Small Businesses Affected By Financial Crisis

Small Businesses Affected by Financial Crisis
Small Business affected by Financial Crisis
The purpose of this research study is to review how small businesses are affected by economic crisis, to assess the effects of marketing strategies on
business performance and to identify strategies that can help small businesses grow in troubled times. The following 5 literature reviews attempt to
demonstrate and support the hypothesis. In a research article by Jeffries (2011) stated how there are four ways to bounce back after a recession. The
four recommended strategies to help your business bounce back after a recession are innovation, looking into government programs and partnerships,
work on developing future businesses and rethinking how you do business. It is hypothesized that ... Show more content on Helpwriting.net ...
They were also determined to improve the current economy. The research article states 3 key components that any small business owner can
incorporate to improve the success of their company quicker. Business owners should create intermediate products e.g. newspapers and or free
consultations to bring in their customers. Secondly they should survey their customers to analyze how their products are being used. And last, a
loyalty program should be created to reward their customers for buying and using their products. It is hypothesized that small businesses emerge with
strength to overcome the economy because they are better able to respond to their customer needs. In the research article by Krell (2011), the Small
Business Administration Office of Advocacy defines a small business as an independent business having fewer than 500 employees. In the article it
mentions that successful small business leaders tend to treat risk as a two–sided coin. Meaning that they will identify and mitigate threats on one side
while seizing and exploiting opportunities on the other side. Due to the economic crisis, there has never been more threats or opportunities confronting
small businesses.
The study shows that small business sales are weak because of the decline in optimism in business owners. There is uneasiness among small business
owners about future opportunities. Since the economy is not growing
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The Application Of Erp Management Of Small Businesses
Introduction
For years, small businesses have been looking for solutions to monitor the overall system of operation. Inevitably, if a business is developing and
growing, it would reach a point where the actual information technology (IT) infrastructure becomes obsolete. For Forrest Burnson (2015), when a
business attends that point, the first move is to renovate the Enterprise Resource Planning (ERP) system. ERP supports management in monitoring the
critical operations as sales, accounting, human resources, supply chain management, customer relationship management and more.
When it comes the time to upgrade a system or implement one for the first time, choosing an ERP system is not a stress–free decision. The software
itself is expensive ... Show more content on Helpwriting.net ...
1. Information Technology in Management
During the last three decades, the role of computer in the business world has changed considerably. Advances in technology and information processing
have paved the path of management of a different structure. The entrance of information technology in business has helped automate some operational
activities; nowadays, information system supports more levels of management and facilitates strategic planning.
In the 1960s and 1970s, the main issue was the management of huge amounts of data. It was the era where management application automates
repetitive operational processes. At that time, the technological market was dominated by large manufactures that centralize the processing power. For
Thomas Haigh (2010), the 1970s have launched the debut of a new era in business by seeing the invention of the ENIAC; this pioneering moment has
changed forever the future.
In the 1980s, the IT market opens to small businesses. This period allows to a large number of users the access to data through various applications that
permit them to respond to specific needs. Thomas Haigh mentioned (2010) that age was dominated by the growing importance according to personal
computers; everybody wanted to possess their own computer.
The 1990s was accentuated by the booming of personal computers, automation system to manage enterprises, and the explosion of telecommunications
and networks. The main challenge was the sharing of

Human Resource Management At Small Businesses
Pre–sessional 2016
Final Project
Human Resource Management in Small Businesses
Blades
Qi Ni/Nicky
26036566
Human Resource Management in Small Businesses
Human Resource Management (HRM) is the terminology used to illustrate formal systems devised for the management of people within an
organization. It is the method of managing an organization or company that is directly related to the employees of that particular organization. The
success of a business often rely heavily on the performance of managing human resource. Maximizing the desires and benefits of an organization and
helping a business grow by rewarding employees to help motivate and push them in their performance is one of the main aim of HRM. By doing this,
it will have a positive impact on both the company and it's entire organization.
The management of people in an organization is an important factor of the HRM. This principle of HRM is all about how people act and behave in a
formal setting. Modern human resource management is guided by a few main principles.
One of the most dominant factor is the fact that human resources are the most valuable assets of an organization. Another important principle,
expressed by Ashly Pinnington in her book 'Human Resource Management Ethics and Employment', is that "a succesful business is more likely to be
achieved if the personal polices and

Small Businesses Are Essential For The Growth Of Any Economy
Background:
Small businesses are essential for the growth of any economy since they are considered as building blocks. They can be equated to stem cells in the
human body that have the ability to self–generate and differentiate into various structural forms. Small businesses can be established to cut across
industries, countries, and communities. One of the primary roles of small businesses is the creation of employment for large numbers of people in
society. In the United States (US), small businesses are estimated to create jobs for approximately 64 percent of the population with most of them
having less than 500 employees. In other countries like Australia, small businesses are classified as those having less than 20 employees. ... Show more
content on Helpwriting.net ...
Importantly, strategies play a significant role in the growth of small businesses. This is because they offer a company a direction and come up with the
way through which the goals can be achieved. However, early research indicates that small businesses do not take into consideration the role played by
strategy in ensuring that their growth is attained. Moreover, much of the existing literature emphasizes large businesses entities with no explicit
theoretical frameworks explaining the management of small businesses. The results of the studies confirm the relevance of the subject and the need to
conduct more research on this topic to develop the strategies that will offer small businesses guidance and direction on the various development
strategies.
Problem Statement:
Business growth relies on the strategies that are applied in production and marketing of products. Managers should set goals and the timeframe within
which the goals should be achieved. This can be done only if there is sufficient knowledge regarding the market. Therefore, it is important that adequate
research on growth strategies for small businesses is carried out. Currently, there is limited knowledge about small businesses which can be justified by
the small level of interest, inadequate economic data, and the assumption that small businesses do not use growth strategies.
It is important to note that small businesses working with

