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Small Business Report

Transcript: Small Business Report Who are the major owners? It is a Meat and small good retail butcher shop which sells predominantly to the public but also provides for hotels, roadhouses, sports clubs, etc. They do not supply or buy in any inferior quality meat and “have always been fussy” about what they sell in the store; they try to sell as many products of local origin as they can. They have a farm and grow their own beef, lambs and goats which they feel gives them an edge over a lot of their competitors because it is the only way of having a consistently good quality of meat all year round. 3. Having an edge over other businesses selling the same products. You really need to know the product you are selling so your customers learn to trust you and want to come to you rather than going elsewhere. You need to come up with a product that is unique to you or superior to other competitors either through price or quality. They are unsure of any definite future plans for their business although they have been considering purchasing or building their own slaughterhouse and boning room. They are costing both options to see which one if any will be more viable. They are “fortunate” that they sell food products and everyone needs to eat, however trends have definitely changed over the years. For instance they used to sell 1ookg of fish leading up to Good Friday 10 years ago but now sell very little. They think this is due to people going away from traditional religious followings. Also Christmas traditions have changed over the years. They sell a quarter of the turkeys they used to sell partly because of price but also breakdown of traditional family life. They also see a lot more people going away at Christmas overseas rather than stay locally which means less customers during the best time for the sale of their produce. Butcher 2. Putting your business first and working your lifestyle around it rather than the other way around. You really need to eat breathe and sleep it especially in the first few years. A lot of people fail in business through this, a successful one is gained through hard work and long hours. Also when you start out you need money to get you through the first 12 months while you are building your trade up whether by overdraft loan or savings. Many people fail in the first 12 months because they are under the false impression that you open the doors and the money rolls in. The truth is that if you break even in the first year or two you are very fortunate but mostly it takes 3 years before you start making any serious profits. 1. Great customer service - as important as selling quality goods at competitive prices. If people enjoy the experience of shopping at your store they will tell friends and family and keep coming back week after week month after month year after year. A look inside Gerry's Dublin Meats Unsure of what their market share would be as a percentage of butcher shops and supermarkets etc Their major competitors are the larger butcher shops and supermarkets although they find that “customers will seek out consistent quality of meat which is all we deal in”. The most important part of a Small Business though, is loving the work that you do. “We have built up a business that we are very proud of over 16 years and we still love what we do which is what enables us to work 7 days a week” “We don’t keep the best meat in town, we sell it!” Old Port Wakefield Road Dublin SA 5501 Have there been any recent major developments in the last 5 Years for the business? who serve customers but also prepare all the value added products schnitzels patties etc. Steady build up of customers sales and turnover over 16 years. They try to keep at lower prices than other quality butchers which they are able to do by growing a lot of their own produce on their farm which is only 10 minutes drive from their shop. They do not have as high a profit margin as some but they make up for it by their customers purchasing more and making Gerry’s shop their sole meat purchasing venue. Helen and Gerry have found the 3 most important factors to running a successful business to be... to breakdown the bodies of beef lambs pigs and goats Is there an impact of external factors (social trends, government, economic, environment) on business operation and performance? Assistant Are there any proposed (future) development/plans for the business? What is the Market Share? And who are the Major competitors? Business Management Structure Butcher who serve customers but also prepare all the value added products schnitzels patties etc. Assistant What is the performance trend of the business? Is there significance of location of the business? What are the major goods/services produced? Owner/ Manager There is a regulation in their industry. Gerry's answer to the meat hygiene government department. They have been accredited for 10 years and joined before the compulsory act came in. They are inspected via unannounced checks twice a year and

Small Business Report

Transcript: Service, Finance Manager, Administration I was not able to obtain any solid figures regarding the recent performance of the business, however the general trend of Audi Automotives as been positive growth of around 5%-10% per year for the last 6 years. The reasons for this growth are the following: 1. Investment in marketing 2. New innovating products 3. Consumer confidence 4. Affordable finance Recent major developments Significance of the location of the business Proposed plans Marketing is a huge factor when it comes to sales in this industry. That's why it is essential to try communicate to a specific, yet wide demographic in order to create an appeal to the product. Some advertising includes newspaper, car magazines and television advertisement. Audi television advertisements are more aimed at promoting brand instead of specific franchises like Audi Centre Melbourne however. Furthermore there is a lot of marketing that is aimed at increasing goodwill, such as consumer loyalty. These events include track days, golf and dinner functions. Although specific laws do no effect the business too much, particular taxes and regulations do. These include: 1. Import tax 2. Luxury car tax 3. Stamp duty 4. Car registration The reason behind this is because all of these taxes and regulations force the sales price of the car to increase, hence making the demand for the car less, as it is at a higher price point. Small Business Assignment Major goods produced Manager Finance Manager: Michael Sara Administration: Salena, Mikeala, Georgia, Josh Major Competitors Business Management Structure "Lifestyle. Passion. Drive." As the location of the business is on the corner of Swanston St, heavy traffic on a regular basis makes external appearance a main factor when it comes to advertising. This means that a lot of money goes into signage and easy in-out car access, as it is a crucial part in overall frontage appeal. Furthermore, as the business is located in the city, and hence the name, “Audi Melbourne”, the word “Melbourne” actually has some goodwill associated with it, as it seems to signify that this particular dealership is representing the biggest city in Victoria, and therefore may have higher standards. Impact of External Factors The performance trend of the business Thank you As everyone understands, buying a car is a big investment, and one that is generally meant to provide for years. And like anything that is around the price point of a new (or preowned) car, there are always better times to invest than others. Because of this, the economy plays a great deal on sales and turnover of cars sold. The economy depends on many factors such as the strength of the Australian Dollar, and other foreign markets such as America and China. That is why it is essential that the market is generally strong for the business to become stable. Furthermore on this point, there is a level of consumer confidence that comes with the market strength, and even personal opinions financially, that determine which time is a good time to buy. Regulations that influence the operation of the business Major owner(s) Bobby Zagame 501 Swanston St The sale and service of Audi automotive Sales Manager, Service Manager Over the last few years, there has been limited developments due to proposed plans estimated to be commenced February 2013. However, one recent development is the transfer of service and Audi “Approved Plus Pre-owned Vehicles” to be moved to West Melbourne Audi, an external location. Types of Advertising By James Zagame Customer Service, Event manager, Salesmen http://www.zag.com.au/brands/audi/ Manager: Bobby Zagame Sales Manager: David White Service Manager: Josh Scappello Customer Service: Mario Scerri, Rebecca Zagame Event Manager: Carly Greatbatch Salesmen: Joe Pinto, Frank Sanovsky, Jason Sanovsky, Claudio Giusti Service: Joe Delucci, "Cossy", Pierro, Bibliography Further development is estimated to take place in February next year. These new plans include the creation of a bigger and better service area for all Audi automotive, and a total of 6 floors, which will be able to house 100's of new Audi's and more offices. A Look Inside Audi Centre Melbourne As this business exists in a marketed that is relatively saturated, there are many competitors that compete on price and product. Some of these include: 1. Audi Penfold’s Doncaster 2. Mercedes Melbourne 3. BMW Melbourne 4.. Lexus Melbourne

