Despite apparently urging us to hug a hoodie Essay Example

Despite apparently urging us to hug a hoodie Essay Example Despite apparently urging us to hug a hoodie Essay Despite apparently urging us to hug a hoodie Essay This essay discusses the fact that, despite seemingly pressing us to hug a hoodie in 2006, in May 2007, David Cameron stated that Aggressive hoodies who threaten the remainder of us must be punished. They need to cognize the difference between right and incorrect, and it s our occupation to state them . With this in head, this essay explores the economic logical thinking behind the debut of the Anti-Social Behaviour Order ( ASBO ) , discoursing the effectivity of this policy. As portion of this treatment, the likely impact of the scope of alternate policies designed to restrict yob civilization is besides addressed. The economic logical thinking of the ASBO policy is that it will be cheaper to administrate and implement ASBO’s than to cover with the effects of anti-social behavior. This logical thinking will be analysed now in footings of measuring the costs of administrating ASBO’s and the costs of implementing ASBO’s and whether these outweigh the costs of any harm that is caused as a consequence of anti-social behavior. Campbell ( 2002 ) reported that the cost of an ASBO is ?4800 including the staffing costs of fixing the instance and attending meetings. although as the disposal of ASBO’s has become more straightforward, as clip has gone on, the costs have been estimated to hold gone down. The Home Office ( 2005 ) followed on from Campbell ( 2002 ) , describing that the 2004 ASBO Cost Survey revealed the mean cost of an ASBO to be ?2500 ( excepting costs related to breaches or entreaties ) , nevertheless, the same study found the maximal cost of an ASBO was found to be ?10,250. Therefore, the mean cost of an ASBO has so lowered since the ASBO’s were introduced, most likely as a effect of the disposal of them going more straightforward as clip has gone on, but this is anmeancost merely, non taking in to account the vagaries of each single instance nor any excess costs from entreaties and breaches of ASBO’s. The same study ( Home Office, 2005 ) showed that the people responsible for administrating ASBO’s thought that the cost of obtaining an ASBO would ensue in nest eggs elsewhere, and that the cost of obtaining an ASBO were deserving the result of the ASBO, with those interviewed, on norm, being undiscouraged from taking an ASBO due to the cost of the ASBO. Thus, the costV.benefit analysis of an ASBO calls in favor of the ASBO being issued, as it is expected that the ASBO will ensue in nest eggs subsequently on, in footings of salvaging staffing costs, legal costs, the cost of fixs and insurance claims that might ensue from ongoing anti-social behaviors ( Campbell, 2002 ) . There are other, indirect cost benefits: for illustration, publishing ASBO’s might besides cut down the figure of vacant belongingss on estates, through a decrease in anti-social behavior and an addition in the willingness on the portion of people to return to antecedently problem’ estates, incre asing the rental income ( Campbell, 2002 ) . This was by and large merely in the instance of straightforward’ ASBO’s, nevertheless, with the resources that are needed to cover with a breach of an ASBO being prohibitory in the heads of many of those interviewed, as transgressing an ASBO can ensue in excess costs, many clip the value of the original ASBO. Thus, whilst the cost of a straightforward’ ASBO has been reduced since their debut, taking to ASBO’s being good in footings of cost-benefit analyses, in footings of cut downing the potency for future costs if the ASBO was non administered, there are still concerns amongst the decision makers of ASBO’s as to the costs that are entailed when an ASBO is breached. Whilst an ASBO is a civil affair, transgressing an ASBO is a condemnable affair and needs to be dealt with as such, implying legal fees and costs of lodging guilty wrongdoers in prison. The costs of publishing ASBOs are monolithic, with 9853 ASBO’s issued in 2005, across England and Wales, at an mean cost of ?2500, giving a entire cost of about ?25 million. This is excepting any breaches of the ASBOs, something that will add a monolithic cost to the entire one-year cost of ASBO enforcement, as it is a fact that 40 % of ASBOs are breached in any one twelvemonth with nearly 50 immature people in detention for transgressing an ASBO in any month in 2004 ( Youth Information, 2008 ) . Therefore, the existent costs of ASBO’s are non, as has been stated by Campbell ( 2002 ) and the Home Office ( 2005 ) , they are really far higher than this, due to the highly high figure of breaches of the ASBO’s that occur and the excess costs that are entailed one an ASBO has been breached, in footings of legal fees, staff costs and the costs of hosting an person in prison for up to five old ages ( the upper limit punishment for a breach of an ASBO ) . In any one twel vemonth, hence, the cost of an mean ASBO, taking in to account the breaches, is far higher than even the ?4800 reported by Campbell ( 2002 ) . It has proven impossible to even get down to measure the potency, existent, costs of anti-social behavior, as anti-social behavior, as defined by the Crime and Disorder Act 1998 is, any behaviour which causes or is likely to do