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On choosing business partner

On choosing business partner

  • By MohdNizam1
  • 24 Jul 2019
  • 0
Think about marriage. Chances are you don’t just go up to a random person on the street and ask them to marry you. If you did that, you would probably get slapped. You don’t just get married. More likely, you go on an endless search, a marathon search perhaps. You probably spend time learning about […]
If you can’t measure it, you can’t improve it.

If you can’t measure it, you can’t improve it.

  • By MohdNizam1
  • 30 Apr 2019
  • 0
It is often amazing that the lack of attention given Finance matters in some businesses by its owners. Accurate, well presented, logically ordered numbers tell a very clear story about a business. Here are the tips that will help you to improve your Finance department. 1. Manage your accounts using a recognized financial software package. […]
Make More Money

Make More Money

  • By MohdNizam1
  • 30 Apr 2019
  • 0
Your company has more money than you realize. You just don’t know where to find it yet. For that, you have to realize that a business is nothing more than a series of processes, and you need to improve little by little each process. Each of these business processes has key tasks that must be […]
Balanced Business and Personal Life

Balanced Business and Personal Life

  • By MohdNizam1
  • 30 Apr 2019
  • 0
Balance is such an interesting topic. Sometimes we feel like we have it, other times we don’t. And, when we don’t, we often feel guilty for what we feel we should be doing. Every person reading this has different situations going on in their lives. Some reading this have young children, some have grown children, […]
Reputation matters

Reputation matters

  • By MohdNizam1
  • 30 Apr 2019
  • 0
Arguably, the word ‘branding’ is the one of the most extensively used word in business world. I feel it is a very passionless word. Perhaps, the right word is ‘Reputation’. When you build a great Reputation, your customers will continue to do business with you and will refer you to others. They often ready to […]
Be the half of the battle (won)

Be the half of the battle (won)

  • By MohdNizam1
  • 30 Apr 2019
  • 0
Have you ever noticed how quickly most restaurants can get any number of dishes ready? It is rare for a restaurant to need more than ten to twenty minutes to prepare any given dish. The next time when you are in a restaurant, take a moment to ask yourself, how long it would take to […]
The best benchmark is your competitors Performance

The best benchmark is your competitors Performance

  • By MohdNizam1
  • 30 Apr 2019
  • 0
Many Business Owners compare their company each year’s performance with their last year’s performance, such as increased sales, higher productivity, larger profit, and so on. There are several problems with the using the past as critical benchmark. Firstly, it is an inward looking measure, rather than comparing with your competitors outside. Beating your own performance […]
Cash Flow is King

Cash Flow is King

  • By MohdNizam1
  • 30 Apr 2019
  • 0
‘Cash Flow Is King’ — I can’t remember where I first heard it, but I bet you’ve heard it too. If you run out of cash, that’s it, it’s over, no more business. In a simple language, debtors are the people who owe you money. Unless you are a bank, don’t act like one. If […]
Checklists

Checklists

  • By MohdNizam1
  • 21 Apr 2019
  • 0
Checklists can prevent mistakes in every type of business. You would be amazed how many problems are solved, how many things are done right, and how many customers stick around when your employees use a simple checklist to ensure consistent quality in service delivery. A well-placed checklist can save a great amount of money. Takeaway: […]
Fast Service

Fast Service

  • By MohdNizam1
  • 1 Mar 2019
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