Monday, November 24, 2008

How to Find A Good Accountant

The services of a good accountant can be invaluable to your small business. He or she will help you navigate the maze of tax laws and provide the financial advice you need to manage and grow your business.

While we tend to associate accountants with taxes, keeping you abreast of tax changes and doing your taxes are not the only services a good accountant provides.

Whether you're wondering whether or not to incorporate your business or trying to decide if you should buy or lease a company vehicle, a good accountant will be able to tell you how such a move would affect your taxes and/or your business's growth. If you don't have an accountant working for your business, you need one! But how do you go about finding a good accountant?

1) Ask other business people about their accountants.

Find out who they use and how satisfied they are with the services their accountant provides. If you don't or can't get any worthy referrals using this method, use the phone book and choose several accounting firms. When you call, tell the receptionist what you do and ask for the name(s) of accountants familiar with your type of business. Use this information to create a shortlist of prospective accountants.

2) Call the four or five accountants you've selected and ask to discuss their services.

Ask him or her about his education (such as whether he's a CA or CGA), about his experience with your industry, and about his fees. Use this first contact information to choose two or three accountants to interview.

3) Prepare a short list of questions you want to ask prospective accountants.

It's important that you choose an accountant that is familiar with the special requirements of your business and/or your tax situation, so you can use these to vet potential accountants. For example:

  • If your business is Internet related, you'll want to find out if the accountant is familiar with the language of e-commerce.
  • If your business involves periods of work in the U.S., you need an accountant that's knowledgeable about the IRS and has experience completing U.S. tax forms.
  • If you're thinking about exporting, ask how the accountant might help you develop an export strategy.

I always ask a question about their phone call and/or email policy. It's important that your accountant is easy to contact when you have a question. How accessible is he or she and how do they bill phone call or email advice?

4) Meet with the prospective accountant(s) you've chosen, and ask your questions.

There's nothing like a face-to-face meeting for gauging how well you might work with another person. Besides assessing the accountant's knowledge, see how comfortable you are with him or her and how well the two of you communicate with each other. When you choose an accountant for your business, you're going to be establishing a long term relationship, so feeling comfortable with him or her is important.

After all, an accountant isn't just a tax preparer; he or she can help you build a blueprint for the future of your business.

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Basic Email Management

Checking email, reading email and answering email can take up hours of time if you let it. But only if you let it.

Is your email killing your productivity? Then it's time for some basic email management. Here are four simple email management rules to help you keep control of your inbox:

1) Let your email program manage your email as much as possible.
Email management starts with setting up and using filters. If you're using an email program such as Outlook, you can configure email rules to send your spam directly to the trash - meaning that you don't waste your time reading and deleting it.

2) Do not check your email on demand.
You don't need to see every piece of email the second it arrives. If you're using an email program that announces the arrival of new email, turn off the program's announcement features, such as making a sound or having a pop-up screen announce the arrival of email. Checking email on demand can seriously interfere with whatever other tasks you're trying to accomplish because most people will read email when they check it.

3) Don't read and answer your email all day long.
You may get anywhere from a handful to hundreds of emails each day that need to be answered, but they don't need to be answered immediately, interrupting whatever else you're doing. Instead, set aside a particular time each day to review and answer your email. Schedule the hour or whatever time it takes you to answer the volume of email you get, and stick to that schedule as regularly as possible.

4) Don't answer your email at your most productive time of day.
For me, (and for many others, I suspect), my most productive work time is the morning. If I start my work day by answering my email, I lose the time that I'm at my most creative. If I'm writing a piece, for instance, it takes me twice as long to compose it in the afternoon or evening than it would in the morning, when I feel fresh and alert.

Answering email, on the other hand, isn't usually a task that calls for a great deal of creativity. So by ignoring my email until the late afternoon, and answering it then, I get the dual benefit of saving my most productive time for other more demanding tasks, and not continually interrupting whatever other tasks I'm trying to accomplish.

