Business owners, managers, aspiring entrepreneurs form business organization selec t-based considerations, including taxes, liability, capital contributions, sharing profits losses, management control, survivorship.
Marginal cost and marginal revenue

Marginal revenue

The concept of marginal revenue is generically understood as the additional revenue the company generates from the sale of one more unit of its product or service. In a different formulation, the marginal revenue represents the money generated by the sale of the last item, be it product or service.

The marginal revenue is computed through the division of the change in total revenue by the change in quantity of sold items. This computation method also represents the relationship between the marginal revenue and the total revenue.

M = Change in T / Change in Q, where

M is the marginal revenue

T represents the total revenues, and Q. represents the quantity of items sold (Economics. Fundamental Finance).

Marginal cost

Similar to the marginal revenue, the marginal cost also refers….

business, it is vital for business owners to measure the value of their assets and to evaluate the performance of their business at any point in time. In fact, majority of strategies for popular multinational corporations, such as Samsung, Apple and Starbucks, are formulated based on the financial performance of the company as compared to other companies in a particular industry. Two courses, ACC201 and FIN301, introduce learners to fundamental principles in accounting and finance, which are meant to equip the said learners with the knowledge and skills needed to understand how businesses are valued and how leaders make important financial decisions that affect their companies in the long-run. This text summarizes the readings and assignments we covered in ACC201 and FIN301, the skills learnt and how they will be applicable in future careers.
Module 1 introduced us to the analysis of various financial statements. Using this skill, we went….

Small business owners should consider numerous business ratios. The measures of liquidity enable the business to live within the day-to-day expenses. These short-term obligations must be fulfilled by the business. Measures of liquidity are obtained through the two main features in the current ratio and net working capital. The ratio between the current assets and current liabilities should be considered by the business. Activity ratios are another business ratio that must be used by the small business. The business will be able to gauge and know how it is using its assets towards productivity. The amounts of accounts received together with the total assets and inventories are indispensable while determining the benefits of productivity within the organization. The other ratio that is of benefit is the measures of profitability ratio. With this ratio, the business will be able to know the level of its returns in accordance to the sales,….

hybrid contract to the small-Business owner, and why the government is likely to choose you in the sealed-bidding process.
The hybrid contract contains the combination of both fixed-price and cost-reimbursable contracts. To understand the hybrid contract, therefore, one has to understand these other two types:

Fixed-price -- a contract that defines a fixed total price for a clearly defined scope and piece of work. Bonuses may also be included as well as other incentives. Vendors working for fixed-price contracts are legally held to complete their work at stated proscriptions with financial implications if they fail.

cost-reimbursable contracts -- this is a contract that involves payments / reimbursements to the vendor for all costs involved in the business and act of producing product / giving service as well as a fee that goes for vendor profit. uch contracts may also include financial incentive clauses that state that vendor wins or loses a certain….

small size business owner has to continually assess the status of the enterprise relative to both itself (as evolution in time), as well a relative to the industry, in order to identify its current status and position. One important means in which the economic agents come to conduct this assessment is represented by the financial status of the company, revealed through the lenses of financial ratios. Some notable examples of financial rations to be considered by small size economic agents in their assessments include:
Liquidity ratios, such as the quick ratio or the current ratio, which assess the company's ability to pay its debts

Asset turnover ratios, such as the receivable turnover or the inventory turnover, which assess the company's ability to use its assets to generate revenues

Financial leverage ratios, such as the debt to equity ratio, which indicate the status of the company's capitals

Profitability ratios, such as the gross profit….

Decision Making and Accounting Theories
Business owners find that they always have to put on business hats when they are starting up or managing their businesses. However in business it is not the owners who are meant to make decisions only, decisions can also be made by employees. When classification of business decisions is done it is on the basis of how predictable that particular decision is. Programmed decisions are those that are straightforward, routine and repetitive. They can easily be dealt with by the creation of procedures and routines. On the other hand there are decisions that are unstructured and valid which do not require systems that are clear cut so as to be made. Those in business are often faced with various decisions which they have to make some of which are particularly important when it comes to the profitable existence of any business. Decisions result to success there….

Small Business Owner: Financial atios
Understanding concepts

Financial analysis is one of the most reliable means of assessing an economic agent as it relies on quantitative data, which is unbiased, objective and which can be extrapolated. Still, despite these advantages of financial analysis, fact remains that its results can generate relative findings based on the characteristics of the assessed company. For instance, while a small size company would be more interested in decreasing debt, a large size entity would pay less attention to debt.

In the context of a small size company, some of the more relevant financial ratios to be assessed refer to the profitability ratios, the liquidity ratios, the debt ratios and the activity ratios. Each of these categories contains several important ratios, as follows:

Profitability ratios: the gross profit margin, the net profit margin, the return on equity

Liquidity ratios: current ratio, quick ratio or current ratio

Debt ratios: debt ratio, debt to….

decisions a small business owner. Since microeconomics study individual households, firms, government, a closer operations a franchise firm. . You select ONE firm a list Entrepreneur magazine: http://www.
Microeconomics

McDonald's is one of the most popular franchises across the globe. The firm represents the epitome of corporate success, but it is also an emblem of the American way of life. The fast food industry is an important segment of the current life style, of working women, busy schedules and less time for traditional eating.

Part of the success registered by McDonald's is represented by the business model selected by the firm. Specifically, the fast food giant operates through franchises, meaning that its stores are operated by tertiary parties, under the emblem of McDonald's, but with shared risk, resource consumption and profitability.

