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Essay / Research Paper Abstract
This 9 page paper is not a "how to" guide for small business but rather delves into the philosophy of business planning. Several examples of small businesses which grew are used to demonstrate how individuals start successful small ventures. After defining the small business concept, the paper explains the function of the business plan. Bibliography lists 6 sources.
Page Count:
9 pages (~225 words per page)
File: RT13_SA501sb.rtf
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Unformatted sample text from the term paper:
then grow into something very big. There are many examples of this. Apple Computers for example began in someones garage. In fact, there are a great deal of anecdotes of
businesses starting out in garages. Sometimes businesses are started almost by accident. Google is one such example. Google is a web site that was actually created in 1995
and part of a research project at Stanford University (Zemke, Barbian, Krell & Ellis, 2001). Page and Brin were Ph.D. candidates at the time and started on a quest to
create search technology (2001). The rest, as they say, is history. A company was founded in 1998 to utilize this innovative web technology, and Page and Brin were at the
helm (2001). Then, it was a small business. However, in June of 1999, they were able to access $25 million from venture capitalists for the startup (2001). It was a
risky time in respect to Internet startups that by the end of the 1990s were beginning to fold. Still, there was money to be made and Google seemed to be
unique. Indeed, the investment paid off. Today, Google provides more than 100 million searches for over 120 corporate customers (2001). Of course, not all small businesses make it big.
However, the examples of small businesses that just survive, or do okay, are not as well known as the ones that have broken records. First, what is a small
business exactly? Carr (2003) explains that during the past couple of decades, there have been attitudinal shifts in respect to small business. The small business, when viewed as an "economic
unit" is thought to be rather nurturing and equated with an "enterprising frame of mind" and this is highly valued (2003). It is viewed as a rather important economic asset
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