Business Financing For Small Businesses Essay
Small Business Loans
Starting a business requires capital so as to run and steer the business to profitability. There are many sources of financing tailored to meet the needs of
start–ups and small businesses. Business financing usually varies depending on factors such as source of funds and the size and type of business. The
process of securing funds can also be problematic for most start–ups and small business because of the unwillingness of most traditional banks to
provide funds to small borrowers. Here are some of the main non–banking financing options for startups and small businesses:
Venture capitalists– most venture capitalists are focused on specific growth industries. For this reason, small businesses that are making money can
tap into this form of financing to expand their businesses into the next phase of growth. Besides capital financing, venture capitalist also provide
crucial business insights and leads to business owners. For example, a business owner can be advised if the product or service he or she wants to sell
will be a success or failure. Most venture capitalist who lend money to small businesses offer short–term to mid–term borrowing of between 3 to 5
years.
Grants – startups that are keen on research can apply for grants from governments and willing investors. However, grant recipients must meet all the
laid down developmental and research goals. In most cases, the ideas advanced by such entities must be viable to move to the next phase of

Obama And Donald Trump 's Plans For Taxes And The Effects...
Hillary Clinton and Donald Trump have stated that they have many different views on nearly everything I chose to study their plans for taxes and the
effects their campaign promises will have on small businesses. This is important to me as a small business owner and I feel that their views on part of
the aspects do not differ as significantly as they claim, but some aspects do differ drastically.
Donald Trump has promised a sweeping tax cut of fifteen percent according to his website. (Donald J. Trump Campaign, 2016) "Mr. Trump's plan
would eliminate the disparity between the way large corporations and small businesses are treated under the code and all businesses would be taxed at
a substantially lower rate. Those reforms would encourage more small business investment, job creation, and economic growth." stated Juanitta
Duggan President of the NFIB. (NFIB, Contact Kelly Klass, 2016) Donald Trump's plan is one that many economists support when viewing it from the
small business aspect. He has now stated that he wants to increase the minimum wage now. In November 2015, he stated that he would leave it
according to the NFIB website per the Washington Examiner, but later in the same article it is stated that he will increase the minimum wage to
something that one can live off of. (NFIB Protecting the Future of Small Businesses, 2016) He does state per the Washington Examiner though that
increasing it in a drastic leap such as from what it is today to fifteen dollars per hour

The New Small : How A New Breed Of Businesses Is...
Introduction of the Author This report is based upon the book The New Small: How a New breed of Businesses Is Harnessing the Power of Emerging
Technologies, written by Phil Simon. The book was published by Motion Publishing and is copyrighted 2011 by Phil Simon. Phil Simon is the author
of the Why New Systems Fail and The Next Wave of Technologies along with a few other management books. Phil consults companies on how to
optimize their use of technology. While not consulting, Phil speaks about emerging trends and technologies. His contributions have also been featured
in several technology–oriented media outlets. Simon currently resides in Las Vegas, Nevada. Abstract/Summary TRENDS & THE FIVE ENABLERS
Nowadays, technology is not solely... Show more content on Helpwriting.net ...
Next the focus is shifted to the current technologies that are at the center of the revolution. Essentially explaining how to go small to be big. This in
turn introduces the Five Enablers. These technologies are: SaaS, Free and Open Source Software, social networks, mobility, and cloud computing.
THE NEW SMALL This section is considered to be the heart of the book by the author. This section also specifies 11 interesting small businesses that
have used emergent technologies to become a pioneer. The New Small are doing more with less, which strikes a balance between mobility and
structure. Part II does much more than list the enablers used by each company. Phil Simon goes in depth and details how the companies experimented,
often overcoming major hurdles in order to continue pushing forward. Amid, the triumphs and fiascos, each small businesses remained persistent by
exploring and plotting its own path. In our day, being small can be a significant benefit. This group tends to be a group with a plan. Level–headedness,
purpose, and long–term deliberations tends to motivate their decisions. Thus the New Small is doing everything quicker and becoming superior.
BECOMING ONE OF THE NEW SMALL New Small businesses tend to adopt the new philosophy of emergent technologies with higher rates
compared to larger organizations. However, Phil Simon goes on to state that "he has seen how small businesses struggle to implement new
technologies." That goes to say that: all else

Small Business Administration : Small Businesses
Introduction
Small Businesses
The Small Business Administration defines small business as a business with 500 employees or less. Small businesses are well known and
acknowledged worldwide as important contributors to economic development and job creation. They also play a big role in the general health and
welfare of economies, both nationally and internationally. The small business sector represents a statistically significant proportion of the world
economy. (William Gale and Samuel Brown 2013) The U.S. Small Business Administration (SBA) reported that small businesses represent 99.7
percent of all employer firms. Small businesses have paid 44 percent of the total United States private payroll, and generated 64 percent of new jobs
since 1995, according to the SBA. Small businesses contribute to local economies by bringing growth and innovation to the community in which the
business is established. Small businesses also help stimulate economic growth by providing employment opportunities to people who may not be
employable by larger corporations. Small businesses tend to attract talent who invent new products or implement new solutions for existing ideas.
Larger businesses also often benefit from small businesses within the same local community, as many large corporations depend on small businesses
for the completion of various business functions through outsourcing.
Correlation between Entrepreneurship and Small Businesses
Entrepreneurs are people who create new

The Role Of Video Communication As A Marketing Tool For...
In recent year, online video is quickly becoming a new method for the organization to convey their message to the employer, customers and all types of
stakeholders because the audience is trying to reach, learn and get information, feel connected, share through watching online videos. This essay will
examine the role of video communication as a marketing tool for small businesses. The focus will begin by providing an overview how YouTubecan be
useful marketing channel for small business, and explore some cases of successful stories of small business that use online video to brand their
products. This essay will also examine how the traditional 4P's of Jerome McCarthy marketing approach has been replaced by the modern way of doing
... Show more content on Helpwriting.net ...
"Video communications give employees a way to interact with clients and colleagues from anywhere using the mobile devices of businesses that
utilize video communication."(Nicholas, 2016) According to Artero (2010), "The future of the television industry involves not only traditional
transmission via the airwaves, cable or even mobile telephone but also through the new channel open for video in recent years." Computer
Technology is developing at rapidly. As a result, online videos are becoming a modern way for customers to communicate. Today customers are very
keen to get the information but they want to get quickly, they do not want to spend much time for searching on the web page. It is also difficult for
customers to read the whole page until the end or click through other relevant pages for information. On the other hand, once they start watching a
video clip, customer are likely to view it to the end than they are to read a whole page, which gives a better possibility to engage them and thereby
gets the message across, describes in PC World(Poor,2009). The study, released in Mashable, Meg (2013) reports that one in three million watch online
videos than watching television. So few seconds video watch by customer increase leads because they know you better through listening, watching. In
short, before meeting you face to face, customers feel comfortable and better understanding of the business model.

