Premium Essay

Organizing Business

In:

Submitted By sobiakhtar
Words 1806
Pages 8
To: Investors
From: Sobia Akhtar
Subject: Organizing Business
Date: 04/22/2015

Business Brief

Introduction
Starting a business, whether small or big, is not an easy task. The procedures followed to establish a business generally determine whether it is going to be successful or not. The process usually starts with an idea and ends with a very careful study of the information available to analyze whether the idea could be successful. A business idea comes from a number of resources such as hobbies, business experience or interests. It requires a number of years of training in a business operations to prepare oneself to become responsible for the ownership. Responsibility for decisions and opportunities, in order to manage people, is a critical part of that experience.

Putting a business idea into action means searching the right time and right place to open the business. Easy access to the raw materials, transportation system and a proper timing are a few important factors in starting a business. Most of the successful businesses start when the demand for a particular product or the services is high.

Business I would like to own and why?
I would like to own a business of selling Baby Products. There are millions of children born every year, and the parents need to buy stuff for them like baby toys, clothing and other necessary items. Even if the spending is small, one area where parents cannot compromise on spending money is when it comes to their children, especially a newborn. Each parent in the world wants to provide the best to their children. Selling baby products has the potential to be profitable and can be started in several ways. Also, providing the option of purchasing items online can save the parents’ time as they won’t have to browse the store in person. They can go through

Similar Documents

Premium Essay

Organizing Business

...Organizing Business Indian Restaurant Business Business Brief Introduction Now days everybody is busy and showing interest to eat outside to accommodate day to day schedules. Especially in the U.S., Americans spend increasingly greater amounts of money on food options outside the home lead to rapid growing of fast casual food restaurants. According to survey results by the fast food research outfit Sandleman & Associates survey results, fast food users prefer to eat in fast casual food restaurants like Panera Bread, Chipotle rather than traditional fast food restaurants McDonalds, Burger King. Fast casual’s strength, such as in offering fresh, more nutritious food in pleasant surroundings and tasty food at a good price without compromising the quality standards and speed of service. During the recession, the restaurant industry struggled to see a growth. However, fast food casual achieved potential growth even with the low economic conditions of customer, interest towards inexpensive and healthier food according to their needs. Indian fast casual food restaurant Indian food has become very popular throughout the U.S. According to Krishnendu Ray, a professor at New York University, Indian food is attractive inattracted by many cities around the United States and has more than 5000 restaurants casual dining restaurants. However, there are very limited Indian fast casual food restaurants in the...

Words: 1330 - Pages: 6

Premium Essay

Research Paper on Calbee

...Organizing is a management function that combines people, performance of tasks and financial resources to get results. Small enterprises or companies with turbulent environments tend to be less complex in the organizational function because of frequent changes in strategies. Enterprises with routine technologies require a high degree of structure in the organizing function. Management has the responsibility of choosing the best organizational form for the best possible results. Instructions 1. o 1 Organize the budget to manage the objectives of the programs to be performed for maximum productivity. Determine the costs necessary for overhead to meet the objectives. Determine the projected revenues from fees, grants, gifts, or contracts. Calculate your projected profit margin. Draft a budget and provide justifications. Make adjustments to produce a working budget. Consider last year's budget for similar programs or create a new budget for new programs. o 2 Organize personnel management by developing an organizational structure to avoid wasting time, money and duplication of effort. Classify people into a hierarchy to manage the various activities in order for each employee to know who to report to and who he is accountable to. Assign supervisory responsibilities of the departments to middle level management. Assign foremen to supervise lower-level management. o 3 Review organizational goals in terms of quantity,...

Words: 267 - Pages: 2

Premium Essay

Cover Letter

...Dated: 8th January 2013 To Head of Marketing Bdnews24.com Subject: Proposal for Venue permission and Support from Federation for organizing ‘Inter-Corporate Footsal Championship 2013’ Sir, ‘Inter-Corporate Footsal Championship 2013’ is a joined initiative of Event Craft and Exito Events. Both the firms have fair experience of organizing events based on sports and entertainment. Our prime objective of this upcoming venture is to create awareness in the corporate world by proving a point that corporate professionals have the urge to play footsal if they have the platform. Big firms of our country will want to step up to the occasion and since it’s an indoor event, we the organizers can build up a formal environment for them. This whole tournament will be brought under multiple media which can only inspire more professional corporate to get in touch with such activities in the future and make a name for their firms. We are hopeful about twenty four participating firms for the competition. Our event is planned to be staged tentatively on the last week of March 2013. We are interested to organize the tournament inside the ‘National Handball Stadium’ premises for two consecutive days. Also we have a plan to stage a press conference twenty days prior to the event. It is our own pledge to create an unparallel level of euphoria and adrenaline rush this year, where we can bring in enthusiastic corporate personnel into indoors to compete against each other. This...

