What Are The Potential Changes Of A Business - 915 Words

The Potential Changes of Our Funds Businesses The potential changes of our funds and business depends not solely upon the government, but as well as on the startup of new businesses. By having the government giving the opportunity of new startup businesses to create new businesses in the country; it will not only increase the country’s GDP growth, but it will also create jobs and bring in new technology from abroad. As for these reasons; we will consider the benefits of creating of a business, the taxes, and the fatalities of the downfall of a business. The creation of new businesses is one of the most important acts in a country. Some of the benefits that comes along with the creation of new businesses are the growth opportunity for†¦show more content†¦The rich tend to get richer, whereas, the poor tends to get poorer and have no authority over the big corporation wolfs. Sure thing, this taxation reforms may only benefit one party or even both, but at the end the low class will end up paying the price for it. McConnell states on page 165 under the section of Self-serving Bias â€Å"The term self-serving bias refers to people’s tendency to attribute their successes to personal effort or personal effort or personal character traits while at the same time attributing any failures to factors that were out of their control† (Flynn.) Which conflicts may come with new businesses? One of the conflicts in which may come with new businesses are the life expectance of these businesses. Sure; it is a great deal for most countries to have new businesses opening daily, bringing new technologies to the country, and helping the growth of the country’s GDP, meanwhile, on the other hand it may even contribute to the country’s fallacy and bankruptcy. By having the new companies not being able to survive the initial foundation years, there will beShow MoreRelatedSir Richard Branson Case Study1743 Words   |  7 Pagestransformed many entrenched industry practices by turning the traditional business model on its end. A unique approach to business is his hallmark and he is a person that is not afraid to challenge convention and encourages creativity. Lack of success in a venture is not a deterrent, rather a motivator as this produces opportunity. His personality and style of management combine to form a very formidable opponent in each business venture explored within his company, Virgin Group. Sir Richard BransonRead MoreGe Energy Management Initiative Essay examples1266 Words   |  6 PagesThe GE Energy Management Initiative (A) By taking the position as Raj Bhatt, Business Development manager of GE Canada, I am comfortable and confident that energy efficiency is an attractive industry and business opportunity. 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