Why start a small business

When people may want to start a small business:
The official definition of a 'limited small company' is to meet two of the following:
· annual turnover must be ?,600,000 or less;
· the balance sheet total must be ?,800,000 or less;
· the average number of employees must be 50 or fewer.
l When you are not sure if your market is profitable or not, you may prefer start a small business

to reduce the risks.
l When you do not have enough money, but you want start a business, you can choose start a

small business, because you do not need prepare a lot money to start your business.

l A 'small business' can be a limited small company or a non-limited company that has a sole-trader or partner as the proprietor/s. With sole traders and partners the total profits and wages

earned by the business are taxed on a personal basis if there are two sole traders in a business who have 50% ownership each, they will each have to pay 50% of the tax burden.

if a company wants to produce a new product, but their main marketing can not add this new

product , or the new product have marketing by itself, this company may start a new business,

and because they do not sure it will successful or not , they will start a small business to research

first.

Evaluate a question about economic

Question: All other things being equal, lower inflation in an economy is most likely to be achieved if there is an increase in
A: productivity.
B:exports.
C:consumption.
D:welfare benefits.
The answer is A
Because we know that inflation is an increase in price level so it means that demand is high. In this
question we know it is"lower inflation"which means the price level is lower and aggregate demand
too, but if exports are very high this means that injection is high, and the income of the
government will increase,as well as the income per capita, so they, in turn, will spend more money to buy products
,and the aggregate demand will increase,leading to a rise in inflation. So this is not correct.

The same reasons of consumption and welfare benefits, both of them are increasing the aggregate demand and thus an increase in inflation. So I choose answer A , which is productivity, because in order to decrease inflation we need to decrease aggregate demand , therefore,if produce more goods to
satisfy demand , the aggregate demand will go down,that is why I choose the first answer.

unemployment

Unemployment is viewed the number one problem in China now and the government has launched a major attack on the problem. The steps the government has taken to deal with unemployment are' as follows. Firstly, unemployment fund has been established to help the unemployed workers to support themselves. Secondly, the unemployed receive vocational training, which is expected to pay off in the short term and give the unemployed an advantage in the job market. It is due to the lack of professional skills that these workers have lagged behind in the society. These training programs aim to equip the workers with some special skills, such as typing, sewing, and cooking. Finally, psychological advice is also available, since unemployment, apart from exerting financial pressures, brings enormous psychological discomfort. With the advice, the unemployed will learn how to adapt to the fierce competition in the technological age. With the joint efforts of the government and the society, we are optimistic that we can win the current war on unemployment.

news

http://news.bbc.co.uk/1/hi/business/7904628.stm
This news talk about quantitative easing to encourage bank lend money to people , because it is
effectively allows the central bank to write cheques to banks in exchange for assets, and it can help
economic recovery. The interest rates lower than before is seen to be diminishing.As the world
economy cools, and access to credit remains expensive or hard to obtain,
UK policy makers have been looking of different ways to encourage the banks to lend again.

No title

I never think about I will study in UK before last year. But in 2008 I make a significant decision,
which can change my life , I want study in Canada. Nobody in my family can understand, they
thought I was crazy, but I just said, I do not like study in China, i think it is waste my time, I know
China need this education policy, but I do not think I can study here and become successful. After
my explain, my father agree with me, my mother also , then I give up my education in China when
I was studying senior 1 . When I leave my school, it means I lost a lot, but I can look for what I want.
Not everything is smoothly., I meet some trouble with my visa to go to Canada, I really like Canada
, I do not know why, when I heard this I wanted cry, because that means I can not go to Canada.
The first agency is bad, they hope me change a place which is Australia, but I did not want, I just
wanted to go Canada, that is my only place I wanted to go.After 2 weeks, my mother said I need
make a new plan , because I did not have enough to wait, so my father gave me a advice which is
go to UK to study, because he has his classmate there. Even though I really did not want to go , but
I know I can not waste the time , this is the reason why I want go to Canada to study.
7/7/2008 I come to UK,this is my first time to go abroad, everything is new for me, but I want to face all of the
challenges.
I never think about I will have Spanish roommate.
I never think about I will live in a host family who from England.
I never think about I will make friends with the people who from other countries
.........Everything is new........
8/29/2008/ A-level start...
At the beginning, I thought I was OK, I can understand what teacher said...
But after one month, everything get more difficult, I started can not understand the lessons...
More and more questions for me become difficult, I tried to understand them, but it is like
impossible. After that, I know my most important problem is my English,,,it is so poor until
now,,......