What time of day is your most productive? Scheduling less demanding tasks such as checking, reading and answering email outside of your "best" working time will help you make the most of your working day - and that's good email management.

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Decrease Your Income Tax Bite With Income Splitting

Is your business going to make too much money this year? Then now's the time you should be planning ahead to lessen your income tax bite by splitting your business income within your family.

The basic theory behind income splitting is simple. You will pay less tax if you make less money because of the sliding tax rates. Income splitting is the transfer of income from a person in a higher income tax bracket to a person in a lower income tax bracket. As a business, you can decrease your actual income by hiring your spouse and/or children as employees, and passing along some of your business income to them in the form of salary or wages.

Suppose, for instance, your business' net income is $75,000. But your spouse has been working in the business all that year, and you paid him a salary of $30,000. Your net income drops to $45,000, a considerable tax savings for you. And, because your spouse's income of $30,000 is taxed at an even lower income tax rate, you get, in effect, a double tax savings.

And income tax savings are not the only benefits to this tax strategy. Because your spouse now has an income, he or she will be contributing to the CPP and able to contribute to an RRSP, helping you both build a more comfortable retirement.

So what are the catches to income splitting? First, your spouse has to actually work for the business. That means he or she has to have designated duties that he or she carries out, just like any other employee. And as the employer, you have to keep and maintain the requisite employee records. Just saying that your spouse worked for you last year and picking a number you like out of the air is not enough.

Secondly, as the employer, you have to pay your spouse a salary or wage commensurate with the salary or wage you would pay anyone else to do the same job. You can't pay him or her $70,000 to do basic office tasks, such as filing and answering the phones, for example. If your spouse is working for you as an office assistant, you need to pay him or her a rate equal to what other office assistants make.

Keeping employee records and paying your spouse an appropriate wage or salary is a small price to pay, however, for such powerful income tax benefits. If your spouse or child isn't already an employee of yours, maybe it's time to think seriously about what he or she could do for your business.

You can find out more about how to put the power of income splitting to work for you by talking to your accountant.

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Base Your Advertising On The Benefits

If you're the only product/service provider in a consumer's time of need, you may get a sale based on that even if you haven't established firm trust.

How can you set this up this kind of advertising? It depends on your business. But I'll give some examples of advertising based on benefits.

An appliance dealer can give/send magnetic advertising specialties for people to put on their appliances. To supplement this, the dealer can establish a program of getting information about the specifications people will want/need in a replacement appliance, such as measurements, capacity, gas/electric, color, etc. Then when an appliance breaks down, the customer can call for a price quote without having to supply the necessary information. (During a stressful time, people aren't apt to want to hassle with this information; they just want a solution NOW!)

I still have a business card for a lock-out service in my wallet. I got it at a gas station. I never met the owner of the service but if my keys are locked in my car on a cold winter day, it doesn't matter that I haven't met him, I'll call him.

We know that people tend to hate advertising.

The whole truth is that people hate advertising that intrudes on them without giving them a benefit.

Entertainment is a benefit; it may not induce anybody to buy the advertised product but it may get them to pay attention to the ad. Since people are more cure oriented than prevention oriented, it's necessary to fully describe the undesirable effect.

This is something an appliance dealer can use but can be adapted for other businesses. "Did this ever happen to you or to somebody you know? The freezer breaks down and all of the food in it (possibly $200 worth) is going to spoil if it isn't put into a new freezer SOON! Now besides all of the other things you have to do, you have to buy a freezer NOW! Pre-shopping for a freezer will limit the hassle you go through at a stressful time like this. We can deliver the new freezer right away and take away the old one."

Then it's just a matter of introducing what I wrote above. Just think, "Why or when would a consumer want my marketing message?" Then base the marketing message on the answer.

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Get The Best Business Cards

Every business person needs to have business cards. They're a fast and convenient way to give a prospective client or customer your contact information and basic marketing message.

It's important to get the best quality business card that you can afford. Pay attention to the quality of the paper and the printing as well as the design. People are impressed by these things, and will judge you and how well or poorly you might treat them by the quality of the business card you hand out.

