write an essay about the business you want to start

Starting a Business Essay – How to Start

• To find inspiration for your paper and overcome writer’s block
• As a source of information (ensure proper referencing)
• As a template for you assignment

Introduction

Market analysis, competition analysis, factors or costs, calculating the set up costs and the working capital, measurements, conclusions and recommendations, reference list.

The desire for one to employ him or herself is a dream that many people try to achieve in the early stages of life but how one can be his or her own boss depends on many factors. Starting up an own business is one of the few ways in which one can achieve this but creating a successful business requires a good combination of a good idea and the driving power to do it.

A successful business requires skills, experience, and ability to make a dream come true as most of the times it involves personal sacrifice particularly during the start up stage. When starting up a business it is necessary to conduct a feasibility study on how successful the business is likely to be under the existing conditions. The objective of this research is investigating how feasible and profitable is it to start a new business. The feasibility study involves among others the following:

The question that comes to one’s mind when starting a business is whether there is a sustainable market for the product or service you want to offer.

Before one starts a business there is need to investigate whether there is a sustainable market for the goods or services that one wants to offer by assessing the consumers of your products, how many they are and the form they want the product to be in, the price the customers might be willing to pay for your products and whether the market is a permanent one or a seasonal one and the existence of both supplementary and complementary products to your goods and services.

After assessing the above and deeming the results positive then you can move into the next step of investigating who your competitor will be in the market.

Satisfaction that you have a reliable market is just the first step in the business development process. After you are satisfied that a reliable market exists, the availability of the market and the possible rivals you are likely to face in the market becomes the next big issue. This is done by analyzing who the direct and indirect competitors are.

The direct competitors are those individuals selling similar products as yours. A deeper knowledge of what they offer, charge, what they do well, and what they are not and the existence of any gaps that you may use to woo customers on your side is very important. Indirect competitors are those other business players who deal with complimentary products to the goods and services you want to offer.

The importance of studying these indirect competitors is that they may be a distraction to your customer pool by offering cheaper complementary products and thus causing a shift from your products to their products thus the necessity. After you have done the above analysis and the playground seems comfortable the next question that comes into your mind is how affordable the enterprise is.

Among the worst mistakes that any business entrepreneur can make is underestimating the start up costs and the operating capital required to run the business until the break-even position is achieved. It is always important to make accurate estimates as sources of extra capital in future may be limited. For example if one wants to start a French beans importing business it is very important to make accurate estimates of the required capital both for starting up to the point where the business will break even.

Realistic forecasts boosts one’s confidence and the ability to meet own commitments. When you set the required costs straight it means you won’t require extra capital after the business has started and thus there are chances that the business may run successfully without shortages in the required running capital.

There are many types of costs that a business entrepreneur incurs in the process of starting a business and they include costs of sales, professional costs, administrative costs, transaction costs classified as either fixed or variable costs among others as indicated by Webber (n.d).

With the available cost on one side and the costs that may be incurred on one side, calculating the initial costs gives one a chance to consider the items which are of high necessity and giving them higher priorities compared to those lowly placed depending on the capital available. Accurate estimates reduce the gap between the real budget and the expected budget and thus placing the business in a comfortable position (Anon, 2009).

The working or operating capital is the amount of money needed to keep the business running. For a sustainable business one has to allocate enough working capital in order to ensure the business runs successfully. It is important to factor out the fixed and the variable costs so as to know the required capital.

Fixed Costs

Fixed costs are the fixed expenses the business has to incur irrespective of the sales made. The costs required when investing in the fixed assets such as the cost of machinery or the cost of land among others.

Machinery or plant costs: these are the costs required to buy the required machinery if the business demands one.

Land costs: these are costs of buying the piece of land or paying for the rent if you are leasing the land.

Stock costs: these are the costs required for buying the initial purchases which will be needed by the business.

Variable costs

These are the costs related to the delivery of one’s product or service. These costs usually relate to the activities going on within the business. They include;

Transaction costs: these are the costs which the business will incur during the negotiation process.

Administration costs: these are the costs which the business will have to incur when enquiring about any expertise information that may be required. Others include what the authority will charge you in order to issue you with a license allowing you to start the business.

Wages: the costs incurred when paying the workers or your own salary. Wages vary with the size of the business and the ongoing activities.

Costing and Pricing

When setting prices it is advisable for one to set prices which can cover the costs of production in addition to generating some profit. The business owner should take into consideration the costs which will be incurred during the start up and the running process so as to ensure the product set prices covers everything.

Other costs which should also be taken into consideration are the hidden costs (Garrison, Noreen & Brewer, 2006). Hidden costs are those costs which are incurred during the process of conducting the business such as the transportation cost or the transaction costs many people do not include them but to know the real business situation, it is always advisable to include them.

The involved costs will be measured in terms of dollars by measuring the expected costs and benefits and then estimating how long it will take to reach break even point. The break even point is that time when the costs are equal to the benefits and the business is neither incurring profits nor losses. It indicates the costs have all been covered and it is a very helpful point in knowing how long the business will take before it can cover all the costs so as to allocate enough running capital to the business (Holland, 1998).

Cost Benefit Analysis

Evaluating quantitatively whether to start the business:

The last step in doing a feasibility test involves calculating the costs and the benefits involved in what is referred to as cost benefit analysis. The method involves simply adding up the value of benefits and then dividing with the costs involved in order to know how long it should take before the business breaks even (Nas, 1996).

A business man is deciding whether to start a business of importing French beans from Africa. The following are the costs he is likely to incur:

Pay back time: (8000/10500) = 0.7619048.

It will take approximately 9 months to reach the break even point.

From the above analysis we can summarize by indicating that the above business idea has got higher chances of succeeding. If the entrepreneur would like to reach break even point faster he should find ways of reducing transaction costs or search for more market opportunities in order to increase the revenue earned reducing the fraction further.

When starting a business, there are different types of cost that one must incur before the business can succeed. It is very important to calculate all the estimated costs that may be required in order to avoid surprises. Ensure you have enough capital to help you run the business until it has grown to fund for its own expenses. It is always advisable to talk with the people in the industry and enquire for as much information as important as it may be.

The support of the family is another vital factor that I can recommend for anyone starting the business so that incase of failure at least you may have somewhere to run to. Many people, as they start businesses, do not assess their emotional ability of dealing with some of the challenges that may come up during the start up stage and thus since there will always be the discouragements and the disappointments, prepare yourself psychologically for any outcome.

Anonymous, (2009). Helping people build businesses based on good ideas and clear goals . New Zealand Trade and Enterprise. Web.

Garrison, R; Noreen, E; Brewer, P. (2006). Pricing decisions and cost management. Web.

Holland, R. (1998). Break Even Analysis . Web.

Nas, F.T. (1996). Cost Benefit Analysis: Theory and Application . New York: Sage Publications.

Webber, A. (Not Dated). Estimating Startup Costs for a New Business . Web.

• Turkey’s 2000-2001 Financial Crisis
• The Recent Financial Crisis
• Time Value of Money: Importance of Calculating
• Descriptive Data Statistics: Calculating the Probability
• New Product: Laptop Assembling Machinery Nokia Corporation
• What Makes London a Global City?
• British Capitalism Development
• The Impact of the Real Estate in Dubai Economy
• Neo-Classical Supply of Labour
• Nigeria’s Economic Crisis
• Chicago (A-D)
• Chicago (N-B)

IvyPanda. (2018, December 27). Starting a Business Essay – How to Start. https://ivypanda.com/essays/starting-up-a-business/

"Starting a Business Essay – How to Start." IvyPanda , 27 Dec. 2018, ivypanda.com/essays/starting-up-a-business/.

IvyPanda . (2018) 'Starting a Business Essay – How to Start'. 27 December.

IvyPanda . 2018. "Starting a Business Essay – How to Start." December 27, 2018. https://ivypanda.com/essays/starting-up-a-business/.

1. IvyPanda . "Starting a Business Essay – How to Start." December 27, 2018. https://ivypanda.com/essays/starting-up-a-business/.

Bibliography

IvyPanda . "Starting a Business Essay – How to Start." December 27, 2018. https://ivypanda.com/essays/starting-up-a-business/.

How to Write a Business Essay: an Ultimate Guide

Table of Contents

Writing an essay can be boring. A lot of essays are basically the same thing over and over again. You write an introduction, then you write your supporting paragraphs, and then you create a conclusion. Overall, the process is not a lot of fun, and you can often feel as though you are simply going through the motions for the sake of churning out extra work. But since you have to write an essay, it’s worth considering the many ways that you can make the process faster and easier. In this ultimate guide, we’ll discuss the best way to write a business essay so you can get through the process faster and with relatively little trouble.

It might seem obvious, but the first thing you need to do when you write an essay is to read the essay question. You need to be sure you understand each part of the essay question and how the parts of the question work together. You would be surprised how many students only glance at the question and then write a paper that only partially addresses the assignment. You don’t want to lose points because part of your paper isn’t on topic. If you find any parts of the paper that you don’t understand or that require explanation, be sure to contact your instructor for clarification before you start writing.

Read the essay rubric

These days, most essays have a grading rubric included with the question. A grading rubric is like a cheat sheet for writing your essay. When you review the essay rubric, you’ll see exactly how your instructor will grade your paper and what your instructor will be looking for. When you write your paper, you will therefore know exactly what to include and how to write about it in order to maximize your points—and you’ll also see what you can spend less time on because it won’t contribute to your overall grade.

Make friends with your library

Many students automatically turn to search engines like Google in order to research their papers, but this is not the most effective way to find high-quality business sources for your paper. Instead, take advantage of your library’s databases. Your college or university library will likely have dedicated business databases that collect high-quality academic articles on business topics. Using these resources in your paper will make your essay stronger and more effective, and it will put your paper on a solid academic footing.

Compile your sources before you write

Many students use the start-and-stop method to write their papers, composing a sentence or two and then stopping to look up more information in order to keep going. This, however, is an inefficient way to work. A better way is to read through your research sources before you start and copy into a separate file a series of quotations and facts that you might use in your paper, creating in-text citations and reference list entries for each before you start. Doing so will make sure that you don’t have to stop for research and have a ready bank of pre-cited material to work with as you write.

Outline before you write

Outlining is an important skill that will both save you time and improve the quality of your essay. Take time before you write to lay out your paper from beginning to end. Start with your thesis statement and carefully lay out the body paragraphs with a topic sentence, supporting details (including research, quotes, and citations ), and a closing paragraph . Plan your transitions to link paragraphs together. Any amount of outlining can be helpful, but the more effort that you put into outlining at this stage, the easier it will be to write your paper, and the less likely it will be that you get stuck in a tangent that goes nowhere or meander into a point that requires you to change your thesis and revise you whole essay.

Remember to revise and proofread

When you finish the draft of your paper, you aren’t done yet. The first draft is rarely the finished product. You should always set aside time to read your work back and to make revisions to make it clearer. You also need to carefully proofread for mechanical grammar, punctuation, and syntax issues to ensure that your paper is as close to perfect as possible. You don’t want to leave points on the table because your paper had easy to fix minor spelling or grammar errors.

Consider professional writing help

Another great way to get your paper done quickly is to seek out custom professional help from an essay writing service with academic experts. An online writing company such as this can create business papers for college students and deliver them fast. When you utilize professional writing assistance, you can receive a custom-written essay that can serve as a great model to help you understand how a professional would approach your business topic and organize and develop an essay to address your assignment. Using a model such as this can save you time and effort as you work on your own paper, allowing you to focus on the learning process more than the mechanics of academic essay writing.

Join the thousands who have sharpened their business writing skills with our award winning courses.

Copyright © 2024 Businesswritingblog.com.

How to Write a Business Essay for Impactful Communication and Analysis

So, you've got a business essay coming up, and you're feeling a mix of excitement and a tad bit overwhelmed, right? Totally get it. Writing a business essay might sound boring, but trust me, it's a skill that's gonna come in handy when you're out there in the real world.

In this article, we're dishing out some awesome tips just for you if you have question on how to start a business essay. Think of it as your secret weapon to tackle those business essays like a pro. We'll keep it real, easy, and super practical – no fancy jargon or complicated theories. Let's dive into the world of business essay writing, where your words can make a big impact. In case you lack time or motivation to finish your assignment, use our business essay writing service to streamline the process.

What Is a Business Essay

Business essays are written pieces that explore and analyze various aspects of business-related topics, often focusing on management, marketing, finance, or entrepreneurship. They provide a platform for students and professionals to articulate their understanding of business concepts, theories, and real-world applications. Typically written in a formal and structured manner, a business essay requires critical thinking, research skills, and the ability to communicate ideas effectively. Whether delving into case studies, discussing industry trends, or evaluating business strategies, the essay aims to provide insights, draw conclusions, and contribute to a deeper understanding of the dynamic world of business.

How to Write an Introduction for a Business Essay

A business essay introduction sets the tone for the entire paper and captures the reader's attention. Here are some steps and tips to help you write an effective introduction for a business essay:

• Understand the Purpose of the Introduction

Clearly understand the purpose of your essay. Are you providing an overview of a business concept, analyzing a case study, or arguing a specific point? Tailor your introduction accordingly.

• Start with a Hook

Grab the reader's attention with a compelling hook. This could be a relevant quote, a surprising fact, a rhetorical question, or a thought-provoking statement. The goal is to make the reader want to continue reading.

• Provide Context

After the hook, provide some background or context related to the topic of your essay. Help the reader understand the significance and relevance of the subject matter in the business world.

• Thesis Statement

Clearly state your thesis or the main argument of your essay. This should be a concise and focused statement that outlines what the reader can expect from the rest of the essay. Make sure it is specific and reflects the purpose of your writing.

• Outline the Scope

Briefly outline the main points or areas that your essay will cover. This gives the reader a roadmap of what to expect and helps them understand the structure of your essay.

• Use Clear and Concise Language

Keep your introduction clear and concise. Avoid unnecessary jargon or complex language that might confuse the reader. Aim for clarity and precision.

• Be Relevant

Ensure that every sentence in your introduction is directly related to the topic of your essay. Avoid going off on tangents or providing excessive information that doesn't contribute to the main points.

• Consider the Tone

Choose a tone that is appropriate for your audience and the nature of your essay. Business essays can vary in tone, from formal and academic to more conversational, depending on the context.

Are You a Business Student with a Hectic Schedule?

 Try our professional writing service – it can do wonders for your curriculum!

Business Essay Introduction Example

Here’s an example of an introduction for an essay titled “The Rise of E-commerce: Shaping the Future of Retail”:

The retail landscape is undergoing a seismic shift as e-commerce continues to redefine the way consumers shop. In this essay, we explore the profound implications of this digital transformation on traditional retail models and analyze the key strategies businesses are employing to thrive in this dynamic environment. From changing consumer behaviors to the strategic use of technology, the impact of e-commerce on the retail sector is undeniable, prompting businesses to adapt or face the risk of obsolescence.

How to Write a Business Essay

Working on a business essay might seem daunting, but it doesn't have to be. In this guide, we'll break down the process into simple steps to help you navigate through it smoothly. In this next section. We’ll be breaking down the essentials of drawing up a business essay from start to finish. From defining your main argument to structuring your points effectively, let's explore the key strategies that will set you on the path to success. 

Analyze the Prompt

Start by carefully reading and understanding the essay prompt. This involves breaking down the question to grasp what it's asking for, identifying the main topics, and recognizing any specific tasks or points to cover. This step helps you set the stage for a focused and relevant essay by ensuring you address all aspects mentioned in the prompt. You can hire a business essay writer to expedite the process if you want.

Think of a Thesis Statement

When writing a business essay, think of the thesis statement as the essay's compass. It should be a concise, strong sentence that lays out your main argument or viewpoint on the topic. Your thesis guides the entire essay, so make sure it's specific, debatable, and gives readers a clear idea of what to expect in your writing.

Create an Outline

We’ve already shared tips on how to write an introduction for a business essay, so let’s move on to the next stages. Organize your thoughts by outlining the main points and structure of your essay. This doesn't have to be too detailed; just a roadmap that helps you see how different ideas connect. An outline ensures a logical flow in your writing and prevents you from going off track. By the way, have you already picked business essay topics ? If not, here’s a list of great ideas you can use!

Provide Topic Background

Before diving into your main points, the business essay writing format implies giving your reader some context about the topic. Briefly introduce the key concepts, relevant facts, or historical background that will help readers understand the importance and relevance of your essay.

Write the Main Body

Start developing your essay by expanding on the main points outlined in your thesis. Each paragraph should focus on a specific idea or argument supported by evidence or examples. Be clear and concise, ensuring a smooth transition between paragraphs. It’s the most difficult part of the assignment, meaning you can use our college essay service to simplify it.

Write a Conclusion

Summarize your key points and conclusively restate your thesis. The conclusion should tie up the loose ends and leave a lasting impression on the reader. Avoid introducing new information but rather reinforce your main argument. For more details about how to write a conclusion for an essay , please refer to our guide.

Add a Bibliography

List all the sources you used in your research. Be meticulous about citing your references properly, following the chosen format (APA, MLA, etc.). This adds credibility to your essay and avoids plagiarism issues.

Edit and Proofread

As you’ve learned how to write a business essay, it’s time to master the art of self-revising. Review your essay for clarity, coherence, and grammatical errors. Editing ensures that your ideas flow smoothly, and proofreading catches any overlooked mistakes. It's a crucial step to polish your essay and present a professional piece of writing. Do you have another assignment on business management ? This guide will help you!

Choose the Writing Format

Reiterate the importance of selecting and adhering to the chosen writing format throughout the essay. Consistency in formatting, citations, and other style elements contributes to the overall professionalism of your work.

Business Essay Example

Business essay examples offer practical assistance to students tackling assignments by showcasing the application of essential writing principles in a real-world context. As a tangible reference, it demonstrates an effective essay structure and how to formulate a clear thesis statement and provide coherent arguments. By examining examples, students can glean insights into research techniques, proper citation practices, and overall essay organization, empowering them to approach their business assignments with increased confidence and proficiency.

Example 1: “The Impact of Technological Advancements on Modern Business Operations”

This essay explores the multifaceted impact of technology on operational efficiency, innovation, customer relations, and global connectivity. From integrating automation and artificial intelligence for streamlined processes to facilitating global expansion through digital platforms, technology emerges as a driving force shaping the success and sustainability of contemporary enterprises. While acknowledging the numerous benefits, the essay also highlights the challenges and ethical considerations inherent in adopting these technologies, emphasizing the need for businesses to navigate these complexities responsibly for long-term growth and competitiveness.

Example 2: “Sustainable Business Practices: A Strategic Imperative for Corporate Success”

This essay explores the pivotal role of sustainable business practices as a strategic imperative for corporate success in the contemporary entrepreneurship scene. Addressing environmental concerns, social consciousness, and economic viability, the essay delves into the multifaceted benefits of adopting sustainable approaches. It discusses how businesses can align profitability with responsible practices, emphasizing environmental stewardship, social impact, and community engagement. The essay underscores the importance of regulatory compliance and risk mitigation in business by examining the economic advantages and innovation opportunities arising from sustainable initiatives.

Final Considerations

Students engage in writing business essays to develop essential skills and knowledge crucial for success in the professional world. These essays serve as a platform for honing critical thinking, analytical, and communication skills, allowing students to articulate and analyze complex business concepts. Through the process of researching, organizing thoughts, and constructing coherent arguments, students gain a deeper understanding of business principles and practices. Business essays also cultivate the ability to synthesize information, evaluate various perspectives, and present well-reasoned conclusions. If you find with task troublesome, you can always tell us, ‘ write my research paper ,’ and one of our wordsmiths will fulfill the assignment quickly.

Writing Business Essays Doesn’t Work for You?

 Here’s an alternative – an expert writer with relevant experience and proper skills.

How Many Paragraphs Does a Business Essay Have?

What is the most important part of a business essay, how do you start off a business essay.

Annie Lambert

specializes in creating authoritative content on marketing, business, and finance, with a versatile ability to handle any essay type and dissertations. With a Master’s degree in Business Administration and a passion for social issues, her writing not only educates but also inspires action. On EssayPro blog, Annie delivers detailed guides and thought-provoking discussions on pressing economic and social topics. When not writing, she’s a guest speaker at various business seminars.

is an expert in nursing and healthcare, with a strong background in history, law, and literature. Holding advanced degrees in nursing and public health, his analytical approach and comprehensive knowledge help students navigate complex topics. On EssayPro blog, Adam provides insightful articles on everything from historical analysis to the intricacies of healthcare policies. In his downtime, he enjoys historical documentaries and volunteering at local clinics.

Business Essay Examples

13 Business Essay Examples for Students

14 min read

Published on: May 1, 2023

Last updated on: Jan 30, 2024

Share this article

Are you struggling to figure out the structure, research, or data required to make your essay stand out? Or frustrated by the lack of inspiration and ideas for your essay?

But don't give up yet! We have a powerful solution that will make your essay writing a breeze. Our list of business essay examples is here to help! 

We have compiled expertly written business essay examples that will illustrate how to write a striking business essay.

With our examples, you'll be able to see how to structure your essay and generate creative ideas for your topic. And our tips will help you make the most of these examples.

So, let's dive in and get ready to learn!

On This Page On This Page -->

What is a Business Essay?

A business essay is a type of academic writing that focuses on business-related topics and issues. These essays can cover a wide range of topics such as marketing, finance, management, entrepreneurship, and more.

The importance of business essay lies in presenting a well-researched and informed analysis. To do this effectively, writers need to conduct extensive research and analysis on the topic at hand.

Referring to examples of business essays can help you gain insight into the structure, tone, and content of a well-written essay.

Business Essay Examples For Students

Here is a list of business writing examples

Business Essay Examples Pdf

Business Essay Example Grade 10

Business Essay Example Grade 11

A Level Business Essay Examples

University Business Essay Examples

International Business Essay Examples

Short Essay About Business

College Essay About Starting A Business

Types of Business Essay with Examples

When it comes to business essay writing, there are several different types that you might encounter. 

Here's a brief overview of each type, including their characteristics and an example of each.

Paper Due? Why Suffer? That's our Job!

Case Studies

A case study is an in-depth analysis of a specific business situation or problem. It involves extensive research and data analysis to provide recommendations.

Case studies often showcase the application of theory to real-world business scenarios.

Research Papers

Research papers involve a more academic approach to business writing. They typically require an extensive literature review, data analysis, and original research. 

Business research papers aim to contribute new knowledge to the field of business. These often involve a hypothesis or research question.

