $12,875 $13,296 $13,734 $14,188 $14,661 $15,152 $15,663 $16,194 Subtotal Spent on Operations$8,470 $17,001 $13,236 $14,718 $21,046 $21,467 $21,905 $22,359 $22,832 $23,323 $23,834 $24,365 Additional Cash SpentSales Tax, VAT, HST/GST Paid Out$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Principal Repayment of Current Borrowing$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Other Liabilities Principal Repayment$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Long-term Liabilities Principal Repayment$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Purchase Other Current Assets$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Purchase Long-term Assets$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Dividends$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Subtotal Cash Spent$8,470 $17,001 $13,236 $14,718 $21,046 $21,467 $21,905 $22,359 $22,832 $23,323 $23,834 $24,365 Net Cash Flow$364,182 $6,186 $10,415 $9,406 $3,561 $3,632 $3,696 $3,754 $3,803 $3,844 $3,876 $3,897 Cash Balance$364,182 $370,368 $380,783 $390,189 $393,750 $397,382 $401,078 $404,832 $408,635 $412,479 $416,355 $420,252 Table: Balance Sheet Pro Forma Balance Sheet Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12AssetsStarting BalancesCurrent AssetsCash$0 $364,182 $370,368 $380,783 $390,189 $393,750 $397,382 $401,078 $404,832 $408,635 $412,479 $416,355 $420,252 Inventory$26,000 $19,591 $12,857 $7,062 $7,412 $7,780 $8,167 $8,573 $8,999 $9,446 $9,915 $10,407 $10,924 Other Current Assets$30,950 $30,950 $30,950 $30,950 $30,950 $30,950 $30,950 $30,950 $30,950 $30,950 $30,950 $30,950 $30,950 Total Current Assets$56,950 $414,723 $414,175 $418,795 $428,551 $432,480 $436,499 $440,601 $444,781 $449,031 $453,344 $457,712 $462,126 Long-term AssetsLong-term Assets$329,800 $329,800 $329,800 $329,800 $329,800 $329,800 $329,800 $329,800 $329,800 $329,800 $329,800 $329,800 $329,800 Accumulated Depreciati on$0 $0 $1,095 $2,190 $3,285 $4,380 $5,475 $6,570 $7,665 $8,760 $9,855 $10,950 $12,045 Total Long-term Assets$329,800 $329,800 $328,705 $327,610 $326,515 $325,420 $324,325 $323,230 $322,135 $321,040 $319,945 $318,850 $317,755 Total Assets$386,750 $744,523 $742,880 $746,405 $755,066 $757,900 $760,824 $763,831 $766,916 $770,071 $773,289 $776,562 $779,881 Table: Balance Sheet (Continued) Liabilities and Capital Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12Current LiabilitiesAccounts Payable$0 $8,663 $4,854 $6,118 $12,432 $12,839 $13,262 $13,700 $14,156 $14,631 $15,123 $15,636 $16,170 Current Borrowing$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Other Current Liabilities$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Subtotal Current Liabilities$0 $8,663 $4,854 $6,118 $12,432 $12,839 $13,262 $13,700 $14,156 $14,631 $15,123 $15,636 $16,170 Long-term Liabilities$0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Liabilities$0 $8,663 $4,854 $6,118 $12,432 $12,839 $13,262 $13,700 $14,156 $14,631 $15,123 $15,636 $16,170 Paid-in Capital$402,050 $752,050 $752,050 $752,050 $752,050 $752,050 $752,050 $752,050 $752,050 $752,050 $752,050 $752,050 $752,050 Retained Earning s($15,300)($15,300)($15,300)($15,300)($15,300)($15,300)($15,300)($15,300)($15,300)($15,300)($15,300)($15,300)($15,300)Earnings$0 ($890)$1,276 $3,537 $5,884 $8,311 $10,812 $13,381 $16,009 $18,690 $21,415 $24,176 $26,961 Total Capital$386,750 $735,860 $738,026 $740,287 $742,634 $745,061 $747,562 $750,131 $752,759 $755,440 $758,165 $760,926 $763,711 Total Liabilities and Capital$386,750 $744,523 $742,880 $746,405 $755,066 $757,900 $760,824 $763,831 $766,916 $770,071 $773,289 $776,562 $779,881 Net Worth$386,750 $735,860 $738,026 $740,287 $742,634 $745,061 $747,562 $750,131 $752,759 $755,440 $758,165 $760,926 $763,711  INFORMATION AND FORMS ARE PROVIDED â€Å"AS IS† WITHOUT ANY EXPRESS OR IMPLIED WARRANTY OF ANY KIND INCLUDING WARRANTIES OF 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This template form allows a business to outline the company’s objectives and detail both current company information as well as any past performance. Companies should include a complete market analysis in their plan to help showcase why their business strategy will be effective in the market. Future company plans, including production targets, management strategy, and financial forecasting, should be used to demonstrate and confirm that the company’s short-term and long-term objective can and will be met. This model plan can be customized to best fit the unique needs of any entrepreneur or owner that is seeking to create a strong business plan. Business Plan for Restaurant Bar and Grill This Business Plan for a Bar and Grill Restaurant allows entrepreneurs or business owners to create a comprehensive and professional business plan. This template form allows a business to outline the company?s objectives and detail both curren[pic][?] Business Plan Bar & Grill. (2016, Mar 15). 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Meaning of Web 2.0 Essay Example | Topics and Well Written Essays - 1000 words

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Property Asset Management ( A professional Report) Essay

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Political Philosophy Essay Example | Topics and Well Written Essays - 1500 words

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In a culturally diverse word, the universality of human rights remains Assignment

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Life and Margaret Atwood Essay Example for Free

Life and Margaret Atwood Essay This quotation was taken from Margaret Atwoods story, Homelanding. This story recounts many aspects of human existence from an outside view, as if it was being told to an alien race. This story tells about human appearance, sex (both difference and the act of), sunbathing, sleeping, death, and many other human functions in a scientific way. This story takes a step away from the normal way of describing these objects. For example, Margaret Atwood talks about eating and describes it by saying I destroy and assimilate certain parts of my surroundings and change them into myself. Most people who have had human contact their whole life consider eating putting food in their mouths, chewing, and swallowing. This quotation at the beginning of the story shows that the author knows that she is writing this for a human audience. She starts this off with the line, Where should I begin? This is more of a conversational style that draws the reader into this as if she was talking directly to the reader. The human reader is supposed to take the role of the alien race. The reader has to take a duality of being both a human and from an alien race who has no knowledge of anything human. The next line restates this with, After all you have never been there; or if you have you may not have understood the significance of what you say or thought you saw. An alien race would never have been to earth, yet the human reader has spent his whole life on earth if never stopping to think of the significance of what he is seeing. The next line is: A window is a window, but there is looking out and looking in. This can be seen in all the number of times that someone sees something in someone else that the person does not see in himself. For example, often a teacher is responsible for helping a student develop a talent that was there but the student did not know that he had it. This story is attempting to do the same and show the reader characteristics that mankind has but do not know it has. In the next line, this is reiterated with the statement, The native you glimpsed, disappearing behind the curtain, or into the bushes, or down the manhole in the mainstreetmy people are shymay have only been your own reflection in the glass. This shows the reader is the reflection in the glass and is seeing a portrait of himself in the story. Storytelling is often used to teach a lesson to the reader or listener. One of the most read examples of this is the Bible. Jesus often spoke in parables to help teach lessons to his listeners. This story attempts to make us take a step away from  ourselves and see ourselves in a different light so we could possibly understand ourselves better.

