Financial Models for Struggling Businesses

This assignment analyzes the effectiveness of two financial models—budgeting and initial public offering (IPO)—in aiding struggling businesses. It discusses how these models can enhance efficiency, support expansion, and enable better outcomes for such ventures. The paper emphasizes ethical considerations related to business practices and highlights the importance of understanding accounting and financial models for effective business management.

Contemporary Themes

Table of Contents
INTRODUCTION...........................................................................................................................1
TASK ..............................................................................................................................................1
Ethical dilemma that has occurred with the fields of business, law or accounting.....................1
Appropriate methods, plan how to conduct market research for a new restaurant.....................2
Examination of equality and diversity cases and develop a policy for the new restaurant.........3
Referring to legal theory, advise a client who has been arrested for credit card fraud...............4
Accounting models and apply these to a struggling business.....................................................5
CONCLUSION ...............................................................................................................................5
REFERENCES................................................................................................................................6

INTRODUCTION
Business used to be more modern and appropriate in nature with a flow of time. It is
really important for business to understand the contemporary themes which related with working
(Brough, Chataway and Biggs, 2016). Such themes related with aspects of ethical dilemmas,
market survey, equality and diversity etc. All these need to underpin and understand by managers
of a company properly for managing effective and appropriate work. This will used to describe
and define about the contemporary themes for new restaurant “Zizzy World”. A basic
elaboration will going to describe in better and associated manner for better and suitable working
options.
TASK
Ethical dilemma that has occurred with the fields of business, law or accounting
A business whether it is large or small used to face several number of issues and
problems in their work which used to understand by business managers properly so that better
and supportive working could be done. Thus, sometimes, they used to face several ethical
dilemmas which usually arise in business field and could be related with legislations or law
working aspects as well. Zizzy used to open a new restaurant chain whom want to estimates such
ethical dilemmas properly for their work which facilitate an enable management to determine
effective and appropriate steps to get rid out from serious problem.
Ethics are the general values and norms of business on which management work
completely focused on where as dilemmas refer to as such situation whether both things are right
or wrong and manager used to adopt one of them or either need to estimate them so that better
and effective strategies could be drawn (Collins, 2016). Following are several kinds of ethical
dilemmas which might be face by Zizzy World when they used to start their operations: Employee behaviour and legal issue: Sometimes, some unethical behaviour of
employees used to underpin. Such unethical behaviour might be lead to enforce an
individual to face some legal consideration or issue. Thus, management or managers have
to face some ethical and appropriate consideration regarding such issue properly which
used to get rid out by drafting appropriate policy. Hence such issue could be arise on the
basis of gender, religion etc.
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 Employee working condition: Another dilemma which used to face by company or Zizzy
World at the time of opening is working condition. A small business have limited range
of fund through which they could provide either remuneration or could improve their
working condition. This is also associated with the working of Zizzy World where
managers used to understand and estimate that they used to choose either one of an
option or need to provide both. Hence, this also create an ethical dilemma for business
and its working which enable and resist them to work properly. This issue need
appropriate and suitable strategy to deal out and get rid out of such constraint.
These are some kind of ethical dilemma which related with and used to estimated by Zizzy
World in better and appropriate manner. This will might used to resist the working of restaurant
which used to understand by business managers properly with creation of appropriate and
suitable strategy.
Appropriate methods, plan how to conduct market research for a new restaurant
A new restaurant or a concept required appropriate and suitable marketing research so
that effective and better delivery of products used to get deliver (Deacy, 2017). For a survey or
data collection from diverse sources, there are mainly two major methods and techniques used to
get underpin by Zizzy World. The first one is primary method and another one is secondary
source of data. Thus, Zizzy could opt the secondary survey tool and used to create such plan
which facilitate them to organise investigation properly for a new restaurant:
 The first step of plan is to determine the trends of the market which could be gain through
better analysis and distribution of questionnaire. The trends get evaluated through
appropriate and suitable internet study, journals analysis and other relevant consideration.
Although, it will also signify about appropriate and suitable location which is convenient
for the restaurant opening.
 The next step of this consideration is to evaluate and determine about the competition
level of the industry (DeLuca, LaPointe-McEwan and Luhanga, 2016). A major thing
which needs to include in planning documentation is to review all major competitors and
rivalries of business which suppose and support in define the things in better and
effective manner. Hence, this step or study enable in deriving the major competitors so
that strategy could be crafted on the basis of such rivalries.
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 The third phase of study is study the industry properly as it is profitable in consideration
or not (Donner, 2016). This simplify that business managers have to assess that such
industry is profitable or not for the operations and operating environment. Business have
to include this aspect in study as well once they determine the major competitors and
location. Although, this define as third step of the evaluation of market study related with
food sector.
 Once the business managers perform and done all their major working aspects properly
like evaluation of competitors, industry etc. Then they need to perform and do the cost
section and value proportion of business only at such course when they found such
industry is profitable or not. Zizzy World have to determine their cost of products as per
the analysis of competitors which also used to fulfil their major value of products and
services. This enable them to derive better growth opportunity for gaining competitive
edge as well.
This study plan needs to follow by the Zizzy World managers so that they could become able to
deal at market area for long term consideration. This will going to influence the working section
and determine the competitive advantage as well so that more and more profit could be
estimated.
Examination of equality and diversity cases and develop a policy for the new restaurant
