Over 10 years we help companies reach their financial and branding goals. Maxbizz is a values-driven consulting agency dedicated.

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ABCD of Business

BUSINESS PARAMETERS, AN ENTREPRENEUR SHOULD BE FAMILIAR WITH

PERSONAL PARAMETERS, REQUIRED FOR BEING A SUCCESSFUL ENTREPRENEUR.

A

  • Accounting Procedures
  • Automated Business Process.(Auto Pilot Mode)
  • Advance Tax.
  • Advertising.
  • After Sales Service.
  • Annual Maintenance Contracts.
  • Ansoff Matrix.
  • Assets. List/ Management/Corporation Taxes.
  • Asset Documents Maintenance.(Rental Agreements etc..)
  • Ability.
  • Adapting To Technology/Current Trends.
  • Affirmation.
  • Agility.(Ability to Move Quickly and Easily).
  • Appreciation.
  • Attitude. (Positive).
  • Assuming Responsibility.

B

  • Bad Debts.
  • Bills Payable. (Payment on Time).
  • Balance Sheet.
  • Bank Passbook Synchronization.
  • Bank Interest Negotiations.
  • Bonus.
  • Borrowings.
  • Bottleneck Identification & Management
  • Brand/Branding.
  • Break Even Point.
  • Brochures/Pamphlets.
  • Budget/ Budgeting.
  • Business Model (Canvas).
  • Business – As a Science.
  • Belief System.

C

  • Capital Employed.
  • Career Ladder Chart.
  • Cash Flow/Cash Management.
  • Cash Credit.
  • Check Lists.
  • Clarity of Roles.
  • Cleanliness in the workplace.
  • Collaboration/Competition
  • Commitment.
  • Competition.
  • Cross Learning.
  • CC TV.
  • Chartered Accountant (Choice & their Roles).
  • Compliance.
  • Cost of Goods Sold.
  • Creditors Management.
  • Culture of the Organization.
  • Control Measures.
  • Core Business (To Focus On).
  • Costing/Cost Control.
  • Customer Identification/ Acquisition /Satisfaction/Delight/ Retention /Care.
  • Communication Tools.
  • Credit Note/Debit Note.
  • Consistency .
  • Credibility.
  • Continuous Learning.

D

  • Dedication
  • Daily Profit /Weekly/Monthly Profit.
  • Daily Performance Report. (End of the Day Report).
  • Data Base of the Customers/Vendors with Variable Price Charts.
  • Dealership Agreements/Area Allocation.
  • Dealer/Distributor Channels planning.
  • Debtors & Management Policies of Credit Sales.
  • Delegation Sheet.
  • Digital Marketing.
  • Discount Structure/Contribution.
  • DIVERSIFICATION. (Horizontal – Backward /Forward/Vertical)
  • Drawings from Capital.
  • Duty Drawbacks/Incentive Schemes.
  • Driving License of self and staff (Current).
  • Deep Sleep.
  • Desire.
  • DOSE/CORTISOL.

E

  • ECGC.
  • ETHICS IN BUSINESS.
  • E Commerce.
  • E Filing of GST Returns.
  • Electricity Consumption Monitoring.
  • E Marketing.
  • Employee Assessment.
  • Employee Welfare Measures.
  • Empowering Sub Ordinates.
  • EMI On Loans.
  • Enterprise Resource Planning. (ERP).
  • ENTREPRENEUROLOGY.
  • Ergonomics.
  • ESI.
  • Exhibitions/Trade Fairs – Participation.
  • Expenditure Control.
  • Export Potential / Export Marketing.
  • Emotions In Business (Emotional Intelligence)
  • Exercise (Physical Exercise/Workouts)
  • Execution.

F

  • Feedback from the Customers/Market.
  • Finance (Own Funds/Borrowed Funds).
  • Financial Ratios.
  • Filing Systems.
  • 5 S.
  • 5 Second Score Card.
  • 5W 2H.
  • 5 WHY s
  • Fixed Cost.
  • Franchisee Agreements.
  • Forecast.
  • Freight Calculations/Management (River).
  • Fund Flow.
  • Funding.
  • Furniture List.
  • 5 AM.
  • Forgiveness.
  • Focus.

G

  • Govt. Schemes/Subsidies/Incentives.
  • Godown (Safety & Security).
  • Google Business Management.
  • Grievance Redressal. (Employees/Customers).
  • GST Provisions.
  • Goal Oriented.
  • Goal Setting / Goal Planning System.
  • Gratitude/Gratitude Journaling.

H

  • Harmonious Relationships.(with Customers & Staffs.)
  • Hiring/Owning.
  • Honoring Commitments.
  • House Tax.
  • Hiring / HR Policies.
  • High PAYOFF ACTIVITIES.
  • Honesty.
  • HR Practices/Management.

