vania-janet/multiturn-rag-retrieval-data huggingface dataset:
Because they can afford it maybe? I think the real question is why do businesses view taking care of their employees as a bad thing? I mean don't they want to build loyalty with their staff and reduce turn around?
Republican voters need to stop thinking that the GOP supports small business. In fact they dont, they work agressively to margnialize small business because small businesses dont have the political clout that large multinationals do. What happens in this scenario? You the small busienss owner end up subdiziding the cost of big business in the form of higher taxes while big corporations get away scot free. Stop believing that the GOP wants to help small business when the GOP has supported every pro-monpolization and pro-consolidation law for the past 90 years. I sympathize with workers who do personal care, other kinds of jobs where they really are at the mercy of the market, where making smart decisions that negatively impact employees is often a choice between staying in business or not.
&gt; If half of your failed aplicants are failing due to mj maybe its time reevaluate your requirements perhaps ?  A business actually in need of workers isn't choosy. This sounds more like someone wanting a private jet. Nice to dream about, but not needed.
The real problem with bean counters is a lacking of planning and accountability.  If those two things are managed well, then most of these issues go away.  Instead, what too often happens is that finances are cut and the individual contributors take the brunt of the consequences.
&gt; Your real problem will be capital to do what the place needs.  This is very likely.  Often effort isn't enough to pull a business out of a nose-dive.  A big part of bowling alley's money often comes from food and beverage sales (often booze), and that generally requires some well-maintained facilities, licenses, inspections, etc.  Of course there are creative ways to get around some of those problems.
"Not in the case of Steve Jobs!  He failed with Lisa, Macintosh, Newton, Next, almost brought Apple to bankruptcy, loss control of his company, and a terrible personality.  His ""success"" was the work of many gray people whom he took advantage of. Apple II was all Steve Wozniak idea and creation. Also the iPod and iPhone are other people ideas and creations.  Steve, was very good in marketing. Excellent in that area. That's it."
"Its worse than ""won't create jobs"".  It will destroy jobs.  The main reasoning is partly in the article:  ""tax rates don't matter if an investment is a good idea""  Job destruction occurs because there is less of a tax deduction for spending:  http://www.naturalfinance.net/2012/04/economic-justification-for-taxes-and.html  Executive assistants, newer computers, phones and company cars, conferences in Hawaii are all non-essential spending that when there is less of a tax deduction for that spending, get cut.  Normally investments are risky.  Paying for a google ad if it fails, at least gives a tax deduction.  Lower tax rates, means failures cause all of that investment to be lost."
They raised the minimum wage in my state.  Guess what?  Businesses are closing, especially bars and restaurants.  There are roughly half the number of bars than there were five years ago.  When you make the product too expensive people stop buying.  That is not a difficult concept.  Businesses around here became too expensive.  There are always options, from DIY to going without.  When something becomes too expensive, people stop buying.  This isn't some economic theory, *businesses are actually closimg.*
"In studying the great ""successes"" in business, it's clear that those who do the best have unlimited creative and business ideas, not just one idea, but many ideas all day long everyday. No matter what you decide for your current idea, document (write down) your process of each step that you took from idea to inception and track one or two key metrics alongside, so your list would look like this: 1. Socialize idea, goal revenue $0, total cost $0, time 26 hours 2. monitor money invested, costs, and hours of your time 3. Brainstorm: What's the quickest way to have one paying client 4. How will I track my customers? 5. How will I connect and communicate with my customers? 6. And on and on. From having an idea to implementation to even making money or a profit is quite simple, straightforward, and any book, mentor or online free content can show you how. What is ""hard"" is maintaining motivation, stamina, and creativity for when REAL challenges come up, because they will! Competition swoops in, in a way you that you (and the sage commenters at Reddit) couldn't have predicted, you are audited by the IRS and then owe way more in taxes than you expected from four years ago, you are sued for a small claims or worse, or you simply get bored or inspiration strikes in your heart on another great idea. Problems like this require REAL and thoughtful ""creativity and implementation"" on demand, all day, everyday. This is what starting a business is really about. Tracking your steps means that you can easily and quickly review what you've done and backtrack or try another idea instead of wallowing in mistakes, missteps, or hard problems. It's really much harder than it sounds, but once you can invent more ideas to solve a problem than there are problems, you can overcome most challenges. The framework is that, you want to start a business because it serves your customers, brings them enough value and delight to pay you, and you have a way to make a living yourself and/or sell eventually or have some ""exit strategy."