Your business card represents you. Don't spoil the good impression you've made in person by handing someone a home-made card printed on your home printer (unless you have the kind of expensive printer that can produce the same quality business cards as the local print shop).

Otherwise, you should always have your business cards professionally printed. You don't want to give prospective clients or customers the idea that your products and/or services are second rate.

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Define Your Customer Before Marketing

Don't make the mistake of marketing your product or service before you've defined your customer or client. If you do, you're just throwing your marketing money away.

Marketing isn't just a matter of placing ads. It's a method of attracting new business. Before you can hope to achieve this, you have to know exactly who you want to target with your marketing. You need to know your target market before you can reach them.

What's the point, for instance, in buying an advertising spot on TV if you're trying to sell whitewater rafting adventures? Are these sorts of people really going to be sitting in front of the tube?

Define your customer by getting to know everything you possibly can about him or her. Think carefully about your product or service. Exactly who would want to purchase it? How old is this person? What is her marital status? Where does she live? How does she like to spend her spare time? What are her hobbies? What other products does she buy? Where does she go on vacation?

You need to develop your target market as specifically as possible if you're going to market your product or service effectively. So think of your "ideal" client or customer as a person. Visualize him or her in detail. "See" what he or she does, thinks, and wants.

If you can't visualize this person clearly and distinctly, then you need to research your potential customer or client until you can. Because until you can define your target market, you won't be able to make the decisions that need to be made about marketing, such as how, where, and when to advertise.

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Customized Marketing

During my years as a marketing and service consultant, I learned that you have to give before you receive and that's what customized marketing is all about.

This is a simple rule and you might say, "Why, we are business persons! We are pragmatic and go straight to the point! We mail our price list or our delivery schedule to prospective customers or clients."

But that's not enough. Instead of just giving the customer the same thing that every other customer is given, why not write a small report describing what you can do for the other company and how you will do it?

Customized marketing does not mean giving away all your secrets, contacts or giving the solutions for free. It means giving your prospective customers the information they need to do business with you, and will only give you an edge over your competitors. This kind of directed, specific marketing might take a few hours of your time but you will certainly win or keep a new customer.

Remember the following:

1. 80% of your business comes from 20% of your customers;

2. Finding a new customer is harder than keeping the ones you have.

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Make Your Business Card a Marketing Vehicle

Business cards are a valuable promotion tool. No business person could live without the convenience of having a business card to hand to prospective clients or customers. Handing out a business card is so much easier than writing out all your contact information for a person you've just met.

But most business cards only do half the marketing job. Think about what you do with the business cards people give you. If you're like me, they go into a pile in a drawer. If you're more organized, maybe they go into a card file. In either case, the business cards just sit there, out of view, and probably out of mind. What a waste!

Why not turn your business card into a marketing vehicle by making your business card visible? Instead of the traditional business card, get your contact information printed on something that people might leave in plain sight; something that will remind them of you and your services or products whenever they look at it.

You can get information printed on just about anything now. What about using something like fridge magnets instead of the standard business card? What do people do with fridge magnets? Put them on their refrigerator in their kitchen - a place the family frequents, where they'll see your contact information (and marketing message) countless times a day!

Message pads, coasters, mouse pads - your choice of business card marketing vehicle is limited only by your imagination. My cat's veterinarian hands out palm-sized calendars with magnetic backing as business cards, something that most people are guaranteed to hang up in plain view.

Remember, most business cards just sit in a drawer, doing nothing until or unless someone bothers to dig them out. And if there's nothing to remind them of you, why would they bother to dig out your business card? Making it easy for people to remember (and call) you by using a more unique 'handout' item as a business card is a smart investment.

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Gifts For Employees Are Tax Deductible

Give your employees gifts instead of cash bonuses. As of the 2001 tax year, gifts to employees are tax deductible, unlike cash.

