Thesis (Point of Sale System)
CHAPTER I
INTRODUCTION
“Our belief at the beginning of a doubtful undertaking is the one thing that assures the successful outcome of any venture”
Starting up small businesses is a risky venture, particularly for first-time entrepreneurs. Taking a cautious approach and starting small is the best way to launch a small business. Entrepreneurs should avoid investing so much of their personal money that they would be financially ruined should the small-business venture fail. Starting a service business allows a skillful entrepreneur with a specialized background to capitalize on his skills to the fullest potential, sometimes earning more than they could work as an employee plying the same trade. They often doing more of the same things that made them successful in the first place and so are the humble beginnings of “LNKS”.
They are the first t-shirt store in their place. June 2010 “LNKS” was built at Doña Erika Brgy. Zone 2, Talisay City by Achilles Palma, Christian Sausa, Rodzil Camato, Mary Ver Libo-on and Shiera Mae Tuting, group of friends since they were in college. The primary target of the business is the schools that surround the establishment and also the near offices, houses, community and passersby from other cities. The products of this business are produced to meet the customer’s new life style, sense of taste and expectations for better quality less expense t-shirts. Method of transportation is provided to facilitate an efficient distribution of the products to the respective customers. Promotion and advertisement of our products is applied. The investors are the owners of this business and it is now successfully booming in the industry. Honesty and professionalism is what the owners believe that makes the business stand still for a long time. LNKS is using manual system in every transactions and it’s hard for the cashier because it is time consuming and sometimes mistakes can’t be avoided.
1.1 Organizational Background
LNKS is an exciting new business
INTRODUCTION
“Our belief at the beginning of a doubtful undertaking is the one thing that assures the successful outcome of any venture”
Starting up small businesses is a risky venture, particularly for first-time entrepreneurs. Taking a cautious approach and starting small is the best way to launch a small business. Entrepreneurs should avoid investing so much of their personal money that they would be financially ruined should the small-business venture fail. Starting a service business allows a skillful entrepreneur with a specialized background to capitalize on his skills to the fullest potential, sometimes earning more than they could work as an employee plying the same trade. They often doing more of the same things that made them successful in the first place and so are the humble beginnings of “LNKS”.
They are the first t-shirt store in their place. June 2010 “LNKS” was built at Doña Erika Brgy. Zone 2, Talisay City by Achilles Palma, Christian Sausa, Rodzil Camato, Mary Ver Libo-on and Shiera Mae Tuting, group of friends since they were in college. The primary target of the business is the schools that surround the establishment and also the near offices, houses, community and passersby from other cities. The products of this business are produced to meet the customer’s new life style, sense of taste and expectations for better quality less expense t-shirts. Method of transportation is provided to facilitate an efficient distribution of the products to the respective customers. Promotion and advertisement of our products is applied. The investors are the owners of this business and it is now successfully booming in the industry. Honesty and professionalism is what the owners believe that makes the business stand still for a long time. LNKS is using manual system in every transactions and it’s hard for the cashier because it is time consuming and sometimes mistakes can’t be avoided.
1.1 Organizational Background
LNKS is an exciting new business
References: 7-Eleven (2011, February 13). Point of sale. Retrieved (February 20, 2011) from http://www.7eleven.com.ph/AboutUs/CompanyProfile/tabid/94/Default.aspx E.C Pay (2012, February 13)