About this AssignmentSmall businesses account for 99.9% of all firms and are directly responsible for more than half of the new jobs created in the United States. In this course, you have learned about small business models, financing, forecasting, accounting, and management. For this assignment, you will develop a 2,000-2,500-word small business plan.PromptTo start, you should create a fictional small business. You will then write a paper that incorporates all of the following components:Business Description: Summarize your vision for the business. Explain your business model (e.g., direct sales, brick-and-mortar, click-and-mortar, or franchise) and describe the products or services your company will provide.Industry Background: Provide a brief description of the background/history of the industry you have chosen for your business.Financial Plan: Identify the short-term and long-term financial goals for your small business. Explain your plan to obtain financing for the business.Sales Forecast: Provide an immediate (six-month), short-term (two-year), and long-term (five-year) sales forecast for your small business.Feasibility Plan: Develop a feasibility plan to determine if your business can meet operating expenses. The feasibility plan should identify the target market for your business, identify and analyze your direct and indirect competitors, identify the organizational competence of your business, and perform a financial analysis to determine the viability and profitability of your company.Exit/Succession Strategy: Describe how you will determine if the business is failing and what your exit strategy will be should your business fail. In addition, describe the succession strategy you will use if you decide to exit the business.Using SourcesYou may refer to the course material for supporting evidence, but you must also use three sources and cite them using APA format. Please include a mix of both primary and secondary sources, with at least one source from a scholarly peer-reviewed journal. If you use any Study.com lessons as sources, please also cite them in APA (including the lesson title and instructor’s name).Primary sources are first-hand accounts such as interviews, advertisements, speeches, company documents, statements, and press releases published by the company in question.Secondary sources come from peer-reviewed scholarly journals, such as the International Small Business Journal (ISBJ). You may use sources like JSTOR, Google Scholar, and OMICS International to find articles from these journals. Secondary sources may also come from reputable websites with .gov, .edu, or .org in the domain. (Wikipedia is not a reputable source, though the sources listed in Wikipedia articles may be acceptable.)If you’re unsure about how to use APA format to cite your sources, please see the following lessons:What is APA Format? Style & DefinitionHow To Format APA CitationsGrading RubricYour essay will be graded based on the following rubric:CategoryUnacceptable (0-2)Needs Improvement (3-6)Good (7-8)Excellent (9-10)Total Possible PointsRequired Components (x3)Many key components are missingSome key components are missingAll key components are includedAll key components are included and supported with an appropriate amount of explanation and detail30Structure and Organization (x2)Disorganized and illogical structure hinders understandingSomewhat disorganized, but structure does not detract from understanding of main pointsStructure is logical; main points are supported by organizationOrganization is logical; structure enhances clarity and delivery of main ideas20Clarity (x2)Vague or unclear writing; reader is left with several unanswered questionsWriting is ambiguous in a few areas; overall content is either not fully explained or is too wordy for the content includedPhrasing and word choice are mostly effective; explanations and descriptions are thorough without being wordySyntax is very clear and concise; all supporting explanations and descriptions are precise, thorough, and efficient20Evidence & Sources (x2)Evidence is nonexistent or irrelevant to overall purpose; fewer than three sources are cited or all citations are from non-reputable sourcesEvidence from three cited sources is present but does not tie directly to main points and purpose of the paperEvidence from at least three cited sources clearly supports and relates to overall purpose and the paper’s main pointsEvidence from at least three cited sources is well-integrated and enhances the paper; main points are thorough and well-developed, connecting clearly to overall purpose20Mechanics (x1)Incorrect spelling, punctuation, capitalization, and use of standard English grammar hinders understandingSeveral instances of incorrect spelling, punctuation, capitalization, and usage of standard English grammarFew instances of incorrect spelling, punctuation, capitalization, and usage of standard English grammarNo or very few instances of incorrect spelling, punctuation, capitalization, and usage of standard English grammar10
Pierce Foods A New Food Model in the Age of Pandemic Discussion
Lighting System: Incandescent or Fluorescent Lamps Essay
