Business Archives - The Dishh

The Influence of Politics in Business

By Article Editor on June 23, 2022June 23, 2022

The Influence of Politics in Business

Politics and business have been intertwined since the beginning of time. When running a business, you must consider what legislation may be passed in the future and how laws will affect your livelihood. If you do not take the time to become informed, you may be faced with some less-than-desirable outcomes. Please look at the history of politics and business throughout the years explained by Dr. Jordan Sudberg and discover how they have affected one another.

Ways in which politics influence business

1. The government can effectively legislate against businesses that are considered to be unethical, sometimes even openly declaring them illegal. This is not an ideal circumstance for businesses. This can also be seen in many countries around the world enacting regulations or laws that significantly hamper business operations or profits (this concept is known as ‘Regulation’). This can have a significant impact on a business and its employees.

2. The government passes policies to control business decisions related to jobs and working conditions. Often, this will negatively influence the company’s decision-making processes. The government has shown an interest in how business is conducted in recent years, trying to intervene to create legislation that gives them the power of greater control over businesses.

3. Governments regularly give certain businesses special favors, such as tax breaks and subsidies. These “subsidies” are paid for by tax money, so each taxpayer is paying for a particular company to be broken even or turn a profit. As per Dr. Jordan Sudberg, This can cause problems for a company, especially if they are getting free money from the government but also have competition. These competitors may not be getting these subsidies and thus have an unfair advantage. Oil companies are a perfect example of a firm being subsidized by the government, which the US government is constantly subsidizing.

4. According to him, governments often give certain businesses unique benefits, such as tax breaks and subsidies. These “subsidies” are paid for by tax money, so each taxpayer is paying for a particular company to be broken even or turn a profit. This can cause problems with the business because they must take partial credit for this growth while also taking the blame if they fall short of expectations. An example of businesses receiving unique benefits from the government is oil companies that receive considerable subsidies to drill in foreign countries and turn a profit, at the same time being used as an example of why it is not feasible that other countries should do this.

5. Government policies affect how we live by dictating how we shop, travel, eat and conduct our daily lives. Some businesses, such as airlines, have had to make considerable changes to provide better service and increase security to comply with new regulations. From now on, they will have to be able to check their bodies for weapons at security checkpoints, which means that staff will have to be able to handle this task to pass the background check. Furthermore, passengers will not be allowed to bring their weapons onto planes, directly impacting many business models in how they sell their goods and services.

As we can see, politics and business have been intertwined since the beginning. When running a business, you must consider what legislation may be passed in the future and how laws will affect your livelihood. If you do not take the time to become informed, you may be faced with some less-than-desirable outcomes. Please look at the history of politics and business throughout the years and discover how they have affected one another.

Things to Know Before Starting a Business

By Article Editor on June 2, 2022June 2, 2022

Things to Know Before Starting a Business

This article will hopefully set your mind at ease for those of you who have always wanted to start a business but felt like there was no way in hell that you could ever do anything on your own and make money. With the current economy, everyone is searching for ways to gain success without a lot of work. According to pain management Jordan Sudberg, it is possible to start a business. You can do certain things to help you along your path to business success. There are many different paths that you can take, but the right choice for you may not be the right choice for someone else. You must identify what it is that your strengths are and then try to capitalize on those while trying not to ignore the other areas of business altogether.

5 Things to Know Before Starting a Business

1. You Need a Plan

Before you can start making money in your business, you need an overall plan for making money with that business and what you need to do to be successful. It is essential to have a plan before you attempt to start a new business because if you have a plan, you can then go out and make that plan happen rather than starting a business without any idea of the direction it will be heading. The only way your business will ever be successful is if you can plan and make sure that there is structure and order to the way things are done.

2. Know Your Audience

It is essential to know your audience and who it is that you are trying to attract with whatever business you are starting. It is also essential to know what your potential customers’ interests are and what they want as well. This way, you can use those interests to create marketing opportunities for your business. You will be able to focus on a target market that has been shown time and time again to buy products in a specific category.

3. Network with Others

It is essential to seek out people who have been successful in their businesses. It is usually going to be other people who are starting their businesses or people who are already in business and trying to influence their audience. Networking with others who have already been successful and can help you understand the needs of the public is a precious thing to do when starting a new business.

