How And What

Importance of a business plan (Benefits of Business Planning)

By: Joe David | Tags: Business Communication

Importance of a business plan (Benefits of Business Planning) This article aims to assess the importance of a business plan. A business plan is an essential tool for anyone wishing to start a business. It is a document that describes the business and focuses on what it wants to achieve and how to achieve it. However, it is a difficult document to construct and certainly time-consuming. Therefore, many entrepreneurs tend to avoid it. Well, avoiding business plans is not a good approach as a well-constructed plan can generate positive returns […]

8 Important Business Communication Skills

By: M Rahman | Tags: Business Communication

Communication is part and parcel of life. We all communicate in different contexts everyday. However, there were perhaps situations in the past where you felt that your communication created nothing but blank looks and awkward silences. And you wondered what went wrong. While an evaluation should provide an answer to this concern, note that there are some specific business communication skills necessary for successful communication. This article focuses on 8 communication skills you should master. Listening skills You must have the ability to stop and listen to the views of […]

Business communication and its types

By: M Rahman | Tags: Business Communication

What is business communication? According to Little (1990), communication is the process by which information is passed between individuals and/or organisations by means of previously agreed symbols (words, gestures, drawings etc.). In light of this definition, business communication is simply the sharing of information between people within and outside an organization for commercial purposes. Communication involves three important elements i.e. transmitter, recipient, and medium. While transmitter is the sender of the message, recipient is the receiver of the message. Medium is the method by which the message is […]

How to write a business plan?

By: M Rahman | Tags: Business Communication

What is a business plan? A business plan is an essential tool for anyone wishing to start a business. It is a document that describes what you plan to do and how plan to achieve it. You should not start a business without a sound and effective business plan as it is a document which will guide you every step of the way. Likewise, banks and investors will not consider financing your business without a business plan. In short, a business plan is a description of the future of your […]