The field of business management seems to be the ultimate goal of many college bound seniors currently. In the beginning of this article, I had stated that the concept proposed by Levitt in 1975 is not only relevant today and will become increasingly more relevant in the future. We are all aware that fast changing technology is bringing about a discontinuous change, that is, change which has no connection to the past. As such, in the future where the competition business management will come from, one does not know. Emails made fax machines obsolete. Mobile phones are making landlines obsolete. You can watch movies on demand on your TV or mobile phone. Where technology will take us, we do not know. As such, I believe that it will become increasingly more and more important that you define your business in a broad manner based on the benefit that your products of services provide to the end consumer. Exactly, what Levitt suggested in 1975.
Micro entrepreneurs face many hurdles in getting startup financing, and they sometimes lack the skills necessary to manage the financial aspect of their business. As a result, many micro entrepreneurs cannot grow and develop their business beyond a micro enterprise. Various micro enterprise development programs have helped micro entrepreneurs achieve great success and growth. These micro enterprise development programs have immensely helped micro entrepreneurs who lack collateral needed to secure a loan or those who have low or no credit by providing them with training, support, help in developing a solid business plan, and assistance in building their businesses. Successful micro entrepreneurs have contributed much to society by creating wealth, economic assets, and jobs.
Acme Insurance provides home, automobile, and business insurance in Smalltown District. We take pride in knowing that for over 50 years we have helped our clients to find the best coverage at the right price that suits their needs and expectations. In the event of a claim, our clients know that we are there to provide help and counsel to ensure a fast, speedy claim settlement. We also provide insurance services to non-clients, such as lawyers and mortgagees, to ensure our mutual clients have proper coverage and binding notes in place for the purchase of homes, businesses, and automobiles. Some say that cleaning foreclosed houses for banks is the best business to start in a recession, I am not so sure, it raises questions of how is this type of business regulated, is the fair market price being obtained for the services given, could it lead to exploitation of labor workers who need a job due to unemployment in a bad economy? these are just some of the questions that I have been considering when looking into using the foreclosure cleaning business as a way to keep businesses going in a recession.
In 1946 Alden Smith and Compere Loveless saw the opportunity for a complete factory assembled pump stations in the water waste industry. In 1950, the business was such a hit with demands expanding throughout the US. To address, the increasing demand, Smith and Loveless partnered with Union Tank Car of Lincolnshire III as one of its conglomerates. The acquisition of the company proved to address the demand and to be able to continue research and development made Smith & loveless the forefront company in waste management (Smith & Loveless Inc, n.d.). If you keep tabs on successful insurance companies you will realize that they leverage on technology (internet and software applications et al) in running their business. Prior to opening the doors of Convenient Insurance for business the Bells had several tasks to accomplish – many of these Milestones will be addressed later in this business plan.
Entrepreneurs are widely believed to be the agents behind economic growth and innovation. They are, we are told, the movers and shakers who create new industries, unseat current leaders from their thrones, and open new frontiers for everyone. Popular culture tirelessly propagates one success story after another – from Facebook’s Mark Zuckerberg, who was glorified in “The Social Network” movie, to Tesla’s Elon Musk, an immigrant who became a household name, to Google’s Sergey Brin, whose internet search engine name has officially become a verb in English. The insurance industry is wide and global in nature; there are numerous aspects anyone interested in starting an insurance agency could choose to specialize in. For instance; in the United States of America and even in Canada , pet insurance is one aspect of insurance that is gradually opening up and it is interesting to state that it is a very promising market.