business ownership
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Transcript of business ownership
Retail Business Owner
Levi McCurn
What they do
make sure that retail businesses function smoothly and efficiently, and provide quality goods and services to the customers
interview, hire, train, and evaluate personnel, as well as prepare work schedules and assign workers to their specific duties
How to start up your business
bachelor's or master's degree in business administration with an emphasis on marketing. Courses in business law
management economics, accounting, finance, mathematics
statistics are advantageous.
In addition, the completion of an internship while the candidate is in school is highly recommended.
University of Iowa
4 years in business administration plus many marketing classes
Annual tuition= $5,782 + room and board, other fees, total= $11,675
Pros/Cons
Pros
Important Community member
Success of owning business the way you want
Happy/loyal customers
Keeping up on latest trends
Cons
May not take off right away
Need a large loan
Customers may not like what you have in stock
The Environment
In a Store
Positive vibes
Knowledgeable employees
Feeling of new merchandise
Earnings and rewards
Average/Starting= $43680
With Experience=$62500
Resources
Chamber of commerce web.06-May 2011
Estimated cost of attendance university of Iowa web. 06-May 2011
Moore, Bj. Personal Interview. 07 – May 2011
“Retail store manager.” Occupational Outlook Handbook, 2010-11 Bureau of
labor statistics. Web. 06-may.2011