PERSONAL DEVELOPMENT PLAN

Personal development plan

Personal development plan

Introduction

The company is the main player in the global toy industry. Originally founded as a sole proprietorship in 1930, the marketing tactics used by the compnay had grown to the level of being a legend of the family in 1940. The company surpassed 86 million units, and major expansion plans are now being developed. However, due to a slight slowdown in the global economy, these plans have been changed (Bob, 1978, 192).

Personal development plan

To revitalize the company, a rigorous program of research and development took place in early 1950s. The first breakthrough of which is ready for production. In order to maximize the company's technology patented, the company 's needs to improve its existing facilities and to reassess the company system sled delivery is expected late model Cessna Citation could be modified to meet the performance requirements World's Children. In addition, several cargo aircraft used would have to be purchased to facilitate the development of large reserves of toys at strategic locations globally. A central system is being considered.

Additional improvements are planned to facilitate making the projected increase in manufacturing output. Some of the improvements include the replacement of automated manual lathes with CNC machines, installation of spray booths using the latest electrostatic technology, computer conveyor and sorting systems, and an update on the Statistical Process Control (SPC) Area Department of Quality Assurance (Bob¸1978, 66).

As you can see, the company is at a point where they have to seek external funding to restore / renovate its production facilities, upgrade their global navigation, to establish a more visible, and establish an extensive line of credit to cover the season inventory costs.

This loan will be backed by assets and the company's full inventory of the toy industry. As the accompanying balance sheet indicates, these assets have a current valuation of $ 5,000,000. In addition, the requested $ 15,000,000, 10,450. $ 000 is invested in inventory and capital goods will also be used as collateral for the note. As cash flows attached indicate The company should be able to meet the debt for this loan application. It is expected that the return on investment (ROI) banned from this loan will be 200% adjusted on an annual basis. The life of the loan and the market entry of the product is fundamental, however, with the maximum value that occurs in a November entry.

Background

The compnay is a unique property that was founded in 1930. It is wholly owned by Mr. and Mrs. Clause Sanford Theodore. During the past 50 years, Children's World has experienced an increase in public awareness of our year-end close-out (which give away surplus inventory). Because of this practice, the public has begun to think of us on a seasonal basis as a philanthropic organization.

To alleviate this problem, we just completed the development phase of an innovative product line and property that once again the The company 's place in the minds of the public on a daily basis. In 1940, our operation had produced 86 million ...