INTERNAL CONTROLS SYSTEM FOR CASH FOR THE CASE OF NAIROBI SMALL BUSINESSES BY Nyaga Denis Macharia D33/6646/05 Nzovu Michael Fondo D33/7224/05 Zachary Gategi Maina D33/6216/06 Gitonga Lilian Wanjiku D33/7305/05 Sigei Ellyne Chepngetich D33/7295/05 A Management Research Project Submitted In Partial Fulfillment For The Requirements Of The Award Of Bachelor Of Commerce (BCOM)‚ School Of Business‚ University Of Nairobi JULY‚ 2008 DECLARATION
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Briefly describe a small business you could envision yourself owning and discuss the most appropriate source of debt capital for that business. Explain your rationale. The small business I envision to own is a cleaning company which basically cleans offices and homes. Often the hardest part of starting a business is raising the money to get going. I may have a great idea and clear idea of how to turn it into a successful business. However‚ if sufficient finance can’t be raised‚ it is unlikely
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------------------------------------------------- Impact on business and society of emerging technology No doubt about it‚ emerging technology has a drastic impact on society and business. Whether people realize it or not‚ the way we conduct business and live our lives would be much different if it weren’t for the continually changing technology. Emerging technology’s impact on business Because of technology‚ business has been able to advance in such ways that associates can communicate across
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Starting a business or trying to grow an existing business will require money – lots of it! It is not uncommon to have various funding options or sources to begin the difficult and challenging project of launching a new business venture. A business (regardless of the field) is an investment. It requires resources such as time‚ capital‚ human capital‚ cash reserves and credit – at least that is the way business operate in the United States. Debt/equity. Like any investment debt and equity are
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Advantages of Starting up a Business * Being your own Boss - you can make your own decisions‚ keep your own time and not have to answer to "The Boss" * Hard Work & Know How - If you are a hard worker and / or have immense industry know how‚ you may want to benefit from the long hours you do or the knowledge that you have acquired over time. * Financial Independence - One day‚ you may realise your dream of financial independence * Creative Freedom - no more restrictions‚ you
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Sew What? Inc.: The Role of Information Technology in Small Business Success The case informs the reader of Sew What Inc. that provides custom theatrical draperies and fabrics for stages‚ concerts‚ fashion shows‚ and special events worldwide. It is an extraordinary story of how a small business that initiated from a kitchen gained worldwide popularity and success due to proficient use of information technology. Sew What? Inc. attributes its success primarily to information technology as they acquired
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CHAPTER ONE 1.1 Introduction The role and importance Small and Medium Enterprises play in the development of nation has been well documented and beyond doubt now that any emergent economy must have a viral and sustained SME subsector which are critical to the development of an economy. The significant roles SMEs play in development is acknowledged universally. Even in countries such as the United States. Small and Medium Industries Equity Investment Scheme (SMIEIS)‚ are enterprises with
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1. Journal Name‚ Type and paper Structure The paper chosen for this critique is an academic article “Social Networking as a Marketing Tool: The Case of a Small Australian Company” which was published in the Journal of Hospitality Marketing and Management‚ Volume 19‚ 2010‚ pages 700-716 and is a case study that researches the use of Web 2.0‚ in this case MySpace as a marketing tool. The Journal covers different subjects including hospitality industry‚ international internet marketing‚ tourism‚ tourism
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lot of Small Business firms but all of them can not succeed in their business. It is very hard to operate and make a business profitable here. It is also not very easy to start a new Small Business firm. In this part we will try to identify the key problems that a Small Business firm faces in its establishment and operating period. The major problem a Small Business firm faces in its establishment period is the problem for capital or sufficient financing problem. The key to a Small Business success
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Title: Planning the future strategy of your business. Scenario You are currently working for the Small Business Centre in Leicester and as part of your work experience you have been asked to research some cases studies of company expansions‚ you will then need to complete the following work‚ based on your research. Task 1 Explain how four different expansion methods have been implemented in selected small organisations: One: Organic growth This the most common form of expansion of a
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