Wednesday, February 10, 2010

Importance of Invoice in Business

      All business transactions require paperwork, called source of  documents. Business source documents, which are important to bookkeeping, need to be standardized. With standardized source documents, the bookkeeper  can easily identify and interpret the relevant information. 
    Invoice is a commercial document issued by a seller to the buyer, indicating the products quantities, and agreed prices for products or services the seller has provided the buyer. An invoice indicates the buyer must pay the seller, according to the payment terms . It is important in the business to have an invoice for the reason  that it gives  sufficient information of the flow of operation in the business.  A relevant evidence to ensure to keep good books and records but the most important reason is to ensure having a control over your business and that you can assess its profitability and the cash flow situation therefore  you are aware of any potential problems as soon as possible and can make business decisions with all available information at hand.
    

Monday, February 8, 2010

The Importance of Internet in the Business

     Internet is one of the trend in the business whereby most of the businessmen adopt this kind of technology in which it gives them an easy access to their clients, customers and other  company.It is the fastest mode of providing information but today it is serving us in various other ways. One of the biggest benefits that internet can give is the Communication. I t is equipped with most modern interactive tools like emails, chats, SMS, voice SMS, internet provides fastest and most hassle-free communication. Unlike post offices and telephone connections, internet is accessible from all corners of the world and being a 24x7 service, it keeps on providing its service to people all the time.

       In the Business,visibility in the market is a bigger factor.  A company has a product to introduce in which it is not known to the market, through Internet it can be reach  not only in the locality but to the global market. Your products should be visible everywhere. People across the world should recognize your brand. Today product promotion and campaigning are the most important criteria for achieving success in a business. And for successful product promotion and campaigning you need to improve your communication and interaction with people.With these technology it can give more  prosperity and productivity to the business.