Argumentative Essays

Argumentative business essays aim to persuade the reader to adopt a particular point of view or take a specific action. They present an argument and use evidence and logic to support their claims. 

Argumentative essays can address various business topics such as management practices, ethical issues, or market trends.

White Papers

A white paper is a document that provides a detailed explanation of a particular issue or problem, often with recommendations or solutions. 

White papers are typically used to educate stakeholders about a specific topic. These are often used in the business-to-business (B2B) context.

Comparative Essays 

Comparative business essays compare and contrast two or more topics or ideas. They typically analyze the similarities and differences between the topics to evaluate their pros and cons. 

Comparative essays can focus on various aspects such as products, companies, markets, or strategies.

How to Structure Your Business Essays

As you begin writing your business essay, it's important to structure it in a clear and organized way. 

Here's a step-by-step guide with business essay samples to help you do just that:

Executive Summary

The executive summary is a brief overview of your entire essay. It should summarize your main points and highlight your recommendations. 

This section should be written after completing the essay, as it gives a clear picture of what the essay covers. 

Here is how you start a business essay sample:

Introduction

The introduction sets the stage for the rest of the essay. It should introduce the topic, provide background information, and explain the purpose of the essay. 

Here is a business essay introduction example:

Industry Analysis

In this section, you'll conduct a thorough analysis of the industry in which the business operates. You should examine factors such as competition, market trends, and customer behavior. 

Here is a sample industry analysis

Key Issues or Problems

This section should identify the main issues or problems faced by the business. You should provide evidence to support your claims and analyze the impact of these issues. 

Here is an example paragraph:

Solutions or Recommendation

Here, you'll provide solutions or recommendations to address the issues identified in the previous section. Your solutions should be well-supported and feasible. 

For instance:

Implementation Plan

For this part, you'll outline a plan for implementing the solutions or recommendations you've proposed. This is sort of a description of the business model you suggest. 

This section should be detailed and include specific action steps. 

For example:

Finally, you'll wrap up your essay by summarizing your main points and reiterating your recommendations. 

This section should be clear, concise, and impactful. 

By following this structure, your business essay will be well-organized, coherent, and easy to follow for your readers.

Tips for Using Business Essay Examples Effectively

Now that you have quite a few business essay examples at hand, you should know how to use them effectively:

• Use them as a guide, not a template : While it's great to learn from examples, you should never copy them outright. Instead, use them as a starting point for your own research and writing.
• Analyze the strengths and weaknesses of the essay : Take note of what works well in the example essay, as well as any areas that could be improved. This will help you understand how to make your own essay even better.
• Use them to inform your own research and writing : Pay attention to the research methods, sources, and evidence used in the example essay. This can give you ideas for your own research and help you strengthen your arguments.
• Avoid plagiarism and ensure proper citation: Whenever you use ideas or information from an example, make sure to cite your sources. This will help you avoid plagiarism and maintain academic integrity.

You now have a plenty of business essay examples on different topics to help you get started!

By following our tips and studying the sample essays, you can confidently write your own essays that are clear, concise, and impactful. 

However, if you still find yourself struggling with your business essays, just reach out to our professional business essay writing service . 

We have the best online essay writing service and are ready to provide you a high-quality business. Our writing service has subject specialist writers who can tackle any business essay topic.  

So why wait? Contact us today and let our AI essay writer take your business essays to the next level!

Cathy A. (Literature)

For more than five years now, Cathy has been one of our most hardworking authors on the platform. With a Masters degree in mass communication, she knows the ins and outs of professional writing. Clients often leave her glowing reviews for being an amazing writer who takes her work very seriously.

Paper Due? Why Suffer? That’s our Job!

Legal & Policies

• Privacy Policy
• Cookies Policy
• Terms of Use
• Refunds & Cancellations
• Our Writers
• Success Stories
• Our Guarantees
• Affiliate Program
• Referral Program
• AI Essay Writer

Disclaimer: All client orders are completed by our team of highly qualified human writers. The essays and papers provided by us are not to be used for submission but rather as learning models only.

How to Start a Business Essay: Full Explanation with an Example

Starting a business is like setting off on a wild adventure. It's thrilling, full of ups and downs, and it's up to you where you want to go. But let's face it: it's also confusing! With so much to think about, it's easy to feel lost. That's where this essay comes in. We're here to break it all down for you, giving you the lowdown on turning your business dreams into a solid action plan. So, grab a cup of coffee and get ready to dive in!

What Is a Business Essay?

An essay on business is a written composition that explores various aspects of the business world, ranging from theoretical concepts to practical applications. Typically, it analyzes specific topics within the realm of business, such as management practices, marketing strategies, financial analysis, or entrepreneurship. Business essays often provide insights, arguments, and recommendations supported by research, data, and real-world examples. They aim to inform, persuade, or educate readers about key issues, trends, or challenges in the business environment, fostering a deeper understanding of the subject matter and stimulating critical thinking. Our business essay writing service supports such types of assignments, so if you need help – feel free to request a quote.

What Is a Startup Business Concept?

A startup business concept is essentially the seed from which an entire venture grows. The initial spark of inspiration sets the foundation for everything that follows. This concept typically arises from identifying a gap or inefficiency in the market or recognizing an unmet need or problem potential customers face. Entrepreneurs then conceptualize innovative solutions to address these challenges, whether a new product, service, or approach.

The concept defines the startup's unique value proposition, outlining what makes it stand out in a crowded marketplace. For example, a startup concept might involve developing a mobile app to streamline a tedious process, creating a sustainable alternative to an existing product, or offering a niche service tailored to a specific audience.

Once a startup concept is formulated, it undergoes refinement and validation through market research, feasibility studies, and prototyping. This stage involves gathering feedback from potential customers, testing assumptions, and assessing the concept's viability in the real world. Entrepreneurs analyze market trends, competitive landscape, and consumer preferences to fine-tune their concept and ensure it aligns with market demand.

Additionally, they evaluate the concept's scalability and potential for growth, considering factors such as market size, revenue potential, and scalability. Through this iterative process, the startup concept evolves into a robust business model that serves as the blueprint for the startup's operations, guiding decisions related to product development, marketing strategy, and resource allocation.

How to Start a Business Essay?

Starting a business involves several key steps. Firstly, it's essential to identify a viable business idea that aligns with your passion, expertise, and market demand. Research your target market, competitors, and industry trends to refine your concept. Once you have a solid idea, develop a comprehensive business plan outlining your goals, strategies, and financial projections. This plan will serve as a roadmap for your venture and help secure funding or investment.

Next, you'll need to choose a legal structure for your business, such as a sole proprietorship, partnership, corporation, or LLC. Register your business name and obtain any necessary licenses or permits. Set up your business finances, including opening a business bank account and obtaining any required insurance. Finally, develop a marketing strategy to promote your products or services and attract customers. Building a strong online presence, networking with other businesses, and utilizing social media can all be effective marketing tactics. With careful planning and execution, you'll be well on your way to launching a successful business. Now, let’s review a basic business essay outline:

Introduction

• Grab the reader's attention with an interesting fact, quote, or anecdote related to the topic.
• Provide context and background information on the topic.
• State the main argument or purpose of the essay.

Body Paragraphs

• Paragraph 1: Describe the current business landscape, including trends, challenges, and opportunities.
• Paragraph 2: Discuss the significance of developing a comprehensive business plan for startups and established businesses.
• Paragraph 3: Outline the essential components of a business plan, such as market analysis, competitive analysis, marketing strategy, operations plan, and financial projections.
• Paragraph 4: Explore different sources of funding available to entrepreneurs, including bootstrapping, loans, venture capital, and crowdfunding.
• Paragraph 5: Discuss effective marketing strategies for promoting products or services, building brand awareness, and attracting customers.
• Paragraph 6: Highlight the significance of delivering exceptional customer service and building strong relationships with customers.
• Paragraph 7: Emphasize the importance of adaptability and innovation in responding to market changes and staying competitive.
• Summarize the main argument or purpose of the essay.
• Review the main points discussed in the body paragraphs.
• Leave the reader with a thought-provoking idea, question, or call to action related to the topic.

Business Paper Format

The business essay format typically follows a structured outline, including the following sections:

• This page includes the paper's title, your name, the name of your institution (if applicable), and the date.
• A brief summary of the paper's main points, usually around 150-250 words, providing an overview of the topic, purpose, methodology (if applicable), and key findings or conclusions.
• This section introduces the paper's topic, provides background information, and states the purpose or objective of the study.

Literature Review

• A review of relevant literature and research on the topic, highlighting existing theories, studies, and findings related to your research question or problem statement.

Methodology

• If applicable, this section outlines the research methods and techniques used to collect and analyze data, including any tools, procedures, or sampling techniques.
• Presentation of the findings or results of your study, often including tables, charts, or graphs to illustrate data and statistics.
• Interpretation and analysis of the results, discussing their significance, implications, limitations, and relevance to the research question or problem statement.
• A summary of the paper's main findings and key points, restating the purpose and significance of the study, and offering recommendations for future research or practical applications.
• A list of sources cited in the paper, formatted according to a specific citation style (e.g., APA, MLA, Chicago).
• Optional supplementary materials include additional data tables, survey instruments, or detailed methodology descriptions.

How to Write an Introduction for a Business Essay?

Writing an introduction for a business essay requires capturing the reader's interest while setting the stage for the topic you'll be discussing. Here's a guide to crafting an effective introduction:

Start with a Hook

• Begin with an attention-grabbing opening sentence to pique the reader's curiosity.
• This could be a surprising fact, a compelling statistic, a thought-provoking question, or a relevant quote from a business leader or expert.

Provide Context

• After the hook, provide a brief overview of the topic you'll address in the essay.
• Give the reader some background information to understand the significance and relevance of the subject matter.
• Explain why the topic is important and matters in the business world.

State Your Thesis

• End the introduction with a clear and concise thesis statement that outlines your essay's main argument or purpose.
• This statement should provide a roadmap for what the reader can expect to learn or discover in the essay.
• Make sure your thesis is specific, debatable, and supported by evidence you'll present in the body paragraphs.

Transition to the Body

• Use the end of the introduction to transition smoothly into the essay's main body.
• Briefly preview the key points or arguments you'll discuss in the subsequent paragraphs to give the reader an idea of what's to come.

How to Write a Business Essay?

Let's kick things off with a solid step-by-step guide that sets the stage. We're about to dish out some awesome business essay writing tips to make your essay shine like a beacon in a sea of words. So, buckle up, grab your pen (or keyboard), and let's get started on crafting an introduction that'll hook your reader from the get-go!

Understand the Business Assignment

Take the time to carefully read and understand the assignment prompt or guidelines provided by your instructor. Pay attention to any specific requirements, such as the length of the essay, formatting style, or particular topics to address. If you have any questions or uncertainties about starting a business essay, don't hesitate to seek clarification from your instructor to ensure you're on the right track before you begin researching and writing.

Research and Gather Information

Start your research by consulting various credible sources relevant to your topic. Utilize academic journals, books, reputable websites, and industry reports to gather information and evidence to support your arguments. Take detailed notes while conducting your research, recording key ideas, quotes, statistics, and their corresponding sources. Keep track of your sources to facilitate proper citation later on. Consider how you will engage readers in the business essay introduction – an anecdote, interesting quote, or relevant statistics.

Outline Your Essay

Create an outline for your how to start a business essay to organize your thoughts and structure your essay. Begin by outlining the main sections of your essay, such as the introduction, body paragraphs, and conclusion. Within each section, outline the main points you want to cover and the supporting evidence you'll use to support your arguments. Consider the logical flow of information and how each section relates to the overall thesis of your essay. Your outline serves as a roadmap for writing your essay and helps maintain coherence and clarity.

Write the Essay

With your outline in hand, start drafting your essay. Begin with a strong introduction that provides context for your topic, grabs the reader's attention, and clearly states your thesis or main argument. In the body paragraphs, develop each main point outlined in your outline, providing evidence, examples, and analysis to support your arguments. Ensure you cite your sources accurately and consistently throughout the essay according to the chosen citation style. Conclude your essay by summarizing the main points discussed in the body paragraphs and reinforcing the significance of your thesis. Leave the reader with a memorable closing thought or call to action related to the topic.

Revise and Edit

After writing a business essay, take the time to revise and edit it thoroughly. Review your essay for clarity, coherence, and logical flow of ideas. Check for grammar, punctuation, spelling errors, and any inconsistencies or gaps in your argumentation. Consider your essay's overall structure and organization, making adjustments as needed to improve readability and coherence. Seek feedback from peers, tutors, or instructors to gain fresh perspectives and identify areas for improvement. Make revisions based on the feedback received, and refine your essay until you are satisfied with the final draft. Finally, proofread your essay one last time to ensure it meets all the requirements and is ready to be submitted.

Startup Business Ideas

• A meal prep delivery service.
• An online marketplace for handmade goods.
• Mobile car wash and detailing.
• Virtual tutoring platform.
• Dog walking app.
• Farm-to-table food delivery.
• Outdoor gear rental.
• Virtual event planning.
• Home repair matchmaking.
• Maternity wear rental.
• On-site beauty services.
• Freelance photography booking.
• DIY crafting workshops.
• Mobile bike repair.
• Sustainable flower delivery.
• Virtual fitness training.
• Plant-based meal kits.
• Urban parking rental.
• Houseplant subscription.
• Fresh produce delivery.
• Mobile car maintenance.
• Gift concierge service.
• Virtual cooking classes.
• Errand running assistance.

Business Essay Topics

• Social media marketing's impact on small businesses.
• Improving employee engagement strategies.
• E-commerce: Challenges and opportunities.
• Customer relationship management success.
• Sustainable business practices and benefits.
• The gig economy: Pros versus cons.
• Workplace diversity and inclusion.
• Technology's influence on operations.
• Managing remote teams effectively.
• Corporate social responsibility in ethics.
• Entrepreneurship: Challenges and successes.
• Globalization's impact on SMEs.
• Leadership in organizational change.
• Workplace wellness programs.
• Business ethics in the digital age.
• The power of branding: Identity creation.
• Crisis management strategies for resilience.
• Efficient and sustainable supply chain management.
• Future of work: Trends and implications.
• Business innovation: Creativity and adaptation.
• Financial management for small businesses.
• Data privacy and security.
• Effective time management strategies.
• Emotional intelligence in leadership.
• Company culture: Retention and satisfaction.

Do’s and Don’ts of Business Essay Writing

There are certain rules for writing a business essay that you must follow and particular don’t-do-this issues that you should avoid.

• Clearly understand the essay prompt and adhere to any guidelines provided.
• Conduct thorough research using credible sources to support your arguments.
• Create a well-organized outline to structure your essay effectively.
• Craft a strong introduction that grabs the reader's attention and states your thesis clearly.
• Provide evidence and examples to support your arguments, using proper citations.
• Maintain a formal and professional tone throughout the essay.
• Use clear and concise language, avoiding jargon or overly complex terminology.
• Proofread your essay carefully to eliminate errors in grammar, punctuation, and spelling.
• Conclude your essay by summarizing key points and restating your thesis.

Don'ts:

• Don't plagiarize or use someone else's work without proper attribution.
• Avoid going off-topic or including irrelevant information in your essay.
• Don't rely solely on personal opinion; support your arguments with evidence and analysis.
• Avoid using informal language or slang in your writing.
• Don't rush through the writing process; take the time to revise and edit your essay thoroughly.
• Avoid making unsupported claims or assertions without evidence to back them up.
• Don't forget to cite your sources properly according to the chosen citation style.
• Avoid overloading your essay with too much information; focus on quality over quantity.
• Don't neglect the importance of formatting and presentation; ensure your essay is well-structured and visually appealing.

Business Essay Example

Here’s an example of a business essay that will be an excellent source of inspiration and formatting hints. If you want a new paper of similar quality, feel free to leave a quote.

Business essays serve as invaluable learning tools for students, providing them with a platform to apply theoretical concepts to real-world scenarios and develop essential skills for success in the business world. Students hone their critical thinking, problem-solving, and communication abilities by learning how to set up an essay , research topics, analyze facts, and write eloquently about various business topics. Business essays also encourage students to stay updated on current trends and developments in the business landscape, fostering a deeper understanding of industry dynamics and challenges. Moreover, writing business essays cultivates students' ability to formulate well-reasoned arguments, articulate their ideas effectively, and present information in a structured and persuasive manner, all of which are crucial competencies in professional settings.

Frequently asked questions

How many paragraphs does a business essay have.

She was flawless! first time using a website like this, I've ordered article review and i totally adored it! grammar punctuation, content - everything was on point

This writer is my go to, because whenever I need someone who I can trust my task to - I hire Joy. She wrote almost every paper for me for the last 2 years

Term paper done up to a highest standard, no revisions, perfect communication. 10s across the board!!!!!!!

I send him instructions and that's it. my paper was done 10 hours later, no stupid questions, he nailed it.

Sometimes I wonder if Michael is secretly a professor because he literally knows everything. HE DID SO WELL THAT MY PROF SHOWED MY PAPER AS AN EXAMPLE. unbelievable, many thanks

New Posts to Your Inbox!

Stay in touch

Business Essay and the Best Way of Its Writing

• Academic Writing Tips

• Social Science
• Political Science

Business is an essential aspect of today’s evolving world. It is a lucrative industry that impacts many sectors, including education. Business-related courses are popular as many students are pursuing the programs. There are many branches in the business field, from business management to finance. College tutors often give students different business papers to test their knowledge as part of the assessment.

A business essay is an academic assignment that involves writing a paper that responds with a strategic and analytical approach to specific situations occurring in the market. Each business essay has a different topic that students tackle. However, the primary purpose of such essays is to collect relevant facts that align with the research question and analyze the data to get solutions.

Writing a business essay might seem simple, but it requires impressive writing skills and extensive research. You must be familiar with the topic to know the paper’s direction. Topic selection is a tricky section that affects the entire writing process. It is essential to identify a relevant topic to assist you in crafting a remarkable paper. You have to write a well-structured and compelling paper to get good grades. Presenting accurate arguments with supporting examples from reliable sources is an essential research aspect. Thus, a business essay must follow the required academic standards and theoretical frameworks.

However, writing is not everyone’s cup of tea, and incorporating logical arguments can be challenging. If you are stuck, you can check any business essay example online to understand the format. You will know how to structure the paper and relate it to the relevant themes.

That is why our writing service is here to help needy students craft exceptional essays. We will connect with a proficient business essay writer to help with the research and writing process. Get flawless documents from us and earn the best score in your class.

Business Essay Format

Most learners often overlook the importance of having a business essay format. It is imperative to use a format to help you outline your work. Proper thought organization and articulation are essential aspects that translate into a well-written business essay.

Below is an example of the format:

• Introduction
• Background information
• Introduce main topics
• Thesis statement
• Topic sentence
• Research explanation
• Restate points
• Significance of the study

The above outline is a map that will guide you to know what to include in each section. In addition, you will understand what the assignment requires you to do from the introduction to the conclusion.

If you still find it challenging to get the proper format, you can study a relevant business essay example from our site and jumpstart your paper. Whether you need a business school essay or a business plan essay, we have you covered.

Write Business Essay In 5 Steps

While writing might seem challenging, with the proper format and topic familiarity, you are on the right track. It is imperative to understand the writing process before composing your business essay. You need to read the prompt carefully to know what you are supposed to research and write about.

Here is an overview of the writing process in 5 simple steps:

• Topic Selection

Choosing a good topic is mandatory in crafting an excellent paper. You must select a theme that aligns with the research question. Additionally, ensure you select a familiar topic you are passionate about to avoid writing mistakes and illogical paragraphs.

• Extensive Research

Conduct extensive research to get facts and supporting evidence. Narrow down your theme and include only good points. Avoid broad topics because you will waste time during research.

• Essay Outline

Make sure you use a proper outline to organize your thoughts and line of arguments. Follow the format essay

Start writing your paper while using the required academic format. Organize your work and include the introduction, main body paragraphs, or conclusion.

• Editing and Proofreading

Finally, edit and proofread your essay to eliminate grammatical and spelling mistakes.

The above steps will help you during business essay writing to craft remarkable papers. It would be best to plan your time adequately to avoid rushing through the process. However, you must select an appropriate topic for your paper. It could be a business management essay or a marketing paper. No matter the subject discipline, ensure you follow the correct procedure.

Business Essay Topics

Our experts have compiled a list of different business essay topics to inspire your writing:

• Discuss the importance of bookkeeping in a business.
• Evaluate the impact of value addition in products.
• An analysis of income and expenditure transactions.
• Analyze the supply-chain industry.
• The effects of product promotion in business growth.
• How to develop an effective marketing strategy.
• Impact of policymaking in enhancing company productivity.
• What is multilevel marketing?
• Impact of technology in the business world.
• Discuss the challenges affecting entrepreneurship.
• Significance of human resource management.
• Explore the importance of budget analysis.
• How does technology impact advertising?
• The importance of a financial strategy.
• How to start an online business.
• How can organizations profit from sustainable practices?
• How to develop a positive organizational culture.
• The importance of employee diversity in an organization.
• Effective ways of fraud prevention in a company.
• Explore the communication channels in an organization.

Let us look at interesting argumentative business essay topics

• Discuss the influence of cultural differences on international companies.
• A comprehensive analysis of cryptocurrencies.
• Discuss the ethical dilemmas in international organizations.
• The influence of globalization on the business community.
• Should large organizations have a social media presence?
• Causes and effects of economic recession.
• Impact of politics on business growth.
• Discuss the effective strategies of negotiating cross-cultural business deals.
• Explore the integrity of online entrepreneurship.
• The impact of corporate social responsibility in an organization.

The field is quite diverse with various course programs. You can derive different topics from these programs to get logical arguments. So, get inspiration from the compelling business school essay examples and craft exceptional papers.

How To Start A Business Essay

Knowing how to start a business essay is essential for academic writing. The first step entails topic selection because it will determine the essay’s direction. Identifying a relevant topic is vital, and you need to ensure you get the suitable theme. It will also help save you time during research and simplify the writing process.

When it comes to essay writing service , business papers are among the assignments that require extensive research and analysis. Read the essay prompt carefully to understand the tutor’s expectations. Then, make sure you conduct a comprehensive brainstorming session to get the major points for your paper. Having the right points will help you compose logical arguments in a flawless manner.

Moreover, it would help to read previous essays and publications from reliable essays widely. You will get essential data to support your arguments. Besides, the sources will help you cite your essay correctly.

Start your essay with an insightful introduction and include your perspective regarding the topic. Incorporate a powerful thesis statement that informs your readers of the paper’s direction and the major points you will discuss.

