A Business Plan For Nouveau Riche - 1694 Words

You Are An Entrepreneur! Ariel Keaton Professor Kenneth Guyette ACC 557 – Financial Accounting Abstract The paper presents a business plan for Nouveau riche. Nouveau riche Boutiqueis a fashion retail store located in Charleston, SC. It is a sole proprietorship and is managed by the owner. It sells fashionable clothing, shoes, purses and accessories. The business plan will also presents the projected sales analysis, projected profit and loss, and projected balance sheet in the next five years. Also, the two accounting principles is being discussed in this paper. The paper will differentiate the Generally Accepted Accounting Principles (GAAP) from the International Financing Reporting Standards (IFRS) and will choose what principle†¦show more content†¦The behavior of an entrepreneur is essentially rooted in its choices or self-determination that leads to realistic actions like developing a business plan, registering a business, lodging a patent application, acquiring resources (Mueller, et. al, 2012). A good entrepreneur should be proactive on its business venture. In todayâ₠¬â„¢s competitive marketplace, a business owner or an entrepreneur’s proactive behavior will help in the running of the business and planning for the future. A business plan is a very significant tool in start-ups. A business plan is like a road map. It provides a business owner with direction and guides a start-up entrepreneur in developing a business (Moskwa, 2014). A business plan should define what you’re going to provide the potential market. It should state the value of the business, its competitive advantage, the target market, and will the market of your choice be interested on what you offer instead of going to the competition (Moskwa, 2014). â€Å"nouveau riche† Business Plan Executive Summary Nouveau riche Boutiqueis a fashion store and online fashion retailer which caters to women of all ages. Nouveau riche Boutiquewill sell trendy, fashionable women’s shoes, clothing and accessories. The store will showcase the latest trends in fashion. It is an off-price fashion store, trendy yet affordable. Nouveau riche Boutique is a sole proprietorship in the name of Ariel R

Gdp Research Paper - 645 Words

Gross Domestic Product (or known as GDP), is defined as, â€Å"aggregate output as the dollar value of all final goods and services produced within the borders of a country during a specific period of time, typically a year† (McConnell, Brue, amp; Flynn, 2012). This measures the value of the output in monetary terms, and you can check current trends of the GDP by taking a look at the Bureau of Economic Analysis website. Today, we are taking a look at the â€Å"Release Highlights† link to check the most current trends within the GDP. In the BEA release highlights document, you can see an increase if the GDP within the third quarter, which allows corporate profits to pick up. The document states that â€Å"increased 3.1 percent in the third quarter of†¦show more content†¦In the chart, you can see that 2010 was more of a steady year in the economy and GDP percentage. It almost stayed the same throughout the year with a slight increase from the first to second qu arter, then a slight decrease and increase coming into the third and last quarters of the year. Based on the data that I have researched, I predict that for the duration of this year, the GDP will most likely increase, but not dramatically. According to Bloomberg’s business website, â€Å"The world’s largest economy is likely to skirt the worst damage from the so-called fiscal cliff, the more than $600 billion of federal spending cuts and tax increases that will automatically take effect at the start of next year unless Congress acts† (2012, Bloomberg.com). I got to this conclusion due to the fact that throughout last year, consumers and companies put a restraint on their spending. It did not hurt so much, but did not help as much when it comes to growth in the GDP. Works Cited * McConnell, C., Brue, S., amp; Flynn, S. (2012). Macroeconomics: Principles, Problems and Policies, Nineteenth Edition. McGraw-Hill Companies, Inc. * (December 20, 2012). GDP GROWTH ACCELERATES IN THIRD QUARTER. Bureau of Economic Analysis. Retrieved on January 25, 2013 from http://www.bea.gov/newsreleases/national/gdp/2012/pdf/gdp3q12_3rd_fax.pdf * Kearns, Jeff. (OctoberShow MoreRelatedState Regulation On Uber And Cab Drivers Essay1322 Words   |  6 PagesIntroduction The history of regulation could be traced back to the ancient civilizations such as standardized weights and measures in ancient Rome, paper currency system in China, and others including Egyptian, Indian and Greek (Plagiarism, Wikipedia: The Free Encyclopedia). 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World Religions †Buddhism Free Essays

The idea of a â€Å"union of opposites† pervades Taoist writings and exerts a tremendous influence over the root philosophical concepts of Taoism, encompassing issues which may be considered metaphysical or even mystical, but also influencing issues of applied ethics and personal behavior. The idea of conjoined opposites begins at the root, metaphysical level of Taoist thought which asserts that â€Å"being and non-being give rise to each other†; a stark departure from Christianity which posits that God is eternal and so has always been (Chen, 1989, p.  55). We will write a custom essay sample on World Religions – Buddhism or any similar topic only for you Order Now This metaphysical assertion continues from the macrocosmic (universal) to the microcosmic (personal) levels, where opposites are seen to give rise to the world of motion and being: â€Å"The difficult and easy complement each other, The long and short shape each other, The high and low lean on each other, Voices and instruments harmonize with one another, The front and rear follow upon each other† (Chen, 1989, p. 55). Following up on the universally derived union of opposites from a macrocosmic level, the Taoist asserts a union of opposites, also, within the self and in regards to personal conduct: â€Å"the sage manages affairs without action,† and therefore should practice â€Å"creative quietude† in pursuit of personal wisdom and even ambition. The idea that opposites are, in nature, united through the Tao means that moral divisions are also damaging and artificial. The true sage accomplishes merit † without claiming merit† and since â€Å"he does not claim merit, His merit does not go away† (Chen, 1989, p. 55). Such seeming paradoxes are often difficult for Westerners to understand The idea that the universe itself could be comprised of a union of opposites, rather than a pervading and omnipotent single-Creator is not compatible with idea of Christianity which elevates a dualistic vision of the universe with good and evil at odds with one another and a single, benevolent God. Taoism seems to reflect a much more organic and complete of vision, at least in my opinion although the extension of Taoist philosophies into western religion is probably not something which will happen any time soon, such a â€Å"union of opposites† would provide a rich synthesis of spiritual and philosophical ideas. References Chen, E. M. (1989). The Tao Te Ching: A New Translation with Commentary (1st ed. ). St. Paul, MN: Paragon House. How to cite World Religions – Buddhism, Papers