Essays on Business Owner

INTERNET BUSINESS

Abstract: A usage of internet has become popular in the field of business. E-business is the business which the business owners can sell and buy the products over the internet. It keeps the preserve to hold the position on the competitive market. It helps to increase the role of internet and increase the market share. With the help of websites, the startup business has been utilized the essential characteristics of the business facility provided on the internet business. The improvement of information technology in the internet business plays an active role in the startup business. It offers online service ...

Introduction

Any new business must build its own roadmap, otherwise it is just like doing a project without a plan, and the results might be disastrous – it is good as not doing business at all. Creating a start-up budget is building a roadmap for a project or business. This is the most delicate and complex for a starter businessman/woman, but it is the wisest move to make. When you build a roadmap, you are anticipating possible problems for a business that is still unclear, which means you are looking ahead. A business owner must look beyond years, must be a ...

Introduction

According to the state’s Fair Pay Act, which aspires to bridge the salary gap between men and women, companies will have to be able to establish they pay both the men and women uniformly for significantly comparable work. The rules have urged businesses to reexamine the way they pay and categorize the personnel. Pay transparency is a basic human right. The section 11 of the Canadian Human Rights Act affirms that it is a biased practice for a business owner to establish or uphold dissimilarities in salaries between male and female workers employed in the identical organization who ...

Internal Analysis

The process of internal analysis helps in identifying and evaluating an organization’s capabilities, resources, and core competencies. Internal Assessment The internal assessment has three main components that are resources, value chain, and core competencies. The assessment of these components helps in determining the internal strength of the company.

Resource Based Views

The resource-based view helps an organization to analyze the tangible and intangible resources that are available at the disposal of the firm and can be used. These resources are determined to develop a competitive advantage of an organization. The main aim of the model is to analyze the internal resources ...

Risks and Vulnerabilities Associated with Public Clouds, Private Clouds, and Hybrid

Public clouds, private clouds, and hybrid clouds are different in several ways. The use of cloud computing poses various risks to the users of cloud computing. The following are some of the risks that are involved in the use of clouds.

Environmental security

The approach used in cloud computing is that many of the computing resources are located in a common cloud computing area (Romes, 2013). This concentration of resources and uses elevates the cloud computing environment which results in an increase in the number of threats. Cloud computing environments have an allure to attackers due to their significance to the ...

US 311: Business Law I

You are the manager of Acme Fireworks, a fireworks retailer who sells fireworks, puts on ground display fireworks, and large aerial display fireworks. The company started in the owner’s garage two years ago and now has 15 employees that you manage. The company started as a sole proprietorship, and the owner has never changed the entity. The owner has informed you that the company has received inquiries from several large businesses wondering if the company could create several fireworks displays on a regular basis. The owner told the inquirers that the company could fill such display orders, and ...

Intellectual Property Rights and Global Property Rights and Leasing Equipment

Intellectual Property Rights and Global Property Rights and Leasing Equipment Q.1. The existing fair usage exceptions strikes imbalance between the interests of the users and the copyright owners. For one, the exceptions are only limited to permit purposes such as news reporting, giving professional advice, criticism, and study. In this case, such exception does not provide a balanced treatment to the interests of the copyright users particularly in terms of their daily living. Furthermore, the exceptions are only limited to benefit specific users such as educational institutions, libraries, archives, and the media, which encompasses a failure to protect the ...

Business Decision-Making

Option 3: Increasing Investors5 Option 4: Keep the Business as it is6 Business Decision6

References8

APPENDIX9 Introduction Businesses exist in a dynamic environment where circumstances keep on changing, and the businesses have to adapt to the changes to succeed. Businesses that are unable to adapt to the new environment find themselves closing shop and considering other options. Changes in government policies tend to affect small businesses more than they do to established businesses. This is largely because, the small businesses have limited capital bases, and their net income is usually limited and cannot significantly cushion them when harsh policies are ...

