Can A Small Business Keep Up Within Society Today?

There are plenty of small business arising in the market. But does the success of the busssiness rely solely upon the owners? Can they not trust their employees to carry out the task needed in order to keep the business running properly? This is the question we will be addressing in this dilemma. is it really necessary for the owners to be on the premise at all times? Are personality cults created in small businesses? Is it possible for customers to create a personality cult around the owners of a business? How might the owner go about reducing customer’ dependency upon the presence and/ or personality of the owner and leading customers to depend more on the business itself?

There are many retail giants that have had an active presence on the market for sometime. A few that come to mind are JCPenny, Macy’s and Nordstorm’s. However, one major retail chain that has spread across the country was started right here in the state of Arkansas. Dillard’s first department store was opened in 1938 in Nashville, Arkansas by its founder William Dillard. Since its inauguration, Dillard’s has turned into one of the more prominent retailers in the United States. With an ever growing market base and clientele, Dillard’s has seen successful since the early 1950s. This success, however, leaves people with a few questions about the Arkansas native retail giant. What does Dillard’s current market look like? How does Dillard’s compare

Maria Howe, a ski enthusiast and business school major, opened a store 10 years ago after her graduation with financial backing from her family and

Macy's is one of the premier retailer franchises within the United States. To begin, Macy's Inc. is one of the nation's largest and well known department store chains. Started over 150 years ago, Macy's has continually generated excellent returns for its shareholders and employees. Currently, in the midst of a global recession, Macy's has generated huge profits with same store sales increasing 5.3% year to date. In 2012 same store sales increased 4.6% in the month of February alone (Macy's Inc., 2012). In fact, throughout the duration of 2012, Macy's is projecting even larger profits for its underlying business operations. Even though Macy's has experienced success with both its assortments and brand, its competitors haven't faired so well. Sears, due in part to part to a lackluster holiday season, has been forced to close nearly 120 locations to generate excess liquidity in an effort to shore up its balance sheet (Isadora, 2011).

Francesca’s is a 16-year-old specialty retailer chain in the United States. They currently have more than 616 brock-and-mortar boutique stores in 47 states and an online boutique site (Francesca’s 10k, 2015). Their stores sell up-scale clothing, jewelry, accessories and gifts. They do not carry a big inventory of each item but instead offering a few of each unique item. First, to understand the external forces Francesca’s is facing, the environments and competition will be discussed.

This essay will summarize the research report’s findings, offer a critique of those findings and how best to utilize mission statements for small family businesses.

I chose to examine the auto repair business, as my husband owns an auto repair and resale shop, therefore I am more familiar with this industry of family-owned businesses than other types of family-owned businesses. The auto repair business has been around for many years and is not about to go anywhere, anytime soon. The target market is anyone with a car. Cars are required to be maintained and repaired in order for them to run. Most American’s rely on their vehicles to get them to work, to school, and so on. According to, Sageworks, people are holding on to their cars longer and “more people who do not own cars are in the market to become car owners.”

The recent recession has hurt the entire retail market and regaining profits will be a constant challenge for the entire industry. In order to remain competitive, Ann Krill states,” value and versatility have become very important. She needs an incentive to shop.” (Hymowitz, 2012) Ms. Krill goes on to say,” I think in uncertain economic times, value becomes more important...” (Hymowitz, 2012)

One of the world’s most successful online retailers, Zappos, has garnered substantial amount of attention in recent news. Zappos delivers an array or products over the Internet, such as shoes, handbags, offering free and fast deliveries. The company, which was newly acquired by Amazon for about $1.2 billion, remains as an independent subsidiary (Sanghera, 2015), retaining Tony Hsieh as the chief executive officer (CEO). However, as Zappos grew, innovations slowed, and the infamous company culture began to lose momentum with an expanding workforce and having more managers joining the ranks (Gelles, 2015). Hence, all eyes are set on the multi-billion dollar company, known for it’s unmatched customer service and eccentric company culture (Mitchell,

For a team of two men to single handedly turn a seemingly trivial and inapplicable business idea into a company that has been consistently ranked among the best companies to work in the United States, and manage to turn Las Vegas into a dream destination for startups in such a competitive market is no easy task. Yet Tony Hsieh and Alfred Lin did just that and their business strategies, which turned Zappos into a successful company with two billion dollars in annual sales, provide a rather interesting perspective towards making and maintaining a business as both a “fun” and profitable venture.

BUSINESS TO CONSUMER MODEL: A POSITIVE IMPACT OF ONLINE BUSINESS ON THE MARKETING AND OPERATION OF SALES IN THE CLOTHING INDUSTRY.

The mainstream of the business idea is to cater two distinct groups of people. The first group identified in the target market is that of the people those prefer to order in for dresses by first selecting the fabric and are cautious about the measurements. To

In opening a new store in Gilbert, Arizona, and maintaining a positive triple bottom line, it is our recommendation to Don Oest to do the following:

In the present time for any business to be a success, there are two pressures that must be handled with much attention. The two main forces experienced are the development of strategy in international business and expanding market. The strategy is most believed to be keen on the identification and taking actions that will make the goals of the firm be achieved. Strategy in business identifies the primary target of a given company. It is up to firms to apply strategies that work for profitability and profit growth. The main aim for the development of strategies is to create value so as to have an advantage over competitive firms. The primary concern in strategies is focused on lowering the price of value creation and differentiates the

One designer and manager of e-commerce store, David Ferguson with over 10 years’ experience notes that most successful of his clients have been those willing to put hard work on the fore especially in the first two years of their venture as this is the most critical time when one is hoping to grow a brand or store for the future of the business.