Benefits And Advantages Of A Business Essay

Benefits And Advantages Of A Business Essay
Digitization has brought both difficulties and advantages for the distributed and toy commercial enterprises. With the quick development of cell
phones, phablets and tablets, the offers of e–books have surged amid a previous couple of years, far surpassing the offers of physical books. Also, with
Kindle and other independently publishing stages, numerous creators have embraced the electronic form solely or as the favored medium.
As discussed earlier, a physical business is a business with a physical location. More to say, it is a business whose location can be determined from a
map. One of the important elements in setting up a business, is setting up a location. In traditional times, we had no internet. The only way a vendor
could have a successful business is to find a perfect location for his business.
Before finding the perfect location, there are a number of factors that had to be considered. The first one is to find out the culture of the people around
the area which the business would be set up. This determines whether the merchant will have customers from that area or not. It is virtually impossible
to prosper in an area where no one buys your goods.
Another factor that ought to be considered is the geographical location in which the business will be established. The business should be located in a
place that is accessible to any form of transport. This is to facilitate the transportation of goods or the products to be used to carry out the required
service.
There
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Starting and Running a Business Essay
Starting and Running a Business Despite being an intimidating prospect for most people, there are millions of entrepreneurs in the US. Some of
them turn out to be very successful, others, not so much. There are many steps to starting and running a business, but many of them can be easily
accomplished simply by filling out some forms, and several small fees. Businesses have been around since the beginning of bartering, an apple for
some wheat, a horse for a wife, a daughter for a house. (In no way reflecting what I would trade) The startups of businesses across time have never
come easy, from cost, to hassle, to threat of beheading; there have always been obstacles in starting a business. One of the hardest parts of being an
...show more content...
This is ideal for most people who want to start a business and keep their home if something goes wrong. The largest area a permit is good for is
one county. If one wishes to operate outside the county the license was issued in, they would have to get a license from that specific county. The
most important thing is starting a business is having a business plan. This is the only way any bank will approve you for a business loan. [1] Without
this business plan, the bank has no way to analyze the business's performance thus far. The SBA offers a template for how to lay out a business plan.
The following is how a good business template should be formatted (from SBA.gov).
Writing the Plan
What goes in a business plan? The body can be divided into four distinct sections:
1) Description of the business
2) Marketing
3) Finances
4) Management
Agenda should include an executive summary, supporting documents, and financial projections. Although there is no single formula for developing a
business plan, some elements are common to all business plans. They are summarized in the following outline:
Elements of a Business Plan
1. Cover sheet
2. Confidentiality Agreement
3. Statement of purpose

4. Table of contents
I. The Business A. Description of business B. Marketing C. Competition D. Operating procedures E. Personnel F. Business

How To Start A Business Essay
In this report, I will discuss what it takes to own your own business and what factors go into it. My overall dream some day is to own my own
business and with this comes a great deal of responsibility. I will help you understand what you can to do to become a successful business owner.
Finding a consistent well paying job has been getting harder and harder in recent years. A number of new and greatbusiness opportunities are available
to the public. These opportunities only cash in if you run a well rounded business plan. Anything from wholesaling vehicles to owning your own pizza
parlor are great starts in business. Although, owning and operating a business is a great burden on a person, it can turn out to be very profitable.
While...show more content...
With all of these challenges their come failure at the job as well, which can lead to disciplinary action, arguments, transfers, dismissals, or legal
actions. So are you ready to own your own business yet? Not quite! Some things you really need to remember.
Say goodbye to a reliable and predictable income. No job is 100% secure and there is a good argument that being in control of your income via your
own small business is more secure than a job however it doesn't feel like that, especially when you start out. You can have great months and bad months
and the only constant is unpredictability. Many business owners don't know that they will never make real money until they sell their business.
Unfortunately many business owners often don't make much more than an average salary, even sometimes less. Many business owners don't make a
big windfall until they sell their business and often by the time they are making the sale they will be using the money for retirement. Although it is also
true that the only way to become really wealthy, besides inheritance and lotto, is by starting your own business.
The reality is that only a small percentage of businesses make their owner really wealthy, the rest stumble along earning an average wage. Of course
many of those owners earning an average wage love their lifestyle and only wok as hard as they want to. Running your own business has the greatest
potential to make you rich and my never make you rich,

