Technology and political trends

Technology advances

How is your business taking advance of the Mobile phones, the internet, apps, online and self- help services.?
How much do you know about this wireless technology?
In this regard we need be reading alot of tech news.

Gone are those days where we have to come to your store to know or buy your products. People want to look it up on their phones, place an order and get it on their door steps.

How are you in the rural areas taking advantage of this change and making more money?
Technology is making things convenient and better.

Political action

New laws create new business ideas. But do you know of these changes. The instability of our politicians can be a great business opportunity, you just have to learn and think how you can tackle this issue

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Understanding Financial Reports: A Guide for Business Owners

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Supply

Supply- supply is the amount of a resource that firms, producers, labourers, providers of financial assets, or other economic agents are willing and able to provide to the marketplace or to an individual. Supply can be in produced goods, labour time, raw materials, or any other scarce or valuable object ( WikiPedia) I found this topic to be of great interest in a sense that one can be in and out of business because of a supplier. Demand and supply makes up the foundation of an economy. In business we can have an obstacle of a supplier. Recently I have halted selling a product due to a problem I had with a supplier. The supplier ran out of business and it was difficult to even find another supplier nearby. A supplier can increase prices meaning you also have to increase your prices. This seems simple but it tends to be difficult to maintain one’s clientele in such a situation. This problem of suppliers come with the risk of running a business, one must always be on the look...

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