Davenport Expands Music Curriculum

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A partnership is the relationship existing between two or more persons who join to carry on a trade or business. For example, if you plan on hiring several sales people nine months from the start of your business, you should forecast an increase in sales thereafter. Too little inventory and you may not be able to meet demand. Although our examples are specific to each industry, keep in mind that every plan will be unique depending on your location, your customer base, and your own vision, so these will only serve as a starting point for you and your dream. Word of mouth marketing is by far the most profitable and powerful marketing channel available to any business. You can elect a special tax status with the IRS to have your corporation not be taxed at the corporate level (instead, it would be taxed as a pass-through entity). You also have an idea of how much money your company will be worth. Dr. Jim Kennedy provides some helpful thoughts for those new to the profession. We will hold this information for 5 years and we will contact you to see if you wish to be contacted as part of other planning consultations before this period expires. Include a list of important contacts for the relocation period. Prepare checklists of responsibilities for each department so everyone is aware of key dates and tasks. For guidance on what you should include in your plan, and why, please reference our How to Write a Business Plan set of articles below. Ray Abide looks at the concepts of detail complexity and dynamic complexity in the context of business continuity planning. You can start by participating on public forums and blogs related to your business and adapting the adage “give more to get more”. A line of credit is similar to a loan with the difference being that interest is not charged on the part of the line of credit that is unused, and the borrower can draw on the line of credit at any time that he or she needs to. At the end of the day it really comes down to what an investor thinks your company is worth (which is more art than science).

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Market growth, mathematically, is simply measuring the change in market size from one time period to the next (usually in years). How many days will it take, on average, to collect incoming payments? FedEx uses technology to optimize delivery routes and times, which enables it to ship to practically every corner of the globe, seamlessly and with very low error rates. Monday to Friday, 8am to 6pm (for non-household billing enquiries, please contact your retailer). Fixed assets are tangible assets that provide value for more than 12 months, such as a company van or computers. Fixed assets are depreciated over its useful lifetime. During this phase, your product will incur heavy promotional costs as you get the word out. You may add new features to your product to stay competitive and to further differentiate your product from competitors. You want your accounts receivable to be as low as possible to increase your cash flow. Since you have already gone through the steps of creating your niche, answering this question should be easy for you. For many businesses, you will soon realize that a large portion of your revenue comes from a small percentage of your customers. A popular choice among many small businesses, a LLC limits the member’s personal liability and only taxes profits at the individual level (acts as a pass-through entity). The Local Plan review will go through a number of stages of preparation. About three months and never more than six, says Mel Gosling. Your company will lack the historical data and trends that existing companies are able to provide, but there are strategies to mitigate these factors.

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Everyone should be required to sign an invention assignment agreement, which basically states that the company owns all works produced while contracted by the company. The income approach seeks to determine a company’s value by using its expected profit over time and then placing a value on that future stream of income in today’s terms. There are, of course, exceptions. Chris Bakowski offers a recipe for business continuity success. Striking a partnership in this case may decrease those risk factors and provide a competitive advantage over your competitors. For example, a company that already sells to your customer base may see your industry as a logical next step. For existing businesses only. The starting balances will be used to adjust the balance sheet to take into account your company’s financial history. Defining how long it will take to collect incoming payments. Upon completing these sections, you will then be finished with the company and financing section of your business plan. Enter expenses you plan on incurring for your business. Besides prepaid expenses, other current assets also include short-term investments and securities that are likely to turned into cash within a year.

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He holds a Bachelor of Arts in history and economics from Bristol University. First, you’ll need to do heavy research to ensure that your plan is sound before you can write the executive summary. Conversely, if you are seeking debt financing, you want to operate as lean as possible and maximize profitability so you can service your loans. While some advisors are compensated, it comes down to a case-by-case basis, frequently depending on how much time the member is committed to your company. Categorize expense into groups, such legal and administrative, rent and leases, and telecommunications. Provide details of relocation expenses available to employees. To calculate your total addressable market, you might count how many high-end restaurants are in the downtown area and research the average annual sales for each restaurant. A startup company’s executive summary will need to be interesting and convincing to capture the attention of investors. The faster, i need help to do my homework the better your cash flow will look like. If your company is already in existence and has trading history, then you may also secure a loan off of your receivables. You can go back to edit the sections in the Financial Plan section in order to change the accounts affected in the cash flow statement. Incorporate a plan for internal and external communications so that employees, customers and suppliers are aware of the implications of the move. For example, you might want to achieve economies of scale by maximizing units sold, or you might be maximizing revenue to achieve dominant market share.

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It’s a statement your employees and customers can get behind. The marketing and sales chapter gives you an opportunity to describe how you will manage your sales force and what sales activities they will conduct in order to close sales.

Three CAC Professors Secure Competitive Lecturer Positions

CAC celebrates having three of their current lecturers win competitive lecturer contracts.

Dr. Jennifer Myers — Film Studies (AMC)

Myers was originally hired at UWT in the Winter of 2013. She has taught courses in Media Genres, Great Directors and Introduction to Film Studies during her time at UWT and has created a course on campus called “World Film” (T FILM 387, 388) which examines major cinematic movements, trends and individual works between 1927 and 2000.

In Spring 2015, Myers was hired as a Full Time Lecturer after a competitive interview process. She will continue her job teaching and in service of the university.

In her free time she escapes to the great outdoors, skiing, fly fishing and hiking. She is a frequent flier to Oregon where she spends time with her family. Her mother suffers from acute Rheumatoid Arthritis and her niece is severely Autistic, so Myers spends as much time as she can caring for and loving them.