Proceed to write the body paragraphs with a topic sentence that captures all significant arguments. Each paragraph should have well-explained arguments that flow logically.

Finally, conclude your business essay by restating your main points and the significance of the study.

Still, need help with your paper? Worry no more. Our competent business essay writers are on standby, ready to assist you with any academic paper. Stop wasting time and reach out to us. We will help you score top-of-the-class grades within no time.

The paper “Enterprises Resource Planning Success and Failure” is an outstanding example of a business essay. An Enterprise resource planning (ERP) system according to Aslan et al. (2012, p.693) is a management system within an organization that has sets of connected inclusive software, which may be used when espoused and put into practice effectively, to oversee and connect every organizational function. Basically, ERP systems may be employed as a tool for helping to improve the supply chain network as well as the level of performance by helping in decreasing cycle times.

Besides that, ERP systems have been utilized routinely in capital-intensive industries like building, construction, manufacturing, as well as defence. Latterly, ERP systems have advanced further and nowadays they are prevalent in industries such as education, health care, finance, hospitality, and telecommunications. Fundamentally, the benefits of ERP systems are hard to realise not unless a strong disposition, as well as participation, is established within the organisation; so, the article seeks to critically analyse ERP success and failure experienced by organisations.

BodyAs mentioned by Hellens et al. (2005, p.283), ERP systems are built upon a single database and application, as well as a coordinate that is unified in the whole organization. For that reason, every application serving different departments such as HR, accounting, and supply chain are integrated firmly under a single ERP system. Al-as observed by Al-Masha et al. (2003, p.354), ERP systems are useful when successfully implemented because they accelerate the process of decision-making. So, the success of ERP systems depends on the ability of an organisation’s managers to efficiently oversee the operation of a business, given that ERP systems can help them reduces operation costs.

Success drivers of ERP systems can be categorised into two: operational and technological drivers. In this case, operational drivers are associated with ways of improving organisational performance, supporting business strategies, as well as cutting production costs. On the other hand, technological drivers are predominantly associated with compliance with existing rules and regulations. The notion of success varies as the process of implementation continues, in that for planning and implementation (the first two stages of the cycle) success is mainly rooted in completing the ERP project to the standards that are acceptable within the budget as well as a time limit.

As pointed out by Hanafizadeh et al. (2010), stabilization as well as Improvement (the last two stages of the cycle) success is founded on the seeming impact of the ERP system on the performance of the organization. As indicated in Hanafizadeh et al. (2010) study, there are scores of factors vital for the success of ERP systems; support is top management one of the factors, and it involves encouraging commitment, positivity, and support of top management in the ERP project. Another factor is the utilization of knowledge as well as experience of system and technology consultants.

Additionally, the balanced project team is crucial for the success of ERP systems because it includes the integration of employees and information technology with the broad knowledge of the processes in the organization. As evidenced in Hellens et al. (2005) study, the accuracy of the information is crucial to the success of ERP project, so, data loaded from accessible legacy systems must at all times be of high quality. ERP project cannot succeed if the project management teams do not have a well-defined, detailed project plan related to the goals of the project.

Change management is also a success factor in the implementation of ERP project; so, careful attention has to be offered to this, considering that several changes in business processes are experienced during ERP systems implementation. Training and education are also important given that technical expertise regarding the ERP system, its reference model, and facts regarding its working are useful in the process of implementation. Other factors crucial for success consists of, availability of experts who aside from being in top management will frequently help the organization realize ERP system benefits.

Failure of ERP projects has been prevalent, and this has continued to bite worldwide across all business platforms. As pointed out in Xue et al. (2005, p.279) study, ERP poise substantial benefits like improving customer service, reducing manufacturing costs and boosts productivity, but these benefits are only realised after successfully implementing the ERP systems. Nevertheless, statistics show that implementation of ERP systems is still a failure amongst scores of companies. Statistically, 90 per cent of ERP systems implementations in Asia countries, especially China are either completed late or use more money and resources than those stipulated in budget.

In Xue et al. (2005) study, where they differentiated implementation success of ERP system in China as well as western countries, they noted that China had a higher percentage of failure which was attributed mainly to lack of support from top management as well as data inaccuracy. Other factors that led to ERP failure include poor participation, education and training, insignificant time ensuing from a minimal understanding of cross-operational organisational processes (Dechow & Mouritsen, 2005, p.691). Furthermore, ERP systems are exceedingly expensive, and also the need for the organisation to hire consultants to assist in the configuration as well as implementation, results in further escalation of price; thus, creating a high possibility of failure.

The cost used on consultants is almost thrice the cost of an ERP system; this negatively affects the productivity of the company and can lead also to the failure of the ERP system. ConclusionIn conclusion, it has been argued that ERP systems are beneficial because they improve the flow of information between every function of the company and also manages the connections to external stakeholders. Currently, the key basis of competitive advantage is the capability of a business to improve the processes of the supply chain.

This necessity has created the need for more advanced information systems like ERP systems. The articles have heightened numerous factors critical to the success of ERP, and which have allowed companies to efficiently plan their resources resulting in business efficient functionality and increased productivity. Failures as discussed in the article are caused by lack of support from top management, data inaccuracy, and lack of sufficient education and training.

The paper “New iPhones Show a Hit For Apple as Quarterly Profit Fluctuate 13 Percent” is an outstanding example of a business literature review. Yao (2014) explains that China is expected to provide information about its weakest growth since the occurrence of the global financial crisis within the third quarter while the property downturn is assessed based on manufacturing and investment. As a result, more pressure has been put on Beijing to unveil new stimulus measures. According to Yao (2014), the market assumes that the Communist Party leader will be able to adjust to the gradual slowdown. This will happen only in circumstances where there are no possibilities of experiencing a potentially destabilizing fluctuation in unemployment. However, anything weaker would lead to more speculations of key stimulus measures, for instance, an interest rate cut. Although the leadership has consistently provided steady aid specifically to vulnerable sectors of the economy, it has been noted that several stimuli have been ignored because China is still struggling to pay a huge local government debt (Yao 2014).

Article 2: New iPhones show a hit for Apple as quarterly profit fluctuate 13 percent

Due to strong demand for APPLE’s new larger-screen iPhones released in September, its quarterly profit increased by 13 percent. This also enabled APPLE to overcome the sluggish iPad sales (Jones 2014). Despite the more intensifying competition felt by Samsung Electronics as APPLE’s leading Smartphone competitor, Jones (2014) points out that the iPhone is attracting more consumers who are also ready to pay high prices particularly for cutting-edge handsets. Through its latest phones, Apple is profitably catching with its major competitors, such as, Samsung that have from time to time managed to post attractive sales of larger phones. It has also been noted that the marketing strength that iPhone has gained stands in contrast to sluggish iPad sales and the issues affecting Samsung’s Smartphone business (Jones 2014).

Article 3: Coal not the solution for poverty

Couchi (2014) examines that cheap coal-fueled electricity is highly considered by miners and politicians as the best alternative way out of poverty, particularly for developing nations. However, Africa has not considered this. In the business report provided by Couchi (2014) about the U.S financial group Citi, it can be noted that the booming market for African electricity has been a result of the coal approach. In the attempt to reinforce coals bearish outlook, Couchi (2014) reports that Citi discovered that a new International Energy Agency (IEA) outlook on the commodity is in contrast with the idea of BHP, the US coal producer Peabody as well as the Minerals Council of Australia which maintains that coal would play an integral role in minimizing energy poverty, particularly for developing countries. Despite its metallurgical and thermal forms, coal is considered the second-biggest mineral exported from Australia after iron ore (Couchi 2014).

Article 4: Ebola could be in the headlines, but tobacco is yet another killer in Africa

Research conducted by The Guardian (2014) shows that although Ebola dominates the headlines, there is yet another killer pandemic of great importance that continues to kill many people in the African continent unnoticeably. It is has been noted that tobacco kills at least one between two long term smokers. Currently, it is anticipated to kill 1 billion people globally before 2100. This is relatively more compared to the current number of people who die of Ebola. The Guardian (2014) terms this global issue as injustice and inequality because Transnational Tobacco Companies (TTCs), such as UK-based British American Tobacco (BAT) earn humungous profits yet they cause economic damage worthy over half a trillion dollars each year. Besides, TTCs contribute more to environmental degradation and thus create risks that compromise the health as well as the sustainability of populations. To earn more profits, TTCs are currently shifting and expanding their business to untapped markets in regions with unrestricted opportunities for growth (The Guardian 2014).

Article 5: NAB, ANZ lead pack in building home-lending share

The home loan is still considered the major driving force in recovering credit growth for banks. In this case, National Australian Bank (NAB) and ANZ are on the frontline to encourage the big banks in taking the advantage of the mortgage market, while home and business lending are sustainably becoming strong. Therefore, NAB and ANZ have put on media their fastest growth out of the big in all the past three months (Yeates 2014). Despite the faster growth and expansion made by NAB compared to their rivals in home lending, Yeates (2014) notes that analysts see business lending as a bigger concern because the bank has lost shares and faced more pressure, particularly on its margins. Generally, the home loan market is considered a major driving force that enables banks to recover from credit growth regardless of the risks associated with life specifically in business lending (Yeates 2014).

The paper “Globalization and Culture” is an outstanding example of a business essay. Today, it is common to hear people refer to the world as ‘a global village’. This has been a result of the process of globalization. This process has opened up and improved trade across regional and national borders. Not only has globalization enhanced economic interactions across nations but also improved access to information and uplifted the fight for human rights, among other benefits. Recent technological and communication developments along with improved road networks have been the key drivers of globalization. However, critics of globalization say that these benefits have been realized at a very high price: that of surrendering regional and national cultural values, mainly, for Western morals (Kwame, 2007).

Regarding this debate, two key schools of thought emerge. From one angle critics argue that globalization spreads out any and every culture all over the realm, leading to cultural heterogeneity and deeper understanding between diverse groups. This is mainly defined through the global production and distribution of commodities such that people in different parts of the world have access to commodities they would otherwise have never seen. A case in point is the cultural interaction between the United States and Japan. Teens in the U.S interact with the Japanese culture through their comic books, animations and video games, while teens in Japan interact with the American culture through watching TV shows and Hollywood movies produced in the U.S (Kwame, 2007).

On the flip side, critics argue that globalization erodes the regional and national cultural identity through cultural homogeneity. This leads to a cohesive global culture constituting diluted varieties of regional and national cultural nuances. For instance, French pastries, ‘American’ fried chicken, and Japanese sushi can be eaten in almost any part of the world. Restraint chains such as MacDonald’s and Starbucks have influenced traditions and behaviors in different countries. Even though champions of globalization claim that this merely affects consumer goods and media broadcasting, critics contend that it deteriorates customary culture ((Kwame, 2007; Czinkota, 2003).

Culture is a prevalent aspect in business whether it is in marketing, production, or human resource management. It is a key variable in the function of success in new markets (Czinkota, 2003). People’s purchasing decisions are based on a product’s design, style or color that supports their religious beliefs and practices. Empirical evidence shows that the success or failure of a company, especially, in a foreign market is reliant upon the effective managerial exercise of local religious beliefs and practices. Therefore, managers ought to be on familiar terms with their market’s religious differences given that religion influences people’s attitudes. For instance, Asians have a different attitude toward authority and women that differs from Western beliefs and practices. Whereas many parts of the world, including Asia, South America, and Africa, value collectivism very much, Americans are more individualistic. Chinese, Latin Americans and Koreans take time casually even as Americans are more proactive.

Failing to appreciate the religious beliefs and practices of the market will often lead to lots of inadvertent mistakes, such as being socially violent, cultural mix-ups, tarnished interpersonal relations, poor negotiations. As a consequence, the company’s future performance dwindles as profits decline. Lack of religious competence, or religious dogmatism, can easily put at risk millions of dollars through fruitless negotiations, lost purchases or sales, and pitiable customer relationships (Czinkota, 2003).

Cultural Literacy

Culture is a broad system that includes traditions, beliefs, attitudes, values, institutions and social interactions. This system reflects the global crunch facing the human race, and so it is a cultural catastrophe (UNESCO 1997). Dealing with such a cultural diversity calls for an important skill referred to as cultural competence. Chrisman (2007) defines cultural competence as ‘attitudes, practice skills, and system savvy for cross-cultural conditions’. The key force in work involving cultural competence is the people’s flexibility and ability to appropriately consider and treat the general public politely and in a proper way fitting their culture. Cultural literacy takes account of cultural competence plus the capacity to analytically mirror, and if needed institute change in, one’s a specific culture. Cultural literacy also comprises the capacity to examine the actions of central cultures measured against other cultures. This becomes very much useful in business. A case in point is the understanding of the effect of globalization or cross-cultural businesses on indigenous cultures all over the world.

Cultural literacy has been likened to an iceberg, through the iceberg model of culture. This is due to the expanse contextual material one requires to understand the culture. Cultural literacy often involves much more than the information essentially spoken. In other words, to understand the meaning of a cultural term, one has got to have much information that is not revealed by the bare meaning of that term. The clear cultural meaning of the term is like the ‘tip of an iceberg’ meaning that the deeper understanding lies below the casual meaning of the term and it constitutes a person’s own applicable information. It is known that 15 per cent or less of an iceberg can be seen above the water surface, 85 per cent or more of the iceberg is submerged below the water surface. This means that there is quite a different picture depicted shallowly from that which is the actual translation in the literature, giving the imprint that implied information comprises relatively tiny bits and pieces of information, left out by the correspondent due to dismissal or suitability (Hawkes, 2001).

Figure 1: Iceberg Model of Culture

It has been stated earlier that culture is a broad system that among other aspects involves religion. The world is very diverse in terms of culture as well as religion. Each culture embodies a creation in itself and yet it is not closed. Cultures give religious convictions semantics, and religions provide decisive connotation to each culture. Religion is a way of life for numerous cultures saturating every one human action. In other cultures, it characterizes the utmost ambitions of human life, and for others, religion is an institution that claims to convey a meaning of deliverance (Hawkes, 2001).

The paper “The Different Communications ” is an outstanding example of a management assignment. Phone: 23 rd August: the communication was made to remind that the bill for the mobile phone is outstanding and if not paid within the date will have a fine imposed on it. The communication was successful as it helped to fulfill my need and acted as a reminder. Further, the call also ensured that it was complete and all the details like outstanding amount, due date, late fine, and other details were provided. The call was complete and highlighted the important aspect which if ignored could have an impact on my usage.

Radio: 24 th August: The communication was made regarding the areas which are having huge traffic and showed the roads which should be avoided. The communication was successful as it helped to fulfill my requirements by highlighting the different roads which need to be avoided and which need to be used. The communication was further clear and loud regarding the different roads and path which should be avoided. This method acted as one where proper guidance was provided and acting in the correct way was highlighted so those correct decisions can be taken.

Communications that were unsuccessful

Television: 24 th August: The communication was made regarding the sale of women’s garments. The communication was ineffective because in the first instance it didn’t meet my needs and requirements as I was not looking to shop. Secondly, the message was not constructed properly as it didn’t speak about the brands which were available on sale, the different garments which were available, and also didn’t highlight the date when the sale would end.

Phone: 25 th August: The communication was made regarding the mobile bill payment which has already been made. The call was ineffective because it was not required as the payment has been made and I had the required receipt. The call was instead a wastage of time. In addition to it, the call was not constructed properly and required to focus on areas through which a message would have been enough as a source of communication to ensure that the payment was correctly entered.

Reasons for communication not to be successful

The communication process can be improved in the following ways

Firstly, ensuring that the communication which is made is required and is addressed properly so that the person who receives the communication gains from it (Nicholas, 2013)

Secondly, providing complete information is essential as it will serve as a benchmark to evaluate the manner in which different information is passed (Anne & Bochner, 2007). It will also help to understand the important matter which has been spoken and will help to highlight the manner in which changes can make so that proper communication and message is passed

Thirdly, the targeted audience was wrong and it is important to correct the audience (Mehrabian and Susan, 2007). This will help to improve the validity and reliability of the communication and will ensure that the process of communication becomes effective and is directed towards the correct person

Fourthly, the process of communication needs to be improved and changed so that the message is correctly interpreted and passed with the same intention (Imahori & Lanigan, 2012). This will help the listeners to evaluate the message in the correct form and will help to ensure maximum response.

Fifthly, the media which are used needs to be chosen wisely as the usage of a message instead of a phone call for bill paid confirmation would have been more helpful and could have caught the attention of the audience in a better way. This would have multiplied the effectiveness of communication and would have helped to understand the important points and issues.

The process of communication thereby requires working on the smaller and important aspect so that the overall process of communication improves and helps to provide the required dimensions through which effectiveness can be gained in the manner messages are passed.

The paper “Why Did Telefonica Initially Focus on Latin America” is a perfect example of a business assignment. Based on Telefonica’s objectives of rapidly increasing shareholder value, profits and achieving growth, it had to take advantage of location economies. Hence, the company initially focused on Latin America, as it must have perceived FDI to be a means for circumnavigating trade barriers. Indeed, the reasons why Telefonica initially focused on Latin America are perceivable through the lens of the Uppsala Model Theory.

According to the theory, the internalisation of a company across many foreign markets is correlated to psychic distance, where the first entry is to foreign markets that are familiar and closer in regards to the psychic distance of the host country, before making subsequent entries in foreign markets with greater psychic distance. Psychic distance comprises the differences in culture, language and political systems (Falvo & Parshad 2005).

Within the perspective of Uppsala Model Theory, it should be argued that companies tend to gradually increase their activities in international markets through a series of incremental stages, where the succeeding steps are anchored in learning and adapting to foreign markets (Pandian & Sim 2002).

This implies that the firms fast gain experience from the markets, where they have closer cultural ties before expanding to foreign markets. For instance, Telefonica had to first gain experience as a telecoms operator in Latin America, since the region has deep cultural ties with Spain, where it is headquartered.

Strategic competitive advantages

The company’s decision to slowly expand to Europe appeared opportunistic as well as strategic. Europe had initially possessed trade barriers that lowered the chances of successful entries. Essentially, there is a correlation between culture and national competitive advantage, where countries that are likely to impose trade barriers, in terms of competition are bypassed in preference to those that are less competitive (Enu & Attah-Obeng 2010). This argument is based on Dunning’s Eclectic Theory, which hypothesises that a company will always seek to leverage their specific advantages, including marketing, knowledge, skilled personnel, technology and information (Dunning 2001).

In this case, the Latin American markets were growing rapidly. They also experienced an increased high adoption rate and usage of mobile phones and internet connections. Additionally, after the Spanish government privatised Telefonica and deregulated the Spanish telecommunications market, the company’s core objective became increasing shareholder value, profits and achieving growth.

This implies that profit maximisation is a major drive to foreign direct development; through the use of particular advantages the company has (Glesem et al. 1990). It, therefore, had to select a region that would enable it to achieve higher profits. The company selected Latin America over Europe. Latin America had few entry barriers, such as competition and government regulations, while Europe had greater barriers due to more competitors. This implies that imperfect competition within the marketplace is a key incentive for expanding abroad. Besides, European mobile telecommunications operators had agreed they would not invade each other’s markets. However, after the entry of America Movil into Latin America, Telefonica faced a stronger competitor, forcing it to expand to Europe.

Commenting on other student’s post:

Why did Telefonica initially focus on Latin America?  Why was it slower to expand in Europe, even though Spain is a member of the European Union?

While the student hinted at the growth of multinational enterprises, a brief outline detailing why the company expanded and reasons for expansion could have provided a more relevant backdrop. Additionally, the reference to the Socialist Party by Popular Part in the general election of 1996 was irrelevant and out of context. The student’s decision to link the factors for the European Union to the opening of the telecommunications sector was misplaced. Rather, the student should have selected reasons why Telefonica selected to begin operating in Latin America before making headway to Europe. However, reference to high competition in the sector in Europe was justified.

Accordingly, the student should have explored the close cultural ties between Spain and Latin America, as the major drivers that triggered Telefonica to first launch in the region before expanding to Europe. In supporting the argument, a reference to a relevant theory, such as the Uppsala Model Theory could have pointed to the reasons why internationalisation of a company across many foreign markets is correlated to psychic distance (Uhasselt. be 2005). This includes why the initial entry is mostly made in foreign markets that are familiar and closer in regards to the psychic distance of the host country. Afterward, an explanation of what this meant to Telefonica based on the theory could have been appropriate (Gustafsson & Zasada 2011). For instance, the student should have stated that firms get to fast gain experience from the markets where they have closer cultural ties before expanding to foreign markets.

The student should have based his arguments on Dunning’s Eclectic Theory, which proposes that firms tend to use their peculiar advantages such as marketing, knowledge, skilled personnel, technology and information (Rugman 2010). Further, he should have stated that companies view FDI as a means to circumnavigate trade barriers before going forth to describe the correlation between culture and national competitive advantage, where countries that are likely to impose trade barriers in terms of competition are bypassed in preference to those that are less competitive.

While the student was also justified in arguing that the company sought to maximise profitability and to increase shareholder value, no basis was provided to support the argument, based on the case study. At this stage, the student should have suggested a theory to support his argument (Morgan & Katsikeas 1999). Later, the student should have provided examples from the case study to defend the choice of the theory he selected. However, the student provided examples outside the case study, such as “Telefonica has been able to establish footprints in 24 countries and having an average of 120,000 professionals with consolidated revenues of 24,957 million euros in January-June 2014 and more than 315.7 million customers at June 2014”

Additionally, the reasons the student outlined as the likely motivators for Telefonica to launch first in Latin America before making entries in Europe cannot be justified, as they have not been argued appropriately. For instance, in suggesting political developments, taking policy advantage and the fact that the markets shared a common language, the student should have discussed the concept of psychic distance and the related theory, such as the Uppsala Model Theory.

Business is an essential aspect of today’s evolving world. It is a lucrative industry that impacts many sectors, including education. Business-related courses are popular as many students are pursuing the…  Read More

How to write an anthropology essay perfectly?

Stuck with an anthropology essay with no help in sight? Anthropology essay writing is not a simple task. Not many college students can handle such a paper. An anthropology essay…  Read More

• Essay Tips&Tricks

All About Persuasive Essay Writing

Writing a persuasive essay requires expressing your viewpoint and convincing readers of its rightfulness. Many struggle with completing this type of written assignment because of a lack of proper writing…  Read More

• Essay Writing Guides

Table of contents

How to Write a Business Essay

Table of Contents

What is a Business Essay?

A business essay is a written analysis or interpretation of a particular business-related question or problem. Its main purpose is to present a compelling argument, supported by evidence, to persuade or inform its readers about a specific aspect of business, whether it be management, marketing, finance, ethics, or any other business-related topic.

