Sorry I haven't talked in a while. I have been working like crazy. I am all caught up and I am doing well now. Now I am poasting my "Did You Knows" or interesting facts about small business.
Notes
· Did you know that it takes an average of two years for starting small businesses to come out of debt?
· Did you know that small businesses make up 99.7 percent of businesses in the U.S.?
· Did you know that Small businesses employ 57.4 million Americans?
· Did you know over 50 percent of people who start small businesses collapse within the first year?
· Did you know that there are millions of people that try to start a small business each year?
· Did you know that all business owners, usually, have to know at least basic accounting?
· Did you know
· Did you know
· Did you know
Sources
Vicky Thompson
Entrepreneur.com
Entrepreneur.com
James Burton
James Burton
Business TM
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Collage
- Taxes- money taken out by the government that you are forced to pay. (N)
- Stocks & Investing- a supply of goods kept on hand for sale to customers by a merchant, distributor, manufacturer, etc.; inventory. (N)
- Statistics-the science that deals with the collection, classification, analysis, and interpretation of numerical facts or data, and that, by use of mathematical theories of probability, imposes order and regularity on aggregates of more or less disparate elements. (N)
- Small Business- an independently owned and operated business that is not dominant in its field of operation and conforms to standards set by the Small Business Administration or by state law regarding number of employees and yearly income. (N)
- Retirement -removal or withdrawal from service, office, or business. (N)
- Real Estate-property. (N)
- Law- rule needed to be followed and if broken there will be consequences. (N)
- International Trade- to trade internationally or to trade to different countries.
- Insurance- the act, system, or business of insuring property, life, one's person, etc., against loss or harm arising in specified contingencies, as fire, accident, death, disablement, or the like, in consideration of a payment proportionate to the risk involved. (N)
- Human Resources- people, esp. the personnel employed by a given company, institution, or the like. (N)
- Finance: Management- To manage yours, or somebody else’s money.
- Estate Planning- The overall planning of a person's wealth, including the preparation of a will and the planning of taxes after the individual's death.
- Economics- the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind. (N)
- Currency- something that is used as a medium of exchange; money. (N)
- Commodities- an article of trade or commerce, esp. a product as distinguished from a service. (N)
- Bonds- A binding agreement; a covenant. (N)
- Bankruptcy/Debt- a person who upon his or her own petition or that of his or her creditors is adjudged insolvent by a court and whose property is administered for and divided among his or her creditors under a bankruptcy law. (N)
- Advertising-the act or practice of calling public attention to one's product, service, need, etc. (N)
- Accounting- the theory and system of setting up, maintaining, and auditing the books of a firm; art of analyzing the financial position and operating results of a business house from a study of its sales, purchases, overhead, etc. (N)
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