• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Investigating business ideas

Extracts from this document...

Introduction

Take away Restaurant Clothes shop Hair salon Snooker area Gym Beautician Florist Hotel Corner shop Pharmacy Arcade Swimming arena Caf� Internet caf� Book Store News Agents The business I have chosen I have chosen the corner shop, but then when I earn enough money, I would turn the simple shop into a supermarket. The reason I chose this over the others is because the rest would need too much work and money going into the business at once. Whereas with this business I can start off small then build up gradually becoming more and more known and international. Here are a few reasons I didn't choose the others: * They need a lot of staff * Its too much money * For things like the arcade you need to pay for the electricity. ...read more.

Middle

* A business organization in which two or more persons agree to do business together. * A business owned by two or more individuals each of whom is legally responsible for the total liabilities of the business, unless the partnership is limited. * A legal relationship existing between two or more persons contractually associated as joint principals in a business * Two or more people, who are personally liable for all business debts and obligations, own a partnership. A general partnership can come into existence without the need to file any formal papers with any state official. Advantages of partnerships: * Partnerships are relatively easy to establish; however time should be invested in developing the partnership agreement. ...read more.

Conclusion

Estate agents- You need this because you need a place to rent and to stay and to hold your business. Banks- In case you need a loan Warehouse- To get stock and those things Accountants- You need accountants to calculate your losses and profits and to pay wages to staff. Insurance company- So you can get insured. Local council offices- They give you license if you need it. Citizen Advice Bordeaux-To give you advice to help your business succeed. In order to succeed I would need to carry out research of: * What the customers would like in the shop * How I would attract the customers to my shop * What would make the customers attracted to my shop * Zahra Mohamoud 9DK Mr. Carroll (Investigating business ideas) Handsworth Wood Girls School. 20115 ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level ICT in Business section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level ICT in Business essays

  1. For my business report I am investigating the Co-op erative society supermarket.

    whereas PLCs return profits to the holders of their capital. * Shares that members have in a Co-op erative are of fixed value and withdraw able. Shares are non-withdraw able in PLCs and their value fluctuates. * Co-op s are constituted under the Industrial and Provident Societies Act whereas PLCs are constituted under company law.

  2. Business Aims and Objectives.

    offers regularly to attract more people by using posters, local newspapers and also hand out door to door leaflets near the area. This can lead to a price war between the supermarkets as all the supermarkets are competing for customers.

  1. For my GCSE business studies I have to make a portfolio investigating two contrasting ...

    product would people want to buy in the next two to six months. Purchasing then tries to find out where to purchase it from at a competitive value. This means that buying a price, which can enable some profit, and also be lower price than its competitors.

  2. The business I am going to set up is a snooker club,

    The reason that I am using a questionnaire is that it allows me to gather very detailed information. However there are some limitations to my research methods, the major one being that it is very time consuming. I will survey 50 people from the local area.

  1. In this coursework I need to produce a detailed business report on one medium-sized ...

    Since decisions are quicker, they are easier to change in the light of unforeseen circumstances which may arise. * By allowing delegated authority, management at middle and junior levels are groomed to take-over higher positions. They are given the experience of decision making when carrying out delegated tasks.

  2. An I.T. System for Estate Agents

    This would be so much quicker on computer as the computer would automatically match up what you are looking for by using a query or a filter instead of having to look up all the individual records of the different houses.

  1. Sainsbury's Supermarket.

    the licence that the franchisee buys is usually restricted to a specific geographical area and for a limited period of time. This process of selling the rights to use a company's name, logo, etc. can result in the parent company experiencing rapid expansion in a country, with little of the

  2. Beatuy salon Buisness

    > The distribution of profits can cause problems. The deed of partnership sets out who should get what, but if one p1artner feels another is not doing enough, there can be dissatisfaction. > A partnership, like a sole trader, has unlimited liability.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work