Proposal Assignment Example | Topics and Well Written Essays - 500 words - 2

Proposal - Assignment Example Registration with the government authorities will offer a proper means of tracking such fraudsters. All Websites operating as sells agents without registration should be closed down with immediate effect so as to safeguard the welfare of the members of the public. The law will ensure that only registered firms and organization that can be held liable in cases of fraud are allowed to operate in e-commerce (Manzoor, 2010). The proposed law is set to offer a good environment for the online business organization by ensuring fair and healthy competition. This will enable the businesses to make good profit reducing the risks of having their operations terminated by the authorities (Dholakia, et. al, 2002). The proposed legislation will hinder small scale businesses who cannot meet the terms of registration from taking part in online business (Khosrow-Pour, 2004). Businesses that desire to sell their products online under short-term notice cannot do so as they have to comply with the registration requirements. The legislation will prevent online shoppers from obtaining products at low prices from unregistered online suppliers. Consumers who do not want to engage in official sales terms are likely to lose after the enactment of this proposed law. Unintended consequence likely to emerge from the proposed law is reduction in the number of organizations that take part in e-commerce and this is likely to have negative impact on the economy. Companies that fail to register with the authorities will have to find other means of selling their products besides online business (Plant,

Small Business Case Study Example | Topics and Well Written Essays - 2500 words

Small Business - Case Study Example With the impetus given by the government on creating infrastructure, not only for the local population, but for the perceived needs of the tourists, I had a feeling the tourism industry would pick up in a great way in our region. There have been fast food joints operating in our area for quite sometime, but these predominantly serve American food. There were one or two eateries serving local food, but the service was not upto the mark. The need of the hour was to open a restaurant which could cater to an international clientele , and yet allow them to experiment with the local cuisine, if they felt like. Yes, I had made up my mind to exploit this potential and open a budget restaurant,which could cater to the growing number of tourists, who wanted to have cuisines from all over the world and were willing to experiment the local flavours too. Location plays a very important role in determining the success or failure of a business venture, especially a small business venture, like an eatery. The business and revenues would most certainly depend on the number of persons visiting this outlet. So, I had to make sure that it was in the heart of the city or such appropriate place , where tourists would flock for a good bargain. Luckily, an existing eatery was on sale, very close to the city center and I finalized on it. It had only one floor built, so, I could add some more floors, in case my venture was successful. Finance/Credit The cost of the building with the existing unit was 5000. Mobilizing such a huge amount was a nightmare. Somehow, I was able to mortgage my house and apply for a loan from the Bank of . My papers were cleared and I had been sanctioned and amount of 3000 from the bank, to be repaid over a period of ten years. I was able to arrange the rest of the amount as loans from friends and relatives. Next I had to think about the workers, their salaries, cost of renovations etc. Workers We decided to start with a minimum number of workers. The family members would have to pitch in as and when they had a chance. My wife and I would take care of the restaurant in the day and my college-going son was asked to help in the evenings, as the rush would be too much for the two of us to handle. So, we needed minimum help in the form of 1. cook-1 2. servers/helpers-2 Apportioning a salary of 100 for the cook, and 50 each for the servers, we would have the rest of the profits. The cost of raw materials had to be factored in, which would work out to 100 during lean days and any where from 200-300 during the tourist season. Marketing Investing a reasonable amount in marketing and creating consumer awareness has its own benefits for any business. We set aside a sum of 500 fro placing advertisements in in-flight magazines, and pamphlets to be distributed at tourist spots. Once people starting visiting us, our reputation would depend more on the word of mouth. We had to be very careful in treating each customer and paying individual attention. Our place had to be spanking clean and