All About Business

In all business entity and organisations leadership is always playing big role  Because leader or you can say face of organisation is whole and sole responsible and have to make sure all the time that organisation doing right thing . Most important thing for a leader is to create vision and get everyone on the management team to believe ,be convinced and excited for that . Leader should establish values in organisation such as passion ,respect, integrity ,discipline  All.leaders great plans don't have any value if they are not expect so making it happen more important than developing new strategy . Leader must instill a sense of open mindedness in the organisation and encourage the team to explore new ideas .Leadership is all about change and involves risk . The team is very important to transforms the leaders ideas into action .People with different skills and abilities who will complement you and each other .and leader should have great diplomatic skills to keep team functioning

Dear All  So last day we knows little information of import export of course we will go in deep of course of same in later  Today we are taking little information of Ship brokering ,chartering and commercial activities . First of all there are two types of ships dry which is called bulk carriers  and wet  which is called as tankers . Bulk carriers and tankers later on also classified in different types but today we focused on commercial terms which is mostly common to handle . So generally all ships fixed on 4 basis  1) Bareboat Charterer:- Here ship owner giving ship on rent without manpower and anything .so all things include commercial technical will be managed by second party. 2) Time charter or Period Biz ( TC) :- Here owner keeps technical and Manning  with them and commercial management given to third party on daily fixed rate which is often called as per day hire rate and all fuel expenses on commercial operator  3) Voyage Charterer :- Voyage charterer applied when any ship mov

Dear All  First of all wishing you all very happy new year and as we all knows 2020 was dull and boring .But now 2021 we will expect more energetic and enthusiastic . Today I am writing about one of the favourite topic of my own and it's introduction of imports-exports .Many of us are related to import export directly or indirectly .May their company have different teams to handle same. Import means in simple language if we needed something and which is not available here in good quality or in price then we are bringing same from foreign countries that's called Imports .We are giving here our foreign country to other nations Exports means in if we are sending products to overseas then that's we are exporting .we are bringing here foreign currency in India . Now import export happens by 3 mode  Road / Air / Sea . By Road :- To neighbouring countries such as Bangladesh we are exporting by road mode  By Sea :- If we need to do in more bulk quantity ,huge demanding materials an

In current pandemic situation everyone is trying to revive their business by own way . First to understand for manufacturer mostly greater the market share then lower the cost of production ,lower price you can charge for customers .while in case of service providers you need to give quality service to exisiting clients .Market will flows to you organically and with mouth publicity ,your client starts doing marketing for you . Now for example Haldiram Everyone knows snacks company from India which is selling mind products from 5 RS packets to 10-20 RS packets because of effective distribution channels downside they have market captured totally and daily production includes all items around 7000 tonnes . So it's affordable for snacks company to work in lower cost like 2-3 Rs . Everyone is doing market research of their services or product lines but is it really officially documented by disciplined way .So this document must includes who/ where and how does buy . Marketing should be

After long time started writing again and extremely sorry that taken gap without telling .First of all as we previously also discussed have to understand 6 pillars of business which includes Sales,Marketing ,Accounts & Finance ,Human Resource ,Operations , Research and Development .Today we are about to focus in sales and it's overall management . Many time you have heared complaint from business owners and entrepreneurs that their is no sales in business ,no revenue ,business slowed down and overheads are much more etc. The main reason behind is long reliability on existing customer only for revenue and no competent team for sales to add new clients .  Each company having own set of procedures and in which they explained duties and responsibilities of Sales Manager .mostly includes  1. Genrate sales that essential to survival of company  2. Level of sales and target want to achieve daily ,weekly ,monthly and quarterly , annually . 3.Have to make sales plan ,project and organis

One of the task everyone has to faced as entrepreneur or businessman is taking new projects and handling same . Actually it's very vast topic but hereby I am trying to make it understand into 4 parts and importance of all. Project management divided into  1) Planning  2) Build Up 3) Implementation  4) Close out  Project management generally consist so many activities like draw up plan ,assemble the team , allocation of resources , scheduling of work ,watching the budget etc. 1) Planning :- Planning is essential important almost 80% startups failed because of lack in planning . Project planning gives scope of jobs ,idea of resources needed includes manpower as well as finance and root problem project solving.  In large corporations there is work break down structure of project along with dedicated person and timeline  2) Build Up :-    Building up of team which must have specific skills for project just for example you needed architect in team while building up one civil structure .