...ideas of current leaders in the marketplace, but comes with out of the box ideas that capitalize on their weaknesses. Some of my ideas will be implemented immediately, while others will take time to develop as I build the business brick by brick. Looking at the big picture, it will pay off greatly because I know that the pieces will be able to be put together. It is a long process but it is all doable as long as I am motivated and have the right people around me to get this mega Sporting Goods store open for business. The first step of this process is to write a business plan that identifies my target market, develop the unique qualities of my business and ultimately convince investors to believe in my vision to change the landscape of this growing retail category forever. According to IBIS World’s market research the Sporting Goods industry in the United States has seen 3% annual growth for the last 5 years and in 2013 was a nearly $64 Billion market, with about two-thirds of those products being sold through sporting goods stores like Dick’s, Sports Authority and Cabela’s (IBISWORLD). It is also key to note that according to a study by A.T Kearney, even with on-line shopping making up about 40% of sales, physical stores are still the mainstay of this business with more than two-thirds of shoppers reporting they used a physical store to research their product before making the on-line...
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...Local Business Tax Account Application Lee County Tax Collector P.O. Box 1549 Ft. Myers, FL 33902-1549 239.533.6000 (Return application, fees, and corresponding documents to the Lee County Tax Collector for processing.) 1. Type of Business: 2. Business Name (DBA): EIN/SSN: NOTE: Indicate below why you are exempt from filing for a Fictitious Name Registration/DBA (Doing Business As) Business name indicates my full legal name Business name is a registered trademark Business name is the corporate name Business name is the limited liability partnership name Business name is the general partnership name Attorney, Dept. of Health, Dept. of Business & Professional Regulation 3. Owner/Professional/Qualifier Name: (Last) (First) 4. County/State license or certification number: (Professional, Contractor & Restaurants, etc. Enter license number and attach a copy of your current license or certification.) License #: 5. Physical Address: (Zoning approval is required-see below and back of this application.) City: (Middle Initial) Strap #: State: Zip: City: State: Zip: Mailing Address (if different): 6. Business Phone Num er: ( 7. Business located in: ) Residential Alternate Phone Number: ( ) Commercial Property 8. Is the physical address located within a city limit? Yes: If yes, attach a copy of your city local...
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...by another business. As an example of how the court would verify this kind of situation, in the case RICHARD STORE CO. v. RICHARD'S WAREHOUSE SALES & AUCTION GALLERY, Inc. The Supreme Court affirmed in part and reversed in part a lower court decision that enjoined defendant from using the name "Richard" in its advertisements or to use it to acquaint the public with its goods or merchandise. The court held that the decree should have gone further and prohibited defendant from performing any act of advertising that would directly or indirectly represent to the public that plaintiff and defendant were affiliated. (63 So. 2d 502; 1953 Fla) In reference to the Gabby’s case, Gabby cannot use the name Rally’s as she wishes even though it is her surname. It is important to verify if any business in the local area is using that trade name. Of course she would be able to keep the legal name but always with a choice to change to a fictitious name if needed. It is required on all government forms and applications the use of a legal name of any business including applications for employer tax ID, licenses and permits. This legal name does not reflect on the name that the business wants to use on its regular operations. To use a different name a business should have a fictitious name registered with the local government agency. As explained by SBA.gov, 2011 “A fictitious name (or assumed name, trade name or DBA name, which is short for "doing business as") is a business name that...
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...[pic] Sample Business Plan (A Service) SMITH E-COMMERCE CONSULTING Mary Smith October 31, 2014 |Section 1: The Business Profile | |Description of My Business | | | |I plan to provide a complete service for the design, installation and maintenance of E-commerce marketing functions for my retail | |clients. I intend to evaluate the success of each installation and follow up to make changes to improve the effectiveness of the each | |site. | |Targeted Market and Customers | | | |My customers will be small businesses that can enhance their present sales by the utilization of E-commerce. Typical clients will | |require sites for the dual purpose of providing 24-hour information to customers as well as providing...
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...DOING BUSINESS IN INDIA: India offers a stable and business friendly rules and regulations to start a new enterprise. Indian legal environment and policy attracts several foreign association and collaboration for doing business in India The factors that facilitates doing business in India: 1. The Indian economy is growing at a scorching pace * Gross Domestic Product during 2010-11: US$ 1518.2 billion (Rs 73.1 trillion) * Per capita income during 2010-11: US$ 1146.8 (Rs 54,835) 2. Foreign exchange reserves are rising * There is a steady flow of FDI: Amount of FDI inflows (for June 2011): US$ 5.6 billion 3. Exports are growing 4. Political factors: Better trade regulations and increase in the employment rate 5. Technological factors: Technological changes in India is for the growth of the country as there are new or improved distribution channels, improved communication and knowledge transfer 6. The capital market is booming. 7. Increasing demands of people for growth 8. Labor: India’s labor force is commonly viewed as being low-cost and highly skilled. Indeed, this perspective has induced several MNCs to out-source to India or to set up branches there 9. Infrastructure: Increase in private participation in infrastructure has lead to better results 10. Finance availability: There are large number of institutes that provide finance at a cheaper rate 11. R&D : research in comparison of the past has increased a lot...
