Data in Consulting: Paralegal Pros, Inc.Although not as successful as hoped but more successful than realistically expected, Paralegal Pros, Inc. (hereinafter alternatively the company) has managed to move into phase two of its project plan, hiring two part-time certified paralegals and assigning them to their respective areas of specialty (i.e., bankruptcy and immigration) as consultants for local law firms. The purpose of this paper is to continue with the ongoing Paralegal Pros, Inc. consulting project, describing the type of data that will be relevant the phase two as well as succeeding phases. In addition, an explanation concerning the most effective strategies that can be used to obtain relevant data for this purpose is followed by an explanation concerning how the data will be organized. Finally, the paper presents a summary of the status of the ongoing paralegal consultancy project plan in the conclusion.Description of the type of data that will…...
mlaReferences
Bhardwaj, S. (2022). Data Analytics in Small and Medium Enterprises (SME): A Systematic Review and Future Research Directions. Information Resources Management Journal, 35(2), 1–18.
Fazal, S. A., Al Mamun, A., Ahmad, G. B., & Al-Shami, S. S. A. (2022). Entrepreneurial Competencies and Microenterprises Sustainability. Vision, 26(1), 39–47
Lányi, B., Hornyák, M., & Kruzslicz, F. (2021). The effect of online activity on SMEs’ competitiveness. Competitiveness Review, 31(3), 477–496.
Small-Business Marketing Strategy
Small business
Derrick Fine Foods were established in 2001 by Derrick John with the San Francisco store being the first, followed by New York branch and the Tennessee. DFF deals in various consumables hence has the bakery department, meats department, produce section, cheese and dairy section as well as wine section. This gives it a wide coverage in terms of the edibles that may be needed on a daily basis by the clients that visit their stores.
There are various reasons that informed the location of the three branches at the regions they are at. San Francisco was identified and preferred for the first store after a thorough needs assessment that was carried out by Derrick hence indicating that a gourmet store was needed in the region. The most important factor was the population of San Francisco which was 60,000 on average at the time and was growing steadily at…...
mlaReferences
Federal Business Opportunities, (2012). Home. Retrieved September 17, 2012 from https://www.fbo.gov/
Federal Register, (2012). Today's Issue of the Federal Register. Retrieved September 17, 2012 from http://www.gpo.gov/fdsys/browse/collection.action?collectionCode=FR&browsePath=2012&isCollapsed=true&leafLevelBrowse=false&ycord=0
US Small Business Administration, (2012). SBA Direct: Find What Matters to You. Retrieved September 17, 2012 from http://www.sba.gov/
Federal Procurement Data System, (2012). Federal Procurement Report. Retrieved September 17, 2012 from https://www.fpds.gov/fpdsng_cms/index.php/reports
Small Business Strategy
Small Business Marketing Strategy
A television commercials business
The small business will be termed as a television commercials business. The business involves marketing of products and services that include television gadgets, programs, hardware, software, and services related with television services. The small business will start operations as a small entrepreneur that accommodates and sells small and support gadgets that are related to television services in town. The objective of the business is to be a global force in provision and sell of television brands in the years to come. The business thrives in the motive of becoming one of suppliers and repairers of television materials in the region. The business has been established on the notion that there are many services and materials that can be provided to people with opportunities being utilized. As part of the objectives of business, services offered will have to meet the tastes and preferences…...
mlaReferences
Cronin-Gilmore, J. (2010). Small business marketing strategy: Exploring marketing strategies for small businesses in the United States. Saarbru-cken: VDM Verlag Dr.
Mu-ller.
Debelak, D. (2000). Streetwise marketing plan: Winning strategies for every small business.
Holbrook, Mass: Adams Media.
The first segment is represented by other teenagers. They are most likely to want to buy products that have a social impact, such as t-shirts or mugs with photos of teenager activities. At the same time, they are also the greatest consumers of Internet products, so disseminating the product in an online environment, not only through Snappysnaps, but also through its own website.
The only potentially negative aspect of this fact is the idea that this category of consumers does not have a discretionary income, but is rather constrained by what money their parents are offering them. Another potentially negative element to be considered is the fact that the product competes with other teenage products with social impact.