Using Technological Innovation to Mitigate Issues of Small...
Innovation and Small Business
Evaluate how networking can mitigate the issues small–business owners face regarding isolation so they can become more innovative
Some of the problems that small businesses face include marketing, inflexibility, and employees. Small business owners often confuse marketing with
advertising. Market refers to the people whom the business would like to target with their product or service. Majority of the business owners do not
realize the importance of finding their niche market, which makes their target market to be very broad. Networking with other small business owners
who have managed to succeed in their business would provide the business owner with invaluable insights. The business owner does not need to
network with others in the same industry. By networking, the business owner would better understand how to narrow down and focus on their target
market.
Business owners who refuse to let go of their ideas when things are not working usually end up failing. A business owner should always be prepared to
attempt different ideas to establish which one would work ADDIN EN.CITE Bessant2011115(Bessant & Tidd, 2011)1151156Bessant, J.Tidd,
J.Innovation and Entrepreneurship2011Hoboken, NJWiley9780470711446http://books.google.co.ke/books?id=u_9–Yl2j0gEC( HYPERLINK l
"_ENREF_1" o "Bessant, 2011 #115" Bessant & Tidd, 2011). Attending industry events would provide the business owner with more information and
knowledge, which would assist them to

Accounting Software Bridge Gap For Small Businesses
Accounting Software Bridge Gap for Small Businesses
Small Businesses face more challenges than large corporations, it is often difficult for small businesses to remain competitive in a constant changing
economy. Many small businesses lack the capital, know how, and budgetary allocation that helps small businesses build and expand. Therefore, small
businesses depend on accounting software to narrow the gap between large corporation and small businesses by reducing cost, boost efficiency, reduce
manual errors, and assist small businesses in staying ahead of their competitors. Accounting software gives small businesses an advantage in a
competitive market by improving small business ability to manage financial statements quicker and easier. ... Show more content on Helpwriting.net ...
Small businesses are the fabric of our economy and technology has aid in the development, growth, and prosperity of small businesses. Technology
has improved the way small businesses prepare financial statements, record sales, and recognize asset impairment at a click of a button. Technology is
so far integrated into our society that it is impossible for a small business to function without using technology. Thus, accounting software allow small
businesses to operate efficiently without losing sales and reduce the time it would typically take to prepare financial statements. Small businesses can
run more smoothly using accounting software that matches the need of the company. Accounting application is an essential tool for small businesses
and is an indispensable asset for the going concern of small businesses. Therefore, accounting software enhance the capabilities of small businesses to
function efficiently, increase productivity and competitiveness despite the size of the business. Various accounting software such as QuickBooks,
Freshbooks, Xero, and Zoho Books are great for small businesses and include payment processing, payroll capabilities, general ledger management, and
invoicing. QuickBooks application are great for small businesses freelancers, and consultants and as a user–friendly interface. QuickBooks user's
basically complete forms and the software preform the

An Encouragement for Small Businesses
Encouragement of Small Business
Introduction
The Congress has the authority to impose requirements for the federal procurement policies. Through the acquisition process, the government procures
goods and services from diverse players. The process consists of three phases that are, acquisition planning and need recognition, contract formation and
contract administration. Federal acquisition regulation (FAR) regulates the activities of the government in the procurement process. The system does
not regulate the activities of the private sectors, but it affects the operation of private firms incorporated into the federal government by way of
solicitation and reference of contracts. Congress, on the other hand, imposes requirements on private sectors whereby, agencies of the government
obtain goods and services from private individuals or sectors. One of these authorities comes to be when congress exercises its mandate by promoting
subcontracting and contracting with small business entities (Columba, Gambacorta & Mistrulli, 2010). Declaration of these measures by congress
ensures that small business entity gets a chance to contract with government agencies. Congress should aid, assist, protect, and counsel small business
entities to ensure their survival in the market. Congress mandate ensure that there is fair competition in the procurement market within agencies and in
ensuring that there is fair proportion set aside for small enterprises. Small entities need not only be

Small Business Loans : Small Businesses And Star Ups Essay
Small Business Loans
When you want to start a business you need capital in order to run and steer the business to profitability. There are many sources of financing start–up
and small businesses can tap into to get started. Financing usually varies depending on the source of financing as well as the size and type of business
you want to run. However, the process of securing funds to start a business is fraught with many challenges. This problem has been compounded by the
fact that many traditional banks have a problem funding small businesses and star–ups. Below are main non–banking financing options for startup
businesses:
Grants – startups that are keen on research can apply for grants from governments and willing investors. However, grant recipients must meet the laid
down developmental and research goals. In most cases, the advanced ideas must viable for commercialization.
Venture capitalists– small businesses that are already in business can tap into this form of financing to expand their businesses into the next phase of
growth. Most venture capitalists are focused on specific growth industries; besides funding, venture capitalist also provide crucial business insights
and leads to business owners. For example, a business owner can be advised whether the product or service he or she wants to sell will sell or flop. It
is important to note that most venture capitalist who lend money to small businesses offer short to mid–term borrowing of between 3 to 5 years.

A Brief Note On Fraud And Small Businesses
Victims – Fraud in Small Businesses, 2016).
Both large and small companies require a certain amount of protection from fraudulent acts. To be naive in thinking that fraud would never occur
within a company would be reckless. There are three key objectives when operating a business, whether large or small. These objectives include
prevention, detection, and response, and should be implemented into every companies operations. When exploring preventative techniques, there a
seven recommendations made by professionals to reduce the most often seen attacks of small business fraud and cybercrime.
Most importantly a company should protect their assets, specifically their credit cards and bank accounts. Credit cards and bank accounts is a
common source of fraud and should be recognized as the most important advice to adhere to (Beesley, 2013, para. 5).Professionals recommend
"separating your personal banking and credit cards from your business accounts – this will ensure fraudsters don't get their hands on all your money.
This will also make it easier to track your business expenses and report deductions on your tax return" (Beesley, 2013, para. 5). It is also recommended
that credit cards are not shared with employees within the company. There are many advancements in technology that allow for reduced use of having
to tote around an actual credit card, for example, bills can be paid in advance online (Beesley, 2013, para. 6). Along with online bill pay, e
–statements
have also

