Business Improver: Forex Trade

In today’s world, growing businesses find themselves looking for ways to improve their profits through much more efficient methods. An option that seems to be a great alternative is Forex trading. This helps such businesses to work with the different types of currencies that best fits their needs regarding crucial aspects of their business, such as expansion into foreign markets.

The other most reliable alternative is to reinvest capital in order to gain more liquid currencies profits that would goon to areas like market research or any other internal operations that require capital when traded back or to make outside purchases. In this manner, the financial position of a business can see dramatic increases by utilising forex and CFDs from different trading platforms. Continue reading “Business Improver: Forex Trade” →

Pricing Mechanisms and Strategies

Pricing [1,2,3,4] becomes, more often than not, a major challenge for marketers, as one of the key decision point for marketing any product or service. A major point of deliberation is what approach for pricing is suitable for a particular product or service. The infographic provided adds insight on the different approaches for pricing. Continue reading “Pricing Mechanisms and Strategies” →

Academic Jobs: Pay vs Effort in terms of Hours

Faculty members often crib that their pay is not sufficiently great as compared to the effort they put in. Others outside the teaching fraternity seldom agree. A recent test / analysis done across different economies highlight the time spent by faculty members versus the pay received by them, after adjustments of purchasing power parity. Continue reading “Academic Jobs: Pay vs Effort in terms of Hours” →

Money and the ‘Generation Gap’

Money and the ‘Generation Gap’ – Prof Parimal Merchant, Principal Advisor-Asian Institute of Family Managed Business (AIFMB)

A young man, not very interested in the ‘boring, traditional’ family business, decided to strike out on his own and take up a job in a trendy tech company. Now his reasoning was that he would earn only around 25 thousand here, but at least he would be part of a trendy corporate culture, and hang out with the ‘cool’ crowd. So he started work, and with the first salary he got, decided to take his entire family out to dinner. His father had painstakingly built up the family business, and had been dreaming of passing it on to his son, dreams which were now dashed. Nevertheless, he put on a smile and went along, seeing how proud his son was to be taking out his family for a treat, with money that he and he alone had earned. Continue reading “Money and the ‘Generation Gap’” →

Before Racing From Engineering to Management

Ever wondered why MBA is a natural choice for most engineering graduates in India?

Well, each of them might have their individual rationale to pursue management education as their post graduate qualification but the overarching truth is awfully simple. In India it is believed that on an average, a MBA degree double your value in the job market. How and why is neither known nor desired to be known. Coaching institutes don’t talk about it, parents often don’t get into it and b-schools don’t speak about it. Yet the magic wand is supposed to work and double your likely CTC soon after you graduate. Continue reading “Before Racing From Engineering to Management” →

Are You Ready For a Computer Disaster?

No one is ready for a computer disaster. We all know that it can happen. We may even have some idea about what we would do if and when it does. But in the same way that no one is truly ready for the death of a loved one, no one is truly ready for a computer disaster.

It can be a rather emotional and disruptive event. As a sole proprietor, your small business is wholly dependent on the productivity you get from your main computer. All of your client details are in that computer, as are your business transactions, receipts, tax information, accounts payable and receivable, etc…

Continue reading “Are You Ready For a Computer Disaster?” →

Accounting for Startups

Successful entrepreneurs are good strategists. They have foresight to spot future trends. They have insights to commercialize and execute ideas. But most entrepreneurs might have little or no exposure to system of accounting their business transactions. Growing number of technology start-ups are ideated by technical specialists with expertise in their area of interest. The big questions are – is there a serious need for them to know the importance of accounting at the start-up stage? Does lack of accounting exposure affect the way business decisions are made in a newly established innovative venture? How can knowledge of accounting make difference to the management of start-ups? Continue reading “Accounting for Startups” →

IT Analytics Market poised for Growth to 9.2 Bn USD in 2020 (Sample Report Available)

Zion Research has published a new technical industry analysis article titled “Information Technology Operations Analytics Market by Software Solution. Focus of this report is on Visual Analytics, Artificial Intelligence, Machine  Learning, Predictive Analytics, User Behavior Analytics, Precinct Analytics and Root Cause Analytics, for Real-Time Log Management, Application Performance Management, Infrastructure Management, Network and Security Management and Others Applications. According to this technical analysis, the global demand for IT Analytics, which was earlier valued at 2.5 billion USD in 2014, is expected to grow to a volume of 9.2 billion USD in 2020. This means a CAGR  growth of 23.7% between 2015 and 2020 for the industry, which promises to provide great dividends to the domain experts of analytics. Continue reading “IT Analytics Market poised for Growth to 9.2 Bn USD in 2020 (Sample Report Available)” →

Massive 7.1 Earthquake rocks New Delhi and North India

Massive earthquake in Delhi NCR region: A very strong over 7.1 Richter Scale magnitude earthquake has rocked northern India and the National Capital Region, including major cities like Chandigarh and Srinagar. The tremors continued for at least 5 minutes — the initial tremor felt was at 4.01 pm, though it started in its origins at 3.59pm on 10th April 2016  at the Hindukush mountain range. Hope all our readers and their families are safe and sound.