Cybercrime Threat To E Commerce Information Technology Essay

Cybercrime Threat To E Commerce Information Technology Essay The growth of technology and the globalization of internet communication commerce have impacted significantly the way in which computer crimes are committed. However the widespread use of technology the internet for business transactions communications have exposed the industry to an increasing rate of cybercrime attacks. In this essay we analyze the security threats to e-commerce and look into the implications of cybercrime to online business. This essay also gives an overview of threat activity trends of the past years 2008-2009. Introduction Every era of business has yield new approaches and new ways of doing business. The internet has completely changed the way of doing business that the rules laid for corporate strategy from last 50 years have began to collapse. The role of internet has been vital and can be compared to that of the telephone. It is a technique for people to communicate with each other, a way for consumers to communicate with a service company without any human interference. The rapid growth of internet has opened many opportunities in every field in our daily life be it leisure, business, sports or education. However, internet also has its own disadvantages. One of the major disadvantages is cyber crime. It can be defined as illegal activity committed on the internet. There are several illegal activities that computer criminals carry out, i.e. e-mail spying, credit card fraud, spams, software piracy and others. In recent times companies have increasingly combine their systems with their vendors, suppliers customers. Thus, the risks they face increases. Companies prefer to shift toward self-service system within and among companies where they can get enormous opportunities for cost savings and other efficiencies in human resources, inventory, or billing. On the other side, this system makes the host companies increasingly vulnerable to security. Companies have become more conscious of maintaining their competitiveness and market leadership by giving more preference to e-commerce i.e. electronic way of doing business. The complexity of multinational companies, their reliance on technology, and the buildup interconnectivity among different system departments have led to the emergence of electronic-business: these are rapidly evolving developments that create widespread opportunities for theft, fraud, and other forms of exploitation by offenders both outside and inside and companies. The Definition of E-Commerce E-commerce deals with buying and selling of goods services by electronic means such as internet or other computer networks. E-commerce has captured the excitement and focus of todays emerging business. It is a paperless exchange of business information using electronic data interchange (EDI), electronic mail, electronic magazines, fax transmission and online fund transfer. It refers to online shopping, stock bond transactions, selling of software products, downloading (software, music, documents, applications etc) business to business transactions. Another example of e-commerce would be online banking, i.e. online bill payments, buying stocks, transferring funds from one account to another, and initiating wire payment to another country. Online shopping is widely famous as a part of e-commerce. Another hit business in the making over the vast world of internet is online shopping. This is done by companies that have the capacity to offer products to the public even if there are no actual shopping malls. Basically, the concept of e-commerce is all about using the internet to do business better and faster. Customers are given controlled access to company system and thus letting people serve themselves. As a result organizations are making a genuine online effort in integrating their website with the heart of business. In both regular commerce and e-commerce companies are always on the lookout for attracting potential buyers to their place of business. This is demonstrated by the organizations marketing tactics including advertising, word of mouth publicity etc. A companys website allows customers to find a good or service they desire. The customers pay accordingly and the product or service arrives at their doorstep a few days later. At such a high level of convenience more and more people are deserting high street shops to buy things on the Internet. This online shopping is essentially referred to be e-commerce. E-commerce sites mostly function in the same manner. Here customers search through lists and descriptions of products; they add items that they want to their Shopping Cart; they can remove unwanted items from their basket at any time; when they want to confirm their order, they click on a Checkout button; they must then enter their credit card details to pay for their order. Customers are then moved to a secure location to carry out online purchasing of their purchased order. To complete the transaction, they need to supply their shipping address and credit card number. E-commerce transactions generally take place through secure electronic connections and special merchant accounts for accepting payments. These are the fundamental processes of online shopping and online purchasing. Basically, the concept of e-commerce is all about using the internet to do business better and faster. The Definition of Cyber Crime Cyber crime can be defined as a crime committed over the internet by using computer as a tool or as a target. It is an illegal act committed by deception or misrepresentation by someone having a distinctive professional technical skill for the purpose of personal or professional gain or to gain an unfair advantage over other person. The rapid evolution of technology and internet among common masses has resulted in the growth of cyber crime. As business grows systems are becoming more and more sophisticated with less human interventions, although it is very important to monitor individual behaviors. Vulnerability to economic crime grows as organizations are still dependent on individuals as systems do not directly control. Lack of security enables criminals to disrupt the e-business process in several ways. Cyber criminals can be involved in denial of service attacks, fraudulent online applications for bank loans, extracting credit card information for resale or buying of more products etc. As internet has enabled doing business beyond or without borders it has become increasingly difficult to prevent investigate crimes. Like traditional crime, cybercrime can take many forms and can occur nearly anytime or anyplace. The only difference between traditional crime and cybercrime is that in cybercrime, computer or computer network are used to complete the crime, or is the target of the crime. The computer or device may be the agent of the crime, the co-coordinator of the crime, or the aim of the crime. The crime may take place on an individual computer or in addition to computers at other locations. Criminals committing cybercrime use a number of methods, depending on their skill-set and their goal. Cybercrime is, after all, merely crime with some sort of computer or cyber aspect. E-commerce threats The most significant issues of E-commerce threat are outlined as follows. Malware E-commerce operators have to be careful about worms, viruses other malicious software as they possess biggest threat to network systems. An infected system may affect the operations of the entire business services and may result in a revenue loss and may also possess the possible chances of identity thefts which happen to be of a greater concerned through customers perspective. An example of this was the Bugbear worm in September 2002; it had a keystroke logging capabilities which exposed the risk of capturing users personal details if a transaction was initiated from the infected system. A total of 28940 different malicious and potentially unwanted programs were detected on users computers in August 09. That is an increase of more than 8,000 on Julys figures and points to a significant increase in the number of in-the-wild threats. http://www.kaspersky.com/news?id=207575678 Denial-of-Service (DOS) It is the intentional breakage or blocking of legitimate access by unauthorized user by flooding the victim site with unwanted traffic. Perpetrators of DoS attacks typically target sites or services hosted on high-profile  web servers  such as banks,  credit card  payment gateways, and even  root name servers.  The most recent example was on 6th August 09 when millions of tweeter users were silenced by the DOS attacks which ultimately led to shutdown of Twitter for hours. Not only was the site down, but client applications that depend on the Twitter API could also not connect to the service, creating a complete Twitter blackout. Defacement An organizations website represents its E-business processes. It is always meant to convey the accurate information and to give the best impression to its users. Hence it is important to protect the site from vandalism unauthorized alteration of its content. Defacement have posed a significant threat to websites running unpatched Web server software, such websites have become a relatively easy target even for amateur hackers. The potential impact for an E-business could be greater for a site that is purely providing information services. For example, encountering a defaced site has the potential to cause lasting damages to the customers impression of the business, and in particular to the perception of its security. Datastreaming Datastreaming involves bulk theft of personal data (credit card details an individual) or groups hacking into specific systems which explicitly targets the E-commerce domain.

