Obamacare & Small Business BUS 207 01 November 25, 2013 Melissa Spinden Many people have a lot of questions when it comes to the new healthcare reform law. First off Obamacare is formally called the Patient Protection and Affordable Care Act. The Patient Protection and Affordable Care Act is the healthcare reform law that was signed in 2010 and now many states have opened their health insurance marketplace exchanges as of October 1, 2013. This new healthcare reform
Steve 's first foray into the world of small business came when he was an Invisible Fencing dealer. He operated this business on a part-time basis while remaining employed by a Fortune 500 company called Digital Equipment Corporation (DEC). While the Invisible Fencing business was not very successful, it was a valuable opportunity for him to learn important lessons about business in a relatively low-risk environment. For the next two years, he worked on a business plan and waited for the right opportunity
Small Business 2 In accessing the Equal Employment Opportunity Office (EEOC) website, I found it very hard to find a clear and concise reason as to why small businesses were treated differently than the larger businesses and why the law would differentiate between them. These smaller organizations are sometimes treated differently by the EEOC because they lack the resources that most large companies possess. Most small businesses can't afford to hire the best qualified people that
Assignment on: Small Business Enterprise Contents 1. Introduction 3 2. Small Business Performance 3 3. Chosen Organization 4 3.1 Nature of the Organization 5 3.2 Scope of business 5 3.3 Performance of UKRD Group 6 3.4 Strength of UKRD Group 6 3.5 Weaknesses of UKRD Group 7 4. Removing weaknesses 8 4.1 improving the strength 10 5. Appropriateness and effectiveness of existing business plan 12 5.1 Improved business plan 12 6. Impact of the changes in the business 13 6.1 Monitoring of
According to Forbes.com, “approximately 543,000 new businesses get started each month” (Nazar). That places the annual total of small businesses created at more than 6.5 million, in the United States alone. A small business is defined as an enterprise that has less than five-hundred employees. There is a total of about 28 million small businesses in the U.S. These businesses are responsible for the employment of roughly 50% of Americans. With an addition 6.5 million businesses being created annually
Analysis of Small Business Problems & Priorities Research Paper The following is an analysis of a business research paper written by Bruce D. Phillips for the National Federation of Independent Business Research Foundation in conjunction with Wells Fargo as a resource for individuals looking to start small business endeavors titled, “Small Business Problems & Priorities.” Purpose of the Research Throughout the research paper, Phillips outlines the possible problems, critical issues, and major
How is a Small Business Advisor Consultation Helpful for New Businesses? A small business advisor consultation is very helpful for new businesses. Small business advisors help entrepreneurs to reduce risks and waste while increasing savings and efficiency. Small business advisors usually have personal experience operating a company and handling various business functions like marketing, accounting, human resources and legal compliance. Professional Expertise Small business owners must wear many
Small businesses, with large impacts. Many times when you hear the term small business, you think of a small business that doesn't have the impact on lives such as global retailers. But in fact, all of the small businesses in the United States make up to 60-80 percent of all U.S. jobs. Small businesses, really are what fuel our economy and what keep our head above water as an economy. Information gathered by Entrepreneur Magazine, reported that there is somewhere between 25-27 million small businesses
is the person that laid down the foundation for the incorporation law (“CT Sponsors 2015 Small Business Week.”). They are associated with the SBA, also known as the Small Business Association. CT Corporation offered a convention like event about recognizing small business and their contributions to America. These conventions date back to 1963 (“CT Sponsors 2015 Small Business Week.”). Certain traits help small businesses become successful, such as, persistence, confidence, fearlessness, and passion
Small business social media starts with making the decision to be part of the conversation. Not as easy or cut and dried a decision as one may think. What are the factors involved in this process? The pros and cons? Pros: Potential to raise my website page rank Potential to find new customers or clients Potential to make new business connections Potential to reach my current customer base with new products or services Potential to get customers talking about me or my company