Characteristics Of Small Business Definition

A literature review of 23 papers, which have been published from 1958 to 2002, revealed an inconsistency regarding both characterization and definition of small business. The variety of definition used in these papers unable to set an agreeable format for small business definition. The current article objective is to suggest some guidelines that can help reduce the level of ambiguity. The method to reach that objective is through the analysis of five significant parameters that have been used by different scholars to define small business. Each of these parameters is being characterized and analyze in order to clarify the existing status and for suggesting the less ambiguous alternative for using that parameter.

First, the business must be independent: For that matter, a subsidiary or a branch can't be considering as independent business.

Second, the business is not dominant in the industry it's operating in: Part of 'Monopolistic Competition' definition can be used to characterize the parameter - There are many sellers and they believe that their actions will not materially affect their competitors.

Characteristics Of Small Business Definition

Third, firm size (number of employees): This parameter is obviously the most popular among scholars for defining small business; nonetheless its use varies dramatically. If you're in U.S. then an employer of up to 500 employees will still be consider as small business, contrary to U.S. in Europe most countries use the limit of 50 employees to define business as small. Taking into account that across the world ninety percent of the operating businesses are employing less then 20 employees, it seems that 50 employees is a more suitable limit. Moreover, business with more than 50 employees is employing operational and managerial techniques, which become more and more similar to those of large businesses. Characterize the upper limit brings us half way; in order for us to go all the way, lower limit should be characterize as well. A rule of thumb in that regard is that business with less then five-to-ten employees don't even have the minimum operational and managerial structure, which can be treated as small business, any business with less then five employees is inadequate for any analysis, and should be named micro-business.

Fourth, firm age: The use of firm age by scholars meant to characterize the minimal period of time needed for a business in order to form some operational and managerial backbone, otherwise, there was a risk that data collected for statistical analysis wont be suitable. Biggadike (1979), supported by Miller and Camp (1985), conclude that a new venture needs in average eight years for achieving profitability. The barrier of eight years should be analyzed depending on several factors, such as the industry that the firm operates in or the initial capital raise for starting the new venture. Moreover, Biggadike based his definition on the basis of the period needed to generate profitability, which is only one among numerous measures of performance. Taking all into account, a conservative estimation will be that business can be still considering as new if the period from establishment is two-to-five years.

Fifth, annual revenue: What can be considering as acceptable annual revenue for small business? In order to be able to characterize this parameter, a preliminary step of defining the industry that the business relates to must be taken. There is a substantial difference regarding the revenue in different industries. For example - Annual sales of five million dollars generate by a car dealer must be treated entirely different then when this same revenue produces by any type of consulting firm. The source of revenue is of great importance; revenue from selling goods can't be treated as revenue from selling knowledge or labor. Subject to that remark, and for the vast majority of small businesses that operates in either manufacturing or trade (retail, wholesale) industries, annual revenue of ten million dollars can be used as proximity for characterize the upper limit. This annual revenue correlate with the upper limit of 50 employees used as characteristic for firm size.

Characteristics Of Small Business Definition

Perfect way to give. Chose De Gift Card Email Sweetest Price Sale Here

Dr. Rami Schayek combining the academic world as a researcher and a lecturer at the ben gurion university with a field work as the CEO of several small businesses coincident with coaching many other small and medium businesses. You can see more from his work at http://www.small-medium-business.blogspot.com

Terms: Articles may be reprinted provided content is not edited and links are kept live.

watch mobile phone Best Buy Blue Sea Systems 9012 Solenoid Switch Best Buy Kichler 15504Bk 10 Gauge Low Voltage Best Offer Lund 18536 Interceptor Clear Hood Shield

Report Writing - How to Format a Business Report

Introduction

Report writing is a time consuming business so it is a great shame if, having devoted all that time to writing your report, the quality is such that hardly anyone can be bothered to read it. Quite frankly, most report readers do not actually read all the report; they are too short of time. You might as well know it and accept it -- that is normal. They only read the parts that interest them. Frequently these are the summary, the conclusions and recommendations.

IT Business

Of course, some readers do need all the details you so carefully included, they are specialists, but most do not. Most readers just need two things: that the information they want is where they expect it to be so they can find it, and that it is written clearly so that they can understand it.

Report Writing - How to Format a Business Report

It is similar to reading a newspaper. You expect the news headlines to be on the front page; the sports coverage to be at the back; the TV listings on page whatever and the editorial comment in the middle. If what you want is not in its usual place then you have to hunt for it and you may get irritated. So it is with a report.

There is a convention as to what goes where. Stick with the convention and please your readers. Break the convention and people may get slightly irritated - and bin your report.

So what is that convention, the standard format?

Standard Sections

Title Section. In a short report this may simply be the front cover. In a long one it could also include Terms of Reference, Table of Contents and so on.

Summary. Give a clear and very concise account of the main points, main conclusions and main recommendations. Keep it very short, a few percent of the total length. Some people, especially senior managers, may not read anything else so write as if it were a stand-alone document. It isn't but for some people it might as well be. Keep it brief and free from jargon so that anyone can understand it and get the main points. Write it last, but do not copy and paste from the report itself; that rarely works well.

