Business

A sourcing strategy sets out your proposal for how you will go about procuring goods or services that meet a defined need of your organisation. It is a road map for how you intend to go to market in a way that is different to that used currently. The result […]

Most business owners probably already know that 20 percent of their product comprises 80 percent of their sales. Save time in the long run by discovering exactly which products or services are driving the business. Focus the majority of your energy on the important things and cut back on the […]

These small business bookkeeping tips will help you get your books up to date and keep them that way in less time. They’ll help you maintain financial control, and help you manage your working capital more effectively and securely. Before you contemplate recording any transactions in your ledgers, organize your […]

One of the toughest parts of embarking on an MLM business, is knowing how to make money in network marketing while you’re building that business. In the case of most MLM companies, you have to invest at least some money — and sometimes a fair amount of money — to […]

Looking for a solution to help you write business proposals contracts, RFPs or grant applications? There are three main types of proposal writing systems available on the market: Desktop software and template-based for PCs and Macs Monthly paid subscription web-based services Expensive enterprise class solutions The prices of the various […]

To make a Profit, the business needs to focus, not on breaking even, not on survival, but on business profitability – literally, the ‘ability’ of the business to aim at and produce a specific dollar amount of profit as a percentage of projected gross income. Only when this is the […]

People often ask what the difference is between the Expression of Interest, Request for Proposal and Request for Tender approaches to procurement of goods or services. These methods are ways that a company (quite often a public/ civil service or government body) requests offers or proposals for the provision of […]

Starting up a business is an exciting time, but writing a business plan can seem daunting initially. However, being able to write a good business plan is an essential skill to have for any entrepreneur or new business looking to increase their chance of survival. 1) Identify your audience. A […]