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JC Business Studies
JC Business Studies

Getting Started & Ownership Structures

Why start a business?

  • Challenge: Some people will become restless working for someone else, want more of a challenge
  • Profit: Setting up the business offers the chance of earning profits
  • New Ideas/Inventions:
  • Circumstances: People can be forced to set up their business due to unforeseeable circumstances e.g A redundant worker with a sum of money

Problems in setting up a business:

  • Right Product: getting the right product that will satisfy the needs for the customer fully e.g. Value for money
  • Cash Flow: new starts ups often fail because cash flow issues i.e. run out of cash
  • Premises: finding the... (More)

Pros and Cons of investing in plot or apartment

In prime cities, though apartment culture has outgrown the residential market, people are still confused when it comes to real estate investment between flat and plot. To make excellent decisions, one needs to take many aspects like appreciation, the value of the building, monetary help, and financial gain.

One of the eminent reasons to consider is to check what you would take out from your investment, like sound appreciation over time and regular returns.

Let's list down a few pros and cons of investing in a plot or apartment.

Smart Investment Decisions:

If you are looking to buy a flat,... (More)

Insurance is a protection against risk. Insurance provides backup or security to anything you want to get. There are many companies that provide insurance on almost everything. Companies charge some amount in order to provide insurances and customers pay it to get security.

Insurance is protection against an event that may or may not occur. Eg. I will insure my car, as there is a chance that I could get into an accident.