Incandescent bulbs are filament lamps whose principle f operation is based on light production when the tungsten is heated. Compact fluorescent lamps are discharge lamps that operate on the principle of discharge between the cathode and anode of the lamp. They are efficient, long lasting and have a large lumen output for a small rating (Basic Facts about Residential Lighting, 1994). Number of guest room; 200.bulbs per room; 4.Total number of bulb= 200*4=800. Room occupancy=60% of 200=120 room. Incandescent lamps: Lamp rating of 75 watts. Has a lumen output of 1100 lumens. Average cost of one bulb is about $0.5. Hence total cost=0.5*800=$400.Total lumen output per room=1100*4=4400 lumens. Total power rating of the whole house=800*75=60kW. Total power ratings considering occupancy=120*4*75=36kW. Kilowatt hour rating=6*365*36=78,840 kWh. Which in referred to as 78,840 units. Assume cost per unit of electricity=$0.1125, the cost for the year =0.1125*78840=$8869.5 (Kanter, 2009). Compact Fluorescent Lamps: Lamp rating=20 watts, 1100 lumens, cost =$3.Total cost for installing the bulbs=800*3=$2400. Total wattage rating of the room=20*800=16kW. Total power rating considering occupancy=120*4*20=9.6kW. Kilowatt hour rating=6*365*9.6=21024 kWh. Which in referred to as 21024 units. Assume cost per unit of electricity=$0.1125, the cost for the year =0.1125*21024=$2365.2 (Basic Facts about Residential Lighting, 1994). Memo Incandescent bulbs are bulbs that work on the principle of light production through heating of the tungsten filament. Compact fluorescent bulbs produce light through discharge of ions between the anode and cathode of the bulb (Ford, 2008). Incandescent lamps are cheaper to purchase and set up as compared to the expensive compact fluorescent lamps. However, compact fluorescent lamps are more efficient as they use less power; this is proved from the calculations above. Get your 100% original paper on any topic done in as little as 3 hours Learn More Incandescent bulbs also produce a lot of heat and have a short life span of 1000 days as compared to the 10000 days for the compact fluorescent lamps. In addition compact fluorescent lamps have very large lumen output. As shown both 75W incandescent and 20W compact fluorescent produce 1100 lumens (Ford, 2008). I advise you to use the compact fluorescent lamps over the standard incandescent lamps. Though the initial cost incurred in the setting up of the lighting system will be high for the compact fluorescent lamps, the long term effect are quite different. As shown in the calculations the amount of money spent on the system with incandescent lamps per year is $8869.5 while that for the compact fluorescent is $2365.2. In the long run, a lot of money that could be spent on the electricity expenses is saved. In addition, less amount of money will be spent on the maintenance of the lighting system because compact fluorescent lamps have longer life as compared to the incandescent lamps (Kanter, 2009). References Basic Facts about Residential Lighting. (1994). U.S. Department of energy. Web. Ford J.D. (2008). Residential Lighting. Compact Review, 20, 541-561. Kanter, R. (2009). Compact fluorescent lamps. New York: Free Press.
ACT415_Portfolio Project_Corp Tax Returns
online assignment help ACT415_Portfolio Project_Corp Tax Returns.
Module 8 Portfolio Milestone & Portfolio Project, Option #1: Corporate Tax Returns.Form 1120, Template w/ calculations, Written analysisOption #1: Corporate Tax ReturnsReview the grading rubric below to understand how you will be graded on this assignment. Reach out to your instructor if you have questions about the assignment.Because it is important for accountants to demonstrate the filing requirements for specialized tax returns, for this final project you will complete a corporate tax return and provide an analysis of the ethical considerations related to tax preparation involving corporations.Key Components:Use the financial data below to complete Form 1120.Complete the Student Template (provided in Module 8 under this assignment) that has the respective tax forms and schedules required to complete the return. Complete all the parts of your respective business tax return for which there is information.Click this link to download Form 1120 (Links to an external site.) from IRS.gov. Complete the return for BADEC.In a separate document:Show your income tax calculations.Prepare a write-up on analysis of the ethical considerations related to tax preparation.Requirements:Submit 1) your tax return template, 2) Income tax calculations, and 3) your analysis of the ethical considerations related to tax preparations involving corporations. Your paper must be formatted according to the CSU-Global Guide to Writing and APA. (Links to an external site.) Note: The Submission box does not accept fillable .pdf documents. Use the File—>Print—>Print to PDF, to save the .pdf as this will allow all information to come through.BADEC Corporation12/31/2016 Assets Cash $485,600Computer $7,000AccDep-Computer $(1,745)Furniture $3,000AccDep-Furniture $(321)Land $50,000 Total Assets $543,534Liabilities Equity Retained Earnings $53,534Stock-Anderson $50,000Stock-Bacon $150,000Stock-Cox $100,000Stock-Day $50,000Stock-Elders $40,000Stock-Fawcett $80,000Stock-Gonzalez $20,000 Total Liabilities plus Equity $543,534
ACT415_Portfolio Project_Corp Tax Returns
Central Michigan University Product Advertisement Questions
Central Michigan University Product Advertisement Questions.
