Business Without Frontiers
- Author Greg Pierce
- Published February 16, 2011
- Word count 474
Any business will rely on a healthy flow of finances in and out of the cash box, or so to speak in order to survive. Any event that alters this natural cascade of events leads to a troubled season. As blood is to the body, money is to the business.
According to a study, one of the reasons why a business can fail is poor management. There are a lot of business starters who failed to look into managing properly their business no matter how strong it started. According to Small Business Administration (SBA), "two-thirds of new employer establishments survive at least two years, and 44 percent survive at least four years." In other words, the 5-year window is very crucial to the success or failure of any business. A business that started strong doesnt necessarily guarantee that it will stay through strongly. The major decider will be how business is managed from the opening until the time investors can finally say, "business is smooth sailing, and were out of the danger zone." Unless otherwise, managing the business is the saving grace that may save you enormous heartaches and disappointment.
Todays fast life and the information highway have made life much easier and doing business has become relatively easier also. With the internets capacity to do the talking and the walking for you and the many support group and other services that you can avail of in a click of a mouse, more and more businesses are sprawling the information highway. All that is required of you is to open up your eyes to a maze of possibilities, indulge and adapt to the changes that have happened which are inherent to the 21st century.
A guy about half a world away for example is efficiently carrying out business processes through the internet. The worlds largest economy is the US, but look how it does business with some countries like the Philippines for instance. Their processes are taken care of in a remote country some thousands of miles away. In Manila and other Philippine cities, call center and business processing organizations and companies are sprouting like wildfire. Small towns that used to be seeing only hazy days have transformed into busy towns with over 5 call center companies. While this is good for the local economy, it works the same way for the mother company based in the US. Labor fees are much lower in these places than in the US.
So all in all, the world has truly become an interconnection of cultures and people. And with this comes my conclusion that, indeed, the world we are living in is a borderless world. What you are is in one way or the other, innately connected to someone else, to something else, and that your gift might be somebody elses life in this world---in this borderless world.
If you want to hire the firm that only provides accounts payable best practices, the internet has many options for you. However, make sure that the firm you choose can offer you accounts payable automation so that it will all be worth it.
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- Sacred Balance: 5 Elements Chakra Healing with Mala Beads & Yantras
- Rooted in Heritage: The Rich Ranch Aesthetic with Antique Doors and Rustic Soul
- Carved Floral Barn Doors: A Shabby Chic Statement for Your Pantry & Laundry Room
- Confusion and Anxiety: Lincoln and the Days Before the Civil War
- How Website Maintenance & Security Protects Your Online Presence
- 5 Best Mortgage Brokers for Bad Credit UK
- 7 Best Mortgage Brokers in Derby
- Maximising Space and Efficiency: The Power of Dual-Purpose Fitness Machines
- Types of Eco Friendly Food Packaging
- Where Can You Find Lighting Stores in Brampton to Illuminate Your Home & Office?
- What Are the Top Real Estate Videography and Photography Services in CA?
- The Rise of Employee Performance Monitoring Tools: Balancing Productivity and Privacy
- **My Vietnam Trip in a Nutshell: A Journey Through Youth, Chaos, and Discovery**
- How to Find a Reliable Magnetic Lash Manufacturer: A Guide for Beauty Entrepreneurs and Salon Professionals
- How the IRS Is Cracking Down on Tax Debt (And What You Can Do About It)
- Beat U.S. Tariffs: China Global Sourcing & Investment Summit
- Protect Your Hockley Home: Why Professional Gutter Cleaning is Essential
- What Makes 24/7 Home Care in the City of London a Trusted Solution for Compassionate & Professional Support?
- Fast & Secure Money Transfers to Morocco – No Waiting, No Worries
- Creative Ways to Use Rustic Carved Doors in Boho Ranch Style
- Top 5 Best Fee-Free Mortgage Brokers in UK
- Do Modern Chandeliers Feature Geometric Shapes and Mixed Materials for a Bold Statement?
- Why You Need a Professional Real Estate Photographer in Northern Nevada?
- BEHIND THE LENS: THE MAN WHO OUTPACED SUPERMAN
- THE MAVERICK
- Sacred Spaces Inspired by the Five Elements
- Tree of Life Carved Wall Art & Custom Doors by Mogul Interior
- Heritage Reimagined: Repurposed Indian Bridal Trunks, Lotus Ceiling Coffee Tables
- Data-Driven Dollars: Why Your Personal Finances Need Data Science in Today's Economy
- Why You Need an Architect for a Self-Build Project