How Can Small Businesses Survive in Today's Economy?
How Can Small Businesses Survive in Today's Economy? The idea of working for yourself and managing your own time is interesting. Thinking
about some advantages of being your own boss, many professional designers are trying to find their place in the market. Discussing when is the best
time to start a business, if it's really worth, and how to get started are relevant issues. When this important decision, there are many view points to
consider. Why do people start their own business? Some are trying to get their best, some can't find a good job, and some are just tired of working for
other people. Whatever the reason maybe, you must be sure that you can handle it. It's great to think that you won't have a boss anymore, you can
control ... Show more content on Helpwriting.net ...
She has been debating as to when be the right time to start that business. Due to what the researcher has experienced, she see there is more research
to be done before time, money and hard work is spent in developing this venture. To pursue this venture, the researcher must consider the how being a
black businesswoman will effect her getting started. There is hardly enough room for new businesses to get started, let alone a black woman in
business. The researcher has been working for a small business for six years and has been apart of their growth and decline. Due to the economy the
small business the researcher has worked for has lost several contracts and has had cut backs on others. The business has maintained through its
difficulties but how much more can it withstand before it surcomes to the economy. So far so good but are the difficult times yet to come.
Personally and professionally this topic means a lot to the reasearcher. The way today's economy is going, you do not know if you will have a job
from one day to the next. While writing this portion of the paper the researcher learned that her job was in jeopardy due to cuts and other problems
the company in which she provides her service to is having. Not knowing from one day to the next if your going to have a job is not way a person
should have to live. Investing in yourself and profecting a good/service to provide to a community will be a start of something more fulfilling and
permenant.

Are Small Businesses Dependent On The Presence Of The Owner?
Dilemma 6
Are small businesses dependent on the presence of the owner?
There are plenty of small business arising in the market. But does the success of the busssiness rely solely upon the owners? Can they not trust their
employees to carry out the task needed in order to keep the business running properly? This is the question we will be addressing in this dilemma. is
it really necessary for the owners to be on the premise at all times? Are personality cults created in small businesses? Is it possible for customers to
create a personality cult around the owners of a business? How might the owner go about reducing customer' dependency upon the presence and/ or
personality of the owner and leading customers to depend more on the business itself?
First up is why does it seem to be necessary for the owners to be on the premises all the time? Why is it that many of the owners find it necessary to
be on the premises of their business at all times? Even though firms later employ other workers, the management style and personality of the owner
seem to be necessary to the survival of the firm. But why is that? I think as small businesses develop their little ventures they put in so much time
and effort to it as they grow, that customer have grown fond of the service those to people provide overall. They understand and love what their
doing and get the most of doing what they do. What I'm trying to say here is that people tend to be treated in a specific way by one person and

Essay on Obamacare and Small Businesses
Obamacare and Small Businesses
Adverse Effects
Obamacare seems to have a plethora of negative elements attached to it. When it comes to small businesses, Obamacare might potentially have an
adverse effect on the employers and workers. However, at this time we cannot do anything for fellow citizens that are feeling the emotional and
monetary distress that they're enduring as a result of Obamacare.
There is a possibility Obamacare will have a negative impact on small businesses. Attributable to the anticipation of Obamacare, small businesses have
already started replacing full–time employees with part–time employees. In anticipation of Obamacare, employers need to decide what the most
effective economic choice is for his or her business. ... Show more content on Helpwriting.net ...
Small businesses with more than 50 full–time employees with an average annual wage above 250,000 must provide health coverage to full time
employees come 2015. This is sometimes called "The employer mandate". (Obama Care Facts). Obamacare employer mandate could be a downfall for
the most non progressive future for many businesses. Not only will businesses have a hard time flourishing, but the new requirement makes it more
expensive for businesses to hire workers in the future along with reducing full–time employees to part–time employees. In anticipation of Obamacare,
employers will need to decide what the most effective economic choice is for his or her business. The business will have to insure their employees
and may qualify for a tax credit or pay a 2,000 penalty a year for each uninsured employee. Obamacare will give small businesses tax breaks and credits
to cover small businesses cost increase. Whereas ninety six of employers won't pay further taxes, there is an increase to the current Medicare Part A,
paid by 3% of businesses and employees making over $200,000. There is also a requirement for employers with the equivalent of over 50 full–time
employees to obtain health insurance for their workers or pay a penalty by 2015. Employers will have the option of providing health insurance coverage
for all of their workers or paying a penalty ("Opposing employer mandate"). Employers that offer coverage must meet a minimum benefit and
contribution requirement

Benefits Of Small Businesses And Developing A Successful...
TESTIMONIAL from Sean Moore, Small Business Developer Congress Heights Community Training and Development Corporation As a Small
Business Development Specialist in Ward 8, I understand the importance of small businesses and entrepreneurs in developing a successful and
self–sustaining community. Furthermore, I understand that when communities become stagnant and opportunities limited, it is important that those
communities see investment from outside forces to initiate change and restore hope and optimism. Accordingly, when I learned that the Mayor had
secured a commitment to bring the Wizards and Mystics practice facility and a new arena to serve as home court for the mystics to Congress Heights, I
was excited. I saw this investment from the city as a commitment to bringing opportunity to our community and a catalyst to bringing new life to our
community by activating the long dormant St Elizabeths east campus. A campus, who's gates and inactivity create a void in the fabric of our
community. The city has invested hundreds of millions of dollars in projects across the city that have accomplished resulted in the creation of safe and
vibrant communities. These investments served as catalysts for the redevelopment of those communities, created jobs and opportunities for small
businesses and entrepreneurs and brought hope to those communities. You can imagine my surprise and disappointment when Council member Elissa
Silverman introduced a bill to put a ceiling or cap on

