...With the plethora of entry-level accounting software available on the market Intuit’s QuickBooks Pro and Sage’s Peachtree Pro are still two of the most popular accounting software specially designed for the needs of small businesses. Both provide excellent solutions to many of the accounting challenges faced by small businesses that use double entry accounting. QuickBooks Pro and Peachtree Pro are promoted as software designed for users with little or no accounting knowledge. Although very similar, there are key elements that differentiate one from the other. For the small business owner ease-of-use, efficiency, security, systems compatibility and operability, vendor support, options to expand and upgrade, and cost feasibility are essential criteria that need to be met. Software Comparison QuickBooks Pro is easy to use and offers the user help in setting up the company, selecting a chart of accounts, and recording transactions in the proper place. Functions are grouped to help direct the user to what is available in a particular category. The menus are simple to understand and offer the user representational icons for what they want to do. For example, a check looks like a check and so on. The homepage offers the user easy navigation through shortcuts allowing information to be pulled in different ways. Like QuickBooks Pro, Peachtree Pro has a user-friendly interface. Peachtree Pro, on the other hand, is slightly more complicated to use and may require some knowledge...
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...The San Diego based company Kudler Fine Food’s consists of both domestic and imported food which includes, a bakery, fresh meats, seafood, produce, dairy products and other packed foods and condiments. They have expanded their business to three locations, La Jolla, Encinitas and Del Mar. The company was founded by Kathy Kudler in 1998 who strives to enhance and simplify her business needs. It was noted that she is in need of a new accounting system to facilitate the expanding success of her company. This proposal will feature options that will efficiently accommodate these needs. New Accounting System There are six major components of an Accounting Information System (AIS). • Employees • Procedure and Instructions • Data • Software • Information Infrastructure • Internal Controls. Employees The new Accounting Information System will assist all departments to work in unison. Management can establish sales goals so staff will know how much inventory to order, inventory will notify accounting of the new payable and invoice customer, sales can enter the order, warehouse can package order and shipping department can ship it out. The customer service department can track shipping. The AIS is designed to be user friendly and meet all needs. Authorized personnel can access the same system and share the same information. Procedure and Instructions Processing data will be achieved by both manual input and automated in collecting, retrieving and storing data. Procedures and...
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...design the computer network for him. At this time he has no components of the network so I will have to work from scratch. The initial set up will be two workstations and a printer. He also informs me that he will need internet access with multiple email addresses. The need for security is low so the security suite doesn’t have to be complex. Since he is just starting the business he has limited funds. He needs to keep the overall start up cost to under $5000.00 and the monthly cost to under $200.00. I told him I would do it and this is the design I gave him. First of all I need to start with the workstations themselves. Since he needs to track orders and keep an accounting data sheet I will have to have the right programs for him. We will connect the two workstations using the peer-to-peer network. This allows both computers to communicate with each other and share programs but can keep some files protected for the other computer (Dean, P3). Also with this network it is very simple and less expensive. The computers I would recommend for this would be the HP Compaq 6000 pro all in one business pc. This is an outstanding product cost $811.00 and will have great memory and storage for all his needs. This computer come with a 4 GB RAM, storage capacity of 320 GB and is loaded with Microsoft windows 7 professional. There are also up to 7 USB 2.0 ports which are great for small businesses...
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...BOOKKEEPING & ACCOUNTING SYSTEMS Why do bookkeeping? Bookkeeping has two primary functions: to provide you with information that will allow preparation of tax reports, and to provide information that will help you manage your business, see trends and implement changes. Satisfying the tax requirements is how many small businesses organize this function within their company. I would rather see you focus on the management information systems, and make sure they do the job for the taxman. The keeping of timely and accurate financial records is imperative if any business is to succeed. You want to set up a system that is as simple as possible, yet acquires the necessary information to help you better manage the business. Over time, you will learn to read your financial reports so that at a glance you can determine how you are doing, and look at making changes which will correct those things that you are not comfortable with. Should I hire an accountant? This depends on what your skills, time availability, and complexity of the business you are starting. In general, most all business should be using the services of a tax advisor or accountant for some matters. The tax codes change rapidly, and keeping up with all the changes and provisions make it difficult to be a do-it-yourselfer in this area. You can do much of the work yourself, and then have an accountant review and make recommendations. Another approach is to use the services of an accountant to begin, and...
