DEFINITION OF SMALL BUSINESS: There is no precise definition of a small business. Some would consider a business as small if it has no more than a specified number of employees. Other would like to believe a business as small that limits its scope of operation to the local market area. Yet others may prefer to classify a business as small on the basis of nature of firm‚ such as the local medical store‚ clothing store‚ service station or a jewelry store. WRITERS’ DEFINITION: “A small business is defined
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Assala‚ Ethiopia‚ is the place I was born. It was a small‚ poverty-stricken village where we had limited access to healthcare. There is a lack of good cardiovascular surgeons in Ethiopia. “ I can not play or run any longer” was a phrase that I heard from one of my good friends at a young age. I remember my young friend suffering from heart disease in sixth grade‚ but he couldn’t get the proper medical attention because he didn’t have the money to go outside of Ethiopia to get the treatment he needed
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Article Summary Small Business and Entrepreneurship Does More Mean Worse? Three decades of enterprise policy in the Tees Valley – Storey 3 distinct phases of enterprise policy in the UK: - 1970: no effective enterprise policy - 1980: an attempt to increase the number of start-ups - 1990: concentration on business quality This paper argues that the policies in the 80’s had little impact on economic growth because of an increase in number of new firms led to a fall in quality of
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The impact of Social Media on small businesses Contents Introduction Chapter 2 a. History of social media b. Problem statement 2 Research question 2 Interpretation 3 Scope 3 Methodology 4 Project type 4 Models and theories 4 Structure 4 Data collection 4 Criticisms of data 4 Literature Review 5 Social media platforms suitable for B2B 6 Benchmark 11 Key success factors that affect the social media marketing 13 Industries that can benefit from using social media
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For a small business to have health code violations is not uncommon. Even when a good offer like being seen over a couple thousand dollars it is unethical for an owner to take the offer. Even though the health inspector shouldn’t be offering a bribe one should never take up on an offer that cuts corners. If you cut little corners you will be tempted to cut more and more. Even if its looked over another inspector will eventually need to come in again. This choice would make a store publicly look
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HOW SMALL BUSINESS BUIDS RELATIONSHIP WITH its CUSTOMERs – A CASE OF TOP CURLS BEAUTY SALON- ACCRA‚ GHANA. Introduction According to Gronroos (1997)‚ marketing in relational terms means “To establish‚ maintain and enhance relationships with customers and other partners‚ at a profit so that the objectives of the parties involved are met. This is achieved by mutual exchange and fulfillment of promises”. As to whether a business will profitably benefit from investing in relationship with its
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In India there are many small entrepreneurs setting up an e-commerce model for their businesses. Ecommerce can be fruitful for an organization over the web only if there is a solution to an existing customer problem. This paper aims at introducing basic e-commerce concepts to entrepreneurs who wish to set up an online model (Internet). To setup an online business one needs to get a domain name (for ones website)‚ which is generally ones business name or generic word which also includes a dot com
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Ethiopia has one of the strongest histories of any country in Africa. With the exception of a brief Italian occupation that only lasted five years Ethiopia has remained independent for the rest of their history. However that does not mean that the country has not had its fair share of political and military battles. The most recent change of power was in 1991 when the former military junta or coup groups that had gained power collapsed. The military group was known as the Derg and was plagued by
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Major problems facing small scale enterprises One major problem in Nigeria’s business environment is inadequate power supply. This and other factors are responsible for the problems and low performance of small scale enterprises and these problems seem to have to defied all efforts by government to address them. The problems over the years have equally kept foreign investors on the run despite Nigeria’s efforts to lure them to invest in the country.In this edition‚ Saturday Vanguard went to town
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GBB 3093 Small Business and Entrepreneurship CASE STUDY SM Digital Press & Stationery Sdn Bhd BY CHIN HAN SHEN 12548 MAKUACH JAMES MAKENY 11749 YUDI SETIAWAN 13500 24th APRIL 2012 TABLE OF CONTENTS LIST OF FIGURES iii Chapter 1 introduction 1.1 SM Digital Press & Stationery Sdn Bhd 1 1.2 Vision‚ Mission‚ and Values 1 1.3 Industry Analysis 2 Chapter 2 Strategic
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