The cries of business re-engineering, cut backs and rationalisation are not unusual in the times of crisis. Our insurance brokering form is going to start as a private Limited Liability Company but with a plan in the nearest future to transform in a public limited liability company so as to enable us get listed in the New York Stock Exchange. In essence, the business will be financed by Dr. Wilcox Carrington, Mrs. Ruth Ferguson and other members of the partnership. Michelacci and Schivardi 156 are a pair of researchers who believe that identifying and comparing the relationships between an entrepreneur’s earnings and education level would determine the rate and level of success. Their study focused on two education levels, college degree and post-graduate degree. While Michelacci and Schivardi do not specifically determine characteristics or traits for successful entrepreneurs, they do believe that there is a direct relationship between education and success, noting that having a college knowledge does contribute to advancement in the workforce.
business management is all about attitude. Entrepreneurs are faced with liquidity constraints and often lack the necessary credit needed to borrow large amounts of money to finance their venture. 164 Because of this, many studies have been done on the effects of taxes on entrepreneurs. The studies fall into two camps: the first camp finds that taxes help and the second argues that taxes hurt entrepreneurship. At graduate level, the MBA, aimed at those who have already gained significant professional experience in a business and management role, remains a very popular option, and one that continues to promise high returns in terms of career progression. However, many other master’s degrees in business and management subjects are also growing in popularity, typically requiring a lower up-front investment and little to no professional experience, as well as the chance to gain a more specialized qualification.