Community Assumptions And Business Responsibility

Social responsibilities lay in business framework
Most people think of business simply as a way to generate money. While this may be a primary motivating factor for some, it also carries many underlain responsibilities. Business owners become part of the infrastructure of the community. They supply a service or product which fills a need of the community.

The common bond linking community and business lies in each others realization of shared assumptions. Business realizes they fill a need, desire or fixation of the community and the community realizes who their contributor is. While community can survive without business, business on the other hand cannot exist without community. No community is self sufficient and no business is customer free.

Business must develop social programs and policies that can be seen as responsive to social expectations, but not necessarily limited to socially demand. A firm having social awareness is in tune to its customers requirements as well as its viewpoint.

There are three main driving forces between business and society:

1. The idealistic outlook: primarily relates to principles and social responsibility,
2. the institutional outlook: Its expression of social responsiveness
3. the organizational orientation: primarily relates to policies and management of social issues.

There are four Basic Models of Business Relationships
1. Humanitarian – adhere to principles of compassion and reinvesting into the community
2. Ethical – adhere to principles of honesty and decency
3. Legal – adhere to all laws and regulations
4. Economic adhere to making a profit.

While a certain responsibility lies in being a good corporate partner and citizen, the most fundamental business responsibility is that of economics. The primary reason for being in business is to make a profit. Business exist for generating revenue for the business and in so doing, provides revenue for its employees. All other business responsibilities are based or established upon economic assumptions which is the responsibility of the people in charge. Without this statement the prognosis of future success becomes nothing more that arguable considerations.

While plotting a course of action, businesses are expected to operate within the framework of societal law, thus carrying the burden of legal responsibility. Likewise, legal responsibility is restricted to the letter of the law, while the spirit of law is
reserved for ethical reasoning.

Next, businesses are expected to have an ethical responsibility which is defined as any and all activities or practices which are either expected or prohibited by society members even though they are not written into law. Ethical classifications are further separated from legal activities by use of negative definition: ethical responsibility relates to those social expectations and norms not yet codified into law. In the same line, philanthropic responsibility designates those areas of voluntary social involvement not specifically
prohibited or demanded of companies because of their economic, legal, and ethical responsibilities.

Business also carry as a philanthropic obligation to contribute to its community. This responsibility is discretionary in nature and seen as an investment in future growth. Even though this is not a requirement it is a necessary and sufficient obligation that socially expects from responsible businesses.

Theoretical Assumptions

If the economic role of the business is reduced to the narrow emphasis of profit it then could become blinded to making of contributed economics. This posturing leaves out the need for community relations.

There is another scenario to consider which is in contrast to the ordinary view, the so-called separation thesis. This is when businesses focus either on profits or social
concerns but not on both. This rises a question of debate that businesses can not only be profitable and ethical, but they should fulfill these obligations simultaneously. Can a business be profitable and disconnected from community? In todays world, franchising brings business into a community while being completely detached from community needs.

The clear-cut separation of business from community raises the problem of coexisting within a harmonious environment. Even though a business may appear to be separated the burden of responsibilities still apply. The business provides a tax revenue as well as product, service and employment. There are interwoven responsibilities which represent the stimulus for economic considerations.

The social pressures imposed on todays business are decreasing in importance, whereas economic and legal responsibilities are a requirement and ethical practices are vaguely expected, charitable contributions although desired, are completely voluntary.

A good business citizen, while striving to fulfill all its responsibilities, will actually apply
the necessary priorities to secure its status in the community.

Businesses have a responsibility that goes well beyond the demands of law and common morality. They set as examples of good moral judgment and community responsibility.

Happy Trails

Sap Business One Customization User Defined Fields And Tables

If you think about light customization of your user interface, prior to considering SDK programming we recommend you to review User defined fields and tables with your consultant. We would like to show you where they are and give you some modification case studies. We will base our publication on current version 8.81. However similar functionality is available in earlier versions, such as 2007A and B and 2005A/B. Lets begin with extending existing master records:

1.Business Partners table extension with user defined fields. Both Customers and Vendors are united in the same table. Lets now assume that you would like to add several persons with specific commission description and percentage each, where you need no more than three sales representative. Add nine fields to the Business Partner, each three per commission (Salesperson ID, Commission description and Percentage). How do I get there? Tools -> Customization Tools -> User Defined Fields Management, here expand Master Data, then Business Partner, highlight Business Partner and click on Add button on the right bottom corner of the window. Now, how do I do calculate commission without programming it in SDK? Good question. Consider Crystal Report, which looks at paid invoices and business partner custom commission fields

