Business expansion may seem like an uphill task for small-scale business enterprises. But expansion is essential for a business; not just for growth but also for survival. No business has ever become a great business without growth and expansion, even if such growth...
In today’s business environment, no business can afford to remain complacent with its achievements of the past or its grand opening run. If a business has to survive in the long run, it must learn to grow with its environment – demographics, industry, technology,...
“Drive your business. Let not your business drive you.” ~ Benjamin Franklin. A business is a coming together of several functions, operations, activities, skills and resources to achieve certain desired goals and objectives. If all these functions and resources...
Operating costs refer to the expenses which a business enterprise has to incur to keep its operations up and running. Some of the examples of operating costs are office and stationery goods, traveling expenses, canteen expenses, electricity and telecommunication...
A business enterprise can achieve the pre-determined goals and objectives when its various functions like manufacturing, supply chain, marketing, HR, finance etc are successfully executed. And the successful execution of these functions depends on the efficiency,...