Yes, you should own a diverse mix of company sizes to be well diversified. While both will probably get hit in a recession, different economies suit different sized companies very differently in many cases, and this diversity positions you best to not only not miss out in cases where small companies do better out of recessions than large, but also in environments where small companies rate of growth is larger in bull markets.
There are a few reasons, particularly for businesses. The first is opportunity cost. That chunk of money they have could be used to get higher returns somewhere else. If they can borrow from a bank at low interest rates to finance their ongoing operations, they can use their cash to get a higher return somewhere else. The second is credit rating. For public companies, ratings companies give high emphasis to companies with large reserves. This strengthens their ability to pay back the loan should it become necessary. A good credit rating in turn let's the company borrow money at lower rates. When a company can borrow money at low rates, it circles back to the first point where they can now put their reserves to better use. The third is leverage. Companies can use the cash they have built up to leverage into a larger investment. Assuming the investment works out, it will pay for the cost of borrowing over time. For instance let's say I have $1 million to invest. I can pay all cash for a $1 million apartment building or I can leverage that into a $3 million building. Assuming I run it well, the tenants will pay for the cost of borrowing $2 million and at the end of the term I'll be left with my $3 million building.
It can certainly help build a credit score, but remember that businesses gain credit differently from individuals.  Depending on the country, there isn't usually a national register of business credit ratings the way there is for individuals.  The credit record you'd be gaining is with your own bank only. Banks will usually base your business credit record on revenue and transactional loads rather than merely on having and holding a credit card.  That said, it isn't always that easy to get a business credit card and so it is a useful thing to have for credibility with clients (depending on the type of work you do). A credit card can also sometimes work out cheaper (and faster) for financing small overdrafts than a regular business overdraft facility.  That said, I've found that larger loans over a five-year term can work out much cheaper for an established business than they would for an individual, even where the business itself has no history of using credit.
Well one of the main problems is the unsteady purchasing power of the money, and the unwillingness of the federal reserve to allow anything less than 2-3% inflation, when deleveraging requires deflation. A lot of problem is also regime uncertainty. Companies will keep large cash reserves on the sidelines if they are uncertain about the regulatory environment. A business man can't accurately plan his business if he does not know how much his productive output will be taxed 5 or 10 years down the road. For larger companies it may be the safer move to hold onto the cash and not put it to productive use.
The vast majority of founders also work long hard hours and end up with nothing -- little or no money, no security, no assets, etc. Maybe they feel good about it, but there's no reason they couldn't work on something that was more likely and get that money and that security and still feel good about that.
The perfect conditions to sell a business are when it is very valuable (lots of profit each year) and you've lost interest in growing it any further. Also if you're in a particular industry when everyone is dying to get into that industry (like the dot com bubble) those are perfect conditions to sell. Other things like low interest rates and excess M&A capital might contribute to good conditions, but the two cases above are perfect conditions.
It wasn't down to that one person, they didn't feel bad that it didn't work because I was right behind it, and it's my job to take responsibility. If it had been *their* idea that had failed, they wouldn't give any ideas ever again, and everyone else would be put off too. As soon as anyone tries to take personal responsibility, and they will, stick to your guns in supporting them.. stronger than ever. Now we're getting a lot of ideas all the time, they're having in-depth discussions amongst each other, they're pro-active, and so on. As a business we're doing much better now because of it.. profits are up 15% from last year and we've only just begun to kick things off, and that's going against a national trend downwards. We've had several critical changes to our shop layout, back-room organisation, results reporting, stock handling processes, and so on.. all from volunteer ideas and feedback. So the 15% is actually the tip of the iceberg, what we've got in place now should allow us to grow more quickly too. And remember, you can make suggestions too of course.. but they're just that, suggestions. Suggest them to your employees, speak with several of them, then get back to them when you've made a decision. Don't say ""I'm thinking of trying this"", say ""I was just thinking.. what about this? Do you think it would work?"" and talk about it. Think of arguments against your idea, see if they counter them, and so on. Now.. how many of these changes did I think of before-hand and want to enact? About half.. so we've got a significant number of successful ideas that I personally hadn't thought of, everyone's happier and working harder for the business, and we have a bright future. I have more ideas too, and people listen to and respect them now just like I have with them. I think that's the key to it all really.
