Views on SME Business
End of the year is a great time to create a business plan for the new year
By Invoice Bazaar | December 13, 2022
A detailed business plan for the upcoming new year is an amazing tool for every organization as it will delineate the strategy..
How can a small business owner create the perfect remote working environment?
By Invoice Bazaar | December 9, 2022
Remote work has become mainstream in many business and industrial segments because of the push it received from the..
Why is it beneficial for businesses to make the employee separation process friendly and seamless?
By Invoice Bazaar | December 3, 2022
It is always a loss when a good employee leaves a business enterprise for any reason. Typically, the exit process, or offboarding..
What is the impact of interest rate hikes on small businesses?
By Invoice Bazaar | November 29, 2022
Of late, interest rates have been rising across the world. On May 20, 2022, the UK-based Financial Management Centre stated that interest rates were at a 13-year high..
What strategies can a small business adopt during a recession?
By Invoice Bazaar | November 26, 2022
To survive a recession, a small business must first be aware of its immediate, medium-term, and long-term impacts. They include..
What key qualities and skills should the operations staff possess?
By Invoice Bazaar | November 24, 2022
In every business organization, the operations staff and managers are expected to carry out numerous tasks to ensure its smooth..
How is an Employee Development Plan helpful to an organization?
By Invoice Bazaar | November 20, 2022
Many benefits accrue due to employee training and development. Businesses can boost their employees’ productivity, morale, and skills by investing in them. Furthermore..
What should businesses do when planning their geographic expansion?
By Invoice Bazaar | November 18, 2022
When we talk of a business organization’s geographic expansion, we usually think of foraying into and establishing a foothold..
What should businesses do if interest rates are expected to rise?
By Invoice Bazaar | November 13, 2022
Any rise in interest rates will adversely affect the borrowing power of business enterprises and constrict the inflow of cash from sales..
Should you depute an army of your executives to attend meetings with clients or prospects?
By Invoice Bazaar | November 6, 2022
Client and prospect meetings can be of many types. There can be meetings with a single..
Why do even large cash-rich organizations delay payments to their suppliers?
By Invoice Bazaar | November 4, 2022
It is understandable when cash-poor organizations delay payments to suppliers, but when cash-rich organizations are also seen..
How can businesses make their procurement process efficient through digitalization?
By Invoice Bazaar | October 30, 2022
Digitalization of procurement processes brings a host of benefits to business enterprises, both direct and indirect..