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...Designation | Assistant Professor | Course name | Business English and communication | Course code | F-101 | submitted by: GROUP NO: 12 NAMES | ID | mahfuzur rahman | 19-084 | MAEDUL ISLAM | 19-054 | SAMIUN NAHAR NITU | 19-174 | AFROZA LUBNA | 19-138 | RIPON HALDER TANMOY | 19-069 | | | | SUBMISSION DATE: 12/06/2013 Executive summary x Chapter -1 | 1.1 Background of report 7 1.2 Objective of the report 7 1.3 Scope of study 7 1.4 Methodology used 8 1.5 Preview of presentation 8 | Chapter -2 | 2.1 Technological evolution in modern communication 8 2.2 Electronic media in written communication 9 2.2.1 E-mail 9 2.2.2 Word processing 9 2.2.3 Electronic bulletin board 10 2.2.4 On line database 10 2.2.5 Internet 10 2.2.5.1 On line internet 10 2.2.5.2 Off line internet 11 2.2.7 Computer printer 11 2.2.8 Scanner 12 2.2.9 Others 12-13 | Chapter -3 | 3.1 Software mostly used in business 12 3.1.1 Brainkeeper 13 3.1.2 Stata 14-16 3.1.3 Saga one 16 3.1.4 Quick books 17 3.1.5 Quick books pro 17 3.1.6 SAP Business Suit 18-19 3.1.7 Oracle E-Business Suite 19-20 3.1.8 Voice Recognition Software...
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...System Development Plan Axia College of University of Phoenix Management of Information Systems June 10, 2007 There are several phases in a system development plan, which will help The Fitness Center meet its objectives and goals. The key phases to a development plan include investigation, analysis, design, implementation and review and maintenance. Failure to complete each phase in detail may result in an unsuccessful development plan. The Fitness Center has five locations with approximately 650 members and 30 employees at each location. The purpose of a new information system is to provide its members the capability to monitor their exercise activity. This includes the type of exercise, the length of time and the loss or gain of weight and inches. By monitoring such activity, will provide information to both the member and the personal trainer to build an exercise program which best fits the member’s personal needs. A new system will also help the company obtain a competitive advantage over the other fitness clubs throughout the city. A new database will tack all member information, such as name, address, date-of-birth, date of enrollment and if the member is current on their member fees. As well as the member, management will also be able to report on the member’s activity. The reports will indicate which type of equipment is being used, what classes are being participated in and total weekly expenses. Results may indicate management needs to add equipment...
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...data, and words. Sources are properly credited according to the APA guidelines. Signature: ______________________________________ Date: _____________________ Abstract This report examines Café modernization. Based upon historical business models, and ebusiness strategies, the Broadway Café has the potential to be competitive once modernized. Barnes and Nobles has had great success with the incorporation of its Café‘s into their bookstores. Michael Porter’s Five Forces Module and implementation of technology resources can give the Broadway Café a means for success. Table of Contents Abstract 3 Table of Contents 4 Introduction 5 Problem Statement 7 Competitive Advantage : Porter’s Five Forces Analysis 7 e-Business : Create an ebusiness Strategy 8 Supply Chain Management 8 Customer Relationship Management: YouTube Customers 9 Systems Development : Collaboration 9 Prior research 10 Competitive Advantage : Porter’s Five Forces Analysis 11 e-Business : Create an ebusiness Strategy 12 Supply Chain Management 13 Customer Relationship Management: YouTube Customers 15 Systems Development : Collaboration 16 Conclusion and future research 18 Competitive Advantage : Porter’s Five Forces Analysis 19 e-Business : Create an ebusiness Strategy 19 Supply Chain Management 19 Customer Relationship Management: YouTube Customers 20 Systems Development : Collaboration 20...
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...CHARTER CONTROLS | Final Report | ENTRP 492Cole CheslockTyson Jones Kalsun Romero-GoertzDecember 4, 2011 | Table of Contents DISCLAIMER 3 ACKNOWLEDGEMENTS 4 EXECUTIVE SUMMARY 5 INTRODUCTION 7 COMPANY OVERVIEW 7 INDUSTRY OVERVIEW 8 External Environment 8 Key External Drivers 9 METHODOLOGY 10 SCOPE 11 FINDINGS AND RECOMMENDATIONS 12 GOVERNMENT CONTRACTS 12 OEM CONTRACTS 14 ACCOUNTING METHODS 16 ORGANIZATIONAL STRUCTURE & PLANNING 19 ONLINE PRESENCE & BRAND AWARENESS 23 Social Networking 24 MARKETING PLAN 27 Competitive Analysis 27 4 P’s Analysis 28 Industry Segments 28 CITATIONS 32 APPENDIX 33 To-Do List 33 Manufacturing Metrics 34 PRO FORMA INCOME STATEMENTS 35 ------------------------------------------------- DISCLAIMER This material is based upon work supported by Washington State University. Any opinions, findings, conclusions, or recommendations are those of the authors and do not reflect the views of Washington State University, its employees or its administration. ------------------------------------------------- ACKNOWLEDGEMENTS Our team would like to acknowledge and extend our heartfelt gratitude to the following persons who have made this report’s completion a possibility. We would first like to thank our team mentor and advisor Albert Christensen and Kristin McMahon, who provided our team with much needed support and assistance in reviewing our papers. We would also like to thank our professor Mr. Pickett...
