Category: Business
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The Unbelievable Talents of a Specialist Cleaning Company
It may not be immediately obvious to the budding entrepreneur, but founding a specialist cleaning company has the potential to pay handsome dividends. Tasked with providing a variety of cleaning services to a wide range of businesses and authorities, specialist cleaners will ensure a company’s premises is left free from unsightly grime or vandalism. Whether…
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The Different Roles that HR Play in an Organization
HR or Human Resources play a pivotal role in the functioning of the organization. They have multiple roles to carry out, which vary from organization to organization, depending upon the nature of the business, and the number of employees. However, it has been found that most startups or small scale businesses are clueless about the…
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Trade Barriers
Trade barriers refer to the government policies and measures which obstruct the free flow of goods and services across national borders. Trade barriers are imposed on exports and imports. Trade barriers are man made obstacles on the free movement of goods in between different countries of the world. Trade barriers are artificial restrictions imposed on…
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How a Business-Cooperative Can Benefit Your Company
A cooperative is a group people or business who equally share ownership and act together for the benefit of the whole. Cooperatives are often united by common beliefs or moral values. They can be one of three types: 1. Consumer cooperatives, which are companies that are owned by their customers. 2. Worker cooperatives, which are…
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Top 10 Android Mobile Accounting Apps for Small Businesses
Take advantage of your mobile devices for running your small business. If you own a smartphone or tablet, know that these devices can readily help you with your accounting needs. Listed below are the best android accounting apps you can use: Mint This app offers useful tools for entrepreneurs that own startups. It allows you…
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How to Pack Your Parcels and Avoid Damage During Transit
Before you pass your parcel over to any courier or removal firm you have to pack it. If you don’t pack it carefully it could be seriously damaged during transit, resulted in disappointment, expense and long insurance claims. You can avoid all this by ensuring you take the time to pack your goods in a…
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Initial Public Offer (IPO)
When a company makes public issue of shares for the first time, it is called Initial Public Offer. The securities are sold through the issue of prospectus to successful applicants on the basis of their demand. The company has to appoint underwriters in order to guarantee the minimum subscription. An underwriter is generally an investment…
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Factors Affecting Foreign Exchange Rates
Foreign Exchange rates are influenced by several factors in the international market. All tangible factors that is, those which represent quantifiable commercial and personal transactions are captured in the Balance of Payments Account and the net disequilibrium in the BOP represents the single most important demand-supply element affecting an exchange rate. However, 90% of the…
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Quick Tips for Hosting a Successful Awards Night
Award ceremonies can be great for business. They provide you with the perfect opportunity to say thanks to the people who make your company what it is, your employees. It’s a brilliant way to bring everyone in the company together and motivate your workers by praising their successes. Planning such an event can be stressful…
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VOSTRO Accounts
Demand deposit account, denominated in domestic currency maintained by overseas banks with domestic banks are called as VOSTRO Accounts. VOSTRO Means “Your Account with Us”. Example: Any overseas bank like Bridge Bank has a INR account with Bank of Baroda, India then such account is called as VOSTRO Account.
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NOSTRO Accounts
Demand deposit account, denominated in foreign currency maintained by domestic banks with overseas banks are called as NOSTRO Accounts. NOSTRO Means “Our Account with You”. Example: Any domestic bank like Bank of India has a US Dollar account with ICICI Bank then such account is called as NOSTRO Account.
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Understanding the Strengths of Online Marketing
If for some reason, your small business isn’t doing any e-marketing yet, you’re definitely missing out. Businesses are jumping in on online marketing opportunities these days for a reason. There are countless advantages to doing online marketing, regardless of whatever kind of business you are running. Here are ten reasons why you should definitely be…