"I'm an attorney so you'll have to trust me when I say that anything can make it to court. Especially if the people threatening litigation have the resources to pursue any claim, no matter how weak it is.   Yes, the small business may win a motion to dismiss, but by that point you've shelled out a decent percentage of your profit on legal fees to draft and file a motion to dismiss.   And if you end up with a judge who isn't that familiar with IP law, he may not even grant the MTD, and you'd end up shelling out more money for either a summary judgment motion or a full on trial. You may eventually win on appeal, but by then you've spent a small fortune, far and above anything you would have made in profits.   Then there's also the question of whether they actually *have* a real legal claim. I'm not an IP lawyer, so can't say for sure. But given that we live in a world where someone can trademark the phrase ""You're Fired"", I wouldn't be surprised if certain jurisdictions would decide that this suit design is associated with the fighter's brand. And if they do, then they would lose on appeal too."
Probably marketing if the degree is of high quality. Marketing is a the bottleneck  of many businesses.   But there are at least some things about entrepreneurship he should learn, like customer development by steve blank.  But i actually think instead of learning, trying hard to think of a good business , and succeeding in getting into a good accelerator, like y-combinator, is the best education for funding a growth startup.
The main reason why most investors and businesses end up selling up or closing down is due to insufficient cashflow. It may be a profitable business, or the value of the property may have increased since you bought it, but if you don't have enough cash every month to pay the bills associated with the asset you will need to sell it. If the asset produces enough cashflow to pay for all the expenses associated with the asset, then you don't have to fund the asset through other sources of income or savings. This is important in two ways. Firstly, if you are working and suddenly lose your job you don't have to worry about paying for the asset as it is more than paying for itself. Secondly, if you don't have to dig into your other source/s of income or savings to sustain the asset, then theoretically you can buy an unlimited number of similar type assets. Just a note regarding the mortgage to buy a house you live in being classed as bad debt. Even though in this definition it is considered as bad debt, there are usually other factors which still can make this kind of debt worthwhile. Firstly, you have to live somehere, and the fact that you have to live somwhere means that if you did not buy the house you would probably be renting instead, and still be stuck with a similar monthly payment. Secondly, the house will still appreciate over the long term so in the end you will end up with an asset compared to nothing if you were renting. Just another note to mention the definition provided by John Stern ""...debt is a technology that allows borrower to bring forward their spending; it's a financial time machine..."", that's a clever way to think of it, especially when it comes to good debt."
I'm not sure why you're getting downvotes.  Digital/internet companies are one of many types that excel for individuals because they have extremely low overhead. It takes barely anything to start up if you're doing something like consulting, advertising, etc.  Brick-and-mortar businesses are a much higher risk.
I'm more getting at what are the biggest losers but I get that it depends on too many things to say before something actually happens.  Ex. Construction &amp; development companies won't have much work during a recession because...
They pay nearly $900 million per year in income taxes. Their effective rate is low because they have deferred tax assets, which means they paid more in taxes years prior in order to get a lower effective rate now. Additionally, they have a net loss carryforward, which allows a business to reduce their tax burden two years prior or up to 20 years forward after losing money.
So, my econ 101 class taught me that a business operating at a point where revenue equals cost is successful. Failing is when costs are too high, and above that is profit.  As a society, we've chose to tax profits, not revenue.  The fact that many of Amazon's vendors (FedEx, ups, companies they buy hardware from, etc) are profitable and paying taxes on profits they wouldn't have without Amazon says something about the overall value they bring to the economy. Also, states collect sales tax on good sold. EU countries collect VAT. And all countries collect capital gains when shares change hands. The fact that there's low turnover in shares isn't really a problem.
Those IT people would around a corporate level maintaining a closed system.  I also don't think you can compare the failure rate of consumer printers, which are made / sold dirt cheap as a way to sell ink, to driver less cars.
PE can be misleading when theres a good risk the company simply goes out of business in a few years. For this reason some people use PEG, which incorporates growth into the equation.
You're competing with everyone from Walmart to the corner convenience store, and you will be asking everyone and their brother to join up. And many of them have already been pitched it, if they've been around long enough. The bargaining strength of your customers (they have lots of alternatives) and suppliers (their over-priced pricing structure is set in stone) is pretty strong. You have immense direct competition and product substitutes, and anyone else can go into the same business as you. Your competitive position is extremely weak. It's almost guaranteed to fail. You probably don't have the skills, you'll burn your relationships, and you'll make more money doing almost anything else.
When they stop paying fines and damages for these issues and stop losing money by screwing up? When they do illegal things on a wide scale in the portion of business that actually matters in terms of profit and revenue - IB and corporate services.   Why would they be a criminal Enterprise after having 2 widely publicised issues that realistically affect a tiny portion of its business?
The problem with small claims is that collection of the money is still up to you.  If the loser just doesn't have the $750 to give you, then you'll still have a very hard time collecting.  If the dispute is about whether you are owed the money or not, then small claims might be a good point as you can get a judgement in your favor.
