Setting Up A Small Business – How To Set Product Price And Determine Finances...
You must set the price of your product or service by meticulously working out your manufacturing cost and after conducting a thorough market research as to how your competitors are pricing a similar...
View ArticleSetting Up A Small Business – Key Considerations When Obtaining Office Space...
Organizing the production and office space is one among the many tasks that are involved in setting up a small business. Obtaining the right office space and equipment, production facility and...
View ArticleSetting Up A Small Business – Establishing A Proper Record Keeping System...
Setting up a proper record keeping system is essential for the success of your business venture. It increases the chances of you staying in the business and earning profits. In addition, it allows you...
View ArticleSetting Up A Small Business – Effective Financial Management System Essential...
The financial management system encompasses the crucial activities of your business. You need to take some time and set it up properly so that it has a positive impact on the bottom line of your business.
View ArticleSetting Up A Small Business – How To Develop A Marketing Plan
It pays to review the marketing plan that you develop once every six months in terms of effectiveness and usefulness and bring about required revisions. The time you spend in developing your marketing...
View ArticleSetting Up A Small Business – Hiring Employees
Hiring the right people is key to the life-blood of your business. In the beginning hiring those who are capable of multitasking, they will become the core group of your staff and should get your...
View ArticleSetting Up A Small Business – Developing A Day-To-Day Managerial Plan
You may have experienced and efficient people in charge of each of the functions mentioned above, but you as the boss will have to coordinate the activities, through traditional realms of management,...
View ArticleRisk Management Strategies – Five Critical Steps Involved In The Process Of...
Risk management involves implementation of the five critical steps discussed in this article so that businesses achieve its objectives. As most businesses are constantly faced with the risk of meeting...
View ArticleRisk Management Strategies – Types Of Data Backup
A full backup is one of the risk management strategies that enables one to make a copy of all the files on the computer in one shot. A differential backup only stores the files that were modified since...
View ArticleRisk Management Strategies – Mozy Online Backup Service
Mozy provides advanced data security which includes encryption and password protection. However, it does not offer file sharing and syncing has to be done manually. Mozy is therefore a good option as...
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