The Business
Name: Abracadabra Events UK
Address: 45a The Mall, Ealing Broadway, London
Location: The office is located in the heart of Ealing Broadway close the Uxbridge Road and a minute walk from Ealing Common. Easily accessible to all transport links including underground train lines (Central, District and Piccadilly line), over ground trains, buses, road and on foot.
Form of business: Partnership
Proposed start of trading: 1st June 2006
Mission statement: We aim to act as a one-stop-shop to our clients to as an agent, supplier, planner and/or event manager for any related feature to do with children's events or children at events. We hope grow into one of the leading event management companies in London and raise shares for our partners and shareholders.
Business aims
Short term
* To market the business successfully
* To break even financially
Long term
* To make a profit for our shareholders
* To expand the business
* To expand the client base
Capital structure
Own capital introduced: $15,000
Loan from bank
Amount of Capital: $15,000
The Premises
Rates per year: $2,464
Size (in square feet): 856
Terms of lease: 15 year leasehold with 5 year breakout clause
Time remaining on lease: 15 years with option to renew lease after this period
Rent per annum: $15,000
Payable: Monthly
Review date: 1st June 2011
Regularity of reviews: Every 5 years
Party responsible for repairs:
Internal: Abracadabra Events UK
External: Abracadabra Events UK
(For full details of this property please see Appendix B).
Key Staff
There will be four key staff working for Abracadabra Events:
Name Position Date joined Salary
Michelle Higginson Partner
Event Manager June 2006 ã18,000
Rebecca Gowar Partner
Event Manager June 2006 ã18,000
Xxx Receptionist September 2006 ã7ph
Yyy Accountant July 2006 ã1000
Number of Employees
There are the four key staff...
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xcelent
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