When you first start running a business, you may be on a fairly tight budget. As such you are going to be extremely frugal with how and where you spend your capital – and you may feel that engaging a business accountant is an expense that you can do without. Continue reading “3 Reasons Why You Should Engage a Business Accountant”
MBA is the need of the day for professionals gearing up to become management experts and empower their career with fast growth and progress. However, more often than not, the successful MBAs fall into a global career where more than theoretical knowledge, skillsets help them to succeed in their goals. This is where a Global MBA Programme assists them with tickets to success by empowering them with the much needed exposure required with the globalization and internalization in the business, in current times. Continue reading “Get Set Go! #empoweryourcareer with a Global MBA”
When running a business, it can be difficult to manage all back office and front office responsibilities with just an in-house staff. Many enterprises soon discover that there are tasks that their team just won’t be able to execute or handle well. This can be anything, from technical support and payments processing to digital marketing and product design. Continue reading “5 Important Business Processes That You Can Outsource”
Taking your company to the next level relies a lot on people being on the same page. This is especially true during transition periods, when major updates happen so frequently. It also keeps your employees from feeling out of the loop, in addition to helping maintain healthy employee engagement. This is why you need effective tools to keep your workforce updated as soon as possible and as frequently as possible. Continue reading “5 Useful Tools for Keeping Your Employees Updated”
Many small business owners find that at some point in their business’s lifespan they are in need of a little extra cash. The reasons for this sudden influx of money will vary from business to business, but there is one thing they all have in common: their business likely won’t survive without it. And that’s where small business loans come in. However, getting a small business loan isn’t necessarily as easy as getting a car loan or even a home loan. So to help you get the money you need to keep your business running smoothly, here are three tips for acquiring a small business loan. Continue reading “3 Tips for Acquiring A Small Business Loan”
The Entrepreneurship Cell, IIT Bombay presents the Entrepreneurship Summit 2017 – a confluence of industry veterans, business leaders, entrepreneurs, visionary students and anyone who has a vision to make the world a better place. Continue reading “The Entrepreneurship Summit 2017”
Environments are pretty fickle things. One moment, everything can be operating well, and in the next moment, one employee walking in with a negative attitude, one difficult customer, or one power outage later can have an entire company up in arms. In any ecosystem, one species in the chain has an effect on the whole system and this can ultimately lead to the downfall of a company, if things aren’t attended to and if attitudes and work ethics aren’t cultivated to created a positive work environment. If you’re looking for ways to create a positive work environment in 2017, there are 3 ways you can do that: Continue reading “3 Ways to Create A Positive Work Environment in 2017”
An old business adage says that if you’re not growing, then you’re dying. As the world and the market around you evolve, your company must make constant changes to continue on a growth trajectory lest you quickly find yourself becoming obsolete. Entrepreneurs and business leaders tend to be risk-takers who embrace change, but employees are likely to resist it. There’s a lot you can do to help your employees accept change with more enthusiasm. Continue reading “Ways to achieve employee buy-in while implementing changes”
As a business owner, you must make sure to secure your workplace as much as possible, no matter how safe you think your location may be. Otherwise, you could not only lose expensive equipment, but you could also become the unfortunate victim of a data breach. Thus, a modern security system is essential to keeping your workplace protected from unauthorized access. But what exactly are the features that you need for maximum protection? In this article, we will discuss four things that you should look for in a reliable modern security system. Continue reading “4 Things to Look for in a Modern Security System”
Expanding your business to new markets can be tricky due to the risks involved. Mortgage loans come to the rescue. Read on to know more.
A new market, in simple language, can be defined as the selling of your existing product or service to a new demographic for a new purpose. A business becomes successful only when it starts to penetrate new markets. This is what made Facebook a global brand and this is the reason why people are equally crazy about Apple products in India as they are in the United States. Continue reading “Looking to Explore New Markets? Keep These Things in Mind”
Your office can tell a client all they need to know about you and your business.
