Small Business Essays

To begin a new business, there must be an initial idea for a specific business plan. The business plan will provide the essential guidelines that explain what services or products that business would want to provide, the action behind the selection of that business for specific product, and the financial …

Starting a business is a risky venture. Several studies have shown that over 30 percent of new small businesses fail within the first two years of establishment and more than 50 percent completely go out of business. The latest research by Small Business Administration (SBA) shows that two thirds of …

In this study we are going to explore possible causes leading to failure of Small to Medium businesses. In today’s economic environment Small to Medium enterprises is viewed as a driving for the growth of economies (Wenneckersa and Thurick, 1990. Small firms are defined on the grounds of measure such …

According to Scarborough (2013) very few entrepreneurs have adequate personal savings needed to finance the complete start-up costs of a small business: many of them must rely on some form of debt capital to launch their companies. Cornett et al. (2015) also stated that debt is utilized by numerous corporations …

Introduction: Tibet Travel is a holiday company which was set up in 1990 by Mr Amar Akbar Anthohy. Using his savings Amar opened a small bucket travel shop near the High charted flights tickets to three major destinations in Tibet – Tumbai, Theli, and Toa. The business developed quickly. Amar …

Small and medium sized enterprises form the foundation of the United Kingdom’s economy by generating more income and creating notable and important contributions to the economy, its main performance and the productivity. The Small and medium sized enterprises are the main backbone of Britain’s economy. It is said that Napoleon …

Beginning a small business is often a question of guts. Many people who have the will and desire to open and operate a new business often hold back whenever they think about the failure of the business. Perhaps the high tendency of individuals to open small businesses as sole proprietorships …

A small business owner is defined in various ways. In general it is a firm which employs less than 500 persons. The small business firm makes a significant contribution to the US economy as it makes up for 99.7 percent of US employers, generates over 50 percent of non farm …

* Sole Proprietorship A sole proprietorship is a business owned and operated by single person. The big numbers of businesses owned by sole proprietors indicate the popularity of this ownership type. This is so because of certain advantages unique to sole proprietor. * Advantages 1. ease and cost of formation …

The next step of any company after having set a firm stable ground is to go international to make the brand recognizable and make more profit. Having the company to be run in international level could be proven rather hard. Especially for the small business as the beginning are proven …