Benefits Of Starting A Home Based Business Essay
The advantages of starting a home based business outweigh the time and small expense involved in setting up a viable business. For the long term, the
overhead costs for starting a business in your home are very low. The government provides several tax incentives for individuals who have businesses
set up in their home. There are some strict rules and regulations that must be met to qualify for the home–based business deduction but once confirmed,
the tax refunds for having a home based business are very lucrative.
In addition to the tax advantages, home based business owners have no daily transportation expenses. home based business owner has unlimited
flexibility in balancing work and family commitments. Using technology for communication and business processes makes working from home a
sensible and practical solution to the high price of gasoline, commuting time and costs of buying new clothes.
Home–based businesses play a crucial role in the free enterprise system. These entrepreneurs contribute to the overall economy as well as the financial
viability of their families. The ultimate dream of a home based business is to provide financial independence for the owner, their family and the
community at large..
Some of the most widely recognized software retailers and cosmetic companies had their beginning in a garage. Companies like Apple Computer,
Hewlett Packard, Dell, Microsoft, Lotus and even the cosmetic giant, Mary Kay, were initially started as home based business

An Introduction to Business Essay
An Introduction to Business
Business plays a major role within our society. It is a creative and competitive activity that continuously contributes to the shaping of our society. By
satisfying the needs and wants people cannot satisfy themselves, businesses improve the quality of life for people and create a higher standard of living.
It is a way for individuals to provide goods and services to consumers, and at the same time, produce a profit for themselves. Businesses are not only
important because they provide goods and services for consumers, but they also improve the economy and increase jobs for people within society
which is an additional fact producing a higher standard of living. To measure our societies standard of...show more content...
International trade deficits occur when a nation imports more then it exports. The Decline of Smokestack America is when there is a change from an
industrial to a post–industrial economy. Finally, the conservation of energy is so that there are a sufficient amount of natural resources necessary to
produce goods. General economic growth or stagnation also has an important influence on business within our society. Many factors can affect it's
condition, such as war, new inventions and technology, political assassinations, the discovery of physical and natural resources, labor negotiations,
government action, and many others. When the economy is strong and the demand is high, businesses can prosper. Regardless of how great the
economy may become, businesses still must compete with other firms for scarce raw materials and labor.
A businesses environment creates many opportunities as well as problems for prospering businesses. The environment determines what a business can
do by shaping and channeling its development. Businesses function within an environment by allowing entrepreneurs to raise capital and create profits
freely. The supply of money available within a business as well as the economic stability through times of growth and recession have strong effects on
businesses. Not only is the physical environment, including natural resources, pollution and energy as discussed previously, important, but many other

Business Plan-Example Essay
RUSH BAKERS& RESTAURANT (PVT) LTD
No 56 New Bus Stand
Nittambuwa
Telephone –0773892174
Fax–0338937268
Table of Contents
1.Executive Summary2
1.1Objectives
1.2 Mission
2.Company summary3
2.1 Company ownership
3.Start–up summary3
4. Products and Services4
5. Market Analysis Summary4
5.1 Market Segmentation
5.2 Target Market Segment Strategy
6. Strategy and Implementation Summary5
6.1 Competitive Edge
6.2 Marketing Strategy
6.3 Sales Strategy
6.4 Sales Forecast
7. Management Summary6
8. Financial Plan6
8.1 Important Assumptions
8.2 Break–even Analysis

