Philosophy of Business Pay Rates

These are some of the philosophies regarding business: [1] Price Reductions: If wages diminish, prices should diminish also. On the world, population grows greater. Due to insufficient quantities of money, prices should diminish . Prices of products should also diminish due to increased business from a larger clientele. [2] Warranty on products: In the early 1800's and prior, products wee manufactured that remained functional for over 100 years. there were a very few purchases of the products. There was usually only a single purchase that lasted for a lifetime. There was no maintenance on the product. Businesses experienced lossage of clientele and purchases. If he products would have failed, the companies would have made a better profit. Presently, products may be functional for only a few years instead of the mandatoric lifetime. Businesses proliferate due to more sales. Since there is a higher quantity of people, products should be functional for hundreds of years to make sufficient resources for everyone.

Future Large Business Communications: DTMF

For future communications, large businesses will set up ham radios throughout he world. When calling to foreign countries, a DTMF system will be used for the call. The ham radio overseas will intercept the call, and retransmit it to a landline or cell phone. The worldwide calls will be free of charge. This will save huge expenses in telecommunications.

Extrinsical Large Business Funding

Most large companies set up subdivisions overseas. If the American economy collapses; for example, the foreign economy funded businesses will prevent the American business from going bankrupt. It is for that reason industries, and large company businesses are being constructed overseas; as well as lower taxation rates, cheaper labour, and other reasons.

Starting a Business

There are many things to consider when starting your own business. Here is a description of what is necessary to start a business: First, determine what size the business will be. Here the types of business sizes: [1] A full business with all employees. [2] A partial business with leasing other business services [3] A very small 1-5 person business with leased services exclusively. Businesses require many types of personnel to be successful. Here is a list of personnel: [1] C.E.O.: only large to extremely large business should have; and can afford, this personnel. [2] Department managers: These personnel monitor and control department functions properly [3] Specific Personnel: These ate the actual workers in a business: [1] Financial Managers: These personnel monitor and control finances [2] Marketing Researchers: these personnel determine public demand of a company product. [3] Marketers: these people assist in the selling of products [4] Advertisers: These personnel advertise products [5] Distributors: these people deliver products to markets [6] Tax Attorneys: These personnel prepare business taxes at the ultimate level of savings; but, are extremely expensive. [1] C.P.A.: These personnel are an economical tax preparation service for businesses; but do not save money. The Certified Public Accountant will suffice for small to small medium sized businesses. [7] Bookkkeepers: These personnel keep complete information about businesses. Sometimes they prepare taxes for added economy to smaller businesses. Finances and other data is kept on record by these personnel. [8] Secretaries: These personnel range from dictation personnel to full service personnel to provide phone services, tax preparations, bookkeeping, purchasing, scheduling, and numerous other services. They are the most economical; and economical of all personnel due to extensive services they provide. [9] Purchasing Personnel: These personnel purchase materials, supplies, and other items for the business. [10] Appraisers: These personnel appraise properties, and other items for efficient cost effective purchasing. [11] Personnel Manager: A personnel manager knows what personnel to hire; and how many, for any company. The personnel manager specializes only in staffing businesses. They are very expensive; however. [12] Grant Writers: Grant writers obtain funding for non profit businesses. They are very expensive for first time business personnel. Some people purchase the book "Grant Writing for Dummies". That book provides professional and accurate detailed information on how to obtain grants and write grant requests personally. These are a basic description of personnel duties: [1] Schedulers: Usually secretaries create schedules; however, in some businesses, business managers or other personnel create schedules. Schedules are relayed by computer, by phone if a secretary takes it, or other personnel. Secretaries may also call the specific people to remind them of their schedule. Some companies offer extrinsical services for phoning in appointments, calling to remind of appointments, make wake up calls; as well as to remind personnel of what to bring to meetings and other events, what to wear, and other pertinent information. [2] Engineers: Anyone who designs anything; as well as those who redesign something, are engineers. Whether the design is for aerospace, fashion industries, phone design, automobile design, or other design, they are engineers. Engineers work closely with architects or CAD/CAM/CAE operators to provide a 3d virtual design of the item. Fashion designers are classified correctly as Fashion Attire engineers. Due to the extent of data this article requires, this article will be completed in parts over a period of time.