Typically, inventory types can be grouped into four categories: (1) raw materials, (2) works-in-process, (3) finished goods, and (4) maintenance, repair, and operations (MRO) goods.
Over the summer, the Edinburgh Festivals bring a wave of colour and soaring excitement to the city. Seven spectacular festivals proudly serve up the most incredible smorgasbord of culture you could ever imagine, filling the city’s performance venues.
Of all the famous European music festivals, the Glastonbury Festival has a special place. Held in Somerset, England, since the 1970s, the festival is a major part of the British culture. Major pop act performers in contemporary music among others
That’s the real power of LinkedIn for business: the ability to tap into existing connections and grow your brand through word-of-mouth. It’s also the top-rated social network for lead generation.
No matter what industry you’re in, money is the great unifier among small business owners. Whether you’re spending it, trying to keep track of it, or (hopefully) making it, money is always on your mind. And there are a few things every business owner needs.
The Unified Payment Interface (UPI) can be thought of like an email ID for your money. It will be an unique identifier that your bank uses to transfer money and make payments using the IMPS (Immediate Payments Service).
Trying to run a business without managing cash flow is like trying to paddle a boat without an oar. Even if you succeed, it will be an upstream exercise guaranteed to wear you out. Cash flow is important for all businesses, but it is critical for early startups.
Building the right culture within their team and setting strategic direction that’s aligned to that of the organisation is vital for a leader to ensure the success of their team. However as the research in a recent HBR article .
Most people are born creative. As children, we revel in imaginary play, ask outlandish questions, draw blobs and call them dinosaurs. But over time, because of socialization and formal education, a lot of us start to stifle those impulses.
Companies acquire fixed assets as long-term tangible property. These assets are used in daily business operations to generate income for the business. Often referred to as the ‘capital’ of the business, they include items such as machinery and plant equipment.
