Business Field Business And Managing Your Own Company

Have you ever thought about going into the business field? The business field has so many opportunities for a person to choose from. It is a certain field where people can actually show off the type of skills and techniques they have learned in their past experience. If a person were to go into the business field, they should be the manager of their own company because you will learn about financing your business, expanding your business and managing your employees. The first goal in managing your own business is financing your business. The financial aspect of running your own business is very significant because it is the component of a company’s operations. As the head of their organization, entrepreneurs should take into consideration by following two simple steps: (1) Acquiring Financing and (2) Account Issues. The first step is acquiring financing. They are many different ways to acquire finances when dealing with the business field. In the article, â€Å"Financing Your Business† by â€Å"Small Business Resource Center†, it states, â€Å"Businesses can find initial financing in a number of ways. Angel investments and venture capital are invested in companies in return for high profits and partial control of the enterprise. Businesses can also take on financing in the form of debt. Debt financing involves a company taking a loan from a lender and guaranteeing it will repay the debt owed to that lender, with interest, b y a specified date.† This quote states that the ways to acquireShow MoreRelatedBusiness Management : Successful Competitive World Of Business971 Words   |  4 PagesBusiness management is defined as the act or practice of running a business. Managing is the process of monitoring, controlling, leading, organizing and planning. In the work world there are many opportunities for this major. 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