Business Views (click here)
Odav Men and Women OnLine ...simply the Best will Shine!
I have written a lot of articles on Alternative Businesses, Practical Life Style, Spiritual Growth and many more … I was been inspired and thankful with the numerous emails and calls of acknowledgement received from our readers around the Globe.
I believe it’s high time for me to turn-around and see the results of what I have written… the realization behind those technical or written articles and strategies. Thus, I have chosen to personalize this blog site for me to convey the truth behind and actual scenes of putting-up a business. Likewise, I’d like to encourage you to have interactive and straightforward discussions with me.
It is then my pleasure to share with you all those learning and profitable experience I have as I venture in the world of commerce. I am an overseas employee whose life is the same with your story. I have worked locally in our home country whose salary was just enough to support or feed our basic necessities. Thus, I believe that every single penny is worthy to be saved and expanded for our family, children’s and/or sibling’s education and likewise for our relatives, friends and people who hopes with us.
There are a lot of things on business that I have and love to share with you but let me do that one at a time, as I dedicate this personalize blog to my entire fellow Overseas Filipino Workers and Our Families there in the Philippines.
So, let’s start and simply talk about business,
Odav OnLine will surely partake with the realization of written strategies. Odav OnLine shall meant proven business with a cost and cause. We continuesly deliver and introduce practical, affordable and alternative business sidelines both On-Line and On-Land. We will focus on profitable investment utizing available resources.
Odav OnLine believes that each of us, by the end of the day, will be landing on the same platform of success with strong determination to make the world a better place for our children’s children.
What is a Business?
A Business (also called a firm or an enterprise) is a legally recognized organization designed to provide goods and/or services to consumers.
Typical Business Entities:
1.) Corporation
2.) Partnership (Click here to read more about Tips of Choosing a Business Partner)
3.) Sole Traders
4.) Specialized Organization (or known as Cooperative)
Business Classifications:
a.) Agriculture and mining businesses are concerned with the production of raw material, such as plants or minerals.
b.) Financial businesses include banks and other companies that generate profit through investment and management of capital.
c.) Information businesses generate profits primarily from the resale of intellectual property and include movie studios, publishers and packaged software companies.
d.)Manufacturers produce products, from raw materials or component parts, which they then sell at a profit. Companies that make physical goods, such as cars or pipes, are considered manufacturers.
e.) Real estate businesses generate profit from the selling, renting, and development of properties, homes, and buildings.
f.) Retailers and Distributors act as middle-men in getting goods produced by manufacturers to the intended consumer, generating a profit as a result of providing sales or distribution services. Most consumer-oriented stores and catalogue companies are distributors or retailers.
g.) Service businesses offer intangible goods or services and typically generate a profit by charging for labor or other services provided to government, other businesses or consumers. Organizations ranging from house decorators to consulting firms to restaurants and even to entertainers are types of service businesses.
h.) Transportation businesses deliver goods and individuals from location to location, generating a profit on the transportation costs
i.) Utilities produce public services, such as heat, electricity, or sewage treatment, and are usually government chartered.
