business development

Examples of business development in the following topics:

• The Small Business Administration

  • The Small Business Administration (SBA) is a United States government agency that provides support to entrepreneurs and small businesses.
  • The Small Business Administration (SBA) is a United States government agency that provides support to entrepreneurs and small businesses.
  • Many of the new jobs in the U.S. economy are created by small businesses
  • Small business contracting programs include efforts to ensure that certain federal contracts reach woman-owned and disabled veteran-owned small businesses.
  • In addition, the agency provides grants to support counseling partners, including approximately 900 Small Business Development Centers (often located at colleges and universities); 110 Women's Business Centers; and SCORE, a volunteer mentor corps of retired and experienced business leaders with approximately 350 chapters.

• Introduction

  • Contributors: Suzanne Barnett, Lydia Jones, Carol McDonell, Bernie Meineke, Tammy Segura (Georgia Small Business Development Center, USA)
  • Of all the roles an owner has in the business, perhaps the most important one is to be the designer for the business.
  • Owners set the direction for the values of the company, develop its product and service strategies, and set the tone for its relationships with customers.
  • Develop and refine processes and procedures.
  • Owners design the "business model", or the big picture formulas and processes of doing business.

• Introduction

  • understand the importance of a company to be market vs product oriented in a developing country

• E-Business Strategy

  • In the emerging global economy, e-business has become an increasingly necessary component of business strategy.
  • The term electronic business (commonly referred to as E-business or e-business) is sometimes used interchangeably with e-commerce.
  • E-business involves business processes that span the entire value chain: electronic purchasing and supply-chain management, electronic order processing, customer service, and business partner collaboration.
  • E-business software allows the integration of intrafirm and interfirm business processes.
  • In the emerging global economy, e-commerce and e-business have become increasingly necessary components of business strategy and strong catalysts for economic development.

• What type of businesses prosper most?

  • The foremost indicator of a successful business network is a common purpose.
  • For example, the Tokyo Metropolitan Government's ‘Municipal Environmental Protection Ordinance' in Japan developed a series of cooperative networks one of which involves a shared delivery system enjoyed by 15 different retail companies.

• Categories of Business Products

  • Business-to-business (B2B) describes commerce transactions between businesses, such as between a manufacturer and a wholesaler or a wholesaler and a retailer.
  • Real estate businesses generate profit from the selling, renting, and development such of properties.
  • Business Services: Service businesses offer intangible goods or services and typically generate a profit by charging for labor or other services provided to government, other businesses, or consumers.
  • Organizations including house decorators, repair services, consulting firms, restaurants, financial businesses, janitorial services, and even entertainers are types of service businesses. ( )
  • There are many other divisions and subdivisions of businesses.

• Types of Businesses

  • American economist Milton Friedman once famously proclaimed that "the business of business is business. " Capitalist economies such as the United States rely on businesses to legally produce capital from the trading of goods and services.
  • Moreover, the types of businesses that exist today can vary by jurisdiction.
  • The business owner has unlimited liability for the debts incurred by the business.
  • Partnership: A partnership is a business owned by two or more people.
  • Real estate businesses generate profit from the selling, renting, and development of properties comprising land, residential homes, and other kinds of buildings.

• The Impact of Business Owners on Success and Failure Rates

  • As the creator, organizer, and manager of a business, a business owner is critical to the success or failure of a given venture.
  • Different businesses require different skills.
  • Combining the core importance of the business owner in the creation of the business and the variety of skills business owners can leverage to achieve success, business owners are often enough the primary influence on a small business' potential success (and potential failure).
  • Business owners with a strong strategic ability to plan, highly developed interpersonal skills, key industry skills/knowledge, and the willingness to take risks and be accountable are poised for the highest rates of success in small business ventures.
  • Recognize the significant impact a business owner has on the success of a small business

• B2B Channels

  • Business to Business (B2B) marketing refers to a market where other businesses, not end consumers, are the purchasers of the goods and services.
  • All these are considered business to business transactions.
  • Like Business-to-consumer marketing, business to business also employs different channels, such as e-commerce or physical stores.
  • Many business-to-business transactions involve large sums of money, because generally the business will buy in large quantities.
  • Therefore, it often makes sense to involve a representative from the selling company in developing, cultivating, and maintaining relationships that lead to sales.

• The State of Global Business

  • Global business is changing and evolving quickly due to demographic and technological trends.
  • In the last five years, over 50% of the general public throughout the developed world have begun to use the internet as their preferred source for news and entertainment, as well as their preferred support for the conduct of banking, shopping, and personal and business communications.
  • This has, almost overnight, created a new social business environment.
  • At the same time, in the material domain of life almost two billion people have joined the ranks of the rising global middle class as the developing economies of India and China have come fully on-line.
  • These make inflation rates in developing countries stay at high levels.