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...Catering Business Plan Executive Summary Love Catering is a kosher catering company that serves the Selangor customers market. Love offers creative, colorful, and unusual food options for kosher as well as the traditional standbys. The service offerings are quite a change relative to the existing kosher catering market which is quite stagnant. Most people make the incorrect assumption that kosher food means ordinary, boring food. This assumption prevails throughout the Jewish community so there is not much demand for new offerings. Love catering will inject new life into the kosher catering market, leveraging Chef Susan Cheflly’s culinary skills to develop creative new catering options. Susan’s advanced skills, industry insight, and a great market opportunity will allow Love Catering to reach profitability by month 11 and generate $395,000 in revenues for year three. 1.1 Objectives The objectives for the first three years of operation include: To create a service-based company whose primary goal is to exceed customer’s expectations. To increase the number of client’s served by 20% per year through superior service. To develop a sustainable start-up business. To develop enough cash flow to pay all salaries as well as grow the business. 1.2 Mission Love Catering’s mission is to provide the customer with the finest kosher catering. We exist to attract and maintain customers. When we adhere to this maxim, everything else will fall into place. Our services will exceed...
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...themselves, “Why aren’t we better at innovation?” After all, there is no shortage of sound advice on how to improve: Come up with better ideas. Look outside the company for concepts and partners. Establish different funding mechanisms. Protect the new and radically different businesses from the old. Sharpen the execution. Such strategic counsel, however, is based on the assumption that all organizations face the same obstacles to developing new products, services, or lines of business. In reality, innovation challenges differ from firm to firm, and otherwise commonly followed advice can be wasteful, even harmful, if applied to the wrong situations. hbr.org 1179 Hansen_new.indd 121 | June 2007 | Harvard Business Review 121 5/2/07 8:05:09 PM The Sophisticated Innovator Consider how two different CEOs confronted the innovation challenges facing their companies. When Steve Bennett joined Intuit, the maker of the financial software programs Quicken and QuickBooks, in January 2000, it was a company with lots of ideas – most collected from outside the organization – but little discipline for bringing those ideas to market. “We had a lot of energy focused on learning from customers,” the CEO recalls, “but we were struggling to decide which ideas would have the highest impact.” To fix this, Bennett demanded that clear business objectives be set for ideas in development, and he held people accountable for delivering on them. Intuit is now just...
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...Acclaim for THE LEAN STARTUP Acclaim for THE LEAN STARTUP “The Lean Startup isn’t just about how to create a more successful entrepreneurial business; it’s about what we can learn from those businesses to improve virtually everything we do. I imagine Lean Startup principles applied to government programs, to health care, and to solving the world’s great problems. It’s ultimately an answer to the question How can we learn more quickly what works and discard what doesn’t?” —Tim O’Reilly, CEO, O’Reilly Media “Eric Ries unravels the mysteries of entrepreneurship and reveals that magic and genius are not the necessary ingredients for success but instead proposes a scienti c process that can be learned and replicated. Whether you are a startup entrepreneur or corporate entrepreneur, there are important lessons here for you on your quest toward the new and unknown.” —Tim Brown, CEO, IDEO “The road map for innovation for the twenty-first century. The ideas in The Lean Startup will help create the next industrial revolution.” —Steve Blank, lecturer, Stanford University, UC Berkeley Hass Business School “Every founding team should stop for forty-eight hours and read The Lean Startup. Seriously, stop and read this book now.” —Scott Case, CEO, Startup America Partnership “The key lesson of this book is that startups happen in the present —that messy place between the past and the future where nothing happens according to PowerPoint. Ries’s ‘read and react’ approach to this sport, his...
