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Small Business and Entrepreneurship
Small businesses are usually family- and privately-owned establishments with a limited number of employees. Starting a small business is a form of entrepreneurship. It is like turning a ‘problem’ into a ‘profit’ or a ‘need’ into a ‘demand’.
6,973 Questions
How do you maintain an indoor mud bath for a health spa?
i am helping some one with there home work so sorry
What type of licenses would you need to open up a hair salon?
You need a salon/parlor store licences to open one up. Or you can apply to a legel store buying licence, which allows you to buy someones elses salon if you want. I will know cause i own a multi-million chian of hair salons across the World!!!!!
What is exclusive distribution and will you recommend exclusive distribution for FMCGs?
Exclusive distribution is when you only have one outlet/store in a given area for your product. The store can enjoy a higher margin and little competition and so may perhaps prominently place the product to encourage sales. This may help the product seem more desirable, make more money per sale, and minimize channel conflicts, but may reduce total profits.
Fast-moving consumer goods (FMCGs) are usually not distributed this way but it is reasonable to consider when manufacturing or distribution is constrained (you can't make fast enough) or to make the product seem more special in its early stages.
What is the role of entrepreneur list some tactics he uses to grow his knowledge?
an entrepreneur roles
How do small businesses promote themselves?
Since their economic power is much lesser compared to big business houses, they form area, zone wise clusters to compete in this highly competetive world. Various chambers of commerce,business promotion councils guide them about various ways for survival.
What are the duties of a customer care officer?
That depends on the company, but overall, to treat customers kindly, and to do what we can for them. It is important to never make it personal. If they are frustrated, we can help and explain, but never act frustrated back at them.
Why do business customers order ground start signaling lines?
Business systems with such as a PBX or key system are adversely affected in incoming, outgoing call collisions and therefore require a special signaling method - Ground Start Signaling - to eliminate the chance of glare.
Describe two quality control measures a business should adhere to?
two quality control measures a business should adhere are:
1.sanitation inspection
2. bereau of standards
What is the most important effect that entrepreneurship has on the us economy?
Its because its huge for any economy and if more people were one the financial problem could be no more.
Sources of capital for small business?
There are several sources of capital for small businesses. For the start-up, the entrepreneur oftentimes will use their own capital, credit cards, line of credit and funds from friends and family members. Also, some angel investors may have interest in investing capital in the start-up, aka, 'pre-revenue' business.
If the business has operations and is revenue producing, credit unions and banks are possible sources in addition to those mentioned for the for the start-up.
In all cases of outside capital, the entrepreneur should have a comprehensive business plan and disclosure documents available to offer the potential investor. The disclosure documents are not the business plan because the information in the disclosure documents relates to risks associated with the business whereas the business plan provides a 'road map' for the business to achieve it's, i.e., 5 year goals.
Difference between entrepreneurship and small business?
can i get more points about a question asked that " describe the different between entrepreneurship and small business'
What are the factors that affects business ownership?
1.) nature of business
2.) the extent of capital
3.) Number of people
4.) prevailing business climate/government policies
5.) Business knowledge
