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owner/manager segued through a number of theories and ideas surrounding small businesses and how they remain competitive and innovative. First up is the idea of shifting alignment of workloads, lot splitting and proper operation overlapping issues. It is perhaps more applicable to situations that involve manual labor and shop work. However, the topic could also be used in a way that applies to any job duties, task splitting and multi-tasking handling is of utmost concern. The owner/manager says that the aforementioned splitting and re-splitting of work is a good example of how this can at least be tried but that… Continue Reading...
social media and online recruiting. Social networks such as Facebook and Linkedin as well as online recruitment tools offer platforms through which small businesses can inexpensively meet their human resource needs. The store can also rely on the owner's own networks. Friends and acquaintances can often provide helpful referrals. On the whole, the recruitment initiative should be driven by the desire to locate individuals with the skills, knowledge, and attributes for a position in the retail environment.
It would be imperative for the new employees to be properly trained if the store is to effectively deliver on its promises to its target audience. New employees must have adequate knowledge of customer service… Continue Reading...
like this underestimate the difficulty in starting their own business and the failure rate for small businesses remains extremely high because of such examples.
This analysis will look at all the challenges that face a small local start-up and the reasons that so many fail. The specific business idea will focus on a fast casual startup that serves healthy, locally grown, and organic meals. This niche was identified to be a popular dining option that has increasingly become highly demanded by consumers. Therefore, the research will look at the chances a small local business can take advantage of business idea that suits them especially well… Continue Reading...
day, the pace, intricacy and worldwide nature of disruption is at a scale and magnitude that we have never perceived before. Furthermore, there is the expansion of technology to the extent that even small businesses are able to rival major corporations. Taking this into consideration, it is imperative for entities to evade organizational inertia and resistance to change.
Organizations, philosophies and power structures seem to become deep-rooted in the course of time, and may turn out to be unproductive or outdated, even if they once played an authentic or useful role. At the end of the day, being entrenched in archaic concepts and operations can lead to an organization becoming stuck in the present moment. Furthermore, market rivals that adapt to changes attain… Continue Reading...
and the owner/manager segued through a number of theories and ideas surrounding small businesses and how they remain competitive and innovative. First up is the idea of shifting alignment of workloads, lot splitting and… Continue Reading...
output, productivity, investment, and employment. Per capita and household income have declined or stagnated, small businesses have been struggling, startups have been lagging, and inequality has increased. Also, there have been weaknesses in areas such as K-12 education, health care, taxation, transportation infrastructure, as well as political governance. These weaknesses have hindered productivity and prosperity.
The weaknesses pose a major threat to the country. First, the weaknesses have increasingly offset the gains the economy has made over the years. More fundamentally, the erosion of the competitiveness of the economy means that in the future businesses may not be able to compete effectively in the… Continue Reading...
that provides a range of benefits, including the entire array of issues that typically confront individuals, families and small businesses (Jackson, 2007). One company that was in the vanguard of offering pre-paid legal insurance is LegalShield, formerly named Pre-Paid Legal Services of Ada, Oklahoma (About us, 2015). Founded in 1969 by Harland Stonecipher, this company has grown to become an industry leader in the pre-paid legal insurance industry today. To determine how this company achieved this level of success and the competitive environment in which it competes, this paper reviews the relevant literature to provide an overview of LegalShield using Porter’s five forces framework, followed by a recommendation… Continue Reading...
also been the source of significant amounts of criticism because of the low wages it pays as well as its adverse impact on small businesses in the cities and towns in which it competes. To determine the facts about Walmart, this paper provides an analysis of the case study, “One Nation under Walmart,” from a utilitarianism perspective, followed by a summary of the research and important findings concerning Walmart in the conclusion.
Review and Analysis
Founded in 1962 by Sam Walton, Walmart’s first store was located in Rogers, Arkansas. In 1969, the company incorporated under the commercial name “Wal-Mart” and in 1972 it became publicly traded on the New York Stock Exchange (Walmart… Continue Reading...
locked down their facilities (as is the case).
