Accounting Business Plans Samples For Students

Background Information and Introduction:

This Global Accountancy firm is involved in the provision of accounting, auditing, tax consultancy as well as financial management services to small scale and medium scale enterprises in the region. The headquarters of this firm are located at Ney York City. The firm is a registered and recognized by the law according to the Companies Act. The firm is also authorized the Association of Chartered Accountants to conduct its operations of auditing and accounting since it consists of highly trained staff. The company is therefore is therefore a separate legal entity recognized by law.
The main activity the firm engages ...

LIFO and FIFO Inventory Method:

FIFO and LIFO Methods are Inventory Accounting Methods used to calculate the amount of money an entity has tied up in its Inventory. While under FIFO method, stock purchased first is sold first, while under LIFO Method stock purchased recently is sold first. Following are some advantges and disadvantages of these two inventory calculation method:

Advantages of LIFO Method:

- Since, under LIFO method, cost of material sold is taken to be cost of most recent inventory purchased, it reflects the current market price. Thus, this methods relates the book of accounts to the recent trend of market price of materials and ensures ...

The Personal Marketing Plan has been seen as an effective tool to market oneself (Lawton, 1999). The marketing plan developed by me would serve a similar purpose towards effectively marketing me in the professional field of Finance and accountancy.
- Overview of the Company
The company, i.e. myself is a highly motivated and focused individual who is currently pursuing his graduation and majoring in Accounting. I am an optimistic and ambitious young person. My core values which serve as the foundation on which I intend to build my career is to be professional while demonstrating integrity, humility, confidence, kindness ...

The American Institute of Certified Public Accountants (AICPA), as the name suggests, is a professional organization that governs professional accountants. In general, these accountants are referred to Certified Public Accountants or CPAs. AICPA is said to have over 350,000 members all spread over a wide range of institutions, companies, organizations and countries. It is estimated that AICPA is operational in over 125 countries and its main task is to impose standards and ethics in financial reporting. In particular, the institute is concerned with professional conduct when performing audits of commercial organization, governments (local, state and federal) and nongovernmental organization (NGOs). ...

Executive Summary

Safe Haven, the Center of Independent Living for Elderly will be located in Nevada, MO (Missouri) with population of about 8,600 people. The Center of Independent Living for Elderly offers various services for elderly people including medical care, dietary control, coordinated physical and mental activity. The mission of Safe Haven is to provide excellent services at a reasonable price to serve the community retirees and people with disabilities. Our ideal customers are elderly people aged 65 and elder. Potential clients are people at the age from 55 to 64. We will have excellent opportunities to develop our business in ...

GUARDIAN ANGELS FASHIONS

Executive Summary
Guardian Angels Fashions is a modern clothing retail outlet that deals with youths’ attire. This retail outlet will deal with the upcoming youth fashions, and thus this will make it fulfill the uniqueness criterion. The target customers for Guardian Angels Fashions are the youths who dominate in the society. Youths value the upcoming fashions in the clothing industry, and thus this retail outlet aims to utilize this opportunity by providing these basic commodities to them at pocket friendly prices. Over the next four years, Guardian Angels Fashions outlet aims to expand its operations up to the national ...

Introduction

I am a strong adherent to the idea provided in the task, because I really think that, unfortunately, we – students – do not have enough time to devote it to our favorite interests. Still, if we ponder over more globally, we will actually observe that the opportunity of establishing our own work is persistently walking around each of us. I guess, everyone has always thought of mixing business with pleasure.
Well, business plan is the thing that combines both expectations from presenting business and telling your wonderful ideas to your presumed investors. According to this, we are going to talk ...

6C1-KCN Audit Plan

Business and Industry Conditions
Keystone Computer Network (KCN) provides sales and services of microcomputers, software and hardware networking to customers. The industry in which the firm operates is considered as sensitive to the economic environment and highly competitive in nature, with competitors larger than KCN itself. The long-term strategic success of KCN is dependent on the retention and ability to attract qualified and competent information technology (IT) professionals. The annual growth for IT products in the next three years regarding expenditures is anticipated to be 6 percent.

Planning Meetings

The purpose of this section is to indicate the established meetings with ...

Business Plan - Construction Plan

Business Plan - Construction Plan

Introduction

This report presents a business plan for a construction company. The report includes a description of the business type, products and services involved and the chart of accounts, which will be used while keeping in view the nature and requirements of business activities. In addition to this, a discussion pertaining to the applicable financial reporting framework and the pro forma financial statements have also been presented, which include the balance sheet and income statement of the proposed business. Apart from this, the report also takes into account the internal control procedures, which will be in place to ensure ...

Competition Bikes Inc. Storyline

Horizontal Analysis
In horizontal analysis, analyses of the performance of the company over a given duration of time is done. The intent of this paper is to analyze Competition bike's performance in the given period by using various methods. From the analysis of the financial statements of Competition Bikes Inc, there is a commendable performance in the company. Although there is a decrease in sales in the year 7 and the year 8 of 15 percent, a rise in the net sales is observed in the year 6 and 7, with an increase of 33 percent. This reduction in sales in the ...

Business proposal for a company

COVER LETTER

Marketing Director
3100 Willingdon Avenue

Burnaby, BC V4K 3H2

Phone (604) 260- 5441
E-mail:
We as a company are very delighted for having considered us to be you marketing team. One of the things that we identify ourselves with is digitalization and innovation of new and modern ways for advertisement. We have a well-organized team consisting of five members all of four professionals committed to advancing marketing and advertisement.
Over the years we have been able to do marketing to various companies dealing with therapeutic products and the result has always been good. Our company has also been in the forefront ...

Introduction

The Pump NAB Company aims at providing alternative drinks that do not contain the alcoholic content. Due to health complications, some consumers have shifted their drinking habits to non-alcoholic beverages (Ashurst, 2016). Therefore, the Pump NAB Company has staged its operations to fill this gap in the market. This business plan has four main sections in which the first section introduces the business plan and its structure. The second section provides a detailed operational plan. The operational plan discusses the key aspects of operations, cost and time efficiencies, competitive advantages, problems addressed and their outcomes. The third section provides ...

Introduction

The corporate sector has been adversely affected by the recent economic downturn. The changing economic settings have led to the need to deviate from the traditional American sense odd responsibility and fairness. Many companies are resorting to new ways of operating their businesses. Business structures are also evolving into more flexible and performance inclined systems. Many organizations are seeking to adopt a corporate structure that would maximize organizational performance and be fair to all stakeholders. The issue of corporate responsibility has also taken center stage in the recent years are organizations seek to participate in activities that promote social and ...

This paper seeks to discuss various aspects of a business. The paper first discusses various pros and cons of a partnership form of business. It then goes on to list various methods that can be employed for financing a business. This is followed by discussing various components of the process of marketing and the role of social responsibility and technology in marketing.

PROS AND CONS OF A PARTNERSHIP

Depending upon the involved circumstances and various other business considerations, business partnerships can prove either good or bad. Following are some pros and cons of business partnerships (Rhonda, 2003):
Pros

Shared Cost- One of the biggest advantages of a ...

Introduction & Brief Description of Business

Entrepreneurship allows for the opening of new businesses bringing about jobs for the people in a community and revenue that benefits not only the business but also taxes for the city and the state. Entrepreneurs usually take advantage of processes to enable their success in business to include lean experimentation that allows for the resolution of risks speedily and with minimum resources thereby allowing for testing of a business model; the enactment of investing which permits the entrepreneur to confront risks in order of importance thereby having the ability to use only the resources that are needed to meet ...

- Executive Summary
The current business plan presents a business idea of a publishing company Galactica Publishing. The company is involved in production of electronic books of entertaining content. The company pursues the following goals: to grow social media presence, to become more user-friendly, to double website traffic, and to double revenue. The management of the company plans to use social media and other modern means of information and communication technologies to promote the products of the company. The detailed description of marketing the products of Galactica Publishing is proposed in the paper. At the present time, Galactica Publishing is a ...

This Business plan is designed to setup fashion garments manufacturing and retail business in the city of Milan, Italy. The target market would be people within the age bracket of 13-49 and fashion conscious customers. The unique selling point will be attractive designs, quality, embroidery, fabric and sizes. The company will open two retail outlets in the city and arrange agreements with three leading departmental stores for the purpose of sale (Businessoffashions, 2007).
The designs, fabric and quality will clearly differentiate our product from its competitors. To adequately cater to the needs of the customers, the market is ...

