Benefits of catching business stress indicators early
It is imperative to put in place strategies to spot stress factors ahead of the curve | Photo Credit: Getty Images Corporate stress, much like human stress, is inevitable. The…
Getting a grip on how to manage costs effectively
Standard costing methods help manage overheads, formulate estimations, and forecast future In a business environment driven by extreme volatility and uncertainty, it is important to monitor the costs of products…
Decoding compliance : How will it impact business?
Lack of awareness around compliance mandates leaves companies open to potential financial and reputational risks Compliance is an integral part of any business activity, even not-for-profit ones. It is estimated…
FSSAI asks online delivery platforms to display restaurants’ nutritional information
Restaurant chains need to display calorie counts and other nutritional information on menus from July 1 With restaurant chains mandated to display calorie count of dishes and other nutritional information…
Project planning can optimise costs and improve operations
The success or failure of any business is a function of effective execution of ideas The old business adage — money saved is money earned — could not have been…
Budgeting for businesses : An agile approach
As we enter a new financial year, zero-based budgeting can pave way for well-defined policy changes Planning is an essential tool for all businesses to provide direction, increase efficiency, reduce…
Understanding break-even analysis to build your business
It determines how much to produce and how to price a commodity, both important to get right for success. We ask entrepreneurs and business owners this question all the time:…
What start-ups need to know about grants
Securing the right grant that sparks innovation in venture building can help start-ups make the leap forward A phrase used the most to motivate entrepreneurs, generally attributed to Peter Drucker,…