Tag: business

Advertising

The Concept of Advertising in Small Business

Advertising consists of those activities by which visual or oral messages are addressed to selected public for the purpose of informing and influencing them to buy products or services or to act to be inclined favourably toward ideas, persons, trademarks or institutions featured. As contrasted with publicity and other forms […]

Leadership

How Business People Make Decisions?

We need to understand that people prefer to think, make decisions, and act in ways that are natural and convenient for them. They like to feel that any decision can be made and implemented in an easy, manageable, and acceptable manner and that it will be the "best way" to […]

Management

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, […]

Management

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 […]

Employment

Challenges with Employee Benefits

Popular benefits such as medical and life insurance, retirement plans, bonuses, stock options and profit sharing, are attractive ways that companies can lure the best and the brightest. However, for small businesses, those resources are often cost-prohibitive and/or have to be paired down considerably in order to stay profitable. Regardless of size, […]

Law

Crucial Compliance Laws in 2014

Business compliance laws are extremely changeable and malleable, and this offers both benefits and drawbacks to commercial ventures depending on the prevailing economic climate. The evolutionary nature of these laws and the world around them does make it difficult for business-owners to keep track, however, which explains the recent decision of leading […]

Marketing

Top Benefits of SMS Marketing

With most people having mobile phones nowadays, short messaging services (SMS) have become an effective and pocket friendly way of communication. Businesses can greatly benefit from this service by embracing SMS marketing. With your mobile phone, you can either send a message or call someone anytime. SMSs have actually become […]

Management

The Basics of Business Management

The term management can be viewed from two different perspectives. It can be used to refer to the coordination of all activities necessary for a business to achieve its set objectives through maximum utilization of available resources. It can also be used to refer to the persons bestowed […]