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This research will begin with the statement that at the organizational level, internal control objectives relate to the reliability of financial reporting, timely feedback on the achievement of operational or strategic goals, and compliance with laws and regulations…
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Extract of sample "Business Plans That Work for Small Business"
5.0 Controls
At the organizational level, internal control objectives relate to the reliability of financial reporting, timely feedback on the achievement of operational or strategic goals, and compliance with laws and regulations. These are designed to help the organization accomplish specific goals or objectives. It is a method by which an organization's assets are directed, monitored, and measured. It plays an important role in preventing and detecting “fraud” and protecting the organization's resources, both physical (Jacksack 27).
Result based management state that all departments should be effective in productions in order remain focused on the goals of the business tackling business day to day can be a challenge. The business should a strategy from the initial stage to the final which is a tall order. To stay on target, create a plan that covers the big picture, so you can focus on the current activity of the business. A control system establishes specific policies and procedures for tasks to be handled on a planned basis (Jacksack 43).
The system sporadic measures, controls and provides feedback to the owner about what is happening in various parts of the business. This system should be as simple as possible to provide information quickly, so the owner can make reasonable business decisions based upon current information. Avoid complicated procedures that lead to confusion, expenses and wasted staff time (Jacksack 55).
Control and accountability within the business are some of the things some employees may feel that controls are restrictions. However, the success of the company and the employees’ pay depends on the business success. The controls are not meant to be a trap, but rather a quick check to allow everyone does the job right. A control system is purpose and can offer a systematic and regular measure of performance on an ongoing basis. Trends and ongoing employee, manufacturing and service performance are vital to customer satisfaction and business success (Jacksack 31).
Getting workforce to acknowledge and pursue the system is enormously necessary. Take time to clarify why controls are being put into position and the influence you expect a control system to have on the processes of your big business. The focal point is not on controlling workers, but relatively on controlling processes and value to the business is better for everybody. You need employee compliance with the new system and their understanding and acceptance is important in creating a reliable system (Jacksack 30).
5.1 Implementation Milestones
Milestone depicts the level of which the organization has reached in its deliverable. Objectives being achieved at the end of the projects will reflect on the set targets at the initial stage of the implementation. The manager’s functionality is to ensure that the deliverables have been achieved with less cost of implementation and the staffs have had enough motivation to accomplish the tasks within a given time frame (Jacksack 49).
The organizations success will more so depend on the strategy and approach they use; using the past mistakes has proven a success in business approach for putting up more formidable structure this has it by the use of alspatch method of monitoring and evaluating the projects activities. Focusing on RBM (result based management) the pyramid structure should be used in building up the JAVANET, this methodology indicates that the structure in JAVA should be more solid from the base hence decision making will approach from personnel at the ground and the customers who have had experience of the quality service. Quality of service is also a key indicator in the business milestone (Jacksack 56).
5.2 Marketing Organization
Java Net should have a long term plan in doing their marketing strategy the plan should focuses on the short term objective and also the long term goals. Taking advantage of the current market tread and optimizing on the competitors weakness will be crucial in achieve an optimal market base (Jacksack 50).
Sensitization mode should be on great focuses now the critical questions should be which approach to be used if focused group approach or open ended questions this will enable the Java Net to get the feedback on how the market tread is. Quality of service also has an important role in establishing a better market base this will only be realized from the customers who are reliable and consistence in using the services of JavaNet services (Jacksack 67).
5.3 Contingency Planning
In order to achieve the marketing plan there a number of contingencies that have to be considered. In order to achieve the marketing plan there a number of contingencies that have to be considered for example the perception that the business would achieve the planned objectives should not be the case. JavaNet should have an option of fall back strategy this will ensure that measure have been laid to cater for any emergencies. Having close look at the objectives and targets laid down the organization should (Jacksack 49).
Then business management should be able to sustain the business regardless of either excess or low revenues. The running costs should be maintained throughout the operation of Javanet; however, customers and clients should not detect any kind of failure in the business since this would prompt the inability to manage the business to the customers’ perception.
The more the customers the better the perception that the business is lively hence more customers are convinced that the available services are of better quality comparatively to the competitors within the market scope. Javanet cyber café should consider availing both services and also consult with the customers and clients about other services that can be availed to enhance activities at the café (Jacksack 24).
However, the contingency plan should not contain many issues, only issues of high importance should be allocated so that when the target is not achieved the business would still operate as usual without detectable failure. Common mistakes are supposed to be avoided since customers are very sensitive to such mistakes, and would interfere with business publicity enabling the competitors to take advantages of the weaknesses observed in Javanet café (Jacksack 62).
Despite the low income that would be obtained from the internet and cyber café business, some people would come for leisure away from home and enjoy the services. However, the idea to include pastry is not a bad idea but it would be prudent to involve the customers either through direct contact or questionnaire to determine what would please/ influence their satisfaction within the business (Jacksack 21).
Only the willing members should register for cyber café services, there should be better deals for the registered internet users. However, the market will automatically pick since not every business succeeds during the initial stages when customers are still not well recognized by the management 38.
Works cited
Jacksack, Susan M. Business plans that work: for your small business. California- USA: CCH Incorporated, 2009.Print.a
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