Business Report Template

Transcript: Business Report Template An Engaging Approach Using Prezi Video Components of a Business Report Introduction Executive Summary Table of Contents Title Page The introduction provides background on the report topic, outlines its scope, and states the objectives. It sets the context for the reader, making it easier to understand the relevance of the findings. The title page is the first impression of your report. It should include the report title, author’s name, date of submission, and potentially the organization’s logo, ensuring a professional appearance. An executive summary condenses the main points of the report, allowing readers to grasp essential insights quickly. It typically includes the report’s purpose, findings, and recommendations, enabling informed decisions without delving into the full document. The table of contents organizes the report’s structure, guiding readers to specific sections easily. It lists major headings and subheadings along with corresponding page numbers, enhancing navigability. Presentation Techniques with Prezi Video Conclusions and Recommendations Body Sections Appendices References Engaging Visuals Conclusions summarize what was learned from the report, leading to actionable recommendations. They should be clear and target the objectives stated in the introduction, guiding future actions or decisions. Interactive Features The body of the report contains detailed information, analysis, and evidence supporting the findings. Each section should address specific points, maintaining a clear and logical flow throughout the document, ensuring clarity for the reader. Appendices provide supplementary materials that support the main report, such as raw data, detailed methodologies, or additional charts. This section allows interested readers to explore further without cluttering the core content. The references section lists all sources cited within the report, ensuring credibility and allowing readers to verify information. Proper citation format is essential for maintaining professionalism and academic integrity. Dynamic Transitions Prezi Video's unique canvas allows for the integration of striking visuals that keep the audience focused. High-quality images, videos, and infographics can illustrate key points effectively, making complex information easier to understand and retain. Dynamic transitions in Prezi Video create a seamless flow between topics, maintaining audience interest. The zooming feature adds a storytelling element, guiding viewers through the narrative rather than a traditional slide-to-slide format. Prezi Video offers interactive features such as polls and Q&A sessions that increase audience participation. These tools can transform a standard presentation into an engaging dialogue, fostering deeper connections with the content. Delivery Tips Audience Engagement Strategies Effective delivery is critical in virtual presentations. Practicing proper pacing, using confident body language, and maintaining eye contact with the camera can significantly enhance the presentation's impact. Implementing strategies like asking open-ended questions or utilizing real-time feedback tools can significantly engage the audience. Tailoring content to address audience interests can lead to a more impactful presentation experience. Designing Effective Reports Layout and Formatting A well-structured layout guides readers through the report. Utilize headings, subheadings, and bullet points for better organization and visual appeal. Consistency in Style Using a consistent style throughout the report reinforces professionalism. Stick to a unified color scheme, font choice, and formatting rules. Use of Visuals Incorporating charts, graphs, and images helps to illustrate key points and data. Visuals can enhance understanding and retention of complex information. Incorporating Brand Elements Including brand elements like logos, colors, and fonts aligns the report with corporate identity. This helps reinforce brand recognition and professionalism. Ensuring Readability Select clear fonts and maintain sufficient contrast between text and background. Aim for concise language and short paragraphs to improve readability. Introduction to Business Reports Purpose of Business Reports The primary purpose of business reports is to convey important information to stakeholders, enabling informed decisions. They play a vital role in tracking progress and identifying trends within the organization. Audience Identification Identifying the target audience for a business report is critical to its success. Tailoring the content and presentation style according to the audience's knowledge level and interest increases engagement and effectiveness. Types of Business Reports Business reports can be categorized into several types, including analytical, informational, and proposals. Each type serves a unique purpose and is tailored to specific audiences and objectives. Overview of Content Structure Importance in