Overview of Different Types of Business Essays:

• Analytical Essays : These essays dissect a business scenario or problem, analyze the components, and present the findings in a structured manner.
• Persuasive Essays : Aimed at convincing the reader about a particular point of view or business strategy. These require strong arguments and supporting evidence.
• Case Studies : These essays involve a detailed examination of a particular company or event. The writer explores the subject’s background, present conditions, and potential future implications.
• Comparative Essays : These contrast two or more items, such as different leadership styles, market strategies, or economic theories, to understand their distinctions and implications.
• Problem-Solution Essays : Identify a problem within a business context and propose a feasible solution, backing it up with factual evidence and analysis.

Understanding the Assignment:

Tips for comprehending essay prompts and instructions:.

• Read Carefully : Take time to read through the essay prompt several times to understand precisely what is being asked.
• Highlight Keywords : Identify action words such as “analyze”, “compare”, “critique”, or “discuss” to grasp the type of response required.
• Clarify Doubts : If anything is unclear, do not hesitate to seek clarification from the instructor or peers.

Importance of Identifying the Essay’s Objectives and Audience:

• Objectives : Understanding the purpose of your essay is crucial. Is it to inform, persuade, or analyze a business concept or strategy? Knowing this guides your research and writing process.
• Audience : Knowing who will read your essay (e.g., academics, business professionals, peers) helps tailor the language, complexity, and tone of the content to suit their level of understanding and interest.

Research and Analysis:

How to conduct thorough research using credible sources:.

• Library and Online Databases : Utilize academic libraries and online databases for reputable sources such as journals, books, and authoritative articles.
• Government and Industry Reports : These can provide reliable statistics and insights.
• Case Studies and Company Records : Great for specific insights and real-world evidence.

Methods for Analyzing Information Relevant to the Essay Topic:

• Create an Outline : This helps organize thoughts and data logically.
• SWOT Analysis : Evaluate strengths, weaknesses, opportunities, and threats related to the essay topic.
• Comparative Analysis : If applicable, compare different theories, case studies, or data sets to draw informed conclusions.
• Critical Thinking : Challenge assumptions and explore alternative viewpoints. This deepens the analysis and strengthens arguments.

In the following sections, we will delve deeper into how to structure your essay effectively, develop a robust argument, and polish your work through careful editing and proofreading.

Planning and Outline:

Creating a robust business essay outline:.

A well-structured outline serves as the backbone of your essay. It can be detailed or brief, but it should clearly map out the introduction, body paragraphs, and conclusion.

• Thematic Organization : Group your research findings into themes or categories that will become the basis for your paragraphs or sections.
• Sequential Flow : Ensure that there is a logical progression of ideas from one paragraph to the next.
• Balance : Allocate a proportional amount of content for each section according to its importance in supporting your thesis.

Strategies for Organizing Thoughts and Research Findings:

• Mind Mapping : Use this to visually organize your thoughts around the central topic.
• Bullet Lists : Make simple bullet lists to arrange facts and arguments in order of impact or relevance.
• Post-it Notes : These can be rearranged easily to help you decide on the best structure for your essay.

Writing the Business Essay Introduction:

Crafting a compelling opening statement:.

• Hook : Begin with a strong hook that captures the reader’s attention, such as a striking statistic, a rhetorical question, or a relevant anecdote.
• Relevance : Briefly relate the opening to the wider business context to show the significance of your essay topic.

Establishing Context and Stating the Thesis:

• Background Information : Provide a concise overview of the topic’s background necessary for understanding the ensuing discussion.
• Thesis Statement : Clearly articulate your thesis, presenting your central argument or stance, which the rest of your essay will support.

Body Paragraphs:

Structuring arguments logically:.

• Topic Sentences : Start each paragraph with a topic sentence that presents the main idea of the paragraph.
• Coherence : Make sure that each sentence flows logically from one to the next, maintaining coherence within and between paragraphs.

Use of Evidence and Examples to Support Points:

• Credible Evidence : Support your arguments with data and evidence from credible sources.
• Real-World Examples : Incorporate examples from actual business practices to illustrate your points more vividly.
• Explanation : Don’t just present evidence, but also explain how it supports your argument or relates to your thesis.

Concluding the Business Essay:

Techniques for summarizing the main points effectively:.

• Restate the Thesis : Reinforce the thesis statement, putting it in the context of the provided evidence and arguments.
• Summarize Key Arguments : Recap the key points made in the body, highlighting how they collectively support your thesis.

Discussing Implications, Recommendations, or a Call to Action:

• Implications : Discuss the broader implications of your findings or argument for the business world or a specific sector.
• Recommendations : If appropriate, offer well-grounded recommendations for action or further investigation.
• Final Thought : Leave the reader with a provocative final thought or question to underscore the essay’s significance and encourage further reflection.

The conclusion of your essay is not merely an endpoint but a decisive component that ties together your analysis, reinforcing the significance of your argument and its implications in the business field.

Referencing and Citation:

Guide to proper referencing styles commonly used in business essays:.

• APA (American Psychological Association) : Often used for business, psychology, and social sciences, it focuses on the author-date method of in-text citation.
• Harvard : A common author-date reference style where the citations are parenthetical, with a reference list at the end.
• Chicago : Known for its footnote or endnote style, but also has an author-date system; prevalent in history and some business publications.
• MLA (Modern Language Association) : Utilizes parenthetical citation; less common in strict business fields but sometimes used in business humanities.

To correctly format citations and references, refer to the specific style guide or use citation tools like Zotero, EndNote, or Mendeley.

Importance of Avoiding Plagiarism:

• Ethical Writing : Presenting others’ words or ideas as your own is unethical and can lead to severe academic and professional consequences.
• Originality : Original work is valued and demonstrates your own understanding and analysis of the topic.
• Credibility : Proper citation builds credibility and allows readers to verify sources, fostering trust in your analysis.

Editing and Proofreading the Business Essay:

Best practices for revising the essay:.

• Multiple Rounds : Go through several rounds of editing, focusing on different aspects each time—structure, argument flow, evidence, and then language.
• Peer Review : If possible, have a peer review your essay for fresh perspectives on content and clarity.
• Distanced Review : After writing, take a break before editing to review your work with fresh eyes.

Grammar, Punctuation, and Style Considerations:

• Consistency : Ensure consistent use of tense, voice, and person throughout your essay.
• Clarity and Brevity : Use clear and concise language; avoid jargon unless your audience is familiar with it.
• Punctuation and Grammar : Use tools like Grammarly or Hemingway Editor to catch common mistakes, or consult grammar guides for complex issues.

Business Essay Writing Tips:

• Understand the Business Lingo : Familiarize yourself with business terminology to make your essay more authoritative.
• Active Voice : Prefer active voice over passive for clarity and dynamism.
• Real-Life Application : Always consider how theoretical concepts apply in real-world business scenarios for more impactful writing.
• Critical Analysis : Go beyond describing concepts; analyze and critique them to add depth to your essay.
• Stay Updated : Use current examples and case studies, as the business world is continually evolving.

Additional Resources:

• Books : “The Elements of Style” by Strunk and White for style, “On Writing Well” by William Zinsser for nonfiction writing.
• Online Guides : Purdue OWL for comprehensive writing resources, Harvard Business Review for real-world business insights.
• Tools : Google Scholar for research, Grammarly for grammar checks, Turnitin for plagiarism detection.
• Databases : Business Source Complete, JSTOR, and SSRN for scholarly articles and publications.

How to Write a Business Essay?

Studies show that recent graduates with effective writing skills earn an average of 15% more than their peers within five years.

If you're looking to climb the corporate ladder, a strong foundation in business essay writing is an essential first step. This guide will demystify the process, from understanding the prompt to creating a compelling argument showcasing your analytical and communication abilities.

What Is a Business Essay?

A business essay is a formal piece of writing that dives deep into a specific topic within the vast world of commerce. These essays analyze and explore management, marketing, finance, or entrepreneurship concepts.

B-school essays provide a platform to critically examine business theories, present research findings, and propose solutions or strategies while adhering to clear and concise communication for maximum impact.

Need Help with B-school Essays?

Try our business writers once – and you’ll never want to come back.

The business essay is a powerful tool that allows you to delve into specific business topics, analyze them critically, and present your findings persuasively. Here are nine easy-to-follow steps to produce a winning business essay that showcases your understanding and analytical prowess. If you’re in a hurry, simply drop us a line saying, ‘ help me with my essay ,’ and our experts will handle your request.

Decipher the Prompt

Before diving in, thoroughly understand the essay question. Identify the key terms, analyze the expected response (analysis, argument, etc.), and ensure your essay stays focused on the prompt.

Don't just skim the essay question. Dive deeper! Underline key terms to understand the response type expected (analysis, argument, etc.). Consider your audience - professor, employer, or wider business audience - and tailor your writing accordingly.

If the prompt is complex, deconstruct it into smaller, answerable questions to clarify the points you need to address.

Craft a Thesis Statement

This is your roadmap! A clear thesis statement summarizes your main argument or central idea. It should be concise and directly address the prompt.

Avoid vague statements! Instead of saying, "Social media marketing is important," aim for something like "Strategic use of social media platforms can significantly increase brand awareness among millennials in the tech industry."

Make a claim, not just present facts. Argue a point and provide evidence to back it up. Your thesis should hint at the main arguments you'll discuss later.

Outline for Success

Create an outline to structure your essay. This helps organize your thoughts, ensures logical flow, and prevents going off on tangents.

Before writing an essay outline , brainstorm all your ideas about the topic. This helps visualize the bigger picture and identify potential arguments. A strong outline should have a clear introduction, body paragraphs with topic sentences, and a conclusion.

Use headings as guides to break down complex topics into smaller sections for better organization.

Research and Evidence

Business essay writing benefits from credible sources. Gather data, statistics, or examples from academic journals, business publications, or reputable websites to support your arguments.

Don't rely solely on textbooks. Utilize academic journals, business publications, industry reports, and reputable news websites to find data, statistics, and case studies.  

Always check the author's credentials, publication date, and website reputation before citing sources to avoid plagiarism . Don't just dump facts into your essay. Explain how the evidence supports your arguments and connects back to your thesis.

Drafting Time

Now, flesh out your outline! Write a clear and concise first draft, focusing on getting your ideas down first. You can always refine the language later.

Don't feel pressured to begin with the introduction. If a specific body paragraph comes to mind first, write that down!  Aim for clear, professional language that effectively communicates your ideas.

Avoid overly complex sentences or jargon. The first draft is for getting your thoughts down. You can refine the language and sentence structure later.

Sharpen Your Arguments

Edit and revise your essay. Strengthen your arguments with evidence and ensure logical flow between ideas. Transition words and phrases can improve readability.

Ensure each claim you make is supported by credible sources. Read your essay critically to ensure a smooth transition between ideas. Use transition words and phrases to connect paragraphs and arguments.

Briefly acknowledge opposing viewpoints and explain why your argument holds more weight.

Proofread Like a Pro

Once you learn how to write a business essay, meticulously proofread your essay for grammatical errors, typos, and formatting inconsistencies.

Double-check for typos, subject-verb agreement, and correct punctuation . Re-read sentences to ensure they are clear and can't be misinterpreted. Look for opportunities to tighten your language.

Ensure all in-text citations and references follow the required style guide (APA, MLA, Chicago).

Conclusion Counts

Write a concluding paragraph summarizing your main points and reiterating your thesis statement. You can also leave the reader with a final thought or implication.

Briefly remind the reader of your main arguments and the significance of your thesis. End with a thought-provoking statement, a call to action, or a final implication related to your topic. The conclusion should summarize, not introduce new ideas.

Formatting Finesse

Ensure your essay adheres to the required formatting style, be it APA, MLA, or Chicago. Double-check margins, font size, and citation format.

Make sure your essay adheres to the required style guide in terms of margins, font size, spacing, and title page format. Headings can improve readability. Use them strategically to break up long chunks of text.

Maintain a professional appearance using a professional font and consistent formatting throughout the essay.

Haven’t Finished Your Business Essay Yet?

There’s still time to use our service and fit into the schedule stress-free.

Writing business essays equips students with valuable skills for the professional world. Students refine their critical thinking, persuasion, and analytical abilities by shaping arguments, organizing data, communicating clearly in a formal setting, and submitting a business letter essay .

These sharpened skills not only boost their confidence for future business courses and careers but also make them more attractive candidates in a job market that highly values effective communication.

How Do You Start a Business Essay?

How long is a business essay.

• Business School Essay Samples - Essay Writing Center. (n.d.). International Student. https://www.internationalstudent.com/essay_writing/business_essay/

Project Types We Cover

• Admissions Essay
• PowerPoint Presentation
• Research Paper
• Book Reviews
• Personal Statement
• Ph.D Dissertation
• Proofreading

Academic Fields & Subjects

• Programming
• Computer Science
• Other projects we help with
• Our Experts
• Plagiarism Checker
• Writing Tips

How to Write a Business Essay: Step-by-Step Guide

By: Tasha Kolesnikova

Reviewed: Angelina Grin

Business is one of the most popular fields of study in high school and college. Given how broad a subject it is and the fact it can be widely applied to a variety of different careers, that comes as no surprise.

What Is a Business Essay?

✍️ key steps, ✍️ business essay introduction example, ➡️ introduction, ➡️ background, ➡️ body paragraphs, ➡️ conclusion, ➡️ bibliography, business essay format, business essays editing and proofreading, ☑️ how many paragraphs does a business essay have, ☑️ how do you start an introduction for a business essay, ☑️ how do you write a conclusion for a business essay, ☑️ what is the most important part of a business plan, ☑️ what style guide should i follow when writing my paper.

One of the biggest academic challenges a student in this area must face is writing business essays. These papers provide learners with the opportunity to apply themselves and come up with a great piece of writing. In this article, we’ll explain how to write an essay about business, from the opening lines of your introduction to your bibliography. If you can't find the strength to write the paper yourself, contact our business essay writing service .

A business essay is a paper on some aspect of business, whether it’s about a broad concept or a report on a specific company. Such pieces can range between analyses of just a few paragraphs and full-length dissertations for university. Business essay writing encourages the writer to closely examine the nature of the field and to analyze it from their unique point of view using business terms.

As is the case with any scholarly piece of writing, business research papers require the author to put in a great deal of research and planning. The rest of this article will describe how to write business essays in greater detail.

How to Write an Introduction for a Business Essay

To write a good business essay introduction, there are a few key steps you must follow. In this section, we’ll walk you through each of those steps before providing you with an example of a well-written business essay introduction.

If you are unsure how to write a business essay introduction, follow these steps:

• Research your chosen topic thoroughly. Before you begin writing a business essay, you should make sure that you’ve thoroughly researched your chosen topic. During this stage, you should consult a variety of different sources to make sure you have a well-rounded view.
• Draft an outline of your paper. Plan out what the rest of your paper will look like. What is the main argument of your essay? How will you structure your argument? What will each body paragraph cover? Questions like this will help you draft a solid outline.
• Come up with a thesis statement. Once you’ve solidified your main argument, distill it into a thesis statement . This should be a single sentence that summarizes the point you’re trying to make and gives readers a sample of what to expect. Be sure to include your thesis statement in your introductory paragraph.
• Write your first draft. Finally, it’s time to start writing. Don’t expect your first draft to be perfect — that’s what editing is for. Make sure to frequently reference your outline to ensure you’re staying on topic.
• Redraft your introduction. Once the first draft of your paper is complete, take another look at your business essay introduction. In all likelihood, it may need to be fleshed out a bit more and may even require some revisions.

In 2020, the whole world saw the rise of the COVID-19 pandemic; now, almost three years later, we still feel its impact. During this time, the business sector has undergone dramatic change, with companies across all industries evolving and changing to survive. While this disease has certainly caused untold damage to countless firms across the globe, it has also forced innovation and transformation. This essay will explore how the coronavirus pandemic has shaped the commercial landscape — more specifically, through creating the need for process automation.

How to Write a Good Business Essay

When it comes to writing a business essay, there are a few steps you can follow to ensure you produce an outstanding piece of work. In this section, we’ll explain the approach you should take for writing two different kinds of essays: discussion-type essays and case studies .

Whether you want to know how to write an essay on your business or how to write a report for class, following the advice in this section will be of great benefit to you.

In a discussion-type paper, you will be given the task of discussing two points of view on a given topic. It is your job to carefully analyze both and present your own opinion on the subject at hand. In your introduction, you should introduce the topic and the contrasting opinions you will be comparing, and you should also summarize your view.

As the name suggests, a case study is all about providing an in-depth examination of a particular case. In the context of business studies, this involves writing up a detailed report on a company. You may choose to write on anything from a product or service they offer to their management style.

This section of your paper should give a detailed history of your chosen subject. When writing a discussion paper , you will be expected to detail the background of your topic question. You will also have to explain the history of the two viewpoints you are comparing — how they arose, how they were popularized, and so on.

When writing a case study, your background section should simply focus on the history of the company you are writing about, including information on its finances. If you are writing about a particular product or service the company offers, you should include a section on it.

Your body paragraphs should form the bulk of your paper. In a discussion essay, you should use this section to elaborate upon the contrasting viewpoints you are comparing, making sure that you back up your points with concrete evidence. Ensure that you also include an explanation of your thoughts and ideas on the subject matter, founded on logical reasoning.

In a study of a case, you will use this section to provide the reader with further information about your chosen company. Be as detailed and accurate as possible, again being sure you back up your claims with references to credible sources.

The conclusion of your paper is where you bring everything together. In a discursive essay, you should summarize the main points from either side of your argument. You should also give a definitive answer about where you stand on the topic.

In a study of a case, you will use your conclusion to summarize the content of your report. If you have been asked to provide an analysis of your case, you should also use this section to briefly sum up your critical opinion of the company.

Finally, your bibliography is a record of all the sources you used when writing your piece. This includes not only sources you cited but also any texts you may not have directly referenced but are still relevant to your research.

When talking about how to write an essay for business class, it’s important to think about the format of your paper as well. In academia, format refers to the style guide you should follow when writing your papers. This affects everything from line spacing and margin size to citations and whether you use numerals or letters when writing out numbers.

The format used for business essay is APA (American Psychological Association) style. If you are unsure of what this entails, then we recommend checking the style manual for yourself and searching for business essay format example.

As students well know, the work doesn’t stop after you’ve finished writing your essay. Next up, it’s time to proofread and edit your piece.

Here are a few tips to help you in this process:

• Give yourself plenty of time. Don’t fall into the trap of leaving proofreading and editing for the hours before submission. Rather, allow yourself as much time as possible to ensure that you do a thorough job.
• Don’t start editing immediately after you finish writing your piece. When you’ve been working on a paper for a while, you can sometimes miss glaring spelling mistakes and punctuation errors. Give yourself a break and approach your work with a fresh pair of eyes.
• If possible, get someone else to read it for you. A friend might be able to provide you with a more objective opinion and may also be able to catch mistakes that you missed, even if they’re not acquainted with academic language.

The number of paragraphs your piece should have depends on the type of paper it is and the context in which you are writing it. For example, a high school analysis will be significantly shorter than a university research paper.

Before beginning to write it, make sure you have researched your chosen topic in detail and know what arguments you will be presenting in your paper. Be sure that somewhere within your introduction you include a thesis statement declaring this argument.

When writing a conclusion for your paper, reiterate your central argument and summarize your main points. Also, be sure to include a brief explanation of why your findings matter.

The most important part of any business plan is the executive summary. This should provide the reader with an outline of the rest of your report—your market analysis, marketing strategies, financial predictions, and so on — so that they know what to expect.

The preferred business essay writing format is APA (American Psychological Association) style , most commonly associated with education and the social sciences. That being said, your college may have different formal requirements, so check with your department before you start writing.

User ratings:

User ratings is 5 stars.

5 /5 ( 6 Votes)

Content Writer

I studied sociology and marketing at Europa-Universität Viadrina (Germany) and Universidade da Beira Interior (Portugal). When I was a sophomore, back in 2018, I decided to put what I've learned into practice, so I got my first job in digital marketing. I currently work in the content marketing department at Studybay, building strong, effective, and respectful communication between the platform and our clients.

Creative Writer and Blog Editor

Despite my relatively young age, I am a professional writer with more than 14 years of experience. I studied journalism at the university, worked for media and digital agencies, and organized several events for ed-tech companies. Yet for the last 6 years, I've worked mainly in marketing. Here, at Studybay, my objective is to make sure all our texts are clear, informative, and engaging.

Add Your Comment

We are very interested to know your opinion

This website produces good information on how to write a very structural and convenience business essays .Therefore i recommend this page as a very helpful and good.

Basham Polope

When it comes to business articles, I tend to have a counterargument. However I really enjoyed the presentation and conclusion of this write-up. Informative, concise and a truly pleasant read.

I enjoyed reading this piece. Now I know it’s necessary to get someone to edit grammatical errors and maybe include certain business terms in my work.

This is such a detailed analysis of business essays! As a business major, I know for the essays, research and proofreading are important. However, I never considered an outline plan. It makes things so much easier.

Never knew that my normal business essay assignments needed an outline and keywords. Who would have thought. Lol. I guess I’ve been doing it all wrong. Thanks for making this simple, the tone and language use are right up my alley.

I’ve been an avid reader of the authors of this blog. One thing I’m extra sure of is that the articles are always so well structured and extremely relevant for the academic community. From the headings to the words, everything was helpful and I feel like I’ve been well enlightened.

I am currently carrying out a study and dissertation on different types of businesses and their modus operandi. I got stuck at the discussion part, so I took a small break. I’ve gotten enough info and I’ll be sure to include this in my references 😁.

I just got into college and in our first class we were given a business essay due for the next class. I asked my roommate how do I even write a business essay. She sent this link and now I have an idea of what to put in each paragraph and structure the body. Thanks!

It’s a nice piece you’ve got here. I like how it has been able to explain how to present arguments, structure the main body, discuss findings and include resources where relevant. I’m not even a business student and I feel like I know everything that is necessary to write one. The concluding part was straight to the point.

Upgrade your writing skills!

Try our AI essay writer from Studybay today!

Essay About Business: Top 5 Examples and 7 Prompts

We see business in action in every aspect of our life. So if you need to write an essay about business, look into this article to find examples and prompts to help you get going.

The word “business” encompasses a broad range of activities and branches. However, in its most straightforward meaning, business refers to an institution or a group that works together and engages with others to achieve a goal that will benefit them. 