What is the Difference Between AC and DC :: electricity electric current

What is Current. First off, what is current. Current is expressed in a unit called Amps. Amps are a measurement of how many electrons pass per second. That is to say, a wire with 40 coulombs passing any point in a 2 seconds would be said to have 20 Amps of current (40 Coulombs (a unit of charge given as 6.24x1018 electrons) / time in seconds or in this case, 2 seconds. The Amp is also known as Coulombs per second) Another trick about current is that it is measured in the movement of the positive charge. Literally that is to say the current moves in oppostion to the electrons. This is because originally it was thought that the positive charge is what moved, both are viable, but in reality a positive charge is generally fixed since within an atom the electrons are migratory, while the protons and neutrons tend to be stationary. What is AC/DC? AC and DC literally stand for Alternating Current and Direct Current. Direct Current is very convenient and is used in many modern day utilities. For a circuit with DC the current is constanly in one direction, while the voltage remains constant. This makes for a simplistic circuit, for example a flashlight, The batteries are a source of electrochemical DC power and . However AC is called Alternating Current because the voltage changes from negative to positive a given number of times a second, this is also described as the frequency of the power. An example of this would be a motor ran by a hand crank. The inversing of charges creates a sinusoidal graph which looks something like figure 1 (given in radians). This makes for an unsteady power source and can often times be warped from the sinusoidal shape. So the main difference between AC and DC is the way the energy is transmitted. Why are we using Alternationg Current today? There are a few reason although mainly it was due to the technology of the late 1800's and early 1900's. Nikola Tesla being one of the leading scientists for Alternating Current, created a way to run engines and also convert AC Volts and Amps. He came up with this while he was supposedly in a park in Budhapest. He sat down and drew out the basic diagram of a motor run by a magnetic flux.

Freeport, Bahamas :: essays research papers

For those who like to relax, fish, water sports like snorkeling and jet skiing, I have the perfect place- Freeport, Bahamas is divided into sections that represent different parts of the world, each with its own collection of shops and restaurants. Blessed with the perfect location, less than 100 miles off the coast of Florida; the perfect climate, averaging a little over 75 degrees; and the perfect environment, with crystal clear turquoise blue waters and pearly white sandy beaches. Because the weather is warm all year, makes Freeport a great spot for tourism. I went there for spring break to get away from the cold weather of Chicago. I could not imagine at the time how relaxing a place could be. I received an invitation to go from my girlfriend, she told me that her cousin family had a time share there and invited her along and told her she could invite someone of her own. The Florida natives call these tourists "Snowbird" or "blue-hairs." Th ese tourists really do earn these unsavory titles because they all drive five miles an hour. This makes the locals crazy. After the snowbirds leave, all of the summer tourists arrive. These are usually families driving mini-vans with ten bratty kids wh o are all out of school for the summer. Just imagine that you are sitting on the beach, smelling the salt air, and feeling the cool breeze. The sun is slowly melting into the ocean and the sky is the shade of bright purple that can only be seen at dusk. It has been a long, hot day in the sun, and it feels nice to finally let it end. This is what living in Freeport, Bahamas is all about. The resort has only two chalets, each one situated on one side of the lake. There are many tow-days contests taking place here. The participants are from many different countries and they come here to have fun and do what they like and know best: extreme ski and snowboard. Snowboard is relatively a new extreme sport in Romania, but there already are many kids who practice it. Parties where everyone is having a good time and creating a friendly atmosphere, one would say specific to this place follow the contests. The party lasts till late in the night, when a peaceful silence covers the mountains.

Comparing Canterbury Tales, Burgermeisters Daughter and the Writings o

Image of Women in Canterbury Tales, Burgermeister's Daughter and the Writings of Thomas Aquinas    What was the predominant image of women and women's place in medieval society? A rather sexist or misogynistic view--by twentieth century standards of course--was prevalent among learned clerics. The writings of the theologian Thomas Aquinas typify this view. But although the religious of Europe's abbeys and universities dominate the written record of the period, Thomistic sexism was not the only view of women's proper role. In his Canterbury Tales, Geoffrey Chaucer portrays women in a much more positive way, characterizing them as somewhat empowered. Actual historical events, such as the scandal and subsequent litigation revolving around Anna Buschler which Steven Ozment details in The Burgermeister's Daughter, suggest something of a compromise between these two literary extremes. While it is true that life was no utopia for medieval women, neither was life universally horrible or society thoroughly misogynistic.    The Church's views on women had deep scriptural roots. In his letter to Timothy, the apostle Paul writes "Let a woman learn in silence with all submissiveness" (1 Tim. 2:11). This view rests on the story of Eve's creation as a helper--not an equal--to man from the rib of Adam in Genesis. It also condemns Eve, and by association all women, for allowing the serpent to trick her into Original Sin. In Summa Theologica, Aquinas extends Paul's argument for female inferiority even farther: As regards the individual nature, woman is defective and misbegotten, for the active force in the male seed tends to the production of a perfect likeness in the masculine sex; while the production of woman comes from defect i... ...quinas did not by themselves represent the views of society at large--although society by no means completely ignored them. Aquinas and Chaucer's Wife of Bath represent two extreme views of medieval women, while the real nature of women's condition in the period lay somewhere in the middle. Any 20th century ideas of wholesale female oppression in the middle ages are relativist "myths" which serve to glamorize the modern period rather than describe historical reality. Endnotes 1 By the 11th century, roughly two centuries before Aquinas, even parish priests had become generally celibate, suggesting the widespread adoption of this practice among clergy by the 13th century (Western Heritage, 190). 2 Interestingly, the knight's crime is rape, a crime against women. His quick punishment for the rape further highlights some security enjoyed by medieval women.

Classroom Behavior Managment: Common Mistakes Essay

Mistakes are common in the classroom, but there are tips on how to manage your classroom that will eliminate the chaos and help your students learn. Prevention is an effective form of behavior management. From the beginning you need to establish a set of rules and regulations so that the students know your expectations. There are twelve common classroom behavior management mistakes, but are followed by suggestions as to what we should do instead. The systems should be able to meet the changing needs of the classroom and students. The first few mistake rules are basic concepts that teachers need to know. One is being able to define misbehavior by its function not by how it looks. Number two and three is to assess the behavior directly instead of asking a question or approaching the problem in a different way instead of trying harder for it to work. Number four is to set and establish classroom rules right away, but do not have too many because it makes it more difficult for both the teacher to enforce and students to comply. The fifth one is to treat some behaviors as â€Å"can’t dos† like lack of skills not all as â€Å"won’t dos† as in lack of motivation. Number six is an easy fix by planning transition time appropriately instead of lack of planning. Number seven has true knowledge by ignoring wisely instead of ignoring all or nothing at all. Make sure to understand what you should ignore and what you should not. Number eight moves onto misuse and overuse of time out. The student’s reinforcement opportunities are withdrawn when in time out. Moving onto number nine is that you should have clear expectations of your students that you reinforce consistently. Your students are more likely to obey when the teacher is consistent than when they are inconsistent. Number tens mistake is not including others in your management efforts. The classroom will be more effective if parents, students and others are involved. Number eleven and twelve are about using academic instruction as a tool and taking the misbehavior professionally not personally. A brief review on the common mistakes is useful for developing a comprehensive behavior management plan. Reflection: I enjoyed reading this article because the main thing I look for when I go into my field experiences is the different classroom settings and figuring out how each classroom is run differently. Teachers have their own behavior management techniques and they all handle situations differently. This article is really going to help me in my future because I now know the common mistakes teachers make and I can look for them when I am in my fields. I thought that this article was well written and gave just enough information and examples for each mistake. What I think is most important is prevention because if you can stop it before it starts then hopefully you illuminate the problem all together. I really do believe in getting the ground rules set early so that the students know your expectations. You should not over load them with tons of rules but if you have a good set of four to six rules that could govern classroom situations then I believe that you will have less behavioral problems. I think that this article is worthwhile and I would recommend it to other teachers because maybe by me passing on this article I could help another teacher get their class behavior under control. Some teachers are old fashioned and need new direction and passing an article on like this one could be beneficial for any teacher. I really thought that this article was knowledgeable. I learned more than I thought I would and any teacher would benefit from reading and applying this to their classroom.

