Contracted-out Bookkeeping selected

Jan 14

Contracted-out Bookkeeping selected

DIY Market research started, Cost = £0, Effort = 30 hours

DIY competition research started, Cost = £0, Effort = 30 hours

Production quantity changed to 3

enabled auto calculate production.

Selected new supplier: SourceLine

Owner working hours changed to 26 hours per week

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This month you purchased 162 components at a cost of £378 and you produced 3 products. At the end of the month you held 2 products and 0 components in stock.

Orders in the previous month generated sales in this month to a total value of £441. Variable costs were £378 and fixed costs were £92, giving total costs of £470 and a net profit of -£12.

You had 3 sales enquiries, leading to orders for 3 units to a value of £1,323, which will be satisfied next month.

In terms of your bank account, you received £458 and paid out £50. The resulting change in your bank balance (or cashflow as it is known) was £408, leaving you with a closing balance of £10,406. You can see more detail in the cashflow report.

Info Message: You planned to build 3 products in January.

Action Message: You have completed competition research. Go to the competition research page to view the results

Action Message: You have completed market research. Go to the market research page to view the results

Warning Message: Overwork is making you tired, which will increase your stress level.

Advice Message: You need to choose the selling points for your marketing strategy.

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Feb 14

Selling points changed: 1 = Extreme Quality, 2 = Extreme Performance, 3 = None.

Selling points changed: 1 = Extreme Quality, 2 = Extensive Features, 3 = Extreme Performance.

Target segment changed to Solo Businesses.

Joined business networking group. Effort = 2 hours set-up + 3 hours per month.

New Premium website created, designed by a web designer, supported by a web designer, setup cost = £1,000, setup effort = 6 hours, support cost = £45 per month, support effort = 4 hours per month.

New Large Advert, created by a consultant, media = Local Paper, to be repeated 12 times, cost = £2,220, effort = 2 hours

Owner working hours changed to 9 hours per week

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This month you purchased 54 components at a cost of £1,134 and you produced 1 product. At the end of the month you held 0 products and 0 components in stock.

Orders in the previous month generated sales in this month to a total value of £1,323. Variable costs were £1,134 and fixed costs were £3,471, giving total costs of £4,605 and a net profit of -£3,270.

You had 2 sales enquiries, leading to orders for 2 units to a value of £882, which will be satisfied next month.

In terms of your bank account, you received £453 and paid out £4,594. The resulting change in your bank balance (or cashflow as it is known) was -£4,141, leaving you with a closing balance of £6,254. You can see more detail in the cashflow report.

Info Message: You planned to build 1 product in February.

Action Message: You have published a Local Paper advert running for 12 months

Action Message: You have completed building a Premium website

Action Message: You have a local business club allowing you to attend monthly events.

Warning Message: A significant proportion of time last month was spent idle. Try to look for ways to occupy your workforce.

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Mar 14

Base Price changed to £590

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This month you purchased 108 components at a cost of £756 and you produced 2 products. At the end of the month you held 0 products and 0 components in stock.

Orders in the previous month generated sales in this month to a total value of £882. Variable costs were £756 and fixed costs were £149, giving total costs of £905 and a net profit of -£11.

You had 2 sales enquiries, but these led to no orders

In terms of your bank account, you received £1,334 and paid out £513. The resulting change in your bank balance (or cashflow as it is known) was £821, leaving you with a closing balance of £7,062. You can see more detail in the cashflow report.

Info Message: You planned to build 2 products in March.

Action Message: You attended the monthly meeting of your business club.

Advice Message: Arrange for some customer research to give you an accurate picture of the way your product is perceived by your customers.

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Apr 14

Owner working hours changed to 3 hours per week

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This month you purchased no components. You didn't produce any products. At the end of the month you held 0 products and 0 components in stock.

You had no orders last month and so didn't sell any products, meaning your income was zero. Variable costs were £0 and fixed costs were £145, giving total costs of £145 and a net profit of -£134.

You had 8 sales enquiries, but these led to no orders

In terms of your bank account, you received £452 and paid out £891. The resulting change in your bank balance (or cashflow as it is known) was -£439, leaving you with a closing balance of £6,612. You can see more detail in the cashflow report.

Info Message: You are not planning to build any products this month.

Action Message: You attended the monthly meeting of your business club.

Advice Message: Arrange for some customer research to give you an accurate picture of the way your product is perceived by your customers.

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May 14

Production quantity changed to 3

Owner working hours changed to 11 hours per week

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This month you purchased 162 components at a cost of £0 and you produced 3 products. At the end of the month you held 3 products and 0 components in stock.

You had no orders last month and so didn't sell any products, meaning your income was zero. Variable costs were £0 and fixed costs were £142, giving total costs of £142 and a net profit of -£131.

