Formal Justification Report: Recommendation to the Workforce Training and Education Coordinating Board

While it may not be known to many in our society and academic circles that workforce education and leadership is the key to promoting individual learning and skill training. There is no society devoting to immoderation can survive unless the whole society becomes aware that dedication and purposeful work are important aspects of life. Workforce education leadership is an education program designed to prepare students for employment in workforce education leadership positions in postsecondary educational institutions and social services systems, advancing the knowledge center of workforce preparation, workforce development education, and professional development (Advanced Technology).

The intended audience for this piece of writing is struggling entrepreneurs. These employers or owners can belong to either big business or

There is a reason the term “small business” is vague; it reflects the lack of a generally accepted definition. The U.S. Small Business Administration (SBA) has established numerical definitions of small businesses. These size standards vary to reflect industry

Startup.com is a documentary film about govWorks.com, a start-up tech company that operated between May 1999 and December 2000. The company raised $60 million US dollars from various venture capitals and was thought to become a million-dollar business that will go public on the stock exchanges. Unfortunately, the company did not survive when the dot com bubble bursted. The company was founded by two best friends since high school, Kaleil Isaza Tuzman and Tom Herman. Their friendship also fell apart as the company came to an end. govWorks.com was acquired by a multinational corporation on New Year’s Day 2001 due to the company’s rapidly depleting cash flow and inability to get more funding.

* Small Businesses are companies that have between 1 and 99 employees under its organization.

One big misconception is that business owners make a large profit while paying their employees very little. Many people believe that businesses should have no problem with paying their employees more. While this may be true for some businesses, small businesses do not make as much of a profit as a large corporation would. Many small business owners keep a small amount to support their families. There are a lot of fees that come with running a business; these include rent for the building, the supplies needed to operate, and the production costs

According to a report published by the National Foundation for American Policy, immigrants have founded more than half of America’s billion-dollar startup companies. This report studied 87 United States startup companies valued at $1 billion or more as of January 1, 2016. Fifty-one percent of these companies (44 companies) were founded or co-founded by immigrants.

Another report suggests that immigrants, in fact, create new jobs (Farlie, 2012). The study utilizes data from the U.S. Census Bureau (2007) to highlight that the ‘business ownership rate is higher for immigrants than non-immigrants -- 10.5 percent of the immigrant workforce owns a business compared with 9.3 percent of the non-immigrant (i.e. U.S.-born) workforce’ and that ‘immigrant-owned businesses are slightly more likely to hire employees than are non-immigrant-owned businesses, [although] they tend to hire fewer employees on average.’ The findings go further to establish the generally positive effects entrepreneurial immigrants have on the labour market and economy as a

     The belief and implementation of free markets and pro-business policies have allowed the American nation to become the strongest country in the world. The entrepreneur is a special type of business person that is hurt by the livable wage. Our nation’s economy is diverse and adaptable because entrepreneurs are always willing to take risks to make money and stay competitive. Entrepreneurs act as the catalysts for the American economy. They take the capital risks to create new products,

This article tells how a young entrepreneur named Ben Casnocha started his successful business lifestyle at 12 years old. At 12, Ben started his first company. When he was in the sixth grade he wrote an HTML code to make ComplainandResolve.com. Ben founded a software company called Comcate Incorporated at age 14. He raised about $250,000 to start Comcate. “My Start-Up Like” is a book Ben coauthored when he was 19. The book is an entrepreneurial how-to manual. The book has been described as informative and entertaining. It allows readers to gain insight into the mind of an American entrepreneur. The book was wrote to recount Ben’s finding of his e-government technology firm, Comcate. The next book Ben coauthored was “The Start-Up of You: Adapt

As for the U.S economy today, small business has the main roles to contribute significantly in a whole gross domestic product (GDP). In the purpose to motivate and encouraging small business performs efficiently, the U.S government provides a couple major resources, the Small Business Administration, and the SNBC as the guidelines to address business concerns and other matters related. According to entrepreneur.com, small business represents over 6 trillion dollars in total economy outputs, and account over 3% as a franchisee. (sba.com, 2004).

According to investopedia.com, “If the recession have proven anything, it’s that even corporate giants have to think outside the box to stay afloat. These companies show that with patience, innovation and occasional brutal change, you can beat recession and come away with a profit even during the roughest times.” An entrepreneur is someone who manages to open a business with a lot of risk and initiative. The United States of America have had very bad economic conditions for the past few years and now we are still recovering. Not only bad things come when the economic conditions of a country are bad, there are also good things. For example, entrepreneurs can get a good start from the recovery, take advantage of the opportunities and consider the entrepreneurial landscape. There are several business opportunities that I see now that may not have existed 5 years ago; app developer, sustainability expert and social media manager.

The small business marketplace is extremely dynamic and the changes are fast. Here are some encouraging facts from the US Small Business Administration on small businesses. There are about 30 million small businesses in the United States and employ just over half of the country’s private workforce. They employ a staggering 40% of high tech workers such as computer professionals, scientists and engineers. More than half of the small businesses are home-based businesses and two percent of them are franchises. One of the most important aspects is the fact that a majority of innovations in the United States come from small businesses.

Small businesses are important to the U.S economy for multiple reasons. According to the U.S Small Business Administration, small businesses represents for 99.7 percent of all employer firms, have generated sixty four percent of new jobs and paid forty four percent of the total united states payroll (Brown, 2017) . Small business is an important role not just in the US economy, but they also play a major role in the growth of the individual community that they are located in. Small businesses give citizens of the community an opportunity for employment by offering jobs that the individuals may not have to have degrees or accolades to qualify for unlike jobs in larger corporations. Although small business is very important to the economy and the community, often times small

Startup.com shows the perils of going into business with a shaky business plan. It shows the initial excitement, the rise and fame, the bumping of heads and the eventual downfall. Such is the story of govworks.com, the documentary, startup.com covers it’s first, and only, year in business.