FromRioToTokyo
Pieter de Kroon
Floor Lindelauff
Sion Marx IM1SXb
FromRioToTokyo
Business Plan course 1.3, Zuyd University Maastricht
Teacher: Ed Overes
Coach: Mrs. Cuipers
Pieter de Kroon
Floor Lindelauff
Sion Marx IM1SXb
Contents
Summary 3
Chapter One Research proposal 4
Research questions 5
Chapter Two Personal Plan 6
CV and Motivation Pieter de Kroon 7
CV and Motivation Floor Lindelauff 9
CV and motivation Sion Marx 11
Chapter Three Marketing Plan 12
FromRioToTokyo 13
Chapter Four Financial Plan 14
Expected Turnover 15
Expected Cashflow 18
Expected Income Statements 21
Expected Balance Sheets 24
Chapter Five Law and Organizational Plan 30
Legal Entity 31
Required Licenses 31
Development plan 31
Contract 31
Scenario analyse 32
Bibliography 33
Appendix One Employee Contract 34
Appendix Two Peer assessments about Pieter de Kroon 38
Appendix Three Peer Assesments about Floor Lindelauff 42
Appendix Four Peer Assesments about Sion Marx 46
Summary
After having done all our field and desk research we are very confident in our company and its success.
We believe we have found the right marketing mix to appeal to our target group (fashionably aware customers between 25 and 60 years), who are interested in culture.
The Business plan on Descol Export Plan
In this export plan you will read about various aspects, which we have investigated in order to compose this export plan. We have given a description of Descol, covering its history, the management of the company, the export team, an overview of the sales/revenue/financial stability and stating the goals and objectives of Descol. Furthermore we have also given a description of the product that ...
The following research questions have been answered.
-What profit margin will be best for our products; meaning it will be profitable enough and the prices will not be unreasonably high?
We have determined our profit margin at 35%. This should be enough to cover our costs and to make a good profit. We also believe that with this profit margin, we have exactly the prices we want for our target group. We want to be an exclusive company, so we also want exclusive prices.
-What costs can we expect in the daily operation of our company?
-What sort of income can we expect during the daily operation of our company?
We have formulated a balance, income statement, cash flow statement and a turnover estimation to answer these questions for the coming three years.
All costs have been taken into account and we have made a reasonable estimation of or incomes.
Please see our income statement for the answers to these questions.
-What legal entity will be best suitable for our company?
In order to reduce our risks, gain tax benefits and to be able to act as a legal entity we have chosen to form an LLC (limited liability company).
This will take a little bit more administrative efforts, but we meet all requirements needed to form an LLC.
-What possible scenarios might occur that we can prepare ourselves for?
We have made plans for when we have more or less clients then we expected and for when we have problems with our suppliers.
Chapter One
Research proposal
in this chapter we describe which questions we have about financing a jewelry store and how we plan to answer them.
Research questions
In this business plan our main goal is to answer some questions about the financial part of our business. Of course it is very important that we know what we will be able to expect with regard to the financial part of our business and that we are prepared.
Our research questions were?
-What profit margin will be best for our products; meaning it will be profitable enough and the prices will not be unreasonably high?
-What costs can we expect in the daily operation of our company?
The Research paper on Feelings On Psychology Questions Expectations Expect
The mix of feelings and expectations I have as I enter this course has already captivated my attention, and the anticipation of topics to cover is sustaining it as well. I have always felt that science is and will always be that mysterious and thought provoking arena that is full of questions and answers that lead to more questions about why things are and what may be. I suspect psychology holds ...
-What sort of income can we expect during the daily operation of our company?
-What legal entity will be best suitable for our company?
-What possible scenarios might occur that we can prepare ourselves for?
Central question
Will we be able to run a profitable company, taking in account all expected costs and income?
Methodology
The main part of our research we will primarily use desk research and only secondary field research. This seems most appropriate considering the nature of our research questions.
We already performed out a lot of field research for the marketing part of our business plan. For answering questions like what legal entity is best suitable for our company and estimated income statements it will be necessary to hit the books and compare our situation with that of other companies and their financial data.
We already prepared the marketing part of our business plan. For this we had questionnaires filled out in several parts of the Netherlands.
Chapter Two
Personal Plan
In this chapter we tell something about ourselves and we give you our motivation.
CV and Motivation Pieter de Kroon
Personalia
Name: | P.J.A.M de Kroon (Pieter) |
Adress: | Clermontlunet 5F |
Postal code and city: | 6211 JH in Maastricht |
Telephone: | 0492-537804 |
Mobile Telephone: | 06 – 81934899 |
E-mail: | [email protected] |
Date of birth: | 27-06-1990 |
City of birth: | Almelo |
Nationality: | Dutch |
Drivers License: | B |
Marital status: | Single |
Social security number: | 1339.21.664 |
Education
2009-present | International Business School (graduated, diploma) at the Hogeschool Zuyd | Maastricht |
2008-2009 | International Business and Languages (no diploma) at the Hogeschool Zuyd | Maastricht |
2003-2007 | HAVO, Carolus Borromeus College. Graduated. | Helmond. |
Workexperience
2003-2005 | Janitor city hall Helmond |
| Type: | For the municipality in the city hall. | |
| Function: | Janitor | |
| Activities: | In this function I was responsible for cleaning, solving technical problems, moving furniture etc. | |
The Essay on A Good Business
What the characteristics of a good business looks like? The basic element of a good business is derived from a good management. It is true since business is run by individuals known as managers that perform specific business functions, such as manufacturing and production, finance and accounting, sales and marketing, and human resource departments. Identifying a good business is not an easy job; ...
| Fulltime/parttime: | Three times four weeks full-time in the summer. | |
2005-
2006 Callcenter in Helmond
Type: | Commercial professional callcenter. |
Function: | Callcenter-employee (calling people). |
Activities: | In this function I was responsible for calling people and trying to have them donate to Greenpeace. |
Fulltime/parttime: | Two times five and six weeks full-time in the summer. |
IT Knowledge
MS Word: | Good |
MS Excel: | Good |
MS Outlook: | Good |
SPSS: | Average/Poor |
MS Acces: | Average/Poor |
Extra information
International experience: in the year 2001-2002 visited Argentina for one entire year in a host-family as a Rotary Exchange Student to learn about cultural differences and to learn Spanish.
Languages
Dutch: | Motherlanguage |
English: | Very good |
Spanish: | Very good |
German: | Average/Poor |
Personal Motivation
Very motivated to realize our business plan in the making and to make our jewellery business a success. Motivated to work in a team and getting the result we want by implementing a good marketing and financial strategy.