Words: 312 - Pages: 2

Premium Essay

Sdaasdddddddddasdas

...through window, others cook and assemble the hamburger , another works the fryer, another gets the drinks, another bags orders, and so forth. Secondly, the departmentalization are grouped together. Five common forms of departmentalization are used, although an organization may develop its owns unique classification. For example, a major Japanese electronics firms organizes its divisions along functional lines, its manufacturing units around processes, its sales units around seven geographic regions, and its sales regions into four customer groupings. Thirdly, the chain of command is the line of authority extending from upper organizational levels to lower levels, which clarifies who reports to whom. Managers need to consider it when organizing work because it helps the employees with questions. Fourthly, the span of control is important...

Words: 296 - Pages: 2

Premium Essay

Economics

...Responsibilities Full HR Spectrum Management as below:   Payroll Management *  Manage the accurate and timely completion of payroll processes. *  Prepare monthly salaries cost reports by cost centre for the respective accounts departments and to provide ad hoc payroll reports requested by business units. *   Liaison with external auditors on payroll audit. *  System test and co-ordinate with IT provider on any payroll related HR system changes, upgrade, enhancement or problem logs. * Administer staff monthly claims and deductions.   Staffing And Recruitment * Deliver high quality candidates by sourcing, screening, interviewing and assessing applicants that match the qualifications, skills and the experience specified. * Conduct Orientation Day for newly join employee * Update and maintain staff movement data and organizational charts. * Arrange corporate mobile phone, petrol card and/or email setup Attendance & Leave Management * Administer staff attendance and leave application * Compensation And Benefits * Administer staff benefits to ensure that it is according to the approved HR Policies and Procedures Employee And Labour Relations * Maintain good interpersonal relationship among employee. Labour Laws *     General correspondence with statutory bodies. Ensure compliance with all statutory requirements, its deadline and to keep abreast of current legislation. Trainings And Developments *     Organise...

Words: 266 - Pages: 2

Free Essay

Obama

...CASE: M-321 DATE: 8/27/09 OBAMA AND THE POWER OF SOCIAL MEDIA AND TECHNOLOGY In early 2007, Barack Obama was a little-known senator running for president against Democratic nominee and household name, Hilary Clinton. But on November 4, 2008, Obama made history as the first African American to win the election against Republican candidate, John McCain, thus becoming the 44th president of the United States. Obama won by a margin of nearly 200 electoral votes and 8.5 million popular votes. Many factors contributed to his success, but a major one was the way Obama and his Chicago-based campaign team used social media and technology as an integral part of their campaign strategy, not only to raise money, but also more importantly, to develop a groundswell of empowered volunteers who felt that they could make a difference. Michael Malbin, executive director of the Campaign Finance Institute said: “No other candidate has ever integrated the full picture the way he [Obama] has, that‟s what‟s really new about his campaign.”1 Edelman Research analysts said that Obama won by “…converting everyday people into engaged and empowered volunteers, donors and advocates through social networks, e-mail advocacy, text messaging and online video. The campaign‟s proclivity to online advocacy is a major reason for his victory”2 (Exhibit 1). In terms of the numbers, externally, Obama‟s campaign was able to garner 5 million supporters on 15 different social networks ranging from Facebook to MySpace...

Words: 11968 - Pages: 48

Free Essay

Best Practices for Community Empowerment

...Empowerment of Coastal Fishing Communities for Livelihood Security GOB/UNDP/FAO Project: BGD/97/017 Community Empowerment Abu Nashir Khan Fisheries Officer (Marine) Introduction: The report is structured as follows. The background information of “ Empowerment of the Coastal Fishing Communities for Livelihood ” project is first followed by justification of the report. The implementation of the process is described next. It also explores the best practices regarding community empowerment of the ECFC project. Background: The project works with the coastal fishing communities who are exposed to multiple vulnerabilities that determine their current condition of poverty and threaten their future. Though the project started functioning from December 2000 most of the field activities were launched in January 2001 onwards. The project is considered to be an innovative effort at evolving a partnership among GoB agencies, NGOs, fishing communities and the private sector for providing services at the doorsteps of the communities to empower them and encourage the community thus prepared to contribute to regeneration of coastal fisheries resources for their own sustainable livelihoods. The Empowerment of Coastal Fishing Communities For Livelihood Security project aims to enable and facilitate participatory community-based fisheries co-management and sustainable human development in coastal fishing communities of selected Upazilla of Cox’s Bazar District, through awareness...