A distinct other group of consumers are the teenagers' parents, from two different perspectives. First, they are likely to encourage an activity for the teenagers such as this business is. Second, they could…...
Small Business
Taking a small clothing store to the online world is a bold proposition. There are a few strengths that this store can draw upon to help it succeed. The first is the name recognition of the Jersey Shore -- people actually know where it is now and that will help the store by putting it into some context. (e will assume that the context is good, at least for our target market). Another strength is that rent in the area is relatively low, compared with larger urban centers along the Atlantic Seaboard. This means that the store has room to expand once sales exceed the capacity of the existing premises. That said, there are a few weaknesses. The store is small, and therefore has no brand name of its own. For people to buy from the store, they must first reach the website and that will not happen without…...
mlaWorks Cited:
Das, R. (2011). Identity theft in e-commerce. Technology Executives Club. Retrieved October 21, 2011 from http://www.technologyexecutivesclub.com/Articles/security/identifytheft.php
Martin, M. (2011). Costs of starting on online retail business. Startup Nation. Retrieved October 21, 2011 from http://www.startupnation.com/business-articles/1227/1/AT_Costs-Starting-Online-Retail-Business.asp
No author. (2011). Trio of big retailers divorce Amazon marketplace. E-Commerce News. Retrieved October 21, 2011 from http://ecommercejunkie.com/2011/02/08/trio-of-big-retailers-divorce-amazon-marketplace/
Slater, D. (2011). Retail security: Critical strategies. CSO Online. Retrieved October 21, 2011 from http://www.csoonline.com/article/600931/retail-security-critical-strategies
Through these websites, the company could also stress that its services would be recognized worldwide and the U.S. would improve its standing in the world community relating to this subject and therefore gain the respect of other countries.
With regards to utilizing edBizOpps, the company must also be aware of the services that this websites provides, and utilize what it needs only. or instance, the website is very useful for marketing activities, due to the fact that it would provide both opportunities, and allow other to seek for opportunities provided, such as those by Enviro LTD. According to the website, in the Buyers/Engineers section, "Government users may post, manage, and award opportunities."
In the Vendors/Citizens section, furthermore, it states, "Vendors and citizens may search, monitor, and retrieve opportunities."
In this latter section, one can preview, at no cost, various opportunities and sign up. When signing up, one can include, in addition to…...
mlaFrequently Asked Questions about Government Contracting. (2011). Small Business Notes. Retrieved November 13, 2011, from < http://www.smallbusinessnotes.com/starting-a-business/frequently-asked-question-about-government-contracting.html#b >.
FedBizOpps. (2011). FedBizOpps.gov. Retrieved November 13, 2011, from < https://www.fbo.gov/ >.
FedBizOpps. (2011). FedBizOpps.gov. Retrieved November 13, 2011, from <
Small Business Plan
A Business Plan for the Reorganization of a Small Restaurant
Company Overview & Strategy
Revised Statement of Mission and Vision
Mission Statement
Vision Statement
Product and Service
Marketing
Macro Environment
Target Market & Customers
Facilities
Business Performance Analysis
Strengths
eaknesses
Opportunities
Threats
PESTEL Analysis
Political
Economic
Social
Technological
Environmental Factors
Legal Factors
Financial Projections
Risk Analysis
Action Plan
The Hometown Grill is considering making changes to its menu to become both healthier and more sustainable. Several lines of investigations were conducted including an industry overview analysis, a PESTEL analysis, as well as a SOT analysis. It is recommended that the Hometown Grill continue with its inquiry and begin integrating changes such as localizing its supply chain and redesigning its menu items.
Company Overview & Strategy
This business proposal has been prepared for a locally owned and family operated restaurant known as the Hometown Grill. The restaurant has been in business for over seventy years and little of the operating model has changed. The menu offered has also stayed roughly as well and consists of a…...
mlaWorks Cited
Bawden, T., 2011. Real household disposable income falls for the first time in 30 years. [Online]
Available at: [Accessed 11 February 2013].http://www.guardian.co.uk/uk/2011/mar/29/real-incomes-fall-30-years
Lascelles, D., N.d.. How Supply Chains Create Shareholder Value. [Online]
Available at: http://www.scp-uk.co.uk/pdf/strategy.pdf
Venture capital is the money that businesses get from investors to start or continue a business. Ironically the advantages of a business plan are also correlated with some of the disadvantages of a business plan.
