With President Trump recently withdrawing from the Paris Climate Agreement, the subject of sustainability has once again stepped out of the realm of good business practice to the sphere of international politics and an outraged press. Whatever your opinion on this matter, one’s thing for sure: all this chatter around sustainability will have businesses wondering if they’re doing enough to tackle the size of their environmental footprint. Continue reading “Is Your Business taking the Right Steps to Tackle Sustainability?”
Are you in full control of your business’s finances? The financial affairs of an organization are a huge concern for many business owners and the longer this problem persists, the worse it becomes. However, there are many ways you can take action and start to control the financial side of your business in a much more effective way, including the tips mentioned below. Continue reading “How to Control the Financial Side of Your Business”
Aspiring entrepreneurs are always on the lookout for innovative ways to transform their vision into a reality. The idea that germinates in one’s mind needs to be nurtured and nourished until it becomes a self-sustaining profitable system. The complex process of transforming an idea into a reality involves multiple steps, all within the ambit of confidence, diligence and actionable plans. Continue reading “Bringing Bold Business Ideas to Life”
One way for an industrial business to take the initiative on helping the environment is to plan for the most efficient and eco-friendly engineering systems. Gas separation and compression are used by a wide range of industries from aviation to electronics to mining. The purpose is often to isolate different elements such as nitrogen and oxygen. Continue reading “Adopting Forward Thinking Engineering Systems”
Creating systems is a really important way to enable growth within a business. Many people firstly think of improving leadership, skills and finance for growth and overlook building an organised and systematic approach to running the business. Continue reading “Enabling business growth through systems”
They say all you need is a great idea and the will to develop it. This, unfortunately, is the farthest thing from the truth. A great idea will get you nowhere and, most often, a professional team and months of work invested also don’t do the trick. Continue reading “What B2B Startups Need to Know About Business Continuity”
It takes time to build a successful business. In the beginning, you may begin as a sole trader, but as the business grows, there will come a point when you think about incorporating or forming an LLC. You don’t have to do this, but there are many good reasons to take this step, and if not now, then at some point in the future. Continue reading “Top 5 Reasons to Incorporate”
Your first year in business will be both one of your most exciting and stressful times of your life. Fortunately, things can go much more smoothly if you know how to brand your company correctly.
Here are some general guidelines to follow (and some common mistakes to avoid). Continue reading “Branding Do’s and Don’ts for New Business Owners”
Nowadays, the vast majority of businesses will have some form of IT requirement. You may have started off with just one or two PCs, but as your business grows, it’s likely your needs will become ever more complex, as you add more computers and setup a cloud or local server based network. With an increasing reliance on IT, you will need to make sure someone is on hand to manage, service your systems as well as provide IT support to your workforce. Continue reading “Outsourced IT vs In-House IT: A Small Business Guide”
In today’s job market, employers are finding it increasingly difficult to attract top talent because the competition is stiff. Typically, the big corporations have money to hire top-notch recruiting agencies that are in the business of advertising for and attracting the very best within a given industry. That is what they do and they are usually very good at it or they wouldn’t be in business long. So, what it is it that these recruiters advise companies to do in order to attract top talent? Here are six of the key benefits job seekers are attracted to. Continue reading “6 Key Benefits that Attract Top Talent”
As a small business, reducing your bottom line to let your profits flow is by far the most important thing. You can be making $10,000 in sales every week, but if your business costs $8,000 to maintain, it will be hard to sustain your business for long. Continue reading “7 Ways to Save Money As a Small Business You Probably Didn’t Know”
Many startups are gradually gaining prominence in this digital era, due to the innovative offerings and innovative business plans they are enabling. In this article we highlight some of the most innovative ones we found which started recently. Continue reading “10 Most Promising Start Ups to Follow in 2017”
Entrepreneurs launching their new business ventures face a challenging road ahead. There are many different aspects to cover that are essential to the success of the venture. Though there is much to be said for independent research, face to face communication has its benefits. Continue reading “5 Things To Remember When Starting A Business”
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”
If you’ve ever had the misfortune of working in a dull, drab and lifeless office space, you’ll be able to vouch for the fact that it’s not a particularly inspiring place to be. So, if you’re in the market for a new office for your business, you need to make sure it’s somewhere that fosters the right creative environment for your company. Continue reading “What to Look for in a New Office Space and Where to Find One”
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”
Being held in the breathtakingly beautiful campus of CEG, Anna University, Enantra is a colossal fest with six mega events and will be South India’s Biggest Entrepreneurship fest. The humongous footfall of over 600+ participating colleges and 800+ corporates will witness a phenomenal program that won’t fail to impart every bit of knowledge required by the vying groups of student entrepreneurs, developers, marketing gurus and any like-minded individual. This might well be a start-up’s tipping point. Continue reading “Enantra – The Fest for Entrepreneurs”
Why is it so hard to set up a successful startup within the healthcare profession? Despite the massive size of the healthcare sector, due to the ever-aging population and demand for improved care, startups within the sector seem to struggle breaking ground. It seems unclear as to why this is the case. It could be due to patients’ confidential data, the lack of healthcare professionals, or the sluggish growth of the industry. However, in recent years, startups have seen a glimmer of hope with more entrepreneurs breaking into the healthcare industry. That said, the industry is crammed with challenges for emerging startups. Continue reading “Why Healthcare is One of the Hardest Industries for Startups”
While rising debt levels and the return of 100% mortgages may be interpreted as portents for another global recession, neither of these are as concerning as the words of Wall Street trader Steve Eisman. Eisman, who shot to fame by short-selling supposedly A-rated mortgage securities after successfully forecasting the decline of America’s sub-prime housing market, has emerged as one of the most prominent day traders in the world and has recently predicted that Europe’s banks may be about to collapse and trigger a further period of sustained austerity. Continue reading “What Are the Best Resources for Learning About Day Trading?”