Most tenants are software companies, marketing companies and other small businesses in the tech, marketing or legal sectors. There is a fitness facility in the basement that has high traffic. These businesses range from five or fewer employees to around 75 at the largest. A total of around 400 people can be expected to work in the building on any given day. All businesses in the Sun Tower conduct more or less regular office hours. The fitness facility opens earlier than other businesses, to accommodate early morning workouts. No businesses work at night. The building itself is accessible only… Continue Reading...
the Patient Protection and Affordable Care Act
The Pros and Cons of Obamacare
The Effects of Obamacare on American Small Businesses
Topics:
What are the main arguments for and against Obamacare?
How much should Americans pay for healthcare insurance?
Why do Americans pay more for their healthcare than consumers in some other countries?
Is Obamacare’s individual mandate unconstitutional?
Outline:
I. Abstract
II. Introduction
III. Body
A. Background and Overview
B. Pros of Obamacare / Advantages
C. Cons of Obamacare / Disadvantages
IV. Conclusion
The Future of Patient Protection and Affordable Care Act also known as Obamacare
The future of Obamacare? Probably the same… Continue Reading...
with WalMart, all the while criticizing the government for not supporting small businesses. The refusal to take personal responsibility for their own problems is something that needs to be addressed frankly. Hochschild builds her argument around the central assumption that conservative voters act on their emotions and a sense of cultural solidarity.
Hochschild (2016) captures the deep and disturbing levels of hypocrisy that allow the great paradox to perpetuate itself. The poorest conservatives, for example, will accept their food stamps and other social services like Medicare but they will also refuse to break party lines. The ultra-poor conservatives therefore opt out… Continue Reading...
that the rule be changed. Doing so would also help other small businesses and promote a rational and evidence-based legal framework rather than one based on arbitrary regulations.
As Sherman (2003) points out, “laws, rules, and regulations set enforceable limits beyond which personal choice is not permitted,” (p. 1). If our research does yield the conclusion that five feet does prevent health hazards, then we will need to obey the rule and change our business practices. There are two reasons why the inspector’s offer is unethical. The first is that it constitutes a bribe. Soliciting or accepting bribes is categorically unethical… Continue Reading...
the second is the role that security plays in this. Most small businesses become interested in cloud-based solutions because of the efficiency gains, and in particular solving the pain point related to payroll, but they are concerned about security Bhansali is clear that security is an essential component for a cloud-based system, because the market demands it. Accounting data is sensitive, and companies that utilize cloud-based solutions insist that this information be protected to the highest standard.
Bhansali notes that his company moved to Amazon Web Services, which has one of the more secure platforms. Sensitive data is encrypted, in particular… Continue Reading...
Further, the raising of the minimum wage can have a demonstrative effect on how many people are hired, by small businesses in particular, and what those people end up getting paid. When cities raise the minimum wage, many businesses react by… Continue Reading...
cash basis method is mostly used for personal finances and by small businesses. A good example for illustrating the cash basis method is a company could perform some work in a given year and receive payment in the following year. Using the cash basis method, the company would not report or record the revenue in the year the work was done, but rather it would record the revenue in the year the cash was actually received. Since the cash basis method of accounting does not match revenues earned and expenses incurred in the year they actually occurred, it does not follow… Continue Reading...
considered an unfair advantage—similar to the ways Wal-Mart undercuts small businesses at the bottom end of the supply chain (Abraham 1). Abraham also reminds investors of the importance of political clout. Politics plays an indirect but important role in market values, particularly in sectors with large lobbying presence.
Ordinary investors are poised to mitigate these unfair disadvantages through technological tools. IEX is one of many possible solutions. Investors could soon have access to an abundance of applications that help them participate in flash trading if they wished. The crypto-currency craze is another consumer-driven reaction to the Wall Street domination… Continue Reading...
being directly related to helping ordinary individuals—and small businesses—to empower themselves with knowledge of “everyday legal and business questions,” (1). Therefore, the Nolo staff is not purporting to offer definitive advice but only to clarify quick and simple legal questions in language the average person can understand. The “About Us” section also talks about the history of the website, and how it was an amalgamation of other legal websites. Most importantly for establishing the authority of the website is the section on the authors who write the informational articles. The authors of the articles are mainly attorneys… Continue Reading...
