Five Stages Businessman Newbie Looking for a Business Idea

Nov 28, 2014 | Posted by in Business, Business Tips | Comments Off on Five Stages Businessman Newbie Looking for a Business Idea

Small-Business-SuccessStarting a business requires careful planning. Businessman beginners often faced problems with a business idea. Then, how to anticipate the problem.

Business ideas can be found in various places. If creative can create products, if not you can still start a business field alone.

Five steps can be taken novice businessmen to seek business ideas. First, using the help of Google, the two visited a bookstore, three seminar business. Fourth joined the business community.

Fifth, business beginners need to make sharing with senior businessman. They can be a mentor to provide input regarding business trends that can be developed.

Create a list of business ideas. Then determine where the most potential and in accordance with our interests. Can be started from what she likes, or what most of us in our hands, and the market needs.

After that, you can make a plan, such as the products, target market, price, including analyzing the profit to be taken.

Entrepreneur Must Have Business Ethics

Nov 23, 2014 | Posted by in Business, Business Tips | Comments Off on Entrepreneur Must Have Business Ethics

Social-Business-SuccessThe word ethics has some nuances. The term has been defined as an investigation into the nature and the realm of morality in which the term morality is meant to refer to the “judgment, standards and rules of moral behavior”. Ethics can also be referred to as the study of human behavior and philosophy with pressure point in the determination of what is wrong and right.

Based on this definition, we can start to develop a concept of business ethics. Most people would agree that high ethical standards require businesses and individuals to to carry out moral principles are solid. However, some specific aspects should be taken into consideration when applying to business ethics.

First of all, to survive, a business must make a profit. If the gains achieved through less praiseworthy deeds, the sustainability of the company could be threatened. Many famous companies have their own reputation tarnished by scandal and lies that it finally makes them broke and collapsed because of the financial storm and lawsuits due to less moral behavior.

Secondly, a business must be able to create a balance between the ambition to make a profit and the needs and demands given the surrounding community. Maintaining the balance of this kind often requires compromises or barter. To discuss the unique aspects of this business, the community has developed a good rule in the form of the rule of law and the rules are not written to guide existing business in an attempt to reap profits in ways that do not hurt other individuals or society as a whole.

Many definitions related to business ethics rules, standards, and moral principles relating to what is right or wrong in a given situation. For entrepreneurs who engage in the business field, business ethics can be defined simply as something that covers the principles and standards that guide the behavior of businesses. Investors, employees, customers, interest groups, legal system, and society often determines whether an action is right or wrong, ethical or unethical. Although all of these groups are not always ‘right’, their judgments affect the acceptance or rejection of the business community and its activities.

Investment Risks Facing Tips

Nov 3, 2014 | Posted by in Business, Business Tips, Invesment | Comments Off on Investment Risks Facing Tips

business strategyHave enough money and dependents, but not invested, it could be someone not ready to face the future. Sometimes, not because of lack of knowledge, but are afraid to risk a barrier.

Indeed, the risk has become part of our lives. Since wake up in the morning, out of the house, working up to go back home, something that is not expected to have happened to us.

However, according to him, there is a risk that can be avoided and also had to brave face. Here are tips to be ready to face the risks.

1. Know your profile.

Everyone has a safe level different in investing. By analyzing and recognizing risk profile, then one can set a limit for acceptable risk and selecting investment products that make it comfortable. Because, in the end, the most important thing for an investor is able to sleep soundly at night.

2. Consider a company that is already clear.

Many types of investments that offer attractive schemes, but it does not have explicit permission. Before considering, make sure the company offering the investment to have a business license from the regulator. If the shape of financial products, permission from the Financial Services Authority.

In addition, the reputation and track record could be a reference. Some companies or products will have a history of awards shows consistency of performance and success.

3. Know causal risk emergence.

Each seller certainly explain all the nice things of its products. For example, offer this way: “Sir, this product of love return 10 percent last month, you know. Tried course sir.”

Rheza also reminded, return and risk as the two eyes of the same coin. If there is a product to give a return of 10 percent per month, meaning that it can also have the potential loss of 10 percent per month.

“So, be critical to find out what it is. What is the cause of the increase? If the conditions are reversed, what is the risk?