Starting Your Own Business Essay Example | Topics and Well Written Essays - 1750 words

Starting Your Own Business - Essay Example The overall starting cost of the business will be USD 45000 and the estimated sales have been forecasted to be around USD 15000 yearly from the starting year. The opportunity can be availed to open a clothing retail store within the New York market due to the uprising flow of the youth desires for urban clothing and apparels along with the fewer existing competitors’ presence. The store will be highly focused on the urban high fashion merchandise and provide the youth with exclusive clothing they generally prefer to purchase from other cities. Proposal Section In the present global context of business scenario, retail merchandising is one of the most efficient and lucrative options for starting a new business initiative. The retail clothing store is considered as one of the highest earning or revenue generating business segments in the US market. The competitive scenario of the US market entails an immense growth opportunity for the apparel sector which is identified to be wor th in excess of USD 20000 million according to the present growth ratio in the retail clothing business. Hence, clothing retail business is an attractive option to establish business venture in the competitive US market. From the perspective of present day context, the earning of approximately USD 150 billion has been achieved in a year by 100,000 clothing stores across the country. Therefore, the proposed business will be to open a clothing retail store. The clothing store will entail the products for young population of the US, which will also be providing accessories and leather items for men, women and children in terms of exclusive clothing brands as compared to the other retail clothing stores. The business will be focused on high fashion urban casual wears to attract youth population of the city. The emerging growth of sales in the assortment of clothing of various brands for youth segment provides an efficient growth prospect in the clothing retail industry in the US. Theref ore, proposed business venture of opening a retail store which will provide apparels will focus on the local customer desires along with providing clothing and apparels for both adult and youth. The expected start-up cost of the clothing retail store has been reviewed to be around USD 45000 including cost of various apparatus and amenities (Boston Rags Clothing Store, n.d.). Rationale for the Proposal The business plan of starting a retail clothing store in one of the major cities of the US is due to the increasing growth on the retail clothing industry along with the increasing demands of the recent trends among the population in the country. The recently collected earnings by the clothing retail had been more than USD 45000 million for the month of March 2012 which has been mentioned by the United States Census Bureau. Therefore, the clothing retail store can be one of the prosperous segments which can provide an efficient opportunity to generate an intensive growth in a shorter p eriod of time (United States Census Bureau, 2012). At the outset, opening up of any business requires a substantial amount of demand for the products that are to be provided. A constant follow of demand can ensure sustainability for a new business venture in the long run. From the findings, it can be observed that the clothing retail sector is quite prospering and consumers’ demand is generally constant and quite high if a company is providing them with varied assortment at one place. Therefore, the idea of the

Data, database, and database management systems Essay - 2

Data, database, and database management systems - Essay Example The installation file for DB2 Express-C can be downloaded from the IBM website at no charge. It is free for everyone; so long as you register on their site. The registration process is very short and does not take a long. All that is required is the name of the subscriber, the address, and the email address to keep in touch with the company on their products and support information. This is a convenient way for the company can keep in touch with everyone who uses their database software. It is also a good way to ensure user data can be received from the registered users. The setup process is quick and the database is also easy to use too. It has capabilities that are self-managing. There is optional annual subscription for users who may need technical support from the company and any additional functionality for the software. For instance, the extra functionality that comes with the yearly subscription is the high availability data replication and clustering. DB2 Express-C server can run on any computer system irrespective of the number of processors or the amount of memory available. However, it requires 2 core processors minimum and a 2GB memory for the best performance. The operating systems it runs on are quite a handful. It is able to run on 32bit or 64 bit Linux, Windows, Solaris, and the 64 bit Intel processors on Mac OS X. The installation process is easy with clear guidelines from the dialog windows as well as in the IBM DB Express book. Any difficulty that may be experienced in installation is covered in the book. That said, when installation is complete, it is time to create a database; along with its tables, and all the fields that the tables will hold. A database name must be provided along with the number of the tables that the database is to consist of. After all the tables are created in the database with their attributes; their names, the