Small Business Advise and Discussion Essay Example | Topics and Well Written Essays - 500 words

Small Business Advise and Discussion - Essay Example These ground works includes the following: 1. Proper Market Study: Analyzing the attractiveness of the industry, demand and supply analysis, customer, competitor analysis, SWOT analysis of the company, capital budgeting and financial planning for the business will help the business owner to understand all the small and big issues involved in the particular business. The target market should be identified and segmented. The small business owners face problems in raising the capital due to various reasons. These reasons can be risk, credibility of the business owner, market value of the projects, expected growth of the project or the business, customer base, business know-how of the owners, qualifications, experience and backup to support any kind of financial crisis. There are various alternative sources of finance available for the small investors. These are Boot Strap, Angel, Initial Public offering and private placement.1 In the Boot Strap funding the funds are raised with family, friends and others. In the case of Angel the investment is done by wealthy individuals. Private placements are done through banks and various other investments companies. Companies also access to the market through IPO to raise the capital. Boot Strap is a funding option available for all kind of business. Most of the companies start up with the investments like this. These kind of investments which are done with the h elp of various close circle members like family, friends, colleagues and sometimes good customers help small business owners for their initial stages of developments. Small business owners can effectively utilize these investments. The results produced like profitability, increased market value, customer base and demand of the products can attract investors for the further investments. These can be new investors, banks and other potential investors. This can help the small business owners to raise the funds in the expansion and growth phases of the

Determine whether compensation and overtime applies to exempt and Essay - 1

Determine whether compensation and overtime applies to exempt and non-exempt security personnel in your state - Essay Example in our numbers lately and we need to play catch up.† â€Å"Will we be receiving overtime?† Bob the employee inquires, though he already knows the response. â€Å"Good one, that’s why we moved you to salary remember?† Joe chuckles as he walks back to his office. Fairness, in workers time and effort, versus pay has long been a minefield for dispute in the workplace. Typically speaking the worker tends to feel overworked and underpaid, and the owner tends to feel the employee is underworked and overpaid. Over the years lawsuits on compensation and overtime have arisen many times, and the decisions made by the Supreme Court in interpreting the constitution have greatly impacted the way these two are handled. So in order to investigate these laws and how they are applied in greater detail we are going to take one group of employees, security personnel, and see how overtime and compensation are regulated for them in the state of Texas. We will do this by defining overtime, by looking at what FLSA and the states say, by determining who is considered exempt and non-exempt employees, and by looking at how the United States Supreme Court case of Garcia v. City of San Antonio applies. The exact definition of overtime is any work done in addition to regular working hours (Lovett, 2011). However this leads to the question what are regular working hours? Regular working hours can be determined in several ways. The first way is by custom. This means the amount of hours that is considered healthy or reasonable by society. In the United States the custom for regular working hours is forty hours a week. The second way regular working hours can be defined is by the practices of a given trade or profession. A regular working week for an air traffic controller, for example, is anywhere between fifty – seventy hours. The third way regular working hours can be determined is by legislation. This occurs through bills being passed through congress to regulate the work environment and