Small Business Management Net Cash Flow Statement

Question: Discuss about theSmall Business Managementfor Net Cash Flow Statement. Answer: Net Cash Flow Statement (Including the Net Income): Particulars Amount Amount Revenue $ 240,000.00 Market research Communication $ 9,600.00 Rent $ 8,400.00 Market channels $ 14,400.00 Customer Acquisition,Retention Others $ 60,000.00 Repairs and maintenance $ 2,400.00 Accountant $ 2,400.00 Office supply, equipment and Materials $ 36,000.00 Purchases $ 30,000.00 Salary $ 4,800.00 Advertising $ 7,200.00 Total expenses $ 175,200.00 Net Income $ 64,800.00 Net income mainly represents the value, which comes after deducting totals costs from revenue. Being a small business Visavis mainly has to focus more on advertisements, as attracting potential candidates could increase the operations of the company. The company could conduct adequate marketing strategies by adopting new social media platforms, which might help in increase its online presence (Dubois et al., 2015). Furthermore, the low costs incurred by the company mainly help in increasing the overall profits. However, after the effective evaluation of the above table, net income is mainly assumed at $64,800 with projected revenue of $240,000. However, an increment in the overall cost could be deducted in customer acquisition, which needs to be controlled for improved profitability. However, in the initial stage the expenses incurred is essential for promoting the overall business. Furthermore, effective comparison of net profit with relative competitors could be conducted to detect the overall performance of the business. The overall fluctuations in profit could be detected during commencement of the business. However, if the overall profit margin is maintained throughout the operational years then the profits attained could effectively help in improving business process (Kik et al., 2014). Reference: Dubois, P., De Mouzon, O., Scott?Morton, F., Seabright, P. (2015). Market size and pharmaceutical innovation.The RAND Journal of Economics,46(4), 844-871. Kik, S. V., Denkinger, C. M., Chedore, P., Pai, M. (2014). Replacing smear microscopy for the diagnosis of tuberculosis: what is the market potential?.European Respiratory Journal,43(6), 1793-1796.