Annual Business Report

Transcript: Product Highlights Best-Selling Charm Bracelets Annual Business Report Our best-selling charm bracelets reflect both customer preferences and seasonal trends, with top performers including the 'Wishing Star' and 'Ocean Waves' designs. Together, they account for 40% of total sales. New Product Launches Customer Feedback The recent introduction of the 'Nature Collection' featuring eco-friendly materials has attracted environmentally-conscious consumers. This product line has quickly gained traction, contributing to a 15% increase in overall sales since launch. Customer feedback has highlighted the popularity of personalized charms, leading to a 25% increase in custom orders. Positive reviews stress quality and unique design, establishing brand loyalty among our client base. Sales Channels We utilize multiple sales channels including our online store, local markets, and social media platforms. This diverse approach has expanded our reach, capturing a wider audience and boosting brand visibility. Company Overview Mission Statement Our mission is to design and sell high-quality charm bracelets that express individuality and creativity, all while fostering a sustainable and inclusive business model for our community of student artisans. Vision Statement Key Values We envision a world where charm bracelets become a canvas for personal stories, connecting people through art and shared experiences while empowering student entrepreneurs. We uphold values of creativity, collaboration, sustainability, and community. These principles guide our decisions and actions as we craft unique jewelry pieces that resonate with our customers. Performance and Insights of Our Student-Owned Jewelry Company Business Structure As a student-owned enterprise, we operate under a cooperative model where each member contributes to decision-making and production, fostering teamwork and shared success as we pursue our passion for jewelry making. Financial Performance Expense Breakdown Revenue Analysis Total operational expenses amounted to $30,000, with marketing costs representing 40% of the total. Other significant expenses included materials at 30% and labor costs at 20%, emphasizing the need for efficient resource allocation. Total revenue for the year reached $50,000, marking a 20% increase compared to the previous year. Sales from charm bracelets accounted for 85% of the total revenue, showcasing the popularity and market demand for our unique designs. Profit Margin Year-over-Year Comparison Comparing this year's performance with last year's, revenue increased by 20% and expenses grew by 15%. These metrics confirm the growth trajectory of the business and the sound management of costs, contributing to overall financial health. The profit margin for the year stands at 40%, reflecting a healthy balance between production costs and sales revenue. This margin illustrates effective pricing strategies and the desirability of our charm bracelets in the market. Future Outlook Strategic Goals Market Trends Our strategic objectives for the upcoming year include increasing our market share by 20%, launching five new charm designs, and enhancing brand awareness through community engagement initiatives. These goals aim to solidify our presence in the jewelry market. The jewelry market is projected to grow by 5% annually, driven by a rise in personalized accessories and ethical consumerism. Keeping abreast of these trends is critical for aligning our products with customer preferences. Expansion Plans Marketing Strategies Our marketing strategies will focus on social media engagement and collaborations with local influencers to increase brand visibility. Targeted online ads will further reach potential customers in our defined demographics. In the next year, we plan to extend our product line to include themed collections and develop an e-commerce platform to reach a broader audience. Partnerships with local boutiques will also facilitate brand expansion.

Annual Business Report

Transcript: Annual Business Report Insights and Performance Overview Achievements and Milestones Challenges Faced This year, we successfully launched three major projects that exceeded performance expectations, contributing to a 20% increase in customer satisfaction. Additionally, we achieved a 15% reduction in operational costs by optimizing our supply chain processes. Operational hurdles included supply chain disruptions due to global events, which impacted timely deliveries. Additionally, adapting to remote work dynamics presented workforce management challenges requiring innovative solutions. Operational Highlights Summary of Insights Operational Efficiency This section reviews key achievements, challenges encountered, and operational efficiency metrics that define our performance this year. Analyzing these components sheds light on our current position and future opportunities. Over the fiscal year, the company achieved a 15% increase in revenue, bolstered by a shift towards digital sales channels. Customer satisfaction scores improved to 92%, reflecting enhanced service offerings and targeted marketing strategies. Our operational efficiency improved by 10% this year, driven by automation of key processes and enhanced employee training programs. Performance metrics indicate a significant increase in productivity per employee, ensuring resource optimization. Actionable Recommendations Market Analysis Conclusion and Recommendations An understanding of market dynamics, including industry trends, competitive landscape, and customer insights, is vital for strategic decision-making and long-term success. To sustain growth, prioritize investment in technology to streamline operations and enhance customer engagement. Implement a comprehensive training program to improve employee skills and adapt to market changes swiftly. The conclusion encapsulates the main insights of the annual business report and offers key recommendations for strategic advancement. This section highlights essential takeaways that can drive future success. Customer Insights Industry Trends Future Objectives The company aims to achieve a 25% market share in the next two years, focusing on innovation and sustainability. Expanding into emerging markets and leveraging digital transformation will be crucial for this goal. Insights gathered from customer feedback show an increasing demand for personalized services and products. Consumers are also prioritizing brands that align with their values, particularly regarding sustainability and social responsibility. The current industry trends indicate a shift towards digital transformation, with companies investing in AI and automation for operational efficiency. Additionally, sustainability measures are increasingly becoming a priority, as stakeholders demand eco-friendly practices in operations. Closing Remarks Key Performance Indicators The annual report underscores significant progress and sets a roadmap for future initiatives. With strategic focus and dedicated efforts, the company is positioned to capitalize on emerging market opportunities. Competitive Landscape Key metrics underscore the achievements of the year: a 20% reduction in operational costs and a 30% increase in customer retention rates highlight effective strategies affirming company resilience and adaptability. The competitive landscape has evolved with the emergence of new players and innovative startups disrupting traditional market structures. Key competitors are focusing on differentiation through technology and customer experience to maintain their market share. Technology Integration Embracing technology, the company has integrated AI tools to streamline operations and improve decision-making processes. A pilot program using predictive analytics resulted in a 20% increase in operational efficiency, showcasing the positive impact of tech adoption. Cost Management Key Findings Future Projections Growth Strategies Sustainability Efforts Strategic cost management initiatives led to a 10% reduction in operational expenses while maintaining service quality. Streamlined processes and innovative sourcing options were key contributors to this achievement. The company has implemented several growth strategies including market expansion, product diversification, and enhancing customer engagement. Recent initiatives led to a 15% increase in market share and a significant rise in customer retention rates through personalized marketing initiatives. In alignment with global sustainability goals, the company has committed to reducing its carbon footprint by 30% over the next five years. Initiatives include transitioning to renewable energy sources and implementing waste reduction programs that have already shown a 10% decrease in landfill contributions. Critical findings reveal a 15% increase in year-over-year revenue and a 10% improvement in profit margins. Enhanced customer satisfaction metrics indicate a shift towards a more engaged consumer base,

