Wednesday, 12 November 2014

Effective Business Communication

Communication between peoples that performed for the commercial benefit of the organization, communication effectively is a valuable asset for all activities. It also refers how a company shares information to promote its product or services to potential consumers.

In business communication information communicates through different channels of communication like: internet, print, radio, television, outdoor and word of mouth. Effective communication is also precious in your personal life like promotion and professional reputation. For effective business communication, must have seven qualities:
  1. Correctness:  It is right level of language and correct use of grammar, spelling, punctuation etc. Accuracy in stating facts and figures. 
  2. Clarity: Clarity makes comprehension easier.
  3. Conciseness: Conciseness saves time.
  4. Completeness: Completeness brings the desired response.
  5. Consideration: Consideration means understanding of human nature.
  6. Concreteness: Concreteness reinforces confidence.
  7. Courtesy: Courtesy strengthens relation.
Effective communication is the lifeblood of an organization. It takes preparation, practice and persistence.

Tuesday, 4 November 2014

Business Process Flowchart

Flowchart is an effective way to present business processes, your marking stages or your overall business model. Flow chart help you communicate how processes work and figure out way to improve the process.
Flowcharts are designed to communicate complex tasks. It also helps managers identify how different departments in a company interact. Flowcharting is a useful tool if you want to improve your business efficiency and productivity.

A Flowchart is a step by step process and graphic design of multifaceted process. Various boxes are connected with arrows to each other and explains how a catering business.
The biggest benefit of flowchart is their ability to present large quantities of information on a single page.

You can create different types of flowcharts:

1: Cross-functional Flowchart
2: Cross-Functional Flowchart — Credit Approval Process
3: Deployment Flowchart - Trading Process Diagram
4: Opportunity flowchart — Order Processing
5: Swim Lane Process Mapping Diagram — Payroll Process
6: Cross-Functional Flow Chart — Trading Process Diagram
7: Cross-Functional Flow Chart — Document Flow

Tuesday, 14 October 2014

Entrepreneur and Businessman

An entrepreneur is a risk taker and finds business ideas, studies the market, identifies a consumer needs etc. Whereas a business man build up their business using a diverse skill set. A business owner starts his business from an existing idea but an entrepreneur starts his business his own ideas or concept.

Businessman known for making revenues whereas entrepreneur focused on creating value. A business owner work as a market player and entrepreneur as a market leader. An entrepreneur job also requires being able to allocate resources to set up operations.

A businessman stays with the more traditional way to doing business whereas an entrepreneur is innovative and revolutionary. Businessman hires people to increase business productivity.

Entrepreneur specializes in starting companies and selling them once they have become profitable. An expert manager can assist a small business in growing and becoming more efficient.

To simplify, the main focus for Business men is:
  • Administration of business
  • Search for truth, Short-term
  • Logical, Linear, Utility, Incremental
  • Features
  • Facts, Verbal, Measure
  • Minimal Risks, Predictable, Smaller Rewards
While, the main focus for Entrepreneurs is:
  • Invention of business
  • Search for what is interesting, Intuitive, Long-term
  • Holistic, Significance & Meaning, Leap forward
  • Benefit
  • Emotion, Visual thinking
  • Risk, Uncertainty, Potentially High Rewards

Friday, 25 July 2014

How We Intend To Grow Our Business

Planning in the first key of grow any business, its base on sensible to review current performance on a regular basis or identify the most likely the strategies for growth.
After you have reviewed your performance and identified the key growth that now you want to target. Now time for revisit your business plan and make it better to the next stage of your business. It’s more important of ongoing your business planning, what your business plan and what you include in this.

In your business also use target and implement your business planning.  As your plan resources are more effectively success business. A business plan can be used as a toolkit to identify where you are now and in direction you wish business to grow up.

To grow successfully our business as such, the most steps to business growth are:
  1.     Development visibility to generate new business leads.
  2.     Satisfy with your business current customers.
  3.     Increase your marketing shares in your market space.
  4.     Work with your new products and service opportunities.
  5.     As per time according Pursue market opportunities
  6.     Review your business planning as time to time.
Thank you so much for giving our time to this blog .I hope you like these tips. Have a great day.

Friday, 6 June 2014

Organization Management for Business

Organization management very important aspect for any business growth. Firstly decide company’s structure, ownership details, team management profiles and qualification etc.

Organization structure always designed according directorial chart and it includes flat structures, product and geographical-structured organizations. Always locate clear place to work and make sure you leave your desk clean at the end of working time. Work must be done according your planning process, means time management major step for business in org.

Detailed ownership information should be included into your business process. Name of owners, percentage ownership, position, management profiles, past record and number of years with company etc required in detailed folder. Look at your daily business operations and check employee’s work. Keep check business growth.

Sunday, 1 June 2014

PPT About me and my wife Susan Szepietowski

This is my first PPT on my blog, if you like and share this PPT then I will definitely shares a new PPT here. You can know here about me and my wife Susan Szepietowski. You can share your reviews with us by comments.
 


Friday, 30 May 2014

Successful Business Tips for your Business

Today I am sharing the some tips for successive business to you. These tips have always helped me in various businesses I started. It’s a great feeling to own a business but starting a business and facing the challenges in business start up is a hard thing. One must be aware of all the tips and tricks on starting the business and be prepared for all the issues that may arise. One must know how to handle and fix the issues. When starting a business all you nees is an idea, funds, resources and strong will power. One must be sure never to give up.. I hope you like and follow these recommended steps in your business.
  1. Get the funds, finding the investors might help you than spending all your money over the project.
  2. Hire the right guys for your business. Don’t give and keep interviewing until you find the right guy.
  3. Make a list of your short term and long term goals
  4. Plan on how to achieve those goals.
  5. Use the power of social media
  6. Know your customers and earn their trust
  7. Lean from your competitors
  8. Survey your customers/audience on how to make your product/services better
 I hope you like these tips. Have a great day.