It was not only individual families that suffered, many small businesses had to close their doors as well. The plant closure changed the landscape of the city of Moraine. How has the recent recession affected you, your family, or someone that you know? Personally the recession has not affected me very much. Fortunately I work in an industry that is almost recession proof, I work for Pepsi cola and only saw a minimal downturn in our business ( we fat Americans love our sugar water). There are several
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by me to this very day. Question 2: Although it is true that every business, big or small, needs soft skills to survive I believe that small businesses especially need strong soft skills in order to stay afloat. A reason for this is that small businesses often relate to their customers on a more personal level. A big business has hundreds of employees some that never even see a customer directly while a small business has few employees that interact with customers on a daily basis. Due to the
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Organizations: For-Profit (Business) and Nonprofit. For-Profit (Business) Organizations: A for-profit organization exists primarily to generate a profit, that is, to take in more money than it spends. The owners can decide to keep all the profit themselves, or they can spend some or all of it on the business itself. Nonprofit Organizations A nonprofit organization exists to provide a particular service to the community. The word "nonprofit" refers to a type of business -- one which is organized
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Recruiting Employees Georgette Hodson Small Business Management – 3 Entrepreneurial businesses are attractive employers for workers for many reasons. With this in mind, consider how you could recruit and choose employees. First, imagine that you are a small business owner. Next, describe three sources you could use for recruiting employees. The reason I enrolled in school is because I plan to open my own business. The business I plan on is a hotel with a possible entertainment venue
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Analyse a business plan Business Plan 1 – The following answers parts 1 to 4, including a comparison with the criteria for an effective business plan and the associated strengths and weaknesses. The business plan ‘Quality Training’ has been implemented for the purpose of providing high quality training to clients to improve the productivity and performance of participants. To analyse the business plan, we will be assessing the report in its relevant sections. Firstly, the cover sheet identifies
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that we need to keep these small neighborhood businesses in operation as that too will affect this new Lower Manhattan. I do realize that the long-term interests of the working class are in jeopardy too. With regard to dealing with Wall Street, of course we will build these new buildings but I will try my hardest for some of these bankers to realize that the best economy is the one of a strong middle class. The middle class pumps money back into the economy and keeps small businesses operating as
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Judith Litton MAN 104 April 4, 2015 Independence University Small Business Interview This small business interview was conducted between Judith Litton (student) and Kelly Maynard (Thirty-one consultant). The interview took place on April 1, 2015 over the telephone. I told Kelly I needed to know what makes women want to become Thirty-one consultants. Kelly said that she has sold many different products over the last few years such as, Avon, Mary Kay Cosmetics, and even some jewelry, and
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Starting a Small Business UNIT 36 M1 – Pheonix Jones In this document I will be making recommendations on how market research will help launch the business. Target Market Questionnaires The questionnaire included such questions like gender, age preference of food and occupation. Asking these sorts of questions will help us find data regarding if there is a demand for a business like this, which is vital to launch the business. The questionnaire will also help find out the target market which was
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P7 - Outline electronic and non-electronic methods for communicating business information, using examples for different types of audience. The first type of information that I am focusing on is written information that is on screen, the form of the communication is a PowerPoint presentation which is used electronically to present information to members of staff. In Sainsbury’s they hold meetings regularly and my example of a time is when they had a new product that was coming into their store, the
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For small business owners operating on limited budgets, these increases are even more significant. The passage of the Affordable Care Act (ACA) creates additional responsibilities for employers regarding the minimum requirements and pricing of insurance plans for employees. Employers make difficult decisions to determine how to continue to provide health insurance at a fair and reasonable price, without harming the small business. The case study by Spencer (2014) examines the options of small business
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