torment, dismay or hurt to one or more people who are non in the same family as the perpetrator . This definition is broad and unfastened to a assortment of readings, many of which curtail the freedoms of persons ( is playing a fiddle severely whilst practising cause for an ASBO to be initiated, for illustration, as it could be argued to straiten one or more people? ) , all of which are impossible to measure in footings of their negative fiscal impact ( s ) on the people who express their dismay or hurt. The economic logical thinking behind the ASBO statute law can non, hence, be assessed objectively due to the deficiency of any existent figures for the cost of anti-social behavior to society. What is known, nevertheless, is that ASBO disposal and enforcement costs many 1000000s of lbs each twelvemonth and, worse than this, is taking to the demonization of immature people, through mention to footings such yob culture’ which are closely tied to the ASBO phenomenon. Whilst it is obvious that there are some job young person, many of whom do set about felon behaviors which should, and are, punished through the young person tribunals, immature people – in general are being victimised by the media and by politicians, with any behavior that is seen as anti-social’ being stigmatised through the fond regard of an ASBO and its subsequent criminilisation if the ASBO is deemed to hold been breached. As Campbell ( 2002 ) stated, problem-solving can aim the causes of anti-social behavior and is frequently effectual without the demand for the concluding measure of using for an ASBO being necessary . There are, hence, other methods of undertaking anti-social behavior without tie ining anti-social behavior with condemnable behavior ( as a breach of an ASBO can take to a prison sentence ) : it is, after all, the ceasing of the anti-social behavior that is sought, non the criminalization of our young person. It is possibly clip to work with immature people to understand their demands and their defeats, instead than demonizing and endangering their freedom of look with ASBO’s with clear condemnable intensions. Hirstet Al.( 2007 ) , for illustration, looked at wages strategies for pro-social behavior in immature people, demoing that two strategies which award points for pro-social behavior which can so be reclaimed for treats’ were highly successful in promoting long-run pro-social, civic, behavior in the immature people who participated in the strategies. David Cameron’s recent suggestions for National Citizens Service follows a similar thought, that immature people should be encouraged to make something for their community, although the strategy lacks administration and, as such, it is ill-defined how it would work, practically. The suggestion of such strategies to workwithimmature people to promote civic behavior are promoting in footings of stoping this ambiance of demonizing all immature people. Not all immature people are yob’s and handling them as such is non helpful in footings of hammering a responsible coevals. Our young person are criminalised at every chance, from pirating’ music, which is deemed illegal to protect the net incomes of companies ( see Lessig, 2005 ) , to commanding their behaviors through the debut and enforcement of ASBO’s which, as has been seen, have the power to command anybehavior which causes or is likely to do torment, dismay or hurt to one or more people who are non in the same family as the perpetrator . Young people are being controlled more now than of all time antecedently, in a society that is unequal in footings of the distribution of wealth ( see Dorlinget al. ,2007 ) : possibly this is one cause for the visual aspect of a yob culture’ , and is surely a cause that needs to be dealt with, politically, for the benefit of all of society. Covering with yob culture’ in isolation will neer work until the root causes of such jobs are dealt with. Economically blemished statements such as the ASBO statute law merely adds to the feeling that the Government is acquiring it incorrect in footings of covering with immature people with jobs. Mentions Campbell, S. ( 2002 ) . A reappraisal of anti-social behavior orders. Home Office Research Study 236. London: Home Office. Available from hypertext transfer protocol: //www.homeoffice.gov.uk/rds/pdfs2/r160.pdf [ Accessed on 5th March 2008 ] . Dorling, D.et Al.( 2007 ) . Poverty, wealth and topographic point in Britain, 1968 to 2005. Joseph Rowntree Foundation. Hirst, J.et Al.( 2007 ) . An rating of two enterprises to honor immature people. Joseph Rowntree Foundation. Home Office ( 2005 ) . The cost of anti-social behavior orders. Home Office Smmary Report, March 2005, Available from hypertext transfer protocol: //www.respect.gov.uk/uploadedFiles/Members_site/Documents_and_images/Enforcement_tools_and_powers/ASBOS_CostReportMar05_0046.pdf [ Accessed on 5th March 2008 ] . Home Office ( 2006 ) . Anti-social behaviour orders. Statistics. Available from hypertext transfer protocol: //www.crimereduction.homeoffice.gov.uk/asbos/asbos2.htm [ Accessed 6th March 2008 ] . Lessig, L. ( 2005 ) .Free Culture: The nature and hereafter of Creativity.Penguin. Young person Information ( 2008 ) . Anti-social behavior orders ( ASBO’s ) . Available from hypertext transfer protocol: //www.youthinformation.com/Templates/Internal.asp? NodeID=91800 [ Accessed 6ThursdayMarch 2008 ] .

