Startups and Exploring Entrepreneurship Essay

Startups and Exploring EntrepreneurshipMany factors go into the decision of starting up a business. SCORE and SBA offer online resources to help readers decide if they are ready for the business world, for example, they advertise quizzes and articles for those who are contemplating beginning a business so that they can assess their readiness. Why be so cautious? A startling number of businesses fail within the first few years of operation, according to the PowerPoint notes, around 20! Clearly, there are numerous important issues to consider when starting a business however, the two most important are appropriate planning and survival.It is crucial to properly plan your business, in fact, the first step in SBAs 10 Steps to Starting a Business is to write a business plan. Your plan is the foundation of your business, and therefore your future success! This is applicable to many life situations, such as if your house has a weak foundation, it is likely to have problems in the future. As the old saying goes, no one plans to fail, but many fail to plan. Carefully planned allocation of capital, responsible use of credit, a steady expanding pace, and being organized is important when creating a business plan. Not to mention obtaining the knowledge of and abiding by regulations are also essential.Survival is another key issue when it comes to setting up a business. Although you may have an excellent business plan, important factors may fluctuate and therefore demand adjustments to the plan in order for business survival. Flexibility is imperative to survival, as many different obstacles can be thrown your way. For example, if you start a business selling flowers and your business plan allocated spending four dollars per dozen on roses, but a month after being in business your suppliers raise their price to eight dollars per dozen, you must be prepared to do what is necessary in order to survive. Whether it is finding a different supplier, choosing...

Comments

Post a Comment

Popular posts from this blog

Character Analysis of Basil Hallward in The Picture of Dorian Gray, a Novel by Oscar Wilde Essay

The main character in The Picture of Dorian Gray, Dorian, is a man too easily influenced by his surroundings. He is quoted as saying, Basil Hallward is what I think I am Lord Henry is what the world thinks me Dorian is what I would like to bein other ages, perhaps (Wilde). This comparison falls in line with the moral of the story because Dorian is stuck with eternal youth and beauty even though he has a wicked soul. This causes different views of him by people who observe his daily life. Dorian is a sponge throughout the novel that absorbs everything and allows it to shape his personality, morals, and actions. Dorian Gray takes influence from Lord Henry, Basil Hallward, and the culture of society during which the novel was written. Lord Henry is the epitome of a wealthy, hedonistic gentleman seeking only pleasure, with little regard to cost or consequence. Lord Henry Wotton outwardly propounds hedonism, but it is his extreme egotism that drives him to manipulate both Basil Hallward a
Read more

Religious Symbolism in The Blessed Damozel, a Poem by Dante Gabriel Rossetti Essay

Dante Gabriel Rossettis poem The Blessed Damozel is full of religious symbolism. There is talk of saints, and the poem itself takes place in heaven. But underneath the religious symbolism is a deep sensuality, that makes one wonder if the white rose of Marys gift referred to in line nine is the gift of Mary the Virgin, or the somewhat less virginal Mary Magdalene. While the Damozel is in heaven, her appearance in heaven, her behaviors in life, and what happens when she and her lover are reunited suggest some less than virginal dealings, yet the damozel is blessed and resides in heaven. Rossetti was the child of liberals kicked out of Italy a heavily catholic country for their extreme political views. While Rossetti himself was not political, he may have espoused similar views regarding politics and religion as his parents. In the poem The Blessed Damozel, Rossetti was given the chance to essentially create his own heaven. Most everything he wrote seems to show that Rossetti espoused
Read more

An Analysis of the Character of Chichikov in the Poem, Dead Souls by Nikolai Gogol Essay

Dead Souls takes place in the Russia of the late 1800s, where, unlike in America, one must be born into a prosperous family in order to have opportunities. The main character, Chichikov, is clever enough to develop a scheme in which he can rise from being a petty clerk to a respected landowner. In order to do this, Chichikov moves into a new town, pretending to already be a landowner, and begins a quest to buy the names of dead serfs who have not yet been officially reported dead. Each person that Chichkov presents this offer to has a different reaction, starting with the shy and introverted Manilov. Though he does not understand Chichikov's need for the names of these dead serfs, Manilov is a character that is so desperate for company that it does not take any effort to trick him into selling his dead souls cheaply. However, as Chichikov continues his journey, he starts to deal with more clever landowners who become suspicious of his scheme. Chichikov finds that the townsmen know
Read more