Binder's Bookstore
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."Don't be caught unaware. In today's business world, being on top of things is the name of the game-and online competitive intelligence is the winning play." (Carroll, 2002) Binder's 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, Binder's identified its
Binder's vision will aid in the success of reaching projected revenue targets while competing with the large retails. However, our staff of three and our manual cash register can just not keep up with the business any longer. The financial limitations make it necessary to clarify needs and wants. Our timeline is also fueling this project, as our competition, Barnes and Noble, is moving across the street in just five weeks. This is something that we want to automate to work with the point of sale computer and inventory. Thus far, we have made a decision to automate and are doing our due diligence to ensure that we have planned correctly and analyzed the needs of the business. (Smith, 2004) Binders will always be there for our customers that appreciate the human approach. However, we also want to keep up with the pace of our competitors and not lose ground. The technology that a mass retailer can provide is convenient for customers. Currently, the second phrase captures the business requirements that include: inventory; customer database and marketing. 1) Define goals2) Identify the target audience3) Establish your budget and source of funds4) Identify your resources5) Define the timeline for various actions6) Be ambitious but minimize show-stoppers7) Ensure your organization is ready8) Measure the results (Cerella, 2003)This framework assists us in defining our situation and helps us to stay on task. This small bookstore has grown dramatically in the last 15 years. Recently an article in Business week shared ". The most obvious challenge to us was the organization of the project. The partners are commitment that every customer feels at home and shares in the quality of our service and the product we offer.
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,
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Acceptance Essays