Carbon Challenge Tests Student Resolve

In case you missed the possible grumblings of the many carnivores of UWT transitioning to vegetarian or vegan diets this past Fall quarter, many staff, students, and faculty have since completed the Carbon Challenge, a grant receiving project as a part of UW’s Green Seed Fund.

Students, staff, faculty and even the president of the University of Washington Ana Mari Cauce herself pledged to make a change after receiving the challenge.

Since Autumn of 2014, Dr. Ellen Moore (Communication) has challenged the students in her Contemporary Environmental Issues in Media course to lose 5,000 pounds...of carbon. Moore was inspired after participating in a variant of the challenge in 2014 in competition with her fellow commissioners of the Sustainable Tacoma Commission –– “Tacoma’s Biggest Loser” –– in which she “lost” the most carbon and was crowned the winner.

CAC Students Speak Up, Saying, “No,” to Methanol Plant

A $3.4 million proposed methanol plant at the Port of Tacoma has sparked outrage and controversy in the local community.

Northwest Innovation Works (NWIW) proposed the construction of the plant, and if passed, construction will start as soon as 2017 and begin operating in 2020. Community members are concerned about the negative health and environmental factors that come along with building, and operating the plant.

Brendan Resnikoff, a senior in American Studies, believes that this poses a great risk to Tacoma and it should be evaluated based on the risk to human health, rather than the economic impact.

Tacoma community members have persistently attended hearings, and voiced their opposition to the plant.

Matt Kish: Moby-Dick in Pictures

In March, the CAC welcomed self-made artist Matt Kish to campus.

Kish talked with students and faculty about his book, Moby-Dick in Pictures: One Drawing for Every Page. What started for Kish as simple desire for a fresh, creative outlet quickly gained a following.

Kish currently works as a librarian, but never attend art school. He has always had a strong interest in art and has been published in several collaborative illustration projects. However, feeling a lack of creativity in his life, he decided embark on a new endeavor. His mission: create one picture for every page of a book that had inspired him throughout his life—Moby-Dick.

Dia de los Muertos with UWT & TAM

Every November the Tacoma Art Museum holds a Day of the Dead or Dia de los Muertos free community festival and for the fifth year in a row UWT’s Hispanic studies professors and students joined in.                      

The Day of the Dead is a time of year when the two worlds–the world of the living and the world of the dead are close enough where spirits can come back to this world and have some type of communion with them. 

“It’s important to note that not everyone believes and celebrates it the same way, but the idea is to remember family members that have died,” said Hispanic Studies professor Augustus Machine. 

This year’s 11th annual festival included “a Calavera costume contest, traditional foods, and outdoor memorials.” Community members can also set up altars remembering their lost family members, or celebrate the holiday with a themed altar. 

Arts Alive at UWT

CAC hosted several events at UWT recently that united students and invigorated the campus community.

 Bread and Puppet Theater

Last October, the Bread and Puppet Theater paid a visit to UWT. The theater is well known for performing shows that exhibit social relevant storytelling through puppetry, street and community theater, and song. The politically radical theater is based in Glover, Vermont, but tours all over the world.

CAC faculty members Beverly Naidus (Arts, Media, Culture) and Michael Kula (Writing Studies) helped organize and facilitate the visit to campus, where the group performed their Vietnam War era protest piece: Fire.

Art Students Featured at Museum of Glass

This past March, a group of students came together to build a sculpture overlooking the Thea Foss Waterway. The project, inspired by the book The Boys in the Boat, was installed at the Museum of Glass as part of the Pierce County Library’s Pierce County READS program.

The art piece, created as part of T ARTS 367 Objects and Art taught by AMC Senior Lecturer Tyler Budge, is a tribute not only to the book, but to the “boys” who hailed from University of Washington and went on to win the gold medal at the 1936 Olympics in the rowing competition against Nazi Germany.

Budge was contacted by the UW Library and asked if he would like to be a part of the presentation. He said if his class could be a part of it, then he would most definitely be willing to create a piece to commemorate the book and the story behind it. Once the decision was made, Budge tossed his syllabus aside and his class and he began the process of creating their masterpiece.

La Fountain Addresses The Drag of Poverty

In April, nationally recognized scholar Larry La Fountain presented to faculty, staff, students and Tacoma community members his work entitled “The Drag of Poverty: Erika Lopez, Holly Woodlawn, Monica Beverly Hillz, Welfare Queens.”

La Fountain, a scholar, writer, and performer, born in San Juan, Puerto Rico, and now teaching at the University of Michigan, focused on the issue of being a drag queen and the effects it could have on other social issues such as race, class, sexuality and gender. His visit to UWT was made possible through efforts of American Studies and AMC assistant professor Ed Chamberlain.

Much of La Fountain’s presentation focused on Holly Woodlawn in Andy Warhol’s film “Trash,” Monica Beverly Hillz commonly known from the reality television show RuPaul’s “Drag Race,” and Erika Lopez’s, “The Welfare Queen.”

Pulitzer Prize Winner Speaks at UWT

In April, Pulitzer Prize winner for feature writing and author of Enrique’s Journey, Sonia Nazario, spent a day at UWT, interacting with students and faculty and giving a lecture, all as part of the acclaimed UW Walker-Ames Lecture Series.

Enrique’s Journey is the story of one Honduran boy looking for his mother, after she left her starving family to find work in the United States.

“Braving unimaginable peril, often clinging to the sides and tops of freight trains, Enrique travels through hostile worlds full of thugs, bandits, and corrupt cops. But he pushes forward, relying on his wit, courage, hope, and the kindness of strangers,” according to enriquesjourney.com.

She echoed her discussion from her book of her three-month journey made on top of trains across South America to chronicle the story of Enrique, and how her experiences changed her view of unaccompanied, undocumented child migrants.

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