Accounts Sba Essay Example for Free

Accounts Sba EssayThe aim of my project is for me to arrive at a comprehensive understanding of the financial sector of the business world. To draw up the financial records for the year 2009 for Jens Supermarket and to footnote on the entitys performance using appropriate tools of Analysis Description and Overview Jens Supermarket is a true and simulated entity owned by Jenevonne Kirton, who is the sole proprietor. Jens Supermarket is a developed supermarket which sells a variety of sustenance items and miscellaneous goods, serving most of the island in its convenient location. The supermarket employ fifteen staff along with Ms.The capital letter at beginning was 202800 while at end it was 208165 which showed an increase by 5365 at the end of the month. Suggestions/Recommendations underway Ratio It is recommended that Jens Supermarket 1. Uses the excess money to expand the business by opening another supermarket. 2. stick in new product to the business and purchase new e quipment. Gross Profit It is suggested that Jens Supermarket should 1. Source cheaper suppliers to accelerate the demand of goods so profitability would be greater at the end of the month. 2. Offer new promotions any week and offer the customers raffles at a chance to win prizes at the end of the year.These argon given to help Jens Supermarket increase unwashed profit and sales. Conclusion It is clear that Jens Supermarket keeps fitted records for the business to demonstrate the profitability over the financial period for the month. It could however, increase the current ratio and gross profit by incorporating the suggestions/recommendations outlined. Nevertheless Jens Supermarket made a good net profit for the month of December in 2009. Overall based on the performance of the business Jens Supermarket was able to call a profit of 6365 despite the low sales of 104 850.