CV and Motivation Floor Lindelauff
Personalia
Name: | F. Lindelauff (Floor) |
Adress: | Terra Cottaplein 25b |
Postal code and city: | 6216BJ Maastricht |
Telephone: | – |
Mobile Telephone: | +31 65 465 2027 |
E-mail: | [email protected] |
Date of birth: | 10-08-1988 |
City of birth: | Kerkrade |
Nationality: | Dutch |
Drivers License: | – |
Marital status: | Single |
Social security number: | 198765654 |
Education
2009 – present | International Business School, Zuyd University of Applied Sciences | Maastricht |
2008 – 2009 | HAVO, Leeuwenborgh opleidingen | Maastricht |
2003 – 2007 | MBO, Eindhovense School, Media design | Eindhoven |
Work experience
The Essay on High Low Organization Structure Costs
The Organization: What is an organization? Subjective perspective: a social system, which is trying to reach a common goal through coordination of actions and means. Objective perspective: the structure of the organization. The structure of an organization depends on 4 head points: 1. Division of labor 2. Coordination of labor 3. Authority system 4. Administration Flow chart (organizations ...
2009 – 2010 | Bartender – DancingSchool Beats and bars | Maastricht |
2007 – 2008 | Sales employee – Rousseau Chocolade BV | Maastricht |
IT Knowledge
MS Word: | Very good |
MS Excel: | Very good |
SPSS: | Above Average |
Adobe package: | Good |
| |
Languages
Dutch: | Mother language |
English: | Very good |
Spanish: | Average |
German: | Average |
Motivation
I want to start a jewellery shop because I think jewellery is for everybody. It is an easy way to express yourself, it does not have to be too expensive and you can still find a piece what really fits you. Another reason why jewellery is for everybody is that everybody can wear it, you cannot be too fat or to thin.
The reason in general why I want to start a shop in the first place is because I am a born manager. I love to plan stuff, coach people and run a business.
CV and motivation Sion Marx
Personalia
Name: | S. Marx (Sion) |
Adress: | Meierijstraat 5 |
Postal code and city: | 6137KK, Sittard |
Telephone: | +31 46 452 0152 |
Mobile Telephone: | +31 65 539 6872 |
E-mail: | [email protected] |
Date of birth: | 29-10-1991 |
City of birth: | Sittard |
Nationality: | Dutch |
Drivers License: | – |
Marital status: | Single |
Social security number: | 136587615 |
Education
2009 – present | International Business School, Zuyd University of Applied Sciences | Maastricht |
2008 – 2009 | HAVO, Trevianum Scholengroep | Sittard |
2003 – 2008 | VMBO-T Dacapo College | Sittard |
Workexperience
2009 – Present | Teleperformance Technical Support – Senior Agent | Roermond |
IT Knowledge
MS Word: | Very good |
MS Excel: | Very good |
SPSS: | Above Average |
MS Acces: | Average |
Languages
Dutch: | Motherlanguage |
English: | Very good |
Spanish: | Average |
German: | Average |
Personal Motivation
In my studies I am learning all the required competences to start my own business and run this business succesfully. I would like to use these competences to start my own business, which combines one of my passions; jewelry with the comptences I have learned in my studies.
The Term Paper on High Sale of Consumer Goods
Writing Task 2 of 6.1 Topic: Today, the high sales of popular consumer goods reflect the power of advertising and not the real needs of the society in which they are sold. To what extent do you agree or disagree? (Give reasons for your answer and include any relevant examples from your own knowledge or experience. Write at least 250 words.) Dave’s answer: A hot debate, whether high sales of ...
Chapter Three
Marketing Plan
In this Chapter we tell you something about our marketing plan.
FromRioToTokyo
What?
“FromRioToTokyo” a jewellery store who sells high quality jewellery and sells them for premium prices. The jewellery will come from all across the world and will have some noticeable different cultural influences. With this approach we hope to create a unique selling point.
Where?
We conducted field research in several cities in the Netherlands (Amsterdam, Utrecht, Eindhoven and Maastricht).
Our target group appeared to be present in larger numbers in Amsterdam. This is why we have chosen this city to open our shop, in the famous ‘Kalverstraat’.
Who?
Our target group will exist of fashionable consumers of 25 year and older that can afford and are willing to pay premium prices for our jewellery. We found out that this market segment spend the most money on jewellery. Tourists and consumers interested will feel appealed by our international image.
How?
To attract our customers we have made posters, which we think is appealing to our market segment. We think the posters will be ‘eye catchers’. We also want to create brand awareness by advertising in famous Dutch magazines that relate to our market segment. Creating brand awareness will be very important in the beginning because there is a lot of competition in the jewellery market with different characteristics.
For our marketing research we have also taken a look at our internal strengths and weaknesses and the external opportunities and threats that presented themselves in the market.
With our marketing mix and ideas for this company we are very confident in the success of our business.
Chapter Four
Financial Plan
In this chapter we describe our financial prospects.
Expected Turnover
| Expected Turnover |
| 2011 |
| Q1 | Q2 | Q3 | Q4 | Total |
| Sales per hour (In quantity) |
Low | 3 | 2,5 | 3 | 3,5 | |
Mid | | 1 | 0,75 | 1,25 | |
The Term Paper on Total Asset Bmw Audi Debt
... higher number probably indicates better asset management. Return on Assets: (Net Income/Total Assets) RoA measures the income resulting from a company's total assets. ... its profit margin figure. With high debt, and therefore high interest payments, high sales will be reduced to a ... comparisons of short term assets and liabilities that measure a company's ability meet its obligations. A low current or ...
