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The Peculiarities of International Project Management in the sphere of “Opening a Cafe Business in China”
(Університет імені Альфреда Нобеля, 2020) Kudrytska, Valeria
The paper examines the peculiarities of international project management and proposes a business plan to open a café in China. It was revealed that China offers numerous investment possibilities with a lot of positive results and assists businesses at all stages of development. In the recent decades, China has become the worlds largest economy, manufacturer, trader and holder of foreign exchange reserves. The development of trade, infrastructure and services, together with cheap and reliable technology and labor force makes it the biggest fabricating and trading center in the world. A business plan for a café to be opened in Shanghai is proposed with an attempt to measure its viability, feasibility and financial capabilities. This type of business requires capital investment, research and analysis of the economic and investment climate, the current market situation and the potential location of the business proposed in the project. In addition, investment project appraisal is made using the dynamic methods Net Present Value, Internal Rate of Return and DPB Method. Calculations of the needed investment resources are given, potential risks of investment are analysed and the investment attractiveness of the presented project is assessed.