This website uses cookies to ensure you have the best experience. Learn more

Final Proposal Paper

1936 words - 8 pages

Final Business

Proposal Paper

Alison Rogers

ECO/561

May 3, 2011
Dr. Jerry King

Final Business Proposal

Executive Summary

I spent some time looking for a service that I can offer to clients from the comforts of my home and still earn a decent income to support my family. After a while, I came across the real estate note business. To understand this paper, let me explain what a real estate note is. A real estate note is a promise to pay. What you and I consider a mortgage or IOU that is registered at your local county courthouse. What I do is find these notes, determine their true value based off a formula and notify my list of buyers to see who is interested ...view middle of the document...

Understanding the latest trends and techniques in finding these notes and how to connect them to potential buyers is critical for the success of my business.

How will you determine the profit-maximizing quantity?

In order to calculate the quantity that will maximize profits, I must understand the economic concept of marginal analysis. Marginal analysis is the study of incremental changes in profit. The quantity that maximizes profit is where marginal profits shifts from positive to negative. So, I assume that quantity is the amount of product or service that a business owner hopes to sell. As my service demand increases, so do expenses. When the expenses increase to an amount that no longer maximizes profits, the marginal profit becomes negative.
In this particular industry, it is very hard to have your expenses overcome your profits especially if you work out of the comfort of your own home. However, it is still possible. So, determine the profit at each level of sales. Assume I sell an average note of $100,000.00. My profit is a 10% fee off the total note balance. 10% of $100,000.00 is $10,000.00. So my fee earned from that sale is $10,000 minus the expenses my business incurs while operating (utility bills, office supplies, taxes, medical benefits, etc.). So say for the sake of argument the monthly expenses to operate my business is an average of $4,000.00. Take the difference of $10,000 minus $4,000.00 and the profit for that month is $6,000.00.
Other methods to maximize my profits would be to reduce my expenses, which is discussed under the methods to minimize costs for the product/service.

How could you use the concepts of marginal cost and marginal revenue to maximize profits? What information do you need to determine this? Without this information, how would you make a decision?

Since my business is not producing an actual product but a service, I am not expending too much in material supply and demands to perform my services. I do need to use the internet and other office equipment in order to operate my business so the profit earned needs to surpass the expenses of my business's expenses in order to have a profit. But to maximize my profits I will need to run the business efficiently as to not waste any time or energy on useless endeavors. Poor notes is one way to cost me time, energy, and money (since we all know that time is money). The largest expense I risk is my personal time. Knowing how to maximize my time and learning how to identify productive and useful real estate notes will be the most effective way to maximize profits for my business.

What is your suggested mix of pricing and non-pricing strategies? Explain you answer.

I consider my style to vary between cost-plus, limit and predatory pricing. My mix in pricing and non-pricing strategies are contingent upon my sales performance. I have a set percentage I take out as a fee for my services off the real estate note balance at time of transaction. ...

Other Papers Like Final Proposal Paper

Final Proposal: Pro School Uniforms Essay

999 words - 4 pages Final Proposal Brittany Izzo Rasmussen College Table of Contents Executive Summery Page 3 Problem Statement Page 3 Purpose Page 4 Problem Page 4 Solutions and Conclusions Page 5-6 Visuals Page 6 References Page 7 Executive Summary For my project I would like to have school boards change their dress code policy to a set uniform. I believe each year

Research Paper

628 words - 3 pages English 102— Research Paper Requirements and General Guidelines Dr. B. Bryant Office phone—671-6358 Office—Bldg. 1, room 119 E/ office 19 Research Paper due—May 2nd (Fri) 3:00 pm in my office It must contain copies of your research. 1. Your final paper needs to be 5-8 pages (not including “Works Consulted page”) in MLA format. NO PAPER UNDER 5 PAGES WILL BE ACCEPTED!!! 2. In your research folder—a folder that does not

The Problem Statement

575 words - 3 pages Week 3 Assignment 2 • • • • Assignment 2: Context of the Problem About the Research Proposal Paper With this assignment, you will develop the first section of your Research Proposal paper for this course. Your paper will follow the standard outline of the proposal for the Directed Research Project (DRP). The DRP, a major research paper on a topic (or problem) in your discipline, is a requirement of your graduate work at Strayer. The

Assignment 3 Rfp Response

1228 words - 5 pages RFP Response Professor Orlando Rivera Business Strategies & Proposals November 17, 2015 Abstract The purpose of this paper is to analyze a government request for proposal (RFP) and develop a proposal by the firm that is competitive. The firm will develop elements of the proposal in order to respond to the RFP using competitive business strategies. This paper will also serve to analyze the matrix of 5 roles and responsibilities within