4. Build Your Network

It is essential to build your network by having other people know about you and help you get to where they can help you. If you are trying to start a business and no one knows who you are, it will be extremely difficult for someone else to work with you. Also, you need to be very careful in networking because not everyone is trustworthy, and if someone tries to take advantage of your network, that will lead you down a path of failure.

5. Give It Time

For anything in business to be successful, you have to have time. You can’t expect to start a business and have it as successful as some more giant corporations overnight. When starting any business, especially if it is your first time, you will often fail and fail. That is just the way things work, so don’t get discouraged when things don’t work out exactly like you may want them to at first.

The main focus is to make people’s lives easier and bring them more happiness. The economy is a tough spot for any business to be in. The only way a business will be successful or noticeable according Jordan Sudberg is if it can genuinely make people’s lives easier and happier. The goal of all businesses is to create jobs and provide opportunities for individuals to succeed in their own lives during the time that they are going through everyday life.

Lessons Learned from Business Case Studies

By Article Editor on April 15, 2022April 15, 2022

Lessons Learned from Business Case Studies

Business cases are business-focused research papers that provide real-life examples and case studies to explain a particular business idea. The purpose of business cases is to synthesize research and present the key ideas in a business proposal. Case studies explain specific business examples and the advantages and disadvantages of doing business with a particular company. These two research papers are similar, but they are not identical. A business case is a business-focused research paper summarizing a particular business idea. A business case is a summary of a business idea that provides the reader with the key points of the business idea. Case studies explain specific businesses and the advantages and disadvantages of doing business with a particular company.

1. Time is your most valuable resource

A business case is a business-focused research paper summarizing a particular business idea. A business case is a summary of a business idea that provides the reader with the key points of the business idea. Case studies explain specific businesses and the advantages and disadvantages of doing business with a particular company. Jonathan Osler’s business case for Yum! The brand is a good example of a business case. In his business case, Osler summarized the key points of Yum! Brands’ business idea and explained the advantages and disadvantages of doing business with Yum! Brands.

2. Perfection is the enemy of progress

In business cases, there is often much information that is not directly relevant to the business idea being researched. This means that the reader has to wade through unnecessary text to find relevant information. This can be frustrating for readers looking for specific information about a particular business idea. Case studies are often written by academics, who write in a more academic style than business writers. Case studies often focus on just one particular point, making it easier for the reader to identify key points in the case study.

3. The best way to learn is to teach others

Teaching others is a great way to learn and improve your skills. If you want to learn about a particular business idea, you might want to write a business case or write a case study about that business idea. You can use your own experience as an example to explain the key points of the business idea. If you want to learn about how other businesses operate, you can write a case study about another company you have done some research on.

4. Business cases are more objective and less subjective than case studies

Business cases are more objective than case studies because they are less subjective and more focused on providing information that will help the reader understand the key points of the business idea. On the other hand, case studies are more subjective because they focus on explaining what happened and why it happened rather than just providing information that will help someone else understand what happened. Case studies also tend to be more narrative and descriptive rather than analytical and objective.

In conclusion, Jonathan Osler believes that business cases are an excellent way to write a business case and explain the key points of your business idea. Business cases are more objective than case studies because they provide information that will help the reader understand the key points of your business idea. On the other hand, case studies are more subjective because they focus on explaining what happened and why it happened rather than just providing information that will help someone else understand what happened.

How to Achieve Business Growth

By Article Editor on April 11, 2022April 11, 2022

How to Achieve Business Growth

Business expansion is hard work. Even the most successful organizations face constant pressure to increase production, hire more employees, and expand their market presence. But for many small businesses, growth isn’t a matter of when but rather a question of how.

What is Growth?

Growth is the increase in the size of an organization or business over time. It can be measured in various ways, including revenue, the number of employees, and the area under the revenue curve. However, the most common way to measure growth is via market share. Every year, the sales of a company’s products or services try to increase, and so does the organization’s size. If the products or services aren’t selling well enough to keep up with the increasing demand, the company has enough growth to succeed.

Why Is Growth Important?

Growth is often the result of innovation and changes in business strategy. Companies that can maintain their growth through innovation can achieve more tremendous success than those that don’t. By adjusting how the business is run, a company can increase its market share and increase the amount of money it earns. A growth-certified business will be able to maintain or increase its sales by improving how its products or services are issued or sold to customers.

Jordan Sudberg is an expert in business growth and international expansion, having spent most of his career working with large corporations and international business entities.