Executive Summary

Achievers Company is an incorporated company certified by the national project and management contractors’ board to provide project management consultancy services in local and international markets. Our mission is to provide unprecedented services to our clients by assessing the shortest and cost-effective time to complete the project. Our vision is to be the world’s leading project managers and consultant in Telecommunication industry.

Company Description

Our core objective is to assist private companies and parastatals to upgrade their telecommunications systems with intent to enhance efficiency and effectiveness in data and communication system within e and beyond the company. We are credited ...

My business consists of printing t-shirts with various slogans and designs. The slogans as well as the designs are created by me. It is one form of art which includes t shirt painting as well as printing. The t shirts, once printed are then sold to retailers and they place the order for the most sold out t shirts. I create different designs and get them printed. I also sell them online via social networking sites which consists of uploading the pictures on the page and then sending them to the customers through couriers. The t shirts are my ...

BUSINESS PLAN FOR ELECTRONIC MEDICAL RECORD

A good business plan should have a summary of what the project is to entail (Betkoski et al, 2000). The project is about electronic medical records (EMR) to be used in healthcare organizations or institutions. The EMR is a forefront of innovation in healthcare and is currently being mandated by the Affordable Healthcare Act. The establishment of healthcare institutions and organizations is on the rise. That has made healthcare to be a growing business. The success of the healthcare business will be based upon the ability to be affordable, ability to upgrade without making major components change and provide multiple layers of ...

Break-even point can be defined as the financial point/position where the costs used to produce a certain product equals the revenue it generates. At this point, the respective firm will have not received any profit or loss (Eddie, 2009).

Mathematically this can be represented by:

TC=TR

Where:

• TC is Total Cost
• TR is Total Revenue

When a firm realizes its break-even point, it ought to assess if it will be possible to produce more quantities or not. If it can then they would be better off but if it can’t then they will have to reduce the fixed costs, variable ...

Introduction

The paper comprises of various tools to analyze the financial statement of Walmart that operates in the global environment. The financial statement analysis is not limited to horizontal, but it also includes ratio analysis to determine the stability, profitability, and performance of a company. The data is collected from annual reports of the company and recommendations are provided that help in understanding the actual financial position of the company. The core objective of the paper is to provide a clear view to the users of financial statements that also helps an investor in decision making.

Company Overview

Walmart is an American ...

[Class Title]

Introduction
This paper would like to discuss Ryanair’s business strategy and how it is linked with the company’s financial accountability. As stated by Friedman, a business’s primary accountability is to increase its profit. Apparently, financial accountability does not only relate to providing accurate reports and financial statements to avoid fraud. An equally important concept of financial accountability is on how it relates to managing company resources, expanding on strengths and how it effectively uses accounting tools to develop strategies that would provide economic benefit for the company. However, economic forces can sometimes become confusing. ...

Executive Summary

This report begins with company’s mission statement and brief introduction. It proceeds to presenting a detailed branding, pricing and distribution plans. The major competitors of the company are categorized in inter- and intra-competitors and their strengths and weaknesses are highlighted. The differentiation strategy in relation to closest competitor is also presented in this paper. StarTech is presented as struggling to become market leader. The salient issues pertaining to macro-economic issues are also presented in this report. Three main market trends are mentioned in this paper as technology, status symbol and fashion. The marketing implementation strategy, for StarTech’s new ...

Marginal Costing

Marginal costing is used by managers to make decisions in the short-term when costs are fixed and variable. In the long-run, all costs are variable and hence no application of marginal costing. Variable costs are those that change proportionately with change in production. They include costs like electricity, labor and raw materials. Fixed costs are those that remain constant irrespective of the level of production. An example of fixed cost is rental charges. Marginal costing is very useful in managerial decision making process as it is used to ascertain the level of sales, costs and profits in the business. ...

[Your Full Name without titles like Dr. or degrees like PhD.]
[Your University/College Name]

Palace Theatre

Frostburg Palace Theatre is a non-profit organization. The movies shown here are mainly the classic, foreign films, independent and documentaries as well as used for holding various charitable events and shows.
Frostburg Palace Theatre is located in Frostburg, 31 East main street. The theatre was started as a non-profit organization in 1985 after threats to close. The residents had to come up with a method of how to save the building and the method was the starting of a theatre house where the members of the society ...