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...August 31, 2014 Mohamed Eissa Doing Business in Global Markets and the Effect Technology Has On The Industry There is no one nation, even with all of todays advanced technology, that can produce all the products its people want or need. Since the beginning of time nations have traded with other nations to get things their people wanted or needed. One reference that comes to mind is the many ships carrying gold, silver and other valuable goods that traveled from Europe to South America to trade their goods for spices. Exporting simply means selling a foreign country or companies goods and Importing means buying a country or companies goods. There are 194 countries that make up the global market. Some of these nations such as Venezuela and Russia have abundant natural resources but have little technological know- how, while other countries such as Japan and Switzerland have few natural resources but are rich in technological know- how. Through the process of free trade they can buy or trade their goods or money for things their countries need or want. Free trade is the movement of goods and services among nations without political or economic barriers. Countries also exchange more than goods and services, such as medical advances, space exploration and even labor. There are two theories of this exchange. The first is the Comparative Advantage which states that a country should sell to other countries the products it produces most effectively and efficiently, and...
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...buying of land. The company had agreed to do business with another company for the sale of land and both CEO of the two parties had already agreed on prices. Therefore, the report would how well the company will deal with the first customer and be able to cope with the problem that has emerged. (Chavez & Maes, 2006, April). It is with regard that I am reporting on an issue that had already been realized which is difficult to agree or disagree with. We were selling the land to company WXYZ but due to an appreciation of land within no time, we are ready to shift your deal to the billionaire who is willing to buy the land for a good price. The CEO to the company made a mistake in having an oral contract with the other party. This is because, if you promise to sell something to someone else, you have already made the contract. Apart from promising to sell the land, the CEO had already received ten thousand US dollars to make the contract live. As everyone is aware that a contract is a legally enforceable agreement between two or more parties. We as the company after realizing that we have made a woeful contract it is not a wise decision to get out of the deal. (Galaty, 2002). Therefore, the contract is real but we want to come out of it. The only alternative we can have is asking the other company whether they are willing to pay the amount the billionaire is willing to pay. If yes, we can assume the billionaire and do business with the company. If they are not ready relating...
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...Rally Round the Trade Name 1) Explain whether or not the fact that Gabby’s surname is Rally gives her the right to use it any way she wishes. I believe that Gabby has the right to use her surname “Rally” in her pizza business because it’s a different business and is not harming the Rally motor business As long as it’s a different type of business, then Gabby can use the last name “Rally.” Now, if Gabby wants to open up an auto business, she cannot use Rally as the name of the business because it will be confliction with the already existing business. A name or a trademark is what differentiates a business from any other business. Each business name must be unique according to its form or type of business. Just like two corporations cannot have the same name within a state, two auto businesses in the same town cannot have the same name. Gabby cannot use her last name in any way she wishes to. If there already exists a business named “Gabby’s Auto’s” she cannot open another auto shop with that same name. If she were to be allowed to do so, confusion will be created amongst consumers. It would be unclear to which “Gabby’s Autos” one is referring to so she would have to change the name of her business to something else, something more distinguishing that would avoid any kind of confusion. Just because her last name is Rally, it doesn’t give her the right to use it as she pleases. If this were the case, millions of businesses would have the same name worldwide and there would...
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...Business Driven Technology Unit 5 Transforming Organizations McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. Unit Five O Chapter Seventeen – Building Software to Support an Agile Organization O Chapter Eighteen – Managing Organizational Project O Chapter Nineteen - Outsourcing in the 21st Century O Chapter Twenty – Developing a 21st-Century Organization 18-2 Chapter 18 Managing Organizational Projects 18-3 LEARNING OUTCOMES 1. Explain the triple constraints and its importance in project management 2. Describe the fundamentals of project management 18-4 MANAGING SOFTWARE DEVELOPMENT PROJECTS O Analysts predict investment in IT projects worldwide through 2010 will be over $1 trillion O 70 percent will be lost due to failed projects O The consequences of failed projects include: O O O O O Damaged brand Lost goodwill Dissolution of partnerships Lost investment opportunities Low morale 18-5 The Triple Constraint O Project management interdependent variables 18-6 The Triple Constraint O Benjamin Franklin’s timeless advice - by failing to prepare, you prepare to fail - applies to software development projects O The Hackett Group analyzed 2,000 companies and discovered: O Three in 10 major IT projects fail O 21 percent of the companies state that they cannot adjust rapidly to market changes O One in four validates a business case for IT projects ...
