OVERLOOKED TOPIC IN THE FINANCE MODULE OF SMALL BUSINESS MANAGEMENT AND ENTREPRENEURSHIP COURSES Submitted by Thomas J. Liesz University of Idaho (208) 885-5447 (office) tliesz@uidaho.edu Steven J. Maranville University of Houston-Downtown One Main Street Houston‚ TX 77002-1001 (713) 221-8524 maranvilles@uhd.edu Submitted to Small Business Institute Journal The authors wish to acknowledge the valuable comments of two SBIJ reviewers Small Business Institute Journal‚ Volume 1‚ 2008
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THE ROLE OF SMALL SCALE INDUSTRY IN NATIONAL DEVELOPMENT IN NIGERIA Ayozie Daniel Ogechukwu‚ Delta State University‚ Abraka‚ Delta State‚ Nigeria‚ The Federal Polytechnic‚ Ogun State‚ Nigeria Abstract A business whether small or big‚ simple of complex‚ private or public is created to provide competitive prices. Business in Nigeria has been classified as small‚ medium and large. In both the developed and developing countries‚ the government is turning to small and medium scale industries‚ as a means
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The small business I would like to start would be a candy store. This paper will define strategic management‚ planning and explain why a strategic plan is important to the success of this business‚ and explain the four functions of management relative to creating and implementing a strategic plan. Strategic Management is the groundwork for a company ’s vision and allows a company to be ready to capitalize on opportunities. Strategic management is a process of evaluating a company ’s mission‚ establishing
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In hypothetical terms‚ the firm was bound to go into losses in the first few months of establishment. The objective we had prioritised was to establish the company quickly with minimal losses‚ which then could be easily recovered over a short time period. We firstly did the essential market research. This would give us a market audit‚ allowing us to precisely plan both short-term and long-term strategies‚ ensuring that we don’t have any confusion and see exactly what our goal is. Along with the
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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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Small Business Versus Entrepreneurship I came across an article that took my interest‚ it was written by Peter I. Hupalo about small business and entrepreneurship. The article discussed how he hated small business and that got me thinking. The author talks about how he hates small business that he couldn’t imagine a couple working away to earn $50‚000 a year running their own shop. They have no company sponsored health insurance or even buy their own‚ no retirement 401(K) plan‚ pension plans‚
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Small-Business Marketing Strategy Ricky Branch Strayer University BUS330 Prof. Beverly Williams 11 August 2012 Small-Business Marketing Strategy Marketing Strategy in a Small Business A small business is one that mainly has an independent ownership and operation. Its operation is organized for profit and has no dominant field. The number of employees in a small business depends on industry or rather its operation and standards size of its eligibility
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01. INTRODUCTION What is a small business? A small business refers to a designation for firms of a certain small size which fall below certain criteria (that varies from country to country) in terms of annual turnover‚ number of employees‚ total value of assets‚ and other factors which may be used. Small businesses are common in many countries‚ depending on the economic system in operation. Typical examples include: convenience stores‚ other small shops (such as a bakery or delicatessen)‚ hairdressers
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THE ROLE OF SMALL BUSINESS IN ECONOMIC GROWTH AND POVERTY ALLEVIATION IN WEST VIRGINIA: AN EMPIRICAL ANALYSIS By Gebremeskel H. Gebremariam1 Tesfa G. Gebremedhin‚ and Randall W. Jackson RESEARCH PAPER 2004-10 ABSTRACT: The main objective of the study is to empirically evaluate the critical roles of small businesses in economic growth and poverty alleviation in West Virginia. In OLS and 2SLS regression analysis a positive relationship exists between small business and economic growth. A
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Small businesses in the United States are on the rise‚ and Presidential Candidate‚ Hillary Clinton‚ has taken this opportunity to win over the hearts of small business owners and entrepreneurs across the United States by expounding on her proposal to help small businesses succeed. According to the Augusta Press in the article “Hillary Clinton Releases Small Business Plan” (Graham‚ 2016)‚ Clintons devotion to implement change for small businesses derives from her childhood when her father ran a drapery
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