Both you and your employee will benefit tax-wise; employers can deduct the total cost of the gift from their taxes, and employees don't have to declare the cost of the gift as part of their taxable income.

There are certain restrictions for these tax deductions, however. First, you need to be careful what you give as an employer. Items such as gift certificates or stocks that are easily converted into cash will be considered as taxable employee benefits by the Canada Revenue Agency.

Second, you need to keep close track of the cost limits when you're choosing gifts for employees. While you may give an employee two non-cash gifts or two non-cash awards per year, the total cost of the gifts or employee awards, (including taxes), must not exceed $500 per year.

If it is, the employer would have to include the fair-market value of one or more of the gifts in the employee's income, which would certainly ruin everyone's gift giving and receiving spirit.

You might also want to note that the Canada Revenue Agency intends the gifts or awards to be for particular purposes. In this CRA fact sheet on "Policy for Gifts and Awards", it's clear that the two non-cash gifts allowed per year are intended to mark special occasions, such as birthdays or Christmas, while the two non-cash employee awards allowed per year are described as honoring employee achievements. My advice is to include your reason for gifting the employee in your records, just in case.

However, a tax break is a tax break, and as long as you stay within the restrictions, this policy could make calculating those T4 slips a little easier and provide a nice tax deduction for your business.

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Cultivate The Art of Conversation

I could easily have titled this business tip "cultivate the lost art of conversation". Too often when people speak to one another, all they're doing is exchanging information. Worse, they're often doing it as brusquely as possible, feeling pressed for time.

But simply exchanging information is not going to impress contacts or win you repeat customers.

You need to make a conscious effort to converse with those you meet. A conversation is more than an information exchange; to converse, you have to show an interest in the other person, give him or her your full attention and actually listen to his or her replies.

So when you meet a new contact, or get the opportunity to talk to a customer, start a conversation. The safest way to start a conversation is to ask a person what he or she thinks of something (making it impossible to just answer "yes" or "no"). Or ask someone what he does. Then as the conversation develops, you can ask an occasional leading question to discover what interests him or her.

The art of conversation lies in keeping the conversation flowing without talking much. The greatest conversationalists are listeners, not talkers; they look interested, they listen, they respond to the other person, replying and questioning - but they talk 50 percent of the time or less.

If you practice the art of conversation, your conversation will focus on the customer or contact, not on you. People love to talk about themselves - if someone is listening to them.

And people who feel that they've been listened to and treated well are people who have a much higher likelihood of taking the time to find out about you and the products or services you offer - and becoming repeat customers or clients.

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Stop Shuffling Paper

Are evergrowing stacks of paperwork interfering with your productivity? When you sit down to work, do you find yourself buried beneath a stack of paperwork and never being able to lay your hands on the one piece of paper you need for the task at hand? Organizing paperwork is key. Remind yourself that there are really only two types of paper; paperwork that needs to be dealt with immediately and paperwork that doesn't.

So instead of handling each piece of paperwork many times, as you shuffle it from stack to pile, search for it, look at it again, and stick it into another growing stack, handle each piece of paper as few times as possible.

If the piece of paper falls into the first category, paperwork that needs to be dealt with immediately, and is something that can be responded to in three minutes or less, respond to it right then.

If the piece of paper falls into the first category, but is something that will require a longer response, place the paperwork in your Current file or inbox. Follow up by scheduling the time you will respond to the paperwork in your Current file (within the next three days if possible). Ideally, you should be clearing your Current file every two days.

And if the piece of paper falls into the second category, and is something that doesn't need a response, such as a receipt or information that doesn't call for any action on your part, file the piece of paper right away in the appropriate place.

Filing paper the first time around takes only a few seconds. But if you just toss the paperwork into a anonymous pile to be dealt with 'later', those seconds will turn into minutes and maybe even hours of paper filing, as you're forced to reread and sort through your old paperwork before you can file it.

If you're going to waste time, there are plenty of more pleasant ways to do it than rereading and filing old papers. So when a piece of paperwork lands on your desk, deal with it on the spot. You'll be glad you did later!

