By | October 23, 2019

Business Concepts,Business BasicLitigation arising from worker misconduct costs employers billions of dollars yearly. 2. Marketing and sales strategies for early-adopters. Coming up with an outstanding product or service is great, but your business will likely fail without those crucial first few customers. Develop a marketing plan with an allotted marketing budget that will get your product or service in front of key early-adopting clients. From the start, prepare ways to engage with and nurture clients to develop a loyal base.

MARCUS SCHROETER was born in 1972. Studied business studies & economics at the University of Bremen with special focus on Production and Logistics”, Environmental Management” and Structural Policy”. He received his PhD from the Technical University of Braunschweig for research on the strategic management of closed-loop supply chains. Since 2005 he has been employed as a researcher at the Fraunhofer Institute for Systems and Innovation Research. The focus of his research is the design and the assessment of sustainable business concepts.

A blog for Small Business Consultants and the distributors who serve them. Content material is becoming crowd-sourced, that means that buyers are recommending issues to each other through social media. He is the author and editor of 30 books. Picard has been editor of the Journal of Media Business Research and editor of The Journal of Media Economics. He has been a fellow on the Shorenstein Heart at the Kennedy School of Government at Harvard College and a public policy fellow on the Reilly Heart for Media and Public Affairs, Louisiana State College. Moreover, connecting your Google account to your blog is one thing that’s just about taken care of. Since Blogger is owned by Google, they’ve made sure that these connections are simple.

If you like this article, then you might be tempted to share it on one of the many social networking websites that you use, and that shows the sort of power social media holds in the age of electronic communication. It is an industry that is valued at hundreds of billions of dollars since it is the primary platform for content sharing, marketing, communication, and entertainment for billions of people all over the world. Facebook, Twitter, and LinkedIn might be the biggest social media networks as of 2015, but the idea of a social network first came into existence in 1997 when was established by Andrew Weinreich. The website might not exist today but it was the website that set in motion the creation of perhaps one of the biggest online industries ever created.

S corporations do come with some downsides. For example, S corporations are subject to many of the same rules corporations must follow, and that means higher legal and tax service costs. They also must file articles of incorporation, hold directors and shareholders meetings, keep corporate minutes, and allow shareholders to vote on major corporate decisions. The legal and accounting costs of setting up an S corporation are also similar to those for a regular corporation.