Saturday, April 18, 2020

Emory MBA Sample Essay Tips - How to Write an Emory MBA Sample Essay

Emory MBA Sample Essay Tips - How to Write an Emory MBA Sample EssayWhen looking for an Emory MBA sample essay, there are several things you can do to ensure that you get the right one. First of all, it is best to look for a template that is similar to one that you are already familiar with. This means that if you have worked in a company that you are familiar with, you will already know what the template looks like. This will also help in avoiding any plagiarism issues.Secondly, you should always use the same style when you write your Emory MBA sample essay. There are a few ways to accomplish this and these methods are: Be as specific as possible or in the exact words used by the author; make it open ended so that the reader has the opportunity to write their own lines; write as a conversation or dialogue; or modify the words used slightly to make them seem more natural. If the reader does not find it natural, then they are less likely to buy into your essay.The third tip is to focu s on a certain topic so that you don't bog yourself down with writing about unrelated subjects. This will allow you to save more time and avoid the dreaded first draft.Once you find the perfect Emory MBA sample essay, all you need to do is write your essay. It doesn't matter what topic you choose as long as you keep all of these tips in mind.Writing a thesis statement is always good. It will show that you have a firm understanding of what the essay is all about. However, try to be as specific as possible.Another great tip to keep in mind is to not jump into writing your essay too fast. Most of the time, the writer gets bogged down by the same topics over again. By slowing down a bit, you will come up with better lines and ideas that will more accurately represent your thoughts.Finally, keep in mind that essays are always different things to different people. So, you may want to consider writing a different one each day. In fact, you could even be using this process as a time to eval uate your skills and learn new things.As you can see, there are a few things you should take into consideration when writing your Emory MBA sample essay. Do not be discouraged if you do not get it right the first time because most of the time, you will be well beyond the first draft by the time you finish. If you do, however, become more consistent, it will become a lot easier for you to complete an Emory MBA sample essay.

Tuesday, April 14, 2020

Purchasing A Small Business Essays - Corporate Finance,

Purchasing a Small Business Purchasing a Small Business Outline I. Deciding to buy A. Why buy a small business? B. Starting out-the nine steps C. Initial details to consider 1. Are partners needed? 2. Economic factors 3. Is the location acceptable? 4. Tax strategy II. Where to start A. How much income is needed? B. The "Thirteen Steps" to acquiring a business III. Locating a potential purchase A. The Acquisition Plan B. Beginning the search-who can help? III. Negotiating a purchase price A. Valuation of a small business 1. Why do a valuation? 2. Choosing the method that is best for your situation 3. Some different methods of valuing a business a. Ability-To-Pay Method b. Discounted Cash Flow Method c. Excess Earnings Method B. Calculating goodwill C. Setting the purchase price D. The letter of intent IV. Finding the initial capital A. Sources of financing 1. Traditional sources 2. Nontraditional sources B. Guaranteed loan programs V. Closing the deal 1. Get a lawyer 2. Audit review 3. The closing VI. The rewards of working for yourself The decision to purchase a business of your own is not an easy task. There are many things to consider before the final decision is made. First of all, exactly what do you want to accomplish? To make millions of dollars, right? Or is it to have the freedom of being your own boss? Whatever the reason, you must be sure that it is something that you are ready to devote an exorbitant amount of time and energy into and that it is something that you really want. Otherwise, you might be stuck doing something that you hate. If you are ready to commit then you must ask yourself just how far will that commitment extend. How much of your own time, energy, and money are you willing to sacrifice? After the decision is made, the acquisition of a small business can be summed-up into nine steps, in which most will be elaborated upon later. "These are the nine steps to any business acquisition, regardless of its size or industry: 1. The search, locating a business available for sale. 2. Identifying alternative candidates. 3. Valuing the business. 4. Negotiating a price and terms. 5. Investigating the company. 6. Preparing the business plan. 7. Sourcing the financing. 8. Preparing the closing documents. 9. Managing the transition period." (Tuller, 10) Some considerations that cannot be avoided when purchasing a small business include: the question of needing a partner, the current economic factors, considering alternate locations, and developing a tax strategy. When debating whether or not a partner is needed or wanted, you need to know if you're going to need additional equity as well as sharing the risk of failure. For these reasons, a partnership seems to be a great idea, but there are also many cons that should be recognized. Having too many partners can alter the ease of decision-making, shared liability can cause obvious problems, and sharing profits means less for you. Added to this, getting out of a partnership can be very difficult. Evaluating the current economic factors simply means to know what you are getting into. Be sure to have some knowledge about the business itself and it's market. Know how to make and sell the product efficiently and in a service industry, be sure to know the current and correct way things are done-sometimes they are not one in the same. Location is key. "Location of the target can be a major determinate in both the financing of the deal and probable success in managing the business after closing.There's no sense spending time, effort, and money on a target located in the wrong place." (Tuller, 12) Along with this, the personal strife of having to travel a great distance to get to work can be very frustrating. So, be sure that the location of your potential business is profitable in every way. One the greatest minds of the 20th century, Albert Einstein, once said, "tax is the most difficult thing in the world to understand". Unfortunately, with the ever-changing laws, that problem gets worse every year. This means that you should have knowledge of the current tax laws. "'You will have a unique opportunity to make decisions on exactly how much money will change hands, and how I will allocated on the payment schedule."(Smorgenburg, 112) Maximizing profit for both you and the seller can only be done through proper knowledge of tax law, if you are not comfortable handling this alone, a consultant might not bad a bad idea. After all of the above is settled, the next thing to figure is the amount of initial income is required. Not only the income required to purchase the entity (which will be elaborated upon later), but also the amount of money that you need to survive for the years to