Thursday, March 19, 2020

Binders Bookstore essays

Binder's Bookstore essays As partners of Binders Bookstore, we have collectively chosen to automate our business. There is a need for our company to be computerized; the manual approach is not cohesive. We need to investigate our needs and evaluate the products available to suit our company. It is imperative to move our bookstore into the technological age due to the high volume of sales, and competition. The management team at Binders will create an information system that will more than double the productivity and revenue. Dont be caught unaware. In todays business world, being on top of things is the name of the game-and online competitive intelligence is the winning play. (Carroll, 2002) Binders Bookstore is at a major crossroads with their business practices. After being in business for 15 years, they need to reevaluate their current situation in regards to office automation. The three owners have chosen to create a business plan to facilitate this process. As a planning tool, the business plan guides you through the various phases of your business. A thoughtful plan will help identify roadblocks and obstacles so that you can avoid them and establish alternatives. (SBA) In the first phrase of planning, Binders identified its background, business needs, purpose, constraints and assumptions. Currently, the second phrase captures the business requirements that include: inventory; customer database and marketing. Binders vision will aid in the success of reaching projected revenue targets while competing with the large retails. We opened Binders 15 years ago with a vision, to provide our local customers an inviting atmosphere and a variety of reading material. We know our customers by name and can always suggest new arrivals. However, our staff of three and our manual cash register can just not keep up with the business any longer. We need to do more than revamp; we need to i...

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