Food trailer businesses need to be registered. For those individuals who want to start their businesses in Austin, Texas, they have to complete forms that are provided by Austin/Travis Health and Human Services Department. The forms are provided by the Environmental Health Services Division and bear the title application for trailer food seller permit.

Image sourced from, (Application for MOBILE FOOD VENDOR Permit, 2016)

The person applying needs to checkboxes accordingly in the first question. This is by declaring if the business will be located in City of Austin, Travis County or other. The type of trailer selling permit has to be declared through checking the provided options. The ...

Activity 1 Answer

There are various disasters that affect the operation of small businesses in the world today. Firstly, property loss is an example of a manmade threat that affects business operations. It involves loss through theft by employees. It occurs when the business lacks enough security systems to monitor its assets. It is a big threat that may lead to the closure of the business in the long run. Proper inventory management is vital in assisting small businesses to overcome loss property threat. The business also needs to have adequate coverage that helps in determining the loss effects of the business ( ...

Introduction

The business planning and formulating is not as easy and simple as it seems just like to run operations and deal with staff. To start a new business, it is very important to understand the nature and role of entrepreneurship. Many entrepreneurs have succeeded, and many have failed in the past, it means that there is something exist that can differentiate the successful and failure entrepreneurs. Before conducting a plan for the new business of wedding planner services, it is needed to understand the needs, challenges and risks in the development of new business and how these challenges and ...

In starting any business, one must consider the market, supply chain and must write a business plan to plan the costs and the time taken in starting the project. When starting a dairy business one must consider several factors (Mullins, 2012). The mission of any prospective dairy business is to provide a high grade of milk to the locals of a given area. The business can also aim to expand and deliver milk to other places within and outside of the country. The first point in starting a dairy business is assessing the available market (Mullins, 2012). A prospective ...

Data Mining has created a great deal of controversy in the business world due to the fact that it violates many principles of privacy. Where we run into issues with protecting privacy is a result of the strict confidentiality laws that exist in the United States. Consumers ideally do not want companies having access to information about their purchasing patterns. Essentially, customers do not want the hassle of receiving more advertisements than they already do. Data Mining has been seen as the enemy to the consumer because in the modern age that we live in, there is not a ...

Activity 1

The cash based and an accrual based accounting systems are the two methods of accounting, which businesses use to record their accounting transactions. The main distinction between these two methods of accounting is essentially the time at which expenses and revenues are recognized and recorded (McCorkle, Klose, & Klinefelter, 2008). Thus, a cash based accounting system is essentially an accounting technique under which the business record expenses when it pays out cash and records the income when it receives cash. Consequently, a cash based accounting system recognizes expenditures and income at the time when the businesses pay out or receive ...

Sustainability Strategies of Small Business Owners

of

Prospectus: Entrepreneurial Attributes and Competencies of Small Business Owners

Foundation of the Study There are 28 million small businesses owners are the engine of America’s economy (Business & Industry, 2015). Small businesses are responsible for creating enough jobs for over one-half of the employees in the USA (SBA, 2015). Healthy and thriving small businesses across the country are necessary to stabilize the economy and the mission of the SBA is to support those business owners with loans, practical knowledge, and improving the circumstances for promising small business owners (SBA, 2015).

The purpose of this study is to explore strategies that small business owners use to sustain the business.

Background of the Problem The amount of new small business startups is approximately 10 to 12% each ...

Introduction

Many people classify white collar crime as a crime of opportunity and the statistics of the offenders show that they are mostly individuals entrusted with a positon from which they illegally syphoned personal gain. The two areas of white collar crime to be discussed in this paper are the health care fraud and the weights and measures crimes. These two are the most common and used by millions of people each day. You may only see a burglary in your area once or twice in a lifetime or hear of a shooting very seldom but the health care fraud ...

Part A:

The following is a self-financial plan for a Canadian single man of 24 years. I received in 2015 a degree in a Canadian college and started to work in a tech company. I need a financial plan from the current date 2016 until my death. The estimated death age is 82 years old according to Canadian Census . The development of each step of the timeline and goals requires my knowledge, experience and money. Canada is the external environment to consider, a country with an economy tied to the United States of America, the minerals and oil exploitations and the ...

