Call it computer-aided facility management (CAFM), enterprise asset management (EAM), computerized maintenance management software (CMMS), or integrated workplace management systems (IWMS), when Information Technology comes to the rescue of something as tangible as facility management, you get a ‘facility management software’. Facility management is defined by the International Facility Management Association (IFMA) as a “profession that encompasses multiple disciplines to […]Read More
Business outsourcing is the new ‘in-thing’. And the trend is raging, catching up with small scale business ventures and startups.It’s like, whatever be your business need, a third person is always there! What’s surprising is the high demand, especially for outsourcing of accounting, HR and legal functions. While outsourcing of HR and legal functions may not raise eyebrows, accounts outsourcing […]Read More
You are running a successful startup or online business and an acquaintance walks up and asks you if your business is incorporated?You rattle on debating that incorporation of a company requires tons of paperwork and cash and that these outweigh the benefits of incorporation. That isn’t exactly true. This blog is not meant to advocate company incorporation but rather provides […]Read More
The first question that you should contemplate before rushing on to get your business incorporated is – have you done your homework?Getting a business incorporated is no biggie, but if you have not done your background research right, this ‘not-so-biggie’ issue will soon flourish into one big costly legal hassle. Most startups looking to get their business incorporated face trouble […]Read More
Start-ups are naive about their intellectual property (IP) requirements and tend to overlook possible IP infringements they may be making. What results? A fatal mix of litigation costs, product recalls, negative publicity and sometimes, a taste of prison! Listed here are the top five common (but completely avoidable) IP mistakes made by start-ups.
1. Missed Opportunities
Start-ups tend to miss […]Read More
Taxation issues are surely very “taxing”. The Auditing bug cannot be avoided and businesses might as well be prepared for it. Listed here are the most silly tax mistakes made by businesses, especially small business and SMEs, that they inadvertently fail to avoid.
Business heads are so engrossed in numbers: sales projections, profits, revenue, et […]Read More
Companies often avoid Human Resource consultancy firms, believing that searching and hiring employees on their own is monetarily more judicious. Why should a company pay 10-20% more to third parties only for hiring candidates? On first thought, it appears true. But take a ring side look and you’ll know that such a thought is actually deceptive.
Paying for HR consulting […]Read More
Let’s see what you have – a great product, competitive pricing and robust after-sales service. Despite these, is your startup turning out a failure? The first question one should ask at this juncture is – Does my startup have a brand? In the highly competitive global market of today, the importance of a powerful brand has never been greater. Branding […]Read More
Let’s face it. You are a startup and you need – MONEY. Investments of course! And what do you get when you set out pitching your dream company? Questions! Yes. Lots of questions from investors. Investors are smart and smell a successful company right at the outset. More than the company’s strategic placement, it’s the preparedness and zeal shown by […]Read More
If you thought corporate identity simply corresponds to a compelling tagline, a well-designed logo or a striking brand name, you are absolutely wrong.Great branding does not just end at these three branding stakes! The corporate or brand identity of a business defines how customers relate with and think about the brand. As part of their creative advertisingefforts, businesses need to […]Read More