...Small Business Idea Paper The government recently released funds to individuals who want to create a small business. This concept of releasing funds to individuals will create more jobs and stimulate the economy. The first step for a small business owner is to determine which of the four forms of business the organization will best fit with the new owner’s ideas. In addition, the business owner will need to review all tax legalities and implications associated with the different forms of business for her organization. This paper will discuss the four forms of business and the different types of financial statements associated with the forms of business in relation to consequences of taxes, liabilities, and accounting implications. Sole Proprietorship Sole proprietorship is the most common and easiest form of business to create. Some of the benefits of a sole proprietorship are that the owner can make decisions of hiring and firing employees, decisions of which vendors to use, what materials and equipment to purchase and what direction they want the business to take. A disadvantage is that the owner is limited to funds as a sole proprietor can only access the funds that are available. In addition, the sole proprietor is responsible for all liabilities associated with the business. The financial statement associated with at sole proprietorship is the statement of cash flow. The statements of cash flows provide financial information regarding cash receipts and payments...
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...Small-Business Idea Paper The Dream of Cooking – Grandma Style Christopher Havins University of Phoenix ACC/561 Chuck Royes February 15, 2012 Small-Business Idea Paper The Dream of Cooking – Grandma Style Since graduating high school, starting a new business has been a major priority. In 2012, the federal government, in coalition with state governments, has released funds for creating small businesses. With much excitement surrounding the prospects of becoming an entrepreneur, proper research and planning is the first step in running a small business. Because of the recession, Dub & Bradstreet reported in 2011 that “across the United States, small business failure rates rose by 40% between 2007 and 2010” Therefore, understanding not only the industry, but the legal, tax, and accounting implications is vital to securing a prosperous future. “ The dream of owning a small business has centered on starting a restaurant – full of grandma’s home cooking. Restaurants, thought of as a risky business venture, have the same failure rates as other new businesses. “A longitudinal study of restaurants in Columbus, Ohio found the failure rate for restaurants was 57 to 61 percent for a three-year period (1996-1999) – still high, but much more in line with other businesses) (White, 2011). While restaurants may not be any more risky, the preparation work opening the business will be critical to future success and ownership protection. ...
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...Types of Flower Arrangement By: Mylene B. Bataanon BSTrm-II 1.)Horizontal Arrangements Using a relatively shallow container, anchor foam with a lot of glue or use anchor pins, and position sprays of line flowers to establish the shape of the design. Insert focal flowers in the middle so they gently droop over the lip of the container on both sides, reach towards the line material and extend on either side of the middle. Leave room for filler flowers. Fill in and around focal area with filler flowers and foliage. 2.)Vertical Arrangements Wedge or secure foam in a vase with hot glue. Cut the stems of the tallest flowers or leaves to reach three or four times the height of the vase. Place the focal flowers vertically within the diameter of the vase. Fill in the areas as needed with filler flowers. 3.)Triangular Arrangements Secure floral foam. Determine the vertical height and horizontal width with the smallest line flowers and/or leaves. Make the height higher than the width. Position the largest focal flowers in the heart of the arrangement and slightly lower to give weight and balance. Fill in with the filler flowers and foliage keeping within the triangular shape. 4.)Crescent Arrangements Secure foam in container. Determine length of crescent and insert curved line flowers or leaves to follow the crescent form. Angle the...
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...Small Business Idea Paper Introduction: Recently, the government released funds for persons willing for establishing a small business. This releasing funds’ concept will form many jobs, and the economy will be stimulated by it. For the owner of a small business, the first step is to determining which business form is best suited to his or her ideas. Furthermore, it is essential for the owner of business to evaluate implications of legalities and tax related to his or her business forms. The purpose of this paper is to define the advantages and disadvantages of the four different forms of business organization, including sole proprietorship, partnership, C corporation, and S corporation. The paper will define the different types of financial statements associated with each form of business organization. The paper will also define the consequences of Tax implications, Legal implications, and Accounting implications associated with each form of business organization. Furthermore, a business will be selected in the paper of which an explanation of the unique product or service will be provided. Sole Proprietorship: It is the easiest and general sort of business to establish. A number of assistances of this business include the decisions of firing and hiring workers, assessments of selecting the vendors, what equipment, and materials to buy and what directions he or she is willing the business to take. A drawback of this...