8.3 Projected Profit & Loss
9. Summary7
1. Executive Summary
Rush Bakers & Restaurant (RBR) is a start–up bakery...show more content...
–People or family members who come to Nittambuwa for shopping and who will be looking for walk–in food convenience feeling tired.
–Local travelers and tourists who are active restaurant seekers.
5.1 Market Segmentation
Rush Bakers intends to serve a wide range of customer base. Our market segment includes:
Young adults and business people
Families with children
Travelers and tourists
High–end singles or bachelors
5.2 Target Market Segment Strategy
The dominant target market for Rush Bakers & Restaurant is a regular stream of local residents. .We can specifically divide the market into two
segments, ordinary people with families and business people.
6. Strategy and Implementation Summary
This business hopes to succeed by offering high quality foods and bakery products at a competitive price and superior customer service at a friendly
neighborhood–feel atmosphere.
6.1 Competitive Edge
The competitive edge of Rush Bakers & Restaurant is relatively low level of competition in the local areas in this particular niche. Rush Bakers &
Restaurant rely on two competitive advantages:
The importance of experience–The customer experience is extremely important as an effective way of distinguishing offerings. When a customer has a
good experience at a restaurant, the probability of the customer repeating to the hotel is more and there is chance of sharing his

Business Essay Topic: Forms of Business Organizations
It is important that the business owner seriously considers the different forms of business organization – types such as sole proprietorship, partnership,
and corporation. Which organizational form is most appropriate can be influenced by tax issues, legal issues, financial concerns, and personal
concerns. This essay explains the general impression of business organizations. A Sole Proprietorship, also known as the sole trader or simply
proprietorship, is a type of business entity that is owned and run by one individual and in which there is no legal distinction between the owner and the
business. The owner receives all profits (subject to taxation specific to the business) and...show more content...
These articles include the name and address of corporation, objectives of the corporation, classes of stock, and financial capital required at time of
incorporation. There are many types of corporations such as domestic corporation, foreign corporation, alien corporation, private corporation, public
corporation, initial public offering, quasi–public corporation, and non–profit corporation. The elements of corporation include: a board of directors,
preferred stock, and common stock.
There are many advantages and disadvantages of corporations. The advantages are: limited liability, transfer of ownership, perpetual life, external
sources or funds, and expansion potential. The disadvantages are: double taxation, forming a corporation, disclosure of information, and
employee–owner separation.
Other types of business ownership include; a joint venture which is a partnership established for a specific project for a limited time. S– Corporation
which is a corporation taxed as though it were a partnership (no double taxation) with restriction on shareholders. LLC which is a flexible form of
enterprise that blends elements of partnership and corporate structures. Co–op which is an organization of individuals or small businesses that have
banded together to reap the benefits of belonging to a larger organization. Mergers which is the combination of two companies

Interview with Business Owner Essay examples
Nilima Rawal
BMGT110
University of Maryland University College
September 23, 2012
Abstract
For my interview I decided to choose the owner of 6 different Subway Restaurants in Maryland. It was an honor to interview my friend "Mr. Sharad
Doshi". He has been in this industry for past five years. I chose him because he has been an inspiration to everyone. Looking at his accomplishments,
makes us feel very proud and I knew for sure, for me, the best person to interview would be him.
Subway is an American Restaurant Franchise that primarily sells Sandwiches (Subs) and Salads. It is owned and operated by Doctor's Associates, Inc.
(DAI). Subway is one of the fastest growing...show more content...
This year Subway owners collected $330,000.00 and donated to American Diabetic Association to prevent and educate people about Diabetes
(Subway.com)
He says I strongly believe that my store has a positive impact on the economy. Since the economy is in recession, people don't want to spend lot of
money on expensive restaurants. As mentioned earlier, subway provides healthy meal options at a very affordable price to the people. We started
offering $5 foot long subs in order for our customers to get healthy food at a very low cost. People can eat fast food and lose weight. Our classic
example is of Jared, who lost 180 pounds just by eating Subways' healthy sandwiches. According to the Subway official website, Subway has impacted
the environmental issue by switching to napkins that use 100% recycled materials, of which 60% is post–consumer recyclable material. Recycled
material can include material such as wood chips; while post–consumer recycled material is paper that has already been used by consumers. Subway
estimates it will save about 147,000 trees a year. The company also switched to cutlery and plastic drinking cups made of polypropylene instead of
polystyrene, which it estimates will save 13,000 barrels of oil annually. Subway sandwiches are extremely popular in different parts of the world and
in some places, it has reached

