Science Post News

Maintaining a Good Business Plan for Your Science Project

admin — Tue, 03 Jan 2012 08:37:10 +0000

To secure finances for your business plan keep the following guidelines in mind:

1. Have a vision: Write your business plan in such a manner that truly reflect what you are planning to do in the future & what you are expecting to get from it. Before you start going into all the niity gritties of a business give people something where they can actually visualize the future of your business.
2. Have a sound but realistic budget & forecast: Make a sound budget & financial forecasts after thoroughly studying market conditions, economic scenarios, factors which can affect the business in future etc.
3. Be prepared to take risks: Be prepared to risks if necessary but unnecessary risk taking must be avoided.
4. Get another view: Even the most experienced business people can benefit from opinions of other people. So don’t be shy in asking people who understands these things about their opinion.
5. Write some unique thing in your business plan: try to write things in your business plan which will set you apart from others. But don’t go overboard with them.
6. Stick to the plan: No matter what happens stick to your plan but be flexible to make adjustments at the same time.
Type of finances for a business can be external or internal. External finance for the business is generated from outside the business (e.g. business loan) & internal finance is generated from within the business itself (e.g. cash from sales). There can also be short term, medium term & long term finances for a business. One has to decide which type of finance is required for his business & make plans accordingly.

Creating an Accurate Financial Structure

admin — Tue, 03 Jan 2012 08:36:21 +0000

Financial structure or capital structure of a company is a mix of types of debts & equities the company has at any point of time. It is shown on a balance sheet. A company balance sheet must clearly show the debts the company owes to others & also the sources of revenues the company has generated in a particular financial period. In order to create an accurate financial structure examine all incomes, financial statements & review them carefully. Take all the income figures, add them up & put them in the plus column. Now add any other income connected with the business with this figure. Now take expenses & put them in individual categories such as debts, payroll, marketing, overhead, equipment etc. Now tally up these expenses & put them in the minus column. Now tally the pluses & minuses to see if your business is earning profit or making losses. An accurate financial structure will also help in formulating business future business strategies apart from securing finances for the business. An accurate financial structure will also let you know about the financial health of the business so that you can take necessary corrective measures in that regard.

The Science of Entertainment in Singapore

admin — Tue, 03 Jan 2012 08:34:15 +0000

was based during the colonial period in Singapore when it was under the British rule; and what better place to shoot the movie than the place in which it was set. But the movie which brought Singapore to the limelight as one of the happening places to shoot Hollywood movies was Saint Jack. Based on the novel by the same name by Paul Theroux, it is directed by American Peter Bogdanovich depicting the life of a pimp in Singapore. However some of the places where the movie was shot like the Empress Place hawker centre is now no more and was demolished a few years after the completion of the movie.

Movies like King Rat and Paradise Road belong to the genre of war movies which was based on the aftermath of the Second World War. King Rat talks of the plight of the prisoners of war who were of European origin and were held in the prison camps of Malaysia, in the middle of the tropical forests braving the incessant rain, mosquitoes and other tropical diseases. Singapore offered the perfect setting because of the similarity in geographical features and climatic conditions of the other Southeast Asian countries which were not accessible to the Hollywood production houses. With a subtropical rainforest climate with high humidity and abundant amount of rainfall, it was not difficult for the film makers to convince the viewers back home that the forests of Singapore were not the forests of Vietnam, Malaysia or Sumatra. Movies like Rogue Trader highlight the metropolitan life of Singapore and what the city has to offer to the high society people – gambling, the vibrant night life and the suave culture.

It is no doubt that Singapore has established itself as a major centre of attraction for Hollywood biggies and in the years to come by it is just going to get more popular with a steady increase in the demand for movies which brags of exotic scenery.