Take a look around now – what do you see? Perhaps some mismatched furniture, or that cheap chair that really isn’t as ergonomic as it claimed to be. Imagine you are seeing your office for the first time – what would you think of the person who sat behind your desk? If you are the business owner, what does the reception area, carpets, furnishings and decor say to you about your business? If the answer you got was hard to swallow then read on. Continue reading “Executive Enhancements | Switching Your Workplace From Lame to Luxurious in 5 Simple Steps”
Looking for a good online MBA program to get enrolled? Well, it is obvious that everyone wants to get quality education from well-known universities that are prestigious. The biggest hurdle is usually to identify these top business programs in the world reported ach year, and even more problematic, getting to determine which MBA program is best to get into. Continue reading “Top 10 Online MBA Programs for 2017”
If you’ve been dreaming about becoming your own boss, knowing whether or not you are ready to take the plunge into healthcare entrepreneurship is essential when it comes to taking the first steps towards a potentially lucrative and rewarding career. Along with having a great healthcare product or service to offer to patients and clients, healthcare entrepreneurs must also have the right knowledge, skills, experience and attitude in order to make their healthcare business venture a success. Read on to discover some expert tips to help those aspiring to start their own business in the healthcare industry to succeed. Continue reading “Top Tips for Aspiring Healthcare Entrepreneurs”
The success of your business depends on how well you carry out its operations. It is usually a delicate venture which can turn out to be the biggest breakthrough in your life if it is carried out properly. At times, just a single mistake can lead to its fall, consequently making you incur massive losses. Fortunately, if you understand these blunders early enough, you can save your business from various misfortunes. The following are some of the mistakes that you will never want to make: Continue reading “5 Mistakes You Will Never Want to Make as a Business Owner”
IIT Delhi is launching the Executive Management Programme in Strategic Innovations, Digital Marketing, & Business Analytics. This is a weekend based 6 month non-residential programme under DMS/CEP, IIT Delhi. Programme eligibility is graduation in any discipline.
DMS, IIT Delhi launches a 6 month Executive Management Programme on Strategic Innovations, Digital Marketing and Business Analytics for working executives from January 2017 to June 2017.
DMS, IIT Delhi launches a 6 month Executive Management Programme for working executives in 2017. The classes would be held in weekends from January 2017 to June 2017. Special focus of the programme is on Strategic Innovations, Digital Marketing and Business Analytics. Continue reading “Executive Management Programme in IIT Delhi”
If you’re the CEO or entrepreneur of a business start-up, there will be a million and one things you have to consider and think about; lucky you. It’s a very stressful time in your life when you start a business, as for the first few years there is a lot of uncertainty and guess work. As well as the trillion other things that are going to be on your mind and making you lose sleep, you also need to be considering the legal side of your business. If you have a new business you should really get yourself a lawyer and here’s why. Continue reading “Got a Business? Get a Lawyer”
The pricing of goods by eCommerce retailers is becoming increasingly more competitive, thus forcing eCommerce retailers to make an extra effort to price their products right. Big online businesses, like Amazon, have the advantage over the smaller businesses, as they can lower their prices in order to try and drive the smaller retailers out of business. In order to survive, the smaller retailers have to develop a competitive pricing strategy for their products.
How does a small retailer go about competing with the biggest eCommerce retailers in the market today? Here are a few tips to improve pricing strategy: Continue reading “5 Ways to Develop a Competitive Product Pricing Strategy for eCommerce Retailers”
Cash Flow Statement as the name suggests is the summary of cash transactions of a company during the financial year. Cash Flow Statement, popularly known as CFS is a very important document in the hands of investors who want to know the changes in cash balances of the company year after year. The Profit & Loss Statement does not give a complete picture of financial wellbeing of a company because profits are not equivalent to cash. Profits are calculated using accrual principle where as for the investor eventually what matters is the liquidity position of the business. Continue reading “How to Read a Cash Flow Statement”
Screening potential employees for drug use is a common practice and required in some employment sectors, but it isn’t universally agreed upon. In fact, some opponents of drug testing believe that employers eliminate excellent potential employees based on the results of such screenings, even when there is not clear evidence that the individual would perform poorly in the workplace. On the other hand, however, drug use is illegal, making it appropriate to bar such applicants from employment, particularly in fields like healthcare or security.
With contrasting opinions, what path is right for your company? These 3 factors form the core of the drug screening debates. Continue reading “Should Your Company Screen For Drug Use?”
Running a business is hard enough without having to deal with difficult employees. But when you or your managers notice that one or more of your employees is having behavior issues, it’s important to put a stop to them before things go on for too long. Issues with employees can be detrimental for businesses if not taken care of quickly, especially if those issues affect the customers or relations between other employees. To help you handle these tough situations when they arise, here are three tips for dealing with employee behavior issues. Continue reading “3 Tips for Dealing With Employee Behavior Issues”
When it comes to business vehicles, these things can get a lot of wear and tear. They get driven a lot, often by many different people. That means they need a lot of care if you want to keep them working for you, and not have to regularly replace them.