Starting a nonprofit organization is a commendable move. However, there are quite a few considerations you have to make in order to ensure you are getting started off on the right foot and that you have everything you need for a solid organization. Here are four major things you have to get in order before your business officially starts business.
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”
Some entrepreneurs start out hoping they’re on the way to becoming the next Richard Branson, dreaming of their future multibillion corporation and the private jet that will fly them one from one exotically-located meeting to the next. Others just want to escape the rat race with a small, family-friendly business that has enough customers to see it ticking over year by year and forming a comfortable retirement nest egg. Continue reading “3 practical steps for successfully expanding your business”
Big businesses are in business because they know how to handle money. If they didn’t, they wouldn’t have the kind of standing and worldwide recognition that they do. Business is a complex operation because there are a lot of working cogs that make the machine run. A business owner has to be sure that each cog is well oiled so that everything runs like clockwork. Continue reading “3 Reasons It’s Important Your Business Cuts Don’t Revolve Around Employees”
It was only just a few short years ago that medical marijuana was a highly controversial subject and only a handful of states had laws on the books protecting patients from prosecution if they had a doctor’s prescription. Now, more and more states are passing laws to legalize medical or recreational use of cannabis and as a result, some states are even beginning to realize a profit from the industry. So why would the cannabis industry need accountants and business administrators? Actually, if any industry did need professional help in terms of accounting and business operations it would be the cannabis industry for several very good reasons. Continue reading “Why the Cannabis Industry Needs Accountants and Business Administrators”
The task of setting up a new business office can be confusing and overwhelming. There are so many things to consider and it’s challenging to determine what needs to be done first. Combine this huge To Do list with signing a lease for your office space, hiring personnel along as well as purchasing office equipment and you can see why savvy business owners opt for serviced offices. Continue reading “3 Critical Considerations for Your New Business Office”
In the UK, some 7 million of the workforce are classified as disabled. This means a person with a physical or mental impairment that has a ‘substantial’ and ‘long-term’ effect on their ability to do normal daily activities. As an employer, you have an important responsibility to ensure all staff are carrying out their job to the best of their ability and some disabled employees need additional provisions if they are to perform their best. This can be anything from custom keypads to support furniture. Continue reading “Arranging travel for disabled staff”
If you are thinking every feature and the process remains the same when it comes to an acquisition, then you are wrong. But, the principle remains the same where two organizations/companies, having different owners, join hands to function together in order to achieve a common goal. There is no doubt that with an abundance of deal structures and the whole process of valuation, of a target company, being arduous, acquiring a business is more of an art as compared to science. Continue reading “Key Tips You Should Be Knowing About Successful Acquisition”
Up to a decade ago, most people believed in saving up to buy a house of their dreams. After most of the money for the house was collected, the shortfall would be met by borrowing from relatives or taking a housing loan from a bank. Today, however, the situation has reversed completely.
Real estate is extremely expensive in India today, and as gross incomes rise, more and more people are choosing to take home loans to fund the major part of the house purchase. Younger age groups, too, are opting to buy homes in their 20s so as to create a valuable asset for the future. Responding to the need for housing in the country’s metros, Tier II and III cities and upcoming towns, a multitude of Indian banks and financial institutions are offering home loans to suit customers’ needs. Continue reading “Housing loans: The longer the payback period, the better”
As an entrepreneur, it is a near certainty that you have already tried a sole proprietorship. According to the SBA, over 70% of US businesses are owned and operated by a sole proprietor. You’ve been there, done that, and learned about as much as you are going to learn from that format.
Now that you are ready to step up to the next level, you have some decisions to make. Perhaps you are on the fence about franchises. The potential is enticing. But there is the low-profit margin, lack of support from the mothership, and the stigma of being the second-rate experience compared to the corporate store.
But there is another side of the franchise story to consider. No one ever said that franchising would be easy. But if there were no rewards involved, no one would want to do it. Here are 3 reasons why you will want to give franchising a closer look: Continue reading “3 Reasons to Think ‘Franchise’ for Your Next Business Venture”