In order to better assess the company, it is useful to approach it through the lenses of the three fundamental questions of….

parameters, there are five general traits of attracting venture capitalists that should be assessed and analyzed. In no particular order, they are scrutinizing your business with a critical eye, beefing up of management, keeping up a high profile, targeting of the search, keeping a lookout and the investigation of possible venture partners. The author of this report has been asked to determine and explain which step is the "most difficult" for an entrepreneur to completely and why. Subsequent to that, there will be an explanation of how to attract venture capitalists while making the foundations of the business in question strong.
Of the five mentioned above, the one that would seem to be the most difficult would be keeping a high profile. So much of life and business is about managing perceptions and most people know full well that perceptions are subject to just that…perception. Venture capitalists are obviously trying….

Black Women: Diversity and Inclusion Programs - Are they really assisting?
In the last few decades, researchers, policymakers, economic development experts, and analysts of public policy are increasingly concentrating on the aspect of entrepreneurship in the African-American community, with respect to devising distinct strategies for facilitating economic success. Establishment of set-aside initiatives for minorities (or disadvantaged business initiatives) is one political strategy which serves as an instrument for enhancing small, poor businesses' chances of survival. Several of these businesses were African-American-owned and -run businesses (House-Soremekun, 2007; Chatterji, Chay & Fairlie, 2013). This paper will look into the economics-politics interrelationship, by analyzing the aforementioned disadvantaged business initiatives' effect on African-American businesswomen's economic outcomes.

The research question that this paper poses is: Are the programs (such as the set-aside initiatives) that are designed to support small and disadvantaged (or minority) business owners really successful -- or do they rather perpetuate inequality in the system?

The….

Business Mentoring
Mentoring is a critical job and is important for the one providing it as well as the party seeking it. The business parties seeking mentoring are normally those that are beginners and they wish to avoid problems by seeking expert advice. On the other hand the mentor's credibility and business experience is proved when he offers mentoring and advice. Theft and fraud are two most common issues faced by the starting businesses. The paper discusses what advice can be offered to beginners to avoid theft and fraud in business.

What advice can be offered to beginners to avoid theft and fraud in business?

Mentor

Mentoring is an advisory job and should be backed by proper knowledge and experience. Based on the three decades of business experience, it can be said that fraud and theft are most common in business however only a little more carefulness can help avoid fraud and theft. The….

Additionally, businesses must anticipate seasonal shifts in demand when allocating and anticipating costs. A toy company cannot assume that the revenue it enjoys after a Christmas marketing a 'hot toy' will be sustained all year 'round.
In terms of taking a long-term view, a business should treat its employees in an ethical fashion. If employees are treated in a respectful manner, they are likely to perform better and show more loyalty to the organization. Additionally, if a company is found to be exploiting its employees, as was the case of Nike and the 'sweatshop'-type conditions of its offshore operations, this negative publicity can deter individuals from buying from the company. Employee costs in the long and short-term, in terms of compensating employees for overtime and giving them reasonable benefits, must also be included in the business plan. Also, the possibility of stock options, should the company incorporate, is another issue….

III. METHODS of ANALYSIS to INFORM usiness OWNER

Various methods of analysis exists which are useful in gaining needed information. One method of analysis is termed a SWOT analysis which examines the business in terms of its 'strengths', 'weaknesses', 'threats', and 'opportunities'. Another analysis that is informing in relation to: (1) Firm strategy, structure, and rivalry, (2) government; (3) factor conditions; (4) related and supported industries; and (5) demand conditions is the method known as Porter's Diamond analysis.

ibliography

Diamond Model - Porter on Nations (nd) Value-ased Management Online available at http://www.valuebasedmanagement.net/methods_porter_diamond_model.html

SWOT Analysis (nd) usiness & Economics. Online available at http://bizeco.blogspot.com/2005/08/SWOT-analysis.html

Keener, renda (2006) Creating a Competitive Analysis. Suite 101. Online available at http://marketingpr.suite101.com/article.cfm/creating_a_competitive_analysis.

Business Plan
Description of the Business

The business is a gourmet candy shop. The shop will sell gourmet candy that has been sourced from all over the world. The shop will operate with one storefront location, and there will be an Internet/mail order component as well.

The rationale for the business is simply. There is a growing trend towards hedonistic approaches to dining. We have seen in the past few years the rise of the bacon fetish, high end craft beer and coffee, cupcakes, the move of fine dining to the mass market and a full embrace by Americans of better quality indulgent goods. Much of this trend can be credited to the aging of the population, as people seek to maximize pleasure. They have the financial means to treat themselves, and seek to balance this hedonism with a desire to be healthy. The intersection of these ideals is where indulgences are small,….

Business Law and Christian Ethics
The terms limited liability and liability protection are often used interchangeably to describe business arrangements that limit the amount of a firm's liability, generally to the amount of assets held by the firm. In other words, those types of business arrangements protect an individual's personal assets from judgment should the person be sued in a professional capacity. One frequent example of a limited liability business arrangement is the limited liability partnership, which essentially "protects each partner from debts against the partnership arising from professional malpractice lawsuits against another partner" (Pakroo, 2013). In those instances, the liability limitation is not limited the individual assets of the partners, but also extends to property owned by the partnership.

Whether or not limited liability or liability protection aligns with a Christian worldview is a tricky moral question because it presupposes that all people who enter into those types of business arrangments….