Managing and Running a Small Business

Managing and Running a
Small Business

Contents
INTRODUCTION...........................................................................................................................................3
Activity 1 (Covered in Brochure)..................................................................................................................3
Activity 2......................................................................................................................................................3
P4 Annual itemized monthly cash flow forecast showing variable and fixed cost...................................3
P5 How break even analysis can be apply to organisation context..........................................................7
P6 Key financial statement for organisation that contributes to the successful management...................9
TASK 4........................................................................................................................................................10
P7 Regulations and legislation that have impacted on small and social enterprises...............................10
CONCLUSION.............................................................................................................................................11
REFERENCES..............................................................................................................................................12

INTRODUCTION
In today's global environment, numerous entrepreneurs are opening up their small
business that has a significant effect on the growing economy. Small business offers employment
options, as a result from which market situation are strengthened and people's living standards
are rising. The small business introduces technological creativity with the goal of attracting large
numbers of people and keeping them in the company for a longer period of time (Alewijnse and
et.al, 2017). Business owners need to develop a better understanding of market dynamics and
also consumer needs in order to efficiently and simply embrace their products and service in the
marketplace too though. To better understand of this report select Aldgate East which is
consulting firm that provide advice to local community with the main focus on small business
and social enterprise. They contain how to start a new business, find out various ways of funding
and reduce risk. This report categorized in two activities. In first activity discuss about the social
and small business entity is developing plan in order to allocation of resources and maintains
customer relationship. In second activity understanding cash flow, forecasted and budgeted
financial statement and understand various rules and regulations that require to operate a small
business.
Activity 1 (Covered in Brochure)
Activity 2
P4 Annual itemized monthly cash flow forecast showing variable and fixed cost
The actual amount that is moved in liquidity type into or out of a company is
profitability. The other concept of cash flow describes that a company needs cash and its related
products to help operate a business. It gives the business with flexibility so that all operations
and tasks can be carried out efficiently. In needed to conduct a company that pays the
obligations, it is important to rely on sources of financing which are as described:
Sources of fund: It is important to manage the funds to operate a company and conduct all
company activities that help to improve all performance and improve the value of the product.
Brightstar British Limited operates its small business by organizing the information from
external sources including such: