Monopoly.
the disadvantage you are responsible for the failure of the business
horizontal integration
You will be burglarized or even have a fire, that may ruin your business.
You're the boss, and you make the hours.
You can respond quickly to changes in the marketplace
Vertical Integration is owning a section of a business and horizontal integration is owning all businesses in a certain field.
There are no educational requirements for owning and operating a business. However, a degree in business would be extremely beneficial, and lack of a business education today is one major reason why some businesses fail.
International business is a transaction between businesses that are located in different countries, as opposed to domestic business, which is a transaction between businesses in the same country. Examples of international business activities are investing in businesses in another country, owning a retail store/distribution center in another country, owning a manufacturing plant in another country, importing from another country, and exporting from another country.
Yes. Businesses often lease their vehicles instead of owning them.
Entrepreneurship is the process of an individual owning their own business or several businesses. The term entrepreneur was first used in 1723.
Business legal services refers to legal providers offering services specifically for businesses. Business legal service providers specialize in the laws that govern owning and operating a business, which are very different from laws and regulations for individuals and families. These types of legal services provide a variety of services for businesses.
travel to cuba, go to businesses, buy the business that gives out nothing but political corruptos. you will get hundreds.
what are some of the risks associated with owning your own business
Owning a franchise tends to be a bit easier than owning a business and a pizza business is a lucrative field.
That entirely depends on how successful the business is. In the first years of most businesses the owners usually don't manage to get much pay. Later, the rewards may be high.
You can find the benefits of owning a small business at http://www.getrichslowly.org/blog/2009/08/08/the-benefits-of-starting-a-side-business/. Also try http://www.enetsc.com/doctorebiz.htm.
Virtual Integration is to have control on the departments or businesses in the chain without owning them.where, Vertical Integration is like owning the departments or businesses in the chain.