[Author’s name]

Introduction

The organizations and institutions play a crucial role in the economic growth process directly and indirectly. Numbers of economists have been traditionally concerned with determining and studying the factors that enhance the economic growth process (Lewis, 2011). Through the economic growth process, the rate of unemployment is reduced, increase in goods and services are supplied to economy and social welfare of country is improved. These all activities are provided to company by the organizations. Numerous researches have stressed the relevance of the role of organizations in supplying the necessary resources to increase such economic growth. This helps ...

Part C

Question 1
Summary of financial position/net worth
Summary of financial position/net worth
*Home Contents

Question 2 - Part A

*1.5% of taxable income
**Interest is subject to 10% tax rate in Australia
According do Australian tax legislation Australian residents are subject to individual income tax. As Tony’s annual salary is $115,000, he is due to pay $17,547 plus 37c for each $1 over $80,000 for the group of tax payers having income between $80,001 and $180,000. By analogy, tax duties can be calculated for Clare. She receives annual payments of $80,000, thus ...

The organizations procedure for job costing will follow a predetermined process to ensure efficiency and timeliness.

The initial process in the job costing procedure will be the identification of the levels of directs costs that are attributable to a particular project. The procedure will involve making actual records of the estimated labor and direct materials costs.
In costing the direct labor used by the business for a particular project or for a particular period, the business will make estimations on all the associated costs of labor and prepare a labor projection sheet. This will be used as a benchmark upon which actual costs incurred will be compared. The recording of the actual costs incurred by the business relating to ...

Background Information and Statement of Need

XY organization has been one of the leading project Management firms for a very long period of time. The organization has several departments which need to be in constant communication all the time. The organization uses Microsoft outlook 2003 for handling communication activities within the organization. Microsoft Outlook is a personal information Manager that is mainly used for handling e-mails. However, it can also be used as a stand alone application and can work with Microsoft Exchange Server for sharing information. The version of Microsoft Outlook (MS Outlook 2003) used by the organization is outdated and needs to be upgraded to a more ...

Acconting And Financial Plan For Magical Health Goodies

DESCRIPTION OF BUSINESS

Objective of Business

• To offer baked cookies, pastries and cakes that are low in calories
• To offer customized bakeries as per specific customer preferences and desire.

Employees Hired

At the initial stages of the business, only one employee will be hired. This employee will act as a personal assistant to the sole-proprietor of the business. The employee will assist in taking orders, delivering them and managing the business.

The decision to hire one employee is advantageous to the business as it ensures that at the early stages of the business the amount allocated ...

Executive Summary

The paper represents the business plan of an innovative idea that is to introduce training facility center in Florida. There is high scope in the market due to the availability of a large number of cops. The training center will provide all the related facilities to the individuals that can be availed in the training centers. It is the new concept to provide a platform to the trainees for their self-practice. Effective marketing strategies are required to attract customers towards this new center. Sales strategy is prepared that is to provide membership by paying off a subscription fee once. ...

Executive summary.4

THE TEAM..4

MANAGEMENT TEAM PROFILE AND OWNERSHIP STRUCTURE4

ADVISORS.5
PROFESSIONAL SERVICES5
HUMAN RESOURCE REQUIREMENT.5-6
THE BUSINESS ENVIRONMENT6
BUSINESS SUMMARY AND HISTORY..6

INDUSTRY OVERVIEW6

Consumer trend 6
Seasonal factors6
POSITION IN THE INDUSTRY.6-7
Legal issues.7
Competition7
Use of technology7
THE MARKETING PLAN.7
TARGET MARKET7
The competition 7
SERVICES.8
PRICING STRATEGY8
SALES/DISTRIBUTION PLAN8
Credit term and guarantees..8
ADVERTISISNG/PROMOTIONS PLAN..8

Public relations.9

FINANCE.9
INCOME STATEMENT9
CASHFLOW STATEMENT.9-10
BALANCE SHEET10
RISKS AND CONCLUSIONS10-11
Introduction/Executive Summary
The new generation clothes line is an organization which started as a small business venture by providing quality materials to both genders men and women. The business venture began as a small clothes stall with limited stock in ...

