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Category: Business and Economics

Growing an Entrepreneurial Business

There are many people suffering from the inability to eat products with gluten. One of them, Susan Feller, has started her own business by producing gluten-free desserts. The ways of her business expansion will be discussed in the essay. First of all, it is necessary to mention that celiac disease…

The Economic Way of Thinking

Economists use a stage-gate process of problem-solving, developing a theory, collecting data, and verifying whether these data are consistent with the theory. After analyzing the results, economists formulate a conclusion. The first stage of the economic method is to identify the problem. Simplified authenticity is used to balance and forecast…

A Business Idea and a Business Opportunity

Today, many entrepreneurs are not aware of the main difference between a business opportunity and a business idea. As a result, employers interchangeably use both terms. As a concept, any commercial idea can be applied to earn money. It centers on products and services that can be offered for capital.…

Family Business Strategy

The success of a family business depends on the effective choice of family business strategies. Normally, properly defined frameworks can help solve the challenges arising in the course of managing the business. The identification of the type of legal entity helps stipulate the business relationships and the aspects to be…

The Johnsonville Way

Johnsonville Sausage is a food processing company that deals with sausage products. The company has its headquarters in the Sheboygan Falls, Wisconsin. It was founded in 1945 by Ralph F. Stayer and Alice Stayer (Johnsonville). The sausage products produced include Grillers, smoked-cooked links, brats, meatballs and chicken, breakfast, Italian and…