unit 10 mt490 bachelors internship in management

ATC’s 6.0 & 7.0

A Team Consulting (ATC)

Glynda CarMicheal, Frank LaPrade, Demetreaus Moore,

Shannon Oberlin, Tracy Reynolds, Woody Dessources

MT 490-01 Bachelors Internship in Management

Submitted by: Frank LaPrade

Professor Blake Escudier

Purdue Global University

ATC’s 6.0 & 7.0

6.0 Operational Management Plans Overview

ATC will be open seven (7) days a week, twenty-four (24) hours each day. Each store owner is responsible that all orders are processed. All store owners have their designation or responsibility to ATC and its operation. The store owner has their job designation according to ATC’s organizational flow chart.

6.1Technology

A-Team Consulting will acquire a web-server to host the e-commerce website, and will run on a windows based operating system. We will use server-software that will be an application software and database server. Also, that will process the data consumers input to purchase product from our on-line retail store. Web tools will enhance visual appearance of the website. A database system is needed that will store information about the products and services recorded from the website, and have networking that will enhance sharing of information between departments.

6.2 Website Design Requirements

The process of purchasing from a website needs to be simple with easy-to-understand ordering directions. Also, shipping instructions must be consumer friendly. The use of the web page is to focus on the customer with content and navigation to be visible. The website design will be reviewed according to sales and remodeled when needed.

6.3 Fulfillment Operations

Flow chart of the drop-shop business.

6.4 Operational Storyboard/Chart

1. Retailer (A-Team Consulting) ATC develops product with supplier and the niche to sell products.

2. ATC partners with CQ Group International Limited.

3. ATC develops website and displays the EleCycle product.

4. Consumers view and purchases product on website.

5. ATC managers authorizes purchase and a wholesale payment to dropship supplier (CQ Group International Limited).

6. CQ Group International Limited (supplier) packs and sends product to customer.

7.0 Financial Planning Overview

A-Team Consulting (ATC) consist of 6 equal owners who all work together collectively. Each owner has a specific role they play in the collective efforts of our business. We will create company positional requirements, and bylaws/procedures will be put in place so that everyone is following them, for each ownership job position, in case there is an ownership change.

7.1 Financial Requirement for Store Owners

ATC EleCycle is a small on-line e-commerce retail store. Since there are minimal required start-up costs the six owners will provide 1/6th the start-up costs. The financial requirements of the store will consist of the following: domain registration, on-line webpage design, web-host to maintain site, virtual marketing, and any state/federal taxes or fees for licenses/permits.

The cost of the web-host is paramount and the web-host must be dependable and capable of all marketing changes performed by the company. ATC does not carry inventory so site maintenance must be discrete and a continuous process by the web-host. The store-front of the store is our marketing tool and must be clear and concise. Different social media sites must be capable of driving customers to our store-front without being technically problematic. Conflict with key marketing schemes will not be allowed by search engines used by possible consumers.

ATC store owners will be required to go through personal background checks if financing is required (just like any other loan). If the drop-shipping company requires other checks and balances to enlist their products, then each store owner will have to meet their requirements to be considered an equal partner. If other requirements are needed, then the owners may enlist the help of an attorney to settle disputes. Some required documents might be: personal background checks, ATC individual business plan, credit reports, tax returns, financial/bank statements, and any other legally required by law legal documents.

The following are possible owners start-up costs:

· Name registration – This can be done on line by visiting the secretary of state website for the state you will be based out of. They will show a cost to register the business name, and if it is available for use.

· File for Articles of Incorporation/LLC/Personal Service Corporation- You will need this document when you have to open a business bank account. This can be a three to six month wait on receiving your documents.

· File for Copyrights/Trademark/Company Logo – There is also a waiting time to collect your documentation, but it is worth it. This will keep your company logo safe from other persons using it for unauthorized use.

· Purchase a Domain Name/Web Hosting Site – There are several different companies out there that sell this service. We will choose the one that offers the most for their service, buy remain cost effective.

· Tax ID number – This is required of all businesses. There is a number you can call to obtain this number, and or apply online. You would have to first determine the type of filing your company will be doing.

· Open a Business Account - The bank will require your business filing paperwork, your tax ID number, and all legal documentation related to the business. All 6 owners will need to have to show identification and social security cards to have listed on the account.

· Apply for a Business Loan/Personal Investments – A-Team Consulting will have to determine if we will apply for a business loan or deposit our own personal monies to invest in our startup business.

· Business Plan – Some banks will require a business plan to accompany your loan application. Showing projected sales income and profit and loss and balance sheet.

7.2 Cost Structure, Annual Sales Forecast, and Break Even Analysis

Suggested retail cost taken from Laporte (2018), also, using 100% mark-up from $1250 (supplier cost) to $2500 cost to consumer.

7.3 Tax Implications

All tax requirements will be handled through ATC’s accountants. The accountant will be responsible for maintaining all applicable laws and regulations and communication of them to the six store owners. All individual store-owner’s tax’s will be the responsibility of each storeowner. ATC is not liable for individual store-owner’s liability of tax, either state nor federal.

Reference

Laporte, J. (2018). Topic: Bicycle Industry in the U.S. Retrieved from https://www.statista.com/topics/1448/bicycle-industry-in-the-us/