Corporate Governance Practices Of Small Businesses
Outline the corporate governance practices of small businesses in Australia? Compare and evaluate the role of owners and managers.
Business is an economic activity, which is associated with systematic production and allocation of goods and services that gives better satisfaction for
human being. Generally, business play the major role to develop the social and economic condition of Australia. There are different types of business
such as Small business, Franchise, Online business, Family business, Independent contractor, Importer and Exporter which may depend on personal
circumstances, interests, finances and business objectives. Moreover, among these varieties a number of criteria are used to define the small business
for example total ... Show more content on Helpwriting.net ...
However, all companies have an obligation to keep their minimum seven year old financial records which must comply with tax regulation,
superannuation, health and safety and environment laws. It should ensure an effective relationship with shareholders (Heenetigala, K. Armstrong, A.
2011). So, ethical and responsible decision making is good key to promote the governance practices. For enhance, first key is, to establish code of
conduct (to maintain the company's confidence), second policy related with diversity (means disclose in each annual report the proportion of women
employees in the whole organization) (ASX, 2007, p.10).
There are several roles of the owner of small business in an organisation related to the corporate governance. First of all, the owner is involved in
finance performance to preparing annual forecast and who has access to at least one year's financial records. The owners always runs their budgets and
projections, especially about sales and income of the business, to handle financial conditions. In addition, budgets and annual forecasting by finance
department gives an overview of the financial performance conduct monthly and yearly. A small business owner usually wants to expertise their
products and services which are generally related with customer's internal and external

Wordpress And Small Businesses : A Match Made On Cyber...
Goal: WPampify blog about WordPress and small businesses
Total Word Count in This Document:
Title: WordPress and Small Businesses: A Match Made in Cyber Heaven
One would be hard–pressed these days to find a small business owner who does not have a foothold in cyberspace. A web presence is critical to attract
and keep clients, but some entrepreneurs can be flummoxed by what seems like an overwhelming amount of information and computer–eze required to
get a site up and running, or face the very costly option of paying someone to design a user–friendly site for them.
That's where WordPress comes in. According to Alignable's SMB Index, more than 2.74 million– upwards of 25 percent of – sites out there today are
powered by WordPress. CNN, The New York Times, People Magazine, HarvardBusiness Review, Mercedes–Benz, the Library of Congress, and
government sites in the U.S. and in Great Britain are among them.
A WordPress site brings any business owner the keys to the kingdom: A search
–engine friendly, well–designed, easy–to–build–and–use site, complete
with content categorization, tagging, thousands of site–enhancing plugins and extensions, and link and page management.
WordPress Makes the World Wide WebYour Easy–to–Open Oyster
WordPress and SEO Go Hand in Hand
Search engine "spiders" – the function that selects which sites you see first when conducting a web search – are in love with WordPress. It's what
some experts in the field call "search engine magnetism." WordPress

The Financial Strategies Of Women Owned Small Businesses
Premise: The Financial Strategies of Women–Owned Small Businesses in Florida
Problem Statement The accessibility of businesses through social media and the web have made many entrepreneurs able to reach consumers
throughout the world they would otherwise not be able to do business with. Women have often found themselves underperforming in the workforce and
as traditional small business owners in comparison to similarly employed or self–employed men (Huarng et al., 2012). However, there has been little
research investigating the extent to which these new social media, web, and digital marketing technologies and their strategies benefit women
entrepreneurs of already profitable small businesses in comparison to men who employ similar strategies. A descriptive quantitative study is needed to
investigate the use of social media, web, and digital marketing technologies in the businesses of successful women entrepreneurs in comparison to
similarly successful men entrepreneurs by studying the effects of their digital strategy by concentrating on their digital analytical data on similar
digital and social media platforms and measuring that data. This study plans to provide data that will help determine whether profitable small
businesses are effected by gender on the Web 2.0 and help close the gender gap.
Practice–Focused Question(s)
Q1: Examining the analytical data of men and women entrepreneurs with similarly profitable businesses who use the same social media channel

Summary: New Technology For Small Businesses At Wells Fargo
This article states that small businesses creates two out of three jobs according to the U.S. Small Business Administration. With new businesses
starting so many jobs it is important to maintain their success. New technology is helpful resource to help small businesses successes. Lisa Stevens,
executive vice president and head of small businesses at Wells Fargo, describes new technology for smallbusiness owners. Wells Fargo offers
technolgey on their website to take the step to get a loan. This resources are free to everyone even without being a Wells Fargo costumer. The first
step is going to Wells Fargo's website, and click on the works link. Once inside this link thesmall business owner can start with making a business plan.
According

Why Are Small Businesses Important To The US Economy
Charli, because the percentage of representation of business in the US is represented by small businesses in America is so high, small businesses are
detrimental to the success of the US economy. Small business contributes to the local economies and brings growth to communities. Small businesses
also provide a substantial number of jobs for people within communities. Small businesses such as computer shops, barber salons, some restaurants and
service stations are small businesses within the community that provide jobs to people within its community. Just because an organization starts out as
a small organization, it does not mean that an organization will always be a small organization.
Small businesses are independently owned, for profit businesses which employees no more than 500 employees and are not dominant in its
competitive area. Small Businesses are critical for the US economy because more than 99 percent of businesses in the US fall under the small business
category (Farrell, Hirt & Farrell, 2009). This is clearly why small businesses are important for the US economy because of its percentage make up for
the business industry. Small businesses also create opportunities for minorities and give women the opportunity to successful in the business world.
Small business owners are not guaranteed ... Show more content on Helpwriting.net ...
The small business is owned by Melanie Suria, a local in the Memphis area. Memphis Computer Support services are provided by appointments only.
In–home computer repairs are available. If you are located out of the Memphis area her services are still available. When needed on the go when
traveling, Team Viewer Unattended Access is how Memphis Computer Support can provide services to her customer base (Memphis Computer, n.d.).
Melanie goes above and beyond to support her customers. In my opinion, superb customer service can make or break any

Small Businesses Are The Heart Of The United State Economy
Small businesses are the heart of the United State economy. There are 28 million small businesses in America and count for more than 54% of sales
(Small business trends, n.d.). Many of those businesses are started by entrepreneurs who are willing to take risks and develop their visions and dreams
of owning a business in today's competitive market. That was the case when Victoria Carolina Pocasangre opened Pocasangre Olivia Dental, a small
dental practice in the heart of Clovis, California five years ago.
A long held common belief has been that small businesses fail within the first year of opening and most close down within five years. According to
Small Business Administration (SBA), about 50% of all small business survive at least five ... Show more content on Helpwriting.net ...
Based on the QSPM, improvements will be given to improve the office.
History and Background
Dr. Victoria Carolina Pocasangre is a first generation immigrant from El Salvador, who came to America with the dream achieving success and
prosperity through hard work and determination. Part of that dream came true the day she opened, Pocasangre Olivia Dental in fall of 2010. Since the
opening of the office, Dr. Pocasangre has faced some the same challenges that many small business owners first starting out. The most challenging task
of any small business owner is trying to make their business profitable, while balancing all the responsibility of the business on their own.
In the past five years Pocasangre Olivia Dental has faced closure too many times to count. The reason the business has survived, was partially due to
Dr. Pocasangre, strong commitment and tireless dedication to make it work beyond all odds. Dr. Pocasangre, managed to hold the business together
solely on the quality of the dentistry and the staff's ability to work with alongside the chaos and unpredictability of the daily operations of the
business. As a single dentist practice over the past five years, Dr. Pocasangre has been the only full time

