There is a level of seasonality inherent in the sales potential of certain businesses. A major examples for this is the hospitality business. Holidays tend to attract a major chunk of the business’s revenue streams. This works at different degrees to most businesses. Be it E-commerce, retail or even the refurbishment industry; there would be…
There are certain nuances in businesses today that act as major factors when it comes to practical serviceability. Invoice factoring and Invoice discounting makeup an interesting context for differentiating business processes that work similarly but at the same time are vastly different from each other. The differences, however, are very important when it comes to…
Angry customers are a familiar template for customer service executives. Here are a few helpful tips to get over this persistent problem. Anger is a common emotion in customer service. Often expertly channelled by enterprising customers, a customer service professional has to constantly be on his/her toes in order to deal with it properly. There…
Dead Cat Bounce – A temporary recovery on a stock exchange, after a substantial fall. It does not imply a reversal of the downward trend, much like a dead cat bouncing off the ground would not come back to life. Please follow and like us:
At the very crux of any competent business strategy would be the ideal ways to control your company’s monetary flows. There should be systems in place that are already specialised and decently equipped to deal with cash flow management. This is because effective cash flow management strategies will augment your business in quite useful ways.…
Emerging businesses are wont to go through phases of financial struggle in their bid to achieve sustained success. Sailing through a crisis unscathed is what differentiates a successful business from failed ones. The process of getting through a crisis, however, requires a heavy concentration of focused skill and hard work. It requires intelligent decision making…
A financial crisis is not a reasonable entity. It can’t be rationalised with. There are no negotiation tactics available that can put a financial crisis to bed. Saving your business from debt would take a tremendous amount of effort. There just aren’t any soft answers when it comes down to a financial crisis. It is…
A Cash Flow Statement provides an overview of a company’s revenues and expenses. Cash flow statements are used to get an aggregate of a company’s revenue streams as well as expenses. Please follow and like us:
It is often forgotten that successful businesses are also well-organised communities. They spawn harmonious work cultures that are professionally prone to productivity. For growing businesses, this optimum is usually hard to achieve because of rigid business goals that infringe on asset cultivation. When growth is a priority, a very high ratio of supervisory commitment is…
The question of moving forward at a rapid rate is a critical one. Timing and an intelligent analysis of your business performance is key here. Here are the reasons why the element of speed will be critical for your business in the coming year. Please follow and like us:
