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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 much do you tip at a hair salon?

Depends what you had done and how your service was. Usually it's $5-$17. Again, it depends what you had done...color, cut, style, highlights, etc. Hope this helps! :)

What is a hairdressers business aim?

derrrrrrrrr.. TO dress hair!!!! c mon ppl there r better questions to ask then this!!!!! sorry. im tired. BYE BYE

Which is better for business performance efficiency or effectiveness?

the question needs context. if the things being done are repetitive, they can be reduced to a process and done efficiently and in the limit also taken to the point of automation. if things are creative by nature, or one-offs, then effectiveness must be the order of the day. all of this clearly assumes that only those things are being done that are appropriate and directly relevent to the business. no one is interested in the most efficient or effective answers or processes if they do not add value to the business. what do you mean by efficiency and effectiveness of mis(management information system)

The skills of entrepreneurs in the business?

Communication, passion, leadership, decision making, planning, goals, team building, goal setting

Disadvantage of small business?

One disadvantage to a small scale business is the fact that management will not benefit from purchasing products at discounts. Large businesses are able to reduce their cost because they can buy in large numbers.

What Degree you need to own a winery?

A degree is not required to own a winery. Many wine owners have no degree. They may have learned about wine "hands-on" or they may hire managers and wine makers to oversee the growing of the grapes and the production of the wine.

It does, however, require lots of money to purchase and maintain a winery.

What is your advantage over other applicants?

When an employer asks you what your advantage over the other applicants is, you need to be confident when answering the question. Give all your strengths which may include punctuality, ability to meet deadlines, self-motivation and being able to work at no supervision among others.

Main definitions of rural entrepreneurship?

An agricultural entrepreneur is that person who innovate new verity seeds & pesticides and improve the fertilization power of field

What is the best small business to start with?

I have a number of key items that need to be answered by you to get to an honest answer. First question you have to answer is, do you want employees? are you willing to manage them, hold their hands, take their problems as yours, and etc etc. Or do you want to have a business that does not have employees. or if you do it is one or maybe two.

The second question deals with the capital requirements to start a business. Do you have the money to start. Are you starting with 5,000 or $100,000. This matters. If the business you want really costs $100,000 and you do not have it, don't start. Or worse if you have a business that should take $150,000 to start and you only have $70,000 then you are going to be in real trouble.

The third question deals with the type of sales is involved in the business. Meaning that, is the sale a walk in retail business, or is it a business to businesses type of business. And or is it a business to business but the businesses that you are going to sell to are the big box companies such as Home Depot or Target and you have no experience selling to big box companies. Do not assume that you are going to just find that perfect sales person to run things for you, not unless it is your brother and he wants a break from the top companies.

Answer these questions and then you will start down the right path.

Sam Maropis

http://ChartingDreams.com

Sam@chartingDreams.com

Why conceptual and technical skills are more important to a manager than human skills?

You may have to re-think your question. Human skills are NOT less important than conceptual and technical skills. In fact, if one would observe the needed skills as one goes up the leadership/management ladder, conceptual and technical skills vary. But Human skills remain constant. In every level of leadership - Lower,Middle, Upper management - the need for human skills remain very important. Aprox. 80% of a leader's day involves dealing with people.

How many businesses failed during Great Depression?

In the Great Depression, over 11,000 banks failed, and over one million family farms were lost.

Why is franchising important in today's economy?

Franchising is important in today's economy because in most retail businesses there is a large amount of competetion but franchises ensures a success!