Introduction

Being a successful businessman is more of a skill than a talent. For some, it can be both but oftentimes; the business administrator’s experience can be one of the major qualities that could spell the difference between a successful and a failing business venture. In fact, it is not so uncommon to see widely talented, skilled, and even experienced businessmen fail in their ventures. Creating a business may be a bliss but the part where a person has to manage it successfully and turn it into an empire and make the enterprise strong for a certain number of times is what is more important and naturally harder. Given ...

Executive Summary

Hanna Wash Australia Limited is the leading distributors of vehicle washing equipments in Australia and New Zealand. The unique selling proposition for Hanna Wash Australia is their unparallel reliability, superior quality, and ease of operations for both the end users and the car wash business owner. Hanna Car Wash serves the businesses that are already in the business or willing to be in the business of Self-Service Car Wash Business. Another business segment that Hanna Car Wash serves is the car manufacturers. It serves the businesses that are located in the geographical boundary of Australia and New Zealand. As ...

Executive Summary

The purpose of this research is to try and examine factors that influence business performance of SMEs. The aim of this study is to give the seeing on how individuals ought to begin their business by taking an evaluation at all the elements affecting business performance. Thus help to lessen the danger of disappointment and expand possibilities of success. The study inspected eight variables that impact the SMEs business achievement. These components are SMEs trademark, administration and expertise, items and administrations. (SMEs) Is acknowledged internationally as an apparatus for enabling the citizenry and economic development. It has been connected ...

Weaknesses

Competition One weakness to opening an online derma-cosmetic business is the competition. This industry is not new and many are already successfully running their own businesses. It can then be hard to enter this market.

Inability of Customers to Sample Products

Still, another weakness is that unlike brick-and-mortar stores where customers can sample products, this can’t be easily done with online stores. This becomes a weakness in that the store will not be able to easily promote new products as customers won’t have the chance to try them or even see them in their actual form.

Difficulty in becoming a Reseller for Large Brands

In addition, it may be quite ...

Pricing Strategies for Firms with Market Power and the Economics of information

Summary and perspectives: Chapter 11 of pricing strategies for Firms with market power discusses the basic concepts of how firms manage their prices taking into consideration the power share of the market that they have. This also depends on the market strategies taken by the firm and the powers can be monopolistic, oligopolistic and perfect competition. Each of these market type operations give the firm a different unique power of controlling the prices of good they produce. A concept of interest in this chapter is how firms are able to manage prices economically to expand on their profits and ...

Introduction

Today many people consider establishing their businesses with the aim of increasing their income streams. However, it is imperative that prospective entrepreneurs have knowledge on the types of business units prescribed by law. This understanding enables them understand the risks associated with particular business units and the capital requirement involved. After deciding the type of business to invest in, entrepreneurs must consider the sources of finance available to them, and the type of accounting skills necessary for running of the venture. Hence, this report analyzes different forms of business units, types of accounting skills, and sources of finance available ...

The organizational purpose and goals are necessary for a successful professional life. They serve as the guiding principles for actions, channel and direct the efforts of employees (Oliver & Jacobs, 2007). Moreover, they also provide the required parameters and tools that are necessary for strategic planning, resource allocation and identification of the development and growth opportunities. Every person has set his preference and purpose for the future life and he/she wants to achieve this purpose for improving the standard of living of his/her life and provide comfort to his/her family. In this paper, my organizational purpose, my actions for achieving ...

Entrepreneurs engage in different forms of business ownership in an effort to satisfy their business goals and objectives. Different types of organizations and organization structures are available in the present business world influenced by the type of environment a business operates in. This discussion focuses on four types economic concepts namely: Sole proprietorship, partnership, public sector organizations, and not for profit organizations.

