WHY FINANCIAL ANALYSIS IS IMPORTANT FOR BUSINESS Financial analysis is an aspect of the overall business finance function that involves examining historical data to gain information about the current and future financial health of a company. Financial analysis can be applied in a wide variety of situations to give business […]
Business
FINANCE COMPANIES Commercial finance companies have in recent years become a favorable option for entrepreneurs seeking small business loans. These institutions generally charge higher interest rates than banks and credit unions, but they also are more likely to approve a loan request. Most loans obtained through finance companies are secured […]
THE EVOLVING CHARACTER OF FACILITY MANAGEMENT t Hu Facility management is defined as the coordination of the physical workplace with the people and work of an organization. It integrates the principle of business administration, architecture, and the behavioral and engineering sciences. In the most basic terms, facility management encompasses all […]
ELEMENTS OF COMPETITIVE ANALYSIS Competitive analysis is the practice of analyzing the competitive environment in which your business operates (or wishes to operate), including strengths and weaknesses of the business with which you compete, strengths and weaknesses of your own company, demographics and desires of marketplace customers, strategies that can […]
POSITIVE IMPLICATIONS OF CANNIBALIZATION Cannibalization is a phenomenon that results when a firm develops a new product or service that steals business or market share from one of its existing products and services. Thus one product may take sales from another offering in a product line. Although the idea of […]
BUSINESS EXPANSION AND RELATED ISSUES All successful small business startups eventually face the issue of handling business expansion or growth. Business expansion is a stage of a company’s life that is fraught with both opportunities and perils. On the other hand, business growth often carries with it a corresponding increase […]
THE CHANGING ROLES OF EMPLOYEES IN A BOUNDARYLESS ORGANIZATION The term “boundaryless” has come to describe a business organization of today and the future as well as its employees. A boundaryless organization is the opposite of bureaucracy with numerous barriers and divisions. In contrast, the organization without boundaries offers interaction […]
WHY “ANGEL” INVESTORS ARE GOOD FOR BUSINESS Angel investors are wealthy individuals who provide capital to help entrepreneurs and small businesses succeed. They are known a “angels’ because they often invest in risky, unproven business ventures for which other sources of funds – such as bank loans and formal venture […]
WHEN INDUSTRY ANALYSIS BECOMES A NECESSITY FOR SUCCESS Industry analysis is a tool that facilitates a company’s understanding of its position relative to other companies that produce similar products or services. Understanding the forces at work in the overall industry is an important component of the effective strategic planning. Industry […]
ELEMENTS OF EQUIPMENT LEASING CONTRACTS A lease is in essence an extended rental agreement wherein the owner of the equipment (the lessor) allows the user (the lessee) to operate or otherwise make use of the equipment in exchange for periodic lease payments. There are a number of reasons that companies, […]