Introduction. This is the first part of the report proper. Use it to paint the background to 'the problem' and to show the reader why the report is important to them. Give your terms of reference (if not in the Title Section) and explain how the details that follow are arranged. Write it in plain English.

Main Body. This is the heart of your report, the facts. It will probably have several sections or sub-sections each with its own subtitle. It is unique to your report and will describe what you discovered about 'the problem'.

These sections are most likely to be read by experts so you can use some appropriate jargon but explain it as you introduce it. Arrange the information logically, normally putting things in order of priority -- most important first. In fact, follow that advice in every section of your report.

You may choose to include a Discussion in which you explain the significance of your findings.

Conclusions. Present the logical conclusions of your investigation of 'the problem'. Bring it all together and maybe offer options for the way forward. Many people will read this section. Write it in plain English. If you have included a discussion then this section may be quite short.

Recommendations. What do you suggest should be done? Don't be shy; you did the work so state your recommendations in order of priority, and in plain English.

Appendices. Put the heavy details here, the information that only specialists are likely to want to see. As a guide, if some detail is essential to your argument then include it in the main body, if it merely supports the argument then it could go in an appendix.

Conclusions and Recommendations

In conclusion, remember that readers expect certain information to be in certain places. They do not expect to hunt for what they want and the harder you make it for them the more likely they are to toss you report to one side and ignore it. So what should you do?

1. Follow the generally accepted format for a report: Summary, Introduction, Main Body, Conclusions, Recommendations and Appendices.
2. Organise your information in each section in a logical fashion with the reader in mind, usually putting things in order of priority - most important first.

Good luck with your report writing!

Author: Tony Atherton
© Tony Atherton 2005)

Report Writing - How to Format a Business Report

Tony Atherton is a freelance trainer and writer based in England. He has had four books published and about 90 of his articles have appeared in various magazines and journals. After an earlier career in industry he now runs in-company training courses in business writing, report writing (including technical reports) and taking minutes, as well as negotiation skills and time management. Over 6000 delegates have attended his courses. See http://www.tony-atherton.co.uk/reportwriting.htm for details of report writing courses, or see http://www.tony-atherton.co.uk for general information.

cell phone watches Save Save On La Mer The Powder 03 Beige

Ideas for Business Events

If you know that you want to hold a business event but just aren't sure where to start on the whole thing, here are some event ideas that might lead you in the right direction.

Event ideas can be as diverse as the companies and businesses that hold the events themselves. The first thing to think about when choosing what sort of company event to hold is what your reason for having the event is. Depending on the type of information you want to get out - a new business venture, a new product, a promotion - you can decide what sort of event will get your information out in the best way possible.

One of the best company event ideas out there is to hire a company event planner. While planning an event yourself might seem easy at first, the logistics of making sure everything will go off without a hitch can often be more than just one person can handle. A company event planner can make sure that you get the right location, food, entertainment and more for your event without having to go and shop around for all of these things by yourself. They can often give you great ideas of what will work for your event and what will not, and whether or not an idea that you have is feasible.

Ideas for Business Events

Other ideas can come from looking at previous company events. Take a look at the other events held by competing companies or businesses, and see how well they worked. Take the good ideas from these events, and avoid anything that seemed to be too complicated or unfriendly for the audience. Remember that you don't want to exactly copy any other company's event, but you can definitely take ideas from events that are already passed. Also look back at your company and their own events, and make sure you don't repeat what has already been done.

Finally, company event ideas can be had in many places that are great resources for all event planners - such as books, magazines and the Internet. Look around, there are ideas everywhere. Themes can evolve around the core message of your event, or they can be totally separate and wacky. You can choose to stick to ideas that are tried and true, such as sit down dinners and classic parties, or you can start your own event traditions with picnics and concerts. Many planners get their inspiration from tons of different sources.

Business event ideas are all around - and there are many good themes and ideas to choose from. Picking one for your next event should be a piece of cake, if you take the time to carefully think about the event.

Ideas for Business Events

Perfect way to give. Chose De Gift Card Email Sweetest Price Sale Here

Aazdak Alisimio writes corporate event planning [http://www.corporateeventplannerforyou.com/corporate-event-planning] articles for CorporateEventPlannerforYou.com

cell phone watches Special Price Luxe Amendoim 4 5 X 48

Starting an Arcade Business - It's Fun, Entertaining, and Profitable!

You should consider Starting an Arcade Business for public entertainment if you enjoy entertaining and amusing people! You can set your cash registers roaring by providing loads of interactive games, computer games, video games and all kinds of electronic amusement amenities.

This is a fun and family entertainment business. Youngsters and young adults just want to chill out and get their adrenaline pumping and amusement arcades are just the environment. If you are looking for self-employment options that will earn you a stable and profitable income you need to consider the arcade business. Before Starting an Arcade Business you need to check out the local zoning laws.

Estimated start-up costs:
,000 to ,000.

