Starting a Small Business Essay

Willie Jenkins took off in his solo venture by building a small business in janitorial cleaning around the bases of Ft. Bliss, White Sand Missile Range, Holloman Air Force Base, and the city of El Paso. They also provide services to many large construction and trucking companies. His start-up team was just him. At that time, he was trying to gain experience in cleaning a few homes from the members of his church. Gaining from that experience, he decided it was something he would want to do.…

Market Needs Point-of-sale (POS) systems have been around in one form or the other for decades. The POS system covers all functions done at a business from order processing to inventory management to loyalty programs. It is more than a cash register – a core management tool for any small or large businesses/industry such retails, hospitality, transportation etc. With the right hardware and software programs/downloaded applications, businesses can easily process transactions, improve/track sales…

How Microsoft Ventures and Google Campus Changed Business Startups Starting a small business is not an easy task. The first problem that entrepreneurs will face is the capital investment. Who will fund it? How will they convince investors to trust their money to the business? Most who started immediately leave the moment they hit the blind spot. Most get lost on the way so more money is spent and no profits are earned. This is where programmes like Microsoft Ventures and Google Campus can help…

of the safety net for employees have recently been a huge subject of debates since the Productivity Commission called for Sunday rates to be brought into line with Saturday rates. That recommendation has a few positive aspects in term of promoting business growth and economic advancement, but it also has negative sides that potentially impair the benefits of the workers. This report therefore suggests the alternatives where the reforms of the cash economy and tax governance system will provide…

companies can drive down retail prices, afford the best locations, and provide one stop shopping. How does a small business expected to compete with such dominance in the consumer market for a reasonable rate of return on goods and services? There are five different items to focus on for the best chance of survival as a small business entrepreneur just starting out or trying to keep a business from becoming a statistic. These items are customer focus, quality performance, integrity and…

came into this class not understanding the meaning of entrepreneurship. I thought it was just a simple way to make a business and make a quick buck in the long run. I wasn’t sure if it was the experience I was looking for and I wanted more than what my major offered me. However, I realize there’s so much more. I came in contact with Paul Beckmann previously working on my business proposal for Surf Media. Paul uses different apps to help his professional as Digital Marketing Consultant for The…

entrepreneurial spirit is going to try and start their own business. However, starting a company requires a significant amount of money. In this situation, most people either save or borrow in order to get started. Still, it doesn’t have to be this way. There are so many other ways out there you can finance your startup. With this in mind, here are 10 most creative (and most rewarding) methods. Kickstarter If you have a great business idea, but no money to make it happen, you can always turn…

For many others, it is a nice source of income on the side. Either way, more and more people are at least starting to experiment with selling products online. Because of that, online courses and EBooks detailing how to get into selling online are very popular. It is not surprising, the process may seem simple, but actually getting into selling online is very…

Introduction: Entrepreneurship can be classified as the acts of creation, renewal or innovation that occur internally or externally of an existing business (Sharma & Chrisman, 1999). Influencing factors depict the importance of entrepreneurship in the development and growth of a country, namely: the role of an entrepreneur, the relationship between entrepreneurship and development. (users.ipfw.edu, 2007) The Importance of entrepreneurship in economic development and growth can be seen with…

This essay discusses the concept of entrepreneurial self-efficacy, and how it differentiates entrepreneurs from small business owners. A definition of entrepreneurs and small business owners will be given, along with the differentiating characteristics of both. In addition, entrepreneurial characteristics play a part in the success of start-ups. Thus, the positive and negative relationship between self-efficacy and performance will also be discussed. ‘Entrepreneurial self-efficacy’ is a…