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Showing posts from November, 2017

Details to be included in employees record

Employee records shows all information's about the employees.In the employees records,the following details have to be included: The records should include the details of the total number of employees who are/who were in the business organizations.Who are means those employees still works in the current business organization's.Who were means those employees who had left the business organization's due to either retirement,death or those who were dismissed from the business organization's. The records should include details of the experience and educational background which is possessed by every employees in the business organization's of the employees.These includes the level of educations every employees have achieved and the experienced which every employees had before they were employed plus the they have achieved after they started working in the organization's. The records should include the details of job description's of every employ

How to make customers to pay for goods and services they purchased

These are how entrepreneurs or business owners can make customers to pay for the goods and services which they purchased from the business. They include: Cash with order These means that the business will not deliver the goods and services to their customers unless the customers has paid for the goods and services.These means that once the customers have make orders for goods and services then it means that they have to pay for them immediately or in advance before they can receive them or before the seller can handle the goods and services to them.Failer by the customer not to pay in advance for the goods and services they ordered for then the seller will not give or deliver the goods and services to the customer’s. Cash on delivery These means that the customer will have to pay for the goods and services once the goods and services have been delivered to them by the business/seller.So the seller/business will deliver the goods and services to the customers and the customers ha

Types of purchases in businesses which entrepreneurs do

Purchasing is the process of getting or buying goods and services from the seller of goods and services.In business,purchasing is simply trade which involves in the exchange of goods and services for for cash or barter trade.So the seller's sells their goods and services either for cash or through barter trade. Entrepreneurs can either purchase goods and services from suppliers either through cash,through barter trade,through credit or either through hire purchase. Cash exchange Cash exchange is whereby the seller gives their goods and services to the buyer and after receiving the goods and services,the buyers gives cash or money to the seller. Credit exchange  Credit exchange is whereby the seller gives the goods and services to the buyer and they agree with the buyer on when the buyer should pay for the goods and services.The seller can agree with the buyer to pay at the end of the month or depending on the number of days agreed between the seller and the buyer. Barter

What is geographical discounts

Geographical discounts are which are given by the entrepreneurs to their customers based on where the customers are located or based on the distance between the business and where the customers are located. Geographical discounts are usually given by suppliers who distributes goods and services to different retailers who are located in different areas. Since suppliers supplies goods and services by transporting the goods and services to too many retailers located in different geographical locations.So retailers who are located near their business will enjoy or receive more discounts on the goods and services they purchased from the suppliers than those retailers who are located far from the business who will receive less discounts since the suppliers of goods and services will have to cater for the extra cost of transporting the goods and services to where the retailers are located. These means that retailers who are located near the suppliers will purchase goods and servic

What is promotional discount

Promotional discounts are discounts which are given to customers inorder to influence customers to purchase goods and services which the entrepreneur is selling to the market. Promotional discounts are usually given to customers incase the business is new or also when the entrepreneurs introduces new products and services at the market. So when the business is new at the market or when the entrepreneur  has recently stated a new business,then the entrepreneurs will give promotional discounts to customers inorder for their businesses to become awared by the customers.Incase for the existing business,the entrepreneurs will give promotional discounts inorder to retain existing customers and also to attract more customers to their businesses. How to easily attract more customers to your business . The entrepreneurs can also give promotional discounts when they entrepreneurs have introduces new products and service to the market so that customers will be able to become awared about t