Nowadays, most companies prefer to automate their products management by implementing ERP (Enterprise Resource Planning) system than manage products manually. Well, have you applied this integrated system at your company? If you have not, it is the time for you to start because it is able to record, process, and track three main things explained below: Continue reading “The Importance of Using ERP System”
Managing business data might be one of your responsibilities as a businessman. Your business must be organized well so you can keep it grow continuously. Make sure that you use database as the main component in doing business management because it is actually a basic concept in providing all information about your business. Well, you shouldnâ€™t ignore to use database for your business because there will be many benefits and easiness for you. Continue reading “The Importance of Utilizing Database Management”
Running business must be accompanied with a lot of efforts to make the business still exists and even can develop continuously. Some people think that in order to survive in the business competitions, they have to market their products creatively, some other focus on the quality of the products, some other just believe that customers will keep coming no matter what they do. In fact, holding an effective and productive meeting is one of the best ways to make the business run well. Continue reading “The Importance of Internal Meetings”
1. A well-researched business idea which includes information on what products and services you intend to offer, who your target customers are, details of your competitors and a general assessment of the market you are proposing to work in.
2. A clear idea of how much itâ€™s going to cost you to start your business.
3. A clear idea of how long it is going to take your business to become fully operational. Continue reading “The Ten Elements of A Winning Business Plan”
The SFLG guarantees loans from banks and other financial institutions for small firms that have viable business proposals but have failed to get a conventional loan because of lack of security.
You can apply for a loan for sums of between Â£5,000 and Â£100,000, or if your business has been trading for more than two years you can apply for up to Â£250,000. Continue reading “Who is Going to Finance Your New Venture? (2)”
In real world, it is hard for small businesses to compete against big industries. They win in most aspects, they get raw materials cheaper, they produce in big amounts, so they can minimize the production costs and sell with cheaper price. However, small businesses should be smart to compete with those industries, finding the hole to involve in the competition. Continue reading “Benefits of E-commerce for Small Businesses”
Talking about business is very interesting. All about business are awesome and great. We know that business is commonly profitable. But, do you know that there is a non profit business? Non profit business is an organization that serves a specific cause and is not intended to make any profit. Continue reading “Talking About Business”
Can you do a business? Or do you have a business? Or do you want to start a business? This is the important that you should know and do in order to be successful in doing a business. It is how to make business decisions. Continue reading “Making Business Decisions”
In Business and Management, there is the organizational hierarchy based on the responsibilities of the managers at different level. It is classified into 3 levels of managements: Continue reading “Management Hierarchy in Business”
In management and business, we know that there are 4 main types of skills that we should possess in order to be high executive level, which are Planning, Organizing, Leading and Controlling. They are the Four Main Principal of Managerial Functions in Business and Management. Continue reading “POLC in Business and Management”