The Benefits Of A Small Business - 737 Words

Although, the market that offers goods and services is over-saturated at the moment, there is always the opportunity of a business, speculating the opportune moment when to enter the market, by zoning, by location or by the category of consumers to whom the offer of services is addressed. Personally, I believe that the biggest scarcity what I meet at this moment is the time, being very busy, sometimes I have the impression that it needs 48 hours to have a full day, but if I were to think of a business opportunity, the first example comes from my neighborhood. At this time on my street can count about six to ten houses inhabited by senior citizens, all retirees and the vast majority of them living alone. In a conversation with one of†¦show more content†¦On Sundays at the church, I met a lot of these people along with their life stories, forgotten by closest ones and most of them with limited travel possibilities. By making a short calculation, 30% of them could be secure cli ents and another 20% potential customers. Obviously, their older age makes the number of customers diminishing over time, but at the same time they are being replaced by the following customers who are coming out. I honestly say that it is not the kind of business that I want to start, not very profitable in the short term, but I would have liked it because I wish so much to help my fellows in the community, to do something good for them , with a minimum profit to justify my opportunity costs. After a few years of activity, the expenses for the purchased car will be amortized, having the opportunity to hire the first worker to handle this activity, leaving me with satisfaction and at the same time the ambition to prove that we can do something for our needy, without a fantastic effort but with some enormous benefits. There is the possibility that because of the lack of customers, the business does not work, the exit from the market can be done without losses or not very high, at the same time it can be applied and vice versa. There is a possibility that the business grows, with the possibility of buying the second car, expanding the circular flowShow MoreRelatedBenefits Of A Small Business967 Words   |  4 PagesSmall-Business Preference Service-Disabled Veterans have earned the right to receive certain preferences for government contracting because they volunteered to serve their country. Congress established programs to benefit Service-Disabled Veterans, choose three programs and describe these programs. Explain how these programs benefit a small business over a large business. 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In this paper, we will be more focused on general explanations of the business need for information security, confidentiality, integrity, availab ility, non-repudiation, authentication, and authorization. This policy, which is listed on paper, can be mitigating denial of service (DOS), which can lead several losses in small business. Finally, costs and benefitsRead MoreThe Benefits of E-Commerce to the Small Business Owner Essay1843 Words   |  8 Pagesof the entire business universe. E-commerce relates to that part of e-business that includes transactions that involve money. The larger concept of e-business, however, goes well beyond buying and selling items on the Internet. E-business is about using information, technology, and resources to conduct business online. The processes of marketing your goods and services to your members, e-tailing, can be compared to a store front where you display products and solicit business from othersRead MoreBenefits Of A Small Business Center At Central Piedmont Community College Essay860 Words   |  4 PagesFive years from now I see myself running a small business. Background knowledge as well as experience is needed to run a small business. To gain knowledge I will take advantage of the Small Business Center at Central Piedmont Community College. The Small Business Center provides vast resources and counseling at no cost. Counseling that is provided in the Small Business Center helps with business planning, business growth, or cash flow management. For counseling I would have to request counselingRead MoreThe Importance Of Human Resource Management Within The Business1738 Words   |  7 Pages The Importance of Human Resources in Small Business Derrick Rowley Business 224 Dennis Oden 7 June 2015 â€Æ' Abstract Within this paper you will find that HR is vital to all businesses, but can greatly affect the long-term success of a small business. Small businesses can have a difficult time finding qualified individuals to help with the production side of the business. That is why having human resource management within the business is so important. HR sets the planning process and within