Example of Small business

Transcript: Thank You PN FARIDAH BINTI JAMIL for being our supervisor Example of Small business MONEY MONITORING TRANSACTION SYSTEM Example of Medium size business We have conduct 50 respondents from around Taman Cempaka and also around Ampang to test the system and show the system in front of the respondents. Most of respondents are quit agree with this system. But still a few of respondents are not agree with this system because of the protocol of the organization is not suitable for this system. This system are accepted for most of the respondents. But still there is the need to be upgrade more. Testing Testing is a phase to ensure the system is run correctly according to the flow. Questionnaire has been pass to 50 respondents from small and medium size business and the system also has been test in front of them. Testing Example of Testing Questionnaire For Money Monitoring Transaction System is suitable to use for small and medium size business. This system is developed for reduce money fraud in the organization or business. Implementation Design is in the stage of system development project when the task required to create a finished project is planned. Design is the process of thinking, choosing , making and creating the project. Design Connect to Transferring Confirmation/reference Data stored Check/ reference Admin System Transaction Database System Online banking site Server CEO/BOD From almost 2 Semester we have take this subject of FN521 and FN621, we learn how to use this LabView Programming software. Also we learn how to be more discipline for two semester. We also learn how to use and implementing the barcode scanner with the software. The most important thing is we learn how hard to make this system can be completed even just a few more percent were still difficult to implement yet. And lastly we learn the hardest thing and we still go trough it and we are very thankful to our supervisor who gave us guide and teach us to be more discipline and hope to be a reliable person one day. Conclusion Upgrade the system to be more reliable and more secure. Make the interface of this system more colorful and can be design. Make an other method besides the QR Barcode scanner. Suggestion from Respondent Money Monitoring Transaction System is a interface that made by using Labview programming software. Labview programming software is a system-design platform and development environment for a visual programming language from national instrument. What is Money Monitoring Transaction System? FINAL YEAR PROJECT GROUP MEMBER : INFORMATION AND COMMUNICATION TECHNOLOGY DEPARTMENT FN621 FINAL YEAR PROJECT MONEY MONITORING TRANSACTION SYSTEM 1 – System Scope Transferring money using online system. Trace the flow of company money 2 - User Scope Admin CEO/BOD Accounting officer Scope The objective of this project is : 1 – Develop system that able to prevent financial stealing. 2 – Ensure every withdrawals into the company more secure with this system. Objective Misappropriation of money in the company. Excessive withdrawals or exceed budget. Used the money for their own use and personal. Problem Statement Example of Analysis Questionnaire We have conduct about 50 respondents from Panasonic AVC Network SDN BHD in Johor from Department of Accounting and Financial Department regarding this system. From the Survey we have made trough questionnaire that we have provided most of them agree if the one system if build to prevent money fraud at each organization. Most of respondent also give a good feedback and suggestion to make sure the system is more secure. Analysis

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