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...Running head: SMALL BUSINESS IDEA PAPER 1 Small Business Idea Paper Napoleon Melton, Jr. ACC/561 September 5, 2011 James Sullivan SMALL BUSINESS IDEA PAPER 2 Small Business Idea Paper Establishing a small business requires the cultivation of a business idea to a business plan that successfully outlines its unique product or service, the rationale for choosing the business organization in particular for the unique product or service, and the financial statements & implications associated with the formation of the business organization. In my small business idea paper, I will discuss my small business’s unique product or service and the rationale for my small business’s business organization formation. Small Business Unique Product or Service Spartanburg, South Carolina needs a diverse establishment in the downtown area that can cater to families, high school students, college students, young professionals, and adults as well as drive growth in the downtown area. Why? The Spartanburg area is more conducive for families and older adults than high school students, college students, and young professionals. High school students should have a place that they can hang out and have fun in. There are numerous bars for the college and the young professional crowd but are basically the same in terms of what entertainment they offer (predominately rock and acoustic acts). The downtown area has undergone renovations in the past couple of years, adding establishments...
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...1 START UP A SMALL BUSINESS To purchase this visit here: http://www.activitymode.com/product/bus-463-wk-4-assignment-1-start-up-a-small-business/ Contact us at: SUPPORT@ACTIVITYMODE.COM BUS 463 WK 4 ASSIGNMENT 1 START UP A SMALL BUSINESS BUS 463 WK 4 Assignment 1 - Start Up a Small Business Select a business idea which you would like to implement and complete this assignment. Note: You may use the same idea that you have used in discussion topics during Week 2 through Week 4. Write a seven to eight (6-8) page paper in which you: 1. Propose the value proposition of the product or service the business will offer and explain the rationale. 2. Outline the competitive market and the industry in which the business will operate. 3. Determine at least two (2) strategies of each for protecting the following: a. the branding b. the logo c. the product technology 4. Suggest methods to test the product idea for feasibility. More Details hidden... Activity mode aims to provide quality study notes and tutorials to the students of BUS 463 WK 4 Assignment 1 Start Up a Small Business in order to ace their studies. BUS 463 WK 4 ASSIGNMENT 1 START UP A SMALL BUSINESS To purchase this visit here: http://www.activitymode.com/product/bus-463-wk-4-assignment-1-start-up-a-small-business/ Contact us at: SUPPORT@ACTIVITYMODE.COM BUS 463 WK 4 ASSIGNMENT 1 START UP A SMALL BUSINESS BUS 463 WK 4 Assignment 1 - Start Up a Small Business Select a business idea which you would...
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...ASSIGNMENT 2 OPERATING A SMALL BUSINESS To purchase this visit here: http://www.activitymode.com/product/bus-463-wk-8-assignment-2-operating-a-small-business/ Contact us at: SUPPORT@ACTIVITYMODE.COM BUS 463 WK 8 ASSIGNMENT 2 OPERATING A SMALL BUSINESS BUS 463 WK 8 Assignment 2 - Operating a Small Business Use the same business idea you used for Assignment 1 to complete this assignment. Write a seven to eight (7-8) page paper in which you: 1. Choose the legal form of organization for the business, and support your choice. 2. Determine the organization structure which is initially needed to get the business operating, including the number of people necessary to get through the first year of operation, their job titles, and short job descriptions. 3. Propose at least three (3) methods to encourage the employees to work together and build an effective brand. 4. Examine at least three (3) ways to satisfy each of the stakeholders in the business including the investors, the employees, the customers, and the community. Activity mode aims to provide quality study notes and tutorials to the students of BUS 463 WK 8 Assignment 2 Operating a Small Business in order to ace their studies. BUS 463 WK 8 ASSIGNMENT 2 OPERATING A SMALL BUSINESS To purchase this visit here: http://www.activitymode.com/product/bus-463-wk-8-assignment-2-operating-a-small-business/ Contact us at: SUPPORT@ACTIVITYMODE.COM BUS 463 WK 8 ASSIGNMENT 2 OPERATING A SMALL BUSINESS BUS 463 WK 8 Assignment...
