ABOUT BUSINESS | Nwa-entrepreneur

The Merits and Demerits of Franchise in Government

March 13, 2022August 15, 2022 - by Abigail Martinez

The limited franchise has many demerits and a number of disadvantages. First, most of the voters are illiterate and lack political awareness. Second, the involvement of a large number of people in voting encourages unqualified candidates and violent polling. And third, the government formed through unlimited franchise has mediocre outlook. In fact, it may even be corrupt. Then, there are costs involved in traveling to franchisees in distant places.

Limited franchise is prone to corruption

The limited franchise system in government is prone to corruption because few people are eligible to vote and can therefore be easily bribed. This makes elections less democratic and the choice of a representative less representative of popular will. When limited franchise is adopted, a large percentage of eligible voters are unaware of their representative, which means that the representative is an imposed figure on the disenfranchised. In addition, limited franchise systems often end in …

Business Plan

Tips For Writing a Small Business Plan

March 7, 2022August 15, 2022 - by Abigail Martinez

Writing a small business plan may seem daunting. However, if you break it down into manageable chunks, it can be a powerful tool for analyzing strengths and weaknesses. Creating your business plan can also reveal factors you didn’t know about. While a plan may seem daunting at first, the process is both rewarding and manageable. Listed below are some tips for creating a small business plan. Weigh your strengths and weaknesses to decide whether your idea is viable.

Developing a lean business plan

Developing a lean small business plan is a great way to focus on developing a business idea into a viable company. It requires the assistance of business partners, an understanding of costs, and insights into successful businesses. This type of plan is most suitable for early-stage startups, solopreneurs, and similar types of businesses that do not need immediate funding.

Alternatively, you can adapt this approach to traditional …

Business Plan

Top 5 Risk Management Strategies for Stock Traders in the Netherlands

March 7, 2022March 7, 2022 - by Abigail Martinez

Don’t over-monitor the market and your stop loss

The first risk management strategy for stock traders in the Netherlands is to limit losses, and it’s probably surprising that I didn’t start far more apparent advice such as: always set a stop loss when trading.

This mistake comes from every blog post or YouTube video about trading or investments, starting with advice on how important it is to have a stop loss in place.

I know it’s essential, but you’ll probably agree with me: setting a stop loss works only part of the time and can be highly emotionally draining because we constantly (and mostly subconsciously) monitor our trades and the market.

When we see signs of an adverse move, we tighten our stops, and sometimes we even exit positions too early because we want the pain to stop.

This is why I believe in a different approach: limiting losses and …

Online Business

Ways to Customize a Card Mailer

January 28, 2022January 28, 2022 - by Abigail Martinez

Are you planning to send a postcard to your friends, family, or employees? Using a card mailer is an excellent way to achieve this comfortably. This envelope boasts a unique design that allows you to send various documents cost-effectively. Recently, most people have chosen to customize these cards to make them more appealing. Here are ways you can do it.

Use Memorable Pictures

Photography is an excellent way to capture the attention of any individual, from friends and family to workers. Including a memorable and appealing picture on the top of the envelope could help attract the recipient to read your postcard.

However, it would be best to be careful with the images you use. Ensure that the recipient does not detest or culturally abhor the photo on the envelope. Its clarity will also be worth enhancing. A clear image can effortlessly speak to the recipient.

Add a Personalized Message

Online Business

Daily Income Business Without Investment

January 20, 2022August 15, 2022 - by Abigail Martinez

If you have monetizable skills, you can start a freelance writing business. This can be a daily income business without investment, and can be a great way to earn money from home. Once you’re turning a healthy profit, you can invest in your own equipment. Once you’ve built up enough capital to start your own business, you can buy some of your own equipment. You can even sell your own articles.

Turo

If you’re looking for a way to start a day-to-day income business without a lot of upfront money, consider renting out your car on Turo. The company originally intended to charge users booking fees and then take a cut of those fees on top of the rent you receive. This business model has been a success for many companies in the past, but it’s not without its challenges, especially during an economic downturn.

One of the main benefits …