Words: 9095 - Pages: 37

Free Essay

Community Organizing

...life is very different from both city and suburban life, and it needs to be address, a community organizing needs to be adopt. Community organizing is a methodology of community work which originated in the United States. Organizers in the U. S. found it helpful to distinguish their work from three other forms of community based strategies; namely advocacy, service delivery, community development. Community Organizing, as one of the four community based strategy, is the most effective and accessible instrument used by a group of people involved in decision making thru confrontation meeting to the government corporation and institution. Community Organizing is a process, through which communities are helped to identify common problems or goals, mobilize resources, and develop and implement strategies for reaching their goals they have collectively set by getting together and helping them help themselves. Particularly effective for the poor and powerless as they determine for themselves the actions they will take to deal with the essential forces that are destroying their community and consequently causing them to be powerless. As one of the methods use in developing communities, this research paper aims to discuss the following: 1. Definition of community organizing 2. Methods of community organizing and how are they applied to the different types of community organizing 3....

Words: 2463 - Pages: 10

Premium Essay

Social Factors and Academic Achievement

...SEDL – Advancing Research, Improving Education The Impact of School, Family, and Community Connections on Student Achievement Annual Synthesis 2002 A New Wave of Evidence Anne T. Henderson Karen L. Mapp SEDL – Advancing Research, Improving Education The Impact of School, Family, and Community Connections on Student Achievement Annual Synthesis 2002 A New Wave of Evidence Anne T. Henderson Karen L. Mapp Contributors Amy Averett Joan Buttram Deborah Donnelly Marilyn Fowler Catherine Jordan Margaret Myers Evangelina Orozco Lacy Wood National Center for Family and Community Connections with Schools SEDL 4700 Mueller Blvd. Austin, Texas 78723 Voice: 512-476-6861 or 800-476-6861 Fax: 512-476-2286 Web site: www.sedl.org E-mail: info@sedl.org Copyright © 2002 by Southwest Educational Development Laboratory (SEDL). All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or any information storage and retrieval system, without permission in writing from SEDL or by submitting a copyright request form accessible at http://www.sedl.org/about/copyright_request.html on the SEDL Web site. This publication was produced in whole or in part with funds from the Institute of Education Sciences, U.S. Department of Education, under contract number ED-01-CO-0009. The content herein does not necessarily reflect the views of the U.S. Department...

Words: 88839 - Pages: 356

Premium Essay

Ldrs 640 Exam #1

...Introduction to Civic Leadership, Part I Unit A  The discipline of leadership studies – about 120 years old, just 15-20 years ago that universities began to study leadership as a discipline. o 4 areas of course/types of leadership courses:   Theory – what is it? LDRS 300 etc skills/behaviors – most common type, focus on teaching people how to do leadership  issues – focus on leadership as it relates to a particular issue, such as Leadership & ethics, or gender issues & leadership.  Context – study leadership within a particular context – Leadership & business, or politics (this course is a context course)  What is leadership? An influence relationship between leaders & followers. Multidirectional. 3 elements - This influence is based on persuasion, not authority. Why do followers hold the power? Because they have the decision making power. They decide who they’re going to follow, when, and why. To be successful in the leadership role, have to be persuasive and convince people to listen to me. Has to be a non-coercive relationship. 2) Why do we do leadership? To change from what is to what ought to be. 3) The change is for collective good and mutual purposes. Doing it for “our group”, the collective good of that group.  What is civic leadership? Taking what we know about leadership and moving it to a social/civic environment, a context course. Studying in the community environment, without the constraints of an organization. What’s different about Civic Leadership? Point...

Words: 7660 - Pages: 31

Premium Essay

Emerging Issue

...SEDL – Advancing Research, Improving Education in School, Family, & Community Connections Annual Synthesis 2001 Emerging Issues SEDL – Advancing Research, Improving Education in School, Family, & Community Connections Annual Synthesis 2001 Emerging Issues Catherine Jordan Evangelina Orozco Amy Averett Contributors Joan Buttram Deborah Donnelly Lacy Wood Marilyn Fowler Margaret Myers National Center for Family and Community Connections with Schools SEDL 4700 Mueller Blvd. Austin, Texas 78723 Voice: 512-476-6861 or 800-476-6861 Fax: 512-476-2286 Web site: www.sedl.org E-mail: info@sedl.org Copyright © 2002 by Southwest Educational Development Laboratory (SEDL). All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or any information storage and retrieval system, without permission in writing from SEDL or by submitting a copyright request form accessible at http://www.sedl.org/about/copyright_request.html on the SEDL Web site. This publication was produced in whole or in part with funds from the Institute of Education Sciences, U.S. Department of Education, under contract number ED-01-CO-0009. The content herein does not necessarily reflect the views of the U.S. Department of Education, or any other agency of the U.S. government, or any other source. Table of Contents Acknowledgments. . . . . . . . . . . . . . . . . . . . ...