As an entrepreneur, he incorporates economic principles into his personal and professional life, teaching the importance of starting small and working hard to achieve success.

How to Achieve Growth

A business must find ways to generate more sales and profits to reach growth. To do this, a company must:

Have a transparent scheme for growing your business.

Have the right products or services to sell in the market.

Have the correct pricing and availability of your products or services in the market.

Have an effective marketing plan.

Banish The Myth of Immune Businesses

The media loves to throw the term “immunized” in connection with business, but what exactly does it mean to be immune from changes in the market? A company is either immunized from shifts in the market, or it is not. If a business exists in a state of constant change, then it isn’t a real business but just some random people sitting in a room together forming a company.

What Are The Benefits of Growth?

Increased revenue: More customers means more revenue, leading to more profit. This can happen even when the market grows slowly or negatively. It’s important to note that profitability does not necessarily mean “more money.” Profitability can also be defined as having “a good day.”

Increased productivity: Companies that grow have more employees, which means they’re more productive. This means that their products can improve the overall amount of goods or services created by all of their employees.

Increased customer satisfaction: Customers of businesses that grow are more satisfied with the products and services that the company provides. Therefore, they may be more willing to continue using the products or services of that business if their demand remains the same.

Increased sales – growth can lead to increased sales by increasing the difficulty of the sales funnel. At the same time, it requires the sales representative to put more effort into their sales presentations and try to close more deals.

Increased brand awareness: Brand awareness is how the general public recognizes a company’s products. It results from many things such as advertisements, company blogs, and podcasts. A high-growth business will have a large enough market to generate enough brand awareness to achieve rapid growth.

Conclusion

Jordan Sudberg believes that growth is just as essential for a small business as for a large company. The most important thing a small business can do to achieve growth is a growth-friendly culture. Employees who actively support development will dramatically improve their performance reviews and company-wide morale. Additionally, having a growth-friendly culture helps attract the right people and can help you attract more clients, potential employees, and customers.

Business Presentation Tools

By Article Editor on April 4, 2022April 4, 2022

Business Presentation Tools

When it comes to creating presentations, there are plenty of tools available, but some are better suited for business use than others. If you are presenting to a client, you will want to use a professional tool that can help you make your presentation as professional as possible. A professional tool will allow you to customize your presentations. For example, you can add your own custom branding. You can even incorporate videos and images into your presentations.

Using a presentation tool can make the process of creating your document easier and faster. Creating a business presentation can be challenging, but with a few tools, you can do the job in no time at all. There are many options to choose from and many different benefits. Some tools include: PowerPoint, Keynote, and Prezi. These can help you create slides and other types of presentations. Some tools will provide you with a white sheet to make your presentation easier to read.

When it comes to creating a PowerPoint presentation, you can choose from several options. You can either use the standard PowerPoint tools or you can create your own. A PowerPoint template will help you create a professional presentation. Other tools may be more appropriate for your business. For example, you can use a photo-editing program to make your images pop. You can also broadcast your presentation on a TV channel, radio station, or website. If you’re looking to improve your presentation, try using Zoho Show.

One of the most popular cloud-based tools for creating business presentations is Visme. This tool follows the no-technological design trend and is great for creating reports, infographics, banners, and product ads. It comes with beautiful slide layouts and supports the “no techno” trend. You can create up to three projects for free and then pay $7 per month. You can share your presentations with other users, and they can be accessed from your website as well.

Other business presentation tools are available for personal use, and you can use them for your own business. You can even share your presentations with contact-based platforms or social media. Some tools will allow you to add videos, links, and other graphics. Once you’ve done this, you can share your presentations with other people using your URL. A business presentation can be difficult to create without the right tools. With these tools, you can easily create beautiful presentations with ease.

Alexander Djerassi explains, if you’re creating presentations for business clients, you can use PowerPoint templates. These are easy to use and come with a wide range of options. There are many different templates to choose from, and you can customize them to your liking. You can even create your own slide layouts with these tools. If you’re presenting to a client, a PowerPoint template will allow you to easily present your product and generate leads. You can also share the presentations with other people.

A business presentation tool that allows you to create videos is an excellent choice for the average business. With this free tool, you can create professional-looking presentations with ease. The free version of Visme lets you upload your videos and images to a video-sharing website. It’s a great option for small businesses. These tools are available to any business owner. These tools can help you make an effective presentation that reaches your target audience.

