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Business Startups Essays

Is It Better for an Entrepreneur To Pursue a Franchise With a Proven Business Model or Try To Do Their Startup Idea?

Abstract Entrepreneurs may pursue a franchise with a proven model or try to do their startup idea. Franchisees are more successful than new businesses. Independent firms make changes and decisions as they go, while franchises follow a business strategy that has already proven successful. There are many unknowns when starting a business, but entrepreneurs have ... Read More
Pages: 13       Words: 3534

Super-Flexibility in Action – Startups

Background A startup is a company or organization in its early stages, typically characterized by high uncertainty and risk. The Covid-19 pandemic has significantly impacted the global economy, with businesses struggling to cope with the fallout (Gauthier, Morelix, Officer, 2020). The current downturn has been particularly tough on startups, which often lack larger businesses’ resources ... Read More
Pages: 7       Words: 1743
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Business and Finance

I am a firm believer in maintaining a professional demeanor in business. Business experts perform various tasks to raise a company’s sales and revenues, cash flow, and profitability (Ahlström, 2019). As a result of the high value placed on their skills and knowledge, these people are often in demand. They are paid well and have ... Read More
Pages: 6       Words: 1511

Impact of Micro Small Businesses to the Economy

A micro business refers to a small business that functions on a small scale. It often employs fewer than 10 employees and functions as sole proprietorships. The earnings of a micro business may be less than $250,000 annually. According to research, many owners of micro-businesses have reported having started their businesses with less than $ ... Read More
Pages: 5       Words: 1244
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