Category: Business

Modern management refers to a new way of running an organization. Instead of relying on private networks for data centers, it makes remote work painless, while bringing exciting benefits that reduce costs, increase security, and delight employees. Mobile Mentor has spearheaded the move to modern management with services that include assessment, implementation, and managed services. Learn more about the benefits of modern management and how it can improve your enterprise’s performance. And be sure to join our free webinar series on the topic! Modern management encompasses a variety of technologies…

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A profitable plan for business is more than just a set of goals. It also should be based on realistic numbers, such as the size of your potential customer base and the products and services you’ll offer. While saving $10,000 in chemicals each year may seem like a great idea, it would mean little if you’re competing with Du Pont or Monsanto. To achieve this, a business must be realistic about the size of its market, and then adjust its plan to reflect that reality. The market analysis should include…

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The sales and marketing coordinator’s responsibilities are broad and varied. They manage the sales and marketing department by analyzing data, developing and reviewing marketing materials, and planning meetings and trade shows. This role also manages the company’s graphic department, orders, and receipts, and proactively anticipates new marketing opportunities. This role also manages the company’s relationship with clients. In addition, the coordinator is responsible for developing and implementing new sales plans and advertising. A successful sales and marketing coordinator must have excellent communication skills. He or she must be able to…

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Your business is your job. It is your business to clean the kitchen sink today. It is your business to clean the bathroom floor after a shower today. It is your business – it is your job! But you are not doing your job as you should. You are not doing your job because you think it is your job. The truth is that, as a Business Owner and Entrepreneur, you must think that you have more important things to do in your business than to clean the sinks. It…

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A business is often defined as a legal entity or business entity established for the purpose of conducting commercial, corporate, or administrative activities. Businesses may be either for-profit enterprises or non-profitable ones. They can be public or private entities. A business can either be a sole proprietorship or a partnership. The most common types of businesses are: proprietary enterprises, for-profit and the term business. A proprietary enterprise is one in which profit is generated primarily from the exploitation of a natural resource, the production of which is not licensed to…

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A business is defined by the IRS as an entity or organization that conducts commercial, professional, or industrial activities for profit. Most businesses are either for-profit organizations or non-for-profit enterprises that conduct to meet a social purpose or further a humanitarian cause. Examples of a business are corporations, partnerships, joint ventures, and unincorporated associations. The sole purpose of a business is to make money. For-Profit Organizations: Under the laws of most states, for-profit businesses may include cooperatives, shops, stores, franchises, and other cooperatives. For-profit businesses have separate taxation from other…

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The first aim of a company is to maximizes profits for its stakeholders or owners while keeping ethical business practice in the process. Such economic value added means that there is often a high primary challenge for an organization to effectively balance the interests of various other external parties affected by the business. These may include employees, suppliers, investors, government officials and regulatory agencies. Thus, for any firm to remain competitive and survive long term in the marketplace, it has to find ways to address and minimize some of these…

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