Q1. came as a manager to the Managing Director (MD) asking him to give me an employment. He said how  much  do I want  as  salary  per month. I  told  him  H80,000.00.  He further ask,  what  value can I add to the business can I give the organization or the investment N2,000,000.00 per month. What would be your answer as  a manager?

 Q2. How many records do you keep in your organization or investment?

 Q3. What is your budget in each quarter concerning marketing you business?

 Q4. Even if your business is a one man business do you normally organize Annual General Meeting (AGM) at the end of the year, looking at your strength and weakness?

 Q5. As manager or Managing Director, do you  know how to cut  down on cost? E.g. imp-rest system has to be applied.

 Q6. As a business man or woman, do you have a  target  for  your business in a month, quartly, or year, on where you want your financial position to be, e.g as sales man can you make (N5,000) a day. Your weekly target would be

Weekly

7 x 5,000

35,000

Monthly

4 x 35,000

140,000

Yearly

52 weeks x 35,000

7,280,000

 Q7. Do you Know that you need to have a daily sales target for that your investment e.g. daily, weekly, monthly or yearly? How do you know?

 Q8. What is your 5-50 year development plan, call it short term  or long term. What are the first things you consider under the arrangement

 Q9.  When you hear Manager complained that customers are not coming to patronize your business, what do you do to bring customers to your business as a Manager or Managing Director?

 Q10. From, your profit, how much do you save on a daily basis concerning that investment of yours?

Q11. Most modern day Managers and Directors complained that, if they leave their business premises people e.g.  sales  person  will  seal  their goods. It is true. So what do you need to know?

 Q12. As a Manager or Director,  do you  know how to  value your stock  in that investment or organization or yours?

 Q13. What control measures have you put in place as the Manager  or  chief executive officer (CEO), as a check to control that stock?

Q14. Since you started your investment or business as a Manager or

M.D. when last did you attend a business seminar  for the growth  of your investment

 Q15. Attitude is everything about a business, as a top manager what is your attitude towards your customers?

 Q16. As a trained Manager, do you know how to determine your loyal customers

Q17. As the Manager or Director of your own investment, when last did you send a thank you message to your customers* Do you know it results

Q18. We are told that, what is permanent about  life  is  change,  what level of knowledge do you have about the levies you pay tax?

 

Q19. As a Manager or Director of that small business do you know the different types of taxes you need to pay?

  1. PAYE
  2. Sanitation
  3. Business Premises RenewalPermit
  4. TenementRate
  5. Economic DevelopmentLevy

  Q20. As a business mugu /manager or M.D. have you made an effort to capture your business/investment on pay direct with Rivers State Internal Revenue Service (RIRS} or Federal Inland Revenue Service (FIRS)?

 Q21. Is your investment registered with Corporate  Affairs  Commission, so that you gain  other  benefit  that  is  associated  with  registration of your business?

 Q22. No matter how your business small, do you  have a  tax  consultant  to advice you on your matters

 Q23. If you ask us to advise you, we can also handle all your vehicle particulars and issue  of  making  use  of  wrong  agent  would  have been a thing of the past in your organization.

 

Q24. As a tailor/seamstress, do you know how to deliver on your mandate concerning that services that you provided

 Q25. What insurance policy as a Manager are you ready to pick concerning that your business? Who is your adviser?

 Q26. As a Manager or Managing Director, you should know the three motive for holding money- it’s very necessary for the growth of every business*

  1. TransactionaryMotive
  2. SpeculativeMotive
  3. PrecautionaryMotive

 

Q27. What is the feasibility study you have to present on the issue of capacity building before your enter into that new line of business.

 Q28. Do you know to prepare Profit and Loss Account for your organization? And extract a Balance Sheet. Do you  also know how to separate trading, profit and loss at the end of every periodP

Q29. As an Accountant in your organization,  Manager  or  Chief Executive Officer (CEO). Do you know how to calculate your consolidated income tax  for  your  organization /investment  How do you handle your manufacturing accounts?

 Q30. As the M.D/Manager, when last did you brief the members of staff of your organization or hold meeting with them and direct them on the issues of growth about their investment.

 Q31. We performed special services on the following areas:

  • Vehicle particular g. drivers’ license, insurance, platenumber.
  • Information gathering/formregistration
  • We present seminars /training and
  • Very important, we advise on how to cut down on cost in yourbusiness 
  • We advise on how to get tax clearance certificate both FIRS and RIRS.
  • We give advice on how to get  your  Tax  Identification  Number(TIN) FIRS and 
  • If you have a child that is in SS1 — SS3 want to enter  intouniversity we can give you material that will guide  him  or  her for It is titled 111 ways of unlashing your potential in academics.

 Q32. As a Manager, Managing Director or CEO, do you know how to prepare Trading, Profit and  Loss  Account  and  Balance  Sheet  at the end of the accounting period?

 Q33. As a Manager or Chief Executive of your  organization  when last  did you conductor a financial intelligent test for your self and your staff.