For instance, a book entitled Under the adar: Starting Your Net Business without Venture Capital, Venture capitalists often find that many business plans are too optimistic (Kling 2001). The book asserts that,
Trying to obtain venture capital funding without a business plan is like trying to get into college without filling out an application. Ironically, however, even venture capitalists are skeptical about business plans. Any venture capitalist will tell you that a first-rate team with a second-rate business plan is preferable to a second-rate team with a first-rate business plan. In fact, when I listen to venture capitalists describe how they make their decisions, the process often sounds highly intuitive and almost romantic -- like the…...
mlaReferences
Writing the Plan. Small Business Administration.
Video Tape and Disc ental
entals
Catalog/Mail Order
etailing
Health and Personal Care Stores
etailing
Table 2: Comparisons of Most isky Small Business (BizStats.com, cited by Telberg, 2003)
An Engine of Economic Growth
More and more, Craig, Jackson and Thomson (2007) argue, policymakers perceive the small business sector "as a potential engine of economic growth. Policies to promote small businesses include tax relief, direct subsidies, and indirect subsidies through government lending programs." These authors stress that encouraging lending to small business purports the Small Business Administration's (SBA's) primary policy objective of the loan-guarantee program. In their study, Craig, Jackson and Thomson (2007) implement empirical research to focus on SBA-guaranteed lending, utilizing a panel data set of SBA-guaranteed loans, they assess whether SBA-guaranteed lending discernibly impacts local economic performance. Ultimately, these authors cautiously conclude that "There is a positive (although small) and significant relationship between the level of SBA-guaranteed lending in a local banking market and future per capita…...
mlaReferences
Authority, purpose and scope. (2002). EXTENSIONS of CREDIT by FEDERAL RESERVE BANKS (REGULATION a). Retrieved November 10, 2007, at http://www.questia.com/PM.qst?a=o&d=108945401 http://ecfr.gpoaccess.gov/cgi/t/text/text-idx?c=ecfr&sid=57016e116171461106934124459aa8aa&rgn=div5&view=text&node=1-2:2.0.1.1.1&idno=12#12:2.0.1.1.1.0.1.1
Bannock, G. (2005). The Economics and Management of Small Business: An International Perspective. New York: Routledge. Retrieved November 12, 2007, from Questia database: http://www.questia.com/PM.qst?a=o&d=108945415
Bielski, L. (2006). On the Hunt for the Meaningful Segment: With a Deluge of Customer Information to Choose from, Bankers Struggle to See Their Customers in More Refined, Specific Ways. ABA Banking Journal, 98(9), 45+. Retrieved November 12, 2007, from Questia database: http://www.questia.com/PM.qst?a=o&d=5017258794
Brew, J. (2007). Taxes: The Forgotten Piece of Bank Profits Investigating Two Overlooked Strategies Could Put You on Your Way to Cutting Taxes by Half. Got Your Attention?. ABA Banking Journal, 99(5), 22+. Retrieved November 12, 2007, from Questia database: http://www.questia.com/PM.qst?a=o&d=5020964964
Sage, who has seen how costly application customization can be, has created a series of template-based charts of accounts, with the last count indicating they had over 70 of Charts of Accounts that could be quickly used by customers to customize for their business. Sage has also seen that inordinate customization of software can lead to a lack of adoption; hence their motivation for creating a library that can easily be used by customers. As Peachtree suffered from an exceptionally bad reputation for usability in its first several product generations on the Microsoft Windows platform (Collins, 2006), Sage is attempting to overcome these limitations through intensive investment in ergonomics and usability. Adding to these efforts include the development of an Online Knowledgebase and Help Center, in addition to the development of AJAX-based microsites that interlink content together. All of these sources of data are in turn integrated via XML…...
mlaReferences
Bernoff, J., & Li, C.. (2008). Harnessing the Power of the Oh-So-Social Web. MIT Sloan Management Review, 49(3), 36-42.
