ArmidaOmalley

In today's corporate environments, business analysis is key to the implementation of successful projects that deliver business value and create long lasting benefits. Therefore the role of the business analyst has evolved alongside that of the project manager, to initiate and complete increasingly complex projects in today's business environments. For a good understanding and appreciation of business analysis and the business analyst (BA) role, let's look at some definitions: "Business Analysis is the process of understanding business change needs, assessing the impact of those changes, capturing, analysing and documenting requirements and then supporting the communication and delivery of those requirements with relevant parties." Source: Business Analyst Solutions Ltd There are at least four tiers of business analysis: 1. Planning Strategically - The analysis of the organization's strategic business needs 2. Operating/Business Model Analysis - The defini...

Almost every small business client I meet is reluctant to commit to completing a strategic business plan for their business operation - yet it is one of the single, most important activities you can do for your fledgling business. When I ask small business owners about the status of their business planning activities, the conversation usually goes something like this: Karen Paiyo (Business Counsellor): Have you completed a strategic business plan? Business Owner: Well, no, I know exactly what I want my business to do, I don't have to write it down. Things change so fast anyway that it would have to be updated every five minutes and I don't really have the time to do one because I am up to my neck with other things and they take ages to do. I will have to write pages and pages and I don't really know how to do one and I am not really a good writer and they are way too expensive to pay for one to be written and besides no-one really reads them anyway and it will just end up...

There is no disputing the fact that a lot of businesses are collapsing in Nigeria and indeed the world over today because of lack of knowledge of what it takes to salvage the situation. This has even led to serious health conditions as many entrepreneurs have become hypertensive and their health state has defied medical solutions. This is because as long as the survival of their businesses is threatened, their own survival too will continue to be under threat. This is why I am reviewing this book this week as a textual solution. I wish you pleasurable reading. This text entitled 101 Survival Tips for Your Business, with the subtitle Practical Tips to Help Your Business Survive and Prosper is written by Andrew Griffiths, a professional marketing consultant, as well as director of an Australian company called The Marketing Professionals. Griffiths is an accomplished trainer and a reputable public speaker. He specialises in trouble-shooting for companies that are in dire need of professi...

Small Business Myth #1: "You Need A Lot Money To Start A Business." This depends on which avenue you choose to take, whether you desire a physical store or an online marketing. If you want a brick and mortar office, where people can visit to see and touch your goods, then the cost is on average $25,000 a year. Not too many people have this kind of money just sitting in a bank, waiting for them to use for a dream business, however, there are government programs out there that will assist you in financing your business with the proper paperwork and business plan. If you decide to choose an online business, be prepared to do your research. Online businesses can cost anywhere from a few hundred dollars a month to a lifetime membership of $100K. Enrolling in a company that markets health products is going to be a lot cheaper than enrolling in a company that markets helicopters. Choose a company that you have personal interest in pursuing because they offer a quality product or b...

Running a small business is all about risks and optimism. Small businesses generally lack smooth credit flow, constant innovation, smart business management, which are important to ensure their survival. Adding to that, increased competition from large corporations in today's globalized world is making it difficult for them to survive and sustain. Today, more than ever, they are prone to risks and closures. A comprehensive package of insurance essential for all businesses as it ensures protection and security. It can be a powerful tool in financial security for a small business. The main purpose of insurance is to cover a risk that a small business cannot afford (at the cost of small premiums, which they can afford easily). They can save hundreds, sometimes even thousands of dollars if their owners spend some time to look at some small auxiliary things like insurance policies. Types of insurance coverage: Although, insurance needs vary widely from one business to another, here ar...

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A business plan defines your whole business strategy, where to start with and where your business will lead you in future? To create a business plan you must know the details about the business you are going to start. Why a Business Plan is required? Before starting a business everyone needs to know where your company will stand in next 10 or 15 years that depends on you for how long you can carry on your business plan. After collecting all the necessary information regarding your business you have to assemble that in order which results in a proper business plan. The essence of your business plan is based on: Goals: Define your goals properly and strategy to achieve them. Problem & Solutions: What you are going to do in any sort of crisis? How you can handle it? Financial Issues: How much finance you have? And how long you can survive with it? How are you going to manage you business profit and loss? Business Plan Duration: While writing a business plan you should keep that in...

If you're promoting any online business with out utilizing business cards then you are doing yourself a disservice of fairly significant proportions. It really is an easy comfortable way to communicate with your potential leads. It is also very cheap in comparison to other methods. It doesn't take a great deal of effort to distribute you business cards. You can give them out to just about anyone you come across. Most people are agreeable to taking and reading a business card if it is just handed to them. Also, you can leave them in conspicuous places where peoples natural curiosity will cause them to pick one up and take it with them. What are some of the resourceful ways you can get busy with business cards? Well one creative method though not to pleasant to talk about is to leave them in public rest rooms. I leave a few anytime I am in one. In my own business Infinity Downline I find activity to my sales funnel following such placements. You can also leave your business card...