Accounting Project Grade 10
Step 1: Decide on questions for interview: Step 1: Decide on questions for interview:
1. How early does your business start functioning? 2. What types of accounting practices does your business make use of? 3. What is your businesses annual budget? 4. Which wholesalers supply you with your stock? Or is it your own? 5. Are there any problems that you experience with the stock coming from your suppliers? 6. Why do you think it is of importance to have a good relationship with your supplier? 7. Is your business registered for VAT? 8. Are there an methods that your business makes use of in order to control stock? 9. How many employees do you have? 10. What are you businesses largest operating expense? 11. At what rate are your employees paid? 12. Does your business have a permit from the local authorities or do you have a trading license? 13. What are your trading hours? 14. How do you keep control of money received or spent? 15. Do you have a regular flow of customers? Or does business get slow at peak hours? 16. How do you advertise and promote your business? 17. Do you have many competitors?
Step 2: Examples of businesses to interview:
Step 2: Examples of businesses to interview:
Formal businesses: * Seven Eleven * Toys Kingdoms * Bionics hair studio * Fruit and Veg city * Crazy Daisy bakery * Gills Dermatology
Informal businesses: * Fruit and vegetable vendors * Local tuck-shops
Conclusion on which businesses to interview:
Since there are many businesses in my area with the fruit and vegetable trade, those will be the businesses that I will interview for my project. I have chosen to use Fruit and Veg and a local fruit and vegetable business, Jerry’s Fresh Produce.
Step 3: Arrange the interviews:
Step 3: Arrange the interviews:
Fruit and Veg City- On the 10th March I called the store situated in the N1 City Value Centre and then made an
1. How early does your business start functioning? 2. What types of accounting practices does your business make use of? 3. What is your businesses annual budget? 4. Which wholesalers supply you with your stock? Or is it your own? 5. Are there any problems that you experience with the stock coming from your suppliers? 6. Why do you think it is of importance to have a good relationship with your supplier? 7. Is your business registered for VAT? 8. Are there an methods that your business makes use of in order to control stock? 9. How many employees do you have? 10. What are you businesses largest operating expense? 11. At what rate are your employees paid? 12. Does your business have a permit from the local authorities or do you have a trading license? 13. What are your trading hours? 14. How do you keep control of money received or spent? 15. Do you have a regular flow of customers? Or does business get slow at peak hours? 16. How do you advertise and promote your business? 17. Do you have many competitors?
Step 2: Examples of businesses to interview:
Step 2: Examples of businesses to interview:
Formal businesses: * Seven Eleven * Toys Kingdoms * Bionics hair studio * Fruit and Veg city * Crazy Daisy bakery * Gills Dermatology
Informal businesses: * Fruit and vegetable vendors * Local tuck-shops
Conclusion on which businesses to interview:
Since there are many businesses in my area with the fruit and vegetable trade, those will be the businesses that I will interview for my project. I have chosen to use Fruit and Veg and a local fruit and vegetable business, Jerry’s Fresh Produce.
Step 3: Arrange the interviews:
Step 3: Arrange the interviews:
Fruit and Veg City- On the 10th March I called the store situated in the N1 City Value Centre and then made an