...An Assignment on New Business Idea Subject Course:Principles of Marketing Submitted to, Mansura Akhter Lecturer Dept. Of Marketing Jahangirnagar University Submitted by, Mountain movers Dept. Of Marketing Jahangirnagar University Date of submission : 15th October, 2011 Group Profile Group name: Mountain movers Group leader :Mariam Tasnim Class ID: 1933 Name of group members: Mariam Tasnim Class ID:1933 MD. Tashrik Hasan Sondhee Class ID: 1264 G. M. Ekramuddin Shafi Class ID: 670 Fahmidur Rahman Fahim Class ID: 671 Fateha Khatun Class ID:635 MD. Aman Uddin Class ID: 2119 MD. Redwanul Islam Class ID: 675 New Business Idea Our group mountain movers is thinking about a new business. We would like to share it with our honorable teacher Mansura Akhter and other people who are interested to know. Our idea is to use Brown Paper to make packets of Biscuits, Chips, and other food products. Why we are thinking about Packets made by Brown paper?? A question can arise and that is why we want to use Brown paper. We have specific answer. And that is we don’t want to harm our environment. Usually we get those food products in plastic packets. ...
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...New Idea…New Business Virginia Fincher AIU Online Abstract I have a great idea for a new kind of home appliance that, I believe, will meet the everyday needs of consumers. I have done some market research and now have to convince my husband that my idea is legitimate. I have to consider the different business types. The pros and cons of each type and make a decision on which business type would best suit my needs. Title of Paper I have a great idea for a new kind of home appliance that, I believe, will meet the everyday needs of consumers. I have very little financial skills and no management skills. I need to create a company so I can begin the process of introducing my product to the consumer. I do not have a very high net worth, so I don’t know how I will get the funding I need to begin this journey. There are products on the market now that are similar to my idea, but have been proven dangerous. I don’t have any knowledge about manufacturing this product, except that it will cost a lot of money. I do believe that if I can get it manufactured and presented to the consumer, it would be applicable in a wide range of other products. I now need to convince my husband that my idea is legitimate. I have given him two examples of other products that were invented for one purpose, but have proven to have very widespread uses. I believe my product will have the same success. I have completed some...
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...Implementing a New Business Structure at Acme Fireworks Timothy Taylor BUS311 Business Law I Beverly Rudnick September 28, 2015 Implementing a New Business Structure at Acme Fireworks As the operational needs of a business change, the business must change with it. During expansion, it must evaluate its position and its future potential and make decisions as to the structure and operations of the company, current and future obligations, its risks, the kind of workforce that is necessary, and how to implement this body of people for maximum effectiveness and profits. Acme Fireworks is no different. Acme Fireworks is a fireworks retailer and display company that has grown from humble beginnings in a garage to 15 employees in the last two years. It is a sole proprietorship. But the company is experiencing an increase in sales and interest. The company is also exploring the option of expanding into fireworks displays for venues as several local businesses have made inquiries about supplying such a service. This may facilitate future growth, but how? The owner is asking the manager to explore and recommend options. Of particular importance, the owner of Acme Fireworks has been in preliminary negotiations with business customers inquiring about large fireworks displays. The owner explains that the orders could be filled, but has not specified a delivery. It was also discussed that most of the cost of a display is for skilled labor, insurance, and the service...
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...up a new business or buying an existing one in New Zealand. We will begin by explaining why new ventures appear attractive to those entering the world of business, and then describing the more undesirable aspects of new start-ups. We will then continue on to explain the benefits of purchasing an existing business, and then the downfalls of this approach. Lastly, we shall compare the two options and arrive at a summarising conclusion. Making the transition into becoming a business owner in New Zealand can be highly beneficial for many people; however the appropriate groundwork and research must first be completed in order to make informed decisions regarding how the business is going to pan out. Starting a new business is an attractive option for many New Zealanders as it offers capacious benefits and a potential vast improvement in lifestyle. Some of the advantages available include increased income, tax benefits, flexibility and the ability to determine all aspects of the business. Sole proprietors and owners of companies can increase their income exponentially if the business is a success, which can be a great improvement if one is unhappy with the wage they are on in their current employment. Business owners can legitimately use the tax system to their advantage, for instance if one decides to work from home, they have the option to write off a percentage of their rent or mortgage, as well as their utilities and practically anything that is related to the business, thus...
