Budget & Timescales

A financial model may be necessary for a cost – benefit analysis.

Ensure the Budget covers all aspects:

• Software, including on-going annual fees
• Hardware infrastructure and network
• Web hosting
• External consultancy if necessary for conversion, implementation, training etc.
• Staff overtime for the implementation
• Insurance
• Contingency
• Personnel changes

Identify benefit & savings:

• Removal of old system
• Better control over margin
• More responsive sales process
• Personnel changes
• Stock days