The Business Case For Active Transportation: Fill & Download for Free

It depends on the mission profile of the aircraft, Every aircraft is designed according to its intended tasks to be performed. If we want a aircraft to transport heavy goods or passengers at long distances we need a surface landing aircraft. The landing gear cost and runway maintenance cost are traded off with the profits earned. Seaplanes are usually propeller driven aircrafts as they require high take off thrust but then you have loss of efficiency at high speeds due to propeller and it also has other shortcomings, like the landing and takeoff areas should have little or no wave activity.

The answer really should be conditional as it depends on a few variables.The first question is, are the founders actively working in the business? I think in this case, the founder is either the CEO, or CTO. Of course if a founder is not actively working on the business, then there should be no wage.Next, if the founder is wealthy, and has other income, they may not need to take a wage after seed funding. However, most founders are not in this category.So regarding a founder that actively works in the business and is not wealthy, and does not have other income, my feeling is that the board should pay a living wage, based on the geographic area. For example in Silicon Valley, a living wage would be much higher than it would be in other areas of the country.The reason for this is that no Board wants founders to worry about day-to-day items such as food, housing, transportation and other distracting issues. If a founder is worrying about financial problems, then they cannot put 100% of their focus into the business.Some may disagree with me here and argue that founders stock is enough compensation. In the case of a founder who has no other income, combined with the fact that stock usually will not be liquid four years, if ever, by not giving the founder a living wage the board is putting extreme pressure on the individual, and the business will suffer.On the other hand, I have also seen founders pay themselves very large bonuses for hitting milestones. My feeling is that there should be no cash incentives until the company's cash flow positive. In other words never use investor money to pay bonuses.Anyone who has worked in a startup knows the 24/7 schedule necessary to give the business the best chance of survival, and success. By paying a living wage to full-time working founders, the Board is providing the platform for success.

5 Biggest Challenges Facing Nigerian Startups Revealed. Nigeria is the most populous nation in Africa, with an estimated population of 150 million people. Over the last few years theNigerian economy has grown at a steady pace, as shown by the recent GDP rebasing of the economy which has led to more than 80% growth in the economy.Nigeria is a country blessed with human, mineral and natural resources, making her a viable hub for various business activities as well as investments, thus making her the toast of every entrepreneur and investor all over the world.Despite the growth of the economy and the potential of great business opportunities, Nigeria still has some challenges that can affect an entrepreneurs or investors who plan to do business in the country.Below are the various problems or challenges that an entrepreneur or investor who plans to do business in the country could face.1. Lack of Enabling Environment and InfrastructureThe Nigerian business environment lacks basic amenities and infrastructure that aids and helps business development and survival.For example, if an investor intends to start or set up a production firm, he or she will find out that they need to provide their building, water supply, logistics and other amenities needed.This in the long run leads to more money being spent on the business and increase the time frame needed to start.2. Poor Power SupplyA major problem facing even established companies and organizations in Nigeria.So far, government has not been able to find a lasting solution to the power situation in the country which affects the big organizations including the multinationals down to the one man business such as the barbers or tailors who depend on power to run their business.The solution to this is to get solar plants or a generator which in turn leads to a lot of money spent by the business for their purchase, even before any sale or production has been done.This not only affects the business as money that could have been spent to improve the other areas of the business are spent on generator and fuel, but also the end product of whatever the business produces becomes more expensive to the final consumer as the business has to make sure they do not lose.3. Poor Transport NetworkMost organizations and companies locate their businesses near their source of materials or market to help save cost and time.But in cases where this is not possible, the problem of transportation will come up. Nigeria does not have a good transport network, most roads are not in good shape and the railways and waterways have not been fully established.The problem a company will face is getting their goods from their warehouse to their consumers.There have been incidents where products of companies have been stuck on the roads for days because of bad roads that have either made it difficult for the goods to get to their destinations or have damaged the carriers of the goods.This can lead to great losses to companies as perishable goods are affected in such situations.4. Poor Access to FundsFinance and funding is a major aspect of starting or setting up a business. Money is needed to buy materials, suppliers, equipment, pay staff and lots more. In Nigeria, funding is a major problem especially if an entrepreneur does not have enough money to kick start the business.The banks that should help investors are not willing to give startups or new businesses loans because they do not believe in them or feel they have no experience and do not trust them. Where such startup companies or entrepreneur is fortunate to get a financial institution to assist and support them, there is the issue of interest rate or collateral to contend with.Banks usually place high interest rates on loans they want to give their customers. Another problem is that the payback period is usually short which will make it almost difficult for the business to pay back within the stipulated time.5. Not Enough Government SupportOften, people have complained of government not doing enough to help startup businesses or entrepreneurs in general.To start a business , you need to register the business and provide all information of the business.People have often complained of the cost of such registration and the administrative bottlenecks involved in registering the business, which leads to a delay in the business starting on time.There are also the problems of high taxes and duties placed on the business.These are some of the problems one will encounter when trying to start a business in Nigeria. With proper planning and patience one can overcome these problems and grow a successful business from a startup to a conglomerate.