11 pages PPT for business project

profileXinxie lie
Business100Finalpro.docx

Final Project part 1

(I’d like to establish the Quick meal delivery industry)

Part 1:

1. California. If I would establish my own business in the Unite States, I will do it in California. California may be isn’t the biggest states in the Unites States, but it is the most development states in the U.S. It shows that if consider California as a country and it would be the sixth well-developed country in the world. Since there has the Silicon Valley in San Jose, it attract more and more people move to California not only from other states in the U.S but also from all the world. Then, California is the most abundant nations states so the there has so many different kinds of cultures. Last but not least, San Francisco and Los Angela is one of the biggest city in the U.S even in the world.

2. According to 2015 US Census Bureau estimates, California's population was 72.9% White, 6.5% Black or African American, 14.7% Asian, 1.7% Native Americans, 0.5% Pacific Islander and 3.8% from two or more races. By ethnicity, 38.8% of the total population is Hispanic-Latino (of any race) and 61.4% Non-Hispanic (of any race). Hispanics are the largest ethnic group in California.

3. There is a large population in California and there are going to more and more people move ti California. Also, the cities are close to each other. It is very convenient if u can drive.

4. Income tax: 1% - 13.3%, Sales tax: 7.5% - 9.5%, Property tax: 0.81% average effective rate.Gas tax: 45.39 cents per gallon. California has among the highest taxes in the nation. Its base sales tax rate of 7.5% is higher than that of any other state, and its top marginal income tax rate of 13.3% is the highest state income tax rate in the country. The Golden State fares slightly better where real estate is concerned. On average, homeowners pay just 0.81% of their actual home values in real estate taxes each year, 18th lowest in the country.

Part 2:

1. For me, I would like to hold a business for quick meal delivery industry. Because there are a few same companies in California and the deliver fees are very high, and those companies only be an intermediary between consumers and restaurants for ordering, they would not be responsible for delivery. Then,most of the restaurants are not accept delivery, they only let the customers come and pick up and even if accept, it would cost so much times to delivery. In my business, people can very easily to order their food through the app which make by the companies. Then, the companies would dispatch the “dispatcher” to pick up food from the restaurant to the address of the people did order. This process only cost 15 min to 25min.

2. In fact, the companies which they are only responsible for food delivery are rise up in China. They are very famous and popular in Chinese culture right now. I can search them from Baidu that I can got a lot information like how they make the relation to the companies and restaurants.

https://www.census.gov/quickfacts/table/RHI705210/06

https://smartasset.com/taxes/california-tax-calculator