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...biotechnology, machinery, watchmaking, banking and insurance. Iceland’s economy benefits from renewable natural resources, in particular rich fishing grounds and hydro and geothermal power. Whilst still relying heavily on fishing and fish processing, the Icelandic economy has increasingly diversified into other industries and services. Norway is abundant in natural resources also contribute significantly to economic strength. Key activities relate to petroleum exploration and production, hydroelectric power and fisheries. Important services sectors include maritime transport, telecommunication and energy-related services [2]. Knowing the highlights of EFTA States, the following discussions and analyses will serve as your guide and basis in doing business with them. This is to discuss how the industry and the company be affected by the various global environment: Economic, Cultural-Social, PoliticalLegal and Financial. I. Economic Environment The Washington, D.C. complies a survey of more than 175 countries ranked by degree of economic freedom. The following are the key economic variables being considered: trade policy, taxation policy, government consumption of economic output, monetary policy, capital...
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...Doing Business in Germany September 12, 2015 Doing Business in Germany Conducting business abroad in Germany introduces a different culture and different practices. Before committing to doing business in Germany it is important to consider factors such as differences in location, language, culture, meeting etiquette, negotiation styles and business protocol. If these considerations are addressed before hand a business endeavor in Germany will have a better chance of succeeding (Varner & Beamer, 2011). Germany is a federal republic located in central Europe. Germany is the eighth largest country in Europe after Russia, Turkey, the Ukraine, France, Spain, Sweden, and Norway. It is located centrally on the European continent and borders nine other countries: Denmark, the Netherlands, Belgium, Luxembourg, France, Switzerland, Austria, the Czech Republic, and Poland (Chow, 2015). With the biggest population of all the European Union countries, Germany’s population density is one of the highest in all of Europe at over 230 persons per square kilometer. The UK, Netherlands, and Belgium are the only countries in Europe with a higher population density (Chisolm, 2011). The official language of Germany is German. As would be expected, the majority of German citizens speak German (over 100 million people). Some minority languages in Germany include Danish, Sorbian, Frisian, and Romany. Turkish, Kurdish, Polish, the Balkan languages, and Russian are the most commonly spoken...
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...Panama Introduction If a countries culture can be define as the state of intellectual development among a people, the business culture might be had to be the state of commercial development in a country. But business culture is not made by the commercial development alone; attitudes, values and norms define and make part of a business culture in a country. (Hart) Taking into consideration all of the characteristics and costumes of a countries culture will help you understand and do business with enterprises and make your negotiations much easier. Most people believe there is a single homogenous Latin American business culture which is an erroneous idea. Each country has their own culture and rules of doing business. On this report there will be tips and rules on how to do business in Panama as a foreign partner in order to achieve success when working with Panamanians. General information The Republic of Panama is the southernmost country of Central America. Panama connects the both continents South and North America. Panama borders Costa Rica and Colombia, it also has access to the Pacific Ocean and the Caribbean Sea. Since it is connecting both North and South America some schools teach that it forms part of South America and others that it is part of Central America. The capital of Panama is Panama City. The population of Panama is approximately three million five hundred thousand. The total area is 29,157 sq miles almost the size of the state of South Carolina...
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...grant permission to reproduce portions of the work promptly. For permission to photocopy or reprint any part of this work, please send a request with complete information to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, USA; telephone 978-750-8400; fax 978-750-4470; Internet www.copyright.com. All other queries on rights and licenses, including subsidiary rights, should be addressed to the Office of the Publisher, The World Bank, 1818 H Street NW, Washington, DC 20433, USA; fax 202-522-2422; e-mail pubrights@worldbank.org. Copies of Doing Business 2012: Doing Business in a More Transparent World, Doing Business 2011: Making a Difference for Entrepreneurs, Doing Business 2010: Reforming through Difficult Times, Doing Business 2009, Doing Business 2008, Doing Business 2007: How to Reform, Doing Business in 2006: Creating Jobs, Doing Business in 2005: Removing Obstacles to Growth and Doing Business in 2004: Understanding Regulations may be...
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...Doing Business in Japan Nemawashi is a concept in Japanese culture wherein important decisions are derived from a consensus. The original meaning of Nemawashi is “it smooth around roots before planting” (Nemawashi, 04/12/2010, http://japanese.about.com/library/weekly/aa080597.htm). The Japanese use the term in their business culture to mean that there must be an agreement with all prior to making an important decision regarding the business. One advantage of this type of business structure is that it gives everyone involved with the business an opportunity to evaluate all agreements and decisions that are to made. This is similar to an agenda in US business culture in that, all information pertaining to what decision is to be made is is set before everyone and as a business they work together to develop a strategy that works for all. Another advantage is that with the consent of everyone involved it will allow the company to do away with most if not all disputes. With US Corporations the decision making is usually done by head executives. They make a decision and order the decision to be followed from top to bottom. This can be considered a disadvantage, being that a lot of times the top is unaware of the consequences either positive or negative the decision that was made has on the company as a whole until something bad or good has happened within the company. A disadvantage of nemawashi can be the time it may take time for everyone to come to an agreement regarding a decision...
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