Argumentative Essay on Dog Fighting

Argumentative Essay on Dog Fighting Argumentative Essay on Dog Fighting Dog fighting is a sadistic practice that should be banned because of the many inhumane events that this practice entails. This practice entails breeding dogs specifically to make them fight. Such dogs are usually enclosed in small pits very early in their lives and, as they grow, are made to fight with other dogs to satisfy their owner’s gambling appetites. One of the main reasons why dog fighting should be illegal is because of the high level of suffering that these fights put the dog through. Given that the average dog fight lasts anywhere between one and two hours, the dogs that are participating in dog fights often suffer severe injuries that sometimes result in fatalities. Unlike other animals that naturally flee when they sense they cannot win a fight, the dogs that participate in dog fights are trained not to run away but to continue fighting regardless of the amount of injuries they sustain. It is only when the gambling appetites of their owners have been satisfied that the dogs are allowed to stop fighting. One of the most commonly used dogs in dog fights are pit bulls, which have powerful jaws and given that they rarely let go once they bite, the victim dog could end up suffering severe injuries, broken bones, and may even die just so their owner can have a chance of winning a bet. Some of the common injuries experienced by dogs that engage in dog fights include extreme blood loss, dehydration, extreme exhaustion, and even infections in the wounds they sustain. To make things even worse for these dogs, those that lose fights one too many times are often sacrificed for being weak and the same fate follows those dogs that are deemed old or those that do not fight as viciously as their owners expect them to. The injuries suffered by dogs that engage in fights have raised concerns in many authorities and in many places; this form of sadist sport has been classified as an illegal sport. Some individuals have even faced felony charges in courts of law. However, this seems not to have stopped some individuals from continuing to breed dogs so they can reap benefits from dog fighting. Interestingly enough, illegalizing this sport seems to have turned into a fortune for those who own dogs that engage in these fights because of the massive profits they get from those who are willing to pay large amounts of money so they can watch the illegal fights. It appears the authorities still need to do much more to deter people from willingly participating in dog fights. The minor penalties and convictions given to those found to have participated in dog fighting is not doing much to discourage this sport. The profits the dog fighters receive from the fights make the punishment, according to them; seem li ke a drop in the ocean. Perhaps it is time more severe penalties were enforced. Some tips on writing an argumentative essay: Make sure your thesis statement is clearly defined. Use transition words between paragraphs and make sure that your paragraphs are logically connected. Use facts and statistical data to support your arguments. Visit to buy argumentative essay on  Dog Fighting which will be written from scratch by highly qualified writers. You can get a free quote now!

UNDERSTANDING FINANCIAL STATEMENTS Research Paper

UNDERSTANDING FINANCIAL STATEMENTS - Research Paper Example A balance sheet is split into three parts; assets, liabilities and stockholder’s equity. Assets are the economic resources possessed by a firm. Liabilities are a firm’s debt or obligations to acquire its assets. Stockholder’s equity is the total value of a firm’s common stock in addition to the additional paid-in capital and retained earnings. A basic rule of finance is that all business transactions are documented on the balance sheet at the dollar value actually decided at the time of the transaction. This suggests that, recording all of the firm’s transactions at their historic cost is the factor that the net worth of the firm illustrated on the balance sheet should not be mixed with the sales or appraised value. Net worth or stock holder’s equity on the balance sheet simply shows the difference between assets and liabilities (Bernstein & Wild, 2000). Income statement, which is also known as the profit and loss statement, statement of operations or statement of income, is another major financial statement. Income statement summarizes the firm’s revenues and expenses over a specified time, concluding with the net income or loss for the period. The income statement is divided into three parts; revenue, expenses and the net income. Revenue is cash inflows or acquiring of assets of a firm during a specified period. Expenses are the outflow or using of the assets, or incurrence if liabilities during a specified period. Net income on an income statement is the total sum earned or lost by the firm during the accounting period. Using the accrual method of accounting, sales are documented on the income statement when the goods and/or services associated with those sales are delivered or shipped to the customer. The cost of goods sold is recorded on the income statement at the same time the sales are recorded. Sales and cost of good s sold are also recorded in spite of of when the firm gets cash for the goods delivered

World Trade Organizations Dispute Settlement Mechanism Thesis