It273 Unit 9 Guide

746 words - 3 pages proposal as well as how each design proposal is captured in some part of the network. 1-4. Proposal discusses how the design considerations are used to produce the final network proposal. Alternative options that may also meet Callingyou’s needs are also described and the tradeoff they provide is discussed. 15 points 15 points 15 points 2 GEL 6.2, see official grading rubric below for grading criteria. Total (Sum of all points) 70 20

Creating a Successful Rfp (Request for Proposal) Assignment

1353 words - 6 pages Webliography which gives you a list of industry magazines that provide examples of RFPs submitted on different technologies Point Value (towards final grade)== 60 Points Submission Instructions: Click on  the “Dropbox” tab at the top of your screen and place the assignment in the “Week4:RFP” dropbasket. Grading RUBRIC for Request for Proposal (RFP) Grade Value Gradable Elements/Assessments for RFP High Value (50-60) points

Managerial Economics

1601 words - 7 pages INTERNATIONAL ECONOMICS EC 410 Term Paper In order to assist you in learning the concepts taught in this class, part of your assignment is to write a term paper, in which you will be asked to perform an in-depth study of a current issue from the field of International Economics. Formal requirements All the material turned in at any stage has to be typed. The final paper should be at least 12 pages long (Times New Roman, font size 12, a

Ist 454 Project

837 words - 4 pages research and design a WWW portal on a topic related to Computer and Cyber Forensics. You must do background research and investigation of literature (on-line and at the library) on your topic area. 3. Other Project Ideas: I am open to other suggestions for projects. Deliverables The deliverable of the project contains three major parts: a project proposal, the final written report, and an oral presentation. 1. Project Proposal (20

Bis 220 Syllabus

2507 words - 11 pages . |March 18, 2014 |10 | |Efficiency and Collaboration | |at 6pm | | |Proposal |Scenario: Imagine you are an employee of Party Plates, a company that manufactures decorative| | | | |paper plates and napkins for

Reflection on "A Modest Proposal"

1943 words - 8 pages Anna Dillard Honors English 105 Final Paper December 2, 2013 An Analysis of Jonathan’s Swifts A Modest Proposal Jonathan’s Swifts essay A Modest Proposal was written to rally the public into solve to problems of failing Ireland. Swift does this by making the case of how infanticide would pull Ireland out of the rut and continue it on to grow and flourish. Swift;s argument of how infanticide will be the cure, is an excellent example of

B2B Messages

2186 words - 9 pages submitted by [DATE – 2-3 weeks after the final project report due in class].   This project will provide you with support and guidance in reaching your goals for improving productivity. Please call me at XXX-XXXX with any comments and suggestions for this project. If this proposal meets with your approval, please authorize by signing below.   Sincerely,    Reply: From: XYZ Company Sent: Thu 4/21/2011 11:40 AM To:  ABC Company Cc

Related Essays

Final Proposal Essay

1060 words - 5 pages Final Proposal Kevin Ludwig Bryant and Stratton College English 230 Mr. Flagg August 10, 2009 [pic]Cyberdine Systems Inc. HC61 Box 45 Rachel, Nevada 89001 Date: 07/27/2009 To: Michio Kaku, President of Cyberdine Systems From: Kevin Ludwig, IT Security Consultant Subject: Updating your computer security

Final Proposal Essay

952 words - 4 pages My final project proposal will be on Communication Crisis plan of Hurricane Katrina. I will discuss how there was failure of communication and what went wrong during this crisis. The crisis communication and management was not planned out correctly. From the outcome of the disaster, you can tell it wasn’t rehearsed to perfection. There were evacuation plans, but it didn’t cover all the publics in the state. For example, there were ill people

Research Proposal Final Essay

1681 words - 7 pages Use Best Practices to Design Data Center Facilities Michael A. Bell Data centers seldom meet the operational and capacity requirements of their initial designs. The principal goals in data center design are flexibility and scalability, which involve site location, building selection, floor layout, electrical system design, mechanical design and modularity. Publication Date: 22 April 2005/ID Number: G00127434 Page 2 of 26 © 2005 Gartner

Research Proposal Final Essay

1548 words - 7 pages HOW ELECTRONIC ATTENDANCE AFFECTS THE ATTENDANCE OF STUDENTS IN QATAR UNIVERISTY? SUBMITTED BY: SAKIB AHMED 201108809 AZEEM MOHAMED 201205726 COURSE NAME: RESEARCH METHODS DATE OF SUBMISSION: JUNE 2nd, 2014 INTRODUCTION Technology has an important presence in every sphere of our lives today. The field of education should make use of technology and the new, advanced and computerized tools available to us today to increase student