Getting the Best from an Efficient Business

ARTICLE SUMMARY: With the advent of the computer in the workplace the accent has always been on the ‘paperless office’. The electronic age was always thought to be the end of paper filing systems, dockets and pigeonholes. This is not the case! The truth of it is, there will always be paper in the office, no matter how modern that office. Continue reading

Raise Finance for Your Business in 2013

The economic world is changing and has been over the last few years. As we left the 90’s and entered the new millennium we were firmly in the digital age. The Internet was now part of our lives and commerce was being done through digital form for the first time (well efficiently anyway). The new age was supposed to be a prosperous one, which many saw as lasting as forever as there were successes in all industries, especially those that embraced the Internet. However, come 2008 our thoughts and opinions changed dramatically. News quickly began to spread about the amount of trouble the financial institutions were in, some of whom then either had to be bailed out by their respective governments or go out of business (Lehman Brothers). Continue reading

Effective Credit Management Can Lead To Greater Growth

ARTICLE SUMMARY: Many companies might be put off taking out credit insurance. However, credit management is not just about dealing with situations when they go wrong. Taking control of your business’ finances can have positive effects on your bottom line. We are still in the middle of a fluctuating economy, where even big name companies are going under. Therefore, the role that credit insurance and effective credit management can play in your business’ success has become even more important. When you start working with a new client, or even those you have done business with for years, there is always the risk that they might not pay for the goods. Continue reading

Websites as small but a significant market space in India: A forecast

Business Frontiers, Vol. 2, No. 1.

Title: Websites as small but a significant market space in India: A forecast

 

Publication date: January, 2013.

Authored by P. Vigneswara Ilavarasan and Arpan K Kar

 

 

This paper can be cited as follows: Ilavarasan,P.V., Kar, A.K. (2012). Websites as small but a significant market space in India: A forecast, Business Frontiers, 2(1), 1-6.

Abstract: Due to a sudden change in the regulatory guidelines in India, a surge in the web-space requirements is anticipated among companies based on paid-up capital size. The objective of this guideline is to enhance the transparency in the corporate governance and signal the growth potential of the firms to the investors from India and abroad. This article explores the potential market size of website creation and maintenance for the 6.5 lakh companies, for whom this regulatory guideline may impact more.

To download the complete article, please visit this link: Websites as small but a significant market space in India: A forecast

Keywords: Websites, India, Market sizing

Business Frontiers is a premium series of refereed open source white-papers on critical emergent issues and classic topics in business and management including but not limited to marketing management, technology management, e-business, finance, economics, human resources, organizational behavior and general management. Articles published as open source white-papers in Business Frontiers are copyrighted using a Creative Commons Attribution 3.0 Unported License. Please visit the publication page for more details on Business Frontiers. For submission of original articles for publication, please read the Guide for Authors and the Call for Papers.

Health & Safety Training to Safeguard Your Business

ARTICLE SUMMARY

This article looks at the necessity of high quality health and safety training. This is designed to safeguard and protect your business. It also ensures that it complies with the law.

Why health & safety training?

The government’s Health & Safety Executive (HSE) define the standards by which modern businesses must operate in a safe, healthy and business compliant manner that safeguards staff, customers and other stakeholders who engage with the business in various capacities.

This includes a number of measures for defining processes, setting business continuity strategies and documentation in place and ensuring that staff is trained adequately in good working practices that relate to the demands of their role. It involves health and safety courses and skills being regularly updated and refreshed to keep abreast of policy changes. Additionally, all business premises are required to regularly report and monitor the effectiveness of their health and safety business practices and report back, where required, to senior management.

Engaging an external contractor

A specialist health and safety consultancy is ideal for supporting businesses with their legal and business requirements in this area. Most business people don’t have time to keep up to date with the latest developments in the field and benefit from specialist advice and guidance from those who are skilled and experienced in the health and safety industry. Health and safety courses are often best delivered by an external accredited provider where there isn’t a sufficient internal resource to provide these courses. This engagement will satisfy the requirement for training staff in how to safely carry out their roles and protect other business stakeholders and the general public in the process. These courses should be accredited by organisations such as CIEH, Construction Skills, IOSH and NEBOSH, depending on the area and industry involved.