Enhance Jobseekers Level Of Employability Education Essay

The intent of this survey is to find the extent to which the Employment and Training Corporations preparation programmes enhance jobseekers degree of employability. The thesis is divided into chapters to supply: a reappraisal of related academic literature, an overview of the methodological analysis, a presentation of the findings, and a decision drawn from the survey. The appendices contains paperss used during the research procedure such as the inquiries used for treatment, the questionnaire, the superior lists and rating sheet, the moralss blessing signifier, the engagement letters and consent signifiers and a list of ETC preparation programmes for mention. In this thesis, there were two cardinal countries which needed to be tackled ; the acquisition procedure and employability. Therefore each nucleus subdivision is structured to give consideration to these issues. The first chapter provides an overview of the Maltese labor market and of the services offered by Malta ‘s public employment and preparation corporation, the ETC. The purpose and intent for this survey will besides have in this chapter.1.1 The Maltese Labour ForceMalta is a little island with a little population. Though â€Å" aˆÂ ¦ the population of Malta has about doubled, from 211,564 in 1911 to 416,055 in 2011aˆÂ ¦ † ( NSO,2012a ) . Harmonizing to the ETC ( 2011: 12 ) , at the terminal of August 2011 there were 149,751 gainfully employed persons on full-time footing with an addition of 2,551 when compared to August 2010. Therefore despite the unfavorable economic alterations, Malta registered an addition in the figure of individuals in employment ( ETC, 2011:12 ) . Last July, the Times of Malta ( 2012 ) announced an addition of 180 in the figure of registered unemployed in Malta and a lessening by 26 in Gozo. Besides it is interesting to observe that every bit presented by the NSO ( 2012b ) , this twelvemonth in Malta the rate of employment among females increased by 3 per centum points whilst there was a little lessening of 1 per centum point among males. This activity rate indicates that there was a strong betterment in the labour market public presentation amongst females. Whereas the chief part of males was in the 55 and older age brackets bespeaking an ageing labour force and the consequence of the addition in the retirement the ETC ( 2011: 7 ) . In add-on there was a lessening in the employment rate for young persons ( ETC, 2011: 7 ) . The ETC claims that this may be attributed to occupation hunt and economic alterations which may be making some troubles for immature jobseekers ( 2011: 7 ) . Furthermore the ETC besides keeps records of the little and average sized endeavors that make up the Maltese industry. The private sector is the major sector in fact â€Å" The private sector represented 72.6 % of entire full-time employment, which increased by 1.8 % between August 2010 and August 2011 † ( ETC, 2011: 12 ) . Tourism and related services are considered as cardinal employers in Malta. Harmonizing to the Institute of Tourism Studies ( 2012: 7 ) ; â€Å" Tourism is inseparable from the Maltese economic model † and it is portion of the Maltese civilization.1.1.1 European TargetsThe undermentioned two sub-sections will exemplify the European and National marks with respects to instruction and employment. As stated by the European Commission ( EC ) ( 2012 ) , a figure of employment schemes were implemented by the EU such as the ‘Europe 2020 ‘ for economic growing and increasing employment across the Union. Harmonizing to the EC ( 2012 ) , by 2020 th e EU must make the undermentioned marks with respects to instruction and employment ; 75 % of the population between the ages 20 and 64 must be employed ; early school departers must be reduced to be under 10 % and ; at least 40 % of those between ages 30 and 34 must hold pursued higher instruction.1.1.2 National TargetsThe local authorities enterprises can be found in Malta ‘s first National Reform Programme which contains 27 different steps aimed at guaranting that Malta reaches the Europe 2020 marks ( MFIN, 2012 ) . The marks were developed on Malta ‘s demands to advance growing and occupations and as: â€Å" Government believes that a timely and effectual bringing of the proclaimed policy steps in the first NRP under the Europe 2020 Strategy is a requirement for driving frontward economic reclamation every bit good as beef uping Malta ‘s fight † ( MFIN, 2012: 19 ) . Furthermore the marks set for the European Union ( EU ) , related to employment and preparation in Malta are outlined below: Puting the employment mark rate at 62.9 % by 2020. Reducing the rate of early school departers to 29 % by 2020 and ; Escalating the figure of those that completed third instruction from 30 boulder clay 34 old ages old to 33 % by 2020 ( MFIN, 2012: 75 ) . Despite the addition in the rate of employment in Malta from 58.2 per cent in 2000 to 62.0 per cent, it is still below the EU-27 norm, 71.4 per cent ( MFIN, 2012: 4 ) .1.2 The Employment and Training CorporationIn Malta, the employment information is gathered by the ETC which maintains a national computerised database of employees and jobseekers to place and react to labor and skill deficits ( ETC, 2011 ) . In add-on the ETC ( 2010e ) offers general and specific preparation to registered unemployed jobseekers and to individuals in employment who wish to heighten their cognition, competences and accomplishments. More specifically, ETC aspires in: â€Å" Enhancing employability by urging policies and implementing enterprises aimed at authorising, helping and developing jobseekers to ease their entry or re-entry into the active employment market, advancing work force development through accomplishments and competence development, and by helping employers in their enlisting and preparation demands † ( ETC, 2010a ) .1.2.1 ETC Employability ProgrammesThe corporation is besides actively involved in the development of a figure of employment steps such as: The ‘Occupational Guidance ‘ where occupation searchers are assisted by ETC employment advisers to place their occupational penchants and are referred to allow preparation programmes organised by ETC or by other administrations ( ETC, 2010b: 6 ) . The ‘Personal Action Plan ‘ which takes topographic point when a individual goes to the ETC to register on portion 1[ 1 ]of the unemployment registry for the first clip and is allocated an employment adviser ( ETC, 2010b: 6 ) . The ‘Supported Service for Persons with Disability ‘ and ‘Bridging the Gap ‘ which mark registered handicapped individuals and individuals in deprived state of affairss by offering them all the support needed for them to happen employment ( ETC, 2010c ) . The ‘Community Work Scheme ‘ which aids the long-run unemployed[ 2 ]addition work experience and to heighten their accomplishments ( ETC, 2011: 17 ) . The ‘Work Trial Scheme ‘ ( WTS ) which was launched in 2009 and is good as it provides a 13 hebdomad on-the-job preparation for the disadva ntaged groups ( ETC, 2010b: 19 ) . The ‘Employment Aid Programme ‘ ( EAP ) which besides helps disadvantaged groups by aiming those with no work experience, or who have been unemployed for a long period ( ETC, 2011: 21 )[ 3 ]. The ‘Employment in the Social Economy ‘ which AIDSs disadvantaged and handicapped individuals in happening employment with non-commercial administrations ( ETC, 2010d ) .1.2.2 ETC Training ProgrammesIn add-on to its services, the Corporation operates a figure of developing programmes and strategies to ease the integrating of jobseekers in the labour market: The ‘Training Aid Framework ‘ ( TAF ) which offers direct subsidies of the cost of developing to heighten cognition and accomplishments of the employees in the private sector ( ETC, 2010b: 22 ) . The ‘Apprenticeship schemes ‘ to develop childs to get the accomplishments needed in the labor market and to fix them for employment ( ETC, 2010b: 19 ) . The ETC ( 2010 ) besides offers preparation classs which range from direction and development classs to basic accomplishments and trade classs ( Appendix I ) .1.2.3 Political and Legislative AspectsFurthermore the ETC is affected by a figure of political and legislative issues modulating employment in Malta and its authorization derives from the Employment and Training Services Act ( 1990 ) ( PricewaterhouseCoopers, 2010: 1 ) . The Social Security Act besides affects ETC ‘s enrollment services, because a jobseeker must be seeking work to be entitled to societal benefits ( PricewaterhouseCoopers, 2010: 20 ) . Whereas the