High | | | 0,75 | 1 | |
| | | | | |
| Sales per week (In euro) |
Low | 12150 | 10125 | 12150 | 14175 | |
Mid | | 5400 | 4050 | 6750 | |
High | | | 5670 | 7560 | |
| | | | | |
| Sales per month (In euro) |
Low | 52650 | 43875 | 52650 | 61425 | |
Mid | | 23400 | 17550 | 29250 | |
High | | | 24570 | 32760 | |
| 52650 | 67275 | 94770 | 123435 | |
| | | | | |
| Total sales per quarter (In euro) |
Low | 157950 | 131625 | 157950 | 184275 | 631800 |
Mid | | 70200 | 52650 | 87750 | 210600 |
High | | | 73710 | 98280 | 171990 |
| 157950 | 201825 | 284310 | 370305 | 1014390 |
| | | | | |
| Cost of goods sold per month (In euro) |
Low | 31590 | 26325 | 31590 | 36855 | 126360 |
Mid | | 13455 | 10091,25 | 16818,75 | 40365 |
High | | | 13513,5 | 18018 | 31531,5 |
| 31590 | 39780 | 55194,75 | 71691,75 | 198256,5 |
| Expected Turnover |
| 2012 |
| Q1 | Q2 | Q3 | Q4 | Total |
| Sales per hour (In quantity) |
Low | 3,5 | 3,5 | 3,5 | 4 | |
Mid | 1,25 | 1 | 1 | 1,75 | |
High | 1 | 0,75 | 0,75 | 1 | |
| | | | | |
| Sales per week (In euro) |
Low | 14175 | 14175 | 14175 | 16200 | |
Mid | 6750 | 5400 | 5400 | 9450 | |
High | 7560 | 5670 | 5670 | 7560 | |
| | | | | |
| Sales per month (In euro) |
Low | 61425 | 61425 | 61425 | 70200 | |
Mid | 29250 | 23400 | 23400 | 40950 | |
High | 32760 | 24570 | 24570 | 32760 | |
| 123435 | 109395 | 109395 | 143910 | |
| | | | | |
| Total sales per quarter (In euro) |
Low | 184275 | 184275 | 184275 | 210600 | 763425 |
Mid | 87750 | 70200 | 70200 | 122850 | 351000 |
High | 98280 | 73710 | 73710 | 98280 | 343980 |
| 370305 | 328185 | 328185 | 431730 | 1458405 |
| | | | | |
| Cost of goods sold per month (In euro) |
Low | 36855 | 36855 | 36855 | 42120 | 152685 |
Mid | 16818,75 | 13455 | 13455 | 23546,25 | 67275 |
High | 18018 | 13513,5 | 13513,5 | 18018 | 63063 |
| 71691,75 | 63823,5 | 63823,5 | 83684,25 | 283023 |
| Expected Turnover |
| 2013 |
| Q1 | Q2 | Q3 | Q4 | Total |
| Sales per hour (In quantity) |
Low | 3,75 | 4 | 4 | 4,5 | |
Mid | 1,5 | 1 | 1 | 2 | |
High | 1 | 1 | 1 | 1,25 | |
| | | | | |
| Sales per week (In euro) |
Low | 15187,5 | 16200 | 16200 | 18225 | |
Mid | 8100 | 5400 | 5400 | 10800 | |
High | 7560 | 7560 | 7560 | 9450 | |
| | | | | |
| Sales per month (In euro) |
Low | 65812,5 | 70200 | 70200 | 78975 | |
Mid | 35100 | 23400 | 23400 | 46800 | |
High | 32760 | 32760 | 32760 | 40950 | |
| 133672,5 | 126360 | 126360 | 166725 | |
| | | | | |
| Total sales per quarter (In euro) |
Low | 197437,5 | 210600 | 210600 | 236925 | 855562,5 |
Mid | 105300 | 70200 | 70200 | 140400 | 386100 |
High | 98280 | 98280 | 98280 | 122850 | 417690 |
| 401017,5 | 379080 | 379080 | 500175 | 1659352,5 |
| | | | | |
| Cost of goods sold per month (In euro) |
Low | 39487,5 | 42120 | 42120 | 47385 | 171112,5 |
Mid | 20182,5 | 13455 | 13455 | 26910 | 74002,5 |
High | 18018 | 18018 | 18018 | 22522,5 | 76576,5 |
| 77688 | 73593 | 73593 | 96817,5 | 321691,5 |
Expected Cashflow
Expected Income Statements
Income Statement |
2011 |
Sales Revenue | | | |
Low | | | 631.800,00 |
Mid | | | 210.600,00 |
High | | | 171.990,00 |
Total Sales Revenue | | | 1.014.390,00 |
Cost of goods sold | | | |
Low | 379.080,00 | | |
Mid | 121.095,00 | | |
High | 94.594,50 | | |
Total costs of goods sold | | 594.769,50 | |
Operating Expenses | | | |
Operation Costs | 50.719,50 | | |
Rent | 88.000,00 | | |
Sales & Marketing | 50.000,00 | | |
Payroll | 75.000,00 | | |
Depreciation | 45.500,00 | | |
Repayment | 25.000,00 | | |
Investments | 2.625,00 | | |
Other Operating Expenses | 25.000,00 | | |
VAT | 66.998,23 | | |
Total Operating Expenses | | 428.842,73 | |
Total Expenses | | | 1.023.612,23 |
Profit Before Interest & Taxes | | | -9.222,23 |
Interest | | | 9.350,00 |
Profit Before Taxes | | | -18.572,23 |
Taxes | | | 0,00 |
Net Profit | | | -18.572,23 |
Income Statement |
2012 |
Sales Revenue | | | |
Low | | | 763.425,00 |
Mid | | | 351.000,00 |
High | | | 343.980,00 |
Total Sales Revenue | | | 1.458.405,00 |
Cost of goods sold | | | |
Low | 458.055,00 | | |
Mid | 201.825,00 | | |
High | 189.189,00 | | |
Total costs of goods sold | | 849.069,00 | |
Operating Expenses | | | |
Operation Costs | 109.380,38 | | |
Rent | 88.000,00 | | |
Sales & Marketing | 50.000,00 | | |
Payroll | 105.000,00 | | |
Depreciation | 45.625,00 | | |
Repayment | 25.000,00 | | |
Investments | 30.316,00 | | |
Other Operating Expenses | 27.500,00 | | |
VAT | 99.289,12 | | |
Total Operating Expenses | | 580.110,50 | |
Total Expenses | | | 1.429.179,50 |
Profit Before Interest & Taxes | | | 29.225,50 |
Interest | | | 8.040,00 |
Profit Before Taxes | | | 21.185,50 |
Taxes | | | 4.237,10 |
Net Profit | | | 16.948,40 |
|
Income Statement |
2013 |
Sales Revenue | | | |
Low | | | 855.562,50 |
Mid | | | 386.100,00 |
High | | | 417.690,00 |
Total Sales Revenue | | | 1.659.352,50 |
Cost of goods sold | | | |
Low | 513.337,50 | | |
Mid | 222.007,50 | | |
High | 229.729,50 | | |
Total costs of goods sold | | 965.074,50 | |
Operating Expenses | | | |
Operation Costs | 124.451,44 | | |
Rent | 88.000,00 | | |
Sales & Marketing | 50.000,00 | | |
Payroll | 110.000,00 | | |
