How Business Is Organized
Sharecka Ivery 2/11/2013
Intro to Business 1013
How Businesses Are Organized There are several ways that a business can be organized to define its structure. The main types of businesses are sole proprietorship, corporations, partnerships and limited- liability companies. How a business is organized explains how its taxes are paid, and accounts for profit and how it manages the liability by its owners. In the bylaws state that every organization has its own purpose and what it does. It has its name and contact information for those who own the business and what their entitlement role is. I will also discuss how businesses operate within the economic system and how they trade with each other and with other countries.
How to start your business you need to write down your business goals so you can accomplish those goals for future purposes. Always make a reminder to yourself that you are going to achieve your goals, like having a planner, software or even right yourself a note. Customers will know if your are happy with yourself and your co-workers by the progress of your business. It also improves efficiency and that shows your customers that you and your team are well- organized. There are some things that need to be planned daily, weekly, monthly and yearly. Make a list of these items and schedule them accordingly so you will have a reminder for your records. You should always plan at a good time of the day like in the morning or in the evening when your day is over so you can think of new plans that come to mind. Always keep your store nice for great purposes and to promote more customers because you keep it clean. Keep your items in order and organized so that you can find them easily. Keep your promises to customers, suppliers and employees. Making payments on time to your suppliers shows that it is a well-organized business. Making deliveries at the agreed upon time to your customers will win their trust and will help you in getting repeat
Intro to Business 1013
How Businesses Are Organized There are several ways that a business can be organized to define its structure. The main types of businesses are sole proprietorship, corporations, partnerships and limited- liability companies. How a business is organized explains how its taxes are paid, and accounts for profit and how it manages the liability by its owners. In the bylaws state that every organization has its own purpose and what it does. It has its name and contact information for those who own the business and what their entitlement role is. I will also discuss how businesses operate within the economic system and how they trade with each other and with other countries.
How to start your business you need to write down your business goals so you can accomplish those goals for future purposes. Always make a reminder to yourself that you are going to achieve your goals, like having a planner, software or even right yourself a note. Customers will know if your are happy with yourself and your co-workers by the progress of your business. It also improves efficiency and that shows your customers that you and your team are well- organized. There are some things that need to be planned daily, weekly, monthly and yearly. Make a list of these items and schedule them accordingly so you will have a reminder for your records. You should always plan at a good time of the day like in the morning or in the evening when your day is over so you can think of new plans that come to mind. Always keep your store nice for great purposes and to promote more customers because you keep it clean. Keep your items in order and organized so that you can find them easily. Keep your promises to customers, suppliers and employees. Making payments on time to your suppliers shows that it is a well-organized business. Making deliveries at the agreed upon time to your customers will win their trust and will help you in getting repeat
Cited: Griffin, D. (n.d.). Economic System Types. Retrieved from Chron: http://smallbusiness.chron.com/economic-system-types-1129.html How To Organize Business: Organizing Business Tips. (2007, December 26). Retrieved from more business: http://www.morebusiness.com/7-tips-organized Miranda, K. (1999). "Business Organization" Definition. Retrieved from eHow: http://www.ehow.com/about_5056916_business-organization-definition.html Why Nations Trade. (n.d.). Retrieved from EcEd Web Economics Lesson: http://ecedweb.unomaha.edu/lessons/feog1.htm