Financial management business planning is a must for every individual – be it to run your day-to-day life or your business. When we say business, financial planning should be accorded top priority to weather uncertain times and also to survive times of recession. A proper business plan, a detailed research about your potential investors, having contingency plans in place in … Continue reading
Project management is the management of resources to complete a defined task in a specific period of time. The project manager is the person delegated the responsibility of managing the project. There exists a systematic approach to the art and science of project management. One needs good project managers to execute the whole project management. We will now look at … Continue reading
A project is any kind of activity that is associated with your business which has a clear beginning and end within a stipulated budget and time. Now the question is who will manage the projects? If the business is a one-man show, do you have the required skills to manage a project? If you are an entrepreneur, managing a group … Continue reading
Recently, one of my clients had asked me to hold on to my work for a couple of days. He wanted to make some changes to the work. He emailed me saying that he would let me know when to resume the work. For almost two weeks there was no mail from him. I decided to send him an email … Continue reading
-Source The Ideal Invoice Template Have you ever encountered a situation where your client has delayed your payments due to discrepancies in your invoice? If the answer is yes, then it is high time that you design a billing invoice that is easy to understand and has all the necessary details that are required by your clients. What is an … Continue reading
How do Freelancers get paid on time You are a freelance copywriter,web designer or IT consultant. You worked hard to deliver a great project on time and the client loved your work. You sent in the commercial invoice right away, but you have not received a payment yet. What do you do? Has this happened to you or some other … Continue reading
So you’ve been considering starting your own business. Are you’re the right person to be your own boss? Far too often, the only reason one doesn’t give entrepreneurship a try is fear. Building a dream into reality is exciting, challenging, time consuming, and frustrating. But at the end of the day, if you are a good at what you do, … Continue reading
When you extend credit to a customer you are assuming they will pay the amount owed in the agreed upon time, which is commonly 30 days. If payments do not arrive you should not hesitate to immediately follow up either via phone or email sending a reminder that payment is due. Late payment is likely caused by deliberately stalling or … Continue reading
Whether it be just for CRM, only website management, or all of your business processes; making the transition to a new piece of software is one that must be carefully thought out. Business owners and managers need to be aware of the potential problems they might encounter when unforeseen circumstances arise, and plan accordingly to assure their company’s success. You, as a … Continue reading
Proper time management of employees is important to any manager. Many times, a manager is compeltely unaware of where their subordinates’ time is spent, or what they are accomplishing! Needless to say, this is not good; managers need an easy method for employees to log the work they have completed, and then review this time track and judge whether it … Continue reading