Depreciation | 50.036,00 | | |
Repayment | 25.000,00 | | |
Investments | 10.420,00 | | |
Other Operating Expenses | 35.000,00 | | |
VAT | 110.851,10 | | |
Total Operating Expenses | | 603.758,54 | |
Total Expenses | | | 1.568.833,04 |
Profit Before Interest & Taxes | | | 90.519,46 |
Interest | | | 6.750,00 |
Profit Before Taxes | | | 83.769,46 |
Taxes | | | 16.753,89 |
Net Profit | | | 67.015,57 |
Expected Balance Sheets
Balance Sheet January 1st 2011 |
Fixed Assets | | Equity | $ 75.000,00 |
| Furniture | $ 180.000,00 | | | |
| Electronics | $ 6.500,00 | Long-term Liabiities | |
| Equipment | $ 2.500,00 | | Bank Loan | $ 100.000,00 |
| Other Fixed Assets | $ 25.000,00 | | Private Loan | $ 75.000,00 |
| Inventory | $ 52.650,00 | Total Long-term Liabilities | $ 175.000,00 |
Total Fixed Assets | $ 266.650,00 | | | |
| | | Short-term Liabilities | |
Current Assets | | | Accounts Payable | $ 52.650,00 |
| Bank | $ 34.000,00 | Total Short-term Liabilites | $ 52.650,00 |
| Cash | $ 2.000,00 | | | |
Total Current Assets | $ 36.000,00 | | | |
| | | | | |
Total Assets | $ 302.650,00 | Total Liabilities | $ 302.650,00 |
| | | | | |
Balance Sheet December 31st 2011 |
Fixed Assets | | Equity | $ 56.427,77 |
| Furniture | $ 150.000,00 | | | |
| Electronics | $ 4.500,00 | Long-term Liabiities | |
| Equipment | $ 2.625,00 | | Bank Loan | $ 90.000,00 |
| Other Fixed Assets | $ 14.000,00 | | Private Loan | $ 60.000,00 |
| Inventory | $ 71.691,75 | Total Long-term Liabilities | $ 150.000,00 |
Total Fixed Assets | $ 242.816,75 | | | |
| | | Short-term Liabilities | |
Current Assets | | | Accounts Payable | $ 114.061,91 |
| Bank | $ 103.091,49 | | VAT Payable | $ 27.418,56 |
| Cash | $ 2.000,00 | Total Short-term Liabilites | $ 141.480,47 |
Total Current Assets | $ 105.091,49 | | | |
| | | | | |
Total Assets | $ 347.908,24 | Total Liabilities | $ 347.908,24 |
| | | | | |
Balance Sheet January 1st 2012 |
Fixed Assets | | Equity | $ 56.427,77 |
| Furniture | $ 150.000,00 | | | |
| Electronics | $ 4.500,00 | Long-term Liabiities | |
| Equipment | $ 2.625,00 | | Bank Loan | $ 90.000,00 |
| Other Fixed Assets | $ 14.000,00 | | Private Loan | $ 60.000,00 |
| Inventory | $ 71.691,75 | Total Long-term Liabilities | $ 150.000,00 |
Total Fixed Assets | $ 242.816,75 | | | |
| | | Short-term Liabilities | |
Current Assets | | | Accounts Payable | $ 114.061,91 |
| Bank | $ 75.672,93 | Total Short-term Liabilites | $ 114.061,91 |
| Cash | $ 2.000,00 | | | |
Total Current Assets | $ 77.672,93 | | | |
| | | | | |
Total Assets | $ 320.489,68 | Total Liabilities | $ 320.489,68 |
| | | | | |
Balance Sheet December 31st 2012 |
Fixed Assets | | Equity | $ 73.376,17 |
| Furniture | $ 120.000,00 | | | |
| Electronics | $ 2.500,00 | Long-term Liabiities | |
| Equipment | $ 2.756,00 | | Bank Loan | $ 80.000,00 |
| Other Fixed Assets | $ 27.560,00 | | Private Loan | $ 45.000,00 |
| Inventory | $ 77.688,00 | Total Long-term Liabilities | $ 125.000,00 |
Total Fixed Assets | $ 230.504,00 | | | |
| | | Short-term Liabilities | |
Current Assets | | | Accounts Payable | $ 109.199,46 |
| Bank | $ 107.090,30 | | VAT Payable | $ 32.018,67 |
| Cash | $ 2.000,00 | Total Short-term Liabilites | $ 141.218,13 |
Total Current Assets | $ 109.090,30 | | | |
| | | | | |
Total Assets | $ 339.594,30 | Total Liabilities | $ 339.594,30 |
| | | | | |
Balance Sheet January 1st 2013 |
Fixed Assets | | Equity | $ 73.376,17 |
| Furniture | $ 120.000,00 | | | |
| Electronics | $ 2.500,00 | Long-term Liabiities | |
| Equipment | $ 2.756,00 | | Bank Loan | $ 80.000,00 |
| Other Fixed Assets | $ 27.560,00 | | Private Loan | $ 45.000,00 |
| Inventory | $ 77.688,00 | Total Long-term Liabilities | $ 125.000,00 |
Total Fixed Assets | $ 230.504,00 | | | |
| | | Short-term Liabilities | |
Current Assets | | | Accounts Payable | $ 109.199,46 |
| Bank | $ 75.071,63 | Total Short-term Liabilites | $ 109.199,46 |
| Cash | $ 2.000,00 | | | |
Total Current Assets | $ 77.071,63 | | | |
| | | | | |
Total Assets | $ 307.575,63 | Total Liabilities | $ 307.575,63 |
| | | | | |
Balance Sheet December 31st 2013 |
Fixed Assets | | Equity | $ 140.391,74 |
| Furniture | $ 90.000,00 | | | |
| Electronics | $ 7.525,00 | Long-term Liabiities | |
| Equipment | $ 2.895,00 | | Bank Loan | $ 70.000,00 |
| Other Fixed Assets | $ 12.280,00 | | Private Loan | $ 30.000,00 |
| Inventory | $ 96.817,50 | Total Long-term Liabilities | $ 100.000,00 |
Total Fixed Assets | $ 209.517,50 | | | |
| | | Short-term Liabilities | |
Current Assets | | | Accounts Payable | $ 175.226,90 |
| Bank | $ 241.294,35 | | VAT Payable | $ 37.193,21 |
| Cash | $ 2.000,00 | Total Short-term Liabilites | $ 212.420,11 |
Total Current Assets | $ 243.294,35 | | | |
| | | | | |
Total Assets | $ 452.811,85 | Total Liabilities | $ 452.811,85 |
| | | | | |
Chapter Five
Law and Organizational Plan
Here we describe our legal form and other organizational documents.
Legal Entity
We have chosen for this legal form because it has as one big advantage: the business itself is a legal entity; therefore we don’t have liability for our debts.
