{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Final Research Paper

Final Research Paper - Business Research Paper Business...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
Business Research Paper 1 Business Research Paper Jerald Brooks ENG 122: English Composition Christine Hilger 1/24/2009
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Business Research Paper 2 Having a small business can in fact have its advantages as for the Small Business Administration; “A small business will have the need to apply administrative techniques to make the small business better. A small business has different needs than a large business and therefore will need to have administrative techniques for a small business. Here is a list of the top seven small business administrative techniques. As the administrator of a small business you will be responsible for every aspect of administrating, either directly or indirectly. Keep some cash flow in the business. To do this the small business administrator needs to overestimate the expenses and underestimate the income for the business. Don't stifle the cash flow of the small business. Keep some extra cash for unexpected expenses. Make a budget and use the money set aside for each different need. Look at the budget regularly and revise it if necessary. A major administrative technique is to keep the inventory moving. When a small business has inventory, it may be tempting to stock up and be prepared. But the truth is, inventory that is kept beyond a quarter of business operation is money being wasted. When purchasing inventory purchase what will realistically be moved according to the small businesses sales. Never stop marketing. Marketing is the way potential customers will see the small business and if this is stopped, business is stopped. Set aside some funds each month for marketing. Marketing can be done in so many ways to include the Internet, newspapers and flyers. The marketing can be done by way of ads, press releases, or catchy phrases. A small business administrator can easily get help in this area and hire someone to market the products or services provided.
Background image of page 2
Business Research Paper 3 When marketing, know where it is efficient. As a small business administrating technique marketing is not effective if it's not done in the right places or the right way. Know your targeted customers and market to them. Market where and how it can be notice so it's not a waste of your administrative time and money. More is not always better. Keep the books and finances up to date. This includes the bills and
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

Page1 / 7

Final Research Paper - Business Research Paper Business...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon bookmark
Ask a homework question - tutors are online