To give you an idea of how prevalent business is, think of all the times you buy from a store. Any time you get something from an enterprise, big or small, you’re already in business with them. However, businesses such as charities, churches, and volunteer services organizations also envelop transactions not for profit.

To aid you in writing an excellent essay about business, here are examples you should read, followed by prompts to give you ideas on what to write about.

1. Don’t Sell Yourself Short by Manya Whitaker

2. my personal experience in business by shannon murphy, 3. business ethics and work ethic essay by writer annie, 4. the importance of business study by shyam soni, 5. essay on environment, sustainability and business by  aastha singhal, 1. my business aspirations, 2. businesses i want to support, 3. business in the future, 4. business and ethics, 5. what makes a business more appealing, 6. how businesses affect my community, 7. my bad experience with a business.

“Like a good researcher, I did some investigation into what it meant to run a small business… While the initial work seemed intense, the service itself was no more work than I’d been doing for free. And as my father always says ‘don’t sell yourself short’…so I decided not to.”

Whitaker recounts her life experiences and how she came to think of starting an educational consulting business. Next, she goes through the hoops of when to best start her business, what fees are acceptable, and how to let people know her business exists. She then shares her many tips with professors who want to start their businesses and ends her essay by encouraging them to utilize their talents. 

“Businesses today require not just setting a plan but also about the investment and proper management of people, assets, live time opportunity, and risk to make the business expand and develop. I see myself contributing to the development of good business practices in years to come where I will be leading a great business organization effectively.”

Murphy discusses why she wanted to study business enterprise, saying that “business makes life interesting and worth living.” She also talks about her encounter with a businessman and how he motivated her through his stories. Finally, Murphy shows her determination to go through with her career plans in the business industry through her essay.

“Work ethics comprise more than the desire of the job or career but also how one claims his/her path of achievement… I believe work ethics demonstrate many aspects of a person and how a person is within. So, I ask a question to myself today, what are my work ethics and what do I define them?”

In this short essay, the author decides on what work ethic means to her. She includes traits that make her believe it’s a virtue and even offers an example. She also believes that work ethic is intrinsic and ends her essay by sharing the two fundamental traits of her work ethic: humility and treatment.

“Business has become indispensable in our lives. Nearly everything an individual does is directly or indirectly related to business.”

In his essay, Soni expounds on how business affects every aspect of our lives. For example, businesses encourage people to give their best to the world, benefitting everyone. He also lists some of these benefits, such as business helping in choosing a career, understanding business strategies, and recognizing our contribution to a nation’s success.

“Admittedly, the process of changing corporate mindsets and culture to embrace sustainability can be a challenge for some enterprises… maintaining an environment that enables continued prosperity is imperative for any organization’s survival and growth.”

In her essay, Singhal distinctly shows the connection between our surroundings and survival with businesses. She presents how businesses should lead the demand for environmental sustainability because they can make a relevant change. However, at the same time, businesses can also damage the environment and be detrimental to sustainability. 

She further explains what businesses today are doing to answer their green consumer’s call, such as green regulations and more efficient usage of resources. Finally, she ends her essay with a quote identifying the challenge of the twenty-first century: for people to have a decent standard of living while preserving other aspects of life.

Do you want to upgrade your essay paper? Then, check out this list of the best essay writing apps to help refine your work.

7 Prompts on Essay About Business

After learning more about the subject, write your essay with these easy but enjoyable prompts:

In this essay, you can explain why you want to have a business, including your inspirations and motivations. For example, maybe your family already has a business, and you want to continue it. Or perhaps you want to create a business that will help others. Include personal anecdotes and descriptive paragraphs to convey your thoughts and feelings.

This essay prompt lets you list the businesses you want to get more exposure to. Aside from identifying which business you want to see grow, present why you want them to have more recognition in the first place. 

You can write about a small local bakery from which you always get your bread and share the owner’s story. Or you can shift the attention to a charitable organization that needs more donations to continue its mission. Share why this specific organization is dear to you. You’ll not only end up with a great essay but also help these businesses.

This prompt is perfect for you if you want to talk about curiosity-inducing business-related ideas. You can present propositions on how businesses will be conducted years from now. Do you imagine advanced and intelligent AIs capable of holding a conversation to sell a product successfully? What about flying cars? Don’t be shy, and include all of your concepts. 

There has always been a gray area between business and ethics. As a party to this affair, you can share how important ethics is to the business and its clients. You can talk from the client’s point of view – do you still buy a product of a business with questionable ethics? Or do you only support businesses that hold their ethics in high regard? Then, explain why.

There are many marketing tactics businesses use to attract customers. But what if those do you think are most effective? You can write your essay and include the advertisement types that work for you and why. 

You don’t need to go far to find something to write about with this prompt. Identify the things that businesses in your area directly affect, positive or negative. For instance, having businesses in your community makes accessing comedies easier. On the other hand, having many businesses could make a living in your area more expensive.

To make your essay more compelling, you can recount a bad experience with an establishment. Then, narrate it like a story to engross your readers by describing how management handled things and what you felt during that time. Did it discourage you from going back to that business?

You can also add how you think the people in charge should have acted by suggesting a specific course of action. Again, this will give potential business owners a glimpse of how they can run their businesses better.

Note: Improving your paper’s readability score is also a key criterion when editing for grammar.

• Career Advice

Don't Sell Yourself Short

By  Manya Whitaker

You have / 5 articles left. Sign up for a free account or log in.

One of the joys of being a scholar in an applied field like psychology or education is the ability to work on the ground with “real people.” In other words, as an educational developmental psychologist, my work happens to easily skip out of the Ivory Tower. Though I am trained as a developmental psychologist, my research is situated firmly within education. Largely construed, I investigate the sociocontextual factors that affect low-income students’ academic achievement. More simply put, I work with teachers, admin, and families to improve academic outcomes for marginalized students. For many years, this took the form of teacher in-service workshops focused on parental involvement. Because schools serving underrepresented demographics struggle with facilitating meaningful parental participation in children’s schooling, I help them figure out how to access, communicate with, and engage “hard-to-reach” parents.

As an off shoot of that work, I was often asked to hold workshops at small conferences or to sometimes attend open houses and speak to parents. Once word got out that a young Black woman was working with families in urban schools, I received more requests to give keynote addresses, tutor, or come speak to first generation hopefuls at area high schools. I ended up spending so much of my free time doing such things, I had no choice but to cut way back. But, in cutting back I realized how much I missed engaging with people in ways that affect immediate change. There is something special about sitting in a family’s home, at their kitchen table, speaking with the very people who constitute the “subject” of your research. I enjoyed hearing their stories and brainstorming ways to help their children. I liked being an advocate for families who may not have the time, energy, or information to effectively advocate for themselves.

While talking to a good friend who has much more of an entrepreneurial mind than me, it dawned on me that I could start an educational consulting business. Like a good researcher, I did some investigation into what it meant to run a small business. I spoke with my father who has successfully run his own small business for over a decade. I spoke to friends with all kinds of businesses in varying stages of businessdom. While the initial work seemed intense, the service itself was no more work than I’d been doing for free. And as my father always says “don’t sell yourself short”…so I decided not to.

Before I got into the nitty gritty of starting my business, I paused to consider the implications for my full-time career as a tenure track professor. Was this even ethical? Was I violating some implicit agreement between myself and the Academy? Did my knowledge and skills belong solely to the institution and its concomitants? No, surely not. That’s absurd….right?

The fact that I paused to think about this quandary more than once speaks to the ways in which academics are inculcated into academia in a sometimes unhealthy manner. I’m not sure what it is about graduate school that makes one’s intellectual property feel like the property of others. It might be the fact your advisor or committee has so much control over what you actually produce, that it indeed feels as though your words aren’t your own. Or maybe it’s the publish or perish mantra that really means “ it is your duty and obligation to publicly share your thoughts for the good of the public .” I find it odd that in other professions, people are paid well for the knowledge and skills they spend years acquiring and refining. But academics are expected to share their assets solely for the glory and grandeur of it? Yes, tenure is a huge benefit that is often directly correlated with the amount and quality of one’s scholarly contributions; however, other professions have this too. They call it a “promotion” or a “raise.”

Getting Started

I decided that I, too, deserved a promotion and a bonus for all the extra work I do to translate my research into practice. I therefore brainstormed company names (of course that was my first task—it was by far the most fun), chose colors, hired an artist to create a logo, and filed my business as an S-corporation with the federal and state government. Then the school year started.

Being realistic, I knew that starting a small business in August was not the best timeline. I knew once school started my efforts would be 100% devoted to a successful first year on the tenure-track. I made plans to reengage with my business in June of the following year, and I did just that. This past June, I conducted market research on types of services, prices, and timelines of most interest to my target demographic. I also asked them about the possibility of utilizing consulting services via social media and other popular forms of technology in lieu of face-to-face interactions. I was surprised to see that most participants in my pseudo-study were more concerned with the price of services than the mechanism through which they would be delivered.

After creating a list of services and running my pricing models by other entrepreneurs in similar fields, I created marketing materials. Besides business cards, I also ordered rack cards, folders with my logo on them, and printed a “menu” of services with accompanying fees. I considered creating a Facebook page, but that didn’t seem like it would be worth my time and effort. If I know anything about education, I know that information spreads through word of mouth, not written materials. To help spread the word about my business, I did two things: the first was becoming an affiliate member with the gym where I am a member. The second was offering a 20% referral bonus. The latter is how I secured clients 2 and 3. I considered advertising my services in the newspapers of the local colleges, but the cost would offset the potential financial gain, so I decided against it.

I’ve been in business a few short months, but so far it’s going well. The academic year started a few weeks ago and I admit that it’s tough coming home from a full-time job to do more work. But it is very much worth it. My clients are extremely appreciative and more than willing to refer me to their family and friends. That’s more than can be said of the outcomes of publishing in academia.

For the professors who think that maybe they too want to start a business, I have a few bits of advice:

• Be clear in why you want to start a business. Writing a mission statement should be one of the first things you do. I referred to the Small Business Administration for help in creating a business plan, deciding my business structure, and learning about the legalities of owning a business.
• Research your market. Ask them what services are of interest, how much they would be willing to pay, and any other information necessary to execute your idea.
• Apply for grants to help fund your business. There are dozens of grants for women and people of color specifically for small business owners.
• Similarly, make a budget. And make sure your budget includes the taxes you pay on your earnings. This will also help you decide appropriate price points for your services/products.
• Be realistic in your timeline for development and growth. Starting a business takes a lot of time and thought. Decide if this is the appropriate time in your life to start such an important endeavor. Once you have clients, it is unlikely they will care as much about your tenure clock as you.
• Start small. Offer your services/products for free or at a reduced cost for a while. Then, have those clients write reviews and help spread the word about your business.
• Grow slowly. As you gain clients, it will be tempting to hire more people to help you meet the demand; however, remember that like being a professor, owning a business is a learning process. Consider the pros and cons of having employees and/or business partners. Always refer back to your mission statement as your guiding rule.
• Continue to improve your product. It is not only articles that benefit from a good R&R (revise & resubmit).

To other professors for whom owning a business is not desirable, I encourage you to find other ways to utilize your talents. Perhaps you could write a blog, or better yet, children’s books! Perhaps you can volunteer in community organizations providing services to those who will not get to meet you within the economically discriminatory walls of academia. Or perhaps you can just talk to whomever you please about whatever you please, without the pressure of “perishing” after the conversation. The knowledge is yours to do with what you choose.

Taylor & Francis AI Deal Sets ‘Worrying Precedent’ for Academic Publishing

The publisher didn’t give authors any notice before selling access to its data to Microsoft for $10 million.

Share This Article

More from diversity.

Safeguarding Black Women Educators’ Mental Health

Campus leaders and colleagues must recognize their battle fatigue—and the sophisticated racism at its root—and work t

Hold Steady or Issue an Exit Ticket?

What’s really at stake when colleges lose faculty of color.

Top administrators must respond to increasingly pervasive legislation that hinders the recruitment, retention and vit

• Become a Member
• Sign up for Newsletters
• Learning & Assessment
• Diversity & Equity
• Career Development
• Labor & Unionization
• Shared Governance
• Academic Freedom
• Books & Publishing
• Financial Aid
• Residential Life
• Free Speech
• Physical & Mental Health
• Race & Ethnicity
• Sex & Gender
• Socioeconomics
• Traditional-Age
• Adult & Post-Traditional
• Teaching & Learning
• Artificial Intelligence
• Digital Publishing
• Data Analytics
• Administrative Tech
• Alternative Credentials
• Financial Health
• Cost-Cutting
• Revenue Strategies
• Academic Programs
• Physical Campuses
• Mergers & Collaboration
• Fundraising
• Research Universities
• Regional Public Universities
• Community Colleges
• Private Nonprofit Colleges
• Minority-Serving Institutions
• Religious Colleges
• Women's Colleges
• Specialized Colleges
• For-Profit Colleges
• Executive Leadership
• Trustees & Regents
• State Oversight
• Accreditation
• Politics & Elections
• Supreme Court
• Student Aid Policy
• Science & Research Policy
• State Policy
• Colleges & Localities
• Employee Satisfaction
• Remote & Flexible Work
• Staff Issues
• Study Abroad
• International Students in U.S.
• U.S. Colleges in the World
• Intellectual Affairs
• Seeking a Faculty Job
• Advancing in the Faculty
• Seeking an Administrative Job
• Advancing as an Administrator
• Beyond Transfer
• Call to Action
• Confessions of a Community College Dean
• Higher Ed Gamma
• Higher Ed Policy
• Just Explain It to Me!
• Just Visiting
• Law, Policy—and IT?
• Leadership & StratEDgy
• Leadership in Higher Education
• Learning Innovation
• Online: Trending Now
• Resident Scholar
• University of Venus
• Student Voice
• Academic Life
• Health & Wellness
• The College Experience
• Life After College
• Academic Minute
• Weekly Wisdom
• Reports & Data
• Quick Takes
• Advertising & Marketing
• Consulting Services
• Data & Insights
• Hiring & Jobs
• Event Partnerships

4 /5 Articles remaining this month.

Sign up for a free account or log in.

• Sign Up, It’s FREE

This site uses various technologies, as described in our Privacy Policy, for personalization, measuring website use/performance, and targeted advertising, which may include storing and sharing information about your site visit with third parties. By continuing to use this website you consent to our Privacy Policy and Terms of Use .

   COVID-19 Update: To help students through this crisis, The Princeton Review will continue our "Enroll with Confidence" refund policies. For full details, please click here.

We are experiencing sporadically slow performance in our online tools, which you may notice when working in your dashboard. Our team is fully engaged and actively working to improve your online experience. If you are experiencing a connectivity issue, we recommend you try again in 10-15 minutes. We will update this space when the issue is resolved.

20 Must-Read MBA Essay Tips

Business school admissions committees care about more than (just) your  GMAT scores and GPA —they want to know who you are and why you belong in their program . Your MBA essays are your best chance to sell the person behind the résumé. They should tie all the pieces of your business school application together and create a comprehensive picture of who you are, what you've done, and what you bring to the table.  Here's a roundup of our best MBA essay tips to keep in mind as you begin to write.

How to Write an Unforgettable B-School Essay

1. communicate that you are a proactive, can-do sort of person..

Business schools want leaders, not applicants content with following the herd.

2. Put yourself on ego-alert.

Stress what makes you unique, not what makes you number one.

3. Communicate specific reasons why you're great fit for each school.

Simply stating "I am the ideal candidate for your program" won't convince the admission committee to push you into the admit pile.

Read More: Find Your Business School

4. Bring passion to your writing.

Admissions officers want to know what excites you. And if you'll bring a similar enthusiasm to the classroom.

5. Break the mold.

Challenge perceptions with unexpected essays that say, "There's more to me than you think."

6. If you've taken an unorthodox path to business school, play it up.

Admissions officers appreciate risk-takers.

7. Talk about your gender, ethnicity, minority status or foreign background....

But only if it has affected your outlook or experiences.

8. Fill your essays with plenty of real-life examples.

Specific anecdotes and vivid details make a much greater impact than general claims and broad summaries.

9. Demonstrate a sense of humor or vulnerability.

You're a real person, and it's okay to show it!

BONUS: Don't Make These MBA Essay Mistakes

1. write about your high school glory days. .

Admissions committees don't care if you were editor of the yearbook or captain of the varsity team. They expect their candidates to have moved onto more current, professional achievements.

2. Submit essays that don't answer the questions.

An off-topic essay, or one that merely restates your résumé, will frustrate and bore the admissions committee. More importantly, it won't lead to any new insight about you.

Attend UNC's top-ranked online MBA program without putting your career on hold. See how.

3. Fill essays with industry jargon.

Construct your essays with only enough detail about your job to frame your story and make your point.

4. Reveal half-baked reasons for wanting the MBA.

Admissions officers favor applicants who have well-defined goals. However unsure you are about your future, it's critical that you demonstrate that you have a plan.

5. Exceed the recommended word limits.

This suggests you don't know how to follow directions, operate within constraints or organize your thoughts.

6. Submit an application full of typos and grammatical errors.

A sloppy application suggests a sloppy attitude.

7. Send one school an essay intended for another—or forget to change the school name when using the same essay for several applications.

Admissions committees are (understandably) insulted when they see another school's name or forms.

8. Make excuses.

If your undergraduate experience was one long party, be honest. Discuss how you've matured, both personally and professionally.

9. Be impersonal in the personal statement.

Many applicants avoid the personal like the plague. Instead of talking about how putting themselves through school lowered their GPA, they talk about the rising cost of tuition in America. Admissions officers want to know about YOU.

Read More: How to Ace Your MBA Interview

10. Make too many generalizations.

An essay full of generalizations is a giveaway that you don't have anything to say.

11. Write in a vacuum.

Make sure that each of your essays reinforce and build on the others to present a consistent and compelling representation of who you are, what you've done, and what you bring to the table.

Practice for the GMAT

Take a GMAT practice test with us under the same conditions as the real thing. You'll get a personalized score report highlighting your strengths and areas of improvement.

START A FREE PRACTICE TEST

• Business School  

Find MBA Programs Matched to Your Interests

Explore our featured business schools to find those that are looking for students like you.

Top Online MBA Programs

On a mission to increase your salary? Our Top 50 Online MBA ranking is based on academics, career outcomes, tech platforms, and more.

Best Career Prospects

Find out which schools have the best track records for getting students jobs—and the highest starting salaries.

Top Schools for Entrepreneurship

Ready to build your own business from the ground up? Check out these 50 graduate programs.

Free MCAT Practice Test

I already know my score.

MCAT Self-Paced 14-Day Free Trial

Enrollment Advisor

1-800-2REVIEW (800-273-8439) ext. 1

1-877-LEARN-30

Mon-Fri 9AM-10PM ET

Sat-Sun 9AM-8PM ET

Student Support

1-800-2REVIEW (800-273-8439) ext. 2

Mon-Fri 9AM-9PM ET

Sat-Sun 8:30AM-5PM ET

Partnerships

• Teach or Tutor for Us

College Readiness

International

Advertising

Affiliate/Other

• Enrollment Terms & Conditions
• Accessibility
• Cigna Medical Transparency in Coverage

Register Book

Local Offices: Mon-Fri 9AM-6PM

• SAT Subject Tests

Academic Subjects

• Social Studies

Find the Right College

• College Rankings
• College Advice
• Applying to College
• Financial Aid

School & District Partnerships

• Professional Development
• Advice Articles
• Private Tutoring
• Mobile Apps
• International Offices
• Work for Us
• Affiliate Program
• Partner with Us
• Advertise with Us
• International Partnerships
• Our Guarantees
• Accessibility – Canada

Privacy Policy | CA Privacy Notice | Do Not Sell or Share My Personal Information | Your Opt-Out Rights | Terms of Use | Site Map

©2024 TPR Education IP Holdings, LLC. All Rights Reserved. The Princeton Review is not affiliated with Princeton University

TPR Education, LLC (doing business as “The Princeton Review”) is controlled by Primavera Holdings Limited, a firm owned by Chinese nationals with a principal place of business in Hong Kong, China.

Have a language expert improve your writing

Run a free plagiarism check in 10 minutes, generate accurate citations for free.

• Knowledge Base

The Beginner's Guide to Writing an Essay | Steps & Examples

An academic essay is a focused piece of writing that develops an idea or argument using evidence, analysis, and interpretation.

There are many types of essays you might write as a student. The content and length of an essay depends on your level, subject of study, and course requirements. However, most essays at university level are argumentative — they aim to persuade the reader of a particular position or perspective on a topic.

The essay writing process consists of three main stages:

• Preparation: Decide on your topic, do your research, and create an essay outline.
• Writing : Set out your argument in the introduction, develop it with evidence in the main body, and wrap it up with a conclusion.
• Revision:  Check your essay on the content, organization, grammar, spelling, and formatting of your essay.

Instantly correct all language mistakes in your text

Upload your document to correct all your mistakes in minutes

Table of contents

Essay writing process, preparation for writing an essay, writing the introduction, writing the main body, writing the conclusion, essay checklist, lecture slides, frequently asked questions about writing an essay.

The writing process of preparation, writing, and revisions applies to every essay or paper, but the time and effort spent on each stage depends on the type of essay .

For example, if you’ve been assigned a five-paragraph expository essay for a high school class, you’ll probably spend the most time on the writing stage; for a college-level argumentative essay , on the other hand, you’ll need to spend more time researching your topic and developing an original argument before you start writing.

Prevent plagiarism. Run a free check.

Before you start writing, you should make sure you have a clear idea of what you want to say and how you’re going to say it. There are a few key steps you can follow to make sure you’re prepared:

• Understand your assignment: What is the goal of this essay? What is the length and deadline of the assignment? Is there anything you need to clarify with your teacher or professor?
• Define a topic: If you’re allowed to choose your own topic , try to pick something that you already know a bit about and that will hold your interest.
• Do your research: Read  primary and secondary sources and take notes to help you work out your position and angle on the topic. You’ll use these as evidence for your points.
• Come up with a thesis:  The thesis is the central point or argument that you want to make. A clear thesis is essential for a focused essay—you should keep referring back to it as you write.
• Create an outline: Map out the rough structure of your essay in an outline . This makes it easier to start writing and keeps you on track as you go.

Once you’ve got a clear idea of what you want to discuss, in what order, and what evidence you’ll use, you’re ready to start writing.

The introduction sets the tone for your essay. It should grab the reader’s interest and inform them of what to expect. The introduction generally comprises 10–20% of the text.

