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How To Attract People To Do Business? (A Business Graduate's perspective)
Post 1 of 20
Important hurdle involved in the business process is a risk factor, financial schemes that is their format etc, and the current economic conditions. These factors effect people who have proper education of business like Business Graduates etc. Most of these peolpe dont dare to proceed and preffer to work for someone else and join a company.

Following are the suggestions to encourage people who want to own a business:-

• Economic conditions must be more stable in order to attract the people to business.
• Students must be encouraged to use their entrepreneur skills during their MBA & BBA programs.
• Loan Schemes must be more feasible according to the requirements of people.
• Family atmosphere also counts, it needs improvements.
• Taxes imposed should be reduced to a reasonable amount, so that people may be encouraged to do their own business.
• Services and utilities should be so low ,that it may provide a reasonable benefit to the businessmen.
• People should have the proper awareness of prose and cones of certain aspects of business & jobs.
22 Mar 2007 00:12
Post 2 of 20
Replying to [TandH]:

Thanks for your suggestion.

yes,my worry is too much,though i want to open a small company.

I
cANDY
25 Mar 2007 23:36
Post 3 of 20
Replying to [TandH]:[em19]
26 Mar 2007 23:38
Post 4 of 20
Replying to [candy10102]:

Yes dear, you have to work hard to get complete homework for going to own business.
27 Mar 2007 01:45
Post 5 of 20
Replying to [candy10102]:

Its always hard for a small industry to overcome export market...
27 Mar 2007 07:33
Post 6 of 20
Quoting from [TandH]:


Important hurdle involved in the business process is a risk factor, financial schemes that is their format etc, and the current economic conditions. These factors effect people who have proper education of business like Business Graduates etc. Most of these peolpe dont dare to proceed and preffer to work for someone else and join a company.


Following are the suggestions to encourage people who want to own a business:-


• Economic conditions must be more stable in order to attract the people to business.

• Students must be encouraged to use their entrepreneur skills during their MBA & BBA programs.

• Loan Schemes must be more feasible according to the requirements of people.

• Family atmosphere also counts, it needs improvements.

• Taxes imposed should be reduced to a reasonable amount, so that people may be encouraged to do their own business.

• Services and utilities should be so low ,that it may provide a reasonable benefit to the businessmen.

• People should have the proper awareness of prose and cones of certain aspects of business & jobs.


It is oxymoron, those with MBA end up working for high school dropouts.


With a degree, the choice of taking risk will be far greater to seek employment then to take the plunge and get into business. However there are people who started business without a degree and along the way, they started to take their MBA part time.


Business is SWEAT, COURAGE, DETERMINATION, PEOPLE-MINDED, and MONEY MINDED. I agree with you that the economical environment, the  tax incentives and  other factors have a part,  but it has to first identify the market, the needs of the people, and get the product or serivice to meet to the needs. It must bring benefits to the people.


Street


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Tijit Pte Ltd
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Tijit provides service and supply to Marine Shipping Industry both here in Singapore and abroad focused on portable instruments.
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27 Mar 2007 17:29
Post 7 of 20
Replying to [TandH]:[em16]Thanks for your information
27 Mar 2007 21:19
Post 8 of 20
Replying to [HT Sourcing]:

Always do decrease your expanditure as long as possible, then do effecient controle over your operations.. its fruitful!! apply and see...
27 Mar 2007 23:18
Post 9 of 20
aztech
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Overall Ranking MVP:91 Rank:56,149
Replying to [Street Smart]:

I do agree with Street. One of my classmates who discontinued his studying on senior middle school owns his business now and it seems he has a bright future.

Chad Yao
Aztech System. Ltd.
27 Mar 2007 23:22
Post 10 of 20
Replying to [Street Smart]:

Off course! to identify the needs of market is necessery, its ever first object you have to know then go further.

Being a business graduate, i think has advantage of picking idealogy within limited of time as compare to whom who is infant in the field.

Business graduate get the exposure during his stay at institution then he just need to apply! But the person without this proper knowledge need to get exposure first then go ahead.
27 Mar 2007 23:33
Post 11 of 20
Replying to [aztech]:

Yes your fellow may can have bright future but will take more time as to another one who already has exposure from his study.
27 Mar 2007 23:45
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