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Business management software for e-commerce


The internet is quickly changing the way customers and businesses interact with each other. In this new business era, customers are beginning to expect more conveniences from the companies they do business with. While at the same time, many enterprises are looking for ways to reduce overhead and streamline customer interactions.
With ManageMore’s reconnect Cart™ and connect CRM™ Interface, you bridge the gap between your ManageMore Business Software and your customers. Using the internet as your portal, your customers can interact in real-time with their own account and/or the products and services that you sell to them.

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Business management software for point for sale


For those businesses that rely mostly on retail sales, being able to quickly and accurately ring up sales and reduce human error is the key to a successful point of sale experience. ManageMore business software solutions provide hundreds of finely coordinated point-of-sale features which seamlessly tie into the invoice process and update all associated accounting / inventory in real time. It is like having a cash register, only faster and with less end-of-day paperwork to close out. ManageMore even offers advanced to compliment our POS capabilities and further combine power and technology.
Our sophisticated inventory control management features ensure that pricing, discounts, rebates and promotions (e.g. Buy 2 get 1 free, Buy 3 for a $1.00, Buy 1 get next 1 50% off, etc.) are handled automatically so that you don't have to worry about mistakes at checkout time.
At the end of the day, ManageMore's POS software will instantly provide a cash drawer closing process for each register. Comprehensive cash drawer deposit reports are provided that total up sales, returns, taxes, shipping and sums paid in and paid out for each tender and each credit card. Instantly reconcile all cash drawers and be notified of your overage/shortage by register or for the entire store. Even create deposit slips for easy banking a nightly basis.

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Business management software for CRM


ManageMore business software solutions for customer relationship management (CRM) can help you increase customer satisfaction, improve efficiency, create sales opportunities and increase revenue. Our CRM solutions provide automation of many day-to-day tasks for sales, customer service, call center and marketing professionals. Several integrated modules work together to form a fully-functional CRM system designed to maximize profitability, and increase customer satisfaction.
Gain your customers trust and they're yours forever. When considering a CRM software solution, one must get past all the hype and truly understand the key benefits of CRM. Customer loyalty does not stem from clever strategies to collect every conceivable piece of data from customers and then cross-sell them something they don't want.

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Business software for supply chain management


Your inventory is your most valuable asset and ManageMore's Inventory control gives you the flexibility you need to deal with outgoing orders, incoming stock, backorders, returns, or dead stock among one or many warehouses and store locations. You can build kits from an unlimited number of parts and even control your own internal inventory stock supplies separate from what you sell. Every day brings challenges, and each day’s challenges are different. How do you keep track of it all? How do you make sure your customers get what they want, when they want it? How do you manage inventories in a variety of locations? It takes flexibility.

ManageMore's Inventory control software gives you this flexibility and puts the power in your hands to control your asset. From the initial setup of inventory templates to the creation of multiple pricing methods, ManageMore's Inventory control software meets the diverse requirements of a wide variety of industries. Because you can pattern this system around your business rules, it puts you in control of your inventory needs. You will easily be able to meet and exceed your customers’ expectations and maximize your company’s net profits.

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Business software for accounting and finance


Accounts receivable represent sales that have not yet been collected as cash. Receivables constitute the primary source for the funds that are needed to run most commercial enterprises today. You sell your merchandise or services in exchange for a customer's promise to pay you at a certain time in the future. If your business commonly extends credit to its customers, then the payment of accounts receivable is likely to be a large factor of your cash inflows. In the worst case scenario, unpaid accounts receivable will leave your business without the necessary cash to pay its own bills. More commonly, late-paying or slow-paying customers will create cash shortages, leaving your business without the cash necessary to cover its own cash outflow obligations.

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Business management Software’s.


1. Service management pro
2. Accounting and finance
3. Supply chain management
4. CRM
5. Point for sale
6. E-commerce
7. Adds – On’s

Many businesses are not taking advantage of available technologies that integrate with the internet. We have worked with several companies to make them better use of the internet and computer networks to streamline their businesses and reduce the stress on their employees by automating their old business processes.