Now,, I understand, everything successful or not depends on yourself, I come to here in older to my dream,if i am lazy , the result is "FAIL" but if I work hard, I will become a successful person.
Thanks for the people who ever help me and try to help me , because of you, I know what should I
do.Thank you very much.....
At the end I want to say your dream will be true or not , you are the only person who can decide it.

encourage

For people , encourage it is very important, because it can effect a person is successful or fail.
Because there are two types of encourage , one of it is positive which can make a people become
successful.For example , in a
company the boss need make some appropriate encourage to the labour, it can improve the
efficiency which means help the labour work hard, and people work hard, the efficiency go up ,
so the profit will increase, the company close to become successful if they keep work hard.
One of the encourage is negative , which can make people become fail. For example ,
when some teenager do bad things , they may do not know that is so bad, because they
can not compare , at that time , if their parents say they did that bad things very well, the
teenagers will keep do bad things , because when they did that, their parents said it was good.
And then the teenagers may be do some things very bad lead to break the law,,...
At the end I want to say ,,,,Mr ### ,,some times ,,,you can try to encourage somebody ,,
and maybe she will become better...,,,,,,;)

If a boss too good for his labours

If a boss too good for his labours , it is not a good thing. Because if a boss like that , it may means
this boss will indulgent with his labours, therefore the labours become lazy , they do not want do
more works, when they should finish work , they just do half, or delay, also they meet some problem
they will ask him to help, because he is a "too good boss" , then this boss will see how his company
bankrupt , the reason is nobody in there want to work hard , even though that they also can earn
money from the company, because they have a GOOD BOSS,and inefficiency means this company
will get a few income, and then they will face a lot of problem , like cash flow, no investment, if the
boss realize that he maybe wrong and decide to change the way to manage , maybe he will
redundancy .....

Chapter 6

Success stories to help small business growth

I've read a article which talk about small stories on a business book in HSBC when My aunt went to
save money.
Now I will talk about how success stories to help small business growth.
There is a example that I will show you .
One hundred of the UK's brightest success stories including a mix of successful small business are
sharing their tips with other companies and organization as part of a royal mail initiative to help UK
firm thrive.
These lead lights are sharing stories and provideing advice through a new online service developed
by royal mail, which allows business to create free tailored growth packs.
A specially designed microsite asks business to fill in a short qustionnaire,and analyses the
information to create the free growth packs full advice, product and service recommedations and
inspiring case studies from companies like theirs
.Advicerange from information on finding new customers to new ways of saving time and money.

chapter 5

Which one you want to buy?

They are same price, one of it is the T shirt which you like but the quality is bad, and another

one is the T shirt which is a famous brand , but you think the style not very good, but it is OK.
So which one you will buy?
Now i will evaluate this question which I was thinking about today when I was shopping.
people who choose the T shirt which they like and the quality is bad,they will think about

because they like this T shirt even though the quality is bad, and the price same as another

one , but they may wear that t shirt twice a week.also people willing to pay the thing which

they like.
People who choose the T shirt which is a famous brand,but they think the style not very good , but it is ok,usually this people are kind of who interested in famous brand products. So they would like buy this one , because the style not very very bad. But the thing we should think about is if the T shirt they do not like so much , they may wear it twice one month, it is waste.
Therefore ,at the end, I choose the one which I like.

chapter 4

corporate culture

Budget surplus

What is budget surplus?