Sole proprietorship

As the name suggests, a sole proprietorship is a form of business organization owned and managed by a single person. It forms the simplest type of a business to start because it does not fall under the categories of legal entity businesses. ...

5.1 internet technologies can be involved in improving one`s business operations. Advertising of company’s products and services is done through the internet. The business organization that is having a website posts its product and services to the website and the customers are able to access them. The website can have a query section where customers ask questions and present their queries and from these responses from the customers, the organization seeks ways on how best to serve its customers.

5.2. A small company can implement an e-business application and the applications include having a business server. The business server will ...

1. Discuss three key concepts that you found to be the most beneficial.

SWOT analysis is a strategic management tool that helps companies to evaluate projects or entities by using internal and external perspectives. The analysis includes four categories: Strengths, Weaknesses, opportunities and Threats. The former two refer to the internal forces that drive the company, while the latter two address the environment the company operates in.

Market share is the fraction of the total market that an entity accounts for. Market share is usually expressed as a percentage and can be measured in terms of revenue or the number of units.

Segment targeting is the practice of subdividing the total market into distinct ...

Success in anything is heavily dependent on the preparations that we put in. The decisions we make and the effort we provide for that particular venture together are the roads on which the project rolls towards success. Coming to the subject matter, Shania has made an important decision to invest and has the support of her husband. Therefore, it is important that the business decisions she makes at such a point in time be the best. The essence of the essay is to gain insight into the case of Shania and advice to her on the best course of action ...

I had the opportunity to take a family friend for lunch yesterday in exchange for an insightful discussion about the small business that she started, ran for a couple of years and sold. Below are the questions that I asked her, and a summary of what I learned from her answers. Question 1: what made you decide to open your own business? What made you think you had what it takes to be able to do this? The entrepreneur told me that it was her dream during her twenty five year corporate career to leave all the politics behind and ...

Wechat resources

It was developed in china and began as a project of Tencent Guangzhou research and a project centre in October year 2010. Its original name was Weixin. The project picked at a high pace whereby it had 4-5 million users by May of year 2011. By the end of 2011, it had managed to attract 50 million users. In March 2012, the number of the users was extremely high having over 100 million subscribers using the Wechat social media. Nowadays, it is the first mobile phone text and the voice messages communication application in the world. It is leading also on ...

Research Problem

Funding a business is a complex issue. A new business owner should identify whether he or she is willing to finance the new business with the help of equity or debt. Each of the funding methods has its advantages and disadvantages. Equity financing allows business owners avoid making large loan payments. Investors may offer valuable business assistance to the new business owner in the case of need as they are interested in the success of the venture. If all risks are clearly explained to the investors, they will understand if the business fails. However, the investors will own a part of business ...

A writer ventures into the writing business with the aim of entertaining the readers. These personalities write captivating stories that entertain the readers. However, in this case, Upton makes the above statement to try and bring out the fact that even though the book was written to entertain the readers, somewhat it tampered with their inner feeling. The book centers around a Lithuanian immigrant who comes to the USA with the hope of having a better life. However, the turnout of events does not impress both the writer and presumably the reader. The book describes the life of one Jurgigs life ...

Business Financing and the Capital Structure

It can be a daunting task for any business to decide the best financing option when they are in need of capital to expand their businesses. There is variety of financial resources that businesses can utilize to expand. These categorized into two, the debt and equity. For the debt option, the business borrows money to be repaid back--for example the bank loan. Equity involves a business selling interest to investors in the company. There are several advantages of the debt option. When the lender write a check, he/she does not come back to claim the equity in business and the relationship ends ...

Business Organizations

Important tips for the business persons Business communities are concerned to a variety of business laws to meet the legal codes and standards setup through by the federal governments. Every businessperson should expert by having the knowledge of essential business laws to gain the great profits in future. These essential laws include; basic legal principles, contractual laws, the uniform commercial codes, property right, employment rights, external and internal business relationships, business laws of 21st century etc. The study of essential laws of business saves the time of businesspersons and conflicts with the competitors in the markets .

