dimanche 27 mars 2016

Business Glossary

 I am studying in Business at Ahuntsic College. Studying in Business Administration, this glossary can help by using the words in in my department of study.


Broker
A person who buys and sells goods or assets for others.
Budget
An estimate of income and expenditure for a set period of time.
Business proposal
A business proposal is a written offer from a seller to a prospective buyer.

Cash flow
The amount of money the company has on hand to pay of its operating expenses.

Cold call
An unsolicited visit or telephone call made by someone trying to sell goods or services.

Cost
To estimate the price of making a product.

Cubicle
A small partitioned-off area of an office containing a desk.

Currency
A system of money in general use in a particular country.

Customer
Someone who buys goods or services from a business.

Debt
Something, typically money, that is owed or due.

Deposit
A sum of money placed or kept in a bank account, usually to gain interest.

Distribution
The delivering of products to end-user.

End-user
The person who is the ultimate user of a product.

Export
To ship commodities to other countries or places for sale.

Fee
A charge or payment for professional services.

Freight
Goods transported by truck, train, ship, or aircraft.

Get the axe
To get fired

Headquarters
A center of operations or administration.

Lay-off
The dismissal of temporary workers.

Loan
A sum of money lent with interest.

Ressouces

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Actively Engaged Online book

Small Business Owner

Introduction

Living in Montreal, I am studying in Business at Ahuntsic College. Montreal is a city in the province of Quebec, in Canada. Studying in Business Administration, I like to read stories about entrepreneurs who succeed in life. Not long ago I read about a small business owner who explained his lifestyle, the good things and the less good things about having a business. I chose this article because it explains the life of an entrepreneur and it relates to my field of study.

A Day in the Life of a Small Business Owner

You would prefer not the work for somebody. The truth is you need to be the Man, or the Women. At that point having your own business is the profession for you. The little entrepreneur is the foundation of the American economy. Of all businesses, ninety-nine percent are little entrepreneurs. They give 75% of the new occupations made each year, and they are in charge of 96% of all sent out merchandise. Little entrepreneurs work out of repair car shops, little stores on Main Streets, and immense corporate campuses. Before you start offering shirts in Time Square or offering oranges in Orlando, you require a strategy for success. A strategy for success is your guide to achievement. The strategy incorporates a description of your item or administrations, how you are going to back your business (advances, speculators, grandmother), due dates for your business and a definitive objective. As a little entrepreneur, you should know about the six Ms: MISSION – you need to know precisely what your administrations will accomplish for customers. MARKET – you need to know who your customer is and how you can discover them. MESSAGE – your main goal must be sufficiently clear that your business sector comprehends who you are and what you bring to the table. MEDIA – This is the most ideal approach to get your words out there (radio, print, TV, sky authors).  Strategy – You recognize what to do, with whom, with what, when and how to do it. You're in control of your business. Strategy – You recognize what to do, with which person, with what, when and how to do it. You're in control of your business. Administration – you work on your business in a manner that your customers are totally satisfied. A perfect little entrepreneur knows how to make arrangements, take care of issues, contract, prepare, inspire, and lead workers. Being a little entrepreneur is unsafe; it is certainly the most unsafe legal profession you can pick. Be that as it may, with a good tough work – a lot of determination, and a piece of luckiness, the prizes of beginning your own particular business are fabulous (think of Bill Gates).

References:

vendredi 18 mars 2016

How to create an account on Forbes

Forbes

Forbes is a well-known business website. It is a great site for people who want to learn about different subject as business, investing, entrepreneurs, etc. Forbes was founded by Bertie Charles Forbes and Walter Drey. It is first of all a magazine but they made a website for it. Forbes is made for anybody who wants to learn or read about business. This website helps you to deepen your knowledge about business as it offers you many interesting articles. It is related to the field of study Business Administration because it tells you all about business. I like this website because it offers you many diverse subjects about business. Also it one of the world mosts visited business website. It is well-known for its ranking of the richest person on the planet. 

How to use Forbes to create an account.
In this video, I will do a walkthrough demonstrating how to create an account on Forbes.