Tailwaggers: Affordable Pet Products for Your Furry Friends

School: Southern New Hampshire University - Course: ACC 202 - Subject: Accounting

Report for Tailwaggers Introduction Come on down to Tailwaggers, where we have all your favorite pet needs in one place. We offer a large variety of different pet products and supplies to ensure that we have just what you are looking for. Our mission is to keep prices low and affordable for our customers, while offering high quality, comfortable pet products. Tailwaggers started out as an idea, but in 2022, we opened our first store. Our mission is to provide durable, yet comfortable products for your pet's needs, while also keeping the prices lower than our competitors. We strive to provide higher quality products at a lower price to gain business and grow a loyal customer base. Our 5-year plan is to grow and expand the company to be more widespread and to set up a website online where customers can have their orders shipped to them. The purpose of this report is to go over the financial statements that break down the budget plans we have in place. It will also display the income patterns of our company so far. These financial statements explain that our numbers are accurate and that our plan for future growth is obtainable. I plan to communicate the budgeting plan for our company, as well as our future growth plans. We plan to go over the performance, sales, and pricing. Investors should pay attention to our company, because being able to deliver with our affordable pricing has shown a spike in the sales and a profit in income. This shows investors that there are obtainable growth plans in place. Methods and Approach As part of our promise at Tailwaggers, we are using management approaches to make sure that our financial team establishes a suitable and effective costing method. We want reliable and accurate records of our financial information. We plan to establish a realistic budget and

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