Running Own Business Or Work For Company

Submitted By IsahZia1

Words: 424

Pages: 2

Open Document

Running Own Business or Work for Company In today’s uncertain economy it’s not easy to start a business. There are many ups and downs in business, starting a business require a lot of thinking and research. It requires commitment and dedication towards a business. To run a business, you should have knowledge of market, management skills, and know the importance of relationship between you and your customers. When you start your business, you have to find clients and work for yourself. First of all, you have to invest a lot of money. Either its legal paper documents, or to operate with employees. You have to find good and safe location to run business well. Along with knowledge and skills, to start a business a lot of invest is required, if your financial stable and you can handle the risk and you are ready to face up and downs in business, than you can start your own business. Profits or losses directly affect to the owner. It is unpredictable if your business is going to be successful or a loss. When you own a business you have the responsibilities to train your employees, you to look after the inventory, pay checks for employees, and all the legal paper work and taxation. You have the power to decide anything for your business. Even finding a job these days is not easy. To have a job in company, you need to have skills and knowledge for the position you are applying for. There is no certainty working in a company, if company is doing badly, you might get fired

Essay on A Vital Part Of Owning A Business Is Managing The Performance Of The Business

A vital part of owning a Business is managing the performance of the Business. A vital part of assessing the performance of your Business is by the use of Benchmark Analysis. Industry benchmarking allows for the evaluation of your business’s financial and operational performance in relation to a specific group of your peers (companies of similar size and scope operating within your industry). Benchmark Analysis is the process of comparing the performance of your business to that of similar businesses…

Words 337 - Pages 2

Baileyruss Proj4 V1 Essay example

plays a large role in the world, no house or road can be built without it. Playing in the dirt is something that I have loved and have continued to do ever since I was young. Getting paid to “play” in the dirt would be a dream for me, and that is why owning my own excavation company is my dream job. Within this paper I will inform you as to what an excavation company does, what it takes to own a successful excavation company, and why working in the dirt is my dream job and what it will take to start…

Words 1169 - Pages 5

Essay on Gun Control 2

Gun Control Gun Control, one of the most debated topics in recent times. With discussions and controversies on whether to enforce stricter laws on owning guns, this discussion on gun control is endless. There is no right and wrong for owning a gun, however, the way people have been abusing the amendment to bear arms is wrong. In recent years more and more issues come up with mass shootings and innocent people getting shot. The gun control policy needs to be much stricter. Guns should not…

Words 848 - Pages 4

Spacecat: Business Analysis

What prompted you to begin this business? “Ever since I was a child, I’ve collected over 200 comic books and it started when I was growing up. I used to go to a small comic store that used to be in this same lot and I would go in and just admire at all the comic books that were on the shelves. One day, when I got my allowance, I went here and I bought my first comic book for 50 cents back in 1979. I’ll never forget that experience, so when I turned 25, I invested around $8,000 to create this store…

Words 478 - Pages 2

Life Goals Essay

my two years of community college at TCC to earn my Associate’s, and from there transfer to the University of North Texas to earn my bachelor’s in business. For a number of years I have dreamed of owning my own hair salon, and the best way to start out is to be educated on how to manage business money, and learn the fundamentals of running a business as well. It is also best to start off with a degree and an education before going in to the cosmetology field, so that there will be a degree to fall…

Words 441 - Pages 2

Essay about Avalon Vs The Way The Family Got Away

and third generations of the American side of the family are starting to search for their own America dream, which is not very liked by Gabriel and his part of the family. Gabriel believes that now that Jules and Izzy have started their own business, they all of the sudden thing they’re better that the rest…

Words 634 - Pages 3

Essay about Ethics: Social Responsibility and Milton Friedman

America are managed in many different ways. Is there a correct, moral, or wrong way? I will discuss the view of two men Milton Friedman and John Mackey, who are both trying to show that their way is the correct and ethical way of owning and running a business, and that others should follow. Milton Friedman states “there is only one social resposibility of businesses, to use its resources and engage in activities designed to increase profits so long as it engages in open, free competition…

Words 632 - Pages 3

Creating, Financing and Marketing a Business Essay

Creating, Financing and Marketing a Business Business 100 8/26/12 Creating, Financing and Marketing a Business This paper will focus on the total creation of a new business. First, will be a look at the pros and cons of a partnership as a form of ownership. Next is a review of the different funding options for a small business. Then a description of how managerial accounting can help with cost, incremental analysis and budgeting. Finally is a review of a marketing strategy and how social…

Words 1093 - Pages 5

Essay about Keiretsu and Business Groups

Comparative large Japanese and Korean business groups g p keiretsu and chaebol INTRODUCTION ► An oustanding feature that both Japanese g p and Korean economies share is the dominance of large business groups – keiretsu in Japan and kaebol in Korea. ► Their Influence is not just restricted to the economy, but also they have maintained very close relationships with their governments. ► B recruiting mainly from top-universities By iti i l f top- i t iti they control first-rate…

Words 1279 - Pages 6

Difference Between E Commerce And E-Commerce

University Unit 3 Individual Project MGMT305-1301A-01 March 3, 2013 Abstract This paper will discuss the definition and growing trend of e-commerce and m-commerce. It will discuss the type of Internet business model that Faith Filled Fibers should use. Then it will discuss the benefits of using and owning an Internet website. Lastly, it will review the specifications (both functional and technological) that a computer, laptop, or smart phone should possess in order to fulfill the website requirements…

Words 1063 - Pages 5