Question: I need you to answer 3 discussion posts and state whether you agree or disagree 1. I would launch an all-seasons landscaping business. Landscaping is

I need you to answer 3 discussion posts and state whether you agree or disagree

1.

I would launch an all-seasons landscaping business. Landscaping is always in high demand and plowing would carry the business through the winter. First, I would invest in a public accountant to ensure the financials are collected, recording, classifying, summarizing, reporting, and analyzing financial activities to adhere to the Generally Accepted Accounting Principals (GAAP). Secondly, I would purchase the assets required to complete the functions of landscaping. The business would need vehicles and trailers to transport the equipment, the yard equipment, tools and safety equipment as well. Next, I would hire and train two sets of teams in order to widen the ground the areas could cover. Additionally, I would invest in an outside company that would help create policies and standards for the business to ensure the employees have a full understanding of the requirements and the companys vision and goals.

Further, I would invest into advertising and marketing to get the business known in the area in order to obtain clients. We would print business cards that we could hand out at social events, print ads in the local papers and participate in community events (i.e. Santa Clause Parades) to spread the word of the business. Once we have our first few sets of clients, the business would launch from word of mouth. The teams would work to the best of their abilities, to ensure the work is coherent with our standards, done in a timely, efficient and affordable manner that would entice our customers to recommend us to their friends and family. Ideally investing in an accountant, setting up policies and procedures, training and marketing will help our team become a successful business in the area.

2. We all know all businesses work because of supply and demand, if a person said sell me this pen one of the best answers was to show the client that they needed the pen so they could show supply and demand. How do you determine what would be a good business? Supply and Demand. Now there is many different types of of industry to start a business in, personally I would have to stay in the industry I am already in as it is my passion. That is the investment and Insurance world. As I am not very experienced at this time of my life I would hold the start of my personal business right away. However I would keep working for the company I currently work for till I have enough experience and learn more. After five years of gaining experience I would proceed to starting my own firm. This would allow the company to bring cash flow inside the business with my existing clients. The funds would be used for different types of things. As we have cash flow already from my existing clients we would not need to worry as much on that. I personally believe it would be important in investing in a support staff as well as an office. There will be cost to setting up the business for our lawyers and accountant. As well as our advertising and filling systems and other office supplies. It would also be important to keep some funds incase of emergency that we need to relocate or in an event of natural disaster we need to replace the office supplies.

3.

Though my career goals are not set in stone, if I were to start a business I would start a bakery and caf.

With $250,000 to invest in myself, I would first start with the crucial foundations of business and hire an accountant. Hiring an accountant will ensure the business start-up funds and investments are being spent wisely and will help the business given their extensive knowledge in the relevant economies. After securing an accountant I would then purchase materials and begin fitting out my space - prepping it for business. Before construction begins, I will invest in a fitting insurance plan to ensure my space and assets are protected.

As construction and preparations are being done, I would then allegate some funds towards marketing and advertising - creating a brand identity is important for a new business in order to gain the consumer's eye. Finally, I would spend funds on ensuring the space is suitable and accurate to my brand identity - make the space suits the aesthetic and vision for the bakery.

To summarize, primarily I would focus on the basics - ensuring money and assets are protected and being overseen by the appropriate representatives. Secondly, I would ensure the brand identity and space is fitted out as I envisioned to grab the attention of new customers.

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