Small Business Success

Paper Summary:

The following paper examines a successful small Canadian business which, by carefully adhering to a few basic business concepts, has enjoyed impressive profits. Specifically, the paper looks at a 2005 online article by Susan Ward and discusses how the company kept overhead down and built a strong business network through diligence and through common-sense. The paper concludes briefly by noting that the company's achievements are also rooted in the clear business mind of its founder.

From the Paper:

"A Small Canadian Business Success Story: Fergus Keyes' Panamsec In a day and age where the internet has come to assume such an enormous presence in our lives, it should not be a surprise that so many small businesses have sprung up within Canada. In the case of Fergus Keyes however, he has achieved his success not online but through thoughtfully tapping into the home security industry. The following paper will examine an article that discusses Keyes' Panamsec, summarize that article and then critically evaluate it. The paper will then relate the story to a number of common business terms and concepts that any student must understand if she or he is to understand why some businesses fail and other businesses succeed."

More papers on Small Business Success:

• Term Paper # 129371 : "How to Run a Small Business"
• Descriptive Essay # 98844 : "Acquiring a Small Business"
• Business Plan # 26912 : "Small-Business Counseling"

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