Can someone read the side notes andhelp me with the Executive Summary, Regulations (Summary and Action Items), Management ( Summary and Action Items), Finance and Accounting (Summary and Action Items), and Financial Statements (Summary and Action Items).

Simulation: http://extmedia.kaplan.edu/business/AB298_1203B/simulation/index.html

Business Analysis T'Ebony Brown Associates Capstone in Accounting - Kaplan University Executive Summary After analyzing Tim's Coffee Shop in its current condition, I would not say it is the perfect business to invest in by purchasing it, but I would also not define it as a lost cause. There is evidence of profit, even in the current state of Tim's Coffee Shop. There are evident issues with the shop being out of date, which will need to be corrected promptly upon purchase. All of the visual and outer perception of the shop is not the most important, although it will not go unnoticed, but the organization and the inside areas of the shop will need to be fixed as well. Documentation and papers that are legally necessary need a better filing system. A business can be profitable all it wants, but not following laws set by federal, state, and local governments can immediately destroy even the most profitable businesses. After purchasing Tim's Coffee Shop, I would suggest beginning from the inside and working outward towards appearance by changing or revising the way things are done and the way they look one area at a time. The purchase of Tim's Coffee Shop will include a lot of work in the beginning, but the effort will add to the already profitable shop and also ensure that not only is the new owner protected, but the employees and the customers are happier with the shop. It is important that with new management comes changes. It is evident that customers have complaints that have not been taken into consideration because the complaints on file still go along with the way the shop's condition remains. Regulations Summary There are strict regulations set by not only federal government, but also state and local governments. It is necessary for a business owner to be familiar with all laws and regulations so that they can ensure they are safe from any fines, lawsuits, or possibilities of prosecution due to failures to comply. \"The Federal Trade Commission (FTC) oversees and regulates advertising and marketing law in the United States. The U.S. Department of Labor oversees federal employment and labor law; however, individual states also have their own specific laws. The Federal Trade Commission (FTC) regulates and oversees business privacy laws and policies that impact consumers\" (SBA, 2014). The Department of Labor covers a broad range of regulations that are to be followed by business owners that protects everyone in the business from the owners and investors to the management and other employees. The focus for Tim's Coffee Shop will be on the safety and health standards set by the Department of Labor. A specific notice should be given to the requirements of OSHA. \"The Occupational Safety and Health Act of 1970 (OSH Act) is administered by the Occupational Safety and Health Administration (OSHA)\" (DOL, 2014). Action Items OSHA requires business to have and keep displayed a Job Safety and Health: 'It's the Law' poster. All federal, state, and local regulation posters must be posted so that they are visible at all times. This is not the case currently at Tim's Coffee Shop. The current board is covered in all sorts of papers and notes that block the view of these mandatory posters. Upon purchase of Tim's Coffee Shop, I would suggest that the board be reorganized. There could be an additional board added in the room for the purpose of regulation and law posters, or the already existing board could be better organized. This could be done by simply separating the board into sections. One would obviously be for the mandatory required displayed items, another for business postings, such as, employee of the month and other announcements for the employees, and a third for the communication among employees that may occur, such as shift needed to be covered, individuals requesting more hours, invitations, and other personal matters. Management Summary \"Management involves coordinating and overseeing the work activities of others so that their activities are completed efficiently and effectively\" (Robbins, 2014, pg.8). Management will need some tending too as well. This makes them responsible for planning, organizing, leading, and controlling operations in the business. Even though every level of management is responsible for some part of each of the four steps in business, the beginning of it all starts with the owner. The start of the business will rely on the standards set by the owner. The planning out of all the details of operation will be passed down to each level of management accordingly. In the case of Tim's Coffee Shop, the owner is the top manager. At least one other person should be in a management position, most likely an assistant manager. They would be responsible for not only continuing to ensure the originators plan is followed through, but also to ensure that the lower levels of employment are doing their part in the business. Action Items Looking at the employee reviews for the current employees at Tim's Coffee Shop, it is evident that management is not exactly involved in the business, as it should be. It is also evident that management is not necessarily committed to bettering the business and growing the company when looking at the reviews done periodically for the employees. The new owner should stress the role of management and teach the employees the standards and ethics they would like followed during the course of the business. The managers will need to understand the importance of the employee reviews and know that not only is the act of performing the evaluations important, but following up on problems addressed during the evaluation on the individual employees is just as important, and in fact makes the time and effort put into the evaluations worthwhile. The current evaluations show trends for the individual employees, which gives an impression that the employees are not held accountable for their actions to the degree that they should be. I think the new owner will need to incorporate more professionalism when it comes to management and the duties they are expected and required to follow through with so that the business can continue to grow and can increase in profitability over time. Finance and Accounting Summary \