Showing posts with label Business Tips. Show all posts
Showing posts with label Business Tips. Show all posts

Monday, July 25, 2011

Business Planning Software

PlanHQ is a web based business plan tool that turns your static document and spreadsheet into a dynamic and up-to-date overview of where you’re going and how you’re tracking.

With PlanHQ, your business plan changes as your business changes, not just once or twice a year. Your whole team is actively involved in creating and actioning your plan and can align and prioritize all their work against company goals. This means that everyone is always working to plan and ensures you achieve your goals.

Thursday, July 21, 2011

Financing a Small Business

Often times Financing a Small Business can be the hardest, most time consuming activity that a Business Owner and/or a CFO do when running a business.  Needless to say it can be the most important element of growing a business, but one must be careful not to allow it to consume the business.  How do you achieve that?

First, write a solid Business Plan that has a well developed Strategic Plan which translates into very realistic and believable Financials.  Before you can finance a business, a project, an expansion or an acquisition, you must develop precisely what your Finance needs are.  This is only accomplished initially through a good Business Plan Process.  Please refer to my Article on Business Planning for more details on this area.

Money Management

Trading risk management are simply a set of principles you follow to keep your risk at a level with which you are comfortable. There are essentially four components to setting excellent trading risk management rules Let's look at each of them in turn.

Saturday, February 19, 2011

What is Letter of Credit


Letter of Credit
A Letter of Credit (LC) is one of the most widely used modes of settling payment between international buyers and sellers.

How to Start Export Business


Selection of Product
There are several ways to identify a product for exporting to overseas market. While selecting a product following points should be considered. The strength of the product should be identified; it can be a Unique Characteristic which is hard to match or find in the market where you want to export e.g Halloumi Cheese is meant to be Cyprus Origin, Basmati is meant to be Pakistan and India Origin, or it can be a competitive price. You must identify your product strength and then accordingly you will move ahead.