| | 4 | Learning Team | Respond to Designated Discussion Question | 6/25 | 1 | IndividualWileyPLUS Assignment Week Two | Resource: WileyPLUSComplete the following in WileyPLUS: Exercise E13-5 Exercise E13-6 Exercise E13-9 | 6/25 | 3 | IndividualSmall-Business Idea Paper | Imagine the government has released funds for creating small businesses. You are interested in establishing a small business, and you must decide which of the four forms of business organization would best suit your unique product or service. Consider legal, tax, accounting, and other implications when selecting from the four business types.Write a paper of no more than 1,250 words discussing your small-business idea. Include the following: The advantages and disadvantages of the four different forms of business organization, which include the following:o Sole proprietorshipo Partnershipo C corporationo S corporation The different types of financial statements associated with each form of business organization The following consequences associated with each form of business organization:o Tax implicationso Legal implicationso
Outsourcing is more practical for small and medium companies. To have good customer service, it is wise for Tanglewood to hire itself because their employees share the same values as the company. External or Internal Hiring To have a stable
It is important to remember that a loyal customer can be just as valuable than new one. This is because you do not have to spend as much time and money marketing to them because they already know what you offer them. And it goes beyond just having customers that are satisfied, you need to have customers that are loyal. Loyal customers tend to buy more and more importantly they talk more which means a whole load of free word of mouth advertising for your business or company. Therefore building a highly loyal customer base should be the foundation of your basic business strategy.
The gross profit margin was 82.08%, partially imparted by the Hive Dance Club’s ability to manage the reduction of costs. The pro forma provides a significant benefit to any business owner because it supports the growth of the business as well as enhances the ability for the entrepreneur to make the correct decisions for the business. Regarding the raising of capital, the most significant sources are personal funding, private investors, and friends and family. The pro forma also reduces the stress that investors place on the entrepreneur and is something that small business owners should not neglect to develop. The pro forma can help the company to remain viable as well as ensure it with thrive and achieve future
(1996). Understanding nonprofit financial management: how practices differ from for-profit organizations. Association Management. Retrieved January 16, 2011 from http://www.allbusiness.com/specialty-businesses/non-profit-business-non/662338-1.html. Loyd, D., & Crawford, M. A.
This excellent service can be done by those that care about our world and the people that inhabit it. Service can be serving others in some helpful way. The main idea of service is that the individual isn’t the most important and other people could use help and good advice. Being a good leader means that the leader knows how to serve the people he is working for. Leadership is another trait that can’t be easily developed, but only with thorough diligence and dedication.
MKT 405 Assignment 2 Digital Advertising Strategy For a Small Business https://hwguiders.com/downloads/mkt-405-assignment-2-digital-advertising-strategy-for-a-small-business/ MKT 405 Assignment 2 Digital Advertising Strategy For a Small Business In this assignment, you will develop a digital promotional strategy for a local small business (actual or fictional, of your own selection). The strategy should include a Website, a Facebook page, and Twitter account. Write a six to eight (6-8) page paper in which you: Describe in detail the small business you are using and whether the business in question is real or fictional. Determine the target market for the selected small business and justify your choice. Determine how the small business uses social media and the Internet to reach its target market.
A business that wants to be profitable will follow a standard code of conduct for how is treats others and rectifies any wrong doing. Many believe that a business should not exist only to make a profit but that a business has a social responsibility to society. Social responsibility is a business’ obligation to maximize its positive impact and minimize its negative impact on society (Ferrell, Hirt, & Ferrell, 2009, 38). A profitable and sustaining business relationship can not be built without a solid foundation of trust, ethical behavior and social responsibility, and
The company needs to find innovative ways to ensure that they keep their employees happy and on a successful path. They need to ensure employee wages, and hours are comparable, and are able to provide for their families based on the state of the economy, because a happy employee is a productive employee. The company also needs to look at its marketing strategies so they can continue to grow and be successful in all markets around the world. Marketing is one of the most important research strategies and is the foundation to its success. With the right type of marketing research the company will be able to maintain its current customers and should be able to bring back customers that have left because of dissatisfaction, and because of the hard economic times.
1- I Am – The Arena of Values: Organizations and people have values but sometimes they don’t know what they are. Determining the values should be the first step for our own life and for a successful organization because the values are what we believe in. As an example, for a successful business, “customer satisfaction” is one of the simplest but very important value. Even