Forming the sole ...

Industry Analysis: Fast Food Industry

Introduction The fast food industry has been one of the most economically consistent industries in the world. At times when other service industries have been undergoing economic turmoil, this industry has remained strong and has, in fact, witnessed growth in the last few decades. Research indicates that the fast food industry in the United States generates more than 165 billion dollars in terms of revenue on a yearly basis (Collins, 2005). Currently, there are more than 180,000 fasts food establishments belonging to different brands. One of the reasons that could be perhaps attributed to the observed economic consistency of ...

Executive Summary

House of Tea is a hypothetical business that provides food and drinks by way of a small two-story storefront branch. Their products consist of tea, coffee, snacks, and light meals, but they specialize in milk tea products. Their store is located in front of an elite university, the students of which mostly comprise of people from the middle to the higher class. House of Tea has only been open for a year but, recently it is already experiencing some difficulties with regard to its business. During its first five months, business was doing great. Their sales were more than what was expected. ...

It is the desire of most people to run their own businesses has their main source of income. There are no fixed criteria of establishing a business, but it is evident that before starting a business, one should do proper planning, and most importantly should be in a position to acquire appropriate sources of finance. Furthermore, it is necessary to research the legal position on the business to be established (Reuvid, 2011). To the end, the focus of the paper will be a discussion of how to start a business venture, with particular interest on the steps to be followed, sources of finances, and ...

Business

Position: Administrative Assistant Reporting to: Marketing Manager Employment Status: Permanent, Full-time This position will be responsible for providing administrative support to the Marketing team, including coordinating business activities and schedules of the department to ensure efficient and smooth flow of communication and operation.

Duties and Responsibilities

- Planning and organizing daily schedule of the department manager, including local and international travel itineraries, and logistical needs, as required. - Prepare business communication, internally and externally on behalf of the department manager and/or team. This includes, but is not limited to, responding to emails and sending out mass advertising letters ...

A business is any form of entity involved in the sale of goods, services or both to customers. A business idea comes across the mind of the investor, evaluates it and then if worth investing, he commits his funds in it. The owner of the business, apart from funding the business he would set up the norms that control the business operations. A business, therefore, needs to lay down the rules under which it would be operating. These govern how the business operates. When setting up a business, the owner of the business has a goal in mind that he wants ...

Wechat resources

It was developed in china and began as a project of Tencent Guangzhou research and a project centre in October year 2010. Its original name was Weixin. The project picked at a high pace whereby it had 4-5 million users by May of year 2011. By the end of 2011, it had managed to attract 50 million users. In March 2012, the number of the users was extremely high having over 100 million subscribers using the Wechat social media. Nowadays, it is the first mobile phone text and the voice messages communication application in the world. It is leading also on ...

United Kingdom

The United Kingdom is sovereign nation located in northern-western continental Europe. It is made up of four nations that include England, Ireland, Wales and Scotland. It is a developed and one of the richest countries in the world. It has a federal parliamentary system of governance and Queen Elizabeth the 2nd is the head of state. The country is blessed with plenty of natural resources like fresh water, arable land, and both skill and unskilled human labor. Its conducive environment for doing business and its wide business network has pushed it to become among the biggest economies of the world. ...

The General Service Administration (GSA) Schedule programs avail significant opportunities for both small as well as large businesses. These Schedules program offer the first step in which businesses take when they want to do businesses with the federal government. Nonetheless, it needs to be made clear that being in the Schedules program may actually involve a huge investment of resources as well as time. As such, as a business leader, one needs to make sure that they possess the requisite resources to pursue a schedules contract as well as time to fight it out with other businesses and marketing. Further, it must ...

Business

A business owner employs the employees but the government protects the employees from abuse by their employers. Business owner is tied by the government in hiring of employees and the government does this due to various reasons. The employers are given guidelines by the government on hiring their employees to avoid abuse of the employees. The employer may discriminate the employees based on religion, disability status, race or color. The employer may fail to respect the applicant’s privacy rights or imply things he/she cannot be able to deliver like benefits. In hiring employers, the employer fails to observe ...

