newenterpriseinformation.blogspot.com
newenterpriseinformation: April 2010
http://newenterpriseinformation.blogspot.com/2010_04_01_archive.html
Resources to successfully start your journey to entrepreneurship. Tuesday, April 27, 2010. Would you consider an international market in your business? As an upcoming entrepreneur, I was confronted with the question, “if there were a market for it, would you consider entering an international market for a product or service that you offer? Advantages of International Marketing. Access to inputs: Operating internationally may enable the firm to source raw materials or labor at lower prices or higher place.
newenterpriseinformation.blogspot.com
newenterpriseinformation: Bootstrap Your Way into Business
http://newenterpriseinformation.blogspot.com/2010/06/bootstrap-your-way-into-business.html
Resources to successfully start your journey to entrepreneurship. Wednesday, June 30, 2010. Bootstrap Your Way into Business. 8226; Demonstrates the entrepreneur's commitment and determination. 8226; Keeps the company focused. 8226; Allows the business concept to mature more into a product or service. 8226; Gives the concept a chance to be investigated by the market. 8226; Cash from savings. 8226; Borrowing against assets, such as your home. 8226; The careful use of selected credit cards. These are some ...
hannahugboh.blogspot.com
Hannah's ME Blog: June 2010
http://hannahugboh.blogspot.com/2010_06_01_archive.html
Monday, June 7, 2010. Do I have enough cash to run my business? Cash is king' is a phrase often used in business because cash is the item that keeps a business 'alive.' Even an otherwise profitable business cannot continue without cash and may be forced to liquidate or go into bankruptcy. In the current economic climate of credit squeeze, cash is an even hotter commodity. Statement of Cash Flow. Liquidity ratios to indicate the cash health of the business. And the Quick ratio is. A general rule of thumb ...
hannahugboh.blogspot.com
Hannah's ME Blog: September 2010
http://hannahugboh.blogspot.com/2010_09_01_archive.html
Wednesday, September 1, 2010. The Pros and Cons of doing business entirely online without a physical storefront or presence. The Internet marketplace has seen accelerated growth with rapidly evolving e-commerce technology. The availability of several low cost marketing and advertising resources like the social and professional networking sites has no doubt changed the way we live, interact and shop. It has therefore opened up more opportunities for doing business on the Internet. On the flip side, the ve...
hannahugboh.blogspot.com
Hannah's ME Blog: July 2010
http://hannahugboh.blogspot.com/2010_07_01_archive.html
Friday, July 9, 2010. Internal Control in Small Business. Internal Control in Small Business. Even a relatively small business can enforce certain internal controls that are very effective. The moment a business owner begins to delegate some of the duties in running the business in the natural course of growth the need for internal control arises. Controls to assist in achieving the businesses objectives - Controls here used include; appropriate staff supervision, checks to ensure staff have essential qu...
hannahugboh.blogspot.com
Hannah's ME Blog: August 2010
http://hannahugboh.blogspot.com/2010_08_01_archive.html
Thursday, August 26, 2010. Just-In Time (JIT) Inventory Management. Just In Time (JIT) has been referred to as an inventory control system in which inventory is purchased only as needed to meet actual customer demand. It is said to be a demand-driven inventory system designed to reduce inventory carrying costs to the lowest possible working levels. In practice, JIT is more of a holistic management system aimed at reducing waste, maximizing cost efficiency, and securing a competitive advantage. It is obvi...
hannahugboh.blogspot.com
Hannah's ME Blog: Advantages and disadvantages of buying a business as opposed to starting one from scratch.
http://hannahugboh.blogspot.com/2010/09/advantages-and-disadvantages-of-buying.html
Wednesday, September 1, 2010. Advantages and disadvantages of buying a business as opposed to starting one from scratch. The pros and cons of buying a business as opposed to starting one from the scratch depends very much on the state of the business being purchased. At the back of our minds should be the fact that, depending on the condition of the business, every advantage could actually constitute a disadvantage. We will touch on some of the most important points. A market for the product or service w...
newenterpriseinformation.blogspot.com
newenterpriseinformation: June 2010
http://newenterpriseinformation.blogspot.com/2010_06_01_archive.html
Resources to successfully start your journey to entrepreneurship. Wednesday, June 30, 2010. Basic Guide to Understanding Cash Flow. The Components of Cash Flow. Operating cash flow (working capital) is the cash flow generated from internal operations. It comes from sales of the product or service of your business. Good cash management involves:. 1 Knowing when, where, and how your cash needs will occur. 2 Knowing the best sources for meeting additional cash needs. The starting point for good cash flow ma...