According to Alexander Djerassi, these tools are useful for small businesses. They can be shared through contact-based platforms or social media. In addition to a business’s website, these tools can be used for various types of presentations. They can be used for any type of business and are available to everyone. They can help you with any type of presentation. The best business presentation tools can help you get your message across in the best possible light. These are the tools that can make presentations more effective.

While PowerPoint is one of the most popular tools available for business, it is not suited for every purpose. It is primarily for businesses that need a presentation that can be shared with investors. The free version lets you send and share documents to your audience, while the paid version can be accessed from any computer or mobile device. You can also use it for sales pitches and investor presentations. It is a cloud-based business presentation tool.

Current Trends in the Business World

By Article Editor on March 28, 2022

Current Business Trends You Should Know Right Now

The business world is constantly changing. New technologies, trends, and approaches to old problems come and go every day. And while many of these changes are highly obscure, others are so omnipresent that they’re difficult to avoid. It can be easy to overlook the effects of current events on your future career. If you’re anything like us, you may spend more time reading about the future than planning for it. The good news is that, while the future is often very unclear, there are plenty of clues about what kinds of jobs are likely to be in demand in the years ahead. Here is a brief overview of the most current business trends that you should know right now, according to Jonathan Osler.

1. Business Model Innovation

The business world is changing so quickly that a company’s “business model” can change within years. The nature of work is changing, as is our relationship with technology. As a result, we see many new kinds of companies emerge, and they are changing the way we do business.

2. Automation and Artificial Intelligence

Robotic and automated workers have been a part of the workforce for several decades. But in recent years, the pace of change has accelerated. Osler, an educator, predicts that, within the next decade, “we will see an era when more and more jobs are automated or highly outsourced to low-wage countries.” Automated technology has already begun to replace human workers in many fields. For example, algorithms now play chess better than humans do. And self-driving cars are already on the road. More advanced robots will be able to perform even more difficult tasks in the manufacturing and service industries.

3. Going from Global to Local

The global economy is changing to make it increasingly difficult for businesses to operate without a local presence. A recent study suggests that it’s more important than ever to know your customers in their native environment. “Whether you’re a small business or a large enterprise, you must be able to adapt to the needs of your customers and the local culture,” says Osler.

4. Social Engagement

“Social engagement is the hottest trend in customer experience. It’s a way of improving the customer experience by engaging the world around you and making your interactions with customers more human.” – Jonathan Osler. Today’s businesses are increasingly competing for customers’ attention on social networks like Facebook, Twitter, and LinkedIn. Customers are looking for companies that are quick to respond to their questions, offer useful products and services, and make them feel good about themselves. That’s why businesses invest in social media training programs to ensure that their employees effectively use these channels. One of the most popular applications for social media is customer service. Social media allows customers to interact directly with companies rather than email alone. The more interaction a company has with its customers, the more likely it will succeed.

The nature of work has changed. The macro trends and the micro-trends in this article have created a new environment for business, and it is important to understand the changing landscape when planning your strategy.

Importance of Business Case Studies

By Article Editor on March 25, 2022March 25, 2022

Importance of Business Case Studies

A business case study is a great tool for demonstrating how you accomplished a goal, how you leverage your resources, and how you can help others to achieve similar results. These case studies are great for engaging your audience and demonstrating your value in the eyes of your potential customers, referral partners, and investors. But what do you need to know about a case study before creating one for your business?

1. You get to tell a story of success

People are more likely to believe you when you can demonstrate that you have been successful in your past endeavors. Creating a case study is an opportunity to show what you have achieved in life and how this has improved your business or personal life. If your business has been growing steadily over the last year, it’s good to include this information in your case study. Dr. Jordan Sudberg states, “A key to success is to have a detailed, specific story that illustrates how you have been successful in the past.”

2. You can show others how you succeeded

If you can demonstrate that your business has had a positive impact on your personal life, you can demonstrate how this could impact their lives too. Showing others how you succeeded in your previous case study is a great way to encourage them to take action and implement the same steps that you used to succeed. Sudberg states, “This is where you can show how your experience in the past can be applied to the current situation.”

3. You can demonstrate your expertise

The key to a good business case study is to demonstrate your expertise and how you can use this to help other people succeed in their endeavors. If you have experience in a particular industry, you must showcase this in your case study. You can do this by highlighting the successes that you have achieved and how this has helped other people achieve similar results.

