Organizing Business

In: Business and Management

Submitted By sobiakhtar
Words 1806
Pages 8
To: Investors
From: Sobia Akhtar
Subject: Organizing Business
Date: 04/22/2015

Business Brief

Introduction
Starting a business, whether small or big, is not an easy task. The procedures followed to establish a business generally determine whether it is going to be successful or not. The process usually starts with an idea and ends with a very careful study of the information available to analyze whether the idea could be successful. A business idea comes from a number of resources such as hobbies, business experience or interests. It requires a number of years of training in a business operations to prepare oneself to become responsible for the ownership. Responsibility for decisions and opportunities, in order to manage people, is a critical part of that experience.

Putting a business idea into action means searching the right time and right place to open the business. Easy access to the raw materials, transportation system and a proper timing are a few important factors in starting a business. Most of the successful businesses start when the demand for a particular product or the services is high.

Business I would like to own and why?
I would like to own a business of selling Baby Products. There are millions of children born every year, and the parents need to buy stuff for them like baby toys, clothing and other necessary items. Even if the spending is small, one area where parents cannot compromise on spending money is when it comes to their children, especially a newborn. Each parent in the world wants to provide the best to their children. Selling baby products has the potential to be profitable and can be started in several ways. Also, providing the option of purchasing items online can save the parents’ time as they won’t have to browse the store in person. They can go through…...

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