J Carlton Collins. (2006). Small Business Software Grows Up. Journal of Accountancy, 201(3), 50
Yu Cong, & Hui Du. (2007). Welcome to the World of Web 2.0. The CPA Journal, 77(5), 6,8-10.
Michael Giardina. (2004). Buying Software: Look for What's Right, Not for What's 'Best'. The CPA Journal, 74(3), 10.
Small Business
The owner of a small business in today's world is troubled by so many problems as well as is encountered by many opportunities on a daily basis. When one has to run a company, no matter how big or small it might be, one needs to have the ability of looking outside the business for the solutions of the problems, for better ideas and for the best practices for the growth, expansion and success of the business. Nonetheless, some of the ideas that are given in the text books or the best practices for that matter should be studied carefully and critically before applying them to one's own business (Zahorsky, 2013).
This paper is based on an interview that I conducted with a 38-year-old lady who started her own small business back in the year 2011. She lives in Lahore, Pakistan and designs and makes ladies dresses on order. Since…...
Small business management principles are important considerations in relation to a landscaping or gardening business. Like other small businesses, an owner or manager of a landscaping business must have a clear understanding of entrepreneurialism, business plans, legal aspects of business in the United States, finance, and pricing. An understanding of these concepts can help the landscaping business owner overcome many of the potential setbacks of small business, and help them enjoy the rewards that come with running a small business.
Entrepreneurialism is an important concept for the manager of a small landscaping business to understand. The Global Entrepreneurship Institute defines entrepreneurialism as a person who wants to start his or her own business, as well as finding new opportunities for business and expansion at the same company. Some of the traits of entrepreneurialism include risk-taking, and personal management of that risk. Innovators, small business owners, and executives can be seen as…...
mlaWorks Cited
Business Town. WHY PLAN YOUR Business? 25 April 2004. http://www.businesstown.com/planning/creating-why2.asp
Find Law. Torts. http://sv.biz.findlaw.com/legal/tort.html
Global Entrepreneurship Institute. Entrepreneurship. 26 April 2004. http://www.gcase.org/gcase.org-Entrepreneurship.htm
McNamara, Carter. Legal Forms and Traditional Structures of U.S. Business Organizations. 25 April 2004. http://www.managementhelp.org/org_thry/forms.htm
Small Business Idea
hen starting a new company, there are a number of different forms the business can take. It is important to understand the differences between the forms, including their advantages and disadvantages. The main forms for a new small business are sole proprietorship, partnership, C-corporation and S-corporation. The small business that is being considered is a gourmet food truck that will sell the finest Southern barbeque. The truck will be mobile, selling at multiple locations around town. The truck will have a variety of menu items and will generally operate as any restaurant would with respect to the local regulations.
The first form of business to be discussed is the sole proprietorship. This form of business is the easiest to set up. Many "mom and pop" businesses take this business form, which is usually used when the business is only run by one or two people. In sole proprietorships, the…...
mlaWorks Cited:
IRS. (2010). S corporations. Internal Revenue Service. Retrieved September 24, 2011 from http://www.irs.gov/businesses/small/article/0,,id=98263,00.html
IRS (2011). Corporations. Internal Revenue Service. Retrieved September 24, 2011 from http://www.irs.gov/businesses/small/article/0,,id=98240,00.html
Taylor, P. (2006). Sole proprietorship, partnership or corporation? E-Zine. Retrieved September 24, 2011 from http://ezinearticles.com/?Sole-Proprietorship,-Partnership,-or-Corporation?&id=346737
UltiPro is an industry leader in HCM, delivering more out-of-the-box functionality than any other provider. UltiPro's continuous H and talent management functionality includes recruitment, onboarding, payroll, worker and manager self-service, benefits administration, compensation management, performance management and reviews, succession management, talent retention tools, time and attendance, workforce scheduling, rich reporting and analytical decision-making tools, and more. UltiPro's Web portal can serve as a company's communications center and the fundamental gateway for business activities because it conveys functionality for everyone in the company, from H and financial departments as well as executives, staff managers, and individual staff. With the UltiPro portal, H/payroll staff, managers, and administrators can complete daily worker administration tasks, administer benefits, manage staff, and access reporting in real-time, all from one central location. Managers and executives can access frequently requested reports and analyze workforce statistics and trends on-demand. Employees can access pay and benefits information, get questions answered,…...