Budget surplus is when taxation is greater than government spending

Why might government make a budget surplus?

according to AD=C+I+G+(X-M),

that I think , because the aggregate demand increase , consumption will increase, it may lead to

inflation and in order to deal with inflation, the government need make the aggregate go down,

therefor they increase the tax , the disposable income goes down, aggregate demand goes down,

and inflation decrease

BMW's Mini Cowley plant in Oxford(business)

http://news.bbc.co.uk/1/hi/business/7892538.stm
Yesterday my host father showed me a news which is the carmaker confirmed 850 job cuts at the BMW's Mini Cowley plant in Oxford .
why this happend?
I think , because of the recession , the aggregate demand goes down , and the consumption decrease too, that means people do not want buy new MINI cars,the demand of this car go down,
The income of the company go down,because of this , this company may face the problem which is cash flow, they do not have enough money to make cash flow work which means they may can not give their labour wages .Therefore, they need think about some ways to deal with this problem,
The way is redundancies and it can decrease the cash flow . In fact I think they can use some other ways , for example, decrease the supply or decrease the cost which means cut the sell price,, not a lot but a few, and also can add some benefits, like buy a car get something free. Also they can look for some investment , even though the chances are less than before, but they need try, because they have a famous brand of their products, some people will interested in.

Budget deficit (Economic)

What is budget deficit ?
Budget deficit is when the taxation is less than government spending.
Why might a government make a budget deficit?
Because it's budget deficit ,that's means taxation less than government spending.If the taxation less
than government spending ,the aggregate demand goes up.For example , now , all over the world
we face recession, consumption decrease,leads to the aggregate demand going down,
The government in order to deal with the problem uses budget deficit, they reduce the tax,
and may give the benefits to unemployment, and make the demand go up.So if the government
spending go up that's means consumption will go up and aggregate will increase too.

what is the effect of economic if consumption of alcohol goes down

Firstly what the government may to do for decrease the consumption of alcohol.
- legislation
The government can draft legislation , for example , just the people who over 20 years old can drink alcohol.and according to the date let me know a new licensing laws are due to come into effect on November 24, meaning that pubs and clubs will be allowed to serve drink for longer. I do not think this is a good law, opposite , I think this law encourage people to buy more drinks . So I think the government need cancel this law , and narrow the gap between 8:00 to 12:00,etc.
-advertisement
the government can make people know how bad to drink alcohol. And also third of men use alcohol to
Deal with stress , the government may make some ads for this type of people , like make ads talk about
How to deal with your stress without alcohol.etc.
-Increase the tax and interest rates
The government can increase the tax attend to increase the price of alcohol, if the price go up ,
people
Will not buy it like before, they may can not afford it , so the demand of it will get down. And about
Increase the interest rate , in older to decrease the investment of alcohol, because if the investment go
Down , the quantity of produce will decrease , and they company will sell less alcohol than before to
People. Etc.
-encourage the firm to produce some substitutes
If the government can encourage the firm to produce some substitutes , like juice or some thing else,
The consumer will buy another drink instead of alcohol.etc.
According to these ways , now we can talk about what is the effect of economic if consumption of
Alcohol go down.
if the consumption if alcohol go down that mean the government will loss a lot of income,
Because of the market of alcohol is huge, but at the moment the NHS, criminal , and the crush of
the
Public equipment will decrease , that's means the government spending will go down because of
those
Reasons,and I think it is more than government lost .and also if the consumption go down which
means
People drink less alcohol, the health of people will get better, and they will have longer life, because
Of that , the retire people will increase ,also unemployment people etc will increase , that's
means
The government will give more benefits to those people , and the government spending will

increase
Again.
At the end I think the government income is more lost . So I think the economic will growth.and

I hope
More and more people stop drinking alcohol ,espacially teenagers.

Two roles of Fiscal policy

There are two roles of fiscal policy
The first one is deal with the severe inflation and deflation that means
the government can use Fiscal policy to avoid the economic in the severe
and extended decline.and for deflation Fiscal policy ,
it can avoid the severe inflation.
The second role is to flat the economic fluctuation of the economic cycle.
when the economic get better, the government need increase the tax and make the
government spending down.It can bate the economic expand.

Toyota company swerve to Chinese Market.

This is the first time that Toyota company meet deficit during 46 years.Even though substitute

Toyota for general motors of America that become to the NO.1 of the quantity of selling,but Toyota

face deficit in 2008 , the budget deficit around 50b Y (Japanese money).
The market of Europe and America are very poor, now the important thing for Toyota is keep

increase the Chinese car market.
So far, this is the fourth time for Toyota to reduce the budget profit,it prove they care about the

capital market again.the last deficit of Toyota was the second war, and this time because of the

recession.
The committee of Toyota said :" a lot of countries effect by the recession , because of the demand

of interior and the stimulate the economy, the effect of china it is not very serious,they expect the

Chinese marketing keep growing,even though slower than before , but Chinese marketing for them

it is very important."