World Trade Organizations Dispute Settlement Mechanism - Thesis Example The author of the paper states that the WTO Dispute Settlement Mechanism should secure the ‘rule of law’ within international trade and provide all members with opportunities to exercise their rights equally under multilateral trade agreements. But, even after ten years, there still are many countries which haven't have the option to initiate a dispute. The system has been critically analyzed and the solutions have been proposed that DSM should break the monarchy and fear of developed countries and secure the developing.  An international organization, theWorld Trade Organization(WTO) was designed to supervise and liberalize international was came into being on 1 January 1995. It is the descendant of GATT theGeneral Agreement on Tariffs and Trade, which was formed in 1947, and continued to operate for almost five decades as a de facto international organization.  Most of the academic literature, even in its more critical versions, tend to share this basic assumption with the designers of the DSM. The DSM is conceptualized as a legal system where the same rules apply to countries on an equal basis, and where cases are judged according to their merits. This principle is incarnated in the AB, which has developed a case law with this emphasis.  A final set of observations from this literature focuses on biases and inequalities within and between institutions managing trade, including the WTO in general and the DSM in particular (Busch and Reinhardt, 2003; Shaffer, 2003). Here, the main problem identified is that the DSM (and the WTO) has become too technically complex and demanding for most developing countries to use effectively in the absence of adequate assistance. Originally, this is the observation that there are too much law and too little politics in the system.   The implicit biases of systems of trade rules, including the DSM, in favor of powerful countries - reinforced through the dominance of judicial forms of rule-making - have been noted by some contributors to the literature (for example, Busch and Reinhardt, 2001).  Initial studies of developing country participation in WTO dispute settlement found that they were unable to use the system effectively to settle cases, although they had expected levels of success when cases went before panels and the Appellate Body.161 This suggested that there was a need for more training and assistance to developing countries to enable them to handle the initial stages of dispute settlement more effectively. More recent experience suggests that at least the major developing countries - and quite a few Latin American countries in general - have become more effective in using dispute settlement overall, including in using it to obtain early settlements. The establishment of the Advisory Centre on WTO L aw and the dispute settlement training activities of the WTO Secretariat and others should help ensure that developing countries continue to made progress on this front (Busch and Reinhardt, 2001).

New Business Report On Nail Salon

New Business Report On Nail Salon In October 2004, Nails magazine conduct a survey and learnt that 87% of women have had their nails done at a salon (2). The magazine also stated that 42 % of the respondents have their nails done at least once a month and Nail-only salons are the preferred choice over full- service salons or spas for nail care (1). Almost all women go to nail salons in order to look good. Nicer Nails salon is a beauty service establishment that supply a personal service to predominantly female clientele. The salon offer nail care like pedicures, manicures as well as nail enhancements which involve applying false nails, nail extensions, and decorating fingernails according to requirements including nail parties. We are knowledgeable about hygiene and health issues relating to their profession. The desire to have beautiful nails first began during the Ming Dynasty of China, long artificial nails were worn by noblewomen as a status symbol indicating that, unlike commoners, and they did not do manual labour. In the early 19th century in Greece, the upper class women wore empty pistachio shells over their nails, then slowly spreading the artificial nails trend across Europe. In the late 20th century, artificial nails for women became widely popular all over the world (4). The fascination with beautiful nails has grown over the centuries and become a multi-billion pound industry. Extension nail is now a thriving market. Exploiting the development of technological and procedural advancements, Nicer Nail salon will provide a full-service nail technician with high customer satisfaction by delivering speedy, excellent service, an enjoyable atmosphere at an acceptable price. The demand for nail technician service is growing since women have increasing the disposable income which they are keen to spend on treatments that will reduce the stress of everyday life. At Nicer Nail salon, our high qualified technicians will offer a comfortable and relaxed environment. We are the true cut above other nail shops. Our mission is to supply services that enhance our clients physical appearance and mental relaxation. The timing is right for starting new venture; one perfect location was found in Kingston shopping centre. To achieve our objectives, Nicer Nail salon is seeking  £40,000 in loan financing. This loan will be paid from the cash flow from the business and will be secured by the assets of the company. 1.0 Introduction Beauty industry in the U.K is booming, there is a lot of money to be made in this industry more than ever, making today a great time to join the industry. Salons and spas have become a cure to the fast-paced lifestyles nowadays. It has been estimated that the average person spends one third of her cosmetic budget on nail care. Because todays fashion regards professional nail care services increasingly important. However, this billion pound industry can be influenced by changing in politics and economic. The report will show how important it is for business to react with the change of environment. This report is not only an environmental analysis that supports the nail salon but also a financial plan to help the prospect of opening Nicer Nail Salon. Product service: 2.1 Target customer: female over 16 year olds. According to the Nail magazine, nail salon patrons begins their habit early. 