Many corporate treasurers face exposure to FX volatility on a daily basis. Whether their company foreign investments and borrowings or is importing and exporting goods and services from abroad, currency risk presents real and potentially severe financial dangers for those corporations who fail to develop effective strategies to minimize exposure. […]
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Importance of Business Answering Services for Business
Getting a business telephone answering service can make companies make a good first impression with their clients and customers. An answering service can allow easy access to your customers to contact you. It can also make a huge difference between acquiring new clients and losing them to competitors. Not only […]
How to Create a Proper Invoice
The Bill is almost the most important document of our turnover. It is the key point of our economic activity, to justify expenditures and revenues you’ve had during the quarter and at year end. You must take into account that it is also called as “lifetime tickets” amendment Bill. But […]
Simple Steps To Boost Small Business Efficiency
An efficient business is a profitable business. Conversely, if a company is struggling to stay in business, it needs to address the overt or hidden problems that are making it inefficient in the marketplace. Efficiency, then, should be a priority in any business. While it is not difficult to argue […]
Best Profitable Businesses of 2014 to Start With
Looking to establish your own business, but have no idea where to start? In today's financial system, it might not be the breeze to start your own business. Besides determination, willpower, and a solid business plan, a thriving venture is also dependant on the specific sector or industry in which […]
IRS Urges Foreign Banks to Share Financial Information
Banc De Binary takes a look at the Internal Revenue Service's decision to impose a 30% penalty on non-compliant foreign banks. Teaser US Citizens with Overseas Accounts Brace for the Worst! The IRS will soon be taking a much closer look at the foreign account holdings of US citizens. The […]
How Interactive 3D Presentations Enhance a Property's Selling Chances
In this present age, almost every sphere of life is being touched by the advancements in the field of technology. The world of business is no exception. Different forms of advanced technologies are adding new dimensions to the businesses. One such use is found in the real estate sector. In […]
How Organizational Characteristics of a Business Affect Customers’ Goals
Even taking into account styles, attitudes, and personalities, customers’ goals are not as arbitrary as one would imagine. Two factors influence what goals customers seek and the market segments they belong to: the characteristics of their organizations and their positions. Using these two factors helps you to suggest goals that […]
Common Questions in Strategic Planning
There are seven key questions in strategic planning, both for you and for your business. These are questions that you need to ask and answer over and over, throughout your career. Sometimes a new answer to any of these questions can dramatically change the direction of your business and your […]
Strategy Innovation vs. Strategic Planning
If you are intrigued by the potential of strategy innovation for your company, be aware that you will not get it from your current strategic planning process. You will have to create a separate process for strategy innovation, one that is: 1. Creative 2. Market-centric 3. Heuristic (discovery-driven) Creative Strategy […]
Online Merchandising Strategies
Building a profitable and scalable e-commerce business requires flexible merchandising and an effective infrastructure. Flexible merchandising (delivering value and quality in meeting customer needs) is covered in this article. Effective infrastructure (building efficient processes to create the information required for flexible merchandising) is covered later in the article. Flexible Merchandising […]
Patents-Principles and Registration Prerequisites for Obtaining a Patent in The US
A patent is the protection afforded by the law to ideas. The protection of intellectual property is founded upon the need to balance among the inventor’s right to his or her invention, the desire of the human society to encourage entrepreneurship and innovation, and society’s need to use the invention […]