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...ASSIGNMENT 2 OPERATING A SMALL BUSINESS Use the same business idea you used for Assignment 1 to complete this assignment. Write a seven to eight (7-8) page paper in which you: 1. Choose the legal form of organization for the business, and support your choice. 2. Determine the organization structure which is initially needed to get the business operating, including the number of people necessary to get through the first year of operation, their job titles, and short job descriptions. 3. Propose at least three (3) methods to encourage the employees to work together and build an effective brand. 4. Examine at least three (3) ways to satisfy each of the stakeholders in the business including the investors, the employees, the customers, and the community. BUS 463 WEEK 8 ASSIGNMENT 2 OPERATING A SMALL BUSINESS Use the same business idea you used for Assignment 1 to complete this assignment. Write a seven to eight (7-8) page paper in which you: 1. Choose the legal form of organization for the business, and support your choice. 2. Determine the organization structure which is initially needed to get the business operating, including the number of people necessary to get through the first year of operation, their job titles, and short job descriptions. 3. Propose at least three (3) methods to encourage the employees to work together and build an effective brand. 4. Examine at least three (3) ways to satisfy each of the stakeholders in the business including the investors...
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...(2) of your peers. Bottom of Form BUS 402 Week 1 Discussion 1 Entrepreneurs Please respond to the following: * Inc. magazine claims, “Entrepreneurship is more mundane than it is sometimes portrayed . . . you don't need to be a person of mythical proportions to be very, very successful in building a company.” Discuss whether you agree or disagree with this statement and why. * Analyze the characteristics of a successful entrepreneur and determine if you have what it takes to start your own business. Provide specific examples to support your response. BUS 402 Week 1 Discussion 2 Strategic Management Please respond to the following: * Analyze the steps involved in developing a strategic plan for a company and determine which step is the most difficult to get right. Explain your rationale. * From the e-Activity, determine how you would leverage the support provided by the U.S. Small Business Administration in planning and starting your own business....
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...at: SUPPORT@WISEAMERICAN.US BUS 463 WEEK 4 ASSIGNMENT 1 START UP A SMALL BUSINESS Select a business idea which you would like to implement and complete this assignment. Note: You may use the same idea that you have used in discussion topics during Week 2 through Week 4. Write a seven to eight (6-8) page paper in which you: 1. Propose the value proposition of the product or service the business will offer and explain the rationale. 2. Outline the competitive market and the industry in which the business will operate. 3. Determine at least two (2) strategies of each for protecting the following: a. the branding b. the logo c. the product technology 4. Suggest methods to test the product idea for feasibility. More Details hidden… BUS 463 WEEK 4 ASSIGNMENT 1 START UP A SMALL BUSINESS Select a business idea which you would like to implement and complete this assignment. Note: You may use the same idea that you have used in discussion topics during Week 2 through Week 4. Write a seven to eight (6-8) page paper in which you: 1. Propose the value proposition of the product or service the business will offer and explain the rationale. 2. Outline the competitive market and the industry in which the business will operate. 3. Determine at least two (2) strategies of each for protecting the following: a. the branding b. the logo c. the product technology 4. Suggest methods to test the product idea for feasibility. More Details...
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...tension in business format franchising between, on the one hand, standardisation and uniformity and, on the other hand, geographical variations in market conditions and resource availability. Previous research has demonstrated in the case of independent small firms that local geographical conditions influence business strategy. This paper examines whether variations in the local geographical environment, notably in terms of demand and supply side conditions, affect format implementation and whether franchisors permit franchisees to make local adaptations of the format in response to local environmental conditions. The study is based on interviews with 40 UK-based franchisors, all of whom were at the later stages of roll-out or in the consolidation stage of network development. Local variations in the business environment do create a conflict with the need to maintain the uniformity of the franchise format. Adaptation was restricted to peripheral format components. No changes were made to the core format components. Most franchisors recognise that their franchisees are an important source of new innovation. However, implementation of franchisee ideas across the system is found in only a minority of cases. Key words: franchising, geography, adaptation, standardisation Please direct correspondence about this paper to Colin Mason 1. Introduction Business format franchising operates on the principle of ‘cloning’ a standardised tried and tested business format based...