Essay about Business Memo
Writing Assignment #1: Business Memo with Documented Research Grade: 5 points (5%); Due November 4, 2012 Format: Use the memo format in
Figure A–9 in Appendix A; Figure A.9 is also located in the Doc Sharing area of the course. Length: 2 pages (not including bibliography) References:
Provide at least 4 footnoted or parenthetically cited references, and a bibliography. One of these references should come from one of Park's Online
Library databases (Lexis–Nexis, Ebsco, ProQuest, etc.). One reference must come from a government (.gov or .mil) site such as the CIA World
Factbook or the Library of Congress. and one from a .com, .edu, or .org site. Do not use Wikipedia as a documented reference. Use MLA, APA, or
Chicago style for your...show more content...
NOTE: You may pick any country you like, and the hypothetical company may be involved in any type of business you like. In addition to Park's
Online Library resources, use search engines, libraries and other means to look for information on the Internet and elsewhere. I encourage you to
work together on the research, and will be pleased to help. Two additional sites you'll find useful are: The CIA World Factbook. This is an important
site for information on countries. This site is especially good for support of research for doing business internationally. The World Newspaper List.
This site contains links to English versions of all of the major newspapers in most of the countries of the world. Be sure to check it out! Reminder: Be
sure to document all sources you use – always – with both footnotes or parenthetical citations and a bibliography. The course "Webliography" area has
some guides on annotation (footnote/endnote) and bibliography formats. ________________________________________ How will this assignment
be graded? The criteria for excellence in this assignment are in four categories: Substance Organization Style Correctness See the Writing Assessment
Checklist for Writing Assignment #1 in the Document Sharing area of the course for a detailed rubric for this assignment, which can also be a very
useful checklist to make sure you've covered all of the bases for your memo! NOTE: 1.Complete your assignment and submit it

Essay on International Business
Today's world of rapid increase in and expansion of technology is the reasons for recent International Business growth. The rapid growth in international
business makes an understanding of organizational behavior all the more important for contemporary managers. Businesses have expanded
internationally to increase their market share, as the domestic markets were too small to sustain growth. Business transactions are also becoming
increasing blurred across national boundaries.
Companies engage in international business to expand sales, acquire resources, diversify their sources of sales and supplies, and minimize competitive
risk. When operating abroad, companies may have to adjust their usual methods of carrying on business. This is...show more content...
When dealing with international finance, risk is calculated in many different areas. Here, I will discuss the financial risks associated with international
business, with an emphasis on the risk of foreign exchange rates. Country Risk When a business decides to become an international trader, one type of
risk that must be examined is the country risk. When a company accepts or approves credit to a foreign customer, they are not only assuming the
foreign company's risk, but also the country's risk. Country risk analysis means determining the country credit–worthiness. In terms of the ability and
willingness of a foreign government to make available to local companies foreign exchange necessary to service their foreign currency denominated
obligations or debts to foreign suppliers. (www.bcfm.com/financial_manager/szabo%20internationalfm98.htm)
Mitigation of Country Risk
One way a company can help to mitigate country risk is by fully researching the foreign country they wish to do business with. This is accomplished
by conducting a country risk assessment. This assessment takes into consideration the probability of credit loss or delayed payment, and uses the
results to determine if the corporation will extend credit with the foreign business. Foreign Exchange Risks Foreign exchange risks are often the result
of country risks. Foreign exchange risks can be defined as the ability and willingness of the

