Showing posts with label Cash flow. Show all posts
Showing posts with label Cash flow. Show all posts
Wednesday, 19 December 2012
The secret to success
There are literally thousands of business theory books on shelves worldwide, sprouting about the 4Ps, cash flow, budgets, distribution, human resources etc.... More often than not the real reason why there is success in any venture is the commitment and hard work. I am not saying that the other areas are not relevant as they definitely are, but having the commitment to see the idea through, showing strength and determination in terms of time and effort is the real secret to the success of a business.So combine that with working Smart in terms of being determined, focused and using the knowledge gained in text books should increase the chances of success. If you are thinking about setting up your business and you want inspiration, then read this.
Tuesday, 1 May 2012
Vericle Integration
A great article for Business students, whether it be at AS or A2 level. Businesses are always looking to cut costs in one shape or another. Cutting costs can be a short or long term plan. One of the ways is to merge with other companies and therefore cut costs and share the marketplace and expertise.
Delta Airways has just done this by buying a refinery, thereby providing themselves with stable priced fuel. It will cost in the short term but in the long term it should be a win win. Opportunity cost, investment appraisal, cash flow and many more key terms can be brought out of this article. A great example of strategy. Read article here.
Delta Airways has just done this by buying a refinery, thereby providing themselves with stable priced fuel. It will cost in the short term but in the long term it should be a win win. Opportunity cost, investment appraisal, cash flow and many more key terms can be brought out of this article. A great example of strategy. Read article here.
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