There are many basic services that the business should be offering but are not. This can easily increase sales by 100k per year. Due to old age of the owner, he refrains from doing so. I just want to make sure the business is in good standing on the books.
On a personal Loan Yes. On a business loan, it would depend on the Bank and they would like to understand the purpose of the loan and need it to be secured. They may not even grant such kind of business loan.
"If you ""do business"" in a state, then you need to register your business in that state.  I suspect that you have a misconception of what it means to ""do business"" in a state.  If you are a 1-man shop, then you very likely are not doing business in any state except the one state where you work. Examples of when you are doing business in a state include having an office in the state or having employees in the state.  Merely selling something to a client in that state is NOT enough to be doing business in the state. Each state is different, but unless you are doing something that is, in some sense, close to having an office or an employee in a state, then you have nothing to worry about.  For example, if you regularly travel to a state to do work for a client then it is possible that you could be doing business in that state (I have no idea if that would be sufficient in any state).  But if you are just working out of your basement running a website, then you are only doing business in your own state."
Going into a business with the potential to grow is the high risk/high reward option. If it pans out, you could do brilliantly, but there's a very real chance you'll work like a dog for years and have nothing to show for it at the end other than debt. Even if the business is successful, if you aren't careful with the structure, you might not benefit.  Do all the research you can, so you can understand the risks and opportunities as much as possible. Then you can evaluate whether it's worth it.  Welding is something you can always go back to if the business doesn't pan out. If you go with the business plan, have some criteria for success or failure. Don't end up caught in the sunk costs fallacy. If the business isn't going to provide a better life than working, pull the plug early.
Local smaller stores are much less efficient than large stores like Costco and Walmart. All that would do is drive up prices and make people with minimum wages have to spend even more for basic necessities. It's a two way street.
They are using several banks, hedge funds or other financial institutions, in order to diversify the risk inherent to the fact that the firm holding (a fraction of) their cash, can be insolvent which would makes them incur a really big loss. Also, the most available form of cash is very often reinvested everyday in overnight*products and any other highly liquid products, so that it can be available quickly if needed. Since they are aware that they are not likely to need all of their cash in one day, they also use longer terms or less liquid investments (bonds, stocks, etc..).
This is what all the guides and business advice places I've checked out seem to say. Limited company down the line possibly depending on whether I employ people or outsource that work to others or whatever (given the nature of the business).
While true, I don't have capital.  The VC does.  And while whatever my product is is in development, I'm haemorrhaging that capital on things like food and rent.  If I want to make more, my startup is put on hold while I find some paid work.    The dollar signs are an incentive for the VC to help make your business a success.
"There is something to be said for government-funded high risk R&amp;D. Startups which receive SBIR grants are much more likely to reach commercial success. Also, ""high-tech"" firms receive far less of their funding from private sources since they are generally higher risk. Because much of our recent growth has been in high-tech industries and because most high-tech startups get funding from public grants we have seen an increased importance of programs like SBIR. Just to substantiate this claim, here is a [source](http://www.springerlink.com/content/a684510qk6600666/fulltext.pdf) which shows that high-tech firms with less than 1000 employees in the US receive on average between 33-39% of their funding from public grants. In comparison, in the UK it is 6-11%. It is no coincidence that America has led the world in both public R&amp;D spending and innovation."
"What is it with every large company with millions of customers - ""what can we do to keep the people who aren't our customers happy?"". As small business owner I'm drilled to look after my existing customers. If I start ignoring them and focusing on those who aren't my customers, maybe I will be an enormous conglomerate."
Are you suggesting when they break a law involving a small portion of their total business they pay fines involving all portions of their business?  I'm suggesting when they break a law, they pay fines related to the crime comitted. So relating how much their fine was on a tiny portion of their business should not be compared to total quarterly profits, unless those profits were related to the crime. Similar punishment methods to most crimes individuals commit.
"Every company has ""capital"". Even if you have a one man company, you probably stated something like ""100 shares of $1 each"", which means you had to take that $100 out of your own private pocket and pay it into the company.  When the company loses money and runs out of cash, they have the possibilities of (1) borrowing some money from the bank, or from a loan shark, (2) borrowing some money from the company owners, or (3) increase the share capital, for example by increasing the number of shares to 10,000 and each share holder pays his part of the $9,900. That's the case that you have here.  However, it is only a ""liability"" in the sense that it isn't money the company earned, it is money that the owners paid in. They have no right to get the money back; the paid-in capital is actually what the owners lose if a limited company goes bankrupt."