Imagefirst Signs: Business Analysis

In the last several years, as we have seen some of the major financial conglomerates collapse, when Wall Street carries some negative connotation, investors’ attention turns to the companies who work primarily with Main Street, specifically those folks who create capital and own assets. A lot of these businessess would not strike you as super wealthy, yet it is the small businesses that proved to be the most resilient during the hard economic times.

Small business are said to be the backbone of the United States economy. It said that small businesses contribute to growth and vitality in the specific area of the United States economic development. Small businesses play a huge role in how the business world is shaped. Entrepreneurs are smart, creative and innovative however, those same entrepreneurs need to have some knowledge that the study of microeconomics focuses on. With the study of microeconomics, their product or future business will succeed in an economic view point.

The good news is that small businesses have been doing better than the overall economy. During the past few years, they have overcome rough times and developed a resiliency that is serving them well. The bad news is that the rising

Some key contributions of small business in the U.S. economy is that they create new jobs, create new innovations at twice the rate of their big business counterparts, and they tend to find more opportunities than big companies.

In the economy, the small businesses are vital to the success of it. It serves the requirements of larger businesses. Small businesses meets local needs. Developing the right skill and to make an contribution to an organization means being entrepreneurial. In a small business the owner know who are the person he/she are dealing with that he/she can put a face to the customer he’s/she’s in contact with. Small business can make quick decision on what is required. Small business owners do not need to seek an advice to others and approval. Small business operates in a small space with low lighting and heating. People choose small business to reap the rewards for themselves (“The importance of entrepreneurship in small businesses, n.d.).

This article states that small businesses creates two out of three jobs according to the U.S. Small Business Administration. With new businesses starting so many jobs it is important to maintain their success. New technology is helpful resource to help small businesses successes.

When I first arrived to ImageSet, I noticed how small the place was in comparison to the previous companies that we went to and even the facility is small, this place packs a punch. The owner originally had a typing service and then her next business venture was office services. A printer friend of hers suggested that she start a printing (typesetting) business. I thought it was really interesting how each one of her businesses morphed into something else. Things weren’t always dandy because there was a point in time where business halted, but they were able to make things work and the demand increased exponentially. Debbi makes a great point about how one should always be willing to change with technology. ImageSet has always been here in Houston with one location and their facility is 15,000 sq. ft.

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).

"Small businesses are responsible for two out of every three new jobs created in the U.S. We need these small to

Run a professional business with this U.S. Stamp & Sign business open-and-closed sign. This sign is an effective way to let your customers or clients know when your store or office is open for business. This double-sided 8x11-inch sign with a simulated digital clock clearly informs the public of your open, closed, and Will Return status. The durable plastic sign hangs from a sturdy metal chain, which allows quick and easy flipping from open-to-closed. Fully reversible, this U.S. Stamp & Sign (9385 model) is blue on one side for your operating hours and red on the closed side. On the red side that indicates your business is closed, you can also set a time for your Will Return information.

Small businesses were once the backbone of the United States economy. After a time these business owners expanded, merged, and bought other businesses. This historic business trend has created some the well know corporations we know of today. One example would be the development of Wal-mart. Today, small businesses operate in the shadows of “big box” stores. However, small business owners account for more than 90% of, but only less than 5% or 10% of the GDP, “gross domestic product.” As a manager of a large corporation or a prospective business owner it is wise to be knowladgeble of new competitors, state of the economy, and current management trends. There are trends today that will change everyone’s expecatons of small business

We live in a world in which 13 of the top 50 economies are companies, not countries. How does this change the responsibility companies have for providing for social needs and addressing big-ticket challenges of the future? How can companies ensure their own

Obama's stimulus package, also known as The American Recovery and Reinvestment Act of 2009, could be the solution to small businesses in the current economic situation. Dedicated to scientific research, energy programs, school districts, contractors and Medicaid in conjunction with creating millions of new jobs, the $787 billion economic recovery package is a major topic on NEWS across the country. Who is going to be eligible for the money, how does one go about bidding for it and how much would one receive are all important questions being asked by business owners. Good news - the federal assistance is for everyone, especially business owners facing significant challenges. This is even a great opportunity for small companies to step up and compete for business with larger corporations. With the plan in place, smaller companies will have an opportunity to bid competitively where previously their capabilities may have restricted them.

Business Development Companies (BDCs) were created in 1980 to provide loans and aid to small and mid-sized businesses finance their prospective enterprises. According to the Small Business Administration, small business entities employ 50% of the private workforce space. financing, through loans for small and medium-sized companies raises business capital for retail investors who own shares. Prior to the existence of BDCs, the ability for smaller companies to raise capital were minimal. With the emergence of BDCs, small businesses, which are the backbone of the economy, are offered loans and incentives to promote growth, which in turn stimulates a strong market.

All of the U.S. job growth from the last three decades can be attributed to startups, according to Robert Litan, vice president for research and policy at the Kauffman Foundation, an organization that promotes entrepreneurship (Rosenber, 2001). While other businesses create and destroy jobs in response to the changing economy, initially, startups only add workers (Rosenber, 2001). And those that thrive and grow like Amazon, Google, Facebook, and Groupon rapidly add and train many employees (Rosenber, 2001). According to the Kauffman Foundation, most new jobs are created by companies less than five years old (Rosenber, 2001).