The Sphere Of Small Business Financing - 916 Words

In the sphere of small business financing, two categories of individuals are pertinent in the overall scheme of financing, they are those that invest their monies, as well as, the individuals that lend monies (Hodgetts, 2007). These two modes of funding produce the same results, which is the provision of the necessary capital needed to begin the business adventure of the individual. However, funding can at times be difficult to procure as reiterated by Nicole Taylor (2015), in her article â€Å"14 Creative Financing Methods for Startups. She offered numerous ways to procure these funds, such traditional loans, renting one home to others, credit cards, equity, online lending institutions, family and friends, as well as others. However, the dilemma remains, which way offers the best choice for the individual. Prior to deciding on the financing mode one needs to consider two objectives, which are the amount of funds one requires the start-up and maintenance of the business until it is profitable. Secondly, one must consider the time frame of need for the funds. Consequently, these points of contention change with the magnitude of the venture, as well as, the nature of the business. With this in mind, I propose addressing this issue from the standpoint of procuring financing for a small eatery that provides breakfast and lunch menus. The forms of financing that I would seek would be traditional bank loans, credit card, or home equity financing, and lastly financing utilizing familyShow MoreRelatedEntrepreneur1348 Words   |  6 PagesEntrepreneur Interview Essay Considering any business, people imagine rich, prosperous, initiative and resourceful  entrepreneurs, who successfully started and developed their own company. Today’s  interview  deals with spa business. Chief Manager of an International A.B.C. Spa company will help us to understand the system of spa business and its profitability. A.B.C Spa cooperates with world leaders and professionals in this sphere. It efficiently provides qualified service for clients. Our interviewRead MoreBlock Booking System, Admission Price Discrimination, And The Formation Of Clearance And Zoning Boards1142 Words   |  5 Pages As Wall Street bankers took over defaulting motion picture companies, it was apparent that traditional business models would not help keep the companies financially viable. Not only were productions becoming grander, but companies were growing and vertically integrating to increase their influence in all spheres of film making. 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Use of special measures may enable us to identify important dimensions of entrepreneurship and then compare the level of entrepreneurial activity across areas in one dimension at a time. These include the self-employment rate which is the most highly available measure in most countries, the business ownership rate, the entry and exit rates, GEM andRead MoreRole Of Technology In Kazakhstan1212 Words   |  5 Pagesproblem of corruption at all levels of Government and its relations with business will also impact the implementation of Green economy initiatives. Funding of important Green projects might face the challenge of artificial bureaucracy and corruption at certain levels. The state money allocated for different projects might not reach fully the end beneficiary. Government authorities will have additional tools to control the business for their compliance with the new requirements of transitioning to GreenRead MoreAnalysis Of Sweden1846 Words   |  8 Pageshigh-income country . 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Learning institutions in America before public education Free Essays

In the early part of American history, education was not for everyone. The masses usually came from agricultural communities were planting and harvesting crops were more important than education. On the other side of the fence, were the wealthy families, the businessmen, the landed and the politicians who were able to enjoy the benefits of education. We will write a custom essay sample on Learning institutions in America before public education or any similar topic only for you Order Now The kind of education that the poor got was a few weeks of schooling during winter where teachers were not trained and school houses were decrepit and materials were lacking. The lessons were limited to basic skills to enable the children to write their names and count hens. The public education system that we presently have is a far cry from what has been in the past century. We owe the present form of education we have to Horace Mann, who campaigned for and worked to bring about social reforms and give each American the right to free education. Mann through his enthusiasm and devotion secured within his own state public support for schools. He encouraged businessmen to support building public schools since he believed that educating the masses would lead to greater economic progress. It goes to say that having a literate nation would spell more skilled and competent workers who would be the backbone of the factories at that time. More so, when the masses were given the right to vote, a growing awareness of the government’s obligations to its people came to light, the clamor for free education was strongest at this period. Mann faced a few difficulties in the form of opposition from prominent politicians and wealthy businessman and the clergy for education would be an equalizing factor between the rich and the poor and most especially because public schools would be competing with private and sectarian schools. Horace Mann also advocated public education for the masses as a means of bringing equality to the society. He argued that pubic schools made it possible for all citizens to exercise their right to free education without the encumbrances of religion or financial burdens. The individual could go to school without having to believe in something that is opposed to his cultural background and everyone could at least finish high school without the need to apply for loans or maintain a scholarship. The poor could concentrate on learning and in some ways to prepare for their future. Furthermore, Mann was able to integrate the schools in his state to a system that became the basis for the public education system in the country. He also advocated the establishment of normal schools to train teachers; he was against corporal punishment and instead focused and emphasized better teaching methods. Thus education gained the attention and funding that it never before had, and was established as one of the institutions of society. By the latter part of Mann’s life, the number of elementary and secondary schools had increased dramatically all over the country, but he did not stop there. He went on to work on changing higher educational system wherein the poor had the opportunity to be admitted to colleges until his death. Thus the door to educational advancement and success was opened to the masses. Â   Â   How to cite Learning institutions in America before public education, Essay examples

