smallbusiness - Developing Countries Small Business Manual...

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Developing Countries Small Business Manual 1 st EDITION Sam Vaknin, Ph.D. Editing and Design: Lidija Rangelovska Lidija Rangelovska A Narcissus Publications Imprint, Skopje 2003 First published by United Press International – UPI Not for Sale! Non-commercial edition.
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© 2002 Copyright Lidija Rangelovska. All rights reserved. This book, or any part thereof, may not be used or reproduced in any manner without written permission from: Lidija Rangelovska – write to: palma@unet.com.mk or to vaknin@link.com.mk Visit the Author Archive of Dr. Sam Vaknin in "Central Europe Review": http://www.ce-review.org/authorarchives/vaknin_archive/vaknin_main.html Visit Sam Vaknin's United Press International (UPI) Article Archive – Click HERE! ISBN: 9989-929-38-6 http://samvak.tripod.com/guide.html http://economics.cjb.net http://samvak.tripod.com/after.html Created by: LIDIJA RANGELOVSKA REPUBLIC MACEDONIA
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C O N T E N T S I. Small Business – Big Obstacles II. Making Your Workers Your Partners III. Going Bankrupt in the World IV. The Inferno of the Financial Director V. Decision Support Systems VI. Valuing Stocks VII. The Process of Due Diligence VIII. Financial Investor, Strategic Investor IX. Mortgage Backed Construction X. Bully at Work – Interview with Tim Field XI. Is My Money Safe? XII. Alice in Credit Card Land XIII. Workaholism, Leisure and Pleasure XIV. Revolt of the Poor – Intellectual Property Rights XV. The Author XVI. About "After the Rain" Download additional free e-books here: http://samvak.tripod.com/freebooks.html
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By: Dr. Sam Vaknin Everyone is talking about small businesses. In 1993, when it was allowed in Developing countries, more than 90,000 new firms were registered by individuals. Now, less than three years later, official figures show that only 40,000 of them still pay their dues and present annual financial statements. These firms are called "active" - but this is a misrepresentation. Only a very small fraction really does business and produces income. Why this reversal? Why were people so enthusiastic to register companies - and then became too desperate to operate them? Small business is more than a fashion or a buzzword. In the USA, only small businesses create new jobs. The big dinosaur firms (the "blue-chips") create negative employment - they fire people. This trend has a glitzy name: downsizing. In Israel many small businesses became world class exporters and big companies in world terms. The same goes, to a lesser extent, in Britain and in Germany. Virtually every Western country has a "Small Business Administration" (SBA). These agencies provide many valuable services to small businesses: They help them organize funding for all their needs: infrastructure, capital goods (machinery and equipment), land, working capital, licence and patent fees and charges, etc. The SBAs have access to government funds, to local venture
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This note was uploaded on 07/03/2010 for the course FINANCE dc taught by Professor Jdcvs during the Spring '10 term at Indian Institute Of Management, Indore.

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smallbusiness - Developing Countries Small Business Manual...

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