Every business owner should have knowledge of economics and the law of demand and supply, no matter how rudimentary it may be.In the study of economics, the law of demand and supply states that when demand of a product or commodity increases and the supply stays the same, then prices are expected to go up.In Read more
Franchising is one business alternative for any new entrepreneur.It is also a viable business strategy for an established business or company meant to generate an increased share of the market.A well-known business that has already instituted itself may decide to franchise some of its rights and business systems to a franchisee.This is done with the Read more
Getting a virtual assistant is fast becoming a trend in almost every business today.This is because many businesses have realized how effective this method can be.If you do need a helping hand,why not try hiring a virtual assistant? The advantages are given below: The following shows the benefits of a Virtual Assistant Encourage more output-this Read more
It is indeed a joyous time when you happen to be ready to sell your website. At the same time you would also be positioned with questions and some unknown variables that would be the deciding factors affecting the sale. You must have been working for years to build up your website and when you Read more
The term revenue means the income that a company receives from its normal business activities, usually from the sale of goods and services to the customers. Income which a company earns through dividends, interest or royalties amount paid by other companies is also called as revenue. Revenue may refer to the income earned through a Read more
In business studies,the concept of market structures is much more relevant to the revenue.As the business enterprises aims to have maximum revenues they have to has the complete knowledge of the market in which they are running their organizations. Market structure differes on the basis of the no of the firms or organizations operating in Read more