Essay about Business Challenges
1. The most significant challenge to business success you see in this rapidly changing global economy;
One significant challenge to business success in this rapidly changing global economy is that many business are focused on efficiency and economic
of scales. Just like the example provided by Michael H. Hugo on Chapter 1, many companies are focused on lowering operating cost as much as
possible. This is causing for executives not leave any room for unpredicted changes limiting the company's ability to respond to customer's changing
needs.
2. An organization that has been successful in the global marketplace using virtual teams and the best practices it used (as discussed in Chapter 7 of
Business Agility: A Sustainable...show more content...
While this is a practice enforced throughout the company, it was necessary to make sure that this communications were clear to the virtual team in order
to maintain morale and the team's trust in the company.
3. How the Marketplace simulation incorporates these challenges into simulation game play;
The Marketplace simulation incorporates these challenges by providing student with real–world business problems and roles. Team members are
challenged to make decisions and used critical thinking in order to solve this problems virtually. While The Marketplace gives the team the tolls
necessary to have effective communication, ultimately each team members contributes to the overall success of the team, just like in a real business
situation.
4. How your readings and individual self–assessment work provide potential solutions to these challenges.
The unit's readings have provided many solutions to the challenges businesses encounter nowadays. To this day, there are many companies that have
business plans that concentrate strictly in lowering operating cost, cut budgets as much as possible and overwork workers that already are overworked.
Some of this solutions include: * Thinking of the costumer's needs and being able to respond to their ever changing needs * Management needs to be
transparent and make sure to communicate with employees, especially when the organizations is making

Essay about My Business Idea
My Business Idea
In my coursework I intend to start my own business. I will devise my own business plan which outlines my business proposal and the key aspects,
during this I will need to seek good business advice on the necessary steps I will have to make. As I go through the coursework I will show evidence,
examples and explain how businesses are set up, what types of businesses there are and their similarities, the kind of targets businesses set for
themselves and also the different objectives of different stakeholders. For my business I plan to sell toys and other game products that educate young
children under the age of 11.
Starting up a business is difficult and risky. Anyone setting up needs to consider:
В·...show more content...
Most people though have to research their product. Businesses also have to decide how the product is to be made.
Finance
=======
No businesses can be set up without finance. Most people who start their own business underestimate the amount of money they will need to set up.
They are often UNCAPITALISED and this causes problems as the business expands. Some businesses have the potential to be highly profitable but
fail because they run out of cash at a crucial early stage in the life of the business. So it is very important to work out how much money is needed to
start the business and to identify where the money will come from.
Identifying the sources of help
===============================
Most new businesses don not survive for more than three years of trading. However, their chance of success is much greater if those setting up the
business have received help from experts before the launch. Many new businesses turn to Business Link or to their local

TEC. They can identify any grants, loans or benefits that are available from government or from bodies like the Prince's Trust. They can also organise
training in setting up small businesses that is so often vital to the survival of the business.
The business plan
=================
Drawing up a business plan is very important. The business plan sets out how the business is to be set up and

Essay On Business Structure
When brainstorming to start a business, it is essential to research the most efficient way to start a company and all the liabilities that can happen.
Business can become successful with the right person in place and a unique idea. When making a company, it is crucial to determine the structure,
which organization to start with and the liability that is involved. When taking a closer look at five different company structures Sole Proprietorship,
General Partnership, Limited Partnership, S/C Corporation, and Limited Liability. Which have not honored the contract and are at risk for legal
actions. The various liabilities between each owner will be discussed. Which will analyze ways to limit liability and display my future business...show
more content...
Now, A partnership is formed between two individuals and the agreement should be in a contract form or writing. The next two types that are
discussed are general partnership and limited partnership. Silverbrand (2008) stated Partnerships are the primary form of business which larger
companies begin (p.167). Partnerships are simple to start, no required registration only within certain states, and can end quite rapidly. A general
partnership is where each partner is equal to liability or any litigation consequences. In a limited partnership, the liability is limited equal to the amount
the limited partners at first invested. In fact, sometimes limited partners do not make business decisions but, own stock within the company. Basically,
an LLC, with its hybrid nature, "provides owners...with the limited liability protection of a corporation, but without the potential for double taxation"
(Jordan & Clark, 1197). The income created from a general partnership of a business is taxed as income earned by the person working for a different
company. When starting a partnership it is best to discuss the amount of liability that each partner is responsible for. Which, will help when looking at
the type of litigation described.
The most recognized companies are Corporations and LLC's. According to Sonderquist (2000) Corporations are similar to limited partnerships

