Inscrit le: 08 Mai 2016
|Posté le: Mar 4 Juil - 17:11 (2017) Sujet du message: WHAT YOU SHOULD KNOW WHEN MAKING YOUR BUSINESS PLAN
what is business? Business is an organization or economic system where goods and services are exchanged for one another or for money business can be privately owned, not-for-profit or state owned. An example of corporate business is pepsic, while a mom-and- pop catering business is privately enterprise. BUSINESS IDEAS YOU NËED TO KNOW FIRST:Today, Elevens of thousands of people are considering starting a home based business, and for good reasons. On averge, people can expect to have a two and three careers during their work life, those leaving one career often think about their second or third career move being to their own home. People who have been part of the traditional nine-five work force and are on the average of retiring from that life are thinking of what to do next. The good and amazing news starting a homebased business is within the reach of almost anyone who wants to take a risk and work hard(1)ACCOUNTANCY:experience, skills, may be needed to create a good flier outlining your services. Before you could do that, i will advice you should need to know the things that those services will do.do you want to simply do bookkeeping? For a small business? A more involved level of accounting would be actually work up balanced sheets, income statements, and the other things that specializations can include tax or vat, accounting, a huge area of goods work. Services companies like freelancers with payments. (2) BICYCLE REPAIR: In some parts of the countries, this business tends to be seeaonal, though but you can find ways around that. Hire a storage or hostings, unit and offer to store peoples bicycle, over the winter after you do a turn-up and any needed repairs on them. If you want to cater to lance Armstrong wannabes, you can have business all year in. These road rides are training through snow, sheet and dark of night. Some of them work on their bicycle, buy many of them do not so.(3) CHIMNEY SWEEP: learning to be a chimney sweep can mean nothing more than apprenticing with someone already in the business. By becoming a chimney expert, you can combine a chimney sweep business with a chimney inspection services-covering more than just whether or not the chimney is in good working order or in need of repairs. QUALITIES OF GOOD BUSINESS IDEALS: the best business ideals generate high profits and involves low risk. Unfortunately, very far such business opportuned exist. However, here are some features of a good commercially idea. (1)GROWING MARKET- it is always easier to launch a business in to a new or growing rather than declining market. Of course it may be that you are launching a business that will create a completely new market.(2) LOW FUNDING REQUIREMENT: The lower the funding requirement, the Easier it is to continue or start -up and the less you have to lose if the idea does not work. (3)HIGH PROFIT MARGINS: The more innovative the product /service and its target market, the higher the margin is likely to be. BUSINESS CHALLENGES: (1) Intergrity: business has not forced the tyoe of moral challenges that it forces in today's word economy. Every body is struggling and working harder to be more succesful, to keep up their jobs, to earn more big bonus, or xut. Corners, leave information, and do anything it takes to get ahead or over occur Everyday. Many businesses and executives believes sadly the theme becomes highly disturbing and soin people actually start to feel like lying a little, or stealing a little, or deceiving others is just "a part of business". These practices erodes the trust that needs ti exist. (2) increased selection and competition: it is never been easier to start a business. Gone are those days /tine when it took weeks, months of forms to get your business started. (3)SELLING AND PEOPLE'S LOYALTY: along the same lines as increased selection and competition is the challenge to market to potential buyers effectively and retain your Existing, texting, emaik, and twitter and other communications.
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