Helloi want to give you an idea on depreciation.We normally use 4% of the value of the Asset
I am part of a group project together with other 6 students. We are all enrolled in the master’s degree course of Tourism Economics and Management at the University of Bologna, Italy. As final exam of the Tourism Management’s course we are required to write a Business Plan on a hypothetical new hostel in New York City. The location we have chosen after our analysis is Williamsburg, Brooklyn. We have already worked out the main parts of the Business Plan (aka mission statement, company analysis, demand analysis, competitive analysis, and marketing mix). However, we are facing some troubles with the Financial Analysis. We were wondering if some expert in the field could help us regarding the below:
Thank you in advance!! Any help would mean a lot to us!
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