Dotsquares provides a range of Business Process Automation operations services to the corporate houses, travel companies, estate agents, solicitors, auction websites etc etc. Please feel free to view the portfolio to see some of the examples. Dotsquares has analysed, designed, developed and maintained applications which are open, flexible, and platform independent.

Our Business Process Automation Operations Services include Process Mapping, Modelling and Optimization, Methods & Procedures Definition and Development, Training Requirements Identification and Development, Work Center Planning and Design, Operations Planning, Performance Metrics, Cost Analysis and Considerations etc.

Dotsquares provides a full range of Business Automation Software Process re-engineering and Quality Management services to the companys. These services translate to an integrated "Information Technology (IT) Management System" for designing, developing, operating and continuously improving Business Automation Software Development capability.

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Business with service management pro


Service Desktop Pro is an integrated business management software for small and medium businesses. It is a useful tool for freelancers, software developers, web developers, graphic designers, consultants and various other small and medium business managers.
Small and medium businesses have always wanted an all-in-one small business software for their business management functions. SD Pro is ideal as a small business software for managing several types of small businesses who need to manage their business in an efficient manner by quick access to business information when required.

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Leadership Training Courses Online


Welcome to Leadership Training Courses Online Website. This website provides a library of best leadership resources and tools for senior managers and executives. Leadership website provides a list of top international training courses offered via various delivery methods, including online distance learning, accelerated workshops, experiential courses, corporate action learning, and self-study courses. It also provides leadership learning resources, expert advice, and insights.

Leadership Training Courses
This website provides guide to standardized leadership training courses topics and to most popular leadership training courses in leading industrial countries, the courses includes the following key topics: Leadership, leadership measurements and metrics, international leadership leadership and organization culture, strategic planning, management certification, policies and procedures, leadership training, balanced scorecard (BSC) for leadership, Leadership best practices, strategic plan implementation, and operations control and alignment.

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Accounting Training Courses Online


Welcome to Accounting & Control Management Training Courses Online Website. This website provides a library of best accounting resources and tools for senior managers and executives. Accounting website provides a list of top international training courses offered via various delivery methods, including online distance learning, accelerated workshops, experiential courses, corporate action learning, and self-study courses. It also provides accounting learning resources, expert advice, and insights.

Accounting & Control Management Training
This website provides guide to standardized accounting training courses topics and to most popular accounting training courses in leading industrial countries, the courses includes the following key topics: accounting management, accounting measurements and metrics, international accounting accounting and organization culture, strategic planning, management certification, policies and procedures, accounting training, balanced scorecard (BSC) for accounting, accounting management best practices, strategic plan implementation, and operations control and alignment.

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Finance Management Training Courses Online


Welcome to Finance Management Training Courses Online Website. This website provides a library of best finance resources and tools for senior managers and executives. Finance website provides a list of top international training courses offered via various delivery methods, including online distance learning, accelerated workshops, experiential courses, corporate action learning, and self-study courses. It also provides finance learning resources, expert advice, and insights.

Finance Management Training
This website provides guide to standardized finance training courses topics and to most popular finance training courses in leading industrial countries, the courses includes the following key topics: finance management, finance measurements and metrics, international finance finance and organization culture, strategic planning, management certification, policies and procedures, finance training, balanced scorecard (BSC) for finance, finance management best practices, strategic plan implementation, and operations control and alignment.

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Marketing Management


Welcome to Marketing Management Training Courses Online Website. This website provides a library of best marketing resources and tools for senior managers and executives. Marketing Management website provides a list of top international training courses offered via various delivery methods, including online distance learning, accelerated workshops, experiential courses, corporate action learning, and self-study courses. It also provides marketing learning resources, expert advice, and insights.

