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Leadership Worth Since Asianadian was not a company but rather a collective, there was no monetary value of the leadership. Also, Asianadian was the first ever grass roots magazine dedicated to Asian Canadians. Most of the staff were college students with a few people such as Cheuk Kwan who held steady jobs. topStockholders & Value of Stock Since Asianadian was not a company, but rather a collective, they lacked stockholders. Instead, the members of the "Asianadian Resource Workshop" were a group of people dedicated to disseminating their vision, which will be discussed a bit later. However, when Asianadian was still in circulation, each contributing member was considered a shareholder in the collective because they were all a part of bringing this revolutionary magazine to life. Asianadian was not a company in the traditional sense so they had no stock in the market at the time. Furthermore, since Asianadian's final issue was in the late-80's they would no longer have stock even if they were a traditional company. During the time of the publication, the operating budget for the magazine was said to be around $6,000 or less (Chong). Most of this funding came out of the pockets of contributing writers and subscriptions. topWorth of Company Since Asianadian was not interested in making a profit, there was no stock to trade. Value of Asianadian could only be determined by the amount of advertising put into each issue. Advertising rates would occasionally be published in issues of Asianadian. Cost was determined by the size of ad compared to the overall page. The advertising rates went as follows: 1/12 page would go at 18 dollars, 1/8 at 25, 1/6 at 32, 1/4 at 45, 1/3 at 55, half a page at 80, 2/3 at 105, 3/4 at 115, a whole page at 150, outside back cover at 300 and finally the inside cover at 225 dollars. The first step was to determine amount and size of ads placed. Next, the team added all of the costs for placing the ads. Once that was completed, the total cost of ads placed was divided by the number of magazines used for gathering cost data; this represents the average value of one issue of Asianadian. This number was multiplied by four to determine average yearly cost. Asianadian was a quarterly magazine so the number four was used. Since Asianadian was a non-profit magazine, deductions such as salary were not necessary. The chart below shows the breakdown of how the value of an issue of Asianadian was calculated. ![]() top Executive Summary
Investment Concerns Asianadian is currently financially unstable. The loss of subscribers could drastically influence the future of the company, as they are the main source of revenue for the magazine. Another concern is the lack of advertisers that they have attracted. To gain support they may have to compromise some of their journalistic freedom in order to stay afloat. top | |||||