1. Hook your reader

The first sentence of the introduction should pique your reader’s interest and curiosity. This sentence is sometimes called the hook. It might be an intriguing question, a surprising fact, or a bold statement emphasizing the relevance of the topic.

Let’s say we’re writing an essay about the development of Braille (the raised-dot reading and writing system used by visually impaired people). Our hook can make a strong statement about the topic:

The invention of Braille was a major turning point in the history of disability.

2. Provide background on your topic

Next, it’s important to give context that will help your reader understand your argument. This might involve providing background information, giving an overview of important academic work or debates on the topic, and explaining difficult terms. Don’t provide too much detail in the introduction—you can elaborate in the body of your essay.

3. Present the thesis statement

Next, you should formulate your thesis statement— the central argument you’re going to make. The thesis statement provides focus and signals your position on the topic. It is usually one or two sentences long. The thesis statement for our essay on Braille could look like this:

As the first writing system designed for blind people’s needs, Braille was a groundbreaking new accessibility tool. It not only provided practical benefits, but also helped change the cultural status of blindness.

4. Map the structure

In longer essays, you can end the introduction by briefly describing what will be covered in each part of the essay. This guides the reader through your structure and gives a preview of how your argument will develop.

The invention of Braille marked a major turning point in the history of disability. The writing system of raised dots used by blind and visually impaired people was developed by Louis Braille in nineteenth-century France. In a society that did not value disabled people in general, blindness was particularly stigmatized, and lack of access to reading and writing was a significant barrier to social participation. The idea of tactile reading was not entirely new, but existing methods based on sighted systems were difficult to learn and use. As the first writing system designed for blind people’s needs, Braille was a groundbreaking new accessibility tool. It not only provided practical benefits, but also helped change the cultural status of blindness. This essay begins by discussing the situation of blind people in nineteenth-century Europe. It then describes the invention of Braille and the gradual process of its acceptance within blind education. Subsequently, it explores the wide-ranging effects of this invention on blind people’s social and cultural lives.

Write your essay introduction

The body of your essay is where you make arguments supporting your thesis, provide evidence, and develop your ideas. Its purpose is to present, interpret, and analyze the information and sources you have gathered to support your argument.

Length of the body text

The length of the body depends on the type of essay. On average, the body comprises 60–80% of your essay. For a high school essay, this could be just three paragraphs, but for a graduate school essay of 6,000 words, the body could take up 8–10 pages.

Paragraph structure

To give your essay a clear structure , it is important to organize it into paragraphs . Each paragraph should be centered around one main point or idea.

That idea is introduced in a  topic sentence . The topic sentence should generally lead on from the previous paragraph and introduce the point to be made in this paragraph. Transition words can be used to create clear connections between sentences.

After the topic sentence, present evidence such as data, examples, or quotes from relevant sources. Be sure to interpret and explain the evidence, and show how it helps develop your overall argument.

Lack of access to reading and writing put blind people at a serious disadvantage in nineteenth-century society. Text was one of the primary methods through which people engaged with culture, communicated with others, and accessed information; without a well-developed reading system that did not rely on sight, blind people were excluded from social participation (Weygand, 2009). While disabled people in general suffered from discrimination, blindness was widely viewed as the worst disability, and it was commonly believed that blind people were incapable of pursuing a profession or improving themselves through culture (Weygand, 2009). This demonstrates the importance of reading and writing to social status at the time: without access to text, it was considered impossible to fully participate in society. Blind people were excluded from the sighted world, but also entirely dependent on sighted people for information and education.

See the full essay example

Receive feedback on language, structure, and formatting

Professional editors proofread and edit your paper by focusing on:

• Academic style
• Vague sentences
• Style consistency

See an example

The conclusion is the final paragraph of an essay. It should generally take up no more than 10–15% of the text . A strong essay conclusion :

• Returns to your thesis
• Ties together your main points
• Shows why your argument matters

A great conclusion should finish with a memorable or impactful sentence that leaves the reader with a strong final impression.

What not to include in a conclusion

To make your essay’s conclusion as strong as possible, there are a few things you should avoid. The most common mistakes are:

• Including new arguments or evidence
• Undermining your arguments (e.g. “This is just one approach of many”)
• Using concluding phrases like “To sum up…” or “In conclusion…”

Braille paved the way for dramatic cultural changes in the way blind people were treated and the opportunities available to them. Louis Braille’s innovation was to reimagine existing reading systems from a blind perspective, and the success of this invention required sighted teachers to adapt to their students’ reality instead of the other way around. In this sense, Braille helped drive broader social changes in the status of blindness. New accessibility tools provide practical advantages to those who need them, but they can also change the perspectives and attitudes of those who do not.

Write your essay conclusion

Checklist: Essay

My essay follows the requirements of the assignment (topic and length ).

My introduction sparks the reader’s interest and provides any necessary background information on the topic.

My introduction contains a thesis statement that states the focus and position of the essay.

I use paragraphs to structure the essay.

I use topic sentences to introduce each paragraph.

Each paragraph has a single focus and a clear connection to the thesis statement.

I make clear transitions between paragraphs and ideas.

My conclusion doesn’t just repeat my points, but draws connections between arguments.

I don’t introduce new arguments or evidence in the conclusion.

I have given an in-text citation for every quote or piece of information I got from another source.

I have included a reference page at the end of my essay, listing full details of all my sources.

My citations and references are correctly formatted according to the required citation style .

My essay has an interesting and informative title.

I have followed all formatting guidelines (e.g. font, page numbers, line spacing).

Your essay meets all the most important requirements. Our editors can give it a final check to help you submit with confidence.

Open Google Slides Download PowerPoint

An essay is a focused piece of writing that explains, argues, describes, or narrates.

In high school, you may have to write many different types of essays to develop your writing skills.

Academic essays at college level are usually argumentative : you develop a clear thesis about your topic and make a case for your position using evidence, analysis and interpretation.

The structure of an essay is divided into an introduction that presents your topic and thesis statement , a body containing your in-depth analysis and arguments, and a conclusion wrapping up your ideas.

The structure of the body is flexible, but you should always spend some time thinking about how you can organize your essay to best serve your ideas.

Your essay introduction should include three main things, in this order:

• An opening hook to catch the reader’s attention.
• Relevant background information that the reader needs to know.
• A thesis statement that presents your main point or argument.

The length of each part depends on the length and complexity of your essay .

A thesis statement is a sentence that sums up the central point of your paper or essay . Everything else you write should relate to this key idea.

The thesis statement is essential in any academic essay or research paper for two main reasons:

• It gives your writing direction and focus.
• It gives the reader a concise summary of your main point.

Without a clear thesis statement, an essay can end up rambling and unfocused, leaving your reader unsure of exactly what you want to say.

A topic sentence is a sentence that expresses the main point of a paragraph . Everything else in the paragraph should relate to the topic sentence.

At college level, you must properly cite your sources in all essays , research papers , and other academic texts (except exams and in-class exercises).

Add a citation whenever you quote , paraphrase , or summarize information or ideas from a source. You should also give full source details in a bibliography or reference list at the end of your text.

The exact format of your citations depends on which citation style you are instructed to use. The most common styles are APA , MLA , and Chicago .

Is this article helpful?

Other students also liked.

• How long is an essay? Guidelines for different types of essay
• How to write an essay introduction | 4 steps & examples
• How to conclude an essay | Interactive example

More interesting articles

• Checklist for academic essays | Is your essay ready to submit?
• Comparing and contrasting in an essay | Tips & examples
• Example of a great essay | Explanations, tips & tricks
• Generate topic ideas for an essay or paper | Tips & techniques
• How to revise an essay in 3 simple steps
• How to structure an essay: Templates and tips
• How to write a descriptive essay | Example & tips
• How to write a literary analysis essay | A step-by-step guide
• How to write a narrative essay | Example & tips
• How to write a rhetorical analysis | Key concepts & examples
• How to Write a Thesis Statement | 4 Steps & Examples
• How to write an argumentative essay | Examples & tips
• How to write an essay outline | Guidelines & examples
• How to write an expository essay
• How to write the body of an essay | Drafting & redrafting
• Kinds of argumentative academic essays and their purposes
• Organizational tips for academic essays
• The four main types of essay | Quick guide with examples
• Transition sentences | Tips & examples for clear writing

What is your plagiarism score?

Business Insights

Strategies for success: 8 tips to craft a winning business essay, april 20, 2023.

In this article, we will explore eight key tips that will guide you toward success in creating a winning business essay . From understanding the nuances of the subject matter to presenting your ideas with clarity and conviction, these tips will empower you to craft a remarkable piece of written work. 

8 great tricks for writing a winning business essay

When it comes to writing a winning business essay, using effective strategies can make all the difference. By implementing the following eight tips, you can enhance your essay’s quality and increase the chances your business writing has a maximum impact on your target group of people.

Choose a topic

The first step in writing a great college assignment is choosing the right topic. Often students are given topics to work with, simplifying things as they only need to ensure that their content aligns with the subject and the project’s scope. When handed the freedom to choose, however, you have to make sure that your business topic is relevant, interesting, and narrow enough to be covered in the length indicated. For the best topic, review available evidence through preliminary research, ensuring that there are enough sources to support your writing. 

Brainstorm and outline

Once you have understood what is expected, brainstorm ideas and create an outline. Outlining saves you time and ensures you stick to the topic. It includes your main points and allows you to gather evidence and examples for your essay. Write down what you can think of relating to the topic for a good outline.

You can develop these ideas further in readiness for the writing process through research. Sure, you will need to create a thesis statement to guide you with the outline. A thesis is a statement or two at the end of your opening paragraph, presenting your primary argument and telling readers what to expect from the writing. 

Follow the right format

Use the conventional format to create your essay, opening with a good introduction before going into the body paragraphs. Only have one idea in each paragraph, explaining it in detail using evidence before moving to the next idea. Use transition phrases and sentences to tie your writing together. 

Stick to the right note

Your tone of voice, when you write a business document, matters as it helps you establish and balance your brand. Experts indicate that business writing demands consistency across all written communications. It means creating a unique voice to maintain in all your documents, allowing audiences to identify with your material.

When prospects and potential clients view the material, they should instantly associate it with your product. It is ok if you need to learn how to create an outstanding paper; you can always hire a reliable service like EssayUSA to work on your task. 

Get to the point quickly

There is no place for small talk in business writing. Readers will have limited time to consume your content; you cannot spend it going through unnecessary information. So, to create exceptional writing for business. Ensure that you get to the point as soon as possible. You don’t want to distract your readers before they get to listen to your main message.

Your safest bet is ensuring your content is scannable, allowing readers to find the most crucial information in your essay easily. If possible, include headings and subheadings in your writing, making sure the structure of your document is easily accessible to your readers. 

Be clear and concise

One of the vital things you can do when writing a business document is to ensure clarity and conciseness. Experts recommend using plain language to write business papers. There is no need for lengthy and distracting paragraphs. You need to keep your writing short and clear, articulating your points in as few words as possible.

Expert writers also use specifics to highlight their points, avoiding being vague in their business writing. Always keep the goal of your writing in mind throughout the process.

Avoid clichés and jargon

Read and understand the instructions.

When writing a business essay for an academic project, there will be a set of instructions you are expected to follow. These indicate what the student will achieve within the project’s scope and outline elements like formatting, citations, length, and the number of sources. Before writing your assignment, ensure these guidelines are clear by reading them multiple times. Ask your professor to clarify elements that seem vague or complicated. 

Crafting a winning business essay requires a combination of skill, knowledge, and creativity. By implementing the eight tips discussed in this article, you can create an impactful essay that will impress your professors, colleagues, or clients.

With practice, persistence, and dedication, you can achieve success in the world of business essay writing. So, start writing, and let your words inspire and captivate your readers.

More must-read stories from Enterprise League:

• Why hiring millennials might be the best decision you can ever make.
• The only list of novels for entrepreneurs that you will ever need.
• Foretelling: transform your business by predicting future trends .
• Unique and profitable drone business ideas you should be aware of.
• What do successful people sacrifice in order to achieve their dreams .

Related Articles

15 zero-waste business ideas with innovative solutions (2024)

Jul 24, 2024

We’ve made a list of 15 innovative zero-waste business ideas with huge profit potential and a successful business future that entrepreneurs can start right away.

Pros and cons of virtual cards for business

Virtual credit cards offer added security and the ability to set spending limits but may be less widely accepted. Let’s deep dive into more benefits and drawbacks of virtual cards for business.

Top factors to consider when selecting an HGV training school

Jul 23, 2024

Let’s go through the essential factors to consider when selecting an HGV training school, ensuring you get the best education and value for your investment.

Most Popular

• 15 innovative and profitable farmer business ideas in 2024 01 Aug, 2024
• Expert Salesforce integration for unified business operations 01 Aug, 2024
• Budget holiday shopping: Maximizing savings at temu store with DontPayFull 31 Jul, 2024
• Skills management: A roadmap for organizational success 31 Jul, 2024
• 16 low maintenance small business ideas (2024) 31 Jul, 2024

Resources and Knowledge for the Small Business CEO

Essay on starting a small business.

Starting a small business is the best way to gain freedom. Although this statement is disputable, it has sense.

Why do people decide to become entrepreneurs? They are longing for independence. Small business helps one manage his time in the way he wants. He can produce the goods and services he likes. Finally, he is able to try to be responsible and creative.

Meet the Complete digital marketing agency in Hyderabad . Get organic and paid search, social media, website design and development, and more.

Small business is very important for the economy of every state. Small entrepreneurs contribute into the state budget a lot. It is possible to say that the complex of small and middle firms provides the country with the same profit as big business does. In simple words, a prosperous state cannot survive without small business. It is impossible to defeat poverty without small business. Thus, if you have any genuine and uncommon ideas concerning the production of useful goods and services, establish your own small firm.

Table of Contents

Starting up is not easy

Starting a small business is not an easy thing. Whether you’re doing something as simple as business paper writing as a business or as grand as running a construction company building skyscrapers, you should be psychologically and financially prepared to numerous challenges. Moreover, it is vital to know something about business, management and marketing.

To begin with, you should educate yourself about the business and market. Learn from reputable education websites. You can take Research Prospect as an excellent example of educational websites as its visual appearance is fantastic. It has simplicity, informational content, responsiveness, and a proper Content Management System. You can read an excellent article written by Research prospect professional editors on how to write an essay here:  https://www.researchprospect.com/how-to-write-an-essay/

You should also study the market in order to learn about the goods and services that are required by consumers. This factor is the crucial one. When you discover that people demand an item but no one has produced it yet, you have the best chances to conquer the chosen sector of the market. Secondly, you ought to think about the price and quality of your product.

There are two options. The foremost one is the production of high-quality and expensive goods that will serve long. The second option is related to consumerism. You produce poor-quality cheap goods and attract clients with the help of the lowest prices.

Sad to say but it is difficult to choose the best option. Many people are ready to pay a lot to possess a quality item. Others avoid paying a lot and prefer cheap products. If you need title cash now to start your business, consider applying for a title loan.

Create a business plan

Then, you should create your own business plan that will contain the entire information about the functioning of your firm. Think about the target groups of customers, production, logistics, storage and retail.

Apparently, you should produce and store your goods somewhere. Then, you will meet with such issues as revenue and expense. You will need to hire a few employees to run your business rewardingly. Without doubt, you will have to be selective, demanding and attentive in order to recruit the right people into your firm. Finally, you will meet the problem of rent, taxation, etc. A firm resembles a household. You should pay attention to the slightest problem, question and misunderstanding if you want to increase your income and develop your small firm into something bigger.

The ups and downs

As might be expected, starting a small business has many advantages and disadvantages. The most solid strong side is independence. You do not have to work for someone else. You work for your own profit. You possess the freedom of choice and actions. If you are not respected and appreciated at work, you can embody your original and amusing ideas in your own business.

Ambitious people always try to start a small business if they receive such an opportunity. You do not need to listen to the instructions and threats of your boss when you are late. At long last, you will earn more money. You are the boss and the entire profit is yours.

Nevertheless, there are many factors that cause problems to a novice entrepreneur. You should remember that independence is also responsibility. You are responsible for your firm, its prosperity and the wellbeing of your employees. Furthermore, you are responsible for the health and life of your customers who consume your products.

You are expected to know how to develop and improve your small company beneficially. You should know how to behave in case of crisis and unpredictable situations. You should be ready to wake up at night and spend the whole day at your firm in order to settle down all urgent problems and conflicts between employees. You should be a teacher, psychologist and negotiator who is able to resolve conflicts and motivate his staff practically.

You have a great opportunity to share your experience in creating and managing your business, shoot and edit a video using ad maker  in which you can talk about the difficulties and successes that you have experienced. Perhaps this will be useful for people who also want to open their own business.

Starting a small business is a challenging but beneficial idea. You are able to establish you own store, café, restaurant or bakery and embody your offbeat and splendid ideas there. On the other hand, you should be ready to resist numerous challenges and work hard for the protection and development of your business.

This business related essay is sponsored by the following writing company: https://papersmart.net .

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Pin It on Pinterest

• Information Technology
• Entrepreneurs
• Economy & Environment
• Human Resources
• CEO Leadership
• Social Media

Advertisement

What's the Easiest Business to Start? 14 Ideas for Entrepreneurs

• Share Content on Facebook
• Share Content on LinkedIn
• Share Content on Flipboard
• Share Content on Reddit
• Share Content via Email

Looking for a career change, or just trying to make some extra cash on the side? You may be able to leverage talents that you already have and put them into your own hustle, or maybe you're simply on the hunt for the easiest business to start .

Hopefully, one of these business ideas can inspire you to pursue something satisfying while providing substantial income.

14 of the Best Small Business Ideas

How to have a successful business in freelancing, is running your own business a good fit for you.

Many traditional small businesses, such as retail or restaurants, require massive initial investment and also come with a high inherent risk. For this reason, we will mostly be focusing on freelance services you can do from your own home, which have relatively low startup costs and low financial risk, even if you decide to quit the gig later on down the line.

1. 3D Design

If you possess a license to 3D CAD software, you can make a mint selling component designs to business clients, or by selling them directly to consumers using a service like ShapeWays .

2. Arts and Crafts

Here is one of the most creative small business ideas — not creative in its inherent uniqueness, but in what you do.

If you're great at making unique items with your hands then an online store like Etsy can be a great venue to sell paintings, pottery, homemade candles or various other knickknacks. Or, create a website and sell them through your own store.

3. Car Detailing Business

Car guys (and gals) will pay a pretty penny for a detailing job done right. If that's your trade of choice, you can make good money by becoming a business owner for car detailing, performing jobs like washing, waxing and window tinting.

4. Dog Walking Business

Dog walking sounds like a simple task, but a lot of professionals out there don't have time to do it and would rather delegate it to someone else.

If you can handle wrangling furry friends, then dog walking can be a quick and easy way to make some extra cash. Freelance apps like Rover also make it easy for dog walkers to connect with potential clients.

5. Freelance Writing

Writing skills are some of the most valuable to leverage while working from your own home (or at the local coffee shop). Whether it's writing fiction, composing informative articles or copy writing for local businesses, you can find a niche that matches your talents.

6. Graphic Design

Skills in Adobe Photoshop or other graphic design software can be in very high demand for both personal and business clients. Graphic design is a great way to provide clients with fresh logos or eye-catching marketing materials for social media.

7. Landscaping Business

If you have a green thumb then this can be one of the most profitable business ideas out there. Homeowners and small business owners alike often have lawns that need mowing and bushes that need trimming.

However, this does require manual labor as well as the overhead costs of buying, transporting, storing and operating landscaping equipment.

8. Online Marketplaces

A great business idea for vintage collectors is to open up an Ebay storefront and sell some items you no longer need. You may be shocked at how much potential cash is just laying around the house.

9. Personal and Business Finances

If you have a certified accountant's license, providing financial services locally to individuals or business clients can be a great way to earn an income. However, you'll need to pass the right college courses and training sessions if you're not already licensed.

10. Personal Chef

Put your cooking skills to the test with this small business idea — even better if you have previous experience in the professional cooking world. Getting your foot in the door as a personal chef can be difficult, but marketplace apps like Castiron can help get you started.

11. Personal Training Business

If exercise is your passion, you can apply that knowledge to personal training and help others along their fitness journey. Personal trainers can also promote themselves on contracting sites like Thumbtack .

12. Pet Sitting Business

Also available on the Rover app , pet sitting can be a profitable business idea, provided you have the time and space required to house pets for days at a time.

13. Social Media Management

Know how to generate buzz on social media? Chances are, there are local stores and small businesses in your area which have near zero online presence and no social media accounts. Your social media management expertise could bring them into the 21st century and help them generate new sales from customers.

14. Video Production Business

If you own camera equipment and are familiar with video editing, you can start your own video production business and create content for YouTube and social media, music videos for local artists, or marketing materials for small businesses.

It's a great way to earn some cash while flexing your creative muscles.

The most important thing to focus on when being self-employed or starting your own business is to focus on business ideas which are relevant to your skills and interests. Clients will see that you are knowledgeable about a certain topic or good at a craft and will keep coming back for your services. Furthermore, you'll want to use resources like online courses to hone these skills as you go.

Conversely, if you try to start a business idea just because you think it can meet market demand but it has nothing to do with your personal interest, it probably won't attract clients. The actual quality of work that you put out will probably suffer as well, and you won't end up with a very lucrative business.

Being your own boss isn't right for everyone. If you're looking for businesses to start because you think it'll be easier than clocking into your day job every day, think again.

Even when you're making a living doing something you love, getting a new business off the ground (and keeping it from going under) takes immense amounts of self-discipline, time, tenacity and — if we're being honest — a little bit of good luck.

Please copy/paste the following text to properly cite this HowStuffWorks.com article:

Table of contents

7 reasons why you should start a business in the us.

Have questions on formation, banking and taxes?

Schedule a FREE consultation with a formation and compliance expert today 📞

The United States has long been a global beacon for business and innovation. It’s a place where ideas can be transformed into thriving enterprises.

The American Dream isn’t just a personal aspiration; it’s a business philosophy, too. Countless entrepreneurs and investors have flocked to the US, drawn by its unique blend of opportunity and support.

But what exactly makes the US such a compelling destination for starting a business? Is it the promise of vast markets?

Or perhaps the abundance of investment capital? Maybe it’s the world-class infrastructure or the sheer talent pool.

The truth is, it’s a combination of all these factors and more.

In this article, we’ll delve into the 7 most compelling reasons why you should consider the US as the launchpad for your business.

Whether you’re a seasoned entrepreneur looking to expand or a budding startup founder seeking your first big break, understanding the US business landscape is crucial.