Marketing Management Training
This website provides guide to standardized marketing training courses topics and to most popular marketing training courses in leading industrial countries, the courses includes the following key topics: marketing management, marketing measurements and metrics, international marketing marketing and organization culture, strategic planning, management certification, policies and procedures, marketing training, balanced scorecard (BSC) for marketing, marketing management best practices, strategic plan implementation, and operations control and alignment

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Business staregy Module


Welcome to Business Strategy Management Training Courses Online Website. This website provides a library of best business strategy resources and tools for senior managers and executives. Business strategy website provides a list of top international training courses offered via various delivery methods, including online distance learning, accelerated workshops, experiential courses, corporate action learning, and self-study courses. It also provides business strategy learning resources, expert advice, and insights.

Business Strategy Management Training
This website provides guide to standardized business strategy training courses topics and to most popular business strategy training courses in leading industrial countries, the courses includes the following key topics: business strategy management, business strategy measurements and metrics, international business strategy business strategy and organization culture, strategic planning, management certification, policies and procedures, business strategy training, balanced scorecard (BSC) for business strategy, business strategy management best practices, strategic plan implementation, and operations control and alignment.

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Process execution


As defined in the abstract of the Web Services Business Process Execution Language OASIS Standard WS-BPEL 2.0, WS-BPEL (or BPEL for short) is a language for specifying business process behavior based on Web Services. Processes in WS-BPEL export and import functionality by using Web Service interfaces exclusively.

Business processes can be described in two ways. Executable business processes model actual behavior of a participant in a business interaction. Abstract business processes are partially specified processes that are not intended to be executed. An Abstract Process may hide some of the required concrete operational details. Abstract Processes serve a descriptive role, with more than one possible use case, including observable behavior and process template. WS-BPEL is meant to be used to model the behavior of both Executable and Abstract Processes.

WS-BPEL provides a language for the specification of Executable and Abstract business processes. By doing so, it extends the Web Services interaction model and enables it to support business transactions. WS-BPEL defines an interoperable integration model that should facilitate the expansion of automated process integration in both the intra-corporate and the business-to-business spaces.

The origins of BPEL can be traced to WSFL and XLANG. It is serialized in XML and aims to enable programming in the large. The concepts of programming in the large and programming in the small distinguish between two aspects of writing the type of long-running asynchronous

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Human Resource Management


Welcome to Human Resources Management (HRM) Training Courses Online Website. This website provides a library of best HRM resources and tools for senior managers and executives. HRM website provides a list of top international training courses offered via various delivery methods, including online distance learning, accelerated workshops, experiential courses, corporate action learning, and self-study courses. It also provides HRM learning resources, expert advice, and insights.

Human Resources Management Training
This website provide guide standardized HRM training courses topics and to most popular Human Resources Training Courses in leading industrial countries, the includes the following topics: General Human Resource Management, Human Resource Measurements and Metrics, Benefits & Compensation, Labor Relations, Workplace Security, International & Cross Cultural Human Resources, Certification, Policies & Procedures, Document Retention, Workplace Violence, Employee Assessment (MBTI, etc), Employee Orientation, Employee Wellness, HR Interviewing, Training Management, Training for Trainers, Workplace Diversity, HR Strategy; Managing; Motivation; Organizational Behavior; Recruitment; Employee Relations and HRM operations control and alignment.

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Business trade preference


The trade preference processing capabilities of SAP GTS help companies leverage the benefits of trade agreements, such as the North American Free Trade Agreement (NAFTA) and the ones that the European Union (EU) has concluded with other countries and groups of countries. The concept is simple – import duty rates vary depending on what percentage of the product originates in the sending country. In practice, however, trade preference processing can be highly complex and time-consuming – each company must have written declarations from its suppliers as to the composition of the components and subassemblies of their products. The trade preference processing of SAP GTS can help automate this entire process.
Improve reputation with enforcement agencies
Improved transparency and auditability of activities
Increase competitiveness by leveraging trade preference agreements
Increase revenue by selling into new regions while leveraging trade preference regions
Reduce manual effort through standardization and automation of trade compliance processes
Reduce risks of fines and penalties
Strengthen enforcement capabilities to prevent illegal activities
Support strategic sourcing decisions by leveraging trade preference agreements
Business rules or business rulesets describe the operations, definitions and constraints that apply to an organization in achieving its goals. For example a business rule might state that no credit check is to be performed on return customers. Others could define a tenant in terms of solvency or list preferred suppliers and supply schedules. These rules are then used to help the organization to better achieve goals, communicate among principals and agents, communicate between the organization and interested third parties, demonstrate fulfillment of legal obligations, operate more efficiently, automate operations, perform analysis on current practices, etcBusiness rules exist for an organization whether or not they are ever written down, talked about or even part of the organization’s consciousness. However it is a fairly common practice for organizations to gather business rules in at least a very informal manner.