82 in 2011 to $1.24 in 2012. Moreover, the company has been able to increase its net cash from operating activities from $12.7 million at the end of the 2011 fiscal year 2011 to $25.2 million in 2012.
Moreover, the company has been able to increase the shareholder's value over the years. Typically, the company records ROE growth of 14% and EPS growth of 26% at the end of the fiscal year 2012. The company has been able to increase its total assets within the past 5 years. For example, the company total assets in 2011 were $168 million while the total assets increased to $178 at the end of 2012 fiscal year.
Table 1: KMG Financial Ratios Between 2006 and 2012
2012
2011
2010
2009
2008
2007
2006
Earnings/Share
0.96
0.85
1.34
0.91
0.48
0.80
0.40
Profit Margin, %
3.93
3.65
7.35
5.35
3.48
9.85
5.31
Return on Equity, %
11.34
10.07
18.08
14.39
8.43
15.67
8.04
Return on Assets, %
6.30
5.21
8.71
7.11
3.45
10.88
5.19
Price/Sales
0.68
0.71
0.76
0.36
1.07
1.40
0.00
Price/Earnings
17.66
19.40
10.54
6.78
31.19
14.57
0.00
Price/Book
1.86
1.93
1.87
0.97
2.59
2.23
0.00
Debt/Equity
0.27
0.43
0.61
0.55
0.84
0.19
0.30
Interest Coverage
13.62
7.48
11.90
6.77
4.45
16.11
6.66
Book Value, $
9.21
8.53
7.55
6.39
5.78
5.24
4.45
Dividend Payout, %
10.59
10.49
5.87
8.72
16.39
9.16
20.95
Source: Barhart (2012)
Additionally, the KMG has been able to identify the hidden business value by focusing on its…...
mlaWorks Cited
Barhart. KMG Chemicals. (KMGB).2012.
Forbes. KMG Chemicals. Forbes Fortune. 2012.
Allebach, M.A. Small Business, Equity Financing, and the Internet: The Evolution of a Solution? Virginal Journal of Law and Technology.4(3). 1999.
Continual Improvement
Business communication plays a significant role in day to day activities, because nearly every transaction a person engages in is a form of business. At work, business communication is more than just talking with the boss about important matters. It's also small interactions between colleagues, how you talk to customers and vendors, and non-verbal communication concerns like posture and facial expression. In an increasingly global society, proper business communication is becoming more significant. You can find information on this issue in business journals. The website ACBJ.com provides you with access to a large number of business journals from a wide variety....
POS, or point of sale, systems are critical to allowing a business to make money, since they are where a customer pays for goods or services. If it is difficult for a customer to complete a transaction, then it does not matter how easy-to-use the rest of your website is. This makes POS systems a critical component of any online business.
Point of Sales (POS) Research Paper Topics
Management accounting combines traditional accounting responsibilities with management responsibilities, which allows a company to align budgetary considerations with the people handling the money. There are a variety of different topics in management accounting that could serve as a good springboard for research, because how it is applied can vary tremendously depending on the size, purpose, and structure of an organization. Regardless of the approach, it is clear that management accounting has become an important component of the decision-making process in business of all sizes and that the continued evolution of this practice should results in....
Crisis management refers to many things, but in a business context it specifically refers to how a firm identifies threats to both the business and its stakeholders and how the organization deals with the threats. Many large organizations have crisis management plans, but smaller businesses should have them as well, since it is entirely possible for small businesses to be impacted by crisis scenarios. The possible negative outcomes of these types of crisis range from a decline in revenue all the way to the total loss of the company. This is of....
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