Please help write this assignment. You plan to open a small business and want to establish an accounting information system (AIS) to help you in day-to-day operations. In a 3-4 page paper: Describe...

Establishing an Accounting Information System for a New Small Business
Student Name
2nd Apr 2024
Introduction
In the cu
ent business landscape, where sustainability and environmental consciousness are becoming increasingly important, establishing an efficient and effective accounting information system (AIS) is crucial for the success of any organization, regardless of its size or industry. As an aspiring entrepreneur, I plan to open a small business that specializes in selling eco-friendly and sustainable products. This paper will outline the details of my proposed business, discuss suitable accounting software options, and explore how new IT and AIS can help achieve my business goals while promoting environmental responsibility.
Business Description
My business, "Green Living Emporium" is envisioned as an online retail platform dedicated to promoting eco-friendly living by offering a curated selection of environmentally conscious products. Our diverse product line will cater to consumers seeking sustainable alternatives for their everyday needs, ranging from household essentials to personal care items and energy-efficient appliances.
At the core of our business lies a commitment to minimizing environmental impact by prioritizing ethically sourced and responsibly produced goods. We will collaborate with manufacturers and suppliers who share our values and adhere to sustainable practices throughout their operations. Our reusable and biodegradable household items, such as eco-friendly cleaning supplies, zero-waste storage solutions, and compostable tableware, will empower customers to reduce their reliance on single-use plastics and contribute to waste reduction efforts.
Furthermore, our organic skincare and beauty product range will provide customers with natural and cruelty-free options, free from harmful chemicals and synthetic ingredients. We will also offer sustainable fashion accessories, including versatile bags, accessories, and clothing items made from recycled or eco-friendly materials, promoting a circular economy approach to fashion.
Recognizing the increasing demand for energy efficiency, Green Living Emporium will curate a selection of appliances and home electronics that prioritize low energy consumption and eco-friendly design. By providing these options, we aim to support our customers in reducing their ca
on footprint and em
acing a more sustainable lifestyle.
Em
acing the circular economy model, which focuses on eliminating waste and continually reusing resources, is a key pillar of our business strategy. According to the World Economic Forum (2020), this approach could generate annual economic benefits of $4.5 trillion by 2030. Green Living Emporium aims to contribute to this global initiative by offering products designed for reuse, repair, and recycling, thereby promoting closed-loop systems and minimizing waste generation.
By adopting a circular...