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...Guide for Business Applicants New Brunswick Provincial Nominee Program The Guide for Business Applicants explains how you may apply to the Business Applicant category of the New Brunswick Provincial Nominee Program. Forms and instructions for completing your application are included in this guide and available for download on our website at www.gnb.ca/immigration. Consult our web site to make sure you have the current version of this guide and application forms. The New Brunswick Provincial Nomination Program will consider your application based on criteria outlined in this guide. To determine if you meet the requirements as a Business Applicant, carefully review the information before submitting your application. Successful applicants must: 1. 2. 3. 4. 5. Meet eligibility criteria of the New Brunswick Provincial Nominee Program. Complete an exploratory visit, including an interview in New Brunswick. Have a business plan or proposal approved by an official from the Government of New Brunswick. Obtain a minimum score of 50 points in the selection factors. Make a CDN$75,000.00 conditionally refundable deposit. The Province of New Brunswick does not charge any fees for applications to the New Brunswick Provincial Nominee Program. The New Brunswick Provincial Nominee Program requires that the fees charged by Citizenship and Immigration Canada be included in the application. The Program has been designed to allow you to complete the application process without paid assistance...
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...Creating, Financing, and Marketing a Business Stacie Mason-Lyons Dr. Martin BUS 100 February 26, 2012 . A partnership is when two or more people come together to form a business. There are at least three different types of partnership: First is the general partnership, where all owners have the same stake in the business’s daily functions and financial liabilities; second is the limited partnership. The limited partnership defines a partnership where at least one partner acts as the general partner, and at least one is a limited partner. All partnerships require at least one of the partners to be a general partner, or owner. The limited partner(s) will normally have a financial stake in the business, but will have no bearing on its daily functions and very limited financial obligations, other than their initial investment. The third type of partnership is a newer form of partnership, and is known as the Master Limited Partnership (MLP). The MLP looks much like a corporation and is even traded on the stock exchange; yet, it is taxed like a partnership, avoiding corporate income tax. So, what are some of the advantages and disadvantages of the partnership in a business? There are many advantages to having one or more partners in a business and few disadvantages. As long as it’s the right business relationship, it can make running a business much easier and less stressful. For instance, partners can fill in for each other when traveling, if the other is sick...
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...BBC News/Business By Stephen Mahon Relevant topics – 1. First Impressions 2. Home 3. Content 4. Navigation 5. Target Audience 6. Look and Feel 7. Final Thoughts * The URL is extremely simple, easy to remember and quick to use. * The loading is almost instant with BBC. * It can be easily read by a certain type of audience. This part of the website is most defiantly geared toward a business or political enthusiast. * Colourful yet congested on certain pages. * No software is needed to be downloaded to view this site. * There is quite a bit of information below the fold regarding BBC business. All pages are narrow and can be lengthy with stories. * BBC Business contains up to date factual stories from around the world and delivers on the interest factor. The selective choice of words coupled with relevant, sometimes funny imagery leaves you feeling that you’ve grasped and understood certain stories. * Registration is optional on this site although it’s not necessary. Every page is still accessible to a first time visitor without signing up. * The BBC is factual, informative, up to date and easily accessible but it lags behind a smidge in the arrangement of its stories on the page. Congestion is a problem. * The BBC to my knowledge is available in 27 other languages. These include Portuguese, Arabic and Chinese to name a few. Its accessibility for the disabled community is impeccable. Options include audio descriptive, signed and...
