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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

Advantages and disadvantages of working capital?

1.measure growth of the firm

2.for comparison with other firms

3.appraisol of management performance

1.additiona cost to firm

2.

What is the average rent for a small business?

Rent is averaged around 2 USD per square foot. So averagely the 500 sq ft building will be 1000 dollars a month. Give or take, it will depend on the buildings location and many more factors which may change how much the rent will be.

What is control and coordination?

Control is the power of restraining and regulation by which something can be started, slowed down or stopped. Co-ordination is the working together of various agents of the body of an organism in a proper manner to produce an appropriate reaction to a stimulus is called coordination.

What is IKEA aim?

Their aim is to try and make a better life at home for people who purchase their products.

And to provide them with functional furnishings at the lowest prices so as many people as possible can afford to buy them.

What is IKEA's aims and objectives?

Aims and Objectives of Ikea

- Too produce cheap and affordable product for the public/customers.
- Better life for those who cant afford expensive products.
- Ensure the customer finds what they are looking for in store.
- Low prices.

A business plan is a?

A Business value plan.

It is the perfect starter package for home offices that gives value to the owner of the business, which includes discount charges, cash management, investment services, business premium plan, free addition line and 1st month fee waived. etc, to give value to the owner of the business

Are pyramid schemes really worth getting into?

Pyramid Schemes are illegal , they sell nothing and just trade money, on the other hand there are very legit, ranked by the better business bureau MLM's. Some of which have high ranking government officials even doing them. I have been a entrepreneur since the age of 17 and became a millionaire by the age of 25, hard to believe even to me but I worker basically 24/7. MLM's are based on the more people on your team the more that get's done, therefore more profit for everyone.

If you had to sell 100 cell phones tomorrow could you? Most likely not but if you had a team of 50 that had to sell two each it is very possible. I retired at the age of 50 when one of my sons was in a motorcross accident and suffered permanent brain damage. I now offer free advice to people looking to change their path in life which is living paycheck to paycheck and to start fulfilling their dreams.

When was the Waverly nightclub knocked down in Ellesmere Port?

the Waverly night club has not been demolished it is still standing and might be re opening soon if the present owners can get planning permision from the local council

What are the consequences of poor planning and poor controlling in businesses?

the consequences of poor planning and poor controlling in the businesses 1. retrenchments of jobs 2. economic melt down 3. insolvency 4.bankraptancy 5. recession 6.the escalation of crime due to job loss

What does peruse this tome diligently mean?

Peruse means to read carefully at length, a tome is a book specifically a large heavy book and diligently means to have care, in modern parlance the phrase would mean taking a long time to carefully read a book carefully :-)

In a HUF if the Karta has income from salary will his salary income be treated as the salary income or an income for HUF?

Which income is regarded as HUF income?

There are five heads of income:

1. Salary
2. Profits from business or profession
3. Income from house property
4. Capital gains
5. Income from other sources

Since the HUF is a separate entity, it can earn income from all the above except income from salary.

All income that arises on the investment of the HUF's funds and utilisation of its assets is regarded as income and is separately assessed and taxed.

Types of business entity?

Following are types of business entities:

  1. Sole properietorship
  2. Partnership
  3. Corporations

Who is William murdoch?

He is the titanic's first officer. He died when the titanic sank. at the age of 39. He is the titanic's first officer. He died when the titanic sank. at the age of 39.

How do you become a millionare in 24 hours?

It's impossible, there's no get-rich-quick scheme, unless you must have a over-perfected plan to set you on that one day.