Let’s explore why the US could be the ideal location to bring your business vision to life.

doola has helped entrepreneurs from over 175 countries start a US business, so if this is your dream, then you can start your business with doola in less than 5 minutes, as well as keep tax compliant with our various offerings.

1. A Thriving Economy and Vast Market

The US economy is a powerhouse, consistently ranking as one of the world’s largest. This economy might create a fertile ground for businesses to flourish. It’s a dynamic environment where innovation thrives, and opportunities abound.

One of the most enticing aspects of the US market is its sheer size. With a population of over 341.96 million, a massive consumer base is eager to discover new products and services.

The US consumer is also known for its spending power, which drives economic growth and creates a lucrative business market.

Beyond its size, the US market is incredibly diverse. Different regions have distinct consumer preferences and spending habits. Thus, offering businesses the chance to tailor their offerings to specific demographics. This diversity ensures a market segment for almost every product or service.

The US economy’s stability is another major draw for businesses.

Its consistent growth over the years provides a predictable environment for companies to operate and expand. This stability makes securing financing, attracting investors, and planning for the future easier.

In short, the US economy is a dream come true for businesses . It’s a market where big things happen.

2. Access to Capital and Investment Opportunities

One of the biggest perks of setting up shop in the US is the sheer abundance of capital available to fuel your business growth. It’s like having a money tree in your backyard!

Venture capital is a significant player in the US funding scene. These high-rolling investors bet big on startups with the potential to grow.

Silicon Valley has earned its reputation as the epicenter of venture capital, but it’s not the only game in town. From Boston to New York, countless venture capital firms are ready to write hefty checks for promising businesses.

But venture capital isn’t the only way to fund your startup. Angel investors, wealthy individuals who love to back early-stage companies, are another crucial source of capital.

These folks often bring more than just money to the table — they offer invaluable mentorship, industry connections, and strategic guidance.

Of course, traditional funding options like bank loans and lines of credit are still available. While they might not be as glamorous as venture capital, they can provide a steady stream of capital to help your business grow sustainably.

And then there’s the US stock market. If you build a successful, publicly traded company, the fundraising potential is astronomical.

An Initial Public Offering (IPO) can inject massive amounts of capital into your business, allowing you to expand aggressively, acquire competitors, or invest in research and development.

So, if you’re worried about where you’ll get the money to make your business dreams a reality, the US is the place to be.

With diverse funding options and a thriving investment climate, you’ll have the resources you need to turn your ideas into a profitable enterprise.

3. Innovation and Technology Hub

The United States is a global leader in innovation and technology, making it an ideal place to start a business. The country boasts a thriving ecosystem that fosters creativity and growth.

From Silicon Valley to New York City, the US is home to numerous tech giants and a dynamic startup scene.

One key reason to start a business in the US is its strong culture of innovation. The US is at the forefront of most technological advancements. A robust infrastructure, world-class research institutions, and a skilled workforce support this innovative spirit.

Entrepreneurs benefit from access to cutting-edge technologies and a culture that encourages experimentation and risk-taking.

Tech giants like Apple, Google, Microsoft, and Amazon have their roots in the US.

These companies dominate the global market and set trends in technology and business practices. Their presence creates a vibrant ecosystem that attracts talent, investment, and other businesses.

Startups often emerge in the shadow of these giants, benefiting from their resources and networks. This proximity to established tech companies provides startups with partnerships, mentorship, and collaboration opportunities.

The US stands out as a prime destination for starting a business due to its leadership in innovation and technology. The presence of tech giants and a thriving startup culture creates a fertile ground for new ventures.

Whether you’re an aspiring entrepreneur or a seasoned business owner, the US provides the ideal environment to turn innovative ideas into reality.

4. World-Class Infrastructure and Talent Pool

The United States offers a compelling environment for businesses to thrive. Its robust infrastructure and deep talent pool are additional key factors driving economic growth and opportunity.

The nation’s transportation, communication, and energy networks are among the world’s most advanced. Efficient roadways, railways, and airports facilitate the smooth movement of goods and people.

High-speed internet connectivity is ubiquitous, enabling seamless communication and digital operations. Moreover, a reliable and diverse energy supply supports business operations and innovation.

Complementing this robust infrastructure is a rich talent pool. The US is home to a diverse population with high education and skills.

This translates to a workforce possessing a wide range of expertise, from technology and engineering to finance and marketing.

Businesses can tap into this human capital to drive innovation, problem-solving, and growth.

By leveraging these assets, companies can optimize operations, attract top talent, and achieve long-term business success in the US.

5. Favorable Business Environment and Regulations

The United States has carved a reputation as a business-friendly nation. Its government understands businesses’ critical role in driving economic growth and job creation. As a result, its crafted policies and regulations foster entrepreneurship and innovation.

One key aspect of this pro-business climate is the regulatory environment. Compared to many other countries, the US has a lighter regulatory touch. This means less red tape for businesses, allowing them to focus on core operations and growth strategies.

While regulations are essential to protect consumers and workers, the US has struck a balance that encourages business development without stifling it.

Another significant advantage for entrepreneurs is the concept of limited liability companies . This legal structure separates a business owner’s assets from the company’s liabilities.

The owner’s personal belongings, like their home or car, are generally protected if the business runs into financial trouble.

This risk mitigation empowers entrepreneurs to take calculated risks without fear of personal ruin. It fosters a culture of innovation, which makes people more likely to pursue their entrepreneurial dreams.

The US offers a business environment that nurtures growth and success. Its pro-business policies and regulations and the protection provided by limited liability create an environment for entrepreneurs to thrive.

6. Opportunities for Global Expansion

The United States is more than just a massive domestic market; it’s a launching pad for worldwide success.

As the epicenter of global innovation, the US is where new technologies, consumer trends, and business models often take shape. Setting up shop here gives you a front-row seat to these developments.

You can quickly identify opportunities, adapt to changing market dynamics, and stay ahead of competitors. This unparalleled access to market intelligence can give your business a significant competitive edge.

Moreover, the US boasts a robust network of trade agreements and relationships with countries worldwide. These partnerships facilitate the smooth flow of goods and services across borders. Thus making it easier for US-based businesses to expand internationally.

The US is also a melting pot of cultures, talent, and ideas. This diversity translates into a rich pool of consumers with varying preferences and needs.

By establishing a presence in the US, you can gain valuable insights into global consumer behavior and tailor your offerings accordingly.

Additionally, the US is home to a vast network of multinational corporations, investors, and industry leaders. This dynamic business ecosystem creates ample strategic partnerships, joint ventures, and funding opportunities.

7. Strong Legal and Intellectual Property Protection

The United States boasts a legal system that’s the gold standard for businesses worldwide. It’s a framework built on predictability, fairness, and efficiency. This stability is a cornerstone for any successful enterprise.

When you’re not constantly worrying about legal hurdles, you can focus on what truly matters: growing your business.

Its robust protection of intellectual property (IP) is at the heart of the US legal environment. Your ideas are your most valuable asset, and the US understands this. Patents, trademarks, and copyrights are powerful tools that safeguard your inventions, brand identity, and creative works.

This protection is more than just a shield; it’s a catalyst for innovation. When you know your ideas are secure, you’re more likely to take risks, experiment, and push the boundaries of your industry.

Beyond shielding your innovations, the US legal system also promotes fair competition.

It prevents anti-competitive practices, safeguards consumers, and ensures contracts are honored. This level playing field creates a business environment where merit determines success, not underhanded tactics.

Moreover, the US has a well-established system of courts and legal professionals. If disputes arise, you have access to qualified experts to help you resolve them efficiently.

This reduces the risk of costly legal battles that can drain your resources and distract you from your core business.

At its core, the US legal landscape is a powerful ally for businesses. It provides a stable foundation, protects your intellectual property, ensures fair competition, and offers access to a robust legal infrastructure.

This combination makes the US an exceptionally attractive place to start and grow a business.

Turn Your US Business Dream Into Reality With doola

The United States is more than just a country; it’s a dynamic ecosystem designed for business growth.

The US offers unparalleled advantages for entrepreneurs, from its robust infrastructure and diverse talent pool to its pro-business climate and endless opportunities.

But starting a business in a new country can be daunting. Navigating complex regulations, handling paperwork, and ensuring ongoing compliance can be time-consuming and stressful.

That’s where doola comes in. We specialize in simplifying the process of business formation in the US .

Our Total Compliance package handles the heavy lifting, allowing you to focus on what you do best: building your business. We’ve got you covered, from entity setup and bookkeeping to ongoing filings and reporting.

Still, trying to figure out your next steps? Our team is ready to provide personalized guidance. Schedule a free consultation to discuss your business goals and explore how doola can support you.

Are you ready to take the leap?

Free e-book

How to form a US LLC in 5 minutes

A beginner-friendly guide on the basics of LLCs. Learn about formation, banking, and taxes.

Schedule a FREE consultation with a US CPA today 📞

Keep reading

Start your dream business and keep it 100% compliant

Turn your dream idea into your dream business.

A beginner-friendly guide on the basics of LLCs. Learn about formation, banking, and taxes. Get ready to turn your dream idea into your dream US business.

Cookie consent

By continuing to browse this website, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts. Learn more.

“You want to start your own business. Write a letter to a friend. In your letter: tell him/her about your business explain why you think it is a good idea and ask him/her for some help or advice”

Unauthorized use and/or duplication of this material without express and written permission from this site’s author and/or owner is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Writing9 with appropriate and specific direction to the original content.

• Check your IELTS essay »
• Find essays with the same topic
• View collections of IELTS General Writing Task 1 Samples
• Show IELTS General Writing Task 1 Topics

It is important for people to take risks, both in their professional lives and their personal lives. Do you think the advantages of taking risks outweigh the disadvantages?

Nowadays people normally stretch their working hours and get stressed than before. what are the reasons for this what employers can do to make people's life easier, nowadays, a growing number of people with health problems are trying alternative medicines and treatments instead of visiting their usual doctor. do you think this is a positive or a negative development, there is a disagreement on the impact of increased business and culture contact between countries on a country's identity. what is your opinion, some people think that it’s a good to socialise with work colleagues during evenings and weekends. other people think it’s important to keep working life completely separate from social life. discuss both these views and give your opinion..

Essays and Short Answer Prompts

The Penn application process includes a personal essay —which is sent to most schools you apply to—as well as a few short answer prompts . We read your words carefully, as they are yet another window into how you think, what you value, and how you see the world. Through your writing, we get a glimpse of what you might bring to our community—including your voice and creativity. 

Remember, you are the expert on your story. This is an opportunity for you to reflect and understand who you are now, and who you want to be in the future. You have the agency to choose the information you want to share. This is your story: your experiences, your ideas, your perspective.   

A Few Writing Tips

• Review the prompts thoroughly.  Be sure you’re answering the question or prompt being asked. Topics are chosen because the Admissions Committee wants to know specific things about you. If you don’t address them directly, we are left to make decisions regarding your application with incomplete information. 
• Consider your response carefully.  We understand that you may be writing responses for different schools and you may want to reuse material, but be sure to read through your response to make sure it is relevant to the prompt. 
• Double-check your writing.  Give yourself time to revisit your response. Try to avoid rushing your writing process so you have time to revise your work. Ultimately, it is up to you to polish and proofread your writing before you submit. 
• Do your research. Are there classes you’re eager to take? Research opportunities you’d love to pursue? A group or club you want to be a part of? This kind of specificity shows us you’re serious about Penn and have thought about how you’d spend your time here. 

2024-25 Short Answer and Essay Prompts

When answering these prompts, be precise when explaining both why you are applying to Penn and why you have chosen to apply to that specific undergraduate school. Some of our specialized programs will have additional essays to complete, but the  Penn short answer prompts should address your single-degree or single-school choice.  

• Write a short thank-you note to someone you have not yet thanked and would like to acknowledge. (We encourage you to share this note with that person, if possible, and reflect on the experience!) (150-200 words, only required for first-year applicants) 
• How will you explore community at Penn? Consider how Penn will help shape your perspective, and how your experiences and perspective will help shape Penn. (150-200 words) 
• The school-specific prompt is unique to the school to which you are applying. (For example, all applicants applying to the College of Arts and Sciences will respond to the prompt under the “College of Arts and Sciences” section). Considering the undergraduate school you have selected for your single-degree option, please respond to your school-specific prompt below.  

Transfer Essay (required for all transfer applicants): Please explain your reasons for transferring from your current institution and what you hope to gain by transferring to another institution. (4150 characters) 

Undergraduate School-Specific Short Answer Prompts

For students applying to coordinated dual-degree and specialized programs, please answer this question about your single-degree school choice; your interest in the coordinated dual-degree or specialized program may be addressed through the program-specific essay.  

Penn Nursing intends to meet the health needs of a global, multicultural world by preparing its students to impact healthcare through advancing science. How will you contribute to our mission of promoting equity in healthcare and how will Penn Nursing contribute to your future nursing goals? (150-200 words)

To help inform your response, applicants are encouraged to learn more about Penn Nursing’s mission and how we promote equity in healthcare here . This information will help you develop a stronger understanding of our values and how they align with your own goals and aspirations.

The flexible structure of The College of Arts and Sciences’ curriculum is designed to inspire exploration, foster connections, and help you create a path of study through general education courses and a major. What are you curious about and how would you take advantage of opportunities in the arts and sciences? (150-200 words) 

To help inform your response, applicants are encouraged to learn more about the  academic offerings within the College of Arts and Sciences .  This information will help you develop a stronger understanding of how the study of the liberal arts aligns with your own goals and aspirations. 

Wharton prepares its students to make an impact by applying business methods and economic theory to real-world problems, including economic, political, and social issues.  Please reflect on a current issue of importance to you and share how you hope a Wharton education would help you to explore it.  (150-200 words) 

To help inform your response, applicants are encouraged to learn more about  the foundations of a Wharton education . This information will help you better understand what you could learn by studying at Wharton and what you could do afterward. 

Penn Engineering prepares its students to become leaders in technology by combining a strong foundation in the natural sciences and mathematics with depth of study in focused disciplinary majors. Please share how you plan to pursue your engineering interests at Penn. (150-200 words)

To help inform your response, applicants are encouraged to learn more about Penn Engineering and its mission to prepare students for global leadership in technology here . This information will help you develop a stronger understanding of academic pathways within Penn Engineering and how they align with your goals and interests.

Coordinated Dual Degree and Specialized Program Essay Prompts

For students applying to coordinated dual-degree and specialized programs, please answer the program-specific essay below. 

** Numbers marked with double asterisks indicate a character count that only applies to transfer students applying through Common App.  

Discuss how your interests align with the Digital Media Design (DMD) program at the University of Pennsylvania? (400-650 words / 3575 characters**)

We encourage you to learn more about the DMD: Digital Media Design Program .

The Huntsman Program supports the development of globally minded scholars who become engaged citizens, creative innovators, and ethical leaders in the public, private, and non-profit sectors in the United States and internationally. What draws you to a dual-degree program in business and international studies, and how would you use what you learn to contribute to a global issue where business and international affairs intersect? (400-650 words) 

The LSM program aims to provide students with a fundamental understanding of the life sciences and their management with an eye to identifying, advancing, and implementing innovations. What issues would you want to address using the understanding gained from such a program? Note that this essay should be distinct from your single degree essay. (400-650 words) 

• Explain how you will use the M&T program to explore your interest in business, engineering, and the intersection of the two. (400-650 words) 
• Describe a problem that you solved that showed leadership and creativity. (250 words) 

Discuss your interest in nursing and health care management. How might Penn's coordinated dual-degree program in nursing and business help you meet your goals? (400-650 words) 

How do you envision your participation in the Vagelos Integrated Program in Energy Research (VIPER) furthering your interests in energy science and technology? Please include any past experiences (ex. academic, research, or extracurricular) that have led to your interest in the program. Additionally, please indicate why you are interested in pursuing dual degrees in science and engineering and which VIPER majors are most interesting to you at this time. (400-650 words) 

Sharing Additional Information

To be your own best advocate, you may give our Admissions Committee more context about you by sharing additional information in your college application. While this is not required, it can help give admissions officers a fuller picture of who you are if you are concerned about any missing information or context. Consider the following guiding questions as you decide to share any additional information:

• Is there additional context you want to provide about how your time is spent outside of the classroom?
• Do you have a long commute to school, or responsibilities within your home or community that may prevent you from engaging in certain activities?
• Has there been a big change in your life that has impacted your grades or participation in activities?
• Is there missing context about your school that you want to provide? 

More From Forbes

If You Need Money For Your Business, Here Are 7 Options

• Share to Facebook
• Share to Twitter
• Share to Linkedin

Starting and growing a business requires money, and sometimes you may find yourself in need of additional funds to keep things moving. Whether it's for expansion, covering operating costs, or investing in new equipment, getting the necessary money for your business can be challenging.

Here are a few options to consider if you need money for your business:

1. traditional bank loans.

A popular choice for getting money is through a traditional bank loan . Banks offer various loan products tailored for businesses, such as term loans, lines of credit, and equipment financing. To qualify, you’ll need a solid business plan, good credit history, and sometimes collateral. The interest rates are generally competitive, and the repayment terms can be flexible.

2. Small Business Administration (SBA) Loans

The SBA has many loan programs to help small businesses. These loans are typically easier to qualify for than traditional bank loans and often come with lower interest rates and longer repayment terms.

3. Business Credit Cards

Business credit cards can be a quick and flexible way to access funds. They are particularly useful for covering short-term expenses and managing cash flow. Many business credit cards come with rewards programs, cashback offers, and 0% introductory APR periods, making them an attractive option for business owners.

Northern Lights Alert: Sun’s Activity At 23-Year High With Aurora This Weekend, Scientists Say

Fbi issues serious crypto warning amid $300 billion bitcoin, ethereum, solana, bnb and xrp price crash, donald trump has proposed a ‘massive,’ radical plan to pay off $35 trillion in u.s. national debt, 4. angel investors.

Angel investors are high-net-worth individuals who provide capital to startups and small businesses in exchange for equity or convertible debt. They often offer mentorship and industry connections in addition to financial support. To attract an angel investor, you’ll need a strong business plan, a clear growth strategy, and the potential for high returns on investment.

5. Venture Capital

Venture capital (VC) firms invest in businesses with high growth potential in exchange for equity. VC funding is suitable for businesses looking to scale rapidly and is often accompanied by strategic guidance and support from experienced investors. However, securing VC funding is highly competitive, and you’ll need a scalable business model, a strong team, and a clear exit strategy.

There are numerous grants available for small businesses, especially those in specific industries or owned by minorities, women, or veterans. Grants are an excellent source of funding as they do not require repayment, but the application process is tedious and competitive. Research available grants through government websites, nonprofit organizations, and private foundations.

7. Factoring

Invoice factoring involves selling your accounts receivable to a third party at a discount in exchange for immediate cash. This option can improve cash flow quickly, especially for businesses with long payment cycles. However, it can be expensive and may affect your relationships with customers, as the factoring company will be responsible for collecting the payments.

The bottom line is that securing funding for your business requires careful consideration of your options and an understanding of the terms and implications of each. By exploring these various avenues, you can find the right funding solution to meet your business needs and drive growth. Remember to evaluate the cost of capital, the potential impact on your business, and your ability to repay any borrowed funds. With the right strategy, you can secure the funds you need to take your business to the next level.

Melissa Houston, CPA is the author of Cash Confident: An Entrepreneur’s Guide to Creating a Profitable Business and the founder of She Means Profit . As a Business Strategist for small business owners, Melissa helps women making mid-career shifts, to launch their dream businesses, and I also guide established business owners to grow their businesses to more profitably.

The opinions expressed in this article are not intended to replace any professional or expert accounting and/or tax advice whatsoever.

• Editorial Standards
• Reprints & Permissions

Join The Conversation

One Community. Many Voices. Create a free account to share your thoughts. 

Forbes Community Guidelines

Our community is about connecting people through open and thoughtful conversations. We want our readers to share their views and exchange ideas and facts in a safe space.

In order to do so, please follow the posting rules in our site's  Terms of Service.   We've summarized some of those key rules below. Simply put, keep it civil.

Your post will be rejected if we notice that it seems to contain:

• False or intentionally out-of-context or misleading information
• Insults, profanity, incoherent, obscene or inflammatory language or threats of any kind
• Attacks on the identity of other commenters or the article's author
• Content that otherwise violates our site's  terms.

User accounts will be blocked if we notice or believe that users are engaged in:

• Continuous attempts to re-post comments that have been previously moderated/rejected
• Racist, sexist, homophobic or other discriminatory comments
• Attempts or tactics that put the site security at risk
• Actions that otherwise violate our site's  terms.

So, how can you be a power user?

• Stay on topic and share your insights
• Feel free to be clear and thoughtful to get your point across
• ‘Like’ or ‘Dislike’ to show your point of view.
• Protect your community.
• Use the report tool to alert us when someone breaks the rules.

Thanks for reading our community guidelines. Please read the full list of posting rules found in our site's  Terms of Service.

Stanford University 2024-25 Supplemental Essay Prompt Guide

Early Action: Nov 1

Regular Decision Deadline: Jan 5

Stanford University 2024-25 Application Essay Question Explanations

The Requirements: 3 essays of 100-250 words; 5 short answers of 50 words Supplemental Essay Type(s):  Why ,  Community ,  Oddball

Unshockingly, given that Stanford is the most difficult university to get into in the country, this supplement is a doozie. It puts both your writing and creativity to the test in a myriad ways. One of the most important things to remember about this supplement, as with all supplements that lob a host of essays and short answer questions at you, is that each response is an opportunity to reveal something new about yourself to admissions. Think about the tidbits you have to offer up as you pull together your package and make sure you distribute them across the supplement. Try as hard as you can not to be repetitive. And, as much as you can, have fun with these. If you embrace the challenge laid out in front of you, your answers will be instilled with that positive spirit as well. Trust us.

The Stanford community is deeply curious and driven to learn in and out of the classroom. Reflect on an idea or experience that makes you genuinely excited about learning. (100 to 250 words) 

How hungry for knowledge are you? That’s what Stanford really wants to know. Focus on a subject that stokes your curiosity, a specific concept that has infiltrated your browser history, or an experience that has burned itself into your brain. What homework assignments are you clamoring to complete first? Which topics want to make you open up a new book, google the definition of word you’re not familiar with or hit play on a podcast? Who challenges you to think of issues in new ways? Now consider what about the subject, activity, or experience itself is inspiring your pursuit of knowledge. Are you driven by the pursuit of the truth and nothing but the truth? Maybe more abstract and creative arenas are more interesting to you. Regardless of what floats your boat, Stanford University is aiming to bring self-motivated, deep thinkers into their student body. Admissions officers want to know that you’ll be eager to contribute to lively class discussion and maybe conduct research in your latter years on campus. Show them that you’ll be a valuable addition to any classroom setting.

