Do you operate a big retail-chain or a small service business?
If so, you’ll already acknowledge how important regular cash flow is. Cash flow problems are often cited as the biggest reason why small, otherwise-profitable businesses, face problems.
So you need to get on top of it. Generating steady cash receipts is a key indicator of your success. If you … Read More
There are many ways to learn how to start deer hunting. Whether you learn how to hunt from your father, friend, a book, or online, the time to start hunting is right now so you can begin teaching others and start your own tradition. The following paragraphs will help to teach you how to start deer hunting.
Deer hunting … Read More
Why Do Businesses Need to Take Customer Service Seriously?
Most of us believe that our businesses exist for profit. Indeed, we do. But keeping this as a sole mindset may be detrimental to our enterprises in the long run.
We must understand that for our businesses to be able to sustainably exist for the long haul, we must endeavor … Read More
New-Customer Orientation – For two decades companies have slashed training budgets and hired employees who bring prior experience with them. It’s common for companies to invest very little in shaping and developing their own talent and creating career paths for employees. In many companies, new-employee orientation has been pared back to an employee benefits review. Job orientation is picked up … Read More
Most business organizations today are quickly adopting the use of custom ERP software solutions because as opposed to the common use of manual procedures and legacy applications, ERP programs are cost-effective and efficient. The Enterprise Resource Planning program is a system of integrated applications that are designed to automate different department/office operations (product planning, development, manufacturing, sales and marketing) to … Read More
How do firms choose their operating cycle? How do firms choose their cash conversion cycle? What is the impact of firm’s operating cycle on the size and periodicity of investments in receivables and inventories? How do seasonal and cyclical trends affect firm’s operating cycle, cash conversion cycle and investments in current assets? These strategic policy questions relate to optimal cash … Read More
