Business Problem Solving

Government Analysis - Inadequate or Not Sufficient enough accounting Systems. Poor Location of Business service. Last, A Lack Of Marketing Skils.

What Goods or Services are to be produced?

Who is the customer?

What sources of supply will be used?

Where will the business be located?

How Much Captial is Required?

Strategic issue that are present in Small Business.

Causes of Small Business Failure According to Various Studies.

A Large Accounting Firm - Not Sufficient enough accounting systems, A lack of captial Budget! Not sufficient enough provision for contingencies. [Supply or Stock Dependence]. Lack of Management Skills. Excessive Inventory.

Dun And Bradstreet Study - Business Functions coud be Bad Quality and/or Condition of being incompetent. Lack of experiance inside of Management or Ownership. Neglect of business major Functions. Fruad With-in Business, Fruad commited to company. All out fuctional disasters.

Bank Of America - Reckless Business/Company Money Management. Poor Record-Keeping, Lack Of Formal Strategy Planning, Insufficient and/or invalid Marketing Talents, Indifferent unpolished employees, and an inability to cope with growth .

Business Long-Term Performance

| Questions |

Establish Programs

Define Mission.

Set Objective.

Formulate Strategy

Determine Policies

Long-Term Large Business Performance.

[FORMAL]

Prepare Pro-forma Budget

Specify Procedures

Determine Performance Measures

How Should We Organize This Operation To Get Things Done Cheaper With Higher Quality?

What Do We Stand For?

What Are We Trying To Achieve?

How Are We Going To Get There? How Can we Beat The Competition?

What Sort Of Ground Rules Should We All Be Following To Get The Job Done?

Long-Term Small Business Performance.

[INFORMAL]

How Much Is it Going To Cost Us & Where Can We Get The Cash?

In How Much Deatil Do We Have To Lay Things Out So Everyone Knows What To Do?

What Are Those Few Key Things That Will Determine Whether We Make It or Not? How Can We Keep Track Of Them?

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