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...- is to build an elegant fragrance boutique. The store name will be entitled Upscale Ambiance. Several expected benefits took place to motivate Team B to have charge over this project. The number one benefit comes from knowing consumers will not have to travel as far to purchase his or her favorite fragrance or candle. Other benefits include having unique products in stock that will set us apart from any other fragrance boutique. The team will incorporate clever promotions, savvy merchandizing and exclusive offerings for consistent customers. Consumers do not want a cookie cutter approach when purchasing expensive items. Consumers are ever increasing their knowledge of purchasing power. The team will face the challenge of brand diversity. Our fragrances will address the needs of our diverse clientele. The project team will even stock products (i.e. lotions and soaps) that are fragrance free, but will provide ingredients that soften, lift and hydrate the skin. Team B will build a boutique that gives customers more scents for his or her dollar. The project customer will be Perfume Pro. Perfume Pro will be responsible for approving and finalizing all resources for our project and hold Team B liable for successful...
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...2015 Legal Page Confidentiality Agreement The undersigned reader acknowledges that the information provided by Organic Mystique in this business plan is confidential; therefore, reader agrees not to disclose it without the express written permission of MGT/401 Team C. It is acknowledged by reader that information to be furnished in this business plan is in all respects confidential in nature, other than information which is in the public domain through other means and that any disclosure or use of same by reader may cause serious harm or damage to Organic Mystique. Upon request, this document is to be immediately returned to MGT/401 Team C. ___________________ Signature ___________________ Name (typed or printed) ___________________ Date This is a business plan. It does not imply an offering of securities. 1.0 Executive Summary 1 1.1 Objectives 1 1.2 Mission 2 1.3 Keys to Success 2 2.0 Company Summary 2 2.1 Company Ownership 2 2.2 Start-up Summary 2 Table: Start-up 3 3.0 Products 3 4.0 Market Analysis Summary 3 4.1 Market Segmentation 4 4.2 Target Market Segment Strategy 4 4.3 Industry Analysis 5 4.4 Globalization 6 5.0 Management Team Summary 6 References 1 Appendix A 2 1.0 Executive Summary Organic Mystique is an e-commerce business located in Sacramento, CA. This web-based business will sell organic products of various types. The purpose of this plan is to gain interest of the company by consumers. The Concept Recognizing...
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...Company Introduction: Assured & Associates offers a unique combination of premier home health care and community-based social services to the Atlanta, GA metro area. Market research indicates that there is a significant need for quality home health care and social services within this region and we believe that by employing competent and well-educated staff and providing them with organized and responsive management, we can become the home health care/social service agency of choice in Orlando, FL. Assured & Associates will be created as a Limited Liability Company based in Orange County. owned by its principal investors and principal operators. The initial office will be established in quality office space at 1800 Pembrook Drive in Orlando, FL which is the heart of Orlando. Pembrook Commons is located close to a hospital facility, which will serve as referral bases for our agency. Consumers of our services will be those individuals and families in need of home health care and/or social services. These patients are usually referred by other health care professionals such as physicians, attorneys, insurance companies and health care facilities. Our agency has already developed an excellent reputation with many of these professionals, through the work of our Registered Nurse, who has been providing home health care services for the past twenty years. Our agency must be licensed by the State of Florida and our services reimbursed by Medicare, Medicaid and other private...
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...SUCCESS…………………………………………………………………..5 STARTING UP A PLUMBING BUSINESS………………………………………..6 PLUMBING BUSINESS PLAN……………………………………………………..7 OBJECTIVES…………………………………………………………………………8 SAMPLE OF COMPANY’S PLUMBING PLAN…………………………………..9 START UP REQUIREMENTS……………………………………………………...10 START UP FUNDING………………………………………………………………..11 MARKET ANALYSIS SUMMARY…………………………………………………12 SERVICE BUSINESS ANALYSIS……………………………………………………13 COMPETITION & BUYING PATTERNS…………………………………………..14 RISK INVOLVED………………………………………………………………………15 REFERENCES…………………………………………………………………………..16 plumbing INTRODUCTION Plumbing (from the Latin plum bum for lead as pipes were once made from lead) is the skilled trade of working with pipes, tubing and plumbing fixtures for drinking water systems and the drainage of waste. A plumber is someone who installs or repairs piping systems, plumbing fixtures and equipment such as water heaters. The plumbing industry is a basic and substantial part of every developed economy due to the need for clean water, and proper collection and transport of wastes. Plumbing also refers to a system of pipes and fixtures installed in a building for the distribution of potable water and the removal of waterborne wastes. Plumbing is usually distinguished from water and sewage systems, in that a plumbing system serves one building, while water and sewage systems serve a group of buildings or a city. The name of my small plumbing business is water tubes plumbing co. it is located...
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