Question

In: Accounting

Imagine that you are opening a new small business. Depending on the type of business you...

Imagine that you are opening a new small business. Depending on the type of business you will open and the needs you may have. Please make a educated forecast of how many employees you would need and how they will support your strategies

Solutions

Expert Solution

Should be start a Grocery and food delivery company.

If i starting a food delivery business by contacting wonderful local restaurants, farmers/growers, or grocery stores do not currently deliver their quality cuisine to their customers. You can offer to provide home food delivery service for them and get paid to help them expand their market.

The grocery home delivery business is a business that involves helping to clients shop groceries and get it delivered to them in their homes or offices or any location they want it delivered. With this type of business, we can choose to own a Grocery Store if we have the financial capacity to or we can choose to operate without a grocery store.

People needed the home delivery One of the responses we’ve seen to how people are approaching this period of isolation and uncertainty is in huge changes to their shopping behavior.It is important to caveat that this is a rapidly evolving situation so surveys are quickly outdated as behaviors change with the circumstances.

As people have embraced social distancing as a way to slow the spread of the pandemic, there has naturally been a drop-off in brick-and-mortar shopping. That would seem to mean there would likely be an increase in online shopping as people turn to ecommerce to purchase the items they might have otherwise purchased in person.

Employees are all people covered by a contractual arrangement, working in an enterprise and receiving compensation for their work. People on sick leave, paid leave or vacation are included, while working proprietors, active business partners, unpaid family workers and home workers are excluded. Employees with stable contracts are those who have had, and continue to have, an explicit or implicit contract of employment, or a succession of such contracts, with the same employer for a period longer than. Regular employees are those who have stable contracts, for whom the enterprise is responsible for payment of taxes and social security contributions, and/or for whom the contractual relationship is subject to national labour legislation. Enterprises can be classified as small or medium sized.

Summery

Currently, majority of the people are conscious of what they eat. Being fit has become a priority. Everyone is focused on exercising and eating carefully. Folks are serious about maintaining a daily diet, calorie intake, amount of sugar/salt, etc. In these conditions, introducing diet foods can be a turning point for your food business. These diet foods can be beneficent to keeping fit, losing weight, also may be good for body ailments. Of course, running this sort of food business comes with massive responsibility. The main idea is to concentrate upon- supplying diet foods which are healthy as also tasty. This, when achieved can make our food business rule the market.

A pandemic can have severe consequences in impacted areas and geographies, making them inaccessible for an extended period of time. As a component of a business impact analysis, companies identify the chain of activities.

Companies today have increased interconnectedness with third parties such as outsourced vendors, data processors, aggregators, payment processors and suppliers for delivery of products and services. These third parties are also vulnerable to pandemic events. Companies must develop a thorough understanding of their critical third, fourth and fifth parties, and their resilience programs, and develop alternate plans, for instance insource strategies or substitutability, if the critical third party’s ability to perform services is impaired.


Related Solutions

Imagine that you are opening a small company You need to staff this company depending on...
Imagine that you are opening a small company You need to staff this company depending on the nature of the company, the industry and what your strategies are Please tell me how many people you need to hire what qualifications they need to have and how do they help you achieve your strategic objectives for hr subject
Imagine that you are the HR manager for a new company just opening its doors in...
Imagine that you are the HR manager for a new company just opening its doors in your community. The owners have asked you to prepare a vision for compensating the staff. They do not want specific policies but rather guiding principles that will help them collect data and write specific HR policies later. Complete the following: Describe the type of business, the number and types of employees (such as exempt and non-exempt), and the customer base you will use as...
Imagine that you are the HR manager for a new company just opening its doors in...
Imagine that you are the HR manager for a new company just opening its doors in your community. The owners have asked you to prepare a vision for compensating the staff. They do not want specific policies but rather guiding principles that will help them collect data and write specific HR policies later. Complete the following: Describe the type of business, the number and types of employees (such as exempt and non-exempt), and the customer base you will use as...
Imagine that you are opening up a new bookstore in your hometown. Please answer the following:...
Imagine that you are opening up a new bookstore in your hometown. Please answer the following: In what type of shopping center or planned location (Chapter 7) would you open this store? Why did you make that choice? What would be the most important site characteristic (Chapter 8) for you when choosing a specific location? Why?
Assume that you are going to start a small business of your own. Further, imagine that...
Assume that you are going to start a small business of your own. Further, imagine that you are able to adequately differentiate your product, or service so that you can establish your business as a monopolistically competitive firm. Describe the business and its likely main competitors. How would you structure your advertising and customer service to differentiate your product/service? How easy would it be for new competitors to enter your market and erode your customer base or selling price? What...
Different equity accounts are used depending on the type of organisational structure of the business. Illustrate...
Different equity accounts are used depending on the type of organisational structure of the business. Illustrate and explain. (80 - 150 words)
Imagine that you manage human resources for a small business. You have recently prepared a report...
Imagine that you manage human resources for a small business. You have recently prepared a report on the market rate of pay for salespeople, and the company’s owner says the market rate is too high. The company cannot afford this level of pay, and furthermore, paying that much would cause sales people to earn more than most of the company’s managers. Suggest three possible measures the company might take to help resolve this conflict.
Imagine you are an entrepreneur with a new idea and would like to start a business...
Imagine you are an entrepreneur with a new idea and would like to start a business with your idea, but lack capital. Go to the U.S. Small Business Administration’s Website, located at http://www.sba.gov/content/sbic-program, and read about the Small Business Investment Companies (SBIC) Program. Also, explore the Website for information regarding sources available for providing venture capital. Provide an overview (two to three paragraphs) of your start-up company. In the overview of your company, describe its products, historical financial performance, major...
Imagine that the small business that you have been working for has started to catch traction...
Imagine that the small business that you have been working for has started to catch traction and you are considering expanding into a few new markets. However, these markets make meeting with key managers inconvenient. You have been charged with developing and finding a way for the company to conduct meetings in an efficient and effective manner while keeping costs to a minimum. Your task is to search the internet and find two free online communicating services to present as...
Imagine you have an idea for a new business and you’re excited to start planning the...
Imagine you have an idea for a new business and you’re excited to start planning the next steps. Respond to the following in a minimum of 175 words: What key elements will you include in your Mission and Vision statements? Why are these elements relevant to you and to your business? How will your mission and vision statements guide your business development and ultimately how you service your customers?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT