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 […]
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 […]
Know About Various Departments in a Hotel
Primary role of a hotel is to deliver quality services to the guests, this can be done easily in small hotels but in large hotels it is very difficult to perform all the functions by a single team, so for the convenience large hotels are broken down on to small departments. Each department is given […]
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 Types Of Hotels
Hotels provide lodging for the guests on a short term basis and also many other facilities. The hotels can be classified in to many types based on different criteria. A wide variety of hotels are present in America, each differing from one another, in respect to the services they provide. The following are the various […]
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 […]
Role of House Keeping Department in Hotels
The house keeping department plays a vital role in attracting and keeping the guest as it maintains top quality decor and service in the hotel. House keeping is the department which determine to a large extent whether guests are happy during stay. Below are some points that explain in which way house keeping department is […]
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 […]