RedFlag was created for the combination of existing market needs:
1. There are six million small to mid sized businesses in the United States.
2. 90% of new businesses fail within 5 years. Mainly because they do not know how to read financial indicators to increase working capital.
"Business Analyst" is the tool for the layman to discover historical trends in their business with a goal towards understanding financial indicators. It creates easy to read reports in charts and graphs to refine and restructure businesses to increase cash flow and net profit.
3. Most Business Owners or Department Managers have expertise in a few specialized areas. They are usually highly skilled, however, without complete knowledge of the entire functions and problems of running a business.
4. A majority of small and medium sized businesses do not have business plans that they update, long range goals, historical records of problems, or past responses to problems and their solutions.
With "Business Analyst", any Business Owner or Department Manager can enter data of the financials of previous and present months, quarters, or years and create a financial picture of their company�s history. The program shows trends indicating where the business has performed well, and where the problem areas are. Red Flag�s Business Systems Development Modules then take over and step by step, instruct the Business Owner and Department Manager on how to correct the problems, in the areas of:
* Clerical Performance Standards
* Employee Training Program
* Estimating Procedures
* Inspection & Quality Control
* Job Cost Control
* Job Evaluation
* Keyman Incentives
* Machine Loading
* Material Handling
* Material Stock Control
* Material Substitutions
* Objective Planning
* Personnel Relations
* Plant Layout
* Production Performance Standards
* Production Planning
* Profit & Expense Control
* Purchasing & Inventory Control
* Sales Planning & Controls
* Sales Training & Techniques
* Schedule & Labor Forecasting
* Tool Development Control
* Wage Incentive Plan
5. Business Owners and Managers hire outside consulting companies to come in correct problems. We know this is an invaluable service, however, we believe at too high a cost. The average priced consulting firm would charge $1,500 per day plus expenses. The average time it takes them to correct a problem would be 60 hours or $9,000. With expenses, the total would be $12,000, to correct a particular problem in any business.
It can be loaded onto an IBM 486 or compatible PC, with Microsoft Windows 3.1 or higher. It gives you the same results as a mainstream Business Consulting Company, but at a fraction of the cost. In addition, RedFlag has a Personal Consulting Service Department whose Representatives can answer any questions you have regarding data input, output interpretation and application of results. The first hour comes free with the purchase of "Business Analyst". For additional hours, our confidential Personal Consulting Department Representatives will share their years of expertise with you for $100 per hour. The investment for one year is flat fee of $1,200, or $100 for one hour per month. Additional hours are billed at $80 per hour, a 20% discount. Customers can enroll in the hourly service on a quarterly basis, with a cost of $200 per quarter or $800 per year and $100 per additional hour.
Users investing in a Personal Consulting Service Department Contract receive an hour free with the initial purchase. They also receive a free hour with the purchase of any subsequent new modules. Upgrades are free for any customer who is enrolled in the Personal Consulting Service Department Contract on the module that they have purchased. Upgrades for those customers not enrolled in this service will be $99.
6. The current business software market does not include an analyst/consultant program.
RedFlag knows that the knowledge it provides is an invaluable tool for the business community in particular and the economy as a whole. We wanted to make this knowledge available to the entire business community whether they are a half-million dollar business, or a multi- million dollar business.
7. Businesses have a limited budget to invest in business management improvements and training of staff.
Product and Service Description
RedFlag provides Business Owners and Department Managers application software to analyze and refine their businesses with a goal of increasing net profits. Our first offering, "Business Analyst", will walk the Business Owner or Department Manager through formulas to determine the status of different areas of business, including sales, planning, job description, performance standards, inventory control, profit and expense, office and accounting procedures and employee company view.
This program can be used in any type of computer based business including:
* Service
* Manufacturing
* Retail
* Job Shop
* High Tech
* Health Care
* Wholesale
* Restaurant
"Business Analyst" asks for data about each business and how it runs form the point of view of:
1. Employer
2. Employee
3. Company Plan
4. Mission Statement
5. Company History
6. Future
Our goal will be to allow integration of pre-entered data from other software sources. Data will be collected in the following areas:
CATEGORY
* Employer
* Employee
* Business Plan
* Mission Statement
* General
ITEMS
* Net Revenue/Sales
* C.O.G.S.
* Gross Profit
* Total Operational Expense
* Net Profit