ETC ‘s employment licenses subdivision is governed in portion by the Immigration Act ( PricewaterhouseCoopers, 2010: 2 ) . The ETC is besides indirectly affected by the Employment and Industrial Relations Act and the Conditions of Employment ( Regulation Act ) which regulate employment ( PricewaterhouseCoopers, 2010: 1 ) .1.3 Research PurposeAdditionally t his survey will concentrate on Malta ‘s public employment bureau, the ETC in order to pull up a series of recommendations towards its preparation methods. This job was chosen as a scheme towards the type of acquisition and preparation needed to turn to the development of jobseekers that are willing to get new accomplishments. Therefore this survey seeks to lend to academic thought by foregrounding the importance of larning and development and by advancing employability. The extent to which the ETC preparation programmes enhance employability will be examined through a post-positivist attack and a mixed-methodology. In fact through the usage of focal point groups and semi-structured interviews, the research worker will derive the positions of both jobseekers and employers towards the ETC preparation programmes. The supply side will besides be taken into consideration through a concluding semi-structured interview with the Chief Executive Officer ( CEO ) of ETC. Furthermore the research worker chose to research this cardinal research job after detecting jobseekers ‘ behavior during assorted developing programmes at ETC, which is the research worker ‘s workplace. Besides the ETC has presently conducted a telephone study among persons ( registrants and non-registrants ) to happen out the ground why many of the appliers did non turn up for the preparation programmes recommended to them in the last twelvemonth therefore the survey is seasonably with the current events. Subsequently the thesis will seek to reply the research job by trying three research inquiries: What are the features of jobseekers seeking clerical businesss? What are the employers ‘ outlooks when seeking prospective recruits for vacant clerical stations? What are perceptual experiences of registering jobseekers and employers towards ETC developing programmes? These research inquiries will help the research worker in placing the employability degree of jobseekers and if there is a spread between jobseekers ‘ accomplishments and capablenesss and employers ‘ demands and outlooks. Furthermore the survey ‘s purpose and aims will help the ETC better its preparation programmes. Chapter 22.0 Literature ReviewWhile carry oning the reappraisal, there was a important sum of literature which was relevant to the cardinal countries explored in this survey. The challenge was to place the writers that contributed in the most important manner to the survey. The organic structure of the literature is classified into two countries: acquisition and employability.2.1 Learning, Education, Training and DevelopmentHodkinson ( 2005: 110 ) argues that larning can be understood from different theoretical places such as acquisition by take parting in activities and acquisition by building one ‘s ain apprehension. Hodkinson ( 2005: 116 ) portrays larning as being loosely similar in different contexts and it can be general or specific. While Jarvis ( 2010: 17 ) explicates that as society is altering so is the context in which we learn. Fragroso et Al. ( 2011 ) contribute to this argument by exemplifying development and grownup acquisition in Europe. The writers claim that t he current economic alterations should be considered as an chance to larn at a local and planetary degree ( Fragroso et al. , 2011: 42 ) . While transporting out the literature reappraisal, the research worker noticed that many writers differentiate formal acquisition from informal larning. Indeed Van Dam ( 2012: 49 ) provinces that formal acquisition is curriculum based and can develop an person ‘s competencies. Whereas Engestrom ( 2004 ) considers informal direction ideal in a workplace to guarantee that ends and marks are met. The work of Engestrom is supported by Boud and Middleton as it describes informal acquisition as another acquisition option. Boud and Middleton ( 2003: 195 ) portray informal acquisition as â€Å" portion of the occupation † or a mechanism for â€Å" making the occupation decently † . â€Å" Although acquisition is by and large perceived as a manner to better employees ‘ current occupation public presentation, so far no research has been conducted to research the possible relationships between formal and informal acquisition, on the one manus, and employability, on the other † ( Van der Heijden et al. , 2009: 19 ) . Van der Heijden et Al. ( 2009: 19 ) chose to research the consequence of larning on employability by administering an e-questionnaire amongst 215 Dutch non-academic university pupils. The work of Van der Heijden et Al. ( 2009 ) , demonstrates the demand of supplying more formal preparation chances to employees as practical acquisition is non plenty to heighten their degree of employability. Additionally the relevancy of Van der Heijden ‘s work will be discussed in the findings of the survey. Education and preparation are besides important in the acquisition and development procedure. In fact â€Å" Education is the longer-term procedure that is to make with the rounded formation of the whole person † ( Harrison, 2002: 4 ) . Durkehim ( 2004 ) defines instruction as the cognition gained officially from experiences. While preparation has been defined by Armstrong ( 2006: 535 ) as â€Å" The systematic development of the cognition, accomplishments and attitudes required by an single to execute adequately a given undertaking or occupation † . Additionally a societal experiment was conducted by Rosholm and Skipper ( 2009 ) , to find whether schoolroom preparation is good to the unemployed. In this experiment, the findings indicate that preparation may increase the clip spent in unemployment for an person who has merely completed the preparation programme ( Rosholm and Skipper, 2009: 361 ) . However this hazard is for a short term as in the long tally, preparation does heighten an person ‘s employability ( Rosholm and Skipper 2009 ) . Rosholm and Skipper ( 2009 ) insist that farther research should be done to verify if higher rewards are so offered to the trained individual. Apart from analyzing developing demands, this survey will besides mensurate the effectivity of the ETC preparation programmes in developing jobseekers ‘ potencies. Harmonizing to Baum ( 1995 ) ‘development ‘ can take topographic point at any clip and there is non a definite manner of how it occurs. Additionally Garavan ( 2007: 27 ) argues that larning and development are cardinal to ease the development of a learning civilization. The work of Garavan ( 2007 ) is of import for this survey as it demonstrates that development focuses less on larning outcome as possibly preparation does and is more on heightening employability. Antonacopoulou ( 2000: 260 ) argue that in order to understand the relationships between acquisition, instruction, preparation and development there is a demand to understand these procedures at different degrees of the hierarchy ; at an person and organizational degree. Antonacopoulou ( 2000: 260 ) claim that the holographic position can assist heighten the apprehension of the nature of acquisition, instruction, preparation and development in society ( Illustration 2-1 ) . Illustration 2-1: The relationships between acquisition, instruction, preparation and development Beginning: Antonacopoulou ( 2000: 260 )2.1.1 The Learning ProcessIn this thesis, the acquisition procedure is considered cardinal for heightening persons ‘ potencies. The acquisition procedure and the different acquisition manners adopted by jobseekers will be observed through the research methods adopted. David Kolb claims that â€Å" acquisition is the procedure whereby cognition is created through the transmutation of experience † ( Kolb, 1984: 38 ) . Harmonizing to Kolb ( 1984 ) the learning rhythm starts from experience, the development phase and so the decision-making portion ( Illustration 2-2 ) . Illustration 2- 2: The Experiential Cycle of Learning ( based on Kolb, Rubin and McIntyre, 1974 )Concrete experience( Planned or accidental )Brooding observation( Actively believing about the experience, its basic issues, and their significance )Active experimentation( Trying out the acquisition in other similar state of affairss: creativeness, decision-making )Abstract Conceptualisation( Generalizing from contemplations, analyzing, in order to develop a