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...ARKANSAS STARTING A NEW BUSINESS An Educational Brochure for Arkansas Taxpayers Department of Finance and Administration P. O. Box 1272 Little Rock, AR 72203 TABLE OF CONTENTS Page SALES & USE TAX .......................................................................................................... 1 INCOME TAX WITHHOLDING....................................................................................... 3 MISCELLANEOUS TAX................................................................................................... 5 INDIVIDUAL ESTIMATED TAX ..................................................................................... 6 PARTNERSHIPS AND LLC’s .......................................................................................... 8 SUBCHAPTER S CORPORATIONS ............................................................................. 10 CORPORATION INCOME TAX .................................................................................... 13 MOTOR FUEL TAX ........................................................................................................ 16 MOTOR CARRIER FUEL TAX ..................................................................................... 16 ELECTRONIC FUNDS TRANSFER ............................................................................. 17 OTHER IMPORTANT STATE CONTACTS ................................................................. 18 OTHER IMPORTANT CONTACTS .........................................
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...New Business Suzy Gonzalez Com/100 September 5th, 2011 Christine Piatkowski New Business Microsoft introduced the Zune mp3 player in 2006. Microsoft hoped that their portable music players would compete against the popular Apple iPod. Though Microsoft introduced innovative technologies in the Zune such as the first to include a Wi-Fi access and built-in FM radio, consumers preferred quantity to quality (Chapin, 2011). Advertising Media Microsoft has launched many marketing campaigns to promote the Zune. One of its major campaigns occurred in many college campuses across the country. Microsoft would select a group of college individuals to promote the device in exchange of free merchandise from the company. Microsoft also depended on the viral movement to promote the Zune. Videos surfaced online from technological device reviewers that generated anticipation and excitement about this new device. Magazines would also feature articles on the Zune’s capabilities and high-quality characteristics versus the Apple iPod. Microsoft partnered with MySpace to influence the current social media users. Unsuccessful Advertising Strategies Microsoft’s attempt to stabilize the Zune in the competitive mp3 market did not satisfy consumers. Young college students were an important strategy that Microsoft chose to promote their new product. The iPod was the dominant and popular mp3 player at the moment. The youth makes a product popular because if they promote it other...
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...This report indicates the history of Latvia country and the transition period of independency and the shifting to market economy. The country growth was very fast until 2008. In December 2008, facing the possibility of financial collapse and a currency crisis, they asked for a rescue and they received a $10.5 billion package funded by the International Monetary Fund (IMF), World Bank, EU, and several countries in the region. After that, it talks about the possibility that could help Latvia to restore a sustainable growth. Which are either Devalue the national currency or maintain the peg and attempt an “internal devaluation”. This case describes Latvia's transition from a Soviet republic into an EU member, its economic boom and subsequent bust in 2008, and its policy response. After implementing significant economic and political reforms in order to qualify for EU membership in 2004, Latvia had turned its sights toward joining the single-currency eurozone, pegging its currency to the euro in 2005 as a step toward that goal. From 2000 to 2007, Latvia achieved faster GDP growth than any EU state. However, when large inflows of capital suddenly dried up in 2008, Latvia had to obtain a financial rescue package from the IMF, World Bank, EU, and several regional countries in order to avoid a full-blown financial and currency crisis. Latvia then adopted an aggressive economic adjustment program centered on maintaining its currency peg, which meant competitiveness would have to...
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...DOI 10.1007/s10997-010-9154-1 Internationalization, innovation and entrepreneurship: business models for new technology-based firms Alberto Onetti • Antonella Zucchella • Marian V. Jones • Patricia P. McDougall-Covin Ó Springer Science+Business Media, LLC. 2010 Abstract New technology-based firms, particularly those that develop their business around a new technological platform, are likely to be impacted by globalization, in terms of both pace of innovation and pressure of competition. For these firms, strategic decisions and growth processes are characterized by a deep interrelationship amongst the processes of internationalization, innovation and entrepreneurship; processes which have tended to be examined independently in distinct bodies of literature. In practice strategic decisions concern each of these processes and address issues such as organizational boundaries, location of the operational activities, what activities to focus on and selection of value partners. The business model by which firms operate needs also to accommodate the spatial dimensions indicated by globalization; and the emergence of global technology markets. Little is known to date about the extent to which business models accommodate or are adapted to internationalization, innovation and entrepreneurship. This paper presents a review of the business model literature from which a generic business model framework is derived, identifying and introducing the main elements of these A. Onetti...
