Her husband helped her with a bit of the amount required for capital but the she was forced to take loans from a few of her relatives, which she did not want to do at the beginning, so as to get the business on its feet.
Being a sole proprietor is difficult for her as all the decisions rest on her shoulders. There are jobs she has had to turn down due to personal and family responsibilities which she would have considered if she had a partner. Another disadvantage which she finds in running a sole proprietorship is that her medical insurance premiums are not directly deductible from business income. It can only be partially deducted so as to make adjustments to the income.
Felicia believes that it is important to sell what they actually market. That is why she only agrees to take jobs that she will be able to cater, that is, deliver what she promises to her clients. In this way, nobody feels shortchanged at any point. She also pays her friends for the hours they help her so as to ensure that she can count on them at another time.
Felicia's strategy for gaining and maintaining new business is to deliver on the promises she makes to her clients. She also makes sure that she is always on time and follows the agreed menu choices to the letter and consulting her clients should there be any necessary changes to be made. She believes that by making her clients happy, she will be able to attract new clients through word of mouth or by referring her to her friends. The key to running a successful business is perseverance because there are times, especially at the beginning when business is slow. It is at this time when an individual is bound to give up but by holding on through the hard times, they are able to learn from their personal mistakes and correct them, thereby making them better business persons.
Felicia thinks that she would prefer to be in a partnership with someone who can...
Community Treasure Hunt: Pleasant Grove, Texas In Pleasant Gove news coverage has stopped depicting violent crimes in its articles because it's old news. People die here every day, it's nothin'. Pleasant Grove, Texas resident c. 2015 I was born and raised here and have traveled the world, but I could never imagine any place lovelier to call home. Norma Davis, Chair, Pleasant Grove Historical Society, 2015 Introduction, Demographic Information, and Community Immersion (suggested length: 3
parameters, there are five general traits of attracting venture capitalists that should be assessed and analyzed. In no particular order, they are scrutinizing your business with a critical eye, beefing up of management, keeping up a high profile, targeting of the search, keeping a lookout and the investigation of possible venture partners. The author of this report has been asked to determine and explain which step is the "most
Motivation Employee Motivation Managers and business owners know the importance of employee motivation to the success of their business. To that extent, they seek to understand it better for mutual success. Gateth R. Jones and Jennifer M. George, in their book entitled "Contemporary Management," define employee motivation as a combination of "psychological forces, which determine the direction" of an employee's behavior in an organization (Consador 2013)." They also describe it as an
Interview entrepreneur owns operates a business conduct a critical analysis company. Include elements report: Housing Rehabilitation Property Management type nature business (products/services offered) scope business (local nature, national, international scope) person decided business, proceeded business's form (business operated a sole proprietorship, a partnership, a corporation -- individual form a corporation -- a franchise, Interview: Housing rehabilitation and property management X is an entrepreneur, the owner of a construction company that currently engages
Business Model Canvas Combative Fighting Systems Martial arts school that teaches Jeet Kune Do concepts / Kali / Brazilian Jiu-Jitsu Opened July 1995 Westminster Ave, Westminster, Ca. 90630 (714) [HIDDEN] Martial art instruction for children through adults. Mixed Martial Arts (MMA) training, coaching. Physical fitness Business owner/operator More info online Google Ken Gabrielson Brazillian Jiu-Jitsu. "Dirty Dozen," Gracie Jiu-jitsu Black Belts. Combative Fighting Systems. Fighters trained: John "Machine" Lober Todd Medina El Tiburon Infrastructure Key Activities: Provide mixed martial arts training and coaching, including:
Business Failures Reasons for Failure Business failures have become a properly investigated field of study in the past few years as a struggling economy and an overall difficult business environment have combined to discourage potential entrepreneurs from entering the market place and to cause many existing business owners / entrepreneurs from continuing their endeavors. This interest in business failures is precipitated by the fact that the number and nature of business failures
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