55% were under 25s when they first starting having their nails done professionally (1). Moreover, result from 2010 Survey of Hours and Earnings show Women salary is highest in the age group within 30-39 (12). On the other hand, nails art parties are on the rise in popularity, particularly for hen nights and teenage parties. Therefore, the need to offer an array of services to attract clienteles of all different age and income groups is necessary. For example, high-end clients are looking to be pampered. Although we cannot ignore the segment of customers, who would still want to have their nails done, dont want to spend out of their comfort areas. Services: Principally, the salon will generate revenues from the direct nail technician services. A nail technician provides painting, nail filing, manicure, pedicure and artificial nails services including acrylics, airbrush nails and nail jewelry. The most popular new foot service which is gel toenails also be provided. To a lesser extent, the salon generates revenue from sale of nail care and hand cream products. Furthermore, a deluxe service involves playing around with colored gels and dabbling in 3-D art will also be offered. Location: the salon will be located on Fife Road, Kingston -upon-Thames, U.K. the location is strategically situated on one of the busiest street in Kingston next to a hairdresser; importantly, there is a big car park nearby the salon. This is a high profile area and easy access from all parts of the town. It is also very convenience for clienteles to locate our salon. Pricing: According to nail magazine survey, 11% of respondents have stopped having their nails done at a salon due to the expense (3). Thus it is important to offer service that available for customers who cant quite afford high-end luxury salons. After sales service: our customers will leave with tips on how to make their nails healthier. To gain the clienteles trust, clean and safe quality products are used. In addition, clients are always welcome to question about our products. We are confident that word-of-mouth about such a salon would be the best advertising for this type of business, it is not only attract local clienteles but also reach customers far outside the boundaries of Kingston. A creative and innovative fashion always applies to generate very high levels of customer satisfaction. Providing customers with the option of booking appointments and consultations online. 3.0 The Business environment (PESTLE analysis): Like any other business, the Nail salon has to act and react to external factors influences it. Since markets are changing all the time. Customer develops new needs and wants, new competitors enter a market, new technology means that new product can be made. Government introduces new legislation e.g. increase minimum wage means that the disposable income increase it may lead to higher level professional service. Therefore, it is essential to know the influence of external factors include political, economical, socio-cultural, technological, legal and ethical environment is (13). The political environment: is one of the most important factors affecting the operation of a business. It is part of the macro-environment which is external to an organisation and completely beyond its control. The effect of political on business in general: Politic affect business in varieties of levels. Business is affected directly by tax policy; high tax rate will attract less investor (chart 8 in appendix1). Policies of government are very important. For example UK is the democratic country, people have full voting authority; they would be able to choose government that would work for the betterment of the country. It helps businesses to thrive because of the good policies of the government. In contrast, if there is no democracy, there is no respect for the chosen government. Instability and uncertainty in the country arise, government comes and goes and so will their respective decisions and policies. Business will suffer in such case as they do not know what will be their future. An example of instability political causes negatively influencing is the effects of anti-government protestors on hotel operators in Thailand in December 2008. Chart 9 (Appendix1) shows a loss of room revenue during period of peak tourist season. It is clear that the political instability is negatively influences travelers decision making (7). Furthermore, a stable political situation will attract more and more investors from other nations. The effect of the political environment on nail salon: Tax policy: as a sole trader Nicer Nail salon owner has responsibility to pay for local business tax, VAT, corporation capital income tax for business and national insurance for employees. Because by doing so the government know the presence of the business. The conservative government recently announced a new austerity plan. It causes higher interest rates, more business failures, lead to shaper rise in unemployment, directly affect the bank and national disposable income. As a result, the salon revenue may reduce significantly. Economical environment : It is believed that the level of demand for nail treatments can change depending on consumers level of disposable income. Businesses are in areas hard-hit economically will suffer because people lost jobs they have to tighten their belts and take control of their spending habits. Since many people are of the opinion that having nails done is not a necessitate thing. As a service industry, many beauty salons are being hit severely. Retail Sale is another example of industry that suffers when the surrounding economy turns down. Chart 11 (appendix 1) shows a lot of retailers report losses and in fact go out of business. Fortunately, the economy in the UK is in fast recovery (Chart 5 appendix 1). Additionally, chart 6 (Appendix 1) show household expenditure and total employment rose (5). Increasing in disposable income means that people can spend on luxuries like nail treatments. Furthermore, The British Lifestyles report by research group Mintel found that in the last decade we have spent 50% more on trips to hairdressing and beauty salons. This proves that the beauty market increases continuously despite the fact that the economic market condition in the UK is still in recession. Regardless of the recession, there are still people who enjoy being pampered. It makes professional nail care is a business with many good advantages. Socio-cultural environment: Every business works in society and consequently is subject to a variety of social influences. These influences include demography, social class and culture (13). For example, result from 2010 Survey of Hours and Earnings (chart 10 appendix 1) show that median earning of female