In the Netherlands if you want to start a LLC you need a start-up capital of €18,000 so this A disadvantage for starting a LLC but we are confident enough to raise this amount of money.
An advantage of a LLC is that the stocks are limited in resale so in the beginning you can keep it small and you know who the other shareholders are. The disadvantage of this point is you are not allowed to trade stocks outside your shareholders and family.
Another advantage is that you can manage your own retirement savings, so it is your own responsibility to save, invest, etc. The last disadvantage that we found is that it takes more steps to form an LLC because you have to go to an accountant and a notary so it takes you more time and money to form it.
Required Licenses
We will have to register with the Chamber of Commerce.
After that the department of justice has to approve based on the official document formulated by a notary.
An environment license and advertisement license might be necessary.
Development plan
Our shop will be located at the Kalverstraat in Amsterdam. This is already a shopping street so our shop fits perfectly in the development plan of the city of Amsterdam.
Contract
For our employees we need to have a contract, this contract is enclosed in appendix 1.
Scenario analyse
We have analysed and anticipated on certain scenarios that could possibly occur in the future.
With the current economic crisis these are uncertain times for starting entrepreneur. Trends and consumer wishes change fast.
And in the daily operation of a company many things can go wrong that are hard to prepare for. It is good to have several ‘plan B’s’.
Below are some concrete measurements we will take if certain situations find place.
Less clients then expected
If we analyse the state of the business after the first three months and we see that we do not have as much customers (at least ten percent less) as we have expected we will:
1. Intensify our marketing and increase our marketing budget with fifteen percent.
2. Decrease our profit margin from 35 to 30 percent.
3. Organise a ‘crazy Monday’ every first Monday of the month where we offer our products against a ten percent discount in order to attract customers.
More clients then expected
If we analyse the state of the business after the first three months and we see that we have more customers (at least fifteen percent) as we have expected we will:
1. Reorganise our assortment. The cheapest five percent of the products will be removed from the assortment and we will expand our assortment of higher priced jewellery. We want to be exclusive and if we are successful we will capitalize more on that.
2. Increase our profit margin from 35 to 40 percent for all products that are new in the assortment. (Of course we will not raise prices of products we already have because we don’t want our customers to notice)
3. We will introduce customer-cards with which we will keep track of how much the customer has spent in our store. You get a stamp for every hundred euro. After having spend 500 hundred euro you get a 25 % discount on the next product you buy.
4. If we have more then twenty percent more customers then expected we will hire another employee to help out with the shop.
Supplier problems
If we have supplier problems which means a supplier delays in it’s delivery, and thereby causing a serious stocking problem, we will:
1. Announce a ten percent discount in the period (e.g the following week) that the supplier will definitely have delivered to encourage potential customers to wait a while before they will buy our products.
2. Increase our stock volume with 15% in the future.
3. Search for another replacing supplier in the future if the problem occurs more then once. We already have some contacts. We will also contact other suppliers during the time that we have the stocking problem for a temporary solution.
Bibliography
http://www.mkbservicedesk.nl/1357/welke-regels-gelden-voor-mijn-nieuwe.htmhttp://www.evd.nl/zoeken/showbouwsteen.asp?bstnum=6696&location=
http://www.kvk.nl/wetten_en_regels/rechtsvormen/overzicht_rechtsvormen/de_besloten_vennootschap_bv/
http://www.rabobank.nl/images/detailhandel_non-food_juweliers_okt_2009_2936099.pdf?ra_resize=yes&ra_width=800&ra_height=600&ra_toolbar=yes&ra_locationbar=yes
http://nl.wikipedia.org/wiki/Kalverstraat
http://www.franchiseformules.nl/data/items/EEVVApkpyErFhVoZRB.php
Appendix One Employee Contract
THIS EMPLOYMENT AGREEMENT (the “Agreement”) made and entered into on [specify date], by and between [Name of Employee] (the “Employee”), an individual residing at [specify address] and FromRioToTokyo BV (the “Company), Having offices at Kalverstraat 98, Amsterdam
W I T N E S S E T H:
WHEREAS, the Employee is willing to enter into this Agreement and employment with the Company upon the conditions and terms herein set forth;
NOW THEREFORE, for the valuable consideration set forth in this Agreement and intending to be legally bound, the Employee and the Company mutually promise and agree as follows:
1. Position and Duties. During the time this Agreement is in effect, the Company will employ the Employee and the Employee will accept such employment, in such capacities and with such powers and duties as may from time to time be determined by the President of the Company. The Employee will devote substantially all of his time and attention to, and will use his best energies and abilities in the performance of, his duties and responsibilities as prescribed in this Paragraph 1, and will not engage as a director, officer, employee, partner, shareholder, or any other capacity, in any business which competes, conflicts or interferes with the performance of his duties hereunder in any way, or solicit, canvass or accept any business or transaction for any other such competing business.
2. Compensation and Incentives.
A. For all services to be rendered by the Employee pursuant to Paragraph 1 of this Agreement, and in part of the consideration for the other obligations and promises of the Employee as set forth in this Agreement, the Company will compensate the Employee at the annual rate of [specify] (“Base Compensation”) with it being intended that such Base Compensation shall be reviewed annually hereafter, with the changes in Base Compensation to be determined by the President in his sole discretion from time to time based on the performance of the Employee and the results of the Company. The Base Compensation shall be paid to the Employee in equal installments and shall be subject to applicable income tax withholding deductions required by law and other deductions authorized by the Employee. The Employee will be entitled to reasonable vacation and sick leave in accordance with Company policy.
B. In addition to his Base Compensation, the Employee will be entitled to the following performance incentives during the time he is employed by the Company:
i) A sales commission of [specify] percent of the gross amount of all sales to new customers with whom it was the Employee who made the initial contact on behalf of the Company. From time to time, the Company may also designate existing customers as accounts of the Employee, for which the Employee will earn Sales Commissions at the above rate. Sales Commissions earned will be paid upon the completion of each respective project (i.e., when all engineering work has been completed and the customer’s invoices relating thereto have been fully paid).
3. Term. This Agreement for employment by and between the parties shall be an agreement for employment at will commencing on the date hereof, subject to immediate termination by either party with or without notice or cause.
Nothing contained in this Agreement shall be construed to prevent the Company from terminating the employment of the Employee hereunder at any time for cause. As used in this Agreement, “termination for cause” shall mean a termination based upon the dishonesty, gross negligence, incompetence or moral turpitude of the Employee or any failure to perform his duties hereunder or otherwise comply with and observe the covenants and agreements made by him herein.