2.New User Defined Table monthly service unit cost. Lets now imagine that you are reseller of something like advertising time and your franchisor is varying your cost every month. Instead of updating the cost in all your Inventory Items, you would like to have one central table, where the cost is specified for each month, and probably in relation to the country or region, if you are participating in international business. If your business is relatively simple in the form of Sales Order and Invoice creation, you may decide zero cost for your service items and do one General Ledger monthly cost transaction to keep your Balance Sheet, P&L accurate. User Defined Cost table is accessible through normal user interface

3.Animating User Defined field or tables via SDK programming. If you feel that customization and reporting options described above are not doing the job, the next step would be to register User Defined Object or appeal to SDK programming. Object will be described in separate publication. Software Development Kit coding should be done through certified SB1 reseller, who carries certified programmers in staff

4.Some notes about version 8.8 and 8.81. First of all there are no more of such things as A and B versions. This means that your corporate ERP SAP Business One could be installed on the same Windows 2008 and SQL 2008 Server with companies for all the countries, where you have facilities (assuming that SAP B1 is localized for these countries). Previously there were two flavors A and B (like 2007A and 2007B, where USA and Canadian versions were available in A and Brazilian or Chinese in B, and you had to have two server installs). Second, we would like to mention such cool feature as Purchase Quotation and Purchasing Quotation Generation Wizard (in Corporate ERP terminology it is also referred as Requisition Management)

5.Business One as an option for your international subsidiary, where in USA or Canada you are deploying Microsoft Dynamics (GP, AX, SL, NAV). We did it for several of the well-known multinational corporations. There are several methods. One of them is to export SAP BO GL Trial Balance into Excel worksheet and use it in your FRx or Microsoft Management Reporter consolidated P&L or BS (this should be setup in Reporting Tree). The second method is GL transaction level consolidation. Here you have SB1 as your overseas accounting application and in US you have the shadow company with exactly the same GL accounts. You export SBO GL transactions every night or weekly and import them into Dynamics via Integration Manager or eConnect programmed custom integration. Similar options exist for Axapta, Navision, Solomon, as well as for non Microsoft Corporate ERP platforms, such as Oracle eBusiness Suite/Financials

6.Crossing the borders in Easter Europe and South America. This Corporate ERP application is localized for Russian Federation, where it is facing strong competition with such locally developed package as 1S Bukhgalteria (1S Accounting in English translation). In Brazil this small business MRP and ERP package has very good reputation and it is often implemented for larger organizations. It naturally competes with local accounting application Microsiga

7.Please call us 1-866-304-3265, 1-269-605-4904. We have local presence in Chicagoland, Southern California, South West Michigan, Houston and Dallas areas of Texas. We serve customers USA, Canada, Mexico nationwide and internationally via web sessions and phone conferences (Skype is welcomed). Our consultants speak English, Spanish, Portuguese, Russian, Chinese

Spotting The Business Opportunity

There are different ways in which you can try to look for the business opportunity. If you have the knowledge of some trade or business, then the same can be used to set up a new business or to take up a business that is being sold or even take up the franchise business opportunities. There are different mediums in which you can look to know the existing opportunities.

Some of the main ways in which this can be done are:
1. Government departments: Normally, the offices of the government which handle the company affairs or the industry affairs know about the ailing units and whether the same are being put up for sale or not. The public communication of the department could be the authoritative source of such information. The government normally informs about these through the newspapers.
2. The print media: This is the most common method used by the people to spot the business opportunity. The newspapers are the most important media. You can check for the classifieds sections of the daily newspapers to know the same. Magazines are not likely to carry these types of opportunities.
3. The electronic media: People generally do not make use of the TV and the radio for advertising business for sale. Therefore, it is not very much advisable to waste your time on this medium. However, internet is one medium which can be used quite fruitfully in this regard.

You can check for the different types of the opportunities in the internet directories dedicated for this purpose. The online classifieds feature these as per different categories of the business and also as per the different regions of the world.
While searching through the online medium for these business opportunities, it is very important to be clear about the exact products or the services business which you can manage. At the same time, it is also important to define the scope of your search. If you are looking for a business for sale, then you might be more interested in the local business opportunities rather than international ones. So is the case with the franchise business as well.