Virtually all of Stanford’s undergraduates live on campus. Write a note to your future roommate that reveals something about you or that will help your roommate — and us — know you better. (100 to 250 words) 

This, at its essence, is a creative writing exercise. All this time colleges have been asking you to write in a casual but professional voice — until now. Pretend you’re writing an email to a friend. Open your browser window and actually draft in a new message box if it helps you adjust your voice. You are now writing to your peer, not admissions. What might someone you are about to live with want to know about you? And, more importantly, what quirky personal information do you want to convey to admissions that might not be appropriate to reveal in response to a stuffier prompt? Are you a closet botanist who will be bringing 30 plants to your dorm room? Have you been practicing how to make your grandma’s special rice in a dorm room hot pot? This is a great place to inject a little humor in your application — if that’s your style. It is also a great opportunity for you to showcase what it would be like to be friends with you (without the use of emojis and with the addition of perfect grammar).

Please describe what aspects of your life experiences, interests and character would help you make a distinctive contribution as an undergraduate to Stanford University.

College applications are rampant with essay questions about community, so this essay is ripe for recycling (how eco-friendly of you!). If you haven’t already written a Community Essay that you plan to adapt and recycle here, we recommend considering the things that make you unique. What about your experiences, interests, or character might be worth highlighting for an admissions officer? And how can the experience, interest, or aspect of your character you choose enrich the learning environment at Stanford University for others? Maybe you have always been an organizer and the glue that holds your summer camp community together during the school year. How will you bring people together on campus? Maybe you were raised on a farm and developed a strong work ethic at a young age as you helped your parents tend to the fields. Will you be a natural leader in group projects and take initiative in the many clubs (be specific!) that you’d like to join? Be sure to connect your personal story to a future vision of yourself at Stanford.

Short Answers

What is the most significant challenge that society faces today (50 word limit).

Fifty words is not a lot of words. This is going to be a recurring thought as you begin to tackle the Stanford app. How do you explain society’s most significant challenge in just fifty words? You boil it down to its essence and rely on the topic to speak volumes. Think about what nags at you on a daily basis. How would you like to improve the world? Where might we be going down the wrong path? What you choose to write about will give admissions an idea of what you truly care about and how you see the world. Are you concerned that as a species we will never achieve true gender equality? Does climate change keep you up at night? What activities have you participated in or books have you read to educate yourself about this issue? Maybe you even have a solution to offer up. Show admissions that you can turn passion into action.

How did you spend your last two summers? (50 word limit)

Fifty words is not a lot of words. For this response, that means you will likely have to add and prune, add again and prune again. Feel free to take a straightforward approach to this question. Stanford really wants to know what you did last summer (and the summer before)! Just make sure to include the unexpected commitments that will not appear anywhere else on the application, like your babysitting job, your road trip with your family, or your backyard photography habit. Anything you can do to add a layer of understanding to admissions picture of you will help.

What historical moment or event do you wish you could have witnessed? (50 word limit)

Fifty words is not a lot of words. So this answer is really about creating an effective summary of the event in question, and concisely explaining the motivation behind your selection. This is another question in which your selection of topic tells a story. Maybe you want to witness the creation of Gutenberg’s printing press or the swearing in of the first African American president. Whatever you do, try to avoid subjects other students will likely flock to. MLK’s “I Had A Dream” speech is incredible, but it might not make for the best topic here — unless, of course, you have a highly personal story that connects to that moment that you can summarize in 50 words or less. (There are always exceptions to the rules!)

Briefly elaborate on one of your extracurricular activities, a job you hold, or responsibilities you have for your family. (50 word limit)

Like so many other universities, Stanford wants to get a feel for your commitments outside the classroom as well as in. Think about your application as a whole, reading through all of the Stanford prompts before you dig in,  and figure out what you can detail here that hasn’t or will not be addressed in other essays. Also make sure the activity, experience, job, or responsibility you highlight is something you are clearly invested in. Don’t choose to elaborate on a fundraiser to which you contribute five hours of your time, twice a year. This is a good place to feature a work experience if you have one, as that is something that often feels less standard than an internship or activity in which many other students participate. For example, tell admissions about the summer you spent working at a hot dog stand and how it taught you about responsibility, organization, and portable fans. That said, even if you write about a national club or organization that other students may feature, the trick to nailing this essay is personalization. Why is this the activity or experience you have chosen to highlight? How were you a contributor and how will it impact your ability to be a contributor on campus? How has participation made you a more compassionate, assertive, or responsible person overall? And how will this experience impact your future? You don’t have a lot of space here, so make sure you focus on personal and powerful details that other people could not replicate.

List five things that are important to you. (50 word limit)

Write down the first things that come to your mind, then give your brain time to generate some other options. You may be tempted to write “family, friends, football, French fries, and fun,” but answers like those are not going to set you apart in the eyes of admissions officers (even if the alliteration is on point). Make a list (the longer, the better) then try to trim it down by considering the value each “thing” brings to your life and which ones are most likely to add saturation to the artwork that is your application. Remember, your answers should be personal and, if possible, unexpected.

About Amanda Amah

View all posts by Amanda Amah »

Walk yourself through the writing process!

Frequently Asked Questions

Stanford requires three (3) essays of 100-250 words and five (5) short answers of 50 words each.

Stanford asks applicants to respond to five (5) short answer questions.

The Stanford short answer questions must be answered in 50 words or fewer.

We recommend drafting a response without the word limit in mind. Once you have your ideas down, see which anecdotes you can cut, or where you may be able to rephrase your ideas to be more succinct, omitting details that can be found in your other submitted materials (e.g. awards, grades, and hours spent doing community service). Since the word count is so small, original ideas and creative thinking will serve you well. 

Absolutely. These essays and short answers are opportunities for you to let your personality shine. If you enjoy humor in your daily life, feel free to have fun with your responses. But don’t force it! 

The supplemental essays and short answers are very important in the Stanford admissions process. Admissions even goes so far as to  write that “the essays are your chance to tell us about yourself in your own words,” and, “you should allow your genuine voice to come through. These questions help us get to know you as a friend, future roommate and classmate.”

No, you should never reuse content from your Common App essay in your supplements for this school. Though it’s possible you might expand upon an idea or activity mentioned in your Common App essay, your supplements and personal statement should be distinctly different from one another—just imagine the same person reading all of them in a row!

Contact us for information on rates and more!

• I am a * Student Parent Potential Partner School Counselor Private College Counselor
• Name * First Last
• Phone Type Mobile Landline
• Street Address
• Address City State / Province / Region Afghanistan Albania Algeria American Samoa Andorra Angola Anguilla Antarctica Antigua and Barbuda Argentina Armenia Aruba Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire, Sint Eustatius and Saba Bosnia and Herzegovina Botswana Bouvet Island Brazil British Indian Ocean Territory Brunei Darussalam Bulgaria Burkina Faso Burundi Cabo Verde Cambodia Cameroon Canada Cayman Islands Central African Republic Chad Chile China Christmas Island Cocos Islands Colombia Comoros Congo Congo, Democratic Republic of the Cook Islands Costa Rica Croatia Cuba Curaçao Cyprus Czechia Côte d'Ivoire Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Eswatini Ethiopia Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia French Southern Territories Gabon Gambia Georgia Germany Ghana Gibraltar Greece Greenland Grenada Guadeloupe Guam Guatemala Guernsey Guinea Guinea-Bissau Guyana Haiti Heard Island and McDonald Islands Holy See Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Korea, Democratic People's Republic of Korea, Republic of Kuwait Kyrgyzstan Lao People's Democratic Republic Latvia Lebanon Lesotho Liberia Libya Liechtenstein Lithuania Luxembourg Macao Madagascar Malawi Malaysia Maldives Mali Malta Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Moldova Monaco Mongolia Montenegro Montserrat Morocco Mozambique Myanmar Namibia Nauru Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue Norfolk Island North Macedonia Northern Mariana Islands Norway Oman Pakistan Palau Palestine, State of Panama Papua New Guinea Paraguay Peru Philippines Pitcairn Poland Portugal Puerto Rico Qatar Romania Russian Federation Rwanda Réunion Saint Barthélemy Saint Helena, Ascension and Tristan da Cunha Saint Kitts and Nevis Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa San Marino Sao Tome and Principe Saudi Arabia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon Islands Somalia South Africa South Georgia and the South Sandwich Islands South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Sweden Switzerland Syria Arab Republic Taiwan Tajikistan Tanzania, the United Republic of Thailand Timor-Leste Togo Tokelau Tonga Trinidad and Tobago Tunisia Turkmenistan Turks and Caicos Islands Tuvalu Türkiye US Minor Outlying Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Venezuela Viet Nam Virgin Islands, British Virgin Islands, U.S. Wallis and Futuna Western Sahara Yemen Zambia Zimbabwe Åland Islands Country
• Which best describes you (or your child)? High school senior High school junior College student College grad Other
• How did you find CEA? Internet Search New York Times Guidance counselor/school Social Media YouTube Friend Special Event Delehey College Consulting Other
• Common App and Coalition Essays
• Supplemental Essays
• University of California Essays
• University of Texas Essays
• Resume Review
• Post-Grad Essays
• Specialized Services
• Waitlist Letters
• Private School Essays
• General College Counseling
• School list with priorities noted:
• Anything else we should know?
• Comments This field is for validation purposes and should be left unchanged.

School Stats:

• Agnes Scott College
• Alvernia University
• American University
• Amherst College
• Babson College
• Bard College
• Barnard College
• Baylor University
• Bennington College
• Bentley University
• Berry College
• Bethany College
• Bishop’s University
• Boston College
• Boston University (BU)
• Bowdoin College
• Brandeis University
• Brown University
• Bryn Mawr College
• Bucknell University
• Butler University
• California Institute of Technology (Caltech)
• California Lutheran University
• Capitol Technology University
• Carleton College
• Carnegie Mellon University
• Catawba College
• Centre College
• Chapman University
• Claremont McKenna College
• Clark University
• College of Mount Saint Vincent
• College of William and Mary
• College of Wooster
• Colorado School of Mines
• Columbia University
• Cornell University
• Culver-Stockton College
• D'Youville University
• Dartmouth College
• Davidson College
• Drexel University
• Duke University
• Earlham College
• Elon University
• Emerson College
• Emory University
• Flagler College
• Fordham University
• George Mason University
• Georgetown University
• Georgia State University
• Georgia Tech
• Harvard University
• Harvey Mudd College
• Haverford College
• Hillsdale College
• Hofstra University
• Illinois Institute of Technology
• Illinois Wesleyan University
• Indiana University Bloomington
• Ithaca College
• Johns Hopkins University
• Kalamazoo College
• Lafayette College
• Lehigh University
• Lewis and Clark College
• Linfield University
• Loyola Marymount University (LMU)
• Lynn University
• Macalester College
• Malone University
• Manchester University
• Marist College
• Mary Baldwin University
• Massachusetts Institute of Technology (MIT)
• Meredith College
• Monmouth College
• Moravian University
• Morehouse College
• Mount Holyoke College
• New York University (NYU)
• North Park University
• Northwestern University
• Occidental College
• Oklahoma City University
• Olin College of Engineering
• Pepperdine University
• Pitzer College
• Pomona College
• Princeton University
• Providence College
• Purdue University
• Rensselaer Polytechnic Institute
• Rice University
• Saint Elizabeth University
• Santa Clara University
• Sarah Lawrence College
• Scripps College
• Seattle Pacific University
• Smith College
• Soka University of America
• Southern Methodist University
• St. John’s College
• Stanford University
• Stonehill College
• Swarthmore College
• Syracuse University
• Texas A&M University
• Texas Christian University
• The College of Idaho
• The George Washington University
• The New School
• Trinity College
• Tufts University
• Tulane University
• University of California
• University of Central Florida (UCF)
• University of Chicago
• University of Cincinnati
• University of Colorado Boulder
• University of Florida
• University of Georgia (UGA)
• University of Illinois Urbana-Champaign
• University of Maryland
• University of Massachusetts Amherst
• University of Miami
• University of Michigan
• University of Minnesota
• University of North Carolina at Chapel Hill (UNC)
• University of North Carolina at Charlotte
• University of North Carolina at Greensboro
• University of Notre Dame
• University of Oklahoma
• University of Oregon
• University of Pennsylvania
• University of Pittsburgh
• University of Richmond
• University of San Diego
• University of San Francisco
• University of Southern California (USC)
• University of Texas at Austin
• University of Tulsa
• University of Vermont
• University of Washington
• University of Wisconsin-Madison
• Vanderbilt University
• Vassar College
• Villanova University
• Virginia Tech
• Wake Forest University
• Washington and Lee University
• Washington University in St. Louis
• Wellesley College
• Williams College
• Worcester Polytechnic Institute (WPI)
• Yale University

Want free stuff?

We thought so. Sign up for free instructional videos, guides, worksheets and more!

One-On-One Advising

Common App Essay Prompt Guide

Supplemental Essay Prompt Guide

• YouTube Tutorials
• Our Approach & Team
• Undergraduate Testimonials
• Postgraduate Testimonials
• Where Our Students Get In
• CEA Gives Back
• Undergraduate Admissions
• Graduate Admissions
• Private School Admissions
• International Student Admissions
• Common App Essay Guide
• Supplemental Essay Guide
• Coalition App Guide
• The CEA Podcast
• Admissions Stats
• Notification Trackers
• Deadline Databases
• College Essay Examples
• Academy and Worksheets
• Waitlist Guides
• Get Started

Do You Need a Business License to Sell on Etsy?

Figuring out if you need a business license to start your Etsy shop can be confusing. Let us help you make sure you're in compliance with the law.

Find out more about business licenses

by   Lindsay VanSomeren

Lindsay VanSomeren specializes in writing about credit, debt, personal finance, and insurance. Her work has appeared ...

Read more...

Updated on: August 2, 2024 · 10 min read

Do you need a business license to run your Etsy shop?

Determining if you need a business license for etsy, steps to obtain a business license, legal best practices for your etsy shop.

No, Etsy does not require a business license to start an Etsy shop.

There’s no two ways about it: Etsy has become one of the premier online craft markets in the world. If you’re launching your own handmade items and crafts business, Etsy is the place to be.

One of the reasons Etsy is so popular is because the platform makes it super simple to get started. You don’t need a business license to sell on Etsy, nor worry about most other business formalities, like collecting sales tax. However, in some cases, you might need to consider those things anyway. Here's what to know about business license requirements when you sell on Etsy.

No, but your government might require you to get a business license for your online business, even if you only sell products on Etsy and nowhere else. Whether or not you need a business license as an Etsy seller depends on a few different things:

• Your location: Business licenses are generally issued by state and local governments, and the local laws vary around the country.
• Your products: If you sell things that are regulated by the federal government, like some live plants or animal parts, you may need a federal business license.
• Your sales volume: If you reach a certain sales amount in some areas, you may need to get a business license.

Remember, Etsy only sets the rules for who can sell on its platform. It’s the different levels of government that you live under that set the rules for who needs a license to legally operate a business. Figuring out whether you need a business license in general—whether selling on Etsy or anywhere else—is a bit more complicated.

It’s important to know that business licensing is a separate thing from registering your business, collecting sales tax, and paying taxes. Registering your business name doesn’t always mean that you have a business license, for example, and having a business license doesn’t necessarily mean you need to collect sales tax.

Once you realize these are separate processes, it’s a bit easier to understand whether you need a business license or not for your Etsy business. Along these same lines, there’s not any single business license—instead, your business may need one or more separate business licenses, depending on which level of government you’re talking about.

Business vs. hobby

The IRS also distinguishes between a legal business vs. a hobby when it comes to whether—and how—you’re taxed on any income you make from your Etsy store. (Remember, though, the IRS can’t tell you whether you need a business license or not—that’s up to other government agencies to decide.)

Even if your state and local government don’t consider you a business, the IRS may still require you to pay taxes as if you were.

That’s especially important to know, given that Etsy may automatically report your income to the IRS if you meet certain sales thresholds each year. For many Etsy sellers, this happens if you reach $20,000 in sales and over 200 transactions. But in some states, like Massachusetts and Vermont, you only need to make $600 in sales before this reporting is triggered—whether the state requires you to have a business license or not.

When that happens, Etsy will issue both you and the IRS a Form 1099-K , which reports your sales income. If you aren’t running a formal Etsy business and you’re only selling to recoup some of your craft supply costs, chances are you’ll simply include this extra income on your personal tax return at the end of the year. (Note that you may need to pay estimated quarterly taxes in some cases, notably if you expect to owe more than $1,000 in taxes at the end of the year. It’s a good idea to talk to an accountant in this case.)

Federal regulations

Businesses that sell certain products regulated by federal agencies will need a federal business license. In some cases, this could include products like crafts made from animal parts or live plants. Most of these regulated goods, like nuclear waste, alcohol, or firearms, aren’t even allowed on Etsy anyway. But it’s worth checking the list of regulated products to be sure.

Local regulations

The biggest thing that determines whether you need a business license or not—whether you’re selling on Etsy, at your local farmer’s market, or craft fairs—is your state and local government. When people refer to “business license,” they’re generally talking about a state-specific license. But you may need a county, city, or tribal business permit as well, depending on the rules for the different governmental umbrellas you fall under.

In addition to a business license, each of these different levels of government might require additional business permits as well. Common examples are cottage food laws that require a permit for selling homemade food, a sales tax permit for a registered business, or a home occupation permit required by many counties or cities.

Sorting out these requirements will require a bit of digging on your part. You’ll need to contact the business or revenue departments of your state and local governments to get the final word for your exact business type, business structure, and location.

If your state or local governments don’t require you to get a business operation license based on your Etsy sales volume, you don’t necessarily need to. But if you do, here’s a quick rundown of how the process will work:

• Choose a business structure: A sole proprietorship—the default business type—may or may not need a business license. But if you choose to operate as a limited liability company (LLC), corporation, or other business structure , you generally will need a business license.
• Get an employer identification number (EIN): The IRS offers a quick online tool to get an EIN for your business so that you don’t have to use your own Social Security number. You can use this EIN on government forms or to get a business bank account. An EIN is available for any business structure, even if you're operating as a sole proprietorship or limited liability company.
• Register your business: Registering your business gets it added to your state and local government’s books so you can work with them, such as by paying state taxes or maintaining local business licenses. It’s a good idea to hire an attorney to do a trade name search for your business name or any others you use, like your Etsy store name.
• Apply for a business license: Often done at the same time when you register your business, applying for a business license from your local or state government is as simple as paying a small fee and providing business details such as your business name and contact information.
• Acquire additional permits and licenses: Check with the relevant agencies to see whether you need any additional business permits to sell on Etsy, such as for selling food or operating a home-based business. Your state and local business departments can help you locate any other relevant permits, along with a good small business attorney.

Sorting out the legal requirements to run your Etsy shop on the right side of the law can be confusing, especially given how much things can vary around the country for different Etsy sellers. It doesn’t have to become an additional full-time job, however; there are things you can do to help:

Research government regulations

It’s important to know what agencies regulate businesses in your area, such as the Secretary of State and the Department of Revenue in Washington state. You can contact these agencies to see what your Etsy business needs to do to comply with the law. They can help you determine your sales tax policies.

Your business may also need to follow the rules in other states or countries, too, such as the EU’s Value-Added Tax (VAT) , which Etsy may be able to help with in certain cases. Staying active with Etsy business owner communities can also help clue you into what laws you need to think about, but it’s not a substitute for legal advice.

Tax obligations

“Small business taxes” is a broad topic, and your Etsy business may owe one or more types:

• State sales taxes
• Value-added taxes (VAT)
• Quarterly estimated taxes
• Business and occupation (B&O) taxes

As we’ve seen, Etsy may be able to help small business owners with some types of business activities and taxes when selling online, such as VAT, in addition to state-specific sales taxes. But you’ll need to calculate and pay income tax on your own, ideally with the help of an accountant. 

Record keeping

Keeping accurate records of how much you spend and how much you earn through sales transactions is important for several reasons. You can use it to make profitable business decisions about what to make and sell on Etsy, as well as what information to report on your taxes at the end of the year. Speaking of taxes, it’s important to hang onto this information in a safe place in case you’re ever audited later by the IRS.

Consult your attorney

The actual licensing part is just a small piece of a complex puzzle when it comes to sorting out the requirements to become an Etsy seller. It’s a wise idea to chat with a small business attorney for several reasons, and we can help you find one. An attorney can help you:

• Make sure your business name is available for use
• Determine whether you need to collect sales tax or not
• Save hours of time researching and interpreting the law
• Get peace of mind that you’re meeting legal requirements
• Stay compliant with ongoing requirements and new changes
• Learn about the best way to structure and run your online business
• Get advice on liability protection and ways to protect your personal finances from your business activities
• Help you interpret government regulations and answer the question, do you need a business license to sell on Etsy?

How do I determine if my Etsy shop is a business or a hobby?

Whether your Etsy shop is a business or a hobby depends on the guidelines set out by specific government agencies you’d be interacting with as a legitimate business. For example, the IRS has one set of rules for what counts as a business vs. a hobby for taxation purposes, but your state government may set other criteria.

What is an EIN, and do I need one for my Etsy shop?

An employer identification number is like a Social Security number for your business. It lets you identify your business on tax forms, open business bank accounts, apply for business funding, and so on. Etsy does not require you to have one, but it’s a good idea anyway.

What are the consequences of not obtaining the necessary business licenses and permits?

Online sellers might receive a fine or even be shut down, depending on what type of government agency you ran afoul with, which federal laws you broke, whether you're selling food without a license, etc.

Do you need a business license to sell on Etsy?

No, Etsy does not require a business license to get started selling online with an Etsy account. Other government agencies may require that you have a business license to sell on Etsy; however, it depends on where you live.

You may also like

Is a Business License Needed to Form an LLC?

Forming an LLC usually doesn't require a business license, but requirements vary depending on the type of business where the business is located.

July 29, 2024 · 4min read

A complete guide to what a registered agent does

Your LLC can't function without a registered agent. Find out what a registered agent does and how to find one for your LLC.

October 26, 2023 · 4min read

5 ways to protect your small business from a cyberattack

A cyberattack can devastate a small business, and the risk is greater than you might think. Find out what you can do to avoid an attack and protect yourself if one does happen.

January 25, 2023 · 3min read