Small business

success of Business and organization depends on many factors, in these essay we will explain STEEP analysis, and importance of environmental factors, then discuss benefits of small business ,it’s role in growth of nation , and explain entrepreneurship . STEEP analysis : The success factor for any type of business is depends on external environment that can be defined and analyzed by the STEEP model. According to David Parker (2008) STEEP analysis is a helpful management tool and process that can…

Leaving Well Enough Alone “If it ain't broke, don't fix it" is a common phrase, which suggests that it is unwise to improve something that appears to be working. “The phrase is widely attributed to Gainesville, Georgia-born Thomas Bertram Lance, who believed he could save Uncle Sam billions if he could get the government to adopt the motto,"If it ain't broken, don't fix it!" He explained,"That's the trouble with government: Fixing things that aren't broken and not fixing things that are broken."…

distributed between its members. As such, Sergeant’s Smokehouse will not have an individual Chief Executive Officer. Under a member governing authority, the members, or owners (Lawrence, n.d.), of the LLC will manage the affairs and operations of the business as outlined by a company agreement (Sec. 101.252. Management By Governing Authority , n.d.). Sergeant’s company agreement will stipulate that both…

A business to survive must have tight screws, working parts and a sturdy foundation. Rankin’s Hardware and Building is a local hardware shop that is currently falling apart and is in need of some serious work. Rebecca Hunter investigates which parts of the business needs to be fixed. Continue reading to find out ways you can build your business into a better place… Financial administration is being responsible for the monetary aspects of a business. It is important to monitor the incoming and…

The Pitch (What is your business?) I help speakers, authors, coaches, seminar leaders, online information marketers, ministries and businesses package their products and services. My company, Global Internet Enterprises, help them to position and promote themselves to get their products, services and messages in the marketplaces in a big way to make an impact and an income. Here is my story of struggles. I was poisoned at three months old and hospitalized in intensive and critical care for…

wants to make money. Everybody wants to make a good living. What does one need to do in order to grab that goal? Could it come from a fulfilling career or could it come from starting your own business? There are apparently lots of ways to accomplish financial security and career fulfillment or even a business without becoming a lawyer, physician or some high paid profiession. According to Entrepreneur, the median salary of the high paying jobs in the United States amounted to $138,000. So,…

globalization, the Great Depression, amongst other memorable historical events till today, the purpose and role of business has been subject of debate. (Post et al, 2002). Much of the debate has focused around two hierarchal positions; namely, The Shareholder Theory and The Stakeholder Theory. (Rugimbana et al, 2008). The Shareholder theory is regarded as the classical approach to business, that is, an organization’s responsibility is merely concerned about its shareholders. (Cochran, 1994). On…

has become a very valuable asset to businesses especially business start-ups because it allows “no money to start and e-commerce business” (Smart Insights 2016) this is due to business never having to hold up any money in inventory it’s also links back to disintermediation because it can allow a business to go through multiple channels as opposed to always having to go through the wholesaler and manufacturer, drop shipping allows a business to just skip the manufacturer part and just purchase…

from small to mid-size business tenants for a better overall tenant experience that extends into their work environment. As the global economy promotes an explosion in small to mid-size businesses, it has also sparked a greater level of competitiveness, which challenges business owners to not only cater to the needs of their customers, but they are also being forced to provide a more accommodating experience for their employees. With this in mind, many businesses planning on renting a small…

construction usages. It was founded the year 1982 in Kota Kinabalu, a small city in Sabah. Under the leadership of Mr. Ho, the company had expanded over 3 states in the country, including Sabah, Sarawak, and Kuala Lumpur in the last 5 years. The reputation he had built for the company for the past few decades had proven to be a success as the company is now currently the primary supplier of all government and private business construction projects. Successful entrepreneur like Ho Shi Yin, did…