INTRODUCTION

As everyone is aware, the entertainment dollar expended on live theater is dwindling nationwide as people find more enjoyment in the electronic media. However, you will be pleased to note that the Regional Theater has been able to maintain a balanced spreadsheet. It is with great pride that we enter the year 2016 with a balanced if not strong bank balance.

Show 1 2015

The first performance of the year yielded very good box office draws but the second Spring show was marred by poor weather and kept many theater goers home. The second performance could most likely be presented again next ...

Proposal on Implementation of Microsoft Project in Project Management

As the global business is undergoing a period of growth and technological development, there is a need for specialized planning of projects. Courses on project management are being offered in different colleges and higher institutions to equip learners with adequate professionalism. The course provides the students with not only human resource management skills and resource allocation expertise, but also smooth coordination of firm’s daily operations. The proposal tries to justify the implementation of a Microsoft project in the project management course for new learners.
Microsoft project is project management software that has a collection of tools that help ...

Business Scheme

New Fashion was started as a California C-corporation with main workplaces location in San Diego, CA all the operation in the company from marketing techniques to organization, occur at leased office place of around 500 square feet.
We as a cloth manufacturer always work harder to provide the customer with the last fashion based on style and quality, the message for our company is to be classy, multilateral and expensive quality clothing, the organization strategy is to develop and great market for the new collection of our product and make a brand awareness, so the company aim in the ...

Executive Summary

ProService Company LLC will operate in Tysons, VA to provide high-quality services for Washington D.C., Maryland and Northern Virginia (DMV) area. Company’s Address is 1800 Spring Hill Rd. Suite 310 Tysons, VA 22812.

A2. Mission of the Company:

The mission defines the essence of the organization and consolidates staff around this idea. We can even talk about some programming the staff to achieve and implement this idea. The mission of ProService Company LLC is to provide our clients with excellent means of modern, simple and reliable resources of global computerization. We also tend to solve the unsolved problems innovatively.

A3. Business Goals:

The company’s goals ...

Executive Summary

This report shows the purported business plan of Nerd Patrol, a partnership business formed by three friends- John, Mary and Nabil. The business will be on hardware and software services, debugging, networking and franchise sales. The strategy to be adopted by the company would be using innovativeness in creating top quality for clients. Financial discipline would be adhered to. The long term goal of the business is to grow and start manufacturing innovative hardware components and software programming. Each role of active and passive managers is spelt out in this report. Employees would constitute of four units – computer engineers, marketing ...

- Return on investment commonly referred to as ROI is a profitability ratio that determines how much an investor or a company gets form an investment. In this case, it is calculated through use of net profits form the production process and the cost of investment.

=1,005,000/5,000,000=20.1%
- Just-in-time purchasing advocates zero inventories and stock less production within an organization through just in time purchasing and production. The objective is to purchase goods so that stocks are delivered immediately before the production process starts. As such, the method calls for strong supplier relationships to ensure that the ...

Executive Summary

Pet Store will enhance the quality of life of the pets by offering them the food and care services of heath, which are best in the business. All the care plans will be custom made, according to the requirements and needs of the clients. Our home care aides, and companions are trained to provide pets care and assistance with the activities of daily living.
The prime attraction of our service is that we will be reaching out to pet owners, facilitating our customers at the outdoor parts in Aberdeen where pet-owners need us the most; thus adding value ...

Final Plan

Introduction
Accounting and finance always define somewhat different things in total because the applicability of the same could not be matched with any other thing. Accounting is the name of recording and interpreting the data from different standpoints and there are numerous things that come under the ambit of the same. On the other hand, finance is the name of utilizing the money and funds of the company at a place from where the likelihood of earning would be on a higher scale.
In a broad nutshell, both of these things are quite effective and important to watch. Industrial analysis ...

Business Plan

[Author’s name]
- Risk Profile of the Company

Business risk:

Risk is an element which is always present in the business which ultimately results in loss of company’s investment. This is a risk of exposure in the bottom lines of business. However, there are certain risks that found in business which are categorized under the following captions. There is a chance that ABC Company will have a significant amount of association of the business based risk. This particular risk is all about inventory management which is used in making cedar roofing and siding shingles. It may happen that, the company will ...

