Services of the Gym-Free-Samples for Students-Myassignmenthelp

Questions: 1.Outline the Business or Records Systems that will be needed for your Business. 2.Develop Business or records system specifications and Performance Indicators to monitor and address system effectiveness including relevant Organisational policies, strategies and procedures. Answers: 1.Being in the business of gym requires to maintain a large amount of data about the people who are availing the membership, the amount of hours they are availing in the gym and the overall finances related to the same needs to be maintained. There is few basic records maintenance policy that every organization needs to follow. A correct recording system helps in managing the work more efficiently and also helps in developing better customer staff relationship. If proper system is not used then it might affect the overall financials of the company very badly. Care must be taken to ensure that before applying and implementing any such system proper market research must be done, expert opinion must be taken(Arnott, et al., 2017). Systems must always be installed on trial basis to record how is it functioning and the initial results must be monitored and compared with expectations. In this way there are little chances of any discrepancies occurring. There are various software available in the market that helps in marinating effective records in a gym. These systems are based on various points like there must not be issue in the management of the records and provide variety of services and owners can choose the best software that suits their need(Belton, 2017). The best software that will be suited for this new gym business would be Glofox. It is a very popular record maintaining system for gym, it is specially tailored made to suit the requirements of the gym, fitness studio and Pilates studio and variety of other fitness related centre. Thus for the gym business this will be best suited. This software will help in managing the variety of tasks like scheduling member management, billing reporting and check in. Thus a large number of manual tasks can be streamlined through the use of these applications. It also helps the gym members and the owners in contacting each other through the use of Glofox app. Thus it helps in making the task easy and can also be helpful for the people in maintain a proper schedule and proper check point of their schedule and thus they can manage it well(Kew Stredwick, 2017). This is how Glofox can help the business is flourishing and getting more customers that will help them in the long run to sustain a better c lient relationship. Along with the same software can be used to maintain the check in and checkout time of the customers to see how much time they are spending in the gym and whether or not they are paying for the same. In this way proper time tracking can be done and extra charges for working for more than stipulated time can be billed accordingly. There are various other software available but for a new growing business these two are the most important and the gym company must use the same(Trieu, 2017). 2.Maintenance of this software and their implementation requires certain policies and guidelines that the company needs to follow to make sure that there are no compliance issue and timely audit of the same is also required so that in the long run the system can effectively. The people who are involved in choosing the software implementing and regulating the same must be made aware of these policies and should make sure that proper application of the same is there. For financial reporting the ASIC's Regulatory index - financial reporting breaks down the various requirements that are needed for this system and to operate the same. Every company before installing the new system needs to follow the same. The company can appoint expert people who have good knowledge about the same so that there are no compliance issues with the same. This is the initial requirement that the company needs to take care of while installing the new system(Belton, 2017). The company also appoint a separate te am for doing market research and development to make sure that there are no loopholes in system administration, these system are very expensive and every company must invest wisely. The company also needs to provide training to the employees so that the company can function effectively and the new system can be implemented without any hindrances. Employees are the one who will be using the system so it is important that they know how to use the same, and make sure that if they face any issue timely help is provided through authorized sources(Arnott, et al., 2017). The customers who are availing the gym services must be made aware on how they can use the app. They can get the app installed on their smart phones and use it as and when needed. It will help them to solve a large number of problems and also avail the best services that the gym has to offer. The company can also employ expert people who can manage the accounts and get it audited as and when needed. The main aim of the gym supervisor is to make sure that these record maintaining systems are timely updated with all information being provided time and again(Kew Stredwick, 2017). If there are any discrepancy then the owners must be informed. It must also be seen that the system that are installed for recording the time of the people who are availing the services of the gym must be checked always on frequent basis to make sure that there are no discrepancy in the same. These are the few ways by which the business can grow and apply the system for recording of various transactions(Guraga i, et al., 2017). References Arnott, D., Lizama, F. Song, Y., 2017. Patterns of business intelligence systems use in organizations. Decision Support Systems, Volume 97, pp. 58-68. Belton, P., 2017. Competitive Strategy: Creating and Sustaining Superior Performance. London: Macat International ltd. Guragai, B., Hunt, N., Neri, M. Taylor, E., 2017. Accounting Information Systems and Ethics Research: Review, Synthesis, and the Future. Journal of Information Systems: Summer 2017, 31(2), pp. 65-81. Kew, J. Stredwick, J., 2017. Business Environment: Managing in a Strategic Context. second ed. London: Chartered Institute of Personnel and Development. Trieu, V., 2017. Getting value from Business Intelligence systems: A review and research agenda. Decision Support Systems, Volume 93, pp. 111-124.