When you select a theme for
Develop a personal investment plan
Research on specific investments such as stocks, bonds, CDs, annual contributions, mutual funds, real estate, or even savings accounts. Determine security, potential return, and liquidity. First, let' s think about your values to decide what your financial tasks will be. An important early step is to establish a realistic goal. Then you must determine the means you have, as well as the means that you will need to protect. What options do you have to help you raise money for your investment (such as a pension plan)? Then you should assess the possible risks and return, including sales or purchase taxes. How could you diversify your investments? Your research should include a variety of sources, including government publications, periodicals and the Internet
Analyze the advantages and disadvantages of partnership compared to other types of business owners, such as a sole proprietor
Behold your research area to include a common partnership, limited partnership or limited partnership. What are the benefits of partnerships relative to single ownership (e.g., a larger set of skills, a knowledge base, a few sources of capital, etc.)? You should also discuss shortcomings, such as the sharing of profits and the potential for disagreements, as well as general shortcomings, such as the lack of unlimited liability and dependence on a relatively small part of the responsibility for the existence of the enterprise. Partnerships are more complex in terms of segregation of duties and may lead to conflicts of interest. Some benefits, such as tax breaks, should also be considered
Examine the financial plan for a specific type of business
Once you have a vision and purpose for a particular theoretical product or service, it is important to determine whether the goal is achievable from a financial point of view or not. Consider seed capital, including inventory, equipment, consumables and start-up costs, such as legal and bank charges, permits and licences, insurance, marketing, etc. What happens if your income is not high enough to support your operating cost in the early stages of the start? Will your reserve capital be able to compensate for such scenarios and how will you protect these reserves? Your research should examine the current environment of your product or service, stick to your goal, define and quantify the resources needed (including their cost), evaluate the budget for at least 12 months, and try to identify potential risks. What can be done according to the three-year balance for your business?
A detailed description of the actions that can be taken if you are not satisfied with the business-related purchase. Discuss the different security options available to consumers
The first course should include direct contact with the company. If the issue could not be resolved in such a way, it might be possible to help the permit or the consumer protection agency. If you are still not satisfied with the results, you may need to take legal action. What are some of the available legal options? The small claims court is an alternative to civil cases in which the dispute does not exceed a certain monetary limit. What are the advantages of small claims courts and what are their size? If you have divided your argument with a group of people, the lawsuit is another means of settling disputes, especially if the amount you are arguing is trivial on a case-by-case basis, but on a larger scale. What lawyers are involved in consumer affairs, and are there any legal aid societies in place? Consider the benefits of having a product or service provider benefit from customer differences
To present the case for the establishment of franchising and to discuss the relationship of franchise and franchising
Using a different business model, product, or practice is another type or business owner that comes with its own set of comments. For franchise, how does franchising have an advantage over the "store-store store"? The franchise must pay royalties and fees for training in exchange for franchise business. Also, consider that even a medium-size franchise requires significant initial costs. Why is the franchise considered an "asset's expense" in terms of business capability? What is the time frame for the franchise and will they be worth the investment? Observe the obligations and interests of each party, such as the protection of trademarks, the protection of business concept, and standardization.
Order that ecommerce has a positive (or negative) impact on a particular type of business
Electronic commerce, such as virtual shops and online catalomals, not only allows consumers to make purchases from home, but also provides additional advantages, such as the possibility of exploring similar products, getting feedback from other clients, comparing prices, etc. On the other hand, some smaller enterprises, such as travel agencies, cannot compete with a large online presence of large firms. Compare some of the trends in a particular market, given its success both before and after the main introduction of e-commerce. In addition, the impact of other e-commerce related technologies, such as electronic transfer of funds and data collection systems, should be taken into account, and the integrity of such activities should be discussed. Does the Government have any role in regulating electronic commerce, for example, in the monitoring of online pharmacies?