4. Non-Competition. During the time of his employment by the Company, and for a period of One (1) year thereafter, the Employee shall not, directly or indirectly, acting alone or in conjunction with others:
A. Request any customers of any business then being conducted by the Company to curtail or cancel their business with the Company;
B. Solicit, canvass or accept any business or transaction for any other person, firm or corporation or business similar to the business of the Company, from any past or existing customers of the Company;
C. Induce, or attempt to influence, any employee of the Company to terminate employment with the Company or to enter into any employment or other business relationship with any other person (including the Employee), firm or corporation; or
D. Act or conduct himself in any manner which is contrary to the best interests of the Company.
The Employee recognizes that immediate and irreparable damage will result to the Company if the Employee breaches any of the terms and conditions of this Paragraph 4 and, accordingly, the Employee hereby consents to the entry by any court of competent jurisdiction of an injunction against him to restrain any such breach, in addition to any other remedies or claims for money or damages which the Company may seek. The Employee represents and warrants to the Company his experience and capabilities are such that he can obtain employment in business without breaching the terms and conditions of this Paragraph 4, and that his obligations under the provisions of this Paragraph 4 (and the enforcement thereof by injunction or otherwise) will not prevent him from earning a livelihood. The Employee agrees to pay any and all reasonable attorney fees sustained by the Company in connection with any breach of this Agreement.
5. Trade Secrets/Confidential Information. The Employee agrees that he will not at any time or in any manner divulge, disclose or communicate to any person, firm or corporation any trade, technical or technological secrets; any details of the Company’s organization or business affairs, its manner of operation, its plans, processes, and/or other data; any names of past or present customers of the Company; or any other information relating to the business of the Company, without regard to whether all of the foregoing matters will be deemed confidential, material, or important. With respect to the foregoing, the Employee hereby stipulates and agrees that the same are confidential, material, and important, and any breach of this Paragraph 5 will adversely affect the business of the Company, its effective and successful management, and its inherent good will.
6. Assignment. The benefits of this Agreement are and shall be personal to the Employee, and none thereof shall inure to the benefit of his heirs, personal representatives, or assigns. The obligations and duties of the Employee hereunder shall be personal and not assignable or delegable by him in any manner, whatsoever. This Agreement shall be binding upon and inure to the benefit of the Company and it shall be assignable by the Company to any entity which may acquire substantially all of the business and assets of the Company, or with or into which the Company may be merged or consolidated.
7. Entire Agreement, Amendment. This Agreement constitutes the entire agreement between the parties with respect to the employment of the Employee by the Company and shall be deemed to supersede and cancel any other written agreements between the parties hereto relating to the transactions herein contemplated. No representation, inducement or condition set forth herein has been made or relied upon by any party. This Agreement may be amended, modified or waived only by an instrument in writing signed by the Employee and an authorized executive officer of the Company.
8. General. The headings of the Articles and Paragraphs of this Agreement are for the convenience of reference and not to be used to interpret or construe any provisions of this Agreement. This Agreement shall be construed and enforced in accordance with and governed by the laws of [specify state].
IN WITNESS WHEREOF, the parties have executed this Agreement on the date first above written.
[NAME OF EMPLOYEE] FromRioToTokyo BV.
(“Employee”) (“Employer”)
Appendix Two Peer assessments about Pieter de Kroon
Peer assessment form personal competencies in year 1
The heading of each group of questions refers to the specific personal competencies which will be dealt with in the first year of IBS. These competencies are derived from the BBA domain competencies, which apply to IBS. Please fill in all items every quarter.
Assessor: Floor Lindelauff Peer: Pieter de Kroon
5: strong competency 2: needs further attention4: competency well-developed 1: improvement essential3: competency reasonably well-developed ?: I am unable to comment |
Motivation: the ability to take the initiative, to become a self starter.
Main focus in block 1
-Has a positive, get-up-and-go attitude 5 4 3 2 1 ?
-Makes an impression of being prepared all the time 5 4 3 2 1 ?
-Takes the initiative and does not need to be reminded of commitments 5 4 3 2 1 ?
-Acts in line with values, standards and code of conduct 5 4 3 2 1 ?
Learning and self-development: The ability to know his strengths and weaknesses and to indicate how and when he intends to improve his weaknesses; awareness of limits of his competencies and ability to critically evaluate and account for his own actions; acceptance of feedback and implementation in improvement.
Main focus in block 2
-Awareness of personal strengths and weaknesses 5 4 3 2 1 ?
-Openness to feedback from colleagues 5 4 3 2 1 ?
-Ability to reflect on feedback and transform it into personal improvement 5 4 3 2 1 ?
Time management: The ability to plan, manage, control and evaluate personal work activities and group work in projects. The ability to make use of relevant techniques in his activities and to monitor his own performance.
Main focus in block 3
-Able to make a realistic and effective planning of activities. 5 4 3 2 1 ?
-Able to indicate at any time how much work has been carried out 5 4 3 2 1 ?
-Discusses delays in progress with the person responsible 5 4 3 2 1 ?
Cooperation: The ability to actively contribute to a group product or result.
Main focus in block 4
-Has a good personal contribution to the group result 5 4 3 2 1 ?
-Is interested in both the contents and in the other person 5 4 3 2 1 ?
-Gives others the opportunity to convey their point of view 5 4 3 2 1 ?
-Gives useful feedback on the contribution of other persons 5 4 3 2 1 ?
-Switches easily between asking questions and giving information
and vice versa 5 4 3 2 1 ?
-Is prepared to accept and incorporate changes to tasks, responsibilities. 5 4 3 2 1 ?
-Keeps the group on track to reach the group goals 5 4 3 2 1 ?
Describe in your own words in which two aspects the assessed student has an exemplary positive role and in which two aspects she/he can still improve her/himself. Please note: to help your fellow student it is better to be honest than to be kind.
Exemplary aspects:
He has his work always finished on time.
He always has a helping hand for does that need it.
Learning aspects:
He should take more initiative.
He has to show more interest in the Project
Peer assessment form personal competencies in year 1
The heading of each group of questions refers to the specific personal competencies which will be dealt with in the first year of IBS. These competencies are derived from the BBA domain competencies, which apply to IBS. Please fill in all items every quarter.
Assessor: Sion Marx Peer:Pieter de Kroon
5: strong competency 2: needs further attention4: competency well-developed 1: improvement essential3: competency reasonably well-developed ?: I am unable to comment |
Motivation: the ability to take the initiative, to become a self starter.
Main focus in block 1
-Has a positive, get-up-and-go attitude 5 4 3 2 1 ?
-Makes an impression of being prepared all the time 5 4 3 2 1 ?
