5 Key Traits of the Entrepreneurial Spirit
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So, you have an idea for a new business – now what? Any successful business owner could tell you that it takes more than an idea to become prosperous. Everyone has a dream, whether they follow it or not is another story. Though every business owner is different, many hold certain key personality traits that drive them to chase their dream when they wake up every morning. Here are five key traits of an entrepreneurial spirit you need to ensure success. Content contributed by Shaunda Wickham, Florida SBDC at USF
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Content provided by Chevon Baccus, Florida SBDC at USF business consultant.
The 18% Solution - Cash is King
Every account on a company’s chart of accounts has a purpose but not all are created equal. Nobody knows for sure who said it first but virtually everyone agrees that cash is king. It always has been and always will be. Cash – it’s the fuel that powers the business engine. Without an adequate supply of cash all businesses will fail, even those whose sales are growing. Startups and small businesses are particularly vulnerable to this because they often don’t have adequate reserves and they don’t understand cash management. A study by US Bank concluded that as many as 82 percent of startups and small businesses fail due to poor cash management. 82 percent! Let that number sink in for a minute. Now that I have your attention you’re probably wondering how do I avoid being part of the 82 percent?
Find more resources at http://SBDCTampaBay.com/resources.
Content provided by Bill Burnham, Florida SBDC at USF business consultant.
Five Rules of the Insurance Game
Insurance has been around for a long time. Two thousand years ago, the Greeks and Romans had a form of cargo insurance. In the early 1700s, Lloyds of London became known for its maritime insurance. In 1752, Benjamin Franklin brought property insurance to America. The concept is simple: For a price, the insurance company will guarantee you against loss if you play by the rules.
Find more resources at http://SBDCTampaBay.com/resources.
Content provided by Linda Benedict, Florida SBDC at USF business consultant
6 Tried and Tested Tactics for Government Contracting
Even though there are budget cuts in the federal government it is still one of the most lucrative places to get contracts from – especially for small businesses. You can take an assumption from the fact that they spend nearly $500 billion every year on these contracts and by law 23 percent of this is supposed to go the small businesses every year.
Find more business resources at http://SBDCTampaBay.com/blog.
Content provided by Yolanda Cowart, Florida SBDC at Pinellas County business consultant
8 Things to Consider Before Setting Up a Home-based Business
Is a home-based business right for you? Check out these 8 things to consider before setting up shop.
Content provided by David Noel, Florida SBDC at USF business consultant
5 Things You Should Know About Business Plans
Don't have a business plan for your small business? Use this as a guide to creating a business plan that will serve as a roadmap for your business.
Content provided by David Noel, Florida SBDC at University of South Florida business consultant (SBDCTampaBay.com).
Failure to Launch
4 Reasons Why You Did Not Get That Business Loan
Information provided by Bo Cooksey, business consultant for the Florida SBDC at University of South Florida.
SBDCTampaBay.com
13 Thoughts when Hiring a Web Designer
The following information is presented to get business owners thinking about the necessary information required from a designer to protect the business.
In no means is this list of activities/questions to be considered the ultimate list for every business, but merely some thought-provoking ideas to consider.
Please seek legal counsel before signing any contracts.
Information provided by Wayne Brass, business consultant for the Florida SBDC at Pinellas County Economic Development.
Emotional Intelligence
Emotional Intelligence: Why it's important to your business.
Information provided by Dr. Anita Rose, Florida SBDC at USF Sarasota-Manatee
92 Creative Ways to get Money Without Going to the Bank
Only 14% of new businesses obtain capital from a bank to start up. Yet, most people focus all of their efforts on this unlikely source. However, there are ways for owners to get money using creativity, innovation, and finesse. These 92 techniques are simple, realistic, and logical. A solution to your capital problems exists.
Information provided by Jim Taylor, Florida SBDC at USF CONNECT consultant.
Getting Through Government Acronym Soup
Submitting a government bid can be a daunting task if you are unfamiliar with the lingo. Are you familiar with the acronyms IFB, RFP, RFQ, and RFI? This article will help you navigate through the acronyms with ease.
Information provided by Charlene Bostic, Florida SBDC at USF.
Reminders for Small Businesses
Small business owners are busy running the day to day operations of the business, which can sometimes lead to overlooking some key items. The following are just a few required items that every business owner should follow up on, and none of these are financial reports.
Information provided by Wayne Brass, Florida SBDC at Pinellas County Economic Development.
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"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
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𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
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Tata Group Dials Taiwan for Its Chipmaking Ambition in Gujarat’s Dholera
The Tata Group, a titan of Indian industry, is making waves with its advanced talks with Taiwanese chipmakers Powerchip Semiconductor Manufacturing Corporation (PSMC) and UMC Group. The goal? Establishing a cutting-edge semiconductor fabrication unit (fab) in Dholera, Gujarat. This isn’t just any project; it’s a potential game changer for India’s chipmaking aspirations and a boon for investors seeking promising residential projects in dholera sir.
Visit : https://www.avirahi.com/blog/tata-group-dials-taiwan-for-its-chipmaking-ambition-in-gujarats-dholera/
Memorandum Of Association Constitution of Company.ppt
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
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ModelingMarketingStrategiesMKS.CollumbiaUniversitypdf
Implicitly or explicitly all competing businesses employ a strategy to select a mix
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[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
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3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
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Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
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