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Maintaining a Business

  • Date Submitted: 08/04/2012 05:54 PM
  • Flesch-Kincaid Score: 31.8 
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“Understanding How to Maintain a Business”
LaShondra Davis
July 20, 2012
BUSN 105 – Monday
American Intercontinental University
Sean Kopinski

Certification of Authorship: I certify that I am the author of this paper and that any assistance received in preparation is fully acknowledged and disclosed in this paper. I have also cited any sources from which I used data, ideas or words, either quoted directly or paraphrased. I also certify that this paper was prepared by me especially for this course.

Abstract
All ends must be met, to maintain a significant sale.   The potential of customers, is that their concept is introducing new products/services that will potentially generate sales.   Expectations of any inventions are easily maintained through different facilities such as home offices and office buildings. Pertaining to future products/services within a specific market, the significance of investment offers the best opportunities.
An organization operates through three components of business: People, Machines, and Products/Services. Without the use of technology, people tend to find other ways to produce products/services in order to gain annual revenue. In other words, consumers must be cautious of the basic environments – legal, social and economic.   Each environment has a specific viral aspect of the business industry.
The legal environment consists of citizens abiding all laws granted by higher authority. Social environment offers targeted products/services beneficial potential profit. Also, the economic environment distributes amongst not only organizations, but amongst individuals too. Sole proprietorship, Partnership and Corporation are the three significant forms of business, which a business can operate.
The first form of business is Sole Proprietorship. Sole proprietorship is an entity, which an individual is held liable to all assets of a business. To operate a small business, being a sole proprietor there are many advantages and...

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