In an initial post to this discussion board, respond to the following questions/prompts. Please label your responses by number so I can tell where one response ends and the next begins. Address all parts in your discussion. If using outside sources, be sure to cite them and include reference information:1. Explain the “big idea.” Choose a commonly seen ad from a typical product category (automotive, mattresses, pharmaceuticals, etc) and identify, analyze and critique the big idea?2. What type of appeal do you recognize in most advertising? What type of appeal do you commonly respond to and why?
Central Michigan University Product Advertisement Questions
SAP/R3 ERP Essay
Table of Contents Introduction Data warehousing Merits of Data warehousing SAP R/3 Overview Companies using SAP R/3 solutions Conclusion References Introduction This report gives a brief definition of data warehousing and further explains the benefits that organization gain by using this technology towards strengthening and shaping their businesses’ competitive edge. Additionally, the report gives a detailed overview of SAP/R3 ERP solution and points out some of the companies which are using this solution. Data warehousing Data warehousing is a term which is refer to a massive database acting as a centralized depository of data emanating or originating from different departments in an organization (Ponniah, 2001, p.19). Merits of Data warehousing Many organizations have used colossal sums of money in implementing data warehouse solutions. These huge sums of money are not spent in vein; there are many benefits that accrue from adopting data warehousing solutions. The first fundamental benefit that this solution offers to an organization is that it facilitates business executives to formulate incisive decisions (Ponniah, 2001, p.4). Data warehousing comes with the creation of a central depository data base. Easy access to centralized organizational information is important because it allows decision makers to view an organization as a whole rather than from the angle of departments. The second benefit of data warehousing is that data in the warehouse can be modeled in the form that speeds up the generation of reports (Ponniah, 2001, p. 91). Data warehousing creates an environment where companies can exercise the use of data models. Get your 100% original paper on any topic done in as little as 3 hours Learn More Data modeling is important as the models can be used towards easy analysis of situations even when the task to be done is demanding and difficult for processing. Thirdly, data warehousing helps simplify data management operations in an organization. Data warehousing offers an opportunity for the organization to store and retrieve data in a relatively simple manner instead of employing complex and challenging methods. Data can be accessed simply by typing simple commands on a panel then the system communicates back with the desired information (Ponniah 2001, p.49). Users can therefore comfortably use queries to look for kind of information they want at any time. SAP R/3 Overview SAP is an example of Enterprise Resource Planning (ERP). SAP R/3 is a business solution which has transformed the manner in which modern organization carry out their businesses. SAP R/3 is a solution which facilitates the integration of an organization’s departmental functions to a single computer unit which can in turn serve all available computers in different departments within an organization (Leon 2007, p. 90). SAP solutions can help integrate operations in the Human resources, Finance, Manufacturing, warehousing and all the other departments in an organization (Leon 2007, p. 91). The SAP solution involves the use of a packaged program or software which has been tailored for an organization and its modules facilitate interfacing with the organizations own program with less complexity. Depending on an organization’s needs, SAP program modules can be altered by the use of vendors programming language or correct proprietary tools. We will write a custom Essay on SAP/R3 ERP specifically for you! Get your first paper with 15% OFF Learn More Because of its integration ability with other programs, The SAP provides a centralized database to cover all the organizations departments facilitating easier sharing of information and communication within the departments in an organization. The benefits of using an ERP solution in a corporate entity are numerous. An ERP solution like SAP helps in facilitating faster processing of information thereby reducing paperwork operations; SAP functions in a simple way (DWAA, 2006). It has some internal embedded controls in its operations. With internal checks and controls, SAP solution makes the preparation of accounts and other financial documents easier and fast. It is very simple to generate account statements at the end of every accounting period. A SAP solution has features that enable it to support various languages and currencies (Williams 2008, p. 3). Further, SAP systems or solutions are tailored in a way that it supports international accounting and reporting standards e.g. flexibility to accommodate currency conversions, broad accounting standards and languages (Williams, 2008, p. 23). Financial SAP has various features and functions that enable organization achieve its financial management goals (Sap: Australia and New Zealand, 2010). Conclusively, SAP helps organizations to have an upper hand over their competitors by enabling fast adaptation to changes in the market and business environment. In the human resource