organic structure of thoughts, a theory or principlesaˆÂ ¦ ) Beginning: Harrison, R. ( 2002: 8 ) In add-on Chan ( 2012: 406 ) tested Kolb ‘s theory by carry oning an experiential undertaking to detect pupils ‘ larning procedure. Through the findings, Chan ( 2012: 405 ) affirms that Kolb ‘s larning procedure produces a assortment of larning results. Chan ( 2012 ) supports Kolb ‘s theory as it allows the scholar to reflect, pattern and act in a cyclic procedure. â€Å" Experiential acquisition can be defined as the development of personal apprehension and accomplishments through the analysis of, and contemplation on, activity † ( Moody, 2012: 16 ) . In a survey conducted by Moody ( 2012 ) , even employers are confident that experiential larning delivers consequences. Furthermore Kolb ( 1976 ) identifies four acquisition manners which can be adopted by different sorts of scholars: The Activists- Learning through practise The Reflectors- Learning through observation and judgment The Theorists- Learning through enterprises affecting new thoughts, constructs and constructions Experimenters- Learning by proving theories. A learning manner is the ability of an single to obtain information in a peculiar manner or combination of ways ( Zapalska and Brozik, 2006 ) . Research on larning manner started in the late 19th century and it was documented that there were different manners adopted amongst scholars ( Zapalska and Brozik, 2006: 326 ) . Harmonizing to Rogers ( 2002: 111 ) we tend to utilize all acquisition manners but we prefer to utilize one or two more than the others. Illustration 2- 3: Learning manners based on larning rhythm Militants Reflectors Experimenters Theorists Beginning: ( Rogers, 2002:110 )2.1.2 Diversity of Ways of LearningFurthermore Rogers ( 2002: 88 ) explores four types of larning theories: those that focus on the scholar, on the context, on the undertaking undertaken and on the procedure involved. Learner-based theories include the behavioristic theories and the cognitive theories ( Rogers, 2002 ) . Harman and Brelade ( 2000: 14 ) , posit that the behaviorist theories enhance an person ‘s motive to larn by acknowledgment or honoring the person when marks and ends are met, by making activities to look frontward to and by offering all the support needed. Additionally Burns ( 2002: 114 ) describes behaviorism as the â€Å" comparatively lasting alteration in behavior † . Skinner ‘s work is besides of import within the context of this survey as it contributes to the apprehension of the acquisition procedure by external influences. Indeed Skinner illustrates the importance of positive and negative supports during acquisition ( 1978 ) . Skinner ( 1978 ) encourages uninterrupted support on behalf of the trainer as it increases the rate of larning whilst intermittent support retains what is being learned in an appropriate context. Furthermore in a survey conducted by Fuller and Unwin ( 2005 ) , the workers are seen keener to larn if the preparation concerned is relevant to their day-to-day undertakings and if it helps them better and work more efficaciously. Harmonizing to Fuller and Unwin ( 2005: 22 ) , there are two types of larning that new entrants experience when in a work environment ‘learning as attainment ‘ and ‘learning as engagement ‘ . ‘Learning as attainment ‘ involves all the preparation chances offered by the administration to heighten the new recruits ‘ accomplishments and cognition whereas ‘learning as engagement ‘ is the apprehension of larning to work in a societal environment ( Fuller and Unwin, 2005 ) . Harmonizing to Rogers ( 2002 ) other larning theories are built on the analysis of one ‘s personality and on the scholar ‘s actions. Besides Rogers ( 2002 ) argues that there is diverseness of ways of acquisition and there is no consensus about larning. In this thesis, acquisition is considered cardinal in heightening jobseekers ‘ potencies and employability.2.1.3 Analyzing preparation demandsIn add-on acquisition and public presentation happen during the transportation of preparation ( Vermeulen and Admiraal, 2009: 65 ) . Harmonizing to Vermeulen and Admiraal ( 2009: 52 ) , developing refers to the planned and organised learning while transportation is the application of what is learnt in different contexts. The analysis of developing transportation will assist place jobseekers ‘ specific larning manner. Zapalska and Brozik ( 2006: 237 ) argue that there are many techniques the trainer can utilize to place a learning manner and the first measure is to execute a preparation demand analysis. A preparation demand analysis provides a benchmark of the accomplishments trainees possess prior being submitted to a preparation programme and will increase the effectivity of preparation ( Blanchard and Thacker, 2003: 116 ) . Blanchard and Thacker ( 2003:116 ) imply that â€Å" A preparation demand analysis is of import because it helps to find whether a lack can be corrected through preparation † .2.1.4 Design, Development and Delivery of Training ProgrammesSubsequently in order to implement an effectual preparation programme, Vincent and Ross ( 2001: 37 ) suggest the undermentioned stairss: Planing including choice of trainers ; Planing and developing the preparation programme ; Implementing with the usage of presentations and interactions and ; Measuring and following-up productiveness and betterments. Similarly Ghosh et Al. ( 2012 ) imply that the choice of the trainer is the first and first of import component when be aftering a preparation programme. The trainer must possess cognition on the topic of the programme: â€Å" However, mere ownership of cognition is non sufficient ; the trainer must be articulate plenty to make out to the participants with the constructs being covered in a programme † ( Ghosh et al. , 2012: 198 ) . In order to implement an effectual preparation programme, the trainer should see the acquisition theories prior the design of the preparation programme ( Vincent and Ross, 2001: 37 ) . Additionally Werquin ( 2012 ) argues that cognition of larning results is cardinal during the class ‘s design and it is indispensable for the labor market and for employers. â€Å" The construct of larning results is at the bosom of many research programmes and policy responses † ( Werquin, 2012: 159 ) . Learning results focus non merely on the content of the preparation programme but besides on the aims and what the scholar is expected to accomplish at the terminal of the class ( Werquin, 2012: 159 ) . â€Å" Training research has typically found inconsistent relationships between trainees reactions to the existent preparation event ( besides normally referred to as developing satisfaction ) and larning results † ( Orvis et al. , 2009: 960 ) . A related issue is present in the findings of an experimental survey conducted by Orvis et Al. ( 2009 ) which investigates the acquisition procedure in an e-learning environment. The consequences suggest that farther research is needed on how to prosecute scholars for case by including learner control tools in the preparation programmes ( Orvis et al. , 2009: 969 ) . In fact Long et al. ( 2011 ) claim that games are an extra effectual method which trainers can utilize to excite acquisition and buttocks. Besides Dwyer ( 2004: 82 ) suggests that the ambiance and environment in which larning takes topographic point affects the sum of acquisition and the perceptual experience of scholar. This can be illustrated in a instance survey conducted by Hodkinson and Hodkinson ( 2004 ) , where the trainers ‘ temperaments and relationships with workers are seen holding an of import consequence on the acquisition procedure. Besides harmonizing to Arends ( 2009 ) trainers can change their lessons through formal or informal activities. It is interesting to observe that the development phase is the most clip consuming as â€Å" All elements of a peculiar preparation programme are determined during the development stage † ( Blanchard and Thacker, 2003: 23 ) . Harmonizing to Blanchard and Thacker ( 2003 ) once the preparation stuff is ready, pilot-testing can be performed during the execution stage and some minor alterations can be made in the developed content.2.1.5 Evaluation of Training ProgrammesFollowing execution there is the rating stage which involves informal and formal observation, and the usage of treatments or questionnaires to roll up feedback from the scholar ( Dwyer, 2004 ) . Likewise Scruggs and Mastropieri ( 2010: 222 ) argue that rating can take topographic point in a assortment of signifiers such as on a one-to-one footing, whole-class