Managing and Running Small Business: Allocation of Resources, Customer Relationship Management, and Transnational Operations

Managing and
Running Small
business.

Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
ACTIVITY 1 (Brochure).................................................................................................................2
Activity 2.........................................................................................................................................8
Discuss an annual itemised monthly cash flow forecast representing fixed and variable costs
set against income...................................................................................................................8
Assess how the break-even analysis could be applied to an business situation.....................9
Provide main financial statement for a business in context to how they contribute to
successful management........................................................................................................10
Use suitable quantitative and analytical tool to give an suitable cash flow forecast and break
even analysis.........................................................................................................................12
Critically assess the cash flow forecast and break even analysis along with analysis of how
financial statement contribute to the success of business.....................................................12
Discuss key legislation and regulation that have implications on small business................12
Assess the implication of main legislation and regulations in an organisational context....13
critically assess the legislation and regulation that influence the small business considering
future enhancement and changes..........................................................................................13
Conclusion.....................................................................................................................................14
References......................................................................................................................................15

INTRODUCTION
Managing small business management depicts about the process of aligning and
coordinating towards all aspects of better small business. It mainly indicates about managing
employees, resources, suppliers, business related finances and other aspects to dealing for better
perform task. Small business are considered of importance that provide better opportunities for
entrepreneurs and create meaningful jobs with greater job satisfaction (Antcliff,, Luptonand
Atkinson, 2020) For this report, the company is selected Cafe Pod Coffee is an independent
small business of Coffee craft for adventurous towards drinkers for enjoyment purpose. They
only focus on about creating and innovative traits to maintain positivity within customers to
attract. The company is having around 16 employees and revenue is generated around $6 million.
The topics are covering in this following report, main considerations of small business plans to
better allocate resources to accomplish objectives. To evaluate the better customer relationship
management process for small business social enterprise. Different financial statements would
discuss about specific company's growth in market. The implications of regulations and
legislation on small business or social enterprises.
MAIN BODY
1

ACTIVITY 1 (Brochure)
2
Allocation of resources in business
There are main important consideration that small business need to determined initial days to allocate their resources fro
accomplishing objectives (Antcliff., Lupton and Atkinson., 2020). In perspective of Cafe Pod coffee company, they need to consider
important aspect which would help to maintain resources for business through this gaols can be better accomplished effectively.
 Financial Resources: It is the most important part use at the time of starting business is funding. The financial resources
which can better obtained from a variety of sources. This can be flexible to being from personal accounts of company's
founder. Therefore, bank loans and money on credit might be guaranteed on certain financial institutions, friends and
relatives along with private investors.
 Human resources: For success of an organisation employees plays an important role as they contribute their skills and
talent to attain positive outcomes (Kalyani., 2020). To hire potential employees is a bigger responsibility of Human
resource department. As HR manager is having experienced to recruit potential candidates that would provide some
productivity.
 Physical resources: Every business is require physical resources to survive in competitive market. Similarly, for small
business require physical resources like better workplace infrastructure, tools and equipments, telephonic facilities to
inform effective marketing materials.
Identify tools and techniques help to allocate the resources for specific organisation.
There are some important tools and techniques to allocate the resources for Cafe Pod Coffee company perspective are:
 Gathering right information: It is a process of recording as much information as possible is the key to generate better
resources allocation decision. For Cafe Pod Coffee company, if they have good knowledge about resources then they can
easily implement into their task or any kind of project. Further, they need to collect information regarding with specific
resource that they going to use in business. Then, they require potential manpower who can contribute their skills and
knowledge to generate productivity.
 Effective visualise data: This helps to project manager to informed decision quickly. The manager of Cafe Pod Coffee
company must ensure about data's pros and cons as because these can be useful to get aware about data specification. then
employees will use them. There are many other laws which help them to manage their resources properly.
Managing and Running a Small Business