department, SAP ensures that there is a continuous flow of Information related to an organization’s personnel. When such information is received by the HR department, it facilitates employee evaluations and manpower planning (Portougal, 2006, p. 132). Human resource related evaluations help organizations in establishing skill and knowledge needs as well as attitude related gaps or issues that have to be addressed. The collection of such information is important for employees as it is instrumentally applied to encourage improvement of working conditions within the organization (Portougal, 2006, p. 167). However the disadvantage of the SAP R/3 solution is that it requires large volumes and high investments in terms of money and time. Not sure if you can write a paper on SAP/R3 ERP by yourself? We can help you for only $16.05 $11/page Learn More Companies using SAP R/3 solutions TransAlta is a wholesale marketing and power generating company. It has 49 facilities based in Australia, Canada, USA and Mexico (Transalta, 2010). Prior to introduction of SAP solution, the TransAlta Company was using Reliability Centered Maintenance this solution was localized at different locations by the use of point solution. TransAlta wanted an Enterprise-wide system which would offer strategy development and provide understanding of vital assets, monitor overall risk in the organization and give optimized operations concerning maintenance costs. The implementation of the SAP solution involved integrating the existing Reliability Centered Maintenance (RCM) to facilitate wide accessibility (Transalta, 2010). The RCM enabled creation of a central database for all RCM that can be standardized across a uniformed platform hence providing optimized maintenance. The implementation of the solution has enhanced success in fleet management because information is dispersed a centralized depository allowing easier communication and accessibility. The RCM solution has motivated staff to work everyday in SAP and thus the company can push the RCM methodology and cultivate it deeper within the organization. Cole Meyers is a private sector company which is located In Australia. It has over 160,000 employees in its distributed branches (Turner, 2002). Cole Myer has invested heavily in IT services and has been known to purchase large IT services and Software solutions in order to remain relevant in current competitive business world. Coles Myers worked closely with PricewaterhouseCoopers to deploy SAP solution in its Business operations. Cole Myer business was already automated with industry based bar-coding technology for inventory management and stock control. Cole Meyer needed a solution which would help them handle and manage their financial flow. The Company felt confident in fully integrating SAP solution into their financial management. The implementation of SAP took two years and it was broken down into manageable phases to facilitate concise performance (Turner, 2002). The Supply Chain Visibility was followed and this enabled members to monitor what other members did in a real time. The Supply Chain Visibility also provided a mechanism in real time notifying a problem elsewhere within supply chain that would have effect on them. Although the management and the board were apprehensive about the solution, they later came to analyze its effectiveness noticing how it lowered down costs and time thus enabling timely production of reports in real time. The Australian post is a postal company located in Australia. Through their products, people and services they provide, the Australian post has remarkably facilitated life and business growth across Australia and the world. The Implementation of the SAP solution in the company involved a number of things. It involved ERP system upgrades to meet the standard required for the new technology, there was hardware upgrade to have a new operational environment; IBM P- series hardware’s were purchased (The Australian, 2010). SAP Financial management application was implemented and supported 35,000 employees and additional 860 personnel in the IT department. The company felt confident in relying on the software giant because of the reputation and efficiency. Conclusion Integration of business processes is the central aim or goal that guides towards adoption of data warehousing. Organizations benefit a lot from adopting data warehousing. By keeping or storing information in a central data base, information access and retrieval about any aspect of the organization is made easy. The access to one central pool of information leads towards informed decision making. Therefore, Data warehousing facilitates towards better decision making in organizations. The SAP solution, which is an ERP solution, has been applied in many organizations around the world and the results have been rewarding. This solution simplifies an organization’s data warehousing efforts. References DWAA, 2006, Improving Data Quality for Enhanced Business Performance. Web. Leon, A., 2007, Enterprise Resource Planning, McGraw-Hill, New York. Ponniah, P., 2001, Data Warehousing Fundamentals: a Comprehensive Guide for IT Professionals, John Wiley and Sons, New York. Portougal, V., Sundaram, D., 2006, Business Processes: Operational Solutions for SAP Implementation, Idea Group Inc (IGI), Pennsylvania. Sap: Australia and New Zealand, 2010. Web. The Australian, 2010, Australian IT. Web. Transalta, 2010, TransAlta Case Study. Web. Turner, A., 2002, Coles Myer- the Sharing, Caring Approach. Web. Williams, G., C., 2008, Implementing SAP ERP Sales