24 Hour Convenience for You (Business Plan)
- Company Description
24 Hour Convenience for You is a convenience store located near a block of newly developed gated community residential area that is designed mainly for young urban professionals with young families. Near it there are also offices for various companies and there is also a sub way station next to the offices.
This is a startup venture which is co-owned by a couple Mary and Patrick Adamson, Mary was a manager a large department store who brings into the venture a wealth of planning and managerial skills while Patrick is a Certified Public Accountant who ...

Executive Summary

1.1 Objectives
- Become an established medical billing institution within the first six months of operation.
- Increase the number of clients by 30% per year
- Develop an enterprise that survives off its own cash flow
1.2 Mission
Physician Assistant Medical Billing’s mission is to provide high quality services in health insurance claims to clients. The firm hopes to attract new customers and retain their loyalty through efficient provision of services. The firm’s main goal is to achieve customer satisfaction and expansion of services. The management team seeks to utilize all ...

Introduction

Apple Inc. is a corporation that was started by Steve Jobs and Steven Wozniak who were friends in high school. Through innovation by Wozniac and push from Jobs, they sold the first Apple 1 on April 1 1976. However, the company took off in 1977 when the Apple 11 was introduced into the trade show then after its incorporation on January 3 1977 in California. The company has grown in size, technology, modernization and has spread its products all over the world over the many years since its introduction. Some of its current products include the I Pad, I Mac, ...

- Executive Summary
Modern Hotel and Restaurant will be set up as a limited company in Calgary City Canada due to the City’s huge population that can sustain business operations. The business, will provide accommodation service as well as food and beverages within the restaurant and outside the restaurant through a mobile van that will deliver foods and drinks to the customers who cannot reach the restaurant. The businesses target markets comprise of the Calgary City visitors for accommodation while the restaurant foods and beverages focuses on the youthful segment aged between 25 and 35 years and an old ...

Abstract

Partnership is a means of forming businesses where two or more people join their resources in order to pursue a common goal.Partnerships have many pros and cons in the way they are formed and how they operate.When starting a small business there are several ways to consider as sources of funding.These include personal savings,borrowing from friends and family,bank loans and angles.Marketing of company’s products is important in order to create awareness to target customers and to pursued them to purchase.The components to consider when marketing are product,price,place and promotion.When marketing, technology and social responsibility are used to ...

BUSINESS PLAN

Statement of Intent
The spot, youth academy seeks loan totalling to: $
These funds will be utilized in purchasing office equipments and other necessary supplies, offset the cost of leasing and constructing the building to house the academy at Corporate Drive off Fayetteville road, Lumberton. In addition, the loan will also be used to financing the cost of enclosing the play space and provide adequate working capital and sufficient cash reserves for the expansion of the childcare centre. The sum, together with an additional $5,000 cash investment by the principals, will transition through the expansion phase so ...

Abstract

E-commerce is an important instrument in most businesses today. E-commerce is utilized by these businesses to either sell their products and services, acquire product and services or to advertise them together with some other customer feed backing. Only a small percentage of businesses are still engage in a complete “brick and mortar” type of business. However, some have introduced the use of technology and e-commerce in their businesses but have not utilized its full potential to the company’s advantage. One such company is the Hampton Inn Jacksonville. This paper gives explores the possibility of employing a business model for the inn ...

Breakeven point

The Veils & Tails Bridal is convinced that it will attain the breakeven point at a point when the 2,750,947 units are sold. This inference is the product of the breakeven formula that holds that unit volume will at all times equal the fixed cost divided by price less variable unit per unit cost. As well, this conclusion is arrived based on the formula that the organization’s breakeven point is obtained by obtaining the product of its fixed cost and sales divided by the value of sales for the period less variable costs incurred.
As per ...

Introduction

Business connectivity is very essential in the globalised world. Productivity is increased in any business where computers and hence users are connected through a network that is much easier and secure. Some of the benefits realized through connectivity are the ability to share information with different users who are geographically dispersed amongst different locations. File sharing as well as instant messaging is made possible through connectivity. These desires are what drive Acme manufacturing to venture into the networked environment. Acme manufacturing has branches in most parts of the united stated as well as new branch I china. It is essential ...