Many are now considering integrating their systems with real-time business intelligence (RTBI) applications provided as online or cloud-based services. Study three RTBI examples with capabilities that allow mid-size business entrepreneurs to immediately reflect on business realities as they happen.
Thanks for checking out the Business Management topic on Bright Hub’s Entrepreneurship Channel. In this area, you’ll find articles dedicated to all aspects of business management, especially those geared to new business owners and budding entrepreneurs.
Whether you’re looking for information on e-commerce or how to maintain a successful business during a recession, you’ve come to the right place. We’ll also cover such topics as inventory control and running a family business as well as give tips for starting various types of businesses.
Business owners need to be very aware of their bottom line. This means understanding the differences in what they pay for an item, what the item is sold for and what their end profit will be. While these calculations may get rather complicated, this is a necessary function of ensuring profitability.