Question:

Small business owner survey ... HELP!!!?

by Guest60253  |  earlier

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I was supposed to interview a local business owner for a class assignment but the person didn't show up the appointment so I'm in a state of emergency so please help me.

1) Please state your business name and where you are located

2) Identify and describe the main operating activities and the form of organization for this business

- sole,partnership,corporation?

- how do the business organize their financial management?

- prior experience/education?

- vision of how a business should present itself?

- training/preparation?

- starting investment amount?

- employees management?

- revenue, expenses,etc?

2) Determine and explain why the owner(s) chose this particular form of organization

3) Identify any special advantages and/or disadvantages the owner(s) experiences in operating with this form of business organization.

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2 ANSWERS


  1. Jay's Realty  Mesa, Arizona

    Sole proprietorship.

    Track income and expenses weekly.

    B.A. plus 1 year graduate study

    Everyone who calls get expert answers.

    Constant training in addition to the required State classes.

    $100,000

    Only me.

    $30,000 income so far in 2008.  Expenses $12,000.

    I always wanted to own my own business. I finally did it at age 53.

    Working alone is fun because i don't have to deal with other people's worries and troubles. Bad because i don't have a close network to share info with.


  2. Source 1  below pp144-148 give you an example of a business. Most other HSC Business Studies text books will include at least one case study on a business in Australia.

    Source  2 also has some useful information.

    Get hold of a company's annual report. This sholud give you all the information you need and will most likely contain all the answers you need to your questions. Imagine you are interviewing the Managing Director, or Chairman of the Board of Directors of that company.

    As a last resort, why not create an imaginary business yourself, using your knowledge and your text book information. And information in a company's report which you can modify to suit your imaginary business.

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