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Small Business Management Transactions

To remain competitive and profitable, it is critical that your small business team work collaboratively and productively. Thanks to advancements in affordability and access to high-speed Internet, there is now a complete business management system solution available to support this by tying all operational functions together so that "the parts contribute to the whole" and "the whole contributes to the parts."

Thanking Your
Industry Expert and
Educational Champion


Operational Scenario

Below is an example of a typical small business scenario where…

  • One system
  • Offers multiple users
  • Seamless access
  • To multiple functions
  • Which drive financial reporting and tracking
  • To support improved
    • Management decision-making,
    • Profitability and
    • Long-term sustainability.

Business Management Control System
Sample Business Transaction Flow

Business User Business Transaction Flow
Sales Rep or Web Site Customer Enter Sales Order or update shopping cart
Triggers inventory to confirm availability
Triggers shipping cost calculations based on customer address and order details
Production Manager Receives notice of any outstanding order items not yet produced
Schedules production
Triggers available supply
Triggers purchasing to order any production items needed
Notifies vendor of items ordered
Triggers accounts payable for items ordered/received
Sales Manager Approves Sales Order
Triggers shipping request
Sales/Web catalog adjusted by quantity, SKU, catalog ID, markup amt./%, UPC ID
Shipping Dept. Generates packing slip
Confirms shipment (full or partial)
Triggers billing request
Bookkeeper Generates customer invoice
Invoice is sent via email and/or mail
Accountant Cost of Goods Sold tracked and updated
General ledger accounts posted to accordingly
Owner Immediate access to financial status at any point in time from anywhere via the Internet
Peace of mind with complete control over productivity, profitability and sustainability

About Your Educational Champion

"NetBooks revolutionizes the way small businesses are managed by delivering a complete small business management control system that integrates sales, production, inventory, shipping, bookkeeping, marketing, VRM and CRM and supports multiple users in a secure online environment."

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Note: This information is presented to provide a general overview of small business options and related services. It is not intended to be an exhaustive representation. Data has been compiled by the Knowledge Institute for informational purposes only. Content is provided on an "as is" basis and is not intended to, nor does it, provide advice or create a customer relationship between the Knowledge Institute, BUZGate™ and/or any other organization named herein, and any reader.

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page updated: August 28 2008
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Thanking our Small Business Edutorial Champions...

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