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...Introduction In today’s world business/services has become a very vital option as an earning source. Businesses provide goods, services, and jobs. Without businesses, every family would have to be experts at all facets of life: cooking, mechanical work, farming, surgery, computer manufacturing, video production, etc. Life would not be practical. Business provides needs and wants. It's much easier than being self-sufficient for everything in your life. It then helps with specialization of task, then everyone is more efficient in what they do and as a result, society has more. Concept Keeping track of grocery items has been a major concern of all household since the beginning of time. There are a number of items that is being purchased in the household. All of these products has a life cycle, either to use them or expire date. Our concept for a new business/service is to have a mobile app that will help keeping track of the groceries in the household. This service will be an extended service of a super shop (example: Agora, Nandon). The super shops have a membership system. Under that system they collect information about the customers shopping habits. Our app will be updated as soon as the members shopping from the super shop with the list of purchases and their validity period. The app will calculate the time the member needs to purchase those items again and will notify them. The Service Super shops have become a major source of daily household product supplier. From...
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...the chili peppers and prickly ash to increase the flavor of the food. One of the most famous dishes Kung Pao Chicken coming from the Sichuan cuisine. There are several Cantonese snack restaurants which also called dim sum restaurants in the London. Compared with the Cantonese snack, Sichuan snack mainly serves a different kind of spicy noodles and dumplings. It is common to see a Sichuan snack restaurant fill with customers in China. As the center of global economy and culture, London has a large population of 8.623 million (Ukpopulation2016.com, 2016). In addition, London is a vibrant and receptive city, the residents live in the London dare to try the new things and eating is a must activity that everyone will do every day. Therefore, it has a large market for the restaurant especially a Chinese restaurant. This new business plan is about to open a Sichuan snack restaurant in London. In fact, there are some Sichuan restaurants served several Sichuan snack in London. Compared with those Sichuan restaurants, Sichuan snack restaurant only concentrates on the range of snack. For example, in Sichuan snack restaurant, it does not offer...
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...Introduction: I have created an e-business that I called “Season Survivor.” It sells everything that you need to survive the season, online at a cheap price. Now, when the winter season is here, “Season Survivor” sells winter supplies. The products my company sells, shall be necessity products: Winter supplies to keep yourself and your family warm. Products to keep your house safe and your car going when the thermostat freezes to ice. My mission is to “become successful in providing a place where people can buy everything they need for the season, at a low price with high quality products.” To be able to fulfill my mission I have chosen a Low-Cost Leadership Strategy. A critical factor is to achieve the lowest price on both operational cost and prices. Because of high fixed cost at the beginning of a new company, sales volume needs to be high. My other critical success factor is marketing. There are many online businesses out there, and even more websites. It is difficult to make consumers buy products from your company, but even more difficult to make them visit your website. That’s way my other critical success factor is marketing. “Season Survivor” is an online retail store. The Internet business model for online retail store is often called e-tailers. E-tailers sell products directly to customers. Technology plan: It is important to have a well thought true technology plan. It gives an effectively use of technology and help minimize technology-related crises...
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...Executive Summary The business plan outlined in this article is a “fitness” club that will offer a variety of different exercise techniques in order to appease its members. We feel this market is very profitable because of the nearly 58 million people who go to gyms and personal fitness centers around the United States which brings in over $22 billion in revenue annually. There are also over 66,000 people living in Washington County, which ranks 3rd in population which has only increased in the state of Maryland over the last few years. According to USA Today, Hagerstown has an obesity rate of 38.3 percent which ranks 3rd in the United States. Fitness club memberships in the United States have also increased every year since 1987 and a strong market makes a strong business. Our gym, “Your Fitness Center” will offer its members quality services and benefits that no other club can offer. In most gyms, the top three most profitable programs/services are personal training, specialized classes, and beverages/protein bars. Our gym will provide all of these services and thus increase our productivity. Most gyms do not have a large selection of protein drinks; our goal is to provide products that encourage improved health such as healthy beverages. We will build a large complex that will include top brand fitness machines and weights personal training programs, different fitness rooms for Zumba and Pilates, along with extreme cycling classes and a theater room. Day care is even provided...
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