How to Write a Business Report Essay
Reports and proposals
After reading this chapter you should be able to: Explain the differences and similarities between formats, types or sub–genres of reports Explain the
differences and similarities between reports and essays Explain why documents need to contain an appropriate balance of information and persuasion
Demonstrate competence in writing a longer, analytical research report Explain the differences between reports and submissions, proposals and tenders
So you've got to write a report . . .
The ability to write reports is one of the most useful writing skills you can acquire. To be a good report writer means you must be competent at
describing and analysing situations and people. A report is a powerful...show more content...
195)
Memo report
Gives picture of non–routine processes and situations Gives picture of non–routine processes and situations Presents a case for change (e.g. a purchase,
a new system and/or stafп¬Ѓng)
Letter report
Mainly external Decision–makers
Justiп¬Ѓcation

Business Report Essay
Business Report SOCIAL CUSTOMS
Every country has it's own social customs and gestures. Ireland has its share of social customs that differ from the United States, but for the most part
the countries are relatively similar. Friendliness and hospitality have always been the hallmark of the Irish people. People in Ireland react to strangers
very politely, as you would expect in most parts of the United States. The attitude toward foreigners in Ireland is reasonably friendly, and welcoming, as
opposed to being hostile. In Ireland people greet each other much like they do in the United States. In a social setting, a handshake is appropriate when
greeting another man, when greeting a woman a hug is appropriate.
The manners in Ireland...show more content...
Tipping taxi drivers, porters, hairdressers, etc., is customary, but not obligatory.2
To refuse an invitation is viewed much like it would be in the United States. If it were necessary to decline an invitation, it would not be viewed
offensively. When refusing an invitation, you would use a polite manner, as would be expected in any country, usually explaining the reasons for your
absence. Eye contact is important when communicating in Ireland, as would be in any country. When conversing with someone it is appropriate to
maintain eye contact, not allowing your eyes to wonder, and give the impression of disinterest. When non–verbally communicating, nodding your head
is acceptable, where as when disagreeing shaking your head is acceptable.1
When in a social or business setting, there is no information alluding to inappropriate subjects. However, you should most likely exercise your best
judgment, and refrain from talking about personal matters or opinions. There is no social hierarchy in the social structure of Ireland. The former
colonial power shows no apparent power in present Ireland.
CONCEPTS OF TIME
Time is expressed in Ireland in the same way it is expressed in the United States. There is no deviation. Banks are generally open 10AM–3PM,
Monday–Friday (closed for an hour midday). Shops are open from

Essay about A Good Business
A Good Business What the characteristics of a good business looks like?
The basic element of a good business is derived from good management. It is true since business is run by individuals known as managers that perform
specific business functions, such as manufacturing and production, finance and accounting, sales and marketing, and human resource departments.
Identifying a good business is not an easy job; an understanding of Managerial Economics is needed because it provides some tools, techniques of
analysis and Economic concepts to make good managerial decisions. The purpose of this paper is to identify some characteristics of a good business
and list names of the companies having these certain characteristics.
Most of...show more content...
When a firm's sales reach its peak, it works as a signal that new firms start to enter the markets and the firm's sales and profit will start to decline. In
this case, the role of management is very essential. The firm has to manage its expansion plan, such as launch new products and entrance a new market
in order to compete with its competitors.
The most common and useful measurement of a good business is by calculating its profit through return on stockholder's equity (ROE). ROE shows
how much return that stockholders have earned on the capital that have been invested by stockholders into a business. Net Income ROE =
________________ Stockholder's Equity
High rates of return on stockholder's equity indicate a good business performance and also high growth rate of sales.
Besides steady growth of sales and high rates of return on equity, a good business must also have strong brand equity. It is important for a firm to
create an image of its products on buyer's mind so that buyers become loyal to the firm's brand. Strong brand equity also generates higher profit since
consumers want to pay more because of the reputation that the product have; moreover, it works as a powerful defense against new

