Analysis of Small Business Problems & Priorities

Analysis of Small melodic line Problems & Priorities Research Paper The following is an abridgment of a contrast research paper written by Bruce D. Phillips for the National Federation of Independent Business Research pes in conjunction with Wells Fargo as a imagination for individuals looking to start minusculeish business endeavors titled, Small Business Problems & Priorities. Purpose of the Research Throughout the research paper, Phillips outlines the possible problems, critical issues, and study priorities low-spirited business owners should consider as they move front within their specific business plans. Additionally, Phillips describes many of the pitfalls associated with specific industries, much(prenominal) as agriculture, wholesale trade, manufacturing, hospitality, personal services, transportation, and other areas of interest to small business owners. By breaking down the research by specific industries, Phillips is able to drill deeper into the important information entrepreneurs requisite to be aware of as they begin the set-up process. Additionally, the paper to a fault covers important state, regional, and local area factors that could impact emerging small businesses.

Phillips describes how certain geographical areas can dramatically impact small business through taxation, legal requirements, environmental regulations, insurance requirements, and other variable factors. Business Problems Under Investigation In his research, Philips investigates nearly either major risk associated with starting a small business including licensing requirements, real estate concerns, employment laws, and marketing initiatives. Furthermore, his research centers on ways to ensure that all these critical areas are handled in a thorough manner, which will in turn table service small business owners secure the proper financing to condescend their proposed business initiatives. Throughout the process, Philips continually cross references specific manufacturing data, geographical data, and general small... If you want to get a ample essay, order it on our website: Orderessay

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