E-Commerce is a thriving business in a multi-billion dollar industry. E-Commerce is becoming the fastest growing industry because of its low startup cost compared to brick and mortar, and there is no need to stay targeted to one market or demographic. The internet has transformed the way in which businesses operate, marketers market, and consumers spend money. There has never been a greater time than in the recent upgrades to technology that has allowed for a fledgling entrepreneur, or even established businesses to have obtainable and available success. E-Commerce succeed due to those that are willing to put in the time, money, knowledge, ...

Introduction

Small businesses and large companies vary in various ways. They have a different and distinct organization structure that can effectively serve the size of the business. In addition, small businesses have different managerial, organizational and development characteristics that define the nature of the business entity. These characteristics give a general view of how the size of a firm influences its operations and in general the organization structure it adopts. The nature of the distinctive managerial, organizational and developmental characteristics of the small businessvis-à-is well-resourced large companies can be evaluated as follows:

Differences in Organizational characteristics:

Layers of management In general, smaller businesses have fewer ...

[Institution affiliated]

Introduction

A franchise is a go ahead or authorization that has been given to a group of people or an individual by a company or organization to sell the goods and services it has to offer in a particular way (Mendelsohn, 2004). Franchising is a very much well known business and commerce procedure that joins or rather brings together the brand name owners of a recognized commodity with another business, product, or service (Mendelsohn, 2004). The system of franchising is well and readily embraced by the small businesses and upcoming companies to have power and authentication to grow at a faster rate with the assistance ...

Operating cycle for a firm is the average time it takes from the receipt of raw materials for production to collection of cash from the sale of finished goods (Megginson & Smart, 2008). On the other hand, cash conversion cycle for a firm is the average time it takes from the payment to suppliers of raw materials to the collection of cash from the sale of finished goods. The difference between the two emanates from credit trade agreements between a firm and its suppliers such that the firm pays for the raw materials received at a later date. The difference between operating cycle and ...

Introduction

The process of running a business can be considered as both a skill and an art. Sure, it would greatly help a business or a project manager if he has the necessary educational background and credentials, and also an ample amount of experience in successfully conducting the business’ operations but without the right side of his brain contributing—that is the part of the brain responsible for processing things that have something to do with creativity and variation, it would be difficult to spice up the operations and in the long run, to have the employees and other key personalities running the business ...

Business

Introduction Doing a business overseas can be challenging as it seems, but with strategies along with background information about the country of business, earning profit will be very possible. This essay we will be looking at points on how it can be an easy job to do business in other countries. This research will be written in a form of identifying some opportunities and possible solutions to cope with the difficulties. Given the choice of Guatemala as the country of business, the study will show the challenges and the effective approaches that will turn the business in Guatemala a profitable company.

Country Profile

...

Networking is a key part of a small business owner’s strategies to avoid commercial isolation and promote innovation in their company. Running a small business involves each employee handling many operational issues. It is very easy for these operational issues to fill up all available time and energy. This inward focus is valuable to the company in some respects, but when problems occur and innovative thinking is required to solve those problems, stepping outside the company is sometimes the most efficient means of finding the solution. Networking can provide innovative solutions in several ways. First, obtaining opinions from outside the company ...

Introduction

Keeping accurate records is vital for the success of any business. Business people are aware of the fact that records kept are one of the most important management tools that are at their custody and therefore they allocate due importance to records. It would have been very hard and confusing to run a business without keeping records since it would not be possible to access the past, present and future performance of the business (Kimmel 12) . The business owner will therefore be running a ‘blind business’. However, many business owners invest a lot of their time, money and efforts to run their ...

