Ryan Feemster University Of Phoenix Ms. Kessel Acct 561 Small Business Idea Paper Week 2 12/24/2012 Small Business Idea Paper A business can create large sums of income for an entrepreneur or entrepreneurs. Most future business owners have an idea of what type of service or product to offer. Deciding the type of business organization to become can be a tough decision. Whether the it be a sole proprietorship‚ partnership‚ C- Corporation‚ S- Corporation‚ or a Limited Liability Corporation
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Strategic planning determines where an organization is going over the next year or more‚ how it ’s going to get there and how it ’ll know if it got there or not. The focus of a strategic plan is usually on the entire organization‚ while the focus of a business plan is usually on a particular product‚ service or program. There are a variety of perspectives‚ models and approaches used in strategic planning. The way that a strategic plan is developed depends on the nature of the organization ’s leadership
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Introduction A small business defined as “independently owned and operated‚ is organized for profit‚ and is not dominant in its field” (The US Small Business Administration‚ 2014). According to The US Small Business Administration (2014)‚ the standard size of a small business in the manufacturing and mining industry is 500 employees at most and $7.5 million in average annual receipts for many nonmanufacturing industries. Owning a business can be an endeavor that offers abundant advantages.
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SMALL SCALE BUSINESS MANAGEMENT This programme comprises modules for learners who intend to start small businesses‚ or are already running some. They may choose those modules that are of interest to them‚ or do the entire programme. The courses enable learners to run businesses successfully and be able to source funds from financial institutions. Programme components There are a total of 10 modules‚ each divided into two topics. Learners who are interested in doing the entire programme leading
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everyday‚ American consumer. The “Small Business Saturday” campaign composed by American Express was an initiative that has stuck with me since it’s initial beginning‚ and I was delighted to see that it had gained award-winning recognition. American Express launched the campaign on November 27th‚ 2010 alongside PR partners‚ M Booth. Essentially‚ the campaign addressed the question of‚ “On the busiest shopping weekend of they year‚ what will make consumers “shop small business”?” While American Express is
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BMGN N480 Entrepreneurship& Small Business Management Student Name; ID; Section: Business idea description: Cosmetic industry is an industry that maintains a steady growth as cosmetic items have become a necessity for women rather than a luxury. It is a multi-billion dollar industry worldwide and has seen a tremendous growth in the recent years. It is still a growing industry in the Middle East region as most of the items are imported rather than produced locally. Research indicates that
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entrepreneur in a small business‚ his opinion was “a person who takes control of his or her own destiny to become self employed either by setting up a business or taking over from someone else.” The purpose of this report is to investigate the nature of small business-owner-managers in the Information Technology industry and their managerial environment. The analysis comparison will be looking individually at the two entrepreneurs and their respective business as a small business owner-manager operating
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IT in Small Business Success 1-Information Technology contributed in the success of Sew What? Inc. Examples: *Launching the company website. IT contributed by networking in this success. The demonstration of this conclusion: -they acquired clients from all over the world and their revenue has been growing more than 45% per year. *Running out most of their business with Intuit’s Quick-Books Enterprise solutions (which helps you to streamline the critical operations of your business and boost
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Small business network management: just another job or an exciting career? Managing a small business network can be tough work‚ but it is a fun and exciting career‚ than provides endless opportunities for learning new technologies and ideas. Although this is a good career choice‚ there are many times where this job can be frustrating and tough. The frustrating times come when mission critical equipment fails‚ or a configuration file gets corrupted. First I will talk about the equipment needed to
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1. Investigate performance of a selected small business enterprise. 1.1 J&S furniture is a furniture manufacturing company owned by two brothers John and Smith. J&S started operations in 2006 and there is a satisfactory growth in this business since then. However there are fall in turnover in some months as well. J&S import wood from Asian countries and manufacture furniture. Company had been able to get massive discounts from its suppliers because of bulk buying so this had helped them to keep
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