Enterprise - An enterprise is a business organization consisting of one or more domestic establishments that were specified under common ownership or control. The enterprise and the establishment are the same for single-establishment firms. Each multi-establishment company forms one enterprise - the enterprise employment and annual payroll are summed from the associated establishments.

Firm - A firm is a business organization consisting of one or more domestic establishments in the same state and industry that were specified under common ownership or control. The firm and the establishment are the same for single-establishment firms. For each multi-establishment firm, establishments in the same industry within a state will be counted as one firm- the firm employment and annual payroll are summed from the associated establishments. 

Enterprise Size - Enterprise size designations are determined by the summed employment of all associated establishments. The enterprise size group `0` includes enterprises for which no associated establishments reported paid employees in the mid-March pay period but paid employees at some time during the year.----------------

Business PlanMany entrepreneurs write a business plan only when they need to secure start-up financing. However, your plan is far more than a document for banks and investors to read; it's an invaluable roadmap for launching and growing your business.

In order to put your business concept on paper, you need to think through and research the many factors that are needed to make sure your business is a success. With a plan, not only can you spot potential weaknesses, opportunities, and threats, your plan can help you make informed decisions about your venture before you commit yourself legally or financially.

Here, we've summarized the key sections that you'll find in a business plan.

The Seven Key Sections of a Business Plan

1. Executive summaryYour executive summary should be 1–2 pages long, and provide an overview of your business concept, key objectives of your business and your plan, ownership structure, management team, your product or service offering, target market(s), competitive advantages, marketing strategy, and a summary of your financial projections. Your executive summary should be written last, after you've written the rest of the plan; each paragraph should be a summary of the more detailed, related section of the plan.

2. Business OverviewIn your overview, include details regarding your business’s history, vision and/or mission, objectives, and your ownership structure.

3. Products and Services

Expand upon your products and services, including features and benefits, competitive advantages, and, if marketing a product, how and where your products will be produced.

4. Industry overviewThe industry overview is your opportunity to demonstrate the viability of your business by discussing the size and growth of your industry, the key markets within your industry, how your customers will buy your products or services, and which markets you’ll be targeting.

5. Marketing StrategyHere you describe your target market segments, your competition, how you'll differentiate your products or services, and your products’ or services’ unique selling proposition (USP).

Discuss product or service pricing and promotion, including how your promotional programs will appeal to each of your target market segments.

Provide a plan of traditional and guerrilla marketing tactics, such as tradeshows, press-magnet events, social media marketing (e.g. Facebook, Twitter, etc.), networking, and print, media, or online advertising. Include the cost associated with each tactic.

Describe how your products or services will be sold (e.g. storefront, online, wholesalers), and your target markets’ buying cycle.

6. Operations PlanProvide a profile of your management team, your human resources plan, your business location(s) and facilities, your production plan (if selling a product), and an overview of day-to-day operations.

7. Financial planSome believe this is the most important part of a plan – so much so, it’s worth dedicating up to 80% of your time to writing this section. You'll need to show three years’ worth of projected financial statements, including income statements, pro-forma balance sheets, and monthly cash flow and annual cash flow statements. Summarize each statement into a few easy-to-understand sentences and put these in a cover page for the statements. Be sure to document all of the assumptions you used in forecasting your revenues and expenses.

Steps to establish a successful small enterpriseFirst : selection of suitable projectSecond : market studyThird : technical studyFourth : financial studyFifth : Financing of small enterpriseSixth : Government procedures and licensesSeventh: Management of small enterpriseFirst : Selection of suitable project

What project should I establish? how can I make it successful ? what are the methods of achieving profits through it ? How I can protect the business method of my project ? These are the common questions usually confuses a business initiator while preparing for establishing a project. Selection of a good project is the starting point of any project. The success and failure of the projects is largely depends up on the ideas. Random selection also may become success, but it is very rare. So it is very important to search for an opportunity that suits with the project owner and market demands.Determine opportunities of appropriate projects for youIn order to determine a suitable project, it is very much necessary to identify his own personal interests, skills, financial possibilities, practical and educational efficiencies. The project has to be finalized by taking in to consideration of these abilities and efficiencies. He has to understand the maximum businessopportunities available in the market in order to select his ambitious and profitable project. These operations can be briefed as follows ; 1) Define the nature of the project Mainly there are three important fields for the projects namely industrial, service, trade. The nature of each projects defers from one other and each of them have sub sectors like electronic sector, foodstuff, chemicals and agricultural … etc. Financial returns also varies in these sectors. So the project owners has to defile the projects according to his interests and desires to cover his financial needs in addition to thefollowing aspects- Educational qualification and specialization- work experience- Personal technical skills- family companies- available personal financial resources and financing opportunities- expected financial return from the project during the coming three years- relations network of the owner- aim of the projectThese landmarks simplify the procedures of selecting an ambitious project and encourage the owner to continue and develop his business.