Starting an Arcade Business - It's Fun, Entertaining, and Profitable!

Financing Sources for Starting an Arcade Business:
Bank & Credit Union Loans
Angel Investors
Business Plan needed when applying for loans

Marketing Methods and Tips:
Remember that you are competing with home versions of all these games. For that reason you need to do something to draw them to your Arcade rather than remaining at home to play. Think up some catchy name for your arcade business. One way to draw customers is by offering exciting, fabulous and unique prizes on winning particular games!

Advertising :
Place ads in local newspapers
Yellow Page advertising
Local Radio Stations
Distribute flyers at local clubs, super markets, etc.
Internet website

Essential Equipment:
Vending machines for food, candy and soda
Coin or Token Change Machines
Tables & Chairs
Arcade Games of all types and varieties

Recommended Training, Experience, or Needed Skills:
You don't require any kind of formal or professional training for Starting an Arcade Business. It would be helpful to have some technical knowledge on repair and upkeep of the games. However, you can outsource for repairs and upkeep. Basic business skills would be helpful, but you can learn from books or business plans you can purchase.

Income Potential:
The income potential is dependent upon a good location. If you locate the arcade properly, you can make upwards of 0,000 a year. Without a proper location you will probably have little chance of success.

Target Market:
The biggest target markets for your arcade business are kids, teens and young adults.

Success Tips:
The biggest success tip for any arcade business amateur would be to promote your gaming parlor in a big, big way. You have to employ clever business and marketing techniques to attract customers. After that word of mouth will work the best.

You need to create the perfect ambiance that will help youngsters and their parents to have fun and relax! Revamp your arcade décor from time to time including the latest games and exciting prizes!

Starting an Arcade Business - It's Fun, Entertaining, and Profitable!
Check For The New Release in Health, Fitness & Dieting Category of Books NOW!
Check What Are The Top Cooking Books in Last 90 Days Best Cheap Deal!
Check For Cookbooks Best Sellers 2012 Discount OFFER!
Check for Top 100 Most Popular Books People Are Buying Daily Price Update!
Check For 100 New Release & BestSeller Books For Your Collection

© Copyright Randy Wilson, All Rights Reserved.

Randy currently has a website dealing with Reviews of Coffee Related Products such as coffee makers, espresso makers, coffee, k-cups, and more plus articles on coffee enemas and other coffee and health related topics. He also has a website of Reviews of Small Appliances [http://www.smallappliancebuyerguides.com/] such as ice cream makers, vacuum cleaners, mixers, irons, toasters, food processors, and many other appliances.

watch cell phone Best Offer Lund 18536 Interceptor Clear Hood Shield Best Buy Peerless Industries Desktop Articulating Mount Lct Best Buy Virginia Tech University Car Magnet Large

Why Cell Phones Are Important

Cell phones are now considered to be a necessity for most people. This is because cell phones provide us with the ability to communicate with our family, colleagues, etc. not only through calls and SMS but even through sending e-mails as our mobile phones are now just like a mini computer that can be connected to the Internet if configured. Cell phones are even used as a camera, a video recorder and even as a radio and mp3 player all in one. What more can you ask for?

Cell phones are a great tool for us to connect with other people, thereby providing us with a kind of security knowing that we can "watch over" people or can be "watched over" by the people close to our hearts. In emergency situations, our mobile phones are the ways wherein people can reach us and in the same way through those phones we can reach the necessary people or establishment too. In the event that an old friend is looking for you, there are now websites with a cell phone directory for people to use to find an old flame, a lost relative etc.

If in the past, cell phone reception was not that reliable, that has changed now. In fact due to the advanced technology of today, high quality reception is enjoyed by cell phone users. Wireless technology also brings everything you will ever need in cell phones such as Internet access, GPS technology, etc. Mobile phone service providers have become really dependable that it is hard to live without their services. Due to the increase in the production of different models of cell phones, prices of these gadgets have also dropped making them more affordable than ever. With cell phones, you are not only able to make important calls but may be able to check your office email, use your phone for reminders or calendars, use it for data transfers from your phone to your laptop, and a lot more.

Why Cell Phones Are Important

Cell phone manufacturers now have ongoing competition as to who would be able to provide the best phone in terms of lightness, being user friendly, having the most features, etc. There are cell phones that are not costly but would have nice features, and then there are the really expensive cell phones that would have everything you could wish for. It is up to you on whether you would choose a phone that is basic giving you only the necessary features you need or a phone that is technologically advanced that gives you needed features and also extras that are great to have. Wireless cell phone service providers on the other hand need to come up with a cell phone directory that would work just like a phone directory to be able to trace the cell phone numbers of people you are looking for. Take note though that there are some websites that have their own cell phone directory that is a paid service. This would of course come with pros and cons.

Why Cell Phones Are Important

Perfect way to give. Chose De Gift Card Email Sweetest Price Sale Here

Steve works for FRCD where you can find cell phone numbers free by searching our cell phone directory. You can also lookup reverse cell phone numbers.

watch cell phone Save Save On La Mer The Powder 03 Beige