CAPITAL BUDGETING
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CAPITAL BUDGETING. CURRICULUM. Break-even point Financial statements Capital budgeting techniques Time value of money Cost of capital Financing new business. Introduction Basic concepts Legal structure Vision, mission, organizational structure SWOT analysis Market analysis
CAPITAL BUDGETING
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CURRICULUM • Break-even point • Financial statements • Capital budgeting techniques • Time value of money • Cost of capital • Financing new business • Introduction • Basic concepts • Legal structure • Vision, mission, organizational structure • SWOT analysis • Market analysis • Demand analysis
GRADING • NO MID-TERM • GRADE • Final: % 40 • Project: % 60
IMPORTANT DEADLINES • SEPTEMBER 28, 2010-team and subject selection • DECEMBER 20, 2010-project submission • PRESENTATION DATES: • DECEMBER 21, 2010-DECEMBER 23, 2010 • DECEMBER 28, 2010-DECEMBER 30, 2010 • RESUBMISSION OF THE PROJECT • ON FINAL EXAM
PROJECT TOPICS-ENERGY INVESTMENTS- • ARAMA • PETROL • DOĞALGAZ • MADEN • ÜRETİM • ENERJİ DÖNÜŞÜMÜ YAPARAK ELEKTRİK ENERJİSİ ÜRETEN FİRMALAR • RÜZGAR • HİDROELEKTRİK • DAĞITIM • ENERJİYİ ÜRETİCİYE ULAŞTIRAN FİRMALAR • TİCARET • ENERJİ SATIŞI
CONTENTS • Introduction • Organizational Structure and Management • Project Site & Area Evaluation • Industry Analysis • Products or Services • Market Analysis • Marketing Strategy • Financial Position and Projections • Evaluation • Conclusion
Introduction • Brief information about • company • feasibility report • decision given
Organizational Structure and Management • Vision • Mission • Organizational structure • SWOT • Core competences
Project Site & Area Evaluation • Location • Reasons to choose the location
Industry Analysis • Analysis of the business environment
Products or Services • Information about goods and services that the new business offers
Market Analysis • Number of companies operating in the same field • Market shares of those • Market entrance-easy? though? • Type of competition in the market • Target market • Market segmentation and positioning of the products or services • Who are potential customers? • Enough potential for proposed product-service? • Number of customers and amount of sales expected? • Solid forecasts based on real information
Marketing Strategy • Four Ps of marketing strategy
Financial Position and Projections • Balance sheet (opening) • Income statement (for the 1st, 2nd, 3rd, 4th, and 5th years) • Cash flow statement (for the 1st, 2nd, 3rd, 4th, and 5th years) • Break-even point (1st year) • Financial assumptions • Project financing • Financial ratios and key performance indicators
Evaluation • Capital budgeting techniques • Decision to accept or reject the project
Conclusion • Concluding remarks
PROJECT TOPICS-ENERGY INVESTMENTS- • ARAMA • PETROL • DOĞALGAZ • MADEN • ÜRETİM • ENERJİ DÖNÜŞÜMÜ YAPARAK ELEKTRİK ENERJİSİ ÜRETEN FİRMALAR • DAĞITIM • ENERJİYİ ÜRETİCİYE ULAŞTIRAN FİRMALAR • RÜZGAR • HİDROELEKTRİK • TİCARET • ENERJİ SATIŞI
STATISTICS ON -OPENED & CLOSED- ENTERPRISES-data taken from the Union of Chambers and Commodity Exchanges of Turkey-
JULY 2010* *Source: Türkiye Ticaret Sicili Gazetesi
JANUARY-DECEMBER 2008 2009 • Opened: 43,003 • Closed: 9,925 • Opened: 43,250 • Closed: 10,429