activity or written. The rating stage is critical to the success of a preparation programme ( Wang and Wilcox, 2006: 532 ) . In an article by Wang and Wilcox ( 2006: 529 ) , the rating procedure is classified into two classs: formative rating which provides information for the design of the preparation programme and ; summational rating which is more focussed on larning results and benefits. Tennant et Al. ( 2002: 234 ) claim that there are a figure of theoretical accounts for mensurating the effectivity of a preparation programme such as the Kirkpatrick theoretical account which measures the alteration in accomplishments as a consequence of preparation and the CIRO theoretical account which measures the alteration in accomplishments prior and after preparation. Furthermore when developing an evaluating methodological analysis, one must take into consideration the group concerned and in obtaining consensus from participants prior the rating procedure ( Dwyer, 2004 ) . Lee and Pershing ( 2002: 176 ) besides emphasise on the demand of analyzing the participants ‘ reactions to the preparation programme. In a survey conducted by Lee and Pershing ( 2002 ) , it was concluded that a well-designed preparation programmes occurs when there is a proper design standards.2.1.6 The ETC Training ProgrammesThe primary aim of this survey is to mensurate the effectivity of the ETC preparation programmes. Article 16 of the Employment and Training Services Act ( 1990 ) , states that the Corporation shall supply developing programmes to help persons in happening employment or to better or update their cognition and accomplishments to increase occupation chances and calling aspirations. Furthermore the ETC ( 2010b ) purposes to expect future labour market n eeds to prolong or construct persons ‘ employability. The ETC ( 2011: 14 ) declares that the current preparation programmes are funded by the Employability Programme which is a constituent of the European Social Fund 2.4 and are unfastened to both unemployed registrants and to use or inactive individuals ( Appendix I ) . Besides the ETC ( 2010g ) procures and provides the preparation equipment, the installations, and the clerical and administrative support to trainers. An of import constituent which was losing by the ETC is the Training Programmes Design and Quality Assurance Unit. This unit has been set to re-design and develop new ETC preparation programmes and is working for the acknowledgment of the preparation programmes sought from the Malta Qualification Council ( ETC, 2010f ) . It is interesting to observe that in 2011, â€Å" The entire figure of participants in ETC preparation classs was of 15,072 hence there was a 10 % addition on the old twelvemonth † ( ETC, 2011: 9 ) . In 2011 there was besides an addition of 27 % in female engagement in ETC preparation classs ( ETC, 2011:9 ) . However this twelvemonth a telephone study was conducted by the Research and Development Unit at the ETC, to analyze why about two tierces of persons using for Office Skills, IT, Trade, Technical and Care Worker developing programmes did non turn up on the day of the month scheduled ( R & A ; D, 2012: 2 ) . Consequently one inquires â€Å" Why do so many preparation Sessionss seem to blow everyone ‘s clip? † ( Dwyer, 2004: 79 ) . Harmonizing to the findings, the grounds why many of the respondents did non take part in the ETC class were the long waiting lists and others claimed that they were ne'er contacted to get down the class ( R & A ; D, 2012: 11 ) . A smaller per centum did non go to due to occupation committednesss whilst for the remaining, the clip indicated for the class was non suited ( R & A ; D, 2012: 11 ) . This survey will detect in more depth the jobseekers ‘ positive and negative positions towards the ETC preparation programmes.2.1.7 Developing a jobseeker ‘s possibleA similar research was carried out by Larson and Milana ( 2006 ) which establishes that the deficiency of engagement in grownup instruction and preparation is due to: deficiency of clip and/or energy deficiency of motive in re-entering instruction deficiency of courses/equipment deficiency of support and ; deficiency of assurance in ain competences. Harmonizing to Larson and Milana ( 2006 ) , deficiency of clip and/or energy is more likely to be a barrier to adult females than work forces, whereas deficiency of assurance can be more of a barrier to young person and seniors. Similarly when grownup instruction and developing engagement surveies were analysed in Canada, it was observed that the chief grounds for many non go toing classs were fiscal issues, developing conflicted with work agenda, deficiency of family-friendly steps and preparation offered at an inconvenient clip ( Peters, 2004 ) . This is farther supported by Cullen ( 2011 ) whose findings indicate that jobseekers express a negative attitude towards preparation and employment due to several societal barriers. Furthermore Martin and Grubb ( 2001: 32 ) argue that when labour market programmes are mandatory to jobseekers they are less effectual. Blanchard and Thacker ( 2003 ) widen this farther when saying that a individual ‘s public presentation depends on a figure of factors such as motive, cognition accomplishments and attitudes and the environment ( Illustration 2-4 ) . In this survey, the research worker will analyze the jobseekers ‘ motive to larn, their features and the environment in which larning takes topographic point. Illustration 2- 4 Factors Determining Human PerformancePerformanceMotivation ( M ) Knowledge, Skills, and Attitude ( KSA ) EnvironmentP= M x KSA x EBeginning: Blanchard and Thacker ( 2003: 75 ) Carr et Al. ( 2009: 16 ) imply that people must foremost recognize the ground they should use their accomplishments. Therefore in order to heighten 1s ‘ potencies, it is necessary that an person is made cognizant of possessing the cognition, accomplishments and competences needed for a peculiar occupation ( Carr, 2009 ) . â€Å" Most job-seekers wish they could unlock the secret expression to winning the Black Marias and heads of employers. What they wonder, is that alone combination of accomplishments and values that make employers salivate with exhilaration? † ( Hansen and Hansen, 2009 ) .2.2 Employability-Towards a DefinitionEmployability is another cardinal subject of the thesis. While transporting out the literature reappraisal, the research worker found many societal factors that can be of an employment barrier to jobseekers. In this thesis there will be a brief overview of these societal factors and an analysis of the employers ‘ demands and outlooks when enrolling. Furthermore the extent to which the ETC preparation programmes run into current labor market demands will besides be examined in this subdivision. The International Labour Organisation ( 2004: 9 ) provinces that ; â€Å" aˆÂ ¦the term employability relates to portable competences and makings that enhance an person ‘s capacity to do usage of instruction and preparation chances available in order to procure and retain nice work, advancement within the endeavor and between occupations and header with alterations in engineering and labour market conditions † . Brown et Al. ( 2002: 10 ) extend the definition of the term employability by imputing it on the supply and demand within the labour market, viz. on the employability degree of others. Furthermore Glastra et Al. ( 2004: 291 ) argue that in order to last in this competitory universe it is necessary for the work force to prosecute in womb-to-tomb acquisition. The current economic alterations altered the working life hence the demand of womb-to-tomb larning to heighten employability ( Glastra et al. , 2004: 305 ) .2.2.1 The Jobseeker ‘s PositionsThe jobseekers ‘ degree of employability is a affair of concern in this thesis. The chief factors which contribute to the passage from instruction to employment will be taken into consideration. These factors vary from unstable occupations, labour market conditions, population ‘s employability degrees and the instruction system ( CEDEFOP, 2010:30 ) . Indeed Mifsud et Al. ( 2006: 16 ) finds the passage from school to work, peculiarly disputing as without farther instruction and developing the jobseekers will miss the accomplishments and competencies needed in the labor market. Harmonizing to Muller and Gangl ( 2003 ) , the passage procedure is the period between the terminal of the primary instruction and the subsiding into the work environment. Likewise Braun et Al. ( 2001 ) distinguish between two phases in the passage period: the initial occupation hunt after go