This is where market research is important. You will want to gather as much information as you can about the market, potential customers, and your competition. Good market research will help you determine if your business idea can be profitable.…
What qualifies as a small business?
A small business may be defined as a business with a small number of employees. The legal definition of “small” may vary by state or industry but is generally under 100 employees. These businesses are normally privately owned corporations, partnerships, …
Who should write the business plan for a new venture?
The person or persons responsible for implementing the plan should be heavily involved in its development. Some people hire consultants or have employees draft the plan. If you’re going to be accountable for the decisions that will be based on …
What are components of a job description?
A job description is often written after analyzing a job to develop a thorough understanding of the various attributes of the position. Done properly, a good job description will help the employer in every step of the recruitment process from …
What can I grow/raise on my farm that will make money?
The question you have asked relates to risk and feasibility. Given optimal conditions, almost anything can be sold, so the questions you really need to ask yourself are:
* How much money do I want to make?
* How much …
How do I maintain an accurate inventory control system in a wholesale nursery?
In order to maintain control of plant materials, equipment, tools, and supplies, an inventory control system is needed. Business management experts often classify inventory systems according to the usage of the item in inventory. Following this line of thought, a …
Do I need a nutritional label for to sell my food product? How do I get a label made?
Federal law for this question is answered by two federal agencies, the Food and Drug Administration and the U.S. Department of Agriculture. Section 403(q) of the Federal Food, Drug, and Cosmetic Act requires that packaged foods and dietary supplements bear …
What is the difference between marketing and selling?
Oftentimes, business owners confuse the act of selling their products to a customer as marketing. In actuality, selling is a small portion of the entire marketing scheme. Selling is the transaction where a product is transferred from the business owner …
How can I obtain a Universal Product Code (UPC) symbol?
A barcode symbol, such as the U.P.C., consists of patterns of black vertical bars with white spaces and numbers at the bottom of the symbol. Together these bars make up the symbology of the code. The thickness of the bars …
In Tennessee, when does one need to become a Licensed Pest Control Operator?
Chartered companies that are in the business of commercial pest control, applying a pesticide for a fee, are required to have at least one Licensed Pest Control Operator at the main office and at least one at each branch office.…