employees grew. Increasing number of career women trends developing a high maintenance notion towards beauty regimes. This is reflected in the increasing amount of nail bars and services available. Nicer Nail Salon is the place where hard working people can come to get away from their daily stresses and be truly spoilt, a place that had the look and feel of a posh city salon. Nail arts can be a fashion statement and express individual for young clienteles who follow the latest trends and styles with a desire to be fashionable. Other services such as ear piercing, facial, and waxing eyelashes treatments are also offered to attract new clients. On the other hand, UK population is ageing (chart 4 Appendix I), ageing population means that the need to provide for a wider age range of clients is essential. Nodaway, Women earn more they will spend more money to look good. Plus the influence of fashion and changes in attitude toward health make professional nail care become booming industry. Technological environment: Advances in technology can have a major impact on business success. For example, one of the easiest and quickest way to let high-end class clienteles know that the salon are dedicated to serving them with luxurious pampering is creating a website that speaks to their needs and wants. Since, today the internet has major influence on the way consumers research and purchase products. By registering the nail salon with online portals the potential customers can easily reach the salon website which provide company name and contact information with online directories. Furthermore, option of consultants online 24/7 shows the salon is dedicated to deliver professional service. Moreover, electric nail file, unlike manual tool, enables a nail technician to filling acrylic nails much easier since the areas that were once hard to reach when filing manually such as cuticle areas and undersides of nails are now easily accessible. The electric nail drill is a time saver; it allows the salon to serve more clients in a day and this should increase profit. In 2010, 19.2 million households had an Internet connection in the U.K. This represented 73 per cent of households and an increase of 0.9 million since 2009 (15) an enormous increase in the number of home computer. This makes internet becomes one of the best ways to advertise the salon. On the other hand, improvements in technology will reduce the costs of nails equipment and products for example nail varnishes, jewellery. This should increase salon revenue. The legal environment Health and safety is important when working as a nail technician. Health and safety legislation is part of criminal law. Failure to comply with the law has serious consequence for example if there is a severe risk to health and safety, the salon will be closed down until improvements have been made. The salon has to work within the legal and professional frameworks that set the standards for employment. The law demands that every place of work is a healthy and safe for clients, workers, and other visitors. For example, potentially hazardous substances like glues or acetones should be carefully handle. The salon must follow the Control of Substances Hazardous to Health Regulations 2002 (COSHH) (10). My salon also looks forward to Legal requirement such as accident insurance and safety disposable products. The salon will keep to the Health and Safety guidance produced by Habia for nail technicians (9). This involves controlling and minimizing skin exposure to nail products, disinfecting equipment for manicuring, cleaning and minimizing inhalation exposure to nail products A nail technician should provide a service with reasonable care and skill, within a reasonable space of time and at a reasonable charge (The Supply of Goods and Services Act 1982). The nail technician will commit a criminal offence if published misleading advertising that deceives another trader (The Business Protection from Misleading Regulations 2008). Hence, it is crucial to know about the laws. Ethnical environment: Methyl methacrylate (MMA) is a monomer used in nail enhancement application but it should not be used in the salon due to its dangerous effect such as blister and nail loss for natural nails or respiration problem and asthma for some people even though it is still legal to use in the UK. Acrylic contaminated materials should be sealed in a bag before disposal in the bin reducing the amount of chemicals in the air. Gauze pads, cotton wool etc. that have been soaked in chemical should be disposed of in a sealed bag. The intended legal entity for my company: The salon operates as sole trader. I have look and found that being a sole trader is the easiest way to start a small business like a nail spa. Accounting is much easier hence bills for accountants are lower. Plus no complicated paperwork is required. Importantly, decision can be make quickly and close contact can be kept with clients and employees. However, you have to make decisions and provide all finance by yourself. The business income is the owner income therefore it is harder to reduce tax bill. Registration and regulation: Nail technicians are required to register their business and apply for a license to trade. The licence is known as a special treatment licence. The fee to register will depend on each local authority. As a Sole Trader, the salon owner needs to register with Her Majestys Revenue and Custom (HMRC) as self-employed at the moment the business has started otherwise the financial penalty will be charged. Financial plan The startup capital of  £45,000 (appendix II for details) is required to use for the design, leasehold improvement, and equipment of the salon. There are many ways to raise finance for examples borrow from family, get a bank loan or from outside investors. I did research and found that the best way to raise capital for Nicer Nail Salon is borrowing from my parent because they provide with better terms than the bank or private loan guarantees. In order to have successful business with family an agreement letter (Appendix II for details) between me and my parent is necessary in case thing dont go as planned. This also helps to protect everyone