Accounts Sba Essay

The take in of my project is for me to arrive at a comprehensive understanding of the financial welkin of the line of credit world. To draw up the financial records for the year 2009 for Jens Supermarket and to comment on the entitys performance using give up tools of Analysis Description and Overview Jens Supermarket is a actual and simulated entity owned by Jenevonne Kirton, who is the sole proprietor. Jens Supermarket is a developed supermarket which sells a variety of food items and multilateral goods, serving most of the island in its commodious location. The supermarket employ fifteen staff on with Ms.The capital at beginning was 202800 man at end it was 208165 which showed an amplification by 5365 at the end of the month. Suggestions/Recommendations Current dimension It is recommended that Jens Supermarket 1. Uses the excess money to brandish the blood by opening other supermarket. 2. Introduce recent product to the business and purchase new equipment. Gross pe lf It is suggested that Jens Supermarket should 1. Source cheaper suppliers to facilitate the deal of goods so favourableness would be greater at the end of the month. 2. Offer new promotions every week and offer the customers present at a chance to win prizes at the end of the year.These are assumption to help Jens Supermarket increase raw advance and sales. Conclusion It is clear that Jens Supermarket keeps adequate records for the business to demonstrate the advantageability 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 make a good net profit for the month of December in 2009. boilersuit based on the performance of the business Jens Supermarket was able to make a profit of 6365 despite the low sales of 104 850.