forthing instruction and ; the beginning of the employment experience. During this passage there are two types of hazards for new entrants, these being the inability to happen employment and instability of the first employment ( Braun et al. , 2001 ) . Besides harmonizing to ILO, due to this passage from instruction to working life, young persons need more encouragement towards happening a suited employment ( ILO, 2006: 20 ) . Additionally Yorke ( 2006: 2 ) provinces that many times â€Å" The transferability of accomplishments is frequently excessively easy assumed † . When look intoing the employability spread between the long-run and short-run unemployed, Thomsen ( 2009: 451 ) finds that there exist major differences for case in accomplishments and wellness position. These employment barriers make it harder for the long-run unemployed to happen work ( Thomsen, 2009: 451 ) . The deprived groups are besides happening it hard to acquire employed ; these groups include the aged, people with particular demands and former substance maltreaters who need farther support during occupation seeking ( ILO, 2006: 21 ) . Another factor that affects employability is the altering life style with more adult females take parting in the labor market ( NSO, 2012b ) . Despite the addition in employment rate, it still remains hard for adult females to keep a full-time occupation without shared duties ( Zerafa, 2007: 39 ) . Thus the demand of more family-friendly steps ( Zerafa, 2007 ) . Furthermore Ostrouch and Ollagnier ( 2008 ) show how hard it is for adult females to progress in professions considered untypical for adult females. Womans may besides be discouraged to analyze in their country of penchant due to gender stereotyping ( Ostrouch and Ollagnier, 2008 ) . â€Å" Previous surveies indicated that racial and cultural favoritism at work bound occupation chances and contribute to cut down calling aspirations and outlooks † ( Forstenlechner and Al-Waqfi, 2010: 768 ) . Forstenlechner and Al-Waqfi ( 2010 ) make up one's mind to analyze workplace favoritism in the context of immigrants and jobseekers. The findings of the survey indicate that prejudiced actions can take topographic point during the pre-employment phase ; or after the enlisting procedure ( Forstenlechner and Al-Waqfi, 2010 ) . Ultimately these prejudiced state of affairss influence jobseekers in their pursuit of happening a occupation.2.2.2 The Employer ‘s PositionThis survey will besides look into the employers ‘ positions towards larning and employability. The employers ‘ point of position is needed in this survey to analyze the extent to which the ETC preparation programmes are run intoing their demands and outlooks. Furthermore this survey will besides travel through the features employers seek in prospective employees and the troubles encountered during enlisting. Vera and Crossan ( 2004 ) indicate that a acquisition clime that adapts rapidly to alter will finally prolong an administration. Besides the survey conducted by Carrim and Basson ( 2012 ) revealed that a learning clime can be used in different types of administrations and should be aligned with the administrations ‘ profiles. On the other manus Warhurst ( 2012 ) implies that employers are more concerned with the current economic alterations so staff development. â€Å" In an age of asceticism with many administrations confronting cuts and imposed alterations, it might be assumed that larning within administrations would fall victim to force per unit area for the competitively efficient bringing of merchandises or service † ( Warhurst, 2012: 1 ) A related hypothesis investigated by Joyce ( 2008: 376 ) is that â€Å" Today many companies are engaging less and/or return longer to happen merely the right individual with the right accomplishments for the right occupation † . Employers, apart from using the general face-to-face interviews are returning to situational behavioral interviews and the usage of other trials including psychometric trials, written tests and a 2nd interview ( Joyce, 2008: 379 ) . This happens as â€Å" In today ‘s competitory universe, one can non disregard the fact that employers look for people who are good trained in the country of their employment † ( ETC, 2010e ) . Indeed the informations given by the NSO shows that frequently employers seek to enroll skilled persons instead than partly or non-skilled appliers to avoid the clip taken to develop ( 2001 ) . Consequently these long enlisting procedures are taking to more costs and are going stressful for employers ( Joyce, 2008: 379 ) .2.2.3 Labour DeficitsThe long enlisting procedures may besides be attributed to labor deficits though Cohen and Mahmood ( 2002 ) argue that occupation vacancies can be even at low employment rates. If one takes a expression from a local point of view, one finds that in recent old ages, a figure of low-skill fabrication companies in Malta have closed down like Denim and VF, ensuing in redundancies every bit good as decreased soaking up of lower-skilled school depa rters ( The Malta Independent, 2007 ) . This happens as â€Å" aˆÂ ¦Malta has non managed to pull adequate activity in growing sectors to replace worsening activities † ( MFIN, 2012: 10 ) . In order to change by reversal this, the ETC is join forcesing with assorted employers to avoid labour deficits and to implement its preparation programmes consequently ( ETC, 2010b ) . Additionally a survey by Fsadni illustrates the local labor and accomplishments deficits which employers predict for the period of July to December 2012. It is interesting to observe that harmonizing to the survey conducted by Fsadni: â€Å" In all sectors, the bulk of the employers are confident they will happen the right people for the occupations † ( 2012: 6 ) . Therefore Fsadni suggests employers are confident that supply will be run intoing labour market demands. The findings by Fsadni will be compared and contrasted with the concluding consequences of this survey.2.2.4 Skill ShortagesIn this subdivision, importance is given to skill deficits as frequently a low unemployment rate suggests a skill deficit. Although Cohen and Mahmood ( 2002:12 ) intimation that a high degree of employment does non needfully connote that there are no skill deficits. When analyzing the accomplishment shortages, one must take into consideration the economic activity as â€Å" The pupils population is going more diverse and instruction and preparation systems are holding to set to the demand of globalization and internationalization, increased in-migration, and quickly altering occupational profiles ensuing from technological and economic developments † ( Cedefop, 2010: 12 ) The ESF 3.75 Unlocking the Female Potential, considers accomplishments deficits in Malta and the chief mark group are females ( NCPE, 2012 ) . The employers, who besides had their say in this research, mentioned some of the preparation needed for inactive females which included computing machine accomplishments, specific proficient accomplishments, societal accomplishments like teamwork, and client attention ( NCPE, 2012 ) . The NCPE ( 2012 ) besides recommends that the ETC should supply more on-the-job preparation to adult females returning to employment. There is besides the demand to better the place of counsel particularly when it comes to young persons to do a smooth passage into work ( CEDEFOP, 2010: 16 )DecisionWhile carry oning the literature reappraisal, it was felt that the cardinal subjects of the thesis contribute in more important ways to academic thought, through the development and apprehension of the acquisition procedure and the employability construct. As seen from the literature reappraisal, the three chief factors to take into history when sing a successful preparation programme are: the jobseekers ‘ positions, the employers ‘ positions and the local economic system. Furthermore the attack chosen will help the research worker in measuring three hypotheses: The first hypothesis is that jobseekers do non admit their accomplishments and abilities in forepart of employers. The 2nd hypothesis is that the higher the degree of mismatch between the standards listed for clerical businesss by employers and those features possessed by clerical jobseekers, the lower are the employability chances of such jobseekers. The 3rd hypothesis is that during the enlisting procedure, employers seek for already trained campaigners. Finally these hypotheses will besides lend to the aim of the chief research inquiry in that to what extent do the ETC preparation programmes enhance jobseekers ‘ employability in Malta.