been interested in business and how businesses operate in competitive markets, especially how young entrepreneurs take risks and develop new innovative ideas into thriving companies. I am inspired by entrepreneurs and what they achieve and I wish to start my own business in the future. Business excites me and I have a real passion for it, I have studied Business from GCSE and have enjoyed myself thoroughly, I would like to take it further and take in a degree in Business and Business Management.…
Introduction In the business world, it can be observed that there are many different companies that operate in the market and have their own offerings for the people and for this purpose it is necessary for the companies to reach out to the people to make them aware of the offerings of the company and persuade them to purchase it. This is where the role of marketing comes into play since it helps companies to reach out to the potential buyers and have an increase in the demands that they supply…
I interviewed Small Business Owner Joe Fugere of Tutta Bella Pizzeria. He said that there was an unrestricted building existing in a locality close to where he grew up. In the 50’s and 60’s, there were large Italian and Irish settler’s peoples that lived within a 5-mile radius and he said that there was no authentic Italian cuisine in that communal. The biggest challenge he faced was Building and preserving a unified team while respecting separate styles. Pizzeria is a business committed for…
based business is the popular option. The limitations of a full time nine to five job, demanding work commitments and commuting to the office have prompted a lot of people to look for an alternative way to earn money and live better lives. Home based businesses are trendy and people are now able to earn good money while working at home. However, a lot of people contemplate the idea of starting a home business, but never get round to actually start one. Some people start a home based business,…
the company website. Sellers is able to reach more customers with their products and consumers is able to purchase products not available at local stores. As an E-commerce seller, my fashion business generates most of the revenues through international buyers. However, during the past two years my fashion business has been declining; this is due to news reports and online forums stating “Chinese sellers sells fake/counterfeit products” or “Chinese products is fake and bad quality”. I can’t…
Business Plan Outline: Zahorsky identifies the next step as follows: “A business plan outline is the second most important starting point once you've pre-determined your audience. The business plan outline should be prepared before the actual research and writing of the business plan.” During this step, it is also pertinent for one to decide: “Who is your target consumer? Will it be men or women? Old or young? Individuals or businesses and corporations? Local consumers or long distance consumers…
First I want to say something about business. What is business ? Business is an organization or economic system in which services and goods are traded for one another or for money. Business can be private business , not-for-profit or state business. Good business is depending on business plan that You make . Business plan is equally important for people that are starting new business and for people that are in the business for long time. Business plan is nothing else than good , realistic and…
Business Myths: Part 1 There are many myths about starting a business. Most people think that starting a business on their own would be a cinch; that working for yourself is a fast way to get rich. Other people think that they just can’t do it on their own, or that their business idea is illogical or stupid. You really have to think hard about starting a new business; but thinking you can’t do something just because you have heard rumors and myths that intimidate you will only lead to…
SWOT Analysis on E-Business: The SWOT analysis helps developing a strategy and tactics to help a business grow and succeed by identifying critical factors affecting the organization. It helps the organization build on Strengths to reduce Weaknesses and to exploit Opportunities and avoid potential Threats. 1. Strengths of E-Business: The global Internet usage has nearly tripled between 2006 and 2010. making e-business a more significant factor in the global economy. As e-business improves,…
Opening a business has not been an impossible task in the past years. In certain markets starting up a business and growing it is much easier, in comparison. However, a lot of these new launched businesses fail in the long run. Now, it can be due to financial difficulties, high level of competition, poor business management strategy etc. There have been a lot of articles about the financial issues and competition. So I skip that part and focus on my favorite subject “Poor Business Management or…