I

  • Implementation.
  • Incentives.(Sales / Staff ).
  • Income Tax Provisions.
  • Innovation in Products/Processes.
  • Insurance. (Vehicles/Personal/Stocks/Buildings).
  • Interest ( Bank/Private).
  • Internal Audit.
  • Internal Stock Audit.
  • Inventory Management Systems.
  • Investment Management.
  • Ikigai.
  • Innovative Mindset.
  • Integrity.
  • Intelligence.
  • Involvement.

J

  • Job Description
  • Just in Time. (Purchase).

K

  • Knowledge / Knowhow ( in the Current Domain).
  • Kaizen. ( Continuous Improvement).

L

  • Labor Laws.
  • Learning.(Continuous Learning)
  • Lean Management.
  • Learning New/Updation.
  • Legal Advisor.
  • Legal Compliances.
  • LIABILITIES.
  • LIC Policies/Premiums/Maturity.
  • Logistics Planning.
  • Listening Skills.
  • LOYALTY TO CASH BOX.

M

  • Machinery Lists.
  • Maintenance(Machinery/Vehicles – Periodical).
  • Marketing – Digital.
  • Morality.
  • Marketing - Strategy.
  • Market Survey/Intelligence.
  • Master File.
  • MISSION STATEMENT.
  • Monthly Balance Sheet.
  • Master Business Health Check up.
  • MENTOR.(Must).
  • Methodology.
  • Manifestation
  • MEDITATION.

N

  • Networking.
  • NETWORTH.
  • Nominees Confirmation.
  • Non Performing Assets.
  • Non Moving/Slow Moving Stocks.
  • NO STRESS.

O

  • Online Marketing.
  • Outcome Based (Performance.).
  • Over Draft (OD).
  • Overheads (Indirect Costs).
  • Out Sourcing (Other than your Core Areas).
  • Openness.
  • Orchestration.

P

  • Packing/Packaging.
  • Pareto Principle. (80/20)
  • Partners (Choosing) Compatibility.
  • Passive Income.
  • Payment On Time.
  • Performance Appraisal.
  • Personal Finance Management.
  • Petty Cash Management.
  • Pilferage (Theft) Management.
  • P & L Account.
  • Presentation.
  • Preventive Action/Corrective Action. (PACA).
  • Pricing.
  • Process Excellence.
  • Product Excellence.
  • Product Improvement.
  • Production Planning / Scheduling.
  • PROFIT.
  • Provident Fund.
  • Passion.
  • Physical Fitness.
  • Positive Self Image.
  • Priorities (Setting)
  • Punctuality.
  • Purpose Vs Goal.

Q

  • Quality Maintenance / Control.
  • Quantification.
  • Quiet Work Place.
  • Quick Replies.
  • Quotations / Follow Up.
  • Quotation Format
  • Quiet and Tranquil Mind.

R

  • Ratios.
  • Responsibility Based Work Schedule.
  • Receivables.
  • Reasons / Results.
  • Recruitment Policies.
  • Rest / (Reasonable).
  • Rents to be Given / Received.
  • Rental Agreements.
  • Reports / (Progress Reports).
  • Reporting.
  • Review Standards / Meetings.
  • ROI.
  • Root Cause Analysis.
  • Responsibility (Assuming Vs Accepting).

S

  • Safe Workplace.
  • Script Writing.
  • Salary.
  • Sales.
  • Security.
  • Signature Culture
  • Skill Development.
  • Spares Planning.
  • Standard Operating Procedures.
  • Statutory Provisions / Holidays.
  • Stock Maintenance / Monitoring.
  • Strategy.
  • SWOT Analysis.
  • Seat Belt (in Cars).
  • Sentiments (Avoidance)
  • SILENCE.
  • Street Smart.

T

  • Tally.
  • Transparency.
  • TDS.
  • Telephones.
  • Testimonials.
  • Time Management / Time Chart.
  • To Do List / Dairy.
  • Top 5 Buyers / Suppliers / Staffs
  • TQM / TPM.
  • Tracking.
  • Trade Mark.
  • Trade- offs.
  • Training (Investment).
  • Task Centered & Not Time Centered.
  • Thinking Time.
  • 2W 2 H & R

U

  • Unique Selling Proposition.
  • Uniqueness.
  • UPS.
  • Updation.

V

  • Values (Core).
  • Variable Cost.
  • Vehicle Insurance / Periodical Maintenance.
  • VISION STATEMENT.
  • Visual Control Charts / Systems.
  • Visibility.
  • Visualization.

W

  • Water Tax.
  • Website.
  • Whatsapp and its New Applications in Business.
  • Wholesale / Retail/Supply Chain Management.
  • Win – Win Goals.
  • Withdrawable Profit.
  • Working Capital Management.
  • WORKPLACE MANAGEMENT (LINE PRODUCTION)
  • Working on the Business and not in the Business.

X

  • X RAY – Ability to Decipher Financial Reports.

Y

  • Yield Management – (Variable Pricing Strategy, e.g Online Hotel Room Booking)

Z

  • Zero Defect – Reducing Defects through Prevention.