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Micro enterprize

Information Technology for the Micro enterprise

This study looks at the best of breed technology tools and methods to empower the micro enterprise. We will look at the prevalent techniques used in different parts of the world and tailor it for Indian industry.

Micro enterprise or the small business culture had dominated the economy both in the developing nations as well as in the industrialized nations. We will look at the recipe of success for this sector of the economy.

To make the micro enterprises succeed in this competitive market-place.

The project will emphasize linking information and communications technology with entrepreneurship skills development to apply to micro enterprise. Such a fusion of technology will help to develop a competitive edge for the business.

We will examine the most common business scenarios facing companies of their size, and how they can adopt information technology to succeed, create and sustain growth. We will focus on a full review of information technologies in these such areas (but not limited to): accounting & bookkeeping, operations & inventory management,

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This section will tackle basic accounting concepts such as profit & loss and balance sheets, as well as business process re-engineering issues such as matching the tools to the way you want to work. Data mining tools predict future trends and behaviors, allowing businesses to make proactive, knowledge-driven decisions.

Most companies already collect and refine massive quantities of data. One of the most potent tools, will be the use of Data Mining technology for Business Intelligence. These form the basic pillars of the enterprise and any of these pillars cannot be weak. They scour databases for hidden patterns, finding predictive information that experts may miss because it lies outside their expectations. Data mining tools can answer business questions that traditionally were too time consuming to resolve.

Accounting & Bookkeeping

Accounting is extremely important to enable small businesses success, and technology can help. Micro-enterprises that will adopt such information technology solutions will benefit from saved time and money, increased revenue, improved service, more robust structure, increased efficiency and improved profits. But how do these technologies work and what do they mean for you? How much do these technologies cost and what does it take to set up? This seminar will help you answer that question and introduce you to the principles and concepts you need to how to plan, implement and maintain a sound computer network infrastructure.

Operations & Inventory Management

Unable to tell your customers when goods can be made available? Struggling to track supplier interactions? Is processing a sale a cumbersome process? Are you drowning in increasing number of orders? The Operations analysis will touch on the fundamentals of Inventory Management, Order Taking, Point of Sale and Scheduling tools that can help streamline business processes from the warehouse to the sales counter. Such cutting edge technology is easy to harness if the correct infrastructure is in place.

Unique Proposition

We will use technology to the fullest extend to make the micro enterprise succeed. We propose to do so by preventing solos of information in the enterprise by creating a database environment that supports data warehousing and data marts for data mining. We'll discuss the right accounting software program to integrate with online services, interactions with different departments or functions, using computer based tools to perform accounting processes is the beginning of coordination of all of the business intelligence.

Approximate Word count = 814
Approximate Pages = 3 (250 words per page double spaced)

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