Organizations may choose to proactively describe their business practices in a database of rules. For example, they might hire a consultant to come through the organization to document and consolidate the various standards and methods currently in practice

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Processing Management


TPMS or Transaction Processing Management System is online transaction processing superstructure software from ICL (now Fujitsu Computer Services) that runs on their VME mainframe computers. The first versions were released in the mid-1970s and were sold worldwide.
The service runs in at least two Virtual Machines (VMs)
a Control VM (CVM), responsible for connecting, disconnecting terminals and routing messages
one or more Application VMs (AVMs), responsible for all application processing - receiving input messages and returning output messages.
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Future development


Indian National Trade Union Congress (INTUC), has hailed the Budget as a progressive one for common man and workers. In a statement, INTUC has said that the finance minister has taken the concerns of these groups into account.

INTUC spokespeople reiterated that this Budget has been the best one so far when it comes to overall development and economic growth. It is a well-balanced Budget that takes into account all sections of society, they said.

For promoting industrial growth, the FM has announced measures for small scale industries and by removing excise duties, an INTUC statement said while adding that he has paved the way for their future development. Similarly, loan waiver and relief scheme for agricultural loans shows the concern for Indian farmers. This was a much-needed step considering some of the unfortunate incidences that have occurred in the past.

INTUC said that the announcement of 16 new universities, more investment in ITIs, setting up of two schools of planning and architecture and other such measures will go a long way towards upgrading the worker skill level in the country. Further, the announcement of Rs 30,000 insurance for below the poverty line (BPL) family members is a welcome step. Allocation of Rs 38,000 crore for poor people housing is also a much-needed step. The FM also announced that the rest of the amount will be available at 4% interest rates that are much less than the present market rates. This will strengthen the social security net in the country and will assure better standards of living for a number of citizens who need it the most.

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Business process Management


Business process management (BPM) is a method of efficiently aligning an organization with the wants and needs of clients. It is a holistic management approach that promotes business effectiveness and efficiency while striving for innovation, flexibility and integration with technology. As organizations strive for attainment of their objectives, BPM attempts to continuously improve processes - the process to define, measure and improve your processes – a ‘process optimization' process.

A business process is a collection of related, structured activities that produce a service or product that meet the needs of a client. These processes are critical to any organization as they generate revenue and often represent a significant proportion of costs.

BPM System (BPMS) is sometimes seen as the whole of BPM. Some see that information moves between enterprise software packages and immediately think of Service Oriented Architecture(SOA); while others believe that modeling is the only way to create the ‘perfect’ process, so they think of modeling as BPM.

Both of these concepts go into the definition of Business Process Management. For instance, the size and complexity of daily tasks often requires the use of technology to model efficiently. Bringing the power of technology to staff is part of the BPM credo. Many thought BPM as the bridge between Information Technology (IT) and Business.

BPMS could be industrial specific and can be driven by a software such as Agilent OpenLAB BPM. Some other products may focus on Enterprise Resource Planning and warehouse management. Validation of BPMS is another technical issue which vendors and users need to be aware of, if regulatory compliances are mandatory [1], [2], [3], [4]. The task could be performed either by an authenticated third party or by user themselves. In either way, validation documentation need to be generated. The validation document usually can either be published.

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