Nazir, Usman and Tabrazee, Haroon (2016) Khazanay.com set their accounts straight. In: 2nd International Case Study Conference (ICSC 2017), 30th-31st October 2017, Adya Hotel, Langkawi Island, Kedah, Malaysia.

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Abstract

Khazanay.com, an online portal selling used stuff online, is started by two enterprising young individuals in November 2015, Usman and Farid. Setting up the business was a tough task to conquer for used goods business is different from regular trading because of the inconsistent quality of procured products and the additional complexity of grading the products for quality. Further, identical goods are non-existent as every item is unique.The marketing end is also complicated as customers know that the good is already used and would have signs of wear and tear.However, equipped with healthy corporate training, quality education, unwavering commitment and persistence in getting the idea to work, both entrepreneurs managed to develop and maintain a process where the business has become profitable within one year.Being professional accountants, both entrepreneurs are aware of the importance of Financial Reporting, and their accounting prowess has been one of the main factors of their success.This case study talks about the entrepreneurial journey and how financial reporting may help a start-up in the initial phase.

Item Type:	Conference or Workshop Item (Paper)
Additional Information:	eISBN: 978-967-11030-6-7 Institute for Management and Business Research (IMBRe) Universiti Utara Malaysia
Uncontrolled Keywords:	Entrepreneurship, Small Business Accounting, Accounting, Financial Statements
Subjects:	H Social Sciences > HF Commerce > HF5601 Accounting
Divisions:	Institute for Management and Business Research (IMBRe)
Depositing User:	Mrs. Norazmilah Yaakub
Date Deposited:	15 Feb 2018 01:41
Last Modified:	15 Feb 2018 01:41
URI:	https://repo.uum.edu.my/id/eprint/23419

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