Page 21 - Microsoft Word - MARK BOYD BUSINESS PLAN PART REVISITED
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The following Acts will govern ………………………………………. Centre's labour-related
issues:
Basic Conditions of Employment Act,
The Employment Equity Act,
Labour Relations Act, No. 66 of 1995.
9.Financial Review
10.1 Source of Funds
MB Tyre Centre requires financing to the amount of £67500 this financing will be sought from a
reputable financial Investor or bank
10.2 Application of Funds
The required funds will be used to purchase equipment for the business' activities, to
purchase consumables and promotional materials, as well as for operational capital.
The funds will be applied as follows:
Fixed Assets Amount Depreciation (years)
Real Estate-Land Not Depreciated
Real Estate-Buildings 20
Leasehold Improvements £7,500 7
Equipment £25,000 7
Furniture and Fixtures £5000 7
Vehicles Deposits 7
Other 5
Total Fixed Assets £35,500
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