Humans Are Provided With Power Depending †Myassignmenthelp.Com

Question: Discuss About The Humans Are Provided With Power Depending? Answer: Introducation The common perceptions associated with home are comfort. After a hard days work, it is the home, which provides the much needed relaxation to the people. However, when the tourists go abroad for spending vacations and holidays, they miss the warmth and comfort of their homes. This is irrespective of the fact that the hotel personnel claim that the tourists would get a homely feeling in the rooms with all the luxury (Gibson 2016). In other words, no matter how the hotel rooms are luxurious, the comfort, security and privacy are missing. In spite of this, the basic purpose of shelter is covered by the rooms offered by the hotel personnel. Consciousness of the personnel towards providing the home like feeling and comfort relates with the true essence the term hospitality. Insight into influences about home People now are tech savvy and rely on internet for the fulfilment of their basic needs. This is applicable for the tasks, which they perform including hotel booking. As a matter of specification, the features which are considered for hotel booking are- rooms with basic amenities, cleanliness and ratings among others. With the aspect of ratings, influence can be associated. The experience of the relatives regarding the services of the hotel adversely influences the mindset of the hotel regarding hotel booking (Bowie et al. 2016). If the ratings are closer to five, the people book the hotel in which their relatives stayed. On the contrary, if the ratings are poor, conflicts generates, which compels them to switch hotels. Viewing it from the other perspective, this difference of opinion, also generates tough competition between the hotels, regarding the exposure of better hospitality, in terms of achieving large scale customer satisfaction. Sometimes, it is seen that the narration of the peers and relatives seems to be wrong in terms of the services provided by the hotel staffs. Therefore, self experience is of utmost importance regarding taking a stance, especially for getting homely comfort outside home. Aligning the concept of safety, at home the people know the location of the things. This knowledge and acquaintance fianancial less chances of getting hurt by accidentally confronting things (Andriotis and Agiomirgianakis 2014). On the contrary, in hotel rooms, the chances of getting hurt by things are more obvious, as the people are unfamiliar with the location of the things. This example reflects the predominance of safety, security and privacy of the home over hotel luxury in terms of accommodation. Vacation provides the people with the much needed relaxation from drab and monotonous lifestyle. Therefore, availability of long holidays make the people yearn for going abroad or places, which would provide a calm and serene ambience to relax for few days. Within this, meaningfulness and authenticity plays an important role. Advertising tourism packages at cheaper and reasonable rates relates with the aspect of meaningfulness within the search for better recreation (Mok, Sparks and Kadampully 2013). Staying committed to the promised services is one of the other grounds for this correlation. Including the means of social media helps the hospitality industry personnel to expand their customer stock at one go. Surveying the needs, demands and requirements of the customers and then introducing the schemes, offers and discounts is the organizational culture, which is aimed at ensuring the wellbeing of the customers. Conveying the correct information to the customers on the social media a nd official websites aligns with the aspect of authenticity, which reflects the transparency practiced by the hospitality industry personnel for achieving loyalty, trust and dependence from the customers (Lashley and Morrison 2013). Commercial hospitality The aspects in the above paragraph bring the term commercial hospitality into the discussion. The aspect commercialization contradicts the attributes of loyalty, trust and dependence. This contradiction can be related with the gaming mentality of the hospitality industry personnel in terms of the affordability, specific tastes and preferences of the customers. Moreover, this commercialization snatches away the comfort, security and privacy of the customers, equalizing their plight with that of a beggar, who pleads for a shelter. In view of these connotations, the aspects commercial and hospitality cannot be placed side by side (Xiang et al. 2015). Herein, the terms power and culture attains a negative parameter in terms of ensuring the wellbeing of the customers. Gaming mentality reflects the collaborative interplay of the personnel regarding the purchasing power of the customers. However, in the competitive ambience, there is one saviour, who understands the needs of the customers and makes desperate efforts to lure them towards the brand image. This understanding and caring nature enhances the corporate social responsibility of the tourism industry. Joint ventures with the stakeholders and shareholders helps the tourism industry personnel to launch lucrative offers, discounts and schemes for the customers, in terms of hotel accommodation (Manhas and Tukamushaba 2015). Partnerships are a means of financial aid and support for the industry personnel for upgrading their performance from the issues of price fluctuations, inflation and inadequate stock among others. This collaboration enables the personnel to complete the allocated tasks in an efficient and effective manner. Moreover, this collaboration removes the individual burden on the perso nnel regarding the projects