scholarly journals Route 88: Bike Café: From Planning, to Operations, and Entrepreneurial Finance

2019 ◽  
Author(s):  
Jackson Tan

With new micro and small-scale ventures, a founder may know of the risks associated with bank financing. Furthermore, the fact that these small-scale ventures were not eligible for such facilities, as they lacked proof of business concept, dictated that a founder seek alternatives to finance an enterprise. As a result, founders forego bank financing, and instead choose to finance the going concern with funds generated internally. This particular case study examined the beginning six months of a restaurant venture founded by a female Alumnus of the Entrepreneurship Department at the University of Santo Tomas. More specifically, this case investigated how a female entrepreneur assessed market tastes while controlling for costs and monitoring the company cash position. Discourse in this case study revolved about: (1) factors regarding pricing product offerings for a specific market, (2) assessing items that breakeven versus loss leaders, and (3) financing periodic operations with internally generated cash flows, more specifically, anticipating the cash position based on the cash burn rate per period. Analyses placed an emphasis on the cash position of a new venture, as an income statement may only partially explain operations. Hence, the cash position was used to assess the progress of the new venture, rather than solely through the income statement. This case study was developed to communicate the financing needs of newly conceived ventures that an entrepreneur faces upon implementation. As of 2018, the company this case study considered continued to operate.

2019 ◽  
Author(s):  
Jackson Tan

With new micro and small-scale ventures, a founder may know of the risks associated with bank financing. Furthermore, the fact that these small-scale ventures were not eligible for such facilities, as they lacked proof of business concept, dictated that a founder seek alternatives to finance an enterprise. As a result, founders forego bank financing, and instead choose to finance the going concern with funds generated internally. This particular case study examined the beginning six months of a restaurant venture founded by a female Alumnus of the Entrepreneurship Department at the University of Santo Tomas. More specifically, this case investigated how a female entrepreneur assessed market tastes while controlling for costs and monitoring the company cash position. Discourse in this case study revolved about: (1) factors regarding pricing product offerings for a specific market, (2) assessing items that breakeven versus loss leaders, and (3) financing periodic operations with internally generated cash flows, more specifically, anticipating the cash position based on the cash burn rate per period. Analyses placed an emphasis on the cash position of a new venture, as an income statement may only partially explain operations. Hence, the cash position was used to assess the progress of the new venture, rather than solely through the income statement. This case study was developed to communicate the financing needs of newly conceived ventures that an entrepreneur faces upon implementation. As of 2018, the company this case study considered continued to operate.


2020 ◽  
Author(s):  
Kingsley M Kamtambe ◽  
Jeremiah Kang'ombe ◽  
Emmanuel Kw Kaunda

Abstract The case study was undertaken to assess performance and sustainability of Hangere Agriculture-Aquaculture Integrated Farm. Data was collected during a seven-day visit at the farm (carried out on 7-14 June 2009), using a semi-structured questionnaire with open ended questions and a study of farm records and cash flows. Direct observations of farm operations were also reported. Hangere integrated agriculture-aquaculture farm is located in Mzuzu City, Mzimba District, Malawi and belongs to 37-year-old Mrs Liness Chavula. The farm has a total land holding of approximately 13 ha. Of this area, only 2.2 ha are used for aquaculture with three drainable ponds with a total area of 1804 m2. Of the remaining area, 4 ha are used for maize cultivation, 1.5 ha for growing sweet potatoes, and 1 ha is used for vegetables, including cassava and Rhodes grass Chloris gayana. The farm holds Tilapia rendalli and Oreochromis karongae in polyculture and Clarias gariepinus in monoculture. The fish are fed formulated diets and the ponds are fertilized with livestock manure. The fish are harvested three times yearly and are sold to wholesalers and retail with prices of K450/kg (US $3.21) and K500/kg (US $3.5), respectively. Pigs, goats and a dairy cow are also kept on the farm. In 2008 the farm made a profit of K289,000 (US $2,064), from the sale of field crops, livestock and fish. Of the K289,000 of profit, K100,000 (US $714) came from fish sales while K70,000 (US $500) came from maize sales, K28,000 (US $200) from pig sales and K50,000 (US $357) from sweet potatoes. The farm faces several challenges including labour shortages, absence of a hatchery facility for fingerling production and lack of available extension services. The farm experiences low water levels during the hot-dry season and pest infestation in the pond vicinity, both of which lower production. Hangere farm operates at a semi-intensive level, being integrated with other on-farm agriculture activities, and is a typical example of a small scale fish farm in Malawi. The farm has also begun cultivating new crops, mainly coffee and wheat, both of which are highly priced cash crops in Malawi. C. gariepinus (catfish) has also been introduced in ponds at the farm with the potential to reach 1 kg in body weight in 6 months.


