preliminary notes on the May 2012 pre-release

A preliminary but comprehensive analysis of the May 2012 pre-release for the Finance unit of AQA Applied Business. NOTE: THESE ARE JUST BASIC NOTES AND AS SUCH MORE RESEARCH CAN BE COMPLETED

HideShow resource information
Preview of preliminary notes on the May 2012 pre-release

First 315 words of the document:

Dean IrwinPreliminary notesAS Applied Business
AS Applied Business pre-release ­ preliminary notes
Buckland Livery Stables Ltd (BLS) ­ Sam Brett
Bampton, Oxfordshire
Bampton is located in Oxfordshire and has a population of 2,505 (2001 Census data)
and that is typical for a rural village ­ in order to qualify for urban status it would
have to have a population of above 10,000 permanent residents. While agriculture was
once the main area of employment for the people of Bampton that is no longer the case
due to the fact that modern machinery has dramatically reduced the number of farms
that the area needs. As a result of this many of the residents of Bampton now commute
to urban centres such as Oxford which is 40 minutes away and London which is 2 hours
away which is possible as a result of the fact that a bus service connects Bampton to
Oxford and then through the national railway system. However given that the
residents of Bampton are protecting the fields around the town from development
Bampton is still a quaint rural town and as such probably popular with second homers
and people escaping the Urban landscape and this deduction is certainly supported by
house prices in the town (refer to table 1). In addition to that it is probable that
tourism to the town will increase somewhat due to the fact that many of the outside
scenes of `Downton Abbey` were filmed there and as such fans of the show may want
to visit the area and that will subsequently boost the towns economy as a result of the
multiplier effect.
Warrington starting Bampton starting
Property size... Difference...
price... price...
1 bed flat £74,215 £106,117 £31,902
2 bed flat £107,987 £139,751 £31,764
3 bed flat £179,665 £223,000 £43,335
1 bed house £81,943 £151,622 £69,679
2 bed house £115,819 £224,157 £108,338
3 bed house £160,348 £303,935 £143,587
Page 1 of 8

Other pages in this set

Page 2

Preview of page 2

Here's a taster:

Dean IrwinPreliminary notesAS Applied Business
4 bed house £281,893 £458,314 £176,421
5 bed house £442,150 £781,297 £339,147
6 bed house £630,178 £936,072 £305,894
Key terminology
Livery - `The boarding and care of horses for a fee. `
Equestrian
Links
http://www.youtube.com/watch?v=HKqfJxwDaCg (Jordan's breakfast cereal advert
­hedgerow restoration)
http://www.bbc.co.…read more

Page 3

Preview of page 3

Here's a taster:

Dean IrwinPreliminary notesAS Applied Business
liability clause attached to Private and Public limited companies would that be
protected?
The manner in which the business was financed is somewhat interesting due to the fact
that even after the funds generated from the sale of his to restaurants had been sold
Sam still needed to obtain £400,000 in order to make his dream into a reality and the
fact that he was willing to obtain those funds is indicative that Sam is putting all of his
chips…read more

Page 4

Preview of page 4

Here's a taster:

Dean IrwinPreliminary notesAS Applied Business
The fact that Sam offers special services is significant because they are necessary
and to a certain extent specialist jobs and as such that would generate a regular
income for BLS.
The fact that Sam wants to obtain the financial records of his competitors in the area
is good because that would allow him to draw up a budget and equally help him to get to
grips with his competitors and subsequently beat them.…read more

Page 5

Preview of page 5

Here's a taster:

Dean IrwinPreliminary notesAS Applied Business
Page 5 of 8…read more

Page 6

Preview of page 6

Here's a taster:

Dean IrwinPreliminary notesAS Applied Business
Human resources Financial resources Physical resources
Two experienced staff to help The money required to start Livery stables consisting of a
him run his business BLS:- farmhouse, buildings, stables
i. The proceeds from and 80 acres of land
Sam's two restaurants
ii. £100,000 browed from
the bank to actually
purchase the stables
iii.…read more

Page 7

Preview of page 7

Here's a taster:

Dean IrwinPreliminary notesAS Applied Business
Page 7 of 8…read more

Page 8

Preview of page 8

Here's a taster:

Dean IrwinPreliminary notesAS Applied Business
a) Research the case for and against operating the livery stables business as a
private limited company.
Limited liability ­ initial cash flow problems, brother involved etc.
It would bring the lion's share of the required start-up money.
There is the potential to invite shareholders in the future.…read more

Comments

No comments have yet been made

Similar Applied Business resources:

See all Applied Business resources »See all resources »