Author Archive

20 Rainy Season Businesses You Can Start Now

Let’s take advantage of these seasonal needs and offer the appropriate business services. You will find below a list of 20 profitable rainy season business ideas. Cold Weather Apparels and Accessories: Starting a cold-weather apparel store can be a great option for those looking for a seasonal business. You can buy products in large quantities
Category: Business Management

Risk Management – A Case Study on the Consequences of Bad Risk Management

Introduction Risk in business is a reality. When these risks are successfully managed the rewards can be substantial. If not, a business can run into serious problems and even collapse. It is unnecessary (and stupid) to ignore risks. Over more than a decade we advised and assisted companies in growing and managing their businesses. Over
Category: Business Management

The Importance of Human Resources Management For Hotels

One of the most important departments of any hotel staff is human resources management. Proper human resources management can be the difference between a really well run hotel and a poorly one hotel. The human resources manager can control almost the whole feeling and presence of the entire hotel. This makes the importance of human
Category: Business Management

How To Evaluate A Business Idea For Developing An Enterprise

Why Do You Need A Business Plan? Planning is a process that never ends for all businesses. It is extremely important in the early stages of any venture when the entrepreneur will need to prepare a preliminary business plan. There are different types of plans that may be part of any business operation. These include
Category: Business Management

Small Business Idea for Bangladesh

Bangladesh is quickly growing as a small business center. There’s plenty of small and micro business opportunities. Setting up and running a business is full of challenges, but opportunities always welcome those who are ready to take challenges. Below is a list of manageable business ideas. 1. Grocery Store with Delivery Service: Something that saves
Category: Business Management

Key Success Factors For M & A Deals

Merger and Acquisition (M & A) is a strategic decision, enabling growth through the acquisition of new products, expansion into new territories and access to new strategic customers. Additional drivers may also include improving profitability, enhancing strategic capabilities and re-positioning the company. This explains the continued interest in M ​​& A. It is well reported
Category: Business Management

Management and Leadership Value Realization – Two Sides of the Same Coin

Picture two fires ablaze in your beloved community. Different individuals represent each building with equally good plans on how to stop the fire. One steps forward reminding the people that his historic site has a valuable legacy to all, while the other structure is merely an empty warehouse. He calls out with hands held high
Category: Business Management

The Importance of Accounting For Small Businesses

When starting your own small business one of the most important aspects to think about is the accounting process and how you choose to account all of your financial information. It is important to understand that the accounting of your business’s financial information needs to be accurate or else your business may not be as
Category: Business Management

Distribution Center Management Balanced Scorecard Approach

Distribution center management in fast paced business environment is a very challenging mission. If you work in retail business, every day is hectic because you have to handle thousands of stock keeping units and you have to respond to growing customer’s demand. Management of distribution center needs to maintain equilibrium between demand and supply. Because
Category: Business Management

Contingency Planning and Time Management

Time management is not simply about making the best use of your time here and now, and in the foreseeable future. It is also about planning to ensure that the unexpected does not leave you sitting on your hands waiting for someone else. It also means making sure that your time and efforts are not
Category: Business Management