StudentShare solutions
Triangle menu

The Wadhhas boatyard - Essay Example

Not dowloaded yet

Extract of sample
The Wadhhas boatyard

The following is a brief analysis of the business information provided by Wadhha.
Wadhha started the boatyard business with a small amount of her savings forming her initial investment into the business. This had a dual effect i.e., on one side it increased the company's assets being cash while on the other aspect it increased the capital invested into the company.
In her quest to get on doing some business, she purchased a running boatyard business at a fair negotiable price. This entitled her the benefits of acquiring an old business and saving her the hassle of forming and establishing an entirely new business.
The need for additional funds to finance the business was met by borrowing funds from a friend. It further had double effects i.e., on one side it increased the company's assets being cash and on the other side, it increased the company's liabilities.
The wharf and store were also of attraction to the customers who were mostly the holiday makers for boating purposes and the company made the most of this attraction by offering fishing tackle, sporting goods and other refreshments.
The most of the expenses incurred by company would be on the maintenance of the land, building, store, petrol and diesel pumps, work shed etc, the labour wages expenses, any interest on the borrowings etc.
The company possesses great future prospects if the assets are utilised efficiently and effectively towards the generation and maximisation of revenues, so that the expenses could easily be met and the liabilities be paid off on time.
CONCLUSION
The Wadhha's boatyard owns all the fixed assets needed to run the company, however not much information is provided regarding the current assets of ...Show more

Summary

This case study provides a brief insight into the early stages of Wadhha's boatyard business. As she was new to the business and commercial life being associated with Navy for several years, she took over an existing business and analysed all the aspects through which the business could be run smoothly and profitably…
Author : antwan50
The Wadhhas boatyard essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"The Wadhhas boatyard"
with a personal 20% discount.
Grab the best paper

Related Essays

CW1 Problem or Essay Question
Knowing what the law is, how it will affect her, and what she can do to protect herself will better prepare Adelaide in the next steps to take. We first have to understand terminology in the context it is presented in land law. A tenement is defined as ‘anything of a permanent nature that can be made the subject of feudal tenure’( Burdick, 4).
8 pages (2000 words) Essay
Scenario
Motivation is more effective when ecology-promoting values are internalized through training, rather than being overtly forced, and when compliance is influenced in an engaging manner. In both the implementation of procedures and the influencing of compliance through training, it is good practice to become familiar with what the government regulations and stance are, and with what has been successfully implemented in other locations, so that appropriate imitation and creative adaptation can be made.
4 pages (1000 words) Case Study
Management (social, environmental, human and other factors)
A lot of concepts have been given on corporate social responsibility or CSR is closely linked with the principle of sustainable development which argue that enterprises should be obliged to make decisions based not only on financial/economic factors, like profits, but also on the social, environmental and other consequences of their activities.1
10 pages (2500 words) Essay
Case study accounting
After going through the various business needs, she figured out the need of keeping and maintaining proper accounting system for better cost allocation and recording of operating and financial information. In order to provide her the
4 pages (1000 words) Essay
Scenario
Motivation is more effective when ecology-promoting values are internalized through training, rather than being overtly forced, and when compliance is influenced in an engaging manner. In
4 pages (1000 words) Case Study
Case Scenario
However, at this time our biggest enemy is the pollution and the emissions from the vehicles and industries and there is need to find some ways to make clear reductions in the pollutants. In the paper, I have chosen the scenario 1 in which I am the owner of the
4 pages (1000 words) Assignment
Report on marine engineering industry in the uk
This is good news to the United Kingdom marine (engineering) industry since 90% of visible trade in the region moves by sea. With a turnover of more than
2 pages (500 words) Coursework
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Rate this paper:
Thank you! Your comment has been sent and will be posted after moderation