Small Business Start-Up:

             Finding the right career requires an examination of interests, abilities and values. It is obvious Business/Management has a number of professions that almost anyone can accomplish. Self-employment is about being in control of our lives and when we are working for someone else, we are restricted financially and in our personal future. Today, we can work from just about anywhere. To take advantage of this opportunity, we must do our homework by creating business plans to receive funds for implementing our ideas of a new business. At the same time, we must be carefully prepared to face the legal issues in the realm of small business.
             As boring as small business establishment, development, and management may be to research at certain points due to such detailed requests for the phases we go through to establish new business, there is still nothing more exciting than the idea of starting your own business for the two reasons of inspiration and desperation. To begin fulfilling our desires to set a concrete name for ourselves in society and our needs for money, the development of a business plan is a necessity. It serves as a key element to define what type of business that will be started, as well as to guide, explain and assist in a smooth beginning. The one thing I learned about a road map is it will be received enthusiastically if explained properly.
             The road to financing a new business can very easily become a jaded path. The means for funding a new business can be tricky if not approached and treated in an organizational manner. Half of all startups are financed with credit cards according to a survey by the National Business Administration and Arthur Anderson. While credit cards can be a very simple way to finance a cottage enterprise (especially if only a small amount of money is needed for stock, equipment and/or materials required) the major downside is that if bill and accounts are not paid on time, interest result...

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Small Business Start-Up:. (1969, December 31). In MegaEssays.com. Retrieved 12:14, March 28, 2024, from https://www.megaessays.com/viewpaper/11122.html