This is possible when you are very well aware of your strengths and weaknesses and your resources. A truthful assessment of these opportunities shall be done before deciding on any one of these. There could be many decision criteria. Some people might prefer those businesses which give a high rate of return in the present times. Some others might prefer going for that business opportunity which holds tremendous promise for the future but may not look very appealing for now. So, a very keen and deep insight is required to find the opportunity for the future.

With a franchise business, you can leverage the brand value of the existing business and get customers in no time. If you are confident of your ability to turn the tides then you can even take up a business for sale provided it fits into your business strategy and can be made profitable.

How To Write A Music School Business Plan

Your music school business plan is a document that defines your music school business with its objectives and shows how those objectives ought to be achieved.

Without a music school business plan it is unlikely that prospective “angel investors” and the like will invest in your music school business if that is your requirements to start-up or if you need to take it up another level

The plan should be customized for the likely lender or the investor. The substance of the plan should imitate the potential interests of the lender and persuade support for your music school business venture.

After completion,your plan also provides a powerful tool for monitoring the forward movement of your music school business. It will assist you to focus on the objectives set up in the plan.

You must keep your investor’s attention by making the detailed description as reader friendly as possible. Use simple, direct language and graphics to illustrate your points. Make sure your copy reflects the assured approach of the management team. Still, it is advisable to be realistic whilst presenting fiscal predictions.

Try to make the business plan as encouraging as possible but do not shy away from any observable problems there may perhaps be in setting up your music school business as your backer will more than likely have thought of them anyway; so if you can get their first and counter the likely questions before they think of them so much the better.

Make a lasting first impression by presenting the document in a clear and professional approach by using an understandable, uncomplicated design that conveys a proficient image and avoid jargon, keeping the subject matter concise and hard hitting. Any technical or supporting information should be provided in the appendices.

Keep all the figures between the main body of the document and your appendices – if you put large sections of figures in the body of your article you will distract your investor from the flow of the plan.

If your business is a new venture then give background information as to why you intend to start it. Affirm the considerable advantages of your product or service. Point to would-be markets and explain your pricing policy and promotion strategies. Identify the competition and outline your proposals for dealing with it. Be positive but brief.

It is crucial that your backer (if that is what your plan is to begin with used for) believes in you and your lineup (if you have one). If you come to an financier having just had a brain wave…”wouldn’t it be fantastic to have my own music school business” – you’re going to get laughed out the door. You must make plain your awareness and confirm your know-how and skill-sets as well as any other managers involved in the music school business. If you need any staff highlight these in the appendices – it is crucial that any essential roles in the music school business are ironed out before you meet your financier – if it is a pivotal role you have need of for your music school business then you will not get the capital you need.

Business Training Opportunities

Career training opportunities can take many forms and can often be used as continuing education credits that will help them keep specific certifications. Members of management often encourage employees to improve their skills by attending classes whenever they are available. It is understood that keeping up with new forms of technology is the best way to keep a company one step ahead of its competitors.

1)College Courses IT professionals and individuals who work with software on a daily basis, might do well to take college courses that teach the newest trends, and as such many colleges and universities offer professional development IT training. Accounting professionals can also benefit from refresher courses every couple of years to stay on top of new tax laws and guidelines, making this a career path that requires lifelong accounting training. Individuals can also work towards a higher degree in the hopes of advancing their career.

2)Company Sponsored Training Programs Large corporations who want to provide learning opportunities for their employees may hire instructors to come in and give lectures. Industry leaders can offer advice on new techniques and practices that can help increase the efficiency of the business. By holding company sponsored training programs, management can make sure every employee receives the same training, without having to rely on them to complete it outside of work.

3)Specialized Training Programs Suppliers and equipment manufacturers may provide training to individuals who will be operating or using their product in the workplace. One example is an accountant who will be using a new version of software for accounts payable/receivable. This type of accounting training is beneficial because the individuals teaching the course are those who developed the software.

4)Webinars Online seminars or webinars can keep members of management up to speed on the latest trends in office management and business procedures. They can be completed in their office or at home simply by logging into the training website. While most webinars cannot be used for continuing education credit, they can provide sound advice for individuals who are dedicated enough to sit through them and take notes.

5)Online Classes and Conferences Online classes and conferences are also beneficial forms of business training. Many people do not have time in their already busy schedules to sit in a classroom for several hours a week at a specific time. Online classes allow them to do their work at their own convenience and gain college credit at the same time. College courses follow the same format as conventional college classes except students are able to work from home. Most online classes will transfer to regular classroom credits if the student chooses to return to a more traditional college setting.