Also they expect the quantity of selling in China will over the quantity of selling in American, and

become the biggest car consume marketing in the world.

Now Toyota company accelerate the development in China.

Economic growth

For a lot of developing countries , if they want to avoid the distress , the economic growth is necessary. For developed countries , the economic growth not very obvious ,it is scale by growth of GDP .

What is the advantages of Economic growth?

1 increase the level of consumption
2 it is good for avoid other microscopical economic problem, for example people hope improve their life level,, the production do not increase , people will improve their demand of income , and it may be lead to high inflation ......increase the production can help people satisfy their hopes , and avoid the crisis of microscopical economic .
3 distribution the income easier to give to poor people.
4 whole society may be notice the environment more than before. for example , people get more rich , they care about their environment of their life.

what is the disadvantage of economic growth?
1the effect of society.
2 the cost of environment.
3 limited resource,
4 effect of the distribution of income.
5 growth will product the extra demand.

Wednesday market and cover market

Today , we've been Wednesday market and cover market to do some research. now I would like to talk about some difference between of them
advantages of Wednesday market:
- price very cheap
-there are a lot of products same as some shop, for example ,books, clothes and fruit.
disadvantages of Wednesday:
- it is located outdoor.
- the floor is dirty.
- just open on Wednesday.
- bad layout/organisation.
- open in morning.
advantages of cover market:
- it is locates indoor.
- price also cheap .
- good organise of each shops .
- they have place to get rest ,and eat .
- sell a lot of products that Wednesday market do not have , such as fish ,flower,beauty....
-good location.for example , in city centre and near the bank.
disadvantages of cover market:
- open late and close early.
- narrow hallway
- dirty too.
according to the survey , I think when I go to city centre, I prefer cover market.

evaluate of the band

When I saw this piture on MR chris's blog ,I was know what is the USP of this band.

• I think they have beautiful face.
• long hair
• sexy
• according to their style, I think they have their own special nickname to make people can remember very easy.
• from Thailand
• actually , I think they are lady boy,because they look like lady boy that I have seen.

Shoe hurled as Chinese PM speaks

http://news.bbc.co.uk/1/hi/uk_politics/7865868.stm
Today I've read a news which is "Shoe hurled as Chinese PM speaks" on BBC, it don not make me angry, because stupid people every where. but see MR wen , his expression is a premier,is a Chinese premier.
I do not know how to expression my heart to MR Wen , I very respect him , because , he let me know China will stronger.
I remember when the earthquake hap pend in SICHUAN which is my hometown , a lot of people died, and I know that feeling . that time everybody immersed in the sadness atmosphere, include him, but him , a country's primer came to the earthquake centre after it happened 2 hours, and encourage people who lose their family, but he is a 70 year old man , he never stop , he didn't sleep around 7 days , he still worked on the dangerous place, and because he is a country's premier , he could not cry in front of public, he just could cry when he just stay with himself.
MR when, he is a great premier in my heart forever , and I can not forget he all things which he did for China .

10 ways of using brick

In our life, the brick is a important resource, but have you ever noticed , what can we use brick for. Here I will give you 10 examples .

1 build building. e.g

2 stool , you can use brick to make a stool.

3 protect yourself, please imagine , when somebody want to loot you , if you see a brick n

next you at that monument , you can take it and hit the bad person.

4 lettering one the monument.

5 brick can make you get stronger, because you can use it do some excises.

6 plug up the mouse hole..it very helpful

7 if you are a teacher you can use it to teach your student what is the oblong like .

8 in China , a lot of farmer's house use brick to build the hearth.

9 you can use it ti hold down the paper

10build the road... a firm road.

Here are all of the example , how do you think of that?

HOMEWORK TODAY!!!!

I've done my homework all day today , since 9 am till now ......
. ICT e-book take me 10 hours.
. Economics 1 hour
. Business not finish now,,because i am writing the blog.
In this weekend , I've listen one podacast which is MARKETING
and read some news.
and now I am so tired ,,my eyes can not open,,,,so so so tierd.