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Eclipse Vans Business Analysis Report 2017 and 2018

   

Added on  2022-11-22

9 Pages1070 Words477 Views
Eclipse Vans Business Analysis Report 2017 and 2018
Name
Course Number
Date
Faculty Name
Eclipse Vans Business Analysis Report 2017 and 2018_1
Eclipse Vans Business Analysis Report 2017 and 2018 2
Table of Contents
Introduction......................................................................................................................................2
Results..............................................................................................................................................2
Improving Profitability....................................................................................................................5
Conclusion.......................................................................................................................................6
Recommendations............................................................................................................................7
Eclipse Vans Business Analysis Report 2017 and 2018_2
Eclipse Vans Business Analysis Report 2017 and 2018 3
Eclipse Vans Business Analysis Report 2017 and 2018
Introduction
Business analysis is crucial in understanding the performance based on profit, loss, sales among
other important aspects. The business performance details help investors understand better ways
of running the business to maximise the profits. Quality data management and recording are
needed to monitor business progress. Further, good statistical analysis provides quality
information about the performance of a business, hence outlining recommendations to better the
business processes.
In this report, sales data for Eclipse Vans manufacturer recorded in the year 2017 and 2018 will
be used to develop a report on profitability, hence recommendations for better strategies. First,
an analysis of the profitability of the business will be conducted to show its past and present
business state. Further, the results will be analysed and options explored for future sales growth
based on the requirements of the business managers. Finally, another business action will be
recommended to help the business make more profits.
Results
Figure 1 below shows total profits in a month for the two years, 2017 and 2018. There is a
systematic trend on how Eclipse Vans makes profits around the year. Generally, every year has
two seasons of high profits, with the first occurring around February to May and the second
September to December. Similarly, low seasons are experienced July and August. On average,
there is no significant difference in the amount of profit earned, however, 2018 experienced more
profits compared with 2017. Ann been making more sales compared with Rachael and Timothy.
However, the junior sales officers are doing remarkably good, although Rachel has consistently
Eclipse Vans Business Analysis Report 2017 and 2018_3

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