The Importance Of Small Businesses
{Websites for Businesses– A Must Read for Small Businesses|Why Small Businesses Need to have Websites|What Small Businesses Ought to Know
About Websites} {If your business does not have an online presence today, you are missing out on so much.|If up to now you have not yet
established your presence on the internet, you are losing great opportunities for your business.|If by now your business does not have a presence
online, it is losing potential business.} {Regardless of the size of the business or its age, an online presence is essential in the modern
economy.|Despite the size and age of a business, it is important for it to be established on the internet.|However small or young a business is, it is
essential that it establishes its online presence in today's marketplace.} {The internet is like a shopping mall with over a million stalls and you must
open your shop in this mall to expose your business to the world.|The internet can be compared to a shopping mall that contains over a million stalls
and each business must seek to get their space.|The Internet is comparable to a shopping mall that holds over a million stalls and all business must
claim theirs.} {This is the case because people nowadays prefer to window shop on the Internet before engaging a company for its products or
services.|This is so because today, people like to go through products and services on the Internet before consulting their companies.|This is so because
many people like to window shop on

Small Business Administration : Small Businesses
Introduction
Small Business
The Small Business Administration defines small business as a business with 500 employees or less. Small businesses are well known and
acknowledged worldwide as important contributors to economic development and job creation. They also play a big role in the general health and
welfare of economies, both nationally and internationally. The small business sector represents a statistically significant proportion of the world
economy. (William Gale and Samuel Brown 2013) The U.S. Small Business Administration (SBA) reported that small businesses represent 99.7
percent of all employer firms. Small businesses have paid 44 percent of the total United States private payroll, and generated 64 percent of new jobs
since ... Show more content on Helpwriting.net ...
They help in intensifying competition with the help of technology they master in increasing productivity and thus contributing in the development of
the country, followed by economic growth.(Dr. Sangya Shrivastava 2013) Entrepreneurship has been given much emphasis by organizations and
governments in recent years. It acts as a vehicle for small businesses. We can see the increasing level of economic development when more of the
population gets involved in entrepreneurship which is basically self–employment. Entrepreneurship plays a critical role in the development of the
economy as this is the key contributor to innovativeness and product improvement. It is one of the important ingredients to the creation of new
employments and in the building of communities in ways of offering them jobs. By contributing to local charities, taking part in local business,
investing in projects in communities, and creating and participating in different networks in entrepreneurship, they build up robust communities which
contribute to the community development. Governments have struggled to develop policies which will enhance entrepreneurship by understanding the
critical difference existing between small business owners and entrepreneurship. At the same time, a misconception about entrepreneurs and where
entrepreneurs can be found can also help the local people to create the right picture of entrepreneurship and thus become aggressive and contribute to

Training And Development Small Businesses
Assignment 1: Training and Development Small Businesses 1
Assignment 1: Training and Development in Small Businesses
Darlissa S. Robinson Strayer University
BUS 407: Training and Development
Professor Kelly Thornton
January 30, 2016
Assignment 1: Training and Development Small Businesses 2
Introduction
As a Salon owner I have been asked to come to Creative Styles Salon which is located in Virginia Beach, Virginia to provide a consultation and
training and also to create a comprehensive training proposal for the Salon. As you can see a small business such as a hair stylist/salon can use social
media and digital marketing to increase brand awareness and grow a loyal following by creating, curating, and sharing content as well as engaging in
meaningful conversation with their audience which in turn can lead to future growth and sales. The power of networking has long been known by
business and now it is time to apply that same thinking in the digital space in order for small business to compete against larger outlet stores. When
used properly digital marketing and social media can be a great equalizer and while not free as time is needed to not only apply the methodology but
needed for learning and tools may need to be purchased the alternative is to do nothing in hopes that digital fades away but more than likely a brand
failing to use digital techniques will most likely disappear. A business needs to think of their digital

The Impact of E-Commerce on Small Businesses
Introduction:
E– Commerce is a phenomena that is emerging rapidly between businesses all over the world, and it has affected the businesses at all sizes in many
aspects.
This research is looking at the small businesses, and its importance in the market and economy, EC and its benefits and limitation, and what impact has
electronic commerce had on the businesses.
Small Business:
Definition: A smallbusiness may is a business with a small number of employees. The definition of "small business" often different by country and
industry, but is generally under one 100 employees in the United States, while under 50 employees in the European Union. These businesses are
normally privately owned corporations, partnerships, or sole ... Show more content on Helpwriting.net ...
Benefits for Businesses:
The fast expansion of E–commerce is the most important recent trend in small business starts ups, it has helped firms to expand and create new
businesses mush easier and faster than before as it has provided new ways of doing business.
International reach: it has helped businesses to reach domestic and international markets with minimum cost to find the best and most efficient
suppliers, expand the business, attract more customers, and collaborate and find the best suitable partners for the business.
Reduce expenses: This is also the main advantage of website designing as once the web site is design for you it greatly reduces the cost of hiring an
offline organization for marketing. Website design also promotes your business without customary charges, such as electricity bills, in–house expenses
associated to offline marketing. When you decide to use web site designing all work is being done for you. You don't have to go to any specific
location to promote your business as the design website is accessible all over the world.
Interaction with customers: EC helps to improve the relations with customers, as personalized communication in buying the products, and doing
services will attract consumers.