-Takes the initiative and does not need to be reminded of commitments 5 4 3 2 1 ?
-Acts in line with values, standards and code of conduct 5 4 3 2 1 ?
Learning and self-development: The ability to know his strengths and weaknesses and to indicate how and when he intends to improve his weaknesses; awareness of limits of his competencies and ability to critically evaluate and account for his own actions; acceptance of feedback and implementation in improvement.
Main focus in block 2
-Awareness of personal strengths and weaknesses 5 4 3 2 1 ?
-Openness to feedback from colleagues 5 4 3 2 1 ?
-Ability to reflect on feedback and transform it into personal improvement 5 4 3 2 1 ?
Time management: The ability to plan, manage, control and evaluate personal work activities and group work in projects. The ability to make use of relevant techniques in his activities and to monitor his own performance.
Main focus in block 3
-Able to make a realistic and effective planning of activities. 5 4 3 2 1 ?
-Able to indicate at any time how much work has been carried out 5 4 3 2 1 ?
-Discusses delays in progress with the person responsible 5 4 3 2 1 ?
Cooperation: The ability to actively contribute to a group product or result.
Main focus in block 4
-Has a good personal contribution to the group result 5 4 3 2 1 ?
-Is interested in both the contents and in the other person 5 4 3 2 1 ?
-Gives others the opportunity to convey their point of view 5 4 3 2 1 ?
-Gives useful feedback on the contribution of other persons 5 4 3 2 1 ?
-Switches easily between asking questions and giving information
and vice versa 5 4 3 2 1 ?
-Is prepared to accept and incorporate changes to tasks, responsibilities. 5 4 3 2 1 ?
-Keeps the group on track to reach the group goals 5 4 3 2 1 ?
Describe in your own words in which two aspects the assessed student has an exemplary positive role and in which two aspects she/he can still improve her/himself. Please note: to help your fellow student it is better to be honest than to be kind.
Exemplary aspects:
1. Has shown that he is able to handle more responsibility.
2. Does the work good and adequate.
Learning aspects:
1. May have more critique on the other students.
2. .
Appendix Three Peer Assesments about Floor Lindelauff
Peer assessment form personal competencies in year 1
The heading of each group of questions refers to the specific personal competencies which will be dealt with in the first year of IBS. These competencies are derived from the BBA domain competencies, which apply to IBS. Please fill in all items every quarter.
Assessor: Pieter de Kroon Peer: Floor Lindelauff
5: strong competency 2: needs further attention4: competency well-developed 1: improvement essential3: competency reasonably well-developed ?: I am unable to comment |
Motivation: the ability to take the initiative, to become a self starter.
Main focus in block 1
-Has a positive, get-up-and-go attitude 5 4 3 2 1 ?
-Makes an impression of being prepared all the time 5 4 3 2 1 ?
-Takes the initiative and does not need to be reminded of commitments 5 4 3 2 1 ?
-Acts in line with values, standards and code of conduct 5 4 3 2 1 ?
Learning and self-development: The ability to know his strengths and weaknesses and to indicate how and when he intends to improve his weaknesses; awareness of limits of his competencies and ability to critically evaluate and account for his own actions; acceptance of feedback and implementation in improvement.
Main focus in block 2
-Awareness of personal strengths and weaknesses 5 4 3 2 1 ?
-Openness to feedback from colleagues 5 4 3 2 1 ?
-Ability to reflect on feedback and transform it into personal improvement 5 4 3 2 1 ?
Time management: The ability to plan, manage, control and evaluate personal work activities and group work in projects. The ability to make use of relevant techniques in his activities and to monitor his own performance.
Main focus in block 3
-Able to make a realistic and effective planning of activities. 5 4 3 2 1 ?
-Able to indicate at any time how much work has been carried out 5 4 3 2 1 ?
-Discusses delays in progress with the person responsible 5 4 3 2 1 ?
Cooperation: The ability to actively contribute to a group product or result.
Main focus in block 4
-Has a good personal contribution to the group result 5 4 3 2 1 ?
-Is interested in both the contents and in the other person 5 4 3 2 1 ?
-Gives others the opportunity to convey their point of view 5 4 3 2 1 ?
-Gives useful feedback on the contribution of other persons 5 4 3 2 1 ?
-Switches easily between asking questions and giving information
and vice versa 5 4 3 2 1 ?
-Is prepared to accept and incorporate changes to tasks, responsibilities. 5 4 3 2 1 ?
-Keeps the group on track to reach the group goals 5 4 3 2 1 ?
Describe in your own words in which two aspects the assessed student has an exemplary positive role and in which two aspects she/he can still improve her/himself. Please note: to help your fellow student it is better to be honest than to be kind.
Exemplary aspects:
1.Leadership qualities.
2. Able to check and motivate you to have your work done on time, but also in a pleasant way (not in an annoying way).
Learning aspects:
1.
2. Has a strong preference for which work of the tasks should be done by her.
Peer assessment form personal competencies in year 1
The heading of each group of questions refers to the specific personal competencies which will be dealt with in the first year of IBS. These competencies are derived from the BBA domain competencies, which apply to IBS. Please fill in all items every quarter.
Assessor: Sion Marx Peer: Floor Lindelauff
5: strong competency 2: needs further attention4: competency well-developed 1: improvement essential3: competency reasonably well-developed ?: I am unable to comment |
Motivation: the ability to take the initiative, to become a self starter.
Main focus in block 1
-Has a positive, get-up-and-go attitude 5 4 3 2 1 ?
-Makes an impression of being prepared all the time 5 4 3 2 1 ?
-Takes the initiative and does not need to be reminded of commitments 5 4 3 2 1 ?
-Acts in line with values, standards and code of conduct 5 4 3 2 1 ?
Learning and self-development: The ability to know his strengths and weaknesses and to indicate how and when he intends to improve his weaknesses; awareness of limits of his competencies and ability to critically evaluate and account for his own actions; acceptance of feedback and implementation in improvement.
Main focus in block 2
-Awareness of personal strengths and weaknesses 5 4 3 2 1 ?
-Openness to feedback from colleagues 5 4 3 2 1 ?
-Ability to reflect on feedback and transform it into personal improvement 5 4 3 2 1 ?
Time management: The ability to plan, manage, control and evaluate personal work activities and group work in projects. The ability to make use of relevant techniques in his activities and to monitor his own performance.
Main focus in block 3
-Able to make a realistic and effective planning of activities. 5 4 3 2 1 ?
-Able to indicate at any time how much work has been carried out 5 4 3 2 1 ?
-Discusses delays in progress with the person responsible 5 4 3 2 1 ?
Cooperation: The ability to actively contribute to a group product or result.
