Business Economics Slide 1 The Intention of every business-to make money Slide 2 *Basics to becoming wealthy and remaining wealthy 1. Spend wisely 2. Create multiple sources of income (several ways to make money) 3. Invest you money to make more money 4. Pay as little taxes as possible that is legal Spend Wisely- Credit cards are a great way to keep track of expenses and keep all expenses in one place. But, you must pay them off every month or they are bad. Multiple sources
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general. Gross income means all income from whatever source derived, including (but not limited to) the following items: (1) Compensation for services, including fees, commissions, fringe benefits, and similar items; (2) Gross income derived from business; (3) Gains derived from dealings in property; (4) Interest; (5) Rents; (6) Royalties; (7) Dividends; (8) Alimony and separate maintenance payments; (9) Annuities; (10) Income from life insurance and endowment contracts; (11) Pensions; (12)
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Self-Motivation Self-Motivation is the ability to complete what needs to be done. When you are set a task you complete it to the best of your ability, you push yourself to bypass challenges and also will not give up easily. Leader Qualities Proactive vs. Reactive-The exceptional leader is always thinking three steps ahead. Working to master his/her own environment with the goal of avoiding problems before they arise. Flexible/Adaptable-How do you handle yourself in unexpected or uncomfortable situations
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formal business plan document 2. Primary research through a user survey on google forms 1. explain who we polled, why we did it, and what we found 1. Who is our customer (in and out) 1. age, salary, hobbies, skills, activities, schedule, location, goals, etc 1. What are our customer acquisition costs? 1. time 2. $1000 for like Bruin Plaza, flyers, trainers (for the Bruin plaza day), free snacks, apparel 1. App mock-up 2. Who are partners vs. customers
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Professor Jacqueline Cahill March 30, 2014 Table of Contents Social Media: An Educational Tool……………………………………………………………3 The Good vs. The Bad…………………………………………………………………….…3-5 Privacy and Security…………………………………………………………….……………5-6 Conclusion……………………………………………………………………………………….6 Social Media: An Educational Tool Nowadays social media has become an increasingly popular hobby for many students; therefore, teachers will most likely benefit from implementing it into their e-learning curriculum. There are
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Gross income means all income from whatever source derived, including (but not limited to) the following items: (1) Compensation for services, including fees, commissions, fringe benefits, and similar items; (2) Gross income derived from business; (3) Gains derived from dealings in property; (4) Interest; (5) Rents; (6) Royalties; (7) Dividends; (8) Alimony and separate maintenance payments; (9) Annuities; (10) Income from life insurance and endowment contracts;
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Entrepreneur Business Plan Assignment ACC 557 November 16, 2014 \ Abstract People in America are creative, ambitious, and industrious. Many people are not content with just a single paycheck from week to week. Always looking for alternative ways to be productive and earn more income, I have thought about starting my own business. From my experience a small business is started from a person’s hobbies or it involves the person’s interests. Today’s marking techniques makes it easier
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Social Media’s Impact on Business Ethics Introduction: The discussion of ethical problems associated with social media in the workplace is a relatively new occurrence. Approximately ten years ago technology entered a new phase evolving from the internet and email to an entirely different era (Ramos-Hernadez, 2007). Suddenly people who normally worked a 9 to 5 shift leaving work to transition into their personal lives. Facebook, Twitter, MySpace, and Flicker to name a few changed all of that
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System Doing business in a particular nation needs a multi-dimensional understanding of its culture and business practices. Understanding those differences and adapting to them is the key factor. India The Indian economy has been booming for the past few years. The country holds great promise for the future. The business culture of India is a reflection of the various norms and standards followed by its’ people. Indians have various cultural yardsticks, which extend to their business culture too
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Financial statements are the basic statements that summarize the financial activities of a business and are prepared by businesses to indicate the financial steadiness of the business to investors, creditors, and other external entities (McGraw-Hill Higher Education, 2009). The income statement is a representation of the revenues and expenses for a specific period of time in a business. Its purpose is to detail the revenues, expenses, and net income or loss. A net income is the result of revenues
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