Up to date stock: all products on the web site will be up to date in term of quality, price, and type.
No Government permits: when a company launches a web site, it doesn't need to register and pay license fees fore the web site.
Long hours: the

Common Reasons For The Failure Of New Small Businesses
According to the textbook, there are 12 common reasons for the failure of new small businesses. This is not an inclusive nor industry specific listing.
Leadership Issues
1.Managerial incompetence
2.Lack of strategic planning
3.Lack of relevant experience
4.Inability to make the transition from corporate employee to entrepreneur
Marketing and Sales Issues
1.Ineffective marketing
2.Uncontrolled growth
3.Overreliance on a single customer
Financial Issues
1.Inadequate financing
2.Poor cash management
3.Too much overhead
Systems and Facilities Issues
1.Poor location
2.Poor inventory control
(Bovee & Thill, 2011)
It is essential for any future entrepreneur to strategically plan the opening of a business. When setting the foundation for a company, it is imperative
that one considers the following: What is your offering and market demand? (Write a business plan) What will be your pricing? Estimate how long it
will take to make your first sale. Determine what your differentiators are. How will you market? Brush up your sales skills. How to execute the steps
needed to take project to completion. Financing options? Business location? What business structure are you going to adopt? How to obtain a tax ID,
registering with tax authorities, applying for permits and licenses, and hiring of employees/training.
It is equally important to ensure that you do not fall into a "motivational collapse" while pursuing your dream of successful business ownership.
Additionally, it is

Stop Burdening Small Businesses
Stop Burdening Small Businesses
As the foundation of the U.S. economy, small businesses employ 50 percent of the U.S. population. In 2010 the U.S. Census reported 27.9 million
small businesses categorized by size (20–499 employees). Accounting for 64 percent of the net new jobs created between 1993 and 2011 and since the
recent recession, from mid–2009 to 2011, small firms accounted for 67 percent of the net new jobs ("Employment Statistics | SBA.gov," 2014).
Unfortunately, rising costs and inefficient economic policy threaten the basic building block of our economy. This ordinance further compounds the
economy's sluggish recovery. Repelling this ordinance is the first step towards removing unnecessary financial burdens.
Rising Costs
The cost of operating a small business is at an all time high. Squeezed from every angle the biggest contributor of jobs and wages is forced to contain
hiring, offer lower wages, and reduce benefits. At the core, increases in oil, commodities, and utilities force small businesses to absorb cost while
simultaneously passing marginal price increases to consumers. Although marginal, the price increases hurt the consumer and producer. Producers fail
to adequately cover cost and consumers still cannot afford the product or service. This ebb and flow contributes to a sluggish, stagnant economy
attempting to recover.
Rising Core Costs and Impact
Oil: Riding on the tails of the Arab Spring the price of oil remains high. The Middle East's eternal

Small Businesses In The 1800s
Starting in 1776, the United States was born a nation, which was run only by small businesses. Small businesses were made up of one to about fifty
people and production was slow due to a lack of technology and capital. All small businesses were done by hand labor, which could take weeks to
produce a product for the consumers. Many small businesses only had one specialty that they were focusing on producing because of such slow
production and not enough money to produce several different products. Most small businesses were low supply with a high demand that raised prices
high so only higher–class people could afford their goods. This created a demand for bigger business expansions so that more products could be
produced faster and cheaper. ... Show more content on Helpwriting.net ...
After the civil war in the mid 1800's demand for products increased and the only way to fill the high demands were to create big businesses, which
created more jobs and allowing companies to produce more products at a lower price. Businesses grew because of high demand so companies were
able to get better technology to put out goods faster and they had the capital to do so because of consumers were willing paying for what they want.
The U.S. started out by running on small businesses but later grew on big businesses with higher supply to fill all consumers high demands making
profits like never before. In the early 1800's small businesses were a big part of the United States history. Businesses were small because they served a
small market of people, with many small businesses owed by several different companies producing products in many areas. All small businesses were
run by hand labor with the lack of technology and no machines at the time. There were several major types of small businesses throughout the 1800's
including; farming, blacksmith, railroad, and

New Research : Small Businesses Strife At Show Facebook...
New Research: Small Businesses Strife to Show Facebook ROI
Are you also using the social media giant "Facebook" for getting customers and potential leads for your small business? Or Are you facing problem in
measuring the return on investment of your social media marketing efforts?
Instead of lack of strong proof of sales, small businesses are certainly devoting their valued time and hard–earned dollars to Facebook marketing.
In this post, you will come across certain finding which was found in the recent studies and surveys which were completely focused on Facebook
marketing.
#1: Many Start–Ups and Small Businesses Can 't See a Good ROI From Their Social Media Marketing Efforts
During April 2015, a survey was done on around 540 small business owners to know about their insights on the social media marketing (ROI).
Approx. 59% of them stated that they haven 't seen ROI from their social media efforts. And the remaining 41% agreed that they have seen returns on
their social media activities, however, 17 percent of them had received less than $100, and 57 percent had gained lesser than $1,000 for their budget
and efforts. Around 1/3rd of that 41 percent said that out–earning their social media marketing expend by more than $2,000.
In the other survey of 3,720 marketers, only 45% of them reported that their Facebook marketing is effective in reaping ROI. The survey also revealed
that only 33 percent of the self–employed stated that their Facebook marketing efforts are

Sprawl and Small Businesses Essay
Sprawl and Small Businesses
During the past 15 years, I have seen my once–rural hometown of Washington Township transform into a maze of single
–family housing developments
and strip malls. This type of growth has not been gentle on the local economy, especially small businesses. Stores such as the mom and pop hardware
store, a local mainstay for many decades, have been forced out of business by the construction of two Home Depots and a Lowe's within a two–mile
radius of the town's main street. This negative aspect of sprawl has been a trend that has repeated itself nationwide in recent years.
Mega chain stores, or big boxes, are a phenomenon that has spread all over the country, and has exploded in ... Show more content on Helpwriting.net ...
They thrive on duplicating these qualities in every store regardless of location or demographics of the area. This conditions consumers to shop at their
stores because they know what they are going to get and feel comfortable going there. For example, when a family who shopped at the Home Depot in
New York moves to Washington Township, they are probably going to shop at the Home Depot there, rather than the local hardware store.
The conditioning, or "brainwashing" as some view it, of customers is evident in the effect on the economy of Mercer County. The proprietor of the
former hardware store in Washington Township also owns several other stores in the neighboring towns of Hamilton and Trenton. These surrounding
communities have been developed long ago and haven't seen the recent inflow of new housing and people that Washington has. Many of the people in
those towns are working class and have roots in their respective communities. These people continue to support the smaller hardware stores, and
business has not been affected after Home Depot and Lowe's moved in.
However, the store located in Washington Township was devastated by the construction of the mega stores. After speaking to the owner of the store, it
seems as if the store's demise was due to the "brainwashing" of the younger generations. Many of the residents that have moved into Washington
Township during the past 10 years are young, upper–middle class