You had 13 sales enquiries, but these led to no orders

In terms of your bank account, you received £11 and paid out £135. The resulting change in your bank balance (or cashflow as it is known) was -£124, leaving you with a closing balance of £6,481. You can see more detail in the cashflow report.

Info Message: You planned to build 3 products in May.

Action Message: You attended the monthly meeting of your business club.

Advice Message: Arrange for some customer research to give you an accurate picture of the way your product is perceived by your customers.

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Jun 14

Personal Selling hours changed to 60

Personal Selling lead generation changed to diy research.

Owner working hours changed to 24 hours per week

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This month you purchased no components. You didn't produce any products. At the end of the month you held 3 products and 0 components in stock.

You had no orders last month and so didn't sell any products, meaning your income was zero. Variable costs were £0 and fixed costs were £313, giving total costs of £313 and a net profit of -£305.

You had 14 sales enquiries, but these led to no orders

In terms of your bank account, you received £9 and paid out £1,427. The resulting change in your bank balance (or cashflow as it is known) was -£1,419, leaving you with a closing balance of £5,042. You can see more detail in the cashflow report.

Info Message: You are not planning to build any products this month.

Action Message: You attended the monthly meeting of your business club.

Advice Message: Arrange for some customer research to give you an accurate picture of the way your product is perceived by your customers.

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Jul 14

Base Price changed to £490

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This month you purchased no components. You didn't produce any products. At the end of the month you held 3 products and 0 components in stock.

You had no orders last month and so didn't sell any products, meaning your income was zero. Variable costs were £0 and fixed costs were £315, giving total costs of £315 and a net profit of -£307.

You had 17 sales enquiries, leading to orders for 9 units to a value of £4,410, which will be satisfied next month.

In terms of your bank account, you received £8 and paid out £297. The resulting change in your bank balance (or cashflow as it is known) was -£288, leaving you with a closing balance of £4,735. You can see more detail in the cashflow report.

Info Message: You are not planning to build any products this month.

Action Message: You attended the monthly meeting of your business club.

Warning Message: Overwork is making you tired, which will increase your stress level.

Advice Message: Arrange for some customer research to give you an accurate picture of the way your product is perceived by your customers.

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Aug 14

Owner working hours changed to 37 hours per week

Customer contract created. Cost = £350, Effort = 4 hours.

Owner working hours changed to 38 hours per week

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This month you purchased 324 components at a cost of £3,402 and you produced 6 products. At the end of the month you held 0 products and 0 components in stock.

Orders in the previous month generated sales in this month to a total value of £4,410. Variable costs were £3,402 and fixed costs were £667, giving total costs of £4,069 and a net profit of £349.

You had 19 sales enquiries, leading to orders for 26 units to a value of £12,740, which will be satisfied next month.

In terms of your bank account, you received £1,968 and paid out £643. The resulting change in your bank balance (or cashflow as it is known) was £1,325, leaving you with a closing balance of £6,036. You can see more detail in the cashflow report.

Info Message: You planned to build 6 products in August.

Action Message: You have completed the creation of a customer contract

Action Message: You attended the monthly meeting of your business club.

Warning Message: Overwork is making you tired, which will increase your stress level.

Advice Message: Arrange for some customer research to give you an accurate picture of the way your product is perceived by your customers.

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Sep 14

Owner working hours changed to 80 hours per week

Limited Company set up. Cost = £100, Effort = 8 hours.

Owner working hours changed to 74 hours per week

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This month you purchased 1404 components at a cost of £9,828 and you produced 26 products. At the end of the month you held 0 products and 0 components in stock.

Orders in the previous month generated sales in this month to a total value of £12,740. Variable costs were £9,828 and fixed costs were £442, giving total costs of £10,270 and a net profit of £2,483.

You had 19 sales enquiries, leading to orders for 21 units to a value of £10,290, which will be satisfied next month.

In terms of your bank account, you received £12,753 and paid out £2,673. The resulting change in your bank balance (or cashflow as it is known) was £10,079, leaving you with a closing balance of £16,079. You can see more detail in the cashflow report.

Info Message: You planned to build 26 products in September.

Action Message: You have completed the formal setup of your company

Action Message: You attended the monthly meeting of your business club.

Warning Message: Overwork is making you tired, which will increase your stress level.

Advice Message: Arrange for some customer research to give you an accurate picture of the way your product is perceived by your customers.

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Oct 14

This month you purchased 1134 components at a cost of £7,938 and you produced 21 products. At the end of the month you held 0 products and 0 components in stock.

Orders in the previous month generated sales in this month to a total value of £10,290. Variable costs were £7,938 and fixed costs were £309, giving total costs of £8,247 and a net profit of £2,056.

You had 20 sales enquiries, leading to orders for 12 units to a value of £5,880, which will be satisfied next month.

In terms of your bank account, you received £2,463 and paid out £10,110. The resulting change in your bank balance (or cashflow as it is known) was -£7,647, leaving you with a closing balance of £8,405. You can see more detail in the cashflow report.

