Business – Small Business
Small business: In our definition we consider that business as a small business, which are registered with Government agencies and requires initial capital of 500,000—25,00,000. The turnover for a small business ranges from 25,00,000—50,00,000 and number of employees’ ranges from 5—50 depending upon the nature of business. Examples of small business in Pakistan: 1. Nagori milk shop 2. Time medico 3. Almas dish washing powder 4. Allahabad stores 5. Kaybees Entrepreneur: An entrepreneur is someone who recognizes his opportunities. He raises the capital and other resources when needed and takes some or all the risk. 1. An entrepreneur must have total commitment to his work 2. To achieve success he requires lot of hard work. 3. A good health is necessary for doing all the hard work. 4. Self discipline. He should not deviate from his target. 5. Originality of ideas 6. Investment. To start the business he requires financial resources. 7. An entrepreneur must have a need to achieve a success. 8. He should be self-confident. 9. Mental strength is very important for an entrepreneur. 10. Relationship with people. How he interacts with customers, suppliers, and employees is very important characteristic. 11. Recognition 12. Ability to communicate with people and to understand how another person thinks is very important. 13. He should have technical knowledge of his business. 14. He should have the ability to make quick and correct decisions. Entrepreneurs as a role model: 1.
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Analysis of Subway Chains and their Creator Fred Deluca Fred Deluca may not be known to the world, but his restaurant is. Today many people eat at the famous submarine sandwich shop called SUBWAY, now the second largest restaurant chain in the world. It offers a healthy alternative to fast-food. Today, there are more than 15,000 restaurants in 76 different countries. Fred Deluca made The study of economics Some of these I Will comment on. First of all, technology levels affect a societies economy, So by learning what products are produced and how they are produced, you can See how technologically advanced a society is. By examining where the produced Goods are sent/used you can get a better idea of what type of The study of economics Some of these I Will comment on. First of all, technology levels affect a societies economy, So by learning what products are produced and how they are produced, you can See how technologically advanced a society is. By examining where the produced Goods are sent/used you can get a better idea of what type of Computers Sample essay topic, essay writing: Computers - 1576 words
Burke BembridgeBus 110First EvaluationInstructor; Dr Chris EhiobucheDescribe the term Entrepreneurship and the challenges of starting a small business Entrepreneurship is the dream of a lifetime for most individuals. The idea of being in control on one's financial future by establishing, owning, and operating their own business has Business Ownership Types BUSINESSES It is known that commercial life is full of risk. Co-operation of people or small businesses constitutes big companies and businesses. Owning a business has lots of advantages and disadvantages. We can classify businesses in five basic categories. First of all, the easiest way to set up a business is sole trading. Everyone can
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