A Brief Note On The Local Small Businesses
Have you ever considered counting how many local small businesses are there in your community? Do you think that business would do way better if
it could reach out further through a website? Fact is there are 27 million small businesses on this earth, which means there are several products and
services offered, what if these small business had the potential to upscale but the local market wasn't great enough? Some of the best ran small
businesses have websites that has given the business a great deal of benefits. Some of the benefits that help small businesses are that they help gain
credibility, save money, accessibility, wider range for target market,customer service and, convenience. I would like to start with one of the most
influential effects a website has on a business which is convenience. Convenience is a very influential factor, usually if a customer can easily find
your site you would see an increase in traffic on your site. Also, If your website is more convenient than your competitors that will give you a huge
advantage over them, while spreading the name of your brand across the country rapidly. Another beneficial aspect of having a website is it helps
your business save more money. A website can help a business with money from different angles. People automatically think that having a website
could be costly, well not necessarily it depends on how you utilize the tools given. Websites will be there all the time and is free to access, versus
having a

Tax Reform For Small Businesses
Executive Summary
Tax reform is the crucial component in Government's policy agenda so as to frame more employment, production, and opportunities. It is mostly
initiated for the improvement of levy policy in order to implement social as well as the economic benefits. This policy paper explores and suggest tax
reforms for small businesses in Australia and also analyzes the various consequences of its impacts in terms of unemployment, poverty, inequality, and
on the overall economy. Since much of the emphasis is on taxation and incentives at the same time, this paper also discusses options for providing
loans to startups and small scale industries.
This policy paper suggests that how Australian Government can transform its legislative system and design its tax for small companies and businesses
in such a way to overcome the threats brought forward by the 21st century in order to sustain and promote its social as well as the economic progress.
This paper further puts light on the fact that how taxes in regards to small businesses should be lower and whatever taxes are imposed must be paid–up
on time. The tax policy should be designed in such a way that it fosters entrepreneurship rather than compensating intrusive tax outlining. Wherever
feasible some recommendation has been put forward to streamline the tax plans on small businesses in order to fit taxation system from the frame of
Business workouts in this modern era.
Introduction/Background
It was experienced that

Securing The Wifi Is A Big Challenge For Small Businesses...
Securing the WiFi is a Big Challenge for Small Businesses
Businesses that don't adopt cutting–edge technology get easily vanished from the market and those choose unsecured one fell prey to attackers. For
small businesses, digital transformation is the need of the time, but they should be equally serious about the internet security, especially about the WiFi
connectivity. Because the wizard turns into a woeful agent whenever an organisation left its WiFi unchecked. According to the recent global study by
iPass, about 20 percent companies in the world are determined to stop using public WiFi in the near future. On the other hand more than 60 percent
organisations worldwide are planning to stop employees' mobile phone accessibility to the WiFi of companies due to the security concerns. A
whopping majority of 94 percent believes that WiFi hotspot is a significant security threat to the businesses.
The Pitfalls of Hi–Fi Technology
Launching a tirade of attacks is the common habit of web hackers. Getting a hold of your router may mean serious trouble. From monitoring your
network traffic to block users, they can even redirect all your traffic. A point may come when they gain even deeper access into your networks
leading to fatal losses. A brief research will tell us that a wide variety of routers have network vulnerabilities and a report made by Tripwire suggested
that 80% of the best selling office wireless routers in the USA have established security vulnerabilities. A large

The Current Information Security Landscape Of Small...
Small businesses form a critical part of the economy and play a key role in the creation of jobs and
improving the livelihoods of many individuals in the society. However, in the advancement of
technology and the use of information systems by these businesses, there has grown a threat to the
continued successful operations of these businesses due to the threat of cyber attacks. This paper will
focus on researching on the current information security landscape of small businesses, specifically in
cloud computing and social networking. The paper will also make a discussion of the potential
consequences of not implementing security practices, show the common threats that are associated
with small businesses and finally describe the strategies that will provide assurance in information
security for small businesses.
Current information security landscape of small businesses
Small businesses are currently faced by contradicting opportunities and challenges. On one hand,
there is the growth and advancement in cloud computing and social media marketing which present an
excellent opportunity for small enterprises to market themselves and deliver high quality services to
their customers. On the other hand, the growth in these sectors have presented very big challenges in

the form of the information systems security of those companies that use them and information
overload where small enterprises have very high volumes of information which they may not

Wal-Mart's Negative Impact On Small Businesses
There has been a 12% decrease in tax revenue in cities that don't have Wal–Marts (Wal–Mart). Cities are generating relatively low tax revenues and are
allowing the development of large companies in hopes of improving their local economy. Competition between smaller stores has driven the prices
of goods to rise. The arrival of large companies assures lower priced goods and a stimulus in local economies. As a result of the arrival of large
companies, small companies are failing. However, in their failings, new businesses have arisen and are diversifying communities with new businesses.
Many people believe large companies have a harmful impact on local economies because larger companies drive smaller inefficient businesses to go
out of business. ... Show more content on Helpwriting.net ...
Large corporations will often drive out many of the surrounding businesses or shops around it. As a result the remaining shops that survive the entry
of a big box store located further away can receive greater profit as they're less surrounding stores to compete with in the nearby area (Columbia). This
is contrary to the common belief of being destructive to all mom–and–pop shops. Instead it proves generate more profits for surviving mom–and–pop
shops that can now raise their prices up for shoppers nearby and enjoy less competitive pricing as there less shops close by to compete with.
Whatever the smaller business specializes in also would also increase in pricing and generate greater profit and may also be why the business is
surviving. Large corporations attract new businesses in a community. Large corporations provide a 48% increase in retail permits in areas with
Walmart's (Ordway and Kille). In addition, there is a direct correlation between the development of large corporations and an increase in tax revenue
(Ordway and Kille). According to a graph provided by the Hatamiya Group, Wal–Mart has managed to increase tax revenues by 28% in communities
that contain Wal–Mart. Cities often attempt to attract large corporations and favor them more as they prove to be of great benefit to their economy.
Demonstrating that not only do large corporations benefit mom–and–pop shops, but they also can benefit the consumer through increased economic
competition as well as improve the economy of an

Small Businesses Affected By Financial Crisis

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