In many ways, there has never been a better time to establish a business or pursue an independent career path. This is thanks to a number of technological, social and economic developments, which have empowered entrepreneurship and freelancing as viable careers. With technology giant Intuit estimating that 40% of the […]
Search Results for "inventory"
Why Is Managing Business Cash Flow Important?
There are so many things that we can say in order to help you make sure that 2015 will be a great year for your company. The problem is that we are faced with so many different things that can be done that it will be difficult to talk about […]
Strategies for Success and Business Profitability During Tough Times
Many of the strategies that were appropriate and effective in the past are no longer above reproach. In fact, we have learned over the years that the global marketplace is a dynamic place, full of turmoil; therefore, rethinking of past assumptions and engaging in out-of-the-box thinking is always required. Organizations […]
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 […]
What is Ratio Analysis
It is recommended that trend analysis be used when evaluating the balance sheet, income statement, statement of cash flows, and ratios. Ideally, five years' worth of data should be used. Trend analysis is the comparing of key ratios from each year against industry norms to pinpoint movement toward improvement or decline in […]
Basic Elements of an E-business Model
The emerging e-business market affords companies of all sizes and types the opportunity to leverage their existing assets, employees, technology infrastructure, and information to gain or maintain marketshare. For example, in the telecommunications industry, service, rather than technology, is now the key differentiator. With lower barriers to entry, new competitors […]
How to Prepare a Good Business Budget
Preparing a good business budget is an essential step for the success of any business. Not only an effective budgeting strategy influences long-term development for the company but also establishes solid relationships with other business partners and prospective customers. Sales Planning Consider the historical patterns of behavior for your customers, […]
Basic Business Planning Strategies
There are a number of reasons why planning is necessary: 1. The future is not an extension of the past. 2. The rate of change in the marketplace will continue to accelerate. 3. Technological progress is taking place at an extraordinary rate. 4. Regulatory issues require constant attention. 5. Population […]
The Retail Marketing Sector in India
Indian retailing is poised at an inflexion point and is predicted to witness major changes in the recent years to come. Domestic major retail players have announced aggressive expansion plans and a number of multinational retail chains are making their entry through various routes. This competition is bringing in new […]
Video Advertising: The Moving Pixels of 2014
When they say a video has the power of ‘The Moving Picture', they are not wrong. Last year was awesome for digital video viewing that witnessed a striking growth in arena. eMarketer's survey had estimated last year that about 182.5 million American people will be inclined to viewing digital videos. […]
Moneymaking Ideas for Entrepreneurs
One of the best things I love about being a freelance writer for a variety of clients across many industries - plus a voracious reader of current affairs and breaking news - is that I'm privy to a bunch of business trends that represent hot and happening opportunities for those […]
A Guide to Using GIS in Power Plant Maintenance
In the past, geographic information systems (GIS) were used for mapping physical land based objects - such as parcels, lakes and roads - as well as storing attribute data about these objects. GIS was also used to manage electric facility data by creating connected networks and maps that model the […]