Fire insurance is the type of insurance policy, in which an individual pays some amount of money to the company, in exchange to receive benefits for the fire losses. Fire insurance provides the security for home, stock, furniture, business buildings, etc,. Fire insurance provides the cost of replacement of properties and assets, which gets damaged […]
Category: Business
All You Need to Know about Business Credit Insurance
Credit insurance is also called as trade credit insurance. Credit insurance provides benefits for an individual and for the business. Credit insurance provides the protection for the policy holder against outstanding debts. Credit insurance recovers the business bill receivables, in case if they are not receivable from the customer or trader, as the trader or […]
Why Business Owners Should Opt for Crime Insurance
Crime insurance provides insurance for the individuals and for the businesses against crime related losses. This insurance covers losses like fraud, theft, employee dishonesty, robbery and burglary. This insurance is very important for the business owners to protect their business from above kind of losses. The reasons for why the business owners opt crime insurance […]
Know About Different Kinds of Business Insurance
Doing business requires many entities, such as, manpower, buildings, machines, vehicles, infrastructure, and so on. Even slight damage to any of the above entities, will cost heavily for the business. Therefore, in order to bail out businesses from the losses, in the unexpected situations, insurance is mandatory. There are different types of business insurance which […]
Supply Chain Management for Small Businesses and Its Benefits
Supply chain management is a part of business whether it is small/large or the business is running for profits or non profit purposes. Supply chain management process involves managing fourteen functional areas, according to The Institute of Supply Management. The fourteen areas are purchasing, sourcing, logistics, quality management, inventory control, material management, transportation, disposal, warehousing, […]
Know About Important Characteristics of SaaS
Software as a services (SaaS), also known as Software on demand, is deployed over the internet to run behind a firewall on a local area network or personal computer. Important characteristics of SaaS are given below: SaaS application is associated with user interactive web applications accessed directly over the internet, SaaS as a concept caters […]
Benefits of Supply Chain Management for Hotel Industry
Supply chain management normally involves purchasing the raw materials from the vendors, then manufacturing the products and finally passing of finished products to the wholesaler, then to retailer and then to the consumer. The supply encompasses every effort involved in producing and delivering a final product or service, from the supplier’s supplier to the customer’s […]
Know about the Check List of Construction Workplace Inspection
Inspection is most important in construction workplaces. Construction workplace safety inspections are done on a regular basis by a construction manager. These inspections will cause delay of the project, but are very important to protect the workers from accidents. Manager should identify the problems at workplaces, should check the machines working conditions, assess and determine […]
Duties and Responsibilities of a Construction Manager
Construction manager plays a major role in completion of a construction project. Construction manager acts as the leader of the project to ensure that all kinds of works are carried out efficiently and with utmost skills. Construction managers are responsible for supervising and managing effectively the entire construction project from the beginning to the ending […]
Importance of Facilities Management While Constructing an Office
The main reason behind opting for facilities management is to reduce the costs and stress and increase the productivity. Therefore, many businesses opt for this service while constructing their offices. Importance of FM while construction of an Office a) Minimize the cost: A Facility Management professional has the knowledge of maximizing the value and minimizing […]