Your business plan is vital in establishing the structure of your business, your goals and objectives, strategies, products and people. It is used to plan and manage your business, request financing or show it to potential investors. It has ten main parts and these are: 1. Cover and index It sounds a bit silly, but… Continue reading
Category: Business
Do you have to give your Facebook password to your employer?
With the rise of social networking sites, managers want to check Facebook profiles, Twitter accounts, and other publicly available websites to learn more about candidates and employees. Many Facebook users don’t have their profiles set to private, which would make them available only to select people or certain networks. There is a big difference between… Continue reading
How to run an auto mechanic business from home
It is very easy to earn money, especially for those who have the skills and knowledge. A basic skill that can make you more productive than you are now is the skill and knowledge of machines and automobiles. If you are skilled, have the training and knowledge for these things, then you may want to… Continue reading
7 steps to get a business loan
Before the blow of the Great Recession, it was much easier to obtain business loans. You must meet certain requirements before the lender can grant you the loan. Here are 7 steps you can take when applying for business loans. Keep reading. Develop a relationship with the lender Before you even need the loan, you… Continue reading
Wedding Photography Tips to Become a Good Wedding Photographer
We all love taking pictures of people and places around us. It is not that difficult, you just have to look at the camera and take a picture of what our eyes see. What the eyes see is what the image will look like. If you can earn extra money from it, it will be… Continue reading
Enterprise architecture and profit centers
Enterprise Architecture is about using architectural concepts in organizations. It is not only about design, but also about filling the organizational space with constructions; the various ways you have chosen to implement a functional need in order to fulfill a particular purpose. There are many functions in a company. A general function that is not… Continue reading
Leadership – Organic and Mechanistic Organizational Structures
McShane and Von Glinow define organizations as “groups of people who work interdependently towards some purpose” (McShane, Von Glinow, 2012, p.5). For these groups of people to successfully achieve their shared goals and purposes, there must be some level of strategic coordination between them that facilitates a degree of collaboration that is both efficient and… Continue reading
Private capital
Introduction Private equity is medium and long-term financing that is provided in exchange for an equity stake in unlisted companies with high potential growth. Private equity is not new – it has been around in various forms for nearly 25 years, including the Barbarians in the Gate-style hostile takeover of RJR Nabisco by Kohlberg Kravis… Continue reading
Time or money?
Unless you are one of the few people who has all the business you need, you are always working to generate new business. And to generate new business, an investment is almost always required. Most of us, when we think of investing, we think of investing money. The truth is that we have two types… Continue reading
Build Your Startup Business Infrastructure on a Budget
There are quite a few steps to take to build a business from scratch. This article assumes that you have already gained a basic understanding of these steps and are at a point where you have some funds and are ready to put the building blocks of your business in place. If you are not… Continue reading