A Study On A Business - 997 Words

Starting a business does not necessarily make one a startup founder - as the business may not necessarily be a startup at all! While it may have the potential to make the founder wealthy, it still may be a small business that can become huge in the future. Although these sound similar concepts, startups show up stark differences from conventional small businesses once we understand their fundamentals. I have had the fortune of being and working with hugely talented and entrepreneurial folks over the last decade, and it has allowed me to closely witness the striking and subtle variations across the different kinds of businesses – from a large enterprise to a startup to a small business. We are experiencing a fast-rising wave of the startup ecosystem these days, and that is enabling entrepreneurs to know more about startups, to dare and dream big, and follow their passions. Startup founding bars no age, no qualifications or background. If one has the right ideas and the passion to do whatever it takes to get the idea into the hands of customers, this ecosystem now provides the kind of support never seen before. So as more and more young energetic people take on entrepreneurship, this question keeps popping up in different forums – what is the difference between a startup and a small business? Isn’t a startup a small business? when it attains a particular size of revenue/employees/customers doesn’t it transition to the large enterprise category? All valid questions – thisShow MoreRelatedBusiness Studies : Business Study1899 Words   |  8 PagesBUSINESS STUDIES TASK 1 The business I have chosen is Londis. Londis have a few small stores dotted around the UK, they sell all home essentials and other food and drink. The aim of the store is to provide its community’s with good value products. Londis has been a running, successful business since 1959. What Londis provide: †¢ Friendly customer service †¢ Good prices †¢ Quality products Londis is always a local store that can provide you with all your usual home, food and drink needs. Londis theRead MoreBusiness Case Study : Business Case Studies997 Words   |  4 PagesWriting Business Case Studies How to Write Business Case Studies The objective of this part of the course is to use your case study to help you solve real company problems and to make the learning more relevant to your experience. The Business Case Study you are being asked to start today will provide information for yourself and the class to permit constructive feedback. You will have to use all of your research, writing and analytical skills to write your Company Case Study. You must give enoughRead MoreBusiness Studies1254 Words   |  6 Pagestechnical fault remember to log fault or advise a senior member of staff. 2.8 Describe how to follow organisation procedures when receiving a telephone call The organisational procedures when making and receiving telephone calls can vary from business to business but there are a lot of similarities. There is usually a general guidance and training for staff. To make a phone call effective you can: 1. Use all appropriate customers information to plan your call. 2. Anticipate your customers’ expectationsRead MoreA Study On The Business783 Words   |  4 Pageshad a tie-up with Thomas Cook as their interests dovetailed each other. Gyan Foundation guided prospective students with the application process to international universities while Thomas Cook a world renowned travel agency was interested in the business of travel booking for these students desiring to fly abroad. Thomas Cook’s service line included Leisure Travel – Outbound, Inbound, Domestic, Foreign Exchange, MICE, Corporate Travel, Insurance, Visa Passport Services (wikipedia). AnalyzingRead MoreBusiness Studies1178 Words   |  5 PagesA budget is how a business manages their money by predicting the amount the company is going to spend. The two types of budgeting our: * Zero budgeting – Urban Fashion will not know how much items is going to cost as the board of directors would not give them a specific amount to spend * Allocated budgeting – Urban Fashion know how much the budget is that they would have to pay things. In economics, fixed costs are business expenses that are not dependent on the level of goods or servicesRead MoreA Research Study On Business1269 Words   |  6 Pagesthree months, a research study has been conducted with the sole determination of satisfying the investment needs of a client who is looking for investment opportunity in eastern Prince William County, Virginia. She specifically expressed that she is interested in a business that has the potentials of growing business that also takes the interest of the community at heart. This paper is the effort of study done to fulfill this investor’s dream. As a result of the study of various businesses in theRead MoreBusiness Feasibility Study1054 Words   |  5 Pagesï » ¿Finance Aspect in Business Feasibility Studies Financial feasibility can be judged by the total estimated cost of the project, financing of the project in terms of its capital structure, debt equity ratio and promoter’s share of total cost, existing investment by the promoter in any other business and projected cash flow and profitability. Financial feasibility study determines how much start-up capital is needed as well as sources of capital and returns on investment. It is an analysis of theRead MoreCase Study : Business Finance Business1366 Words   |  6 Pages Latocha Smalls Business Finance 350 November 2, 2014 Introduction When it comes to investing, nothing will pay off more than educating yourself. Do the necessary research, study and analysis before making any investment decisions. My overall objectives are to assess past performances, assess current positions and predict profitability and growth prospects for Target and JCPenney companies. In the words of Benjamin Franklin, An investment in knowledge pays the best interest. Target CorporationRead MoreFaculty of Business Studies1287 Words   |  6 PagesFaculty of Business Studies BE-210 TMA-1 DUE DATE 26th December Part A: Essay Questions (25) 1. Define accounting. Accounting is the information system that measures business activity, progress the data into reports and communicates the results to decision makers. And accounting is the language of business. The better you understand the language of business the better you can manage your own business. For example, how will you decide whether or not to borrow money? YouRead MoreBusiness Studies: Case Study3115 Words   |  13 Pagesin the long term this would benefit the business and increase its profitability levels. Another benefit of removing 2 management levels is that the decision making process is much easier and faster the reason it empowers the workforce is because they feel that they are being listened to by higher levels and also that they are more in the loop when it comes to making decisions that will affect the whole company. However even though they know how the business run internally they shouldn’t get rid of