One of a major act which related with equality and diversity case is that at restaurant or a
school used to take place or engage in direct discrimination process. They used to focus on one
sex or gender fulfilment at vacant position of students where they highly focus on providing
admission to boys not to girls so much (Huehls, 2016). Hence, this is a one of a case which
related with equality and diversity which usually found at workplace more and more. Thus, to
maintain ethical consideration at workplace, new restaurant “Zizzy World “ have to focus on
such aspects properly and try to minimise these attributes. Thus, business need to develop a
policy plan for them which used to and enable them to deal out with such considerations properly
and effectively.
Policy of Zizzy World used to focus on laws and legislation which related with such
aspects. As per the regulations of UK, there is a need of equality at workplace which comes
under the legislation of 2010. Business need to frame out this act in their policies so that each
and every individual become more aware to do and perform the right things in better and definite
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manner. If any kind of human rights get void, then employees need to followed up the human
rights act, 1998. Under this any kind of harm to individual employees of a company used to face
heavy problem in front of management. The another act is related with health and safety where
each and every person used to gain appropriate security at workplace and try to minimise the
cause of discrimination.
Zizzy World need to develop all these aspects in their policies so that they used to work
properly and used to minimise chances and possibility related with inequality and less focus
diversity. Such policies need to determine and take in consideration properly so that better and
effective evaluation of thing used to get done properly.
Referring to legal theory, advise a client who has been arrested for credit card fraud
In legal terms, there are various kinds of legislations get framed which provide and
enforce and individual to engage in any criminal offense (Newman, 2016). A case was determine
in UK under which an individual got arrested just for not to pay credit card amount on time.
Thus, such individuals required a legal advise through which thy get rid out from all kind of legal
formalities in better and effective manner. To deal with this aspect, a major theory which could
be refer is Identify theft attorney which includes several number of problems and issues from
past few days which define as follow:
 Use of stolen credit cards
 Stolen of PIN number of banks
 Mail fraud
 Money laundering
Thus, to prove such sections, there is a need of appropriate prosecution evidence where there is a
need of appropriate computer expert, forensic investigation etc.
All these will enable and support in determine the individuals that he or she involved in
any kind of activity or not. As per the laws of UK, if a person found serious offend then they
used to pay hefty fine as well as need to get imprison for more than 30 years ( Wilkinson,
Redman and Dundon, 2016). Thus, the legal theory which used to impose on such individual
whom engage in any kind of fraud activities need to face and used to follow the theft attorney
policies. Under this theory, client need to face heavy problem which really need to deal out in
better and appropriate manner of fact. This will used and enable such individual t not get bail as
well. Such consideration used to understand in better and appropriate frame of reference so that
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better derivation could be done. Such legal policies used to follow in an appropriate and suitable
manner of fact for deriving better outcome.
Accounting models and apply these to a struggling business
For every struggling business there is a need to adopt and determine suitable and
appropriate model of accounting or finance so that better and effective working could be done.
Such models enable a firm to operate in better and significant manner which further enable in
derive and identify appropriate number of sources. Such models or principles enable a business
to grow properly and expand them in better and signified manner as well. Various accounting or
finance models on which management suppose to work in better and effective manner which
again enable them to gain feasibility so that better and effective working could be done: Budget model: The first thing which define as a major reason behind unsuccessful of
every firm is not allocating the things properly. There is a need of appropriate and
suitable utilisation of model approach which enable and facilitate to deal out such
uncertainties in better and appropriate manner. There is a need of budget model which
facilitate an option to bring down effectiveness and efficiency in working by preparing
statement about the things which used to take place. Thus, budget model support a
struggling business to grow and expand themselves properly and in better frame so that
effective derivation of outcome could be assess.
 Initial public offering model: Another model of financial records which could be
underpin by a company is initial public offering. This model is beneficial for many new
companies whom want listed them as a public and want to be in the list of stock
exchange. Hence, this model is supportive for struggling business where they could
become able to deal with the things in better and signified manner. Thus, such aspect
enable in deal out the things properly and in better and effective frame.
These two models could be utilise by the struggling business properly which further facilitate in
determine the effective and better results which support in overall future growth and certainty of
operations as well.
CONCLUSION
It get concluded from the project that contemporary themes could be utilise by all new
ventures which enable and support them to determine the better and effective outcome. There are
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various ethical dilemmas need to understand by business managers which related with business
and its working. Although, there is a need to inspect about accounting and financial models
properly so that it lead to support a struggling association properly.
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REFERENCES
Books and Journals
Brough, P., Chataway, S. and Biggs, A., 2016. ‘You don’t want people knowing you’re a
copper!’A contemporary assessment of police organisational culture. International
Journal of Police Science & Management. 18(1). pp.28-36.
Collins, A., 2016. Contemporary security studies. Oxford University Press.
Deacy, C., 2017. Faith in film: religious themes in contemporary cinema. Routledge.
DeLuca, C., LaPointe-McEwan, D. and Luhanga, U., 2016. Teacher assessment literacy: A
review of international standards and measures. Educational Assessment, Evaluation
and Accountability. 28(3). pp.251-272.
Donner, H., 2016. Domestic goddesses: maternity, globalization and middle-class identity in
contemporary India. Routledge.
Huehls, M., 2016. After Critique: Twenty-First-Century Fiction in a Neoliberal Age. Oxford
University Press.
Newman, D., 2016. Contemporary research agendas in border studies: An overview. In The
Routledge Research Companion to Border Studies (pp. 55-70). Routledge.
Wilkinson, A., Redman, T. and Dundon, T., 2016. Contemporary human resource management:
text and cases. Pearson Higher Ed.
Online
Equality case studies. 2018. [Online]. Available
through :<https://www.equalityhumanrights.com/en/secondary-education-resources/
useful-information/equality-case-studies>.
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