4. Get information about the client

Business case studies are a great way to engage your audience and demonstrate how you can solve their problems. They are also a great way to demonstrate that you have taken the time to understand your client’s needs. You can do this by including details about the client’s industry and what they want to achieve with your help.

5. You can show how you came up with solutions

Case studies are also a great opportunity for you to demonstrate how you came up with solutions for other people. This will help them see that there is something in it for them too! There is no better way of showing this than creating a case study about an event or problem you faced in the past. By highlighting this problem, it will demonstrate what made you successful and what made other people successful in the past.

Dr. Jordan Sudberg believes that it is important to remember that business case studies can be long and detailed. They are a great way to demonstrate how you were able to help others, but they are not always the best option. You must choose the right audience and the right type of case study. If you are looking for an effective way to demonstrate how you helped others in the past, then a business case study might be just what you need.

Employee Diversity in Business

By Article Editor on March 11, 2022March 11, 2022

Employee Diversity in Business

Introduction

Jordan Sudberg is a medical director and the CEO of Spine and Sports Rehabilitation. According to him, people may experience chronic pain, which interferes with their ability to focus hence interfering with their ability to perform their daily tasks. This usually results from a lack of motivation hence low productivity. He also states that chronic pain is generally mental and thus related to the brain and usually not physical. Therefore he suggests that it is essential to ensure that employees’ diversity is embraced irrespective of cultural background, gender, physical disability, or age.

Importance of Employees’ Diversity in Business

Customer satisfaction

Every business is established and focused on meeting the needs of the customers. This includes their tastes, preferences, and feelings about using the goods or services from a particular business. Therefore with employees’ diversity being embraced, Jordan Sudberg depicts that the customers’ needs are understood since customers may come from different backgrounds, races, or physical needs. They usually feel satisfied when served by those who understand their needs. Therefore, employees should be focused on meeting these needs, which are essential and unique as they vary from one person to another.

Enhance meeting customers’ expectations

Away from needs, customers usually come with inquiries, complaints, or feedback when they use a commodity or get services offered by a particular business. When a business acknowledges the need to embrace employees’ diversity, there are no barriers in the flow of information between customers and the employees in both directions. According to him, communication is streamlined from this diversity, and hence the expectations of the customers from the business, including airing their feedback and complaints, are well heard and understood. This, therefore, prevents negative feelings or impact on customers who are an essential part of the business. This means that customer retention is possible where diversity is embraced.

Innovation

Through diversity, people with different skills, experiences, backgrounds, among others, are brought to be part of the business. Therefore, this allows having a pool of ideas and inputs from these members in matters related to new techniques of production, value addition, or improving the state of the products to meet customers’ needs and specialization and division of labor. This enhances innovation, promoting

the brand name and helps the business product to stand out in the market.

Teamwork

According to him, diversity comes with understanding the industry or the business. This facilitates providing new ideas and strategies to enhance performance and helps identify problems and resolve them promptly. Therefore with solid management, these factors are all coordinated towards the business’s goals and thus enhance teamwork. This means that employees are focused on achieving the business goals as they have a conducive working environment and are guided by the same values.

Conclusion

Jordan Sudberg insists that the management in a particular business needs to understand the importance of diversity and how essential it is in promoting business success. By coordinating such a team and focusing on bringing their input and ideas to its success, the business can thrive by adapting to changes and standing out. In addition, customers’ needs, and feedback are enhanced, promoting business success and sustainability due to streamlined information flow.

Best Business Products of 2022

By Article Editor on February 28, 2022February 28, 2022

Best Business Products of 2022

Businesses are always looking for ways to improve themselves. With new products and services, companies are constantly improving their strategies and product lines. Here are some of the best business products of 2022 so far, according to pain management specialist Jordan Sudberg.

1. AI Tech – Artificial Intelligence (AI) is a technology that machines can use to learn from data, make predictions, and carry out tasks automatically without human input or supervision.

2. Virtual Reality – Virtual reality is a 3D computer-generated simulation that can provide users with interactive experiences to feel like they’re there!

3. Augmented Reality – Augmented reality is similar to virtual reality, except in computer-generated graphics. It also incorporates real-time information such as GPS coordinates of people, buildings, or other objects into the image displayed on the screen.