Upkeep on vehicles can get expensive, especially on older vehicles, but it’s often a necessity. When it comes to work vehicles you want to make sure that they are safe to drive for everyone, and not a liability. You need to make sure, also, that your vehicles are insured to cover all possible drivers, and that you have licensed drivers behind the wheel. Continue reading “Keeping Your Business Vehicle On The Road And On The Go”
As a lawyer, you always want to be sure you’re making the right decision
for your career. For some, this means going out on their own and tackling the
reward of owning your own practice. While some lawyers prefer to start from
scratch, there are those who prefer to work with something existing. This is
why they make the decision to buy an attorney practice instead of create a
startup. If buying an attorney practice sounds like something right up your
alley, it’s very important you make the right choices. Take a look at the
following tips for buying an attorney practice. Continue reading “5 Tips for Buying an Attorney Practice”
Balance Sheet is a summary of what the firm owes and what the firm owns. It is divided into two parts i.e. Liabilities (owes) and Assets (owns). As per the present rule of representation Liabilities are called Sources of Funds and Assets are called Application of Funds. So, let us understand the meaning of these two titles carefully. Continue reading “How to Read a Balance Sheet”
There’s every chance that you’re reading this because you are looking for a new way to help to improve the worker’s compensation and health care costs that are happening in your business right now. That’s great! Improving the overall productivity and outcome of your business should be a key part of the overall growth and development of your company. After all, when your workers are more productive, they will create a better product with greater quality overall. Don’t believe us? Take a look further. After all, you might not be aware of how office ergonomics can improve your workplace overall – but you’re about to learn just how ergonomics can impact on your company. Let’s take a look now: Continue reading “How Office Ergonomics Can Impact Employee Well Being”
There are a lot of things you need in order to have a successful business. While many of these things can be learned in business school or with another type of formal education, there is one thing that is pivotal to a business’s success that can’t be taught—creativity.
Without creativity, businesses would never be able to improve upon their current way of functioning, create new and exciting products, streamline processes, and so many other things that contribute to having a productive and successful business. But if you’re still not convinced that you should begin nurturing a creative culture within your company, here are three more ways having a focus on creativity can help your business succeed. Continue reading “How Nurturing Creativity Can Help Your Business Succeed”
Ask anyone what the most important thing at work is and they might say having a positive work environment. I agree with this completely – with one small caveat. I totally value the importance of having a positive work environment, but would like to drill down a little further into this statement. Bear with me, if you will. Having a positive work environment is impacted by a couple of key things, and one of these is safety. Having a safe work environment makes people feel more secure about their workspace which in turn creates a better feeling in general. If you ever have had the displeasure of working in an environment where safety isn’t a focus, it’s likely you feel as though that management does not care about you and your wellbeing! Not very positive for morale… A safe workspace isn’t something that happens by chance – far from it. You need to take a very systematic approach to finding the best way to keep safe, and remaining focused on fixing any hazards or risks. Continue reading “Top 8 tips for creating a safer office”
More and more of the world’s enterprises are conducting themselves exclusively online. With that said, millions more remain brick and mortar bound. Choosing where in the world to place your business is contingent on several factors. This post breaks them down, ranging from which country to which building: Continue reading “Questions to Ask When Deciding Where to Start Your Business”
Most businesses do not think they need a lawyer unless they meet a particular legal challenge. But did you know the services of a business lawyer from the onset help younot meet some of these challenges in the first place? In most cases, business experts consider it too late to call a lawyer whenlegal problems have already set in.
Tothat end, it is highly advisable to take on the services of a lawyer conversant with business law. This can set the difference between you making it in your business or failing miserably. The help the business lawyer offers you will go a long way in helping you save on time and money. Here are reasons why you should engage these services: Continue reading “A business lawyer should be part of your team”
Although no one wants to have to plan for unexpected maintenance or repairs at their place of business, the reality is that things break, malfunction or need updating even at work. The difference between having maintenance or repairs done at home and having them done at work is that what would just be an inconvenience at home is now costing your company money at work due to lost business. However, there are some things you can do to help minimize the effects maintenance or repairs can have on your business’s functionality. To find out how, here are three tips to keep your business running as close to normally as possible in the midst of maintenance or repairs. Continue reading “3 Tips To Keep Your Business Functioning During Maintenance or Repairs”