2019 ◽  
Vol 4 (3) ◽  
pp. 55-72 ◽  
Author(s):  
Jiang Chang ◽  
Jianhua Liu

Abstract Purpose To develop and test a mission-oriented and multi-dimensional benchmarking method for a small scale university aiming for internationally first-class basic research. Design/methodology/approach An individualized evidence-based assessment scheme was employed to benchmark ShanghaiTech University against selected top research institutions, focusing on research impact and competitiveness at the institutional and disciplinary levels. Topic maps opposing ShanghaiTech and corresponding top institutions were produced for the main research disciplines of ShanghaiTech. This provides opportunities for further exploration of strengths and weakness. Findings This study establishes a preliminary framework for assessing the mission of the university. It further provides assessment principles, assessment questions, and indicators. Analytical methods and data sources were tested and proved to be applicable and efficient. Research limitations To better fit the selective research focuses of this university, its schema of research disciplines needs to be re-organized and benchmarking targets should include disciplinary top institutions and not necessarily those universities leading overall rankings. Current reliance on research articles and certain databases may neglect important research output types. Practical implications This study provides a working framework and practical methods for mission-oriented, individual, and multi-dimensional benchmarking that ShanghaiTech decided to use for periodical assessments. It also offers a working reference for other institutions to adapt. Further needs are identified so that ShanghaiTech can tackle them for future benchmarking. Originality/value This is an effort to develop a mission-oriented, individually designed, systematically structured, and multi-dimensional assessment methodology which differs from often used composite indices.


Author(s):  
Catherine Franc ◽  
Annie Morton

The provision of effective feedback is challenging and remains a much-criticised element of the Higher Education (HE) student experience. This case study examines innovative approaches to providing feedback for modern foreign language assessment, based upon a small scale study at the University of Manchester (UoM). We identify problematic areas in current practice, and propose creative solutions not only to help staff produce clear, useful feedback in a sustainable way, but also to raise student’s awareness and guide them in how to make the most of our provision, in turn becoming efficient language learners.


2019 ◽  
Vol 20 (3) ◽  
Author(s):  
Ana Alice McIntosh

This research evaluates architectural responses to peacebuilding and modernization in Rwanda since the 1994 genocide. It proposes a collection of case studies and analyzes the effectiveness of architectural methods that respond to specific programs while maintaining a sensitivity to the political and cultural climate. It identifies the conceptual and practical logic behind design through the selection of local material, empowering unskilled workers, responding to the context, and establishing a positive relationship with members of the community. As an additional frame of reference, this research analyzes the design-build pedagogy at the University of Florida School of Architecture to understand practical implication in Rwanda. These projects collectively serve as a reference for proposing a small-scale design-build initiative with local Rwandan members of a pottery and dance cooperative in Gisenyi, Rwanda, where the University of Florida Arts in Medicine Program has identified a need for improving and building upon the existing facilities. 


Author(s):  
S. Victor Fleischer ◽  
Jo Ann Calzonetti

This chapter will review two issues commonly found in libraries and archives, especially those at academic institutions: deferred maintenance of aging facilities and the repurposing of space not designed originally for archives and libraries. These two commonly occurring situations create an environment which increases the probability of large and small-scale disasters. Using The University of Akron (UA) as a case study, the authors will assert that every institution with similar conditions should actively prepare for a variety of disaster situations. The chapter will provide numerous examples of these occurrences at UA accompanied by photographs that illustrate the effects of these catastrophes and emphasize the reality of such events.


Author(s):  
S. Victor Fleischer ◽  
Jo Ann Calzonetti

This chapter will review two issues commonly found in libraries and archives, especially those at academic institutions: deferred maintenance of aging facilities and the repurposing of space not designed originally for archives and libraries. These two commonly occurring situations create an environment which increases the probability of large and small-scale disasters. Using The University of Akron (UA) as a case study, the authors will assert that every institution with similar conditions should actively prepare for a variety of disaster situations. The chapter will provide numerous examples of these occurrences at UA accompanied by photographs that illustrate the effects of these catastrophes and emphasize the reality of such events.


RELC Journal ◽  
2017 ◽  
Vol 50 (1) ◽  
pp. 71-85
Author(s):  
Joseph P. Vitta ◽  
Dayna Jost ◽  
Alexis Pusina

Within English for Academic Purposes (EAP), writing instruction has often been of primary interest with a focus on curricula design and implementation. This especially holds true in East Asia where many universities operate EAP writing programmes. This study is located within this region, taking an inquiry stance in a small-scale case study of four EAP writing programmes. Through practitioner-as-researcher reflections and triangulating interviews from fellow colleagues within this professional context, we add to this discussion by uncovering three interrelated and hierarchical themes that have emerged from our data. At the university and inter-department organizational level, our data points to the need for universities housing these programmes to create a culture of collaboration where relevant academic expertise can directly inform the classroom (EAP writing) instruction. At the departmental level, our data suggests that standardization, especially in relation to intra-department testing, assignments, etc. is beneficial. Finally, at the classroom level, we posit, through the observations in the inquiry, that certain teaching methods are associated with different levels of proficiency. Teacher-led frameworks are more observed and suitable among lower proficiency language learners. Conversely, higher proficiency students expect and are better served by task-based or student-led approaches.


2012 ◽  
Vol 9 (2) ◽  
pp. 93-114
Author(s):  
Joanna Blake

This paper explores the ways that social work practice learning, through community development projects, can help take forward the local sustainability agenda. The first part establishes links between three pedagogic areas: education for sustainability, student learning in the community and social work practice learning. The second section presents a case study of a small-scale, sustainability initiative at the University of Plymouth, UK. The paper negotiates an inherent tension between a broad and all encompassing conceptualisation of education for sustainability, and the specific approach to professional training prescribed for social workers and teachers. The tension mirrors the multi-leveled dimensions of the sustainability initiative under discussion. The case study considers the emergent, methodological approach to learning that was adopted. Prescribed outcomes were actively resisted and the paper argues that this approach carries merit. In closing, aspects of partnership working amongst the community development agencies and university, and future trajectories of the project are elucidated.


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