at hand. Traditional accommodation relates to the services provided by the tourism industry personnel in the earlier times. This lacked the basic amenities like AC, fridge, TV among other. The hotels at that time served only the purpose of having a shelter to spend the night for the people. However, with the growth of population, there have been transformations in the needs, demands and requirements. One of the requirements is the uninterrupted internet connection for establishing connection with friends and relatives for sharing the experience (Kandampully, Zhang and Bilgihan 2015). Provision of Wi-Fi services within the hotel premises enables the tourists to take pictures and send it to their loved ones. This provision results in the conglomeration of the new within the old ambience of the hotels. Old can be made new through the means of innovation. The bed sheets can be made colourful instead of white. This would attract the tourists at the first chance. Along with this, the color of the w alls could be kept light. The tapestry of the rooms could project the cultural heritage. Balcony is a must, which allows the tourists to view the scenic beauty. This balcony would remind them of their home, where they spent their evenings watching hard days drab monotony ending (Torres and Kline 2013). Be it home or outside, comfort ceases the worries and tensions of the people. Countering this, home like comfort is missing in the hotel rooms. The hotel managers make attempts to present home like comfort in the rooms, however, they fail to provide the warmth, comfort, security and privacy, which the people can feel in their homes. Herein, the old and the new hotel accommodation services attain a negative tone. Viewing it from the other perspective, room gives a sense of confinement within the four walls. There is a strict discipline, which the people need to maintain. However, in the ambience of the hotel room, there is no discipline (Andriotis and Agiomirgianakis 2014). The people can move out of the hotel rooms according to their wish. Here, discipline only means exposing rational behaviour, as they are under the surveillance of the CCTV cameras. In cases of irrational behaviour, it is this shelter, which protects the people from the taunts and mocking of the society. Thinking sh elter as accommodation fades away the true essence of the aspect of protection. Rather, it generates the feeling of imposing wrong interpretation towards ensuring the protection of the customers. Power to provide proper accommodation Applying the aspect of power to accommodation reflects the need of exposing rational and mature behaviour towards the needs, demands and requirements of the customers. For example, coming to the rooms and enquiring about the services needed by the customers at one go, saves the time of the room service boys (Lynch 2017). This also allows the customers to fulfil their relaxation business without being interrupted. Providing the needed service blindly projects the exposure of irrational and immature behaviour. Here, authority and power attains a backseat in terms of the executing the roles and responsibilities rationally. Attempts to preserve the core values reflect the culture of the personnel in terms of ensuring the wellbeing of the customers. Rationality towards the proposed extension In view of this rationality, hospitality can be considered as a component of history, power and culture. Typical example in this direction is rational thinking in terms of bringing innovation within the services provided by the hospitality industry personnel. In case of providing accommodation, giving homely comfort makes commercial hospitality an extension to hospitality (Golubovskaya, Robinson and Solnet 2017). Delving deep into the aspect, hospitality relates to the courteous, kind and generous attitude. And commercial hospitality can be correlated with the attempts to offer homely comfort to the customers through the means of innovation with keeping the core values intact. Emerging successful in keeping these values intact enhances the organizational culture. Experimenting with the existing services brings radical transformation in the history of the tourism industry. Typical evidence of this fact lies in the advertisements and promotions, which took the industry to each and ever y corner of the world (Kirillova, Gilmetdinova and Lehto, 2014). Optimizing the fact, specific transformations are size of the rooms, type of beds, and inclusion of luxurious facilities among others, which made the stay of people in hotels a boring one. References Andriotis, K. and Agiomirgianakis, G., 2014. Market escape through exchange: Home swap as a form of non-commercial hospitality.Current Issues in Tourism,17(7), pp.576-591. Bowie, D., Buttle, F., Brookes, M. and Mariussen, A., 2016.Hospitality marketing. Taylor Francis. Gibson, S., 2016.Mobilizing hospitality: The ethics of social relations in a mobile world. Routledge. Golubovskaya, M., Robinson, R.N. and Solnet, D., 2017. The meaning of hospitality: do employees understand?.International Journal of Contemporary Hospitality Management,29(5). Kandampully, J., Zhang, T. and Bilgihan, A., 2015. Customer loyalty: a review and future directions with a special focus on the hospitality industry.International Journal of Contemporary Hospitality Management,27(3), pp.379-414. Kirillova, K., Gilmetdinova, A. and Lehto, X., 2014. Interpretation of hospitality across religions.International journal of hospitality management,43, pp.23-34. Lashley, C. and Morrison, A., 2013.In search of hospitality. Routledge. Lynch, P., 2017. Mundane welcome: Hospitality as life politics.Annals of Tourism Research,64, pp.174-184. Manhas, P.S. and Tukamushaba, E.K., 2015. Understanding service experience and its impact on brand image in hospitality sector.International Journal of Hospitality Management,45, pp.77-87. Mok, C., Sparks, B. and Kadampully, J., 2013.Service quality management in hospitality, tourism, and leisure. Routledge. Torres, E. and Kline, S., 2013. From customer satisfaction to customer delight: Creating a new standard of service for the hotel industry.International Journal of Contemporary Hospitality Management,25(5), pp.642-659. Xiang, Z., Schwartz, Z., Gerdes, J.H. and Uysal, M., 2015. What can big data and text analytics tell us about hotel guest experience and satisfaction?.International Journal of Hospitality Management,44, pp.120-130.