Running head: BUSINESS ADMINISTRATIONBusiness Administration in the High-Tech IndustriesName:Institutional Affiliation:1SMALL ADMINISTRATION2Financing for Small BusinessesThere are several options for financial start-up for small businesses available such asloans, savings, and contribution from family and friends. Green (2014) argues that entrepreneursmight seek the support of angel investors who provide a significant of the capital and are notinterested in the business. In the process, the individual remains a sole proprietor and runs thebusiness with little interference. Small companies have a variety of support from thegovernment such as references, consultancy, and mentoring. In this way, the businesses are givenhigher chances of surviving in their first year of business.Travis Kanick the CEO of UberUber is a firm that has successfully been launched in the last ten years. Travis Kanick theCEO bases his success on the fact he understood his target market. Through a series of marketresearches and understanding the changing dynamics of the market as well as that of technology,he developed the app. According to Green (2014) market research is of utmost impo ...
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