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;Revision
1)What are the advantages of going into business?
2)What are the disadvantage?
3) What’s the major advantage of running a small business?
flexibility(灵活性):
easy to control;
you can make decisions by yourself instead of getting permission from the board.
you can drop it quickly
4) Are you the type of a boss? If not, how to cover the deficiency?
;What are the disadvantages?
payroll---employees;
creditors:
suppliers (dealers);
landlord;
mortgage holder;
marketing Intermediaries;
tax collectors……
;Keep your business profitable means long hard work:
1)Read the books;
2)Analyze the accounting records;
3)Do a long range planning;
4)Catch up with the paper work;
5)Even sweep the floor.
4. Accept sole responsibility for all final decisions
result in losses
5. Withstand adverse situations
overcome all the business setbacks.
;You will never be entirely your own boss.;Your Chances of Success;Section 2 Starting a Business
1. What practical problems will you face in starting a business?
2. How to know the amount of the start-up capital(启动资金)?
3. How to estimate your sales volume ?
4. In reaching your final estimate ,do not be over enthusiastic, why ?
5. According to the illustration, what happened by the end of June?
6. Can you propose some solutions to cover?;Section 2 Starting a Business;;3. How to estimate your sales volume ?
;Cash Planning;;4. In reaching your final estimate do not be over enthusiastic, why ?
1) A new business generally grows slowly at the start;
2) If you overestimate sales, you are likely to invest too much in equipment and initial inventory(期初存货);
3) You will commit yourself to heavier operating expenses ;
4) You might have no sales or very low sales at the beginning;
5) You must accept a certain proportion of sales on credit (赊账).; Warm tips for you in estimating your income :
Do not be over enthusiastic, it will result in high risks:
1) At the beginning, the sales will be very low;
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