4. Self-Driving Cars – Self-driving cars are automotive vehicles capable of navigating on their own under certain traffic conditions with no human input required beyond starting and stopping

Technology

Trends for 2022

The following are some of the most popular technology trends that we can expect to see in 2022.

– AI Tech – Artificial Intelligence is already being used in many different industries such as health care, education, retail, and finance.

– Virtual Reality – Virtual reality is relatively new, but you can find everything from gaming to socializing with virtual reality tech.

– Augmented Reality – Augmented reality has been around for a while now, but it’s only recently been used in business settings.

Productivity

One of the best products of 2022 is productivity. With the invention of new technology and methods, people can multitask more efficiently. Productivity will also become more manageable with advancements in smartphones and tablets, with larger screens and better battery life. With these developments, people will complete their tasks faster than ever before.

Home Appliances

1. Robots are man-made machines that can be programmed to perform a wide variety of tasks and functions, including those of menial labor, housework, or artistic expression.

2. Smartphones – Smartphones are mobile devices that use wireless communication technologies such as cellular networks and Wi-Fi connections to send and receive data, primarily on the Internet and other computer networks.

3. Virtual Reality:

4. Self-Driving Cars

Health and Fitness

1. Augmented Reality Headset – Headset uses augmented reality to overlay digital information onto the physical world.

2. Medical Nanobots are microscopic robots that can repair and heal cells by themselves.

Clothing

Clothing tech is a new technology that can make clothes easier and more comfortable. New clothing tech means new fabrics, new types of textiles, and new ways to make clothes more attractive. For example, smart fibers can send alerts about weather conditions in their vicinity so you can be alerted when it’s going to rain.

Smart Glasses – Smart glasses are wearable computer devices that use a mix of sensors and software to perform functions like recording data, checking email, playing games, or watching movies.

Looking to find out what are some of the best business products of 2022 so far?

Here are some of the best business products of 2022 so far, according to pain management specialist Jordan Sudberg.

1. Smart Watch

2. Virtual Reality Glasses

3. Smartphone

4. Smart Hub

5. Vibrating Massager

6. Robot Vacuum Cleaner

7. Smart Desk

8. Smart Plugs

9. Smart Roomba

10. Smart Watch

Building a Proper Business Model

By Article Editor on February 22, 2022February 22, 2022

Building a Proper Business Model

The creation of a business plan does not revolve around writing a proper business plan or identifying the products to be pursued. One is deemed to have created a proper business plan after they map out a technique to create a progressive value for the customers and themselves. The plan has to be detailed and well documented, outlining the projected value of the business. It must provide an in-depth description of the business’s aims, needs, and objectives. Alexander Djerassi outlines some of the steps to form a strong business model.

Establish a Specific Audience

The first step to creating a strong business model is identifying the target audience. What are the people that will be using or purchasing the product or service? Who are they? What do they want? How can you provide it to them? The questions one should ask themselves have to narrow down on the customer’s demographics and common challenges. After identifying the target audience, it is important to ensure that they represent the general population. Therefore, the business model should offer a solution to the general population.

Establish Business Processes

The activities responsible for running the business model have to be precise. The business model should have a process for each step. It must be clear where the business is headed and how the company will get the targeted position. The process should be detailed and well documented. The core role of the business will be key in establishing the various activities that should be involved in the business model. It will also help clarify how the business will be run. According to Alexander Djerassi, some of the business model activities include:

• Product delivery management.

• Customer acquisition and retention.

• Marketing and sales management.

• Finance management.

• Human resources management.

• System integration.

Establish a Financial Model

A business model will not be successful if it does not have a clear financial model. The business’s financial model has to clearly define the cash flows to know what is spent on the various activities. The various activities of the business should be divided into separate expenses so that they can be accurately calculated. The cash flow analysis should identify how much money is used and the profit or loss is generated from each expense. A risk analysis will also help determine what might happen if something goes wrong with the company’s operations.

Identify and Record Key Business Resources

The key business resources necessary for an organization include capital, labor, and information. The capital is the money required for start-up and operations costs in general. In most cases, this refers to money borrowed or raised from investors or other sources. Labor is also a key resource for any company as it can provide the expertise and skills necessary for running a company. Information is also important as it provides knowledge about what needs to be done in effectively running the business model. These should be used effectively to make sure all of the processes are being run properly and efficiently. All the resources have to be properly recorded to uphold the business’ progressive nature.