How to Kill Inefficiency in Your Small Business

Businesses have a life cycle, a natural ebb and flow. Some businesses last for generations, but 80% close their doors before their fifth anniversary. To get to be part of the latter, you need to strike a balance in your daily operations. A new business owner needs to constantly identify and eliminate inefficiencies. At first, many of these will be hard to spot, but as your experience grows you’ll notice them more and more. By getting rid of that which wastes time and money, you’ll add years and even decades to the life cycle of your business. But by leaving fatal flaws in place, you are numbering your days. Here are a few of the best ways you can bring order and efficiency to the way you do business. If you follow these steps in the next year, you’ll make sure you have many more anniversaries to come. Continue reading How to Kill Inefficiency in Your Small Business

Increasing Preference for Mobile Wallets – secure and reliable

The still evolving ecommerce and mcommerce technology has given birth to mobile wallets. If you are hearing the word mobile wallet for the first time then these wallets are loaded with cash electronically from an ATM or a mobile retailer. These mobile wallets can be used by customers to shop online or for recharging services such as mobile, data cards and even DTH services. Mobile wallets ensure smooth and hassle free transfer or payment implying uninterrupted service. Continue reading Increasing Preference for Mobile Wallets – secure and reliable

What Should You Know About 360 Degrees Feedback?

Whenever referring to industrial psychology or human resources, 360 degrees feedback stands out as a business method that offers feedback coming directly from one employee’s work circle. In most situations the process involves direct feedback that is offered by colleagues, supervisors and subordinates, together with self-evaluation. The 360 degrees feedback method works really well in increasing company productivity and happiness. Continue reading What Should You Know About 360 Degrees Feedback?

Seven Considerations When Shopping for Your Business ISP

Finding a reliable internet service provider is a decision that should not be made lightly. Having a reliable ISP is a very crucial part of operating your business effectively. As your business stores a vast amount of information online, it is necessary to find a plan that not only meets your budget, but meets your needs. You see, your ISP is a critical infrastructure that helps to support your organization’s internet connectivity, email, commerce, and general business operations. So whether you’re operating an online business or a brick and mortar, who you choose as an internet service provider will greatly affect your organizations success.  Continue reading Seven Considerations When Shopping for Your Business ISP

6 Cash Flow Tips for Startup Companies

Keeping a steady and balanced cash flow running through your operations is essential for businesses of all sizes but particularly for small companies and startups. Here are 6 tips designed to help you find the right focus if you’re at the helm of a fledgling company in any sector. Continue reading 6 Cash Flow Tips for Startup Companies

Business Fundas features in Ivey Case Center

To all our readers, I feel happy to let you know that the case study titled “Growing the Online  Portal of Business Fundas” has been accepted by Ivey. This was a case study on web analytics and web 2.0. Business Fundas is a blog, which was initiated in 2008, and has now over 65,000 subscribers, and gets a lot of traffic (more than companies like tata steel, nomura, etc). This case (like other Ivey cases) will also be available from Harvard Business Publishing. We would like to thank the followers and readers of Business Fundas for all your support throughout these years. Continue reading Business Fundas features in Ivey Case Center

Online Business: New And Growing Career Option

Online Business: Working inside the realm of company is more endemic than people think. A stage in this highly versatile profession will allow people to function as a manager for many different industries like promotion and government. Many online accredited colleges offer stage distinctions in company to properly get ready learners for the expert office. Continue reading Online Business: New And Growing Career Option

How to Get the Best Deal on Your Real Estate Investments with Private Money Lenders

Getting private money lenders to buy into your real estate investment is vital to being a successful investor. It is getting much too difficult to turn to traditional lenders in order to get a mortgage, after all. Nowadays, your credit score has to be beyond perfect and you must be able to prove all your income and outgoings. This can be incredibly difficult and it is making the world of real estate investing almost impossible to get involved in. Sure, there are some hard money lenders out there, but they are now few and far between. So how do you still become successful in real estate investing? Through private money lenders! Continue reading How to Get the Best Deal on Your Real Estate Investments with Private Money Lenders

Challenges of Bid Management

Though the process of Bid Management is as simple as Responding to a Tender Document, it certainly involves a lot of Intra-Organizational or Inter-Organizational coordination of multi functional departments. Some of the challenges of managing bids are being highlighted here. Continue reading Challenges of Bid Management