U.S. Senate Committee On Small Business & Entrepreneurship

15/11/2018 By Qin

In the U.S. 64{35cb9ed3cc561a3021f22808fce88883a22a8206f111a119500a18949f91e1b9} of net new jobs over the last two decades are generated by small businesses. In order for my business to be successful I will need to have the right workers working for me to get the right workers in my organization I will interview each potential candidate and chose the ones I feel like can achieve the business goals and objectives.

In addition to ensuring that the business has enough capital, the small business owner must also be mindful of contribution margin ( sales minus variable costs ). To break even, the business must be able to reach a level of sales where the contribution margin equals fixed costs When they first start out, many small business owners under price their products to a point where even at their maximum capacity, it would be impossible to break even.

I am a hard working individual and I am passionate about my business organization, I do not fear taking risks in order to achieve my potential goals in the business without risk there won’t be any success, other strengths are that I am willing to take bad feedback in order to know what I’ve done wrong in the business and make my customers satisfied with the products and services my business organization provides.small business

My business organization have come up with a very smart idea which enables customers with financial problems to pay monthly for their treatment instead of paying all of their money over one go. If my business organization lets their clients to pay their treatment every month they will be able to afford their treatment and this will enable my business organization to make more profit.

A medium to large business could have the same small business infrastructure, without the hands on manufacturing of the product, by simply having the product be an e-book or an info-product which is printed at the time of sale by the fulfillment company.