Other requirements

As well as training, businesses must carry out business continuity management and process management to ensure that their operations and systems are safe and robust. Specialist organisations and consultancies can help with management training to deliver this and support with the preparation and delivery of these systems and accompanying risk documentation. This will include support and training for the risk assessment process and hazards identification, mitigation and paperwork. The same external provider might also offer health and safety advice to the business client, including assessments, policy support, health checks and audits, retainer contracts and more.

To find the right external provider, look for signs of industry accreditation and recognition. As well as the qualifications listed above, accreditations and marques such as IIP and ISO are ideal, as is membership to a trade body of the Chamber of Commerce. Research into the company and seek out other customers to get their opinion. Look for testimonials and published statistics before engaging in a competitive tendering process with a few hot leads. Make sure this is done in an objective way and meet the person or people who would be managing your account to get a feeling of how they operate, what their skills base is and how well they understand and can learn about the requirements of your business. A good sense of working rapport will also be needed, as this consultancy will need to be able to work productively and openly with your business and sometimes feedback difficult and challenging messages to the senior leadership team where improvements are needed. If you require a package of support services, consider getting an annual retainer in place and negotiating on costs.

AUTHOR BIO

Mary Conner writes regularly on health and safety courses and legislation. She contributes to a range of business and trade websites and publications.

Nylon Plastic – History and Applications

Nylon is a type of plastic, first created as a polymer in February 1935 by a research chemist called Wallace Carruthers. Carruthers wasn’t to know it at the time, but he’d created what was to become one of the most widely used polymers in the world.

Nylon plastic is a thermoplastic – that is, it is capable of being moulded when heated to high temperatures, but reverts to its stasis form on cooling. As such, nylon is used to make a lot more than just stockings. In fact, stocking were not even the first thing that nylon was used to fabricate. The stuff was first used to make the bristles on the nylon toothbrush – women’s stockings, colloquially still known as “nylons”, were created some two years later. Nylon was shown to be a fabric at the World’s Fair in 1939, four years after its initial creation by Caruthers.

In fibrous form, Nylon is used to make parachutes, trousers and webbing – its initial application as a replacement for silk fabrics being carried on to this day. It has major applications in the military as a result of its strength and durability – including, as noted, the manufacture of parachutes and military garments. Nylon may be made in more than one way, dependent on the molecules bonded together to make the polymer. The material is therefore more accurately described, or recognised, as a class – that is, a number of fabrics and materials whose constituent molecules and manufacturing processes are different, may all be thought of as nylons. In hardened form, nylon is used to manufacture plastic screws and gears. Any moving part or mechanical device that may previously have even die cast or metal cast, but which requires the ability to withstand only low to medium stress points, may be made from nylon. The plastic gear wheels and cogs fond in the winding mechanisms of some mass produced clocks are a fine example of this use of nylon.

The nylon most commonly used as rigid nylon is called nylon 6, after the number of carbon atoms that separate the two groups of acids and the two groups of amines bonded to form the polymer. This naming convention exists across the manufacture of nylon- each type of nylon receives a numeric designation that reflects the number of carbon atoms spacing the acids and amines in the chain.

The creation of nylon is an artificial replication of what happens in the human body when polypeptides are created (often in the gut). A polypeptides is a helix or string of bonded amino acids, which are linked together to form what is effectively a biological plastic. The structure of nylon is identifiable with that of a polypeptide (one of the most famous of all polypeptides, DNA, shows off this structure to great effect) – bonding strands tying together the amines and the acids in a single unit.

The Dupont laboratories (where Carruthers worked) put out a patent on nylon 6, which meant that other companies had to find a different way to achieve the same substance if they were to avoid infringement of copyright laws. The solution was to change the way polymerisation happened. Nylon 6 is made using condensation of acids and amenes: its commercial counterpart is made by breaking, rather than making, chemical bonds – with the resulting broken strands fusing together to form nylon.

Summary

Nylon plastic, first revealed in the mid-1930, has become one of the most widely used polymers.

Author Bio: Hecate Northrop is a molecular chemist. He researches in the domain of covalent bond theories to produce new types of nylon plastic which can be used for industrial purposes during different adverse environmental conditions.