Although I have been very fortunate to accomplish my goal of owning a successful business, I am still quite passionate about earning a college degree. For the past sixteen years, I've gained invaluable experience as a restaurant owner employing twenty workers, yet I've found that nothing compares to a ollege education. This is why I have chosen to apply for admission at Empire State College, one of the state's most adult friendly learning institutions The flexible class structure would allow me to continue running my business just as I do today, while working towards my goal of earning an Associate Degree in Science. ...

Laser business is an opportunity that is profitable and its industry is prospering. The laser business requires relatively small capital investment to start since the laser machine is easily affordable. The machine can be used to engrave as well as cut materials such as wood, marble, marble and plastic among others. Among the business ideas to start the business is photo engraving for families, designing of customized signs on wood as well as acrylic (signage) and ‘printing’ of wedding gifts (www.epiloglaser.com). It is easy to run a laser business as the location is not important as the quality of the ...

What I Dream of Accomplishing During My Career

In my career, I dream of completing my Business program in management. The skills of management that I will acquire in this course will enable me to influence and change management approaches in the business world. Further, I wish to develop my skills to an extent that as a manager, I will cause change in the organization that I will work for by positively motivating employees and enhancing teamwork among the subordinates and superiors.

My Where I see myself in Five years

In five or ten years, I see myself having a family and being a business owner, such having my own Laundromat called Omo International Laundry. Further, I see ...

Introduction

The fundamental knowledge of marketing helps organizations in developing and planning for perfect market entry strategies. Today business environment has many marketing challenges requiring an organization to use a sustainable business model that takes care of the current and future environmental changes. Entrepreneurs should focus on becoming better business people then they are currently are through following a practical approach to management. The study aims at developing a marketing strategy for R.J. Reynolds following the moral reasoning model of Caveat Emptor in order to improve the company productivity. R.J. Reynolds introduced uptown was a cigarette designed for the black smokers but the producing ...

- What financial ratios are important to a small business? A small business man must understand that financial ratios are important in measuring the business’ activities against benchmarks (i.e. similar firms or competitors). According to the Frank Cocker (2011) small companies tend to overlook the use of financial ratios principally because of the calculations involved are cumbersome. Large businesses on the other hand use financial ratios because it is one very good tool necessary for managing business performance. There are many financial ratios that are available to use but for small businesses, the more important basic ratios are: ...

Ratio refers to a comparison between two variables, ratios is an important component in day to day business as it enables the shareholders and other stakeholders to check the performance of business in comparison to the previous year’s which refers to trend analysis it can also be used for cross sectional analysis which involves comparing the performance of business with other business within the same industry. Other financial ratios such as liquidity ratio plays a very important part in managing working capital in that a business will be able to predict the cash required to manage day to day transactions, in ...

Abstract

The article deliberated upon is titled as The Two Cycles of Venture Capital written by David Rosenberg. The article is based on an analysis conducted on two quotes; the first quote outlines that venture capital is essentially an arbitrage opportunity between the different values attributed to an asset by the private and public market and the second quote states that Joe Bananas’ is a venture capitalist who invested in businesses with the owner who invited him to become their partner because of his connection. Moreover, the article outlines the nature of the venture cycle as a cycle that provides equilibrium of ...

Two business owners are seen coming out of their busy factories with workers rushing to get home. Factory 1 is colorful, cheerful and organized. Factory 2 is black and white and disorganized. The workers from Factory 1 are happy and chat with ease with their boss while the workers from factory 2 are grumpy and seem keen on running away from their boss.

Cheerful slow music plays in the background as the two business owners begin to chat

Business owner 1: How do you do it, mate? Business owner 2: How do I do what? Business owner 1: How do you keep them so happy and cheerful? They look like they haven’ ...

Studying business and economics at my undergraduate has been very helpful to me. It has helped me learn the different ways through which I can improve the business that I am involved in, I can also make decisions from an informed point of view rather than just making blind decisions. Furthermore, the skills gained can make me a better entrepreneur (Gary, 2009, p. 1). In terms of decision making, I have learnt on how to react during critical times and the knowledge and the ability to think critically, beyond the superficial (Process Management International, 2012, p.1). As such, rather than ...