Expenditure and Operational Expenditure are spending methodologies that focus principally if it is better to use a cloud service, on premise or a hybrid method to deliver service to users.
Moving your applications to the cloud can be a polarising task. Some believe that the cloud is the future and the value add outweighs the work involved. Others believe that on premise solutions are best for users and data. Vendor Lock-in Although vendors like Azure may offer greater features or added value than traditional on-premise services, there can often be features that PaaS services offer that are not available in other solutions that can increase the total cost of ownership. Features are not the only drawbacks to cloud solutions, many cloud platforms can offer additional infrastructure or architectures that can… Continue reading Challenges Moving Applications to the Cloud
Understanding that a customer has needs when using a good or service can allow a business to identify marketable opportunities for increasing profitability or maximizing revenues. For a large portion of customer focus, its about communication. A customer focused approach can be adopted by many aspects of a business, such as; Sales Management Location Customer Service Marketing Growth and Extensibility Many customers will have different needs and goals and there are many aspects to a business that may need to change to adopt a customer-first approach, but the payoff is; High Customer Retention Long Term Commitment Greater Profitability Greater Customer… Continue reading Customer Focus in Business
Some things are better if you do them yourself. I mainly did this project to keep a running ledger of the changes that I would need to keep track of the account balance data. GnuCash is great, but when I export my accounts data the CSV file isn’t easily translated with power-query automatically. I decided that because I need to keep track of my transactions, this problem was best suited with a little program to calculate my net inflows and outflows using a python program, I also decided halfway through the project that I wanted to hook it up to… Continue reading Exporting GnuCash Data to PowerBi
When a business grows and adapts it often requires a lot of overhauls, both physically and digitally. Processes that previously worked or were effective for purpose are no longer so. Because of this a business will re-engineer part of its business processes to adapt. Reasons Why a Business May Adapt its Processes A business may change the way it functions for many reasons, The business is expanding and it’s old process needs to handle the additional capacity or machinery. The function the old system used to serve has been superseded or removed from the business process as it is no… Continue reading Business Processes Re-engineering
Most would say no. However, the recent increase in consumer spending on reliable mobile and the domestic internet has led the development of new infrastructure, innovation, and government subsidy. The increased value of fast and affordable internet is no doubt due to the increase in cord-cutting and streaming options available to the consumer. However, there are still issues in rural broadband areas where internet connections are limited, spotty or oversubscribed and need infrastructure investment in order to improve. The biggest issue could be the degradation and limited ability of domestic subscribers to ensure a reliable connection, many using dated routers,… Continue reading Reliable internet connections. Are they a reality in Britain yet?
Corporate Strategy The way a company’s managers should manage a company should largely be down to the business plan. However there are often external factors limiting a companies business, they may choose to solely benefit shareholders, but practically and legally they must provide some benefit to their employees and their customers to remain socially responsible and have a strong positive public relationship to remain profitable. An umbrella corporation may often have to make strategic decisions to combat potential problems well in the future. In the show Silicon Valley (external) the senior venture capitalist spends a lot of his time studying… Continue reading Aspects a business should consider in corporate strategy
A Demand and Supply Graph Factors Influencing Demand This article serves to supplement the article Influences for Supply and Demand, that I wrote a while ago. For a more general overview of supply and demand, I suggest visiting there first. Demand has many factors that influence a market, such as;- Changes to the prices to substitute products, such as cheaper products available online or at discount stores could reduce the sales of a premium product or product range. Changes to the availability of complementary goods or changes in the price of complementary goods, such as two large luxury opposing ice cream… Continue reading Factors Influencing Demand
A Demand and Supply Graph Factors Influencing Supply This article serves to supplement the article Influences for Supply and Demand, that I wrote a while ago. For a more general overview of supply and demand, I suggest visiting there first. Supply has many factors that influence a market, such as;- The availability of raw materials. The time it takes to process a set, batch or quantity of stock, like aged wine or hard sweets. Disruptions to the distribution chain of competitors, such that their prices or other aspects change. Natural Disasters utility supply issues or storage issues. Advertising could increase consumer… Continue reading Factors Influencing Supply
When individuals are interested in purchasing, investing or working with a company it may also be a good idea to assess it’s financial status, using public information available through government sources, two documents can allow proper assessment. A statement of comprehensive income and a statement of financial position. Statement of comprehensive income A statement of comprehensive income is a usually detailed report listing the inflows and outflows of capital of a business. They often include exceptional expenses and net profit for a business and subsequently can be difficult to follow but should provide a good understanding on how a business… Continue reading Assessing Company Value