Training on and Tools for Small Business Skills needed!

The women of Yoshinkhel are trying to build up a professional small business from their knitting skills...but they lack the necessary business skills and tools for setting up a business!
Can you help them by developing an online training or tools/files/software specific to their needs? Or would you even be willing to come to Yoshinkhel as volunteer? Or do you have experience you would like to share?
Though Sabina is a student of management and accounting, she knows the theory but still needs a practical handling system to work the small business effectively and efficiently.

Dear all,
Anybody with business skills among us? Sabina sent me the following list of what she would need in order to efficiently manage the knitting business. Also any other suggestions are welcome!
It would be much appreciated if any neighbours could develop some online learning tool, training and linked files/software that Sabina and the women could use...now that we'll soon have a website to promote the products we really need the skills to manage the business too!
Best, Angelika
1. Knitters management
1. Unit of production with wage per unit (different)
2. Wool Record (in and out) /wool with knitter /wool in Stock
3. Amount (labor cost) to be distributed on monthly basis
4. Knitter Turnover
Etc need suggestions for more
2. Order management
1. Order Record by customers
2. Delivered Units
3. Balance units to be produced
3. Invoicing to the customers
4. Credit management
5. Draft inquiry letters
6. Accounting system
1. direct material cost
2. indirect material cost
3. indirect manufacturing cost
4. finished goods cost
5. WIP
6. Selling and distribution cost
7. Trial balance
8. Profit and Loss
9. Balance sheet
10. Reports
7. Printing formats
Invoice
Production order
Reports
Hi Angelika,
I want to get this job off and running. The calendar, website and catalog seem to be coming out well.
I am a bit confused about this one though. Are we looking for some kind of software or program to manage and record things like cash flows etc? Or are we looking for a group of excel files that can be updated regularly with all the details on costs, revenues, orders etc.?
Also, will customers be able to order online from the website - esp those buying in bulk at wholesale rates?
I might have more questions for you and Sabina as we progress.
Thanks
Freddie
Yes we need some kind of software package or program which will calculate above things and keep records also . whole tools for small business.
FYI, this knitting business will be categorized under manufacturer,wholesaler,retailer and exporter. This is my wish.
Yes customer can order online from the website who want to buy bulk at wholesale rates.
Before that let our website be ready and prepare for export as well as prepare to manage effectively.
Sabina
There is a great website - www.mango.org.uk where they have all the material necessary for keeping accounts - as well as a manual for training in keeping accounts - look in the publications. I hope this will be of some use to you.
Regards
Genna
Hi Sabina,
you're facing a number of steps to get this thing of the ground. First, you need to set up a chart of accounts that represents the processes of the knitting business. Secondly, we should try to find readily available free accounting software. (Building this from scratch is far too complicated.) I use free software for my own firm, and it suits me just fine. Thirdly, the software should be installed on a pc and should be customized to your needs (using the chart of accounts in step 1). The next step is to set up master data (customers, suppliers, etc.) and your starting balances. Finally, there should be some training for the people that will use the system.
For starters, I could help you by setting up your chart of accounts (step 1 above). To be able to do this, I would have to understand all processes that take place in the knitting business (i.e. procurement of wool, manufacturing process, customer ordering, delivery, etc.). I could draw up a questionnaire for you to start with. I should be able to draft a chart of accounts from your answers. if we're satisfied with the chart of accounts and the posting schemes (i.e debet, credit posting schedule for all activities in the knitting business), we can try to find software that can be customized to your need.
Let me know your thoughts,
Wilfred.
Great ideas!
Thanks for your inputs. Please send me your questionaire to start working on chart of accounts.
regards
Sabina
Will start working on questionnaire and will send it to you as soon as possible.
Hi Sabine, I've included a questionnaire as an attachment to this post. In the questionnaire I also drafted a proposed solution on how to (financially) follow your manufacuring process. Please let me know what you think so I can make adjustments for your situation.
Hi Wilfred ,
Here is attached reply to your questionnaire. I have put question mark where i didn't understand.
Hope it helps you to creat chart of accounts and financial software package for our yoshinkhel project.
If any more questions, please let me know . I will try my best to reply as per my knowledge and time.
Thanks a lot.
Sabina
HI Sabina,
I've uploaded the first draft of the financial posting scheme and chart of accounts. It might be a good idea to give me some feedback on this first draft, and let me know if this is going in the right direction for you. I can then try to make it more suitable for your business. Please note that there are several sheets in this Excel-file. My suggestion would be that we try to make everything work on paper first (that is, both the posting scheme and the full COA) before we start selecting and implementing a software package.
Do not hesitate to contact me directly (wilfredsleeman@yahoo.com).
Thanks,
Wilfred.
Tks Wilfred for your hard work.
Reg.COA, in my opinion in direct manufacturing cost it should be only material, labour and transportation cost (in carriage) and remaining item which are shown in direct cost should be in indirect manufacturing cost if i'm right.
additional materials : 1. packing material (plastics)
2. Lining warm cloth (voering)
needles : not necessary to include
Hoping to see updates.
tks
sabina
Hi Sabina. I just joined Nabuur. I've been looking at this project and have been thinking about how I can contribute.
So I thought I'd try and introduce to you a free accounting software. Take a look at the website and let me know if it seems to complicated.
http://www.gnucash.org/
It is a free software.
Bobby
--
The first step is the hardest. What follows is an adventure and where you end is all up to you. Take that step.
hi sabina first i want to know that do you know hindi because i am an indianso ican talk to you in hindi also
now for your information knitting business is very profitable business
i have done for 3 years i want to discusswith you now when you are going to do this business to train them you should go step by step quality is more important then quantity is is dificult in bigning but after it bring money you should give a name to your product after some time you can understand what is accounting than it is requare to take proper traningof accounting than you can understand eyerything i have some knitting machine in india they are automatic but they are not run by powerthey are japany machine they are operated by hand one woman can make 3 full swaters in a day you can give them moneypayment for number of swetersnot day wise so there is a comptition between them you can chat with me after that i had started an industry then my product have chand
pratibha
--
pratibha
Hello Bob,
Welcome and thanks for joining us.
I just visited http://www.gnucash.org/ but couldnot locate from where to download accounting package to test. Could you please check and intruct me how to download it.
Tks.
Sabina
Sabina didi,
The file is too big to download. I know the connection there isn't very fast. So sorry to have misled you.
Otherwise, for anybody else interested:
Click on the following link and click on gnucash-2.2.9-setup.exe [It's the second one]. That will start the download.
http://sourceforge.net/project/showfiles.php?group_id=192&package_id=202...
--
The first step is the hardest. What follows is an adventure and where you end is all up to you. Take that step.