from each other and eliminate all conversations that start with you never said that. This note emphasizes that my parent lend me  £45,000 as a debt loan rather than equity. The interest will be paid quarterly to my parent account. Borrowing from parent is better than borrowing from private loan guarantees as the limit time frame stems is much longer. Compare to bank term loans, the interest rate is also much lower. Conclusion: Based on the result from 2010 Survey of Hours and Earnings and British lifestyles I can conclude that Nicer Nail Salon is a necessary service nowadays. Owning a nail salon is promising as little start-up cost is needed and importantly, it is never out of season. , it will be a good start of going somewhere with nail business. Explain in greater details of executive summary how and why the conclusions were reached. This is based on result of findings Appendix I: Table 1: shows the places where customers have their nails done. Table 2 shows how often they have their nails done Table 3: show the main reason stop customers having their nails done at a salon Chart 4: Estimated and projected population and percentage of population by age group, UK, 1984, 2009 and 2034 (3) Chart 5: show the economy from 2006 to 2010 (2) Economy grows by 0.7% in Q3 2010 Chart 6:show consumer Spending trend from 2006 to 2010 Household expenditure grows by 0.3% in Q3 2010 Household final consumption expenditure percentage change, quarter on previous quarter Chart 7: GDP and the Labour Market (5) From recession to recovery The labour market in recession and recovery The UK continues its path of recovery from recession(5) The UK economy over the past three recessions According to the latest figures, UK GDP grew by 0.7 per cent in quarter three 2010. GDP grew by 0.7 per cent in quarter three 2010. This was the fourth consecutive increase since the end of the recent recession. The 0.7 per cent growth stemmed from: Service sector (0.4 per cent) Construction sector (0.2 per cent) Production sector (0.1 per cent) Growth in the Service sector was driven by the government and other services, transport storage and communication and distribution hotels and restaurants Chart 8: Higher tax rates discourage investment by lowering investments return (6) Chart 9: Daily hotel reservation requests in Thailand from 16/10/2008 to 16/12/2008(7) Chart10: Earnings 2010 survey of Hours and earnings (12) Chart 11:UK Retail Sales during recession Appendix II: Below is the summary of money needed to start up Nicer Nail Salon Start-up Expenses Rent deposit  £1,500 Legal  £500 Brochures  £500 Stationery  £1,000 Sundry salon equipment  £2,500 Total Start-up Expenses  £6,000 Start-up Assets Needed Cash Balance on Starting Date  £15,000 Other Current Assets  £24,000 Total Assets  £39,000 Total Requirements  £45,000 This is an installment promissory note between me and my parent Instalment Promissory Note (17) Full Names ____Kim Anh Tran_____ Address___Kingston -upon- Thames , UK, KT2 7SB (Hereinafter referred to as the Borrower/s) Full Names ____Kim Pham____________________________ Address: Kingston -upon- Thames , UK, KT2 7SB (Hereinafter referred to as the Lender) For value received, the Borrower hereby unconditionally promises to pay to the order of Lender the sum of __ £45,000 together with interest accrued at the rate of __ten six_percent (_6%) per year on any unpaid balance. Payment Terms Borrower will pay ______one__payment of __ £2,000___each at uninterrupted quarterly intervals on the __first day of each month, starting on the 11/01/2011 until the Principal amount and accrued interest is paid in full. All payments shall first be applied to outstanding late fees, then to interest and the balance to the Principal amount. Prepayment The Borrower may prepay this Note in full or in part at any time without premium or penalty. All prepayments shall first be applied to outstanding late fees, then to accrued interest and thereafter to the principal loan amount. Place of Payment Payment shall be made at the above stated address of the Lender or at such place as may be designated from time to time in writing by the Lender or holder of this Note. For ease of payment the Borrower may exercise the option to effect payment by direct deposit or electronic transfer of funds into the account of Lender as specified in writing. Late Payment Fees If payment is not made within _10___ days as stipulated in the payment terms the Borrower shall pay an additional late fee in the amount of  £__500. Acceleration of Debt upon Default If the Borrower fails to make any payment when due for whatever reason and the Lender provides notice of such failure, the Borrower must effect payment of the amount due within __30__ days, failing which the Lender can demand immediate payment of the entire outstanding Principal amount and accrued interest. Collection Fees In the event of default this Note may be turned over for collection and the Borrower agrees to pay all reasonable legal fees, collection and enforcement charges to the extent permissible by law, in addition to other amounts due. Security This Note is secured by a Security Agreement which will remain in full force and effect until this Note and the Security Agreement are released in writing by the Lender. Transfer The Lender may transfer this Note to another holder without notice to the Borrower and the Borrower agrees to remain bound to any subsequent holder of this Note under the terms of this Note. Replacement of Note The Borrower agrees to execute a new Note with the same terms and conditions and remaining value in the event that this Note is lost, stolen or mutilated. The Lender shall release the Borrower of all obligations under the lost, stolen or mutilated Note in lieu of a replacement new Note. Joint and Several Liability All Borrowers or Co-signors identified in this Note shall be equally liable for the repayment of the debt described in this Note. Borrowers Waiver The Borrower waives demand and presentment for payment, notice of non-payment, off-set, protest and notice of protest and agrees to remain fully bound until this Note is paid in full. Lenders Indulgence No relaxation, indulgence, waiver, release or concession