Managing Small Business: Regulations and Financial Statements

UNIT 29
1

Table of Contents
Table of Contents.............................................................................................................................2
INTRODUCTION...........................................................................................................................3
Activity 1 (Covered in brochure).....................................................................................................4
Activity 2.........................................................................................................................................7
TASK 3............................................................................................................................................7
P4 Monthly cash flow forecast fixed and variable cost...............................................................7
P5 Application of break even analysis.......................................................................................10
P6 Financial statements and its contribution in successful management of organisation.........12
TASK 4..........................................................................................................................................13
P7 Key regulations and legislations that have implication on small enterprises.......................13
REFERENCES..............................................................................................................................16
2

INTRODUCTION
Small business are establish with minimum capital and resources which supports to perform
all activities and increase the profitability. The aim of organisation is to run business sand
expand it continuously so overall performance can be improved. In small size organisation,
managers are playing a vital role as it analysis the information by visiting the market that helps
to increase the business performance. In other words, small business are considered as integral
part of organisation which are spending small amount of investment and managing all activities
effectively (Zakarya and Gillam, 2019). For increasing insight about small business and its
expansion Nikki Consulting company has been chosen that is management consultant company
in Hounslow, UK. The employees who are working in this, providing consulting services to its
customers which helps to maintain the good performance in business environment. Topics are
covered in report are main consideration of small and social business enterprises, customer
relationship management process, analyse of cash flow forecast, budgets and break even
analysis. A part from all such discussion regulations and implications on small business and
social enterprises are covered.
3

Activity 1 (Covered in brochure)
4