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...TermPaperWarehouse.com - Free Term Papers, Essays and Research Documents The Research Paper Factory Join Search Browse Saved Papers Home Page » Business and Management Consultant and Client Communication In: Business and Management Consultant and Client Communication Consultant and Client Communication MGT 527 January 28, 2013 Sarah Nelson Consultant and Client Communication Within an organization effective commination requires clear objectives along with sound strategies. In each business communication is crucial. Whether big or small the most effective instrument in organizations pertains to communication. Misunderstanding and challenges emerge with one-on-one interactions. Nevertheless, businesses influence effective communication strategies through persistent communication. However, a conductive environment on every level opens the door to communication whereby enabling the organizational members freely to express their ideas, criticisms, and feedback. When managers engage in conversation with employees “specially,” about their ideas, viewpoints on the emerging issues in customer and service production as well as the business environment develops an inclusive culture that demonstrate significant results. In the economy of business financial organizations explicate their vision for success in developing a long relationship. However, the vision of a company is to interact effectively with future as well as existing customers...
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...Small Business Management American Public University February 6th, 2013 Abstract In this paper I will discuss the role and the importance of small business. There are several arguments for owning a small business and there are plenty of arguments against owning a small business. I will present how to start a small business, how to organize a small business, and how to operate a small business. This paper can be used a Small Business Bible, or a “How to” guide for anyone looking to open a small business. Small Business Owners and Managers face various issues such as social responsibility and ethics, those issues will be discussed in this paper. At the end of this paper you will be able to write a Business Plan and decide if owning or managing a small business is for you. Defining small business is not easy because the definition varies, however a small business is independently owned and operated and is not dominant in its field. There’s not much difference in a entrepreneur and a small business owner. I think everyone thinks about owning their own business at some point in their lives. I’ve thought about owning a hair salon, a beauty supply store, a restaurant, etc. the list goes on…however most recently I thought about owning a night club. Before starting a business the Small Business Administration (www.sba.gov) suggests you ask yourself the following questions: 1. Why am I starting a business? 2. What kind of business do I want? 3. Who is my...
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...Small-Business Idea Paper There are plenty of ideas for a possible small business, but one must look past just the idea or hopes of opening a small business and think about the legal, tax, accounting, and other items that need to be addressed in establishing a small business. One of the first things to consider is, as what type of entity the company will be chartered or established, and what rules apply for the state in which the company is located. For the purposes of this paper, the potential small business owner will use the State of Colorado as the state in which the company will be headquartered and Colorado Springs as the city. The business that will be established is a high end pawnbroker in the north end of Colorado Springs. In establishing a business in Colorado Springs, Colorado, one must look at the local, state and federal ordinances and laws in establishing a business. The business owner must also decide on how the company will be registered in Colorado such as Sole proprietorship, Partnership, C corporation, S corporation, or an LLC – Limited Liability Company. This paper will show the advantages and disadvantage of each of these entities as it relates to a pawnbroker business, while also examining the different types of financial statements associated with each business entity and consequences such as tax, accounting, and legal implications. The final section of the paper will explain the reasoning behind the start up of a pawnbroker store, the classification...
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...Professional Knowledge and Abilities Paper Name GEN 200 Date University of Phoenix Abstract Merit Microenterprise Organization is a great organization. This organization is one that loves to assist people with starting a business or the entrepreneurs in furthering their skills and training. It is also about helping people get the training they need to become successful business owners according to Merit. (Merit MicroEnterprise Helping Very Small Businesses Start, Grow and Prosper, 2010) Merit has programs and training curriculum that are available to the low-income, migrants, disabled, women and others who have a difficult time getting assistance for starting a business or knowing where or how to start. The trainings are at no cost to those who are income qualify. (Merit Microenterprise Helping Very Small Businesses Start, Grow and Prosper, 2010) You must be willing to commit to the classes and the work that comes along with the training. Along with that commitment you must be willing to attend all of the classes plus follow up advising. Professional Knowledge and Abilities Paper Merit can contribute to learning the professional knowledge and abilities. They assist with training or even on-going advising. If one needs help of where to go or who provides loans they have a long list of providers. Do you need to start an Individual Development Account (IDA) for building assets they can help with that as well? The trainings they provide helps from the very beginning...
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