Info Message: You planned to build 21 products in October.

Action Message: You attended the monthly meeting of your business club.

Warning Message: Overwork is making you tired, which will increase your stress level.

Advice Message: Arrange for some customer research to give you an accurate picture of the way your product is perceived by your customers.

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Nov 14

Owner working hours changed to 60 hours per week

Production method changed to contracted out

Contracted out production quantity changed to 12

Business owner now full time.

Owner working hours changed to 34 hours per week

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This month you purchased 648 components at a cost of £4,536 and you produced 12 products. At the end of the month you held 0 products and 0 components in stock.

Orders in the previous month generated sales in this month to a total value of £5,880. Variable costs were £5,616 and fixed costs were £828, giving total costs of £6,444 and a net profit of -£560.

You had 22 sales enquiries, leading to orders for 23 units to a value of £11,270, which will be satisfied next month.

In terms of your bank account, you received £5,885 and paid out £9,811. The resulting change in your bank balance (or cashflow as it is known) was -£3,927, leaving you with a closing balance of £4,443. You can see more detail in the cashflow report.

Info Message: You planned to build 12 products in November.

Action Message: You attended the monthly meeting of your business club.

Warning Message: Low pay is affecting your quality of life, which will increase your stress level.

Advice Message: Arrange for some customer research to give you an accurate picture of the way your product is perceived by your customers.

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Dec 14

Production quantity changed to 19

Contracted out production quantity changed to 19

Base Price changed to £530

Production method changed to in-house

Contracted out production quantity changed to 0

Owner working hours changed to 54 hours per week

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This month you purchased 1026 components at a cost of £6,426 and you produced 19 products. At the end of the month you held 2 products and 0 components in stock.

Orders in the previous month generated sales in this month to a total value of £8,330. Variable costs were £6,426 and fixed costs were £815, giving total costs of £7,241 and a net profit of £1,094.

You had 29 sales enquiries, leading to orders for 10 units to a value of £5,300, which will be satisfied next month.

In terms of your bank account, you received £9,805 and paid out £5,318. The resulting change in your bank balance (or cashflow as it is known) was £4,488, leaving you with a closing balance of £8,897. You can see more detail in the cashflow report.

Info Message: You planned to build 19 products in December.

Action Message: You attended the monthly meeting of your business club.

Warning Message: 1 orders could not be satisifed this month. They will be added to next months orders.

Warning Message: Cramped workspace is affecting your efficiency. In total, 45 hours were lost. Either move to larger premises or store less stock.

Warning Message: Overwork is making you tired, which will increase your stress level.

Warning Message: Low pay is affecting your quality of life, which will increase your stress level.

Warning Message: You failed to produce enough products to satisfy the orders taken last month

Advice Message: Arrange for some customer research to give you an accurate picture of the way your product is perceived by your customers.

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Jan 15

Components to be purchased changed to 911

Production method changed to contracted out

Contracted out production quantity changed to 14

Owner working hours changed to 33 hours per week

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This month you purchased 756 components at a cost of £6,048 and you produced 14 products. At the end of the month you held 0 products and 0 components in stock.

Orders in the previous month generated sales in this month to a total value of £8,240. Variable costs were £7,308 and fixed costs were £856, giving total costs of £8,164 and a net profit of £82.

You had 32 sales enquiries, leading to orders for 17 units to a value of £9,010, which will be satisfied next month.

In terms of your bank account, you received £7,636 and paid out £9,260. The resulting change in your bank balance (or cashflow as it is known) was -£1,624, leaving you with a closing balance of £7,235. You can see more detail in the cashflow report.

Info Message: You planned to build 14 products in January.

Action Message: You attended the monthly meeting of your business club.

Warning Message: Low pay is affecting your quality of life, which will increase your stress level.

Advice Message: Arrange for some customer research to give you an accurate picture of the way your product is perceived by your customers.

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Feb 15

Owner working hours changed to 35 hours per week

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This month you purchased 918 components at a cost of £6,426 and you produced 17 products. At the end of the month you held 0 products and 0 components in stock.

Orders in the previous month generated sales in this month to a total value of £9,010. Variable costs were £7,956 and fixed costs were £813, giving total costs of £8,769 and a net profit of £247.

You had 24 sales enquiries, leading to orders for 9 units to a value of £4,770, which will be satisfied next month.

In terms of your bank account, you received £7,266 and paid out £7,604. The resulting change in your bank balance (or cashflow as it is known) was -£338, leaving you with a closing balance of £6,866. You can see more detail in the cashflow report.

Info Message: You planned to build 17 products in February.

Action Message: You attended the monthly meeting of your business club.

Warning Message: Low pay is affecting your quality of life, which will increase your stress level.

Advice Message: Arrange for some customer research to give you an accurate picture of the way your product is perceived by your customers.

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Дата добавления: 2015-09-29