Relating Of Finance Available For Marc Day And SwapgameCom Essay

Relating Of Finance Available For Marc Day And SwapgameCom - Essay Example SwapGame is famed for being the first company in the UK to offer video game rental online, as well as give customers the prospect, to retain the games they hire for low pre-played price. It is currently also the pioneer company, to offer online trade-in service, offering gamers with a suitable means to trade in their unwanted games for instant credit, to reduce the price they pay for fresh games. Throughout the UK, Swap Game service has evolved in the past six, and still aspires to offer the unlimited best worth gaming, and service to its customers. Conversely, Business Link is an online resource for businesses and is government owned. It holds vital information, support and services for people’s businesses both larger and smaller ones, established and starting ones. It involves useful online paraphernalia such as calculators and best practical case studies and also broad support. There are several sources that Swap Game can use to raise funds for its starting up as well as it s expansion. These sources can be either internal or external. Internal sources surface from retained profits while external sources are obtained from other outside sources. These sources include banks, owner’s savings, hire purchase, leasing and mortgaging when starting, in 2008, and the other forms such trade credits and sale and leaseback as well as grants for expansion, in 2010. Others such as debt collection and sale of assets are also suitable means to raise funds to begin the swap game business.... These sources include banks, owner’s savings, hire purchase, leasing and mortgaging when starting, in 2008, and the other forms such trade credits and sale and leaseback as well as grants for expansion, in 2010. Internal sources of finance The sources identified for 2008, are appropriate and easily achievable, as the funds such as savings come from the owner, and a viable business plan can earn the business loans from the banks, to start up. Others such as debt collection and sale of assets are also suitable means to raise funds to begin the swap game business. For expansion, in 2010 the sources identified are appropriate since they will need an established company so as to consider them for loans and funding. This includes companies such as Spong, game and eurogamer.net, who are partners and funders of SwapGame. Businesses need funds in order to operate. In some cases, the business cannot raise the required funds to satisfy it needs. It is crucial for businesses to have diffe rent sources, for raising income (Newman, 2010, 146). The advantage of using the internal sources of income is that, the business will be debt free, and will save money by avoiding the payment of interest required when external sources are used. Internal sources, however, are not readily available for the users, and in most cases, the funds raised internally are inadequate for the intended purpose. Internal sources also limit the business ion that the funds raised are not large amounts, which can satisfy the adequately cater for the business needs. In the case where internal finances are not sufficient, the business needs to employ external bodies to ensure that they rise the finances required

Strategy Implementation - NIKE Essay Example | Topics and Well Written Essays - 750 words

Strategy Implementation - NIKE - Essay Example For a large capital company, these continued gains are an amazing performance. This paper is a strategy implementation for Nike. (Nike Inc., 2012) While the statistics above shows strength in Nike’s strategy, this ratio has several limitations. It does not account for the money’s time-value, in addition to the risk associated, with an investment or stock (Harper, 2012). The ratio also overvalues investments as the equation overlooks long-term costs in favor of short-term savings. Finally, since they can be calculated using different criteria, these ratios have a problem with consistency. The Inventory Turnover of a company, in accounting, is a measure of the frequency at which inventory is used or sold in a set period, for example, a year (Ozyasar, 2012). The equation for its calculation involves dividing the cost of goods sold by average inventory. It is also referred to as stock turnover or inventory turns. For Nike, the inventory turnover has been dropping, although not drastically. These ratios show that while Nike does well with money collection, it has much slower in selling or using inventory in the past three years. (Nike Inc., 2012) This ratio has several limitations. ... Finally, low inventory levels could lead to lost sales. The inventory turnover ratio fails to tell the organization if it could have sold extra if it had higher stocks. Nike intends to move its global organization into organizational learning and sustainable practices with an aim to increase sales (Balch, 2012). These strategies are also aimed at spreading the appreciation of sustainability through the entire organization, as well as demonstrate value to customers and business. In the 21st century, successful integration of corporate responsibility with the heart of the business is mandatory. Nike is adopting environmental efforts aimed at being part of its wider sustainability program. Nike is striving to minimize the negative impacts, which their processes have on the environment during the product life cycle from design all the way to manufacturing. They are also extending this to the products post-consumer use, as well as the product’s ultimate disposal. They have institut ed a program called NEAT that strives to recycle manufacturing waste left over from shoes (Balch, 2012). The solid waste from Nike shoes, especially cured rubber used for the manufacture of soles, is now converted into new soles This is expected to create value addition to the consumer since they are environmentally friendly, which is now a major global issue. This builds on one of the company’s core values; doing things with a difference as standing still is seen as dangerous while failure to take risks is seen as more dangerous. For Nike, collaboration is vital if they are to stay ahead with innovation (Balch, 2012). They are thus continually seeking insight from regular athletes and partners from inside and outside the industry, with an aim to improve