The Importance of a Business Plan Essay
When it comes to starting a business it is important to have Business Plan. The value of a business plan is important in the startup of an organization.
The value of proper business plan in an organization can determine if the organization will withstand over of time or for years to come for that matter.
In implementing a proper business plan, proper planning in it self is important and valuable to the process.
Planning helps in ensuring that the organization can withstand and remain as an essential asset to the needs of the community and helps in providing
an impact on the city tax base. A valuable business plan can also allow the company to look at ahead at its projected profits and loss to be able to give
their shareholders the return...show more content...
Short–range planning is for the company to have goals that will be rewarding and easy to obtain.
Long–range planning for the most part seems to be more difficult to adjust and is often times less rewarding. When external environments are
frequently changing management with staff need to ask how to develop plan of actions that will remain relevant. Planning should be no less important in
such a forever evolving environment it needs to be more important.
Businesses that operate to just make profit normally operate without ethics. When a business is not held to standards of accountability it would be as
to have another Enron or a Bernie Maddoff situation. Sociologist Raymond Baumhart wanted to know from business people what ethics meant to
them and some of the replies were "Ethics has to do with what my feelings tell me is right or wrong." "Ethics has to do with my religious beliefs."
"Being ethical is doing what the law requires." "Ethics consists of the standards of behavior our society accepts."
Lack of proper marketing in a business is one of the main reasons a lot of businesses have not succeeded. Strategy planning determines whether one
will live or die or whether they fail or succeed. Marketing strategy is a process that should allow any organization or business to focus its limited funds
or resources on

Business Communication Essay example
Business communication needs to become interpersonal again. No matter how we believe our human forms came into existence, we were built to need
personal contact and function best with face–to–face communication. As children, we desired comfort from touch, a hug from our mothers. As
teenagers, we held hands with our boyfriend or girlfriend. As adults in the workforce, we still need to feel that connection and comfort with our
families and the people we work with. As Susan RoAne (2008), owner of a speaking, consulting, and coaching business, discusses one way we feel this
connection is through getting to know and building trust by communicating in–person. Through this interpersonal interaction, we not only feel more
comfortable around...show more content...
For the greatest success of the business, employees need interpersonal communication to connect with their co–workers. A leadership expert, John C.
Maxwell (2010) says: "Connecting goes beyond words." (p. 41). Physically being in the same room, verbally speaking thoughts, engaging in eye
contact, and being able to see nonverbal responses are all important and add to a person's understanding of the message being communicated and feeling
a connection. Overall, communicating face–to–face is more natural for employees. An employee knows who is hearing what they are saying and seeing
their nonverbal gestures. The employee can either get immediate feedback whether or not the person understands or agrees or disagrees. The
communication does not have to be formatted as it does on paper. An employee should still present themselves professionally, but communicating
face–to–face is a process, instead of format.
Through in–person communication, employees will be able to not only build needed connections, but relationships and trust with co–workers in the
business. Maslow's hierarchy of needs is like a staircase, a person needs to satisfy the lower stairs to easily reach and fulfill the higher staircases. If you
refer to Figure 1 on page 9, social needs, feeling connections with people around you, are

My Family With Business Background Essay
I grow up in a family with business background. Most of my family, in Iran, has their own business firms. Following my father 's footsteps, I also
developed an interest in starting and running my own business. When I was 13 years old, with help from family and friends, I started my first business
on the internet. It didn 't take long that the website became famous and profitable. After two years, I sold my business and looked for another
opportunity to invest my money.
I always had a dream to study abroad and get a degree in business. I consider myself fortunate as I was selected to participate in a program in the
United Kingdom called Bossiness Foundation allowing me to move to the United Kingdom and study business in high school. When I was seventeen
years old, I moved from my home country of Iran to the United Kingdom pursuing a better education and future opportunities.
It wasn 't easy to say goodbye to my family and friends and move to a country with a different culture, language, weather and lifestyle. I moved to
Brighton UK, a Small city in the southern UK, where my high school was located. For the first time in my life, I was on my own. I had to grow up
quickly and start making decisions, for my life and my future, on my own while learning and integrating into to a new society. I took on this challenge
head on and started learning what it takes to survive on my own. The most important skill that I learned was time and money management. There was
no one around to

Benefits And Advantages Of A Business Essay

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Benefits And Advantages Of A Business Essay