Financial preparation is a critical part of any business expansion project. Talking about financial preparation, three aspects that come to the forefront are the financial liability that will arise from a new project, financial ability to execute the project and...
In order to start a business or to expand and embrace growth, every entrepreneur or a business enterprise at some point of time in its life cycle has to look out for investments from the outside. Self-funding is better but it’s a slightly rare phenomenon. Small...
Simply speaking, the price of a product or a service is its monetary value at which it is offered for sale in the market. The price of a product is arrived at after intensive deliberations and brainstorming based on data and information pertaining to various...
Association with a management consultant can help a business enterprise minimize the risks involved in the implementation of solutionsHiring management consultants is commonly considered as a practice restricted to big domestic companies or MNCs. However, that is not...
Organizing is the second critical function of management after planning. Through planning, a business enterprise defines its goals and objectives and lays down the detailed roadmap to achieve these goals and objectives. But that roadmap has to be actualized and...