Main focus in block 4
-Has a good personal contribution to the group result 5 4 3 2 1 ?
-Is interested in both the contents and in the other person 5 4 3 2 1 ?
-Gives others the opportunity to convey their point of view 5 4 3 2 1 ?
-Gives useful feedback on the contribution of other persons 5 4 3 2 1 ?
-Switches easily between asking questions and giving information
and vice versa 5 4 3 2 1 ?
-Is prepared to accept and incorporate changes to tasks, responsibilities. 5 4 3 2 1 ?
-Keeps the group on track to reach the group goals 5 4 3 2 1 ?
Describe in your own words in which two aspects the assessed student has an exemplary positive role and in which two aspects she/he can still improve her/himself. Please note: to help your fellow student it is better to be honest than to be kind.
Exemplary aspects:
1.Very strong leader.
2.Good improvement on handling critique..
Learning aspects:
1. Even though being able to handle critique has improved there is still room for improvement.
2.
Appendix Four Peer Assesments about Sion Marx
Peer assessment form personal competencies in year 1
The heading of each group of questions refers to the specific personal competencies which will be dealt with in the first year of IBS. These competencies are derived from the BBA domain competencies, which apply to IBS. Please fill in all items every quarter.
Assessor: Floor Lindelauff Peer: Sion Marx
5: strong competency 2: needs further attention4: competency well-developed 1: improvement essential3: competency reasonably well-developed ?: I am unable to comment |
Motivation: the ability to take the initiative, to become a self starter.
Main focus in block 1
-Has a positive, get-up-and-go attitude 5 4 3 2 1 ?
-Makes an impression of being prepared all the time 5 4 3 2 1 ?
-Takes the initiative and does not need to be reminded of commitments 5 4 3 2 1 ?
-Acts in line with values, standards and code of conduct 5 4 3 2 1 ?
Learning and self-development: The ability to know his strengths and weaknesses and to indicate how and when he intends to improve his weaknesses; awareness of limits of his competencies and ability to critically evaluate and account for his own actions; acceptance of feedback and implementation in improvement.
Main focus in block 2
-Awareness of personal strengths and weaknesses 5 4 3 2 1 ?
-Openness to feedback from colleagues 5 4 3 2 1 ?
-Ability to reflect on feedback and transform it into personal improvement 5 4 3 2 1 ?
Time management: The ability to plan, manage, control and evaluate personal work activities and group work in projects. The ability to make use of relevant techniques in his activities and to monitor his own performance.
Main focus in block 3
-Able to make a realistic and effective planning of activities. 5 4 3 2 1 ?
-Able to indicate at any time how much work has been carried out 5 4 3 2 1 ?
-Discusses delays in progress with the person responsible 5 4 3 2 1 ?
Cooperation: The ability to actively contribute to a group product or result.
Main focus in block 4
-Has a good personal contribution to the group result 5 4 3 2 1 ?
-Is interested in both the contents and in the other person 5 4 3 2 1 ?
-Gives others the opportunity to convey their point of view 5 4 3 2 1 ?
-Gives useful feedback on the contribution of other persons 5 4 3 2 1 ?
-Switches easily between asking questions and giving information
and vice versa 5 4 3 2 1 ?
-Is prepared to accept and incorporate changes to tasks, responsibilities. 5 4 3 2 1 ?
-Keeps the group on track to reach the group goals 5 4 3 2 1 ?
Describe in your own words in which two aspects the assessed student has an exemplary positive role and in which two aspects she/he can still improve her/himself. Please note: to help your fellow student it is better to be honest than to be kind.
Exemplary aspects:
He has his work always finished on time.
He always has a helping hand for does who need it.
Learning aspects:
Has to be reminded that he doesn’t have to do everything by himself
He doesn’t always know that other people can do the work as good as him.
Peer assessment form personal competencies in year 1
Peer assessment form personal competencies in year 1
The heading of each group of questions refers to the specific personal competencies which will be dealt with in the first year of IBS. These competencies are derived from the BBA domain competencies, which apply to IBS. Please fill in all items every quarter.
Assessor: Pieter de Kroon Peer: Sion Marx
5: strong competency 2: needs further attention4: competency well-developed 1: improvement essential3: competency reasonably well-developed ?: I am unable to comment |
Motivation: the ability to take the initiative, to become a self starter.
Main focus in block 1
-Has a positive, get-up-and-go attitude 5 4 3 2 1 ?
-Makes an impression of being prepared all the time 5 4 3 2 1 ?
-Takes the initiative and does not need to be reminded of commitments 5 4 3 2 1 ?
-Acts in line with values, standards and code of conduct 5 4 3 2 1 ?
Learning and self-development: The ability to know his strengths and weaknesses and to indicate how and when he intends to improve his weaknesses; awareness of limits of his competencies and ability to critically evaluate and account for his own actions; acceptance of feedback and implementation in improvement.
Main focus in block 2
-Awareness of personal strengths and weaknesses 5 4 3 2 1 ?
-Openness to feedback from colleagues 5 4 3 2 1 ?
-Ability to reflect on feedback and transform it into personal improvement 5 4 3 2 1 ?
Time management: The ability to plan, manage, control and evaluate personal work activities and group work in projects. The ability to make use of relevant techniques in his activities and to monitor his own performance.
Main focus in block 3
-Able to make a realistic and effective planning of activities. 5 4 3 2 1 ?
-Able to indicate at any time how much work has been carried out 5 4 3 2 1 ?
-Discusses delays in progress with the person responsible 5 4 3 2 1 ?
Cooperation: The ability to actively contribute to a group product or result.
Main focus in block 4
-Has a good personal contribution to the group result 5 4 3 2 1 ?
-Is interested in both the contents and in the other person 5 4 3 2 1 ?
-Gives others the opportunity to convey their point of view 5 4 3 2 1 ?
-Gives useful feedback on the contribution of other persons 5 4 3 2 1 ?
-Switches easily between asking questions and giving information
and vice versa 5 4 3 2 1 ?
-Is prepared to accept and incorporate changes to tasks, responsibilities. 5 4 3 2 1 ?
-Keeps the group on track to reach the group goals 5 4 3 2 1 ?
Describe in your own words in which two aspects the assessed student has an exemplary positive role and in which two aspects she/he can still improve her/himself. Please note: to help your fellow student it is better to be honest than to be kind.
Exemplary aspects:
1.Has work done on time an has done a lot, even though he had some personal problems which shows a lot of commitment.
2. Provides good quality work.
Learning aspects:
1.Has a clear view of how the work should be done and holds on to that.
2.Could give even more feedback.