of any terms of this Note by the Lender on one occasion shall be binding unless in writing and if granted shall not be applicable to any other or future occasion. Binding Effect The terms of this Note shall be binding upon the Borrowers successors and shall accrue to the benefit and be enforceable by the Lender and his/her successors, legal representatives and assigns. Jurisdiction This Note shall be construed, interpreted and governed in accordance with the laws of the U.K and should any provision of this Note be judged by an appropriate court of law as invalid, it shall not affect any of the remaining provisions whatsoever. General Where appropriate words signifying one gender shall include the others and words signifying the singular shall include the plural and vice versa. Paragraph headings are for convenience of reference only and are not intended to have any effect in the interpretation or determining of rights or obligations under this Note. Signed on 10/01/2011 (1) Borrowers Name ___Kim Anh Tran__________________________ (2) Lender Name _____Kim Pham________________________

Monarchy vs Democracy Essay

Government’s history may not exactly be known but it is safe to say that government is as old as human society itself. At some point in the past ‘â€Å" as the population grew in a particular area, there was pressure to have a system of laws that the society members had to follow since chaos would reign in a society if there is no governing body to set guidelines to its constituents. Public order and maintenance of security is vital to every society. Larger populations would demand more complex set of rules and as society grows, governments also evolve. In different regions and in certain points of time, different types of government flourished. It should also be mentioned that government is constantly changing as history had shown. Monarchy is a form of government which was very common during ancient and medieval times. Supreme power is bestowed on an individual and it can be absolute or nominal. The ‘head of state’ of a land with this kind of government often holds the title for life or until abdication. The leader, who is called a monarch, is wholly set apart from all other members of the state. The monarch typically makes all the law and decisions (legislative, judicial, and executive). The above is in definite contrast to Democracy. Democracy is a type of government carried out by the nation’s people either, directly or indirectly. A rare subtype is ‘Direct Democracy’ but only feasible to a small area and with a small population. The common way of practicing this type of government is by giving the power to govern to elected representatives. Democracy is based on a principle of equality and freedom. Equality defined in terms where all citizens are all equal before the law. Basically, positions and statuses do not matter; when one breaks the law, he or she is subject to sanctions. Monarchy is different in a way that higher officials – especially the monarch ‘â€Å" are often not restricted by the law since they make the law themselves without further deliberation. All citizens of a democratic nation are promised certain legitimized freedoms and liberties, which are generally protected by a constitution. Monarchy may also give this privilege but it all depends on the preferences and inclinations of the monarch. However, monarchy of the new times is not defined in terms of unlimited political power anymore as it has evolved to a more citizen-friendly government. Now there are constitutional monarchies and this somehow blurred the lines between the principles of democracy and the defining roots of monarchy. The common characteristic of monarchy is that rule is passed on through the next of kin ‘â€Å" ‘Hereditary Rule’. This is in complete contempt to the principles of democracy where people’s choice is the governing code. Summary: 1. Monarchy is a form of government where a state is headed by a monarch while democracy is a government headed by elected representatives. 2. Power and position is passed through heritage and bloodline in Monarchy while democracy principally supports elections (people’s choice). 3. In monarchy, supreme power is given to an individual while in Democracy, the power to govern is directly or indirectly carried out by the people. 4. In Democracy, all is equal before the law while in Monarchy, the monarch is the law.

Immigrants As A Better Life For Their Future - 863 Words

All people are diverse and come from many backgrounds. Most people settled here in America as an immigrant to start a better life for their future generations and for opportunities. Most people came here with nothing but bringing along their cultures, knowledge, beliefs and behaviors which they can be shared amongst others in groups and society. In society, starting with the earlier generation there was always shared culture of classes, although everyone portrays immigrants as the lowest status. They are always disliked particularly for coming here as an immigrant, even though most of their backgrounds or their parent’s background statuses were very much similar whether they want to admit it or not. It’s how they hold themselves in society. People are divided into different classes and treated differently. Most immigrants have to settle in, adapting to the American lifestyle, whether they like it or not, they’ll have to blend in and start off with low paying jobs and making new friends. Adapting to lifestyle, the choice of food and to how they communicate. It is always harder for immigrants to unite with everyone since people are so strict against immigrants; they judge them as outcasts by what they eat, what they wear and especially how one communicates. High culture/elites think they are higher ranking so therefore there is always miscommunication. They think they are way better and wouldn’t want except one another because of status or flaws. In the reading â€Å"MotherShow MoreRelatedInformative Speech over Immigration929 Words   |  4 PagesAs an individual who has witnessed family friends of immigrants that came to this country over 20 years ago in hope of a better future. 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