Small Business
Mr. A. Peterson
From: R. Tyler
Starting a Small Business
Mr. Peterson,
My friends and I have considered several small business ideas and did some research to help us make a decision. Ultimately, there have been two articles that caught our attention. The first of these is the article "This App Developer Turned A Ford Van Into A Fantastic Mobile Office Space" by Tweedie (2014). The second is "This Tiny Tech Startup Has Figured Out How To Turn Twitter's Trove of Free Data Into a Goldmine" by Edwards (2015).
Description
The article by Tweedie concerns entrepreneur David McKinney, who transformed a van into an office for his app development business. The one by Edwards focuses on a startup company known as Twizoo that uses information from Twitter help users find the best restaurants, night clubs, etc. In their vicinity. I am most interested in the latter business idea.
Discussion
The reason why Twizoo sparks greater interest in me is the fact that it makes use of data from Twitter. Twitter has skyrocketed over the course of its existence, with millions of users all over the world. Using it as the basis of a business model appears to be a wise course of action in the long-term.
The company started in February 2014, with the...
Luxury Brand The business idea is to start a luxury brand. The concept of luxury is difficult to pin down, because it is relative. Marketers have misused the term commonly, but despite this, and the emergence of a substantial grey area, the category of luxury brand is still understood fairly well by consumers. Theoretically, luxury falls at one end of a luxury-necessity axis. A luxury brand, therefore, implies that the product's
Startup e-Business Cost Start-Up Costs The web site that I had in mind would be dedicated to providing products and services that can help consumers more their homes more energy efficient. Therefore the site will be focused on a regional market in the Washington area. Accounting, consulting, and legal Of these three expenses, the consulting expense will be the largest because the site will require some expertise to design. The estimate would be $5,000
The partners are directly responsible financially for the obligations of the business. Therefore, in case of loss or debts, the owners suffer the risks and losses since they have liability for the business. In terms of complexity and flexibility, the partnerships remain appropriate for the partners. The issue of raising finance is shared between the partners; however, they cannot get loans for the business independently. Therefore, they are not
For startup companies, the key business functions include: Sales and Marketing, HR, Finance and Accounting, and Manufacturing. Present-day startups require information systems for monitoring all their business operations, such as business planning, material acquisition, production, quality control and delivery to markets. In view of the aforementioned key business roles of startup companies, the chief information systems required are; Marketing and Sales Information Systems, Production and Manufacturing Information Systems, Accounting and
Investment boils down to the very simple concept of risk versus reward. Investors, in aggregate must be compensated for the risks embedded within a particular security. Although risk is subjective and varies die to differences in valuation technique, reward is universal. Investors are constantly seeking investments that offer the highest returns given the risk. In particular, due to market inefficiencies investors are often looking to achieve "Alpha." Alpha is simply
Online Learning Business This research report answers a good few questions pertaining to computer online learning company which intends to survey the potential market and various other related aspects before taking the plunge in the cyber sea. The Works Cited appends four sources in MLA format. Internet startup "Computer Learning online" Corporate training is evolving into performance support. I don't see them as courses. I see it as a knowledge resource. You work
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now