INTRODUCTION A small business is a business that is privately owned and operated‚ with a small number of employees and relatively low volume of sales. Small businesses are normally privately owned corporations‚ partnerships‚ or sole proprietorships. The legal definition of "small" varies by country and by industry‚ ranging from fewer than 15 employees under the Australian Fair Work Act 2009‚ 50 employees in the European Union‚ and fewer than 500 employees to qualify for many U.S. Small Business Administration
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to the study 1 1.2 Problem Statement 3 1.3 Objectives of the Study 4 1.4 Research Questions 4 1.5 Significance of the study 4 1.6 Scope of the Study 4 1.7 Limitations 5 1.8 Organization of The Study 5 Chapter 2 6 2.1 Small Business Defined 6 2.2 Challenges of Small Business 6 References 8 1.0 Introduction Many businesses begin operations on a shoestring‚ and some entrepreneurs never seek bank loans or other outside funding. However‚ many new and established businesses lack the managerial
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Article: Information technology: a growth navigator for small scale industries in India Small scale industries (SSI) have a significant role in the Indian economy in view of its contribution to production‚ employment‚ and export. However‚ since 1991 small scale industries in India find themselves in an intensely competitive environment due to globalization‚ domestic economic liberalization‚ and dilution of sector specific protective measures. The formation of World Trade Organization in 1995 also
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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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same end product‚ are done on a much larger scale in industry. The aspects they may differ in are equipment‚ time taken‚ and many other things. In this report I will explain how and why laboratory and industrial scale differ using the example of preparation of aspirin. The first difference is that instead of weighing the 2-hydroxybenzoic acid on scales on a work bench in a beaker as you would in small scale‚ it is easier and safer to weigh it onto scales‚ in a plastic bag on the floor. This is easier
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P1.1 PRODUCE A PROFILE OF AN SBE Angel Mining plc – Angel Mining is a company determined to grow‚ expand and manage its operations effectively. This business plan will provide information and step-by-step procedures to achieve those goals. This year for Angel Mining was undeniably better than 2011. Some of the improvements are – Raising Funds that enabled a significant decline in net debts Production and retrieval of gold from Nalunaq Smooth operations at Black Angel Business
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THE STATE OF SMALL & MEDIUM ENTERPRISES (SMEs) IN DUBAI A report by Dubai SME An agency of the Department of Economic Development) TABLE OF CONTENTS Foreword by HE Sami Dhaen Al Qamzi‚ Director General‚ Department of Economic Development – Dubai 04 Foreword by HE Abdul Baset Al Janahi‚ Chief Executive Officer‚ Dubai SME 05 Introduction to the Report 07 SME Definition for Dubai 09 Structure of the Report and Study Methodology 17 Executive Summary 21
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Before current technology came to the forefront‚ we had about seven basic modes of communication: telephone‚ telegraph wire‚ television‚ radio‚ mail‚ fax machines‚ eventually the pager (or beeper) and the grapevine---over the fence. Many of those technologies were barely old enough to be fully retired when telephonic mobility‚ the Internet and intranets came into play. Radio signals and wires‚ plus telephonic cabling‚ gave us the ability to transport and transfer tons of information faster than the
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What Is Information Technology (IT)?Information technology is one of the very advancing and in-demand technologies of this era. Ever since this technology has emerged‚ it has heavily dominated many organizations and firms providing them with efficient way of work. Before indulging into the depth of this technology with respect to organizations‚ it is first important to get a brief idea about what information technology really is. Information technology basically involves all the things that are related
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The impact of information Technology The Computer and information technology has made a big impact in our lives and society in general.In the last 10years we have seen huge changes in the way people communicate using information technology ‚ in term of electronic messaging eg emails ‚texting ‚ chatting .Information technology has brought the worlg together we can share information quickly‚ efficiently. The world has become one Global village.Ref:http://www.smallbusinessbible.org.People nowadays
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