Words: 26942 - Pages: 108

Free Essay

Midwest Ice Cream Company

...CHAPTER 1 INTRODUCTION 1.1 Background of the Study Kasilak Development Foundation or KDFI is a non-stock, non-profit social development organization: Its primary purpose is to uplift the socio-economic condition of the communities living in a peacefully and ecologically balanced environment. http://www.kasilak.org Furthermore, Kasilak Development Foundation Incorporated (KDFI) was created in 1997 by Stanfilco as a partner in promoting a strong and excellent service to all communities in all area of operations in Mindanao. Kasilak has provided the Mindanao area with sustainable farming, social services and programs that will improve the quality of life. It was through KDFI that Stanfilco built strong relationships with the people living in the different communities. KDFI is dedicated to achieved the goals specifically in providing peaceful ecologically balance environment. Thus, Stanfilco’s community programs are managed and lead by Kasilak Development Foundation Inc. It was March 3, 1997 that Kasilak was organized as a Corporate Social Responsibility of Stanfilco, and was subsequently registered with Securities and Exchange Commission (SEC) on June 2, 1997 with registration no. D1997-00568. As a multinational corporation in the Asia Pacific, the US government started a partnership with Stanfilco to implement environmental projects. It started with the reforestation project entitled “Libuganon River Reforestation Project” which was co-funded by Dole Philippines...

Words: 4879 - Pages: 20

Free Essay

P1 Student

...Section 1: Asset Mapping Purpose Asset mapping provides information about the strengths and resources of a community and can help uncover solutions. Once community strengths and resources are inventoried and depicted in a map, you can more easily think about how to build on these assets to address community needs and improve health. Finally, asset mapping promotes community involvement, ownership, and empowerment. What is a community asset? A community asset or resource is anything that improves the quality of community life. Assets include: • The capacities and abilities of community members. • A physical structure or place. For example, a school, hospital, or church. Maybe a library, recreation center, or social club. • A business that provides jobs and supports the local economy. • Associations of citizens. For example, a Neighborhood Watch or a Parent Teacher Association. • Local private, public, and nonprofit institutions or organizations. When to use Asset Mapping •You want to start a new local program and need information about available resources. For example, you are interested in teen mothers finishing their education. You could draw a community asset map that identifies school drop-out prevention, tutoring, and education counseling programs for young teen mothers. This helps you see what already exists, or if support services are lacking. You may find it is necessary to develop a program to help young mothers finish their education. You are making...

Words: 2098 - Pages: 9

Free Essay

Vmosa

...* What is VMOSA? * Why should your organization use VMOSA? * When should you use VMOSA? Like everyone else, community organizers often dream about goals they would like to accomplish, such as an end to drug abuse; every child being wanted, cared for, and nurtured; a home for everyone; peace in our lifetime. These are just a few of many people's visions for our community. Unfortunately, like many individual dreams, we think these objectives are too lofty and unattainable to ever be realized. But, in fact, realizing these dreams is possible. Look, for example, at our global success in eradicating small pox, or how far we have come since the 1950s in the United States towards reaching racial and gender equality. As Henry David Thoreau said over a century ago, "If you have built castles in the air, your work need not be lost; there is where they should be. Now, put foundations under them." Building foundations for your community dreams is what VMOSA, the strategic planning process that is the focus of this chapter, is all about. It's about groups of people deciding together what they want to accomplish, and how they are going to get there. What is VMOSA? One way to make that journey is through strategic planning, the process by which a group defines its own "VMOSA;" that is, its Vision, Mission, Objectives, Strategies, and Action Plans. VMOSA is a practical planning process that can be used by any community organization or initiative. This comprehensive planning tool...

Words: 15343 - Pages: 62

Free Essay

Community Organizing

...a. PRINCIPLES OF COMMUNITY ORGANIZING According to Borgos and Douglas, the key principles of contemporary CO are: 5.1 A participative culture CO organizations view participation as end in itself. Under the rubric of leadership development, they devote considerable time and resources to enlarging the skills, knowledge and responsibilities of their members. “Never do for others what they can do for themselves” is known as the iron rule of organization. 5.2 Inclusiveness CO groups are generally committed to developing membership and leadership from abroad spectrum of the community, with many expressly dedicated to fostering participation among groups that have been “absent from the table” including communities of colour, low income constituencies, immigrants, sexual minorities and youth. Working with marginalized groups demands a high level of skill, a frank acknowledgement of power disparities, and a major investment of time and effort. 5.3 Breadth of mission and vision In principle, every issue that affects the welfare of the community is within CO`s purview, where other civic institutions tend to get stuck on certain functions while losing sight of the community’s larger problems. In practice, strong (but by no means all) CO organizations have proven adept at integrating adverse set of issues and linking them to a larger vision of the common good. This is a holistic function that has been largely abandoned by political parties, churches, schools and other civic institutions...

Words: 1479 - Pages: 6