A financial Statement is a summary report of the financial activities and the position of a certain business, person, or other entity. The basic financial statements are aBalance Sheet, Income Statement, and Statement of changes in equity. How to prepare financial Statements Preparing general-purpose financial statements can be simple or complex depending on the size …
HOW TO PREPARE FINANCIAL STATEMENT FOR MY BUSINESS? Read More »
What is ERP? ERP stands for Enterprise Resource Planning. ERP system is a large-scale software program designed for modern businesses, both large and small. As the name suggests, ERP is all the tasks a business must do to manage and document its business operations. What is ERP Software? ERP software is any application that manages …
HOW CAN THE ERP SYSTEM MAKE IMPACT ON MY BUSINESS ? Read More »
Starting and maintaining a business is not an easy feat. Dedication, hard work, and a firm determination are necessary to achieve the success. No doubt mistakes will happen but the key thing is to persevere and learn from them. Here are some specific tips we have used in our own business journey. The Business Management …
Customer retention is one of the main focuses of the sales persons in any business. Your business CAN go too far by trying to keep in touch with your customers, too many phone calls, emails and letters can drive them away. A study conducted by Professor Andrea Godfrey and her coworkers at the University of …
Excessive Contact with Customers Can Actually Slay Your Deal Read More »
CRM is a major buzzword in today’s business world. Brands are rapidly adopting new CRM practices to meet the latest technology and social needs of the customers. Business owners and sales managers have heard they can significantly benefit from CRM, and yet many are still unfamiliar with CRM solutions. So what does CRM mean anyway …
