Wednesday, March 10, 2010

GOVERNMENT POLICY

Government makes the business policy for the welfare of the people and for healthy business environment. Hence before starting the business the businessman should study and know the formalities and government policy relating to establishment, running and regulation of business. The businessman should compulsorily follow such rules and regulations of the government.

Tuesday, March 9, 2010

OFFICE EQUIPMENT

An office is a central place where all sorts of clerical work is done to coordinate and control the affairs of the whole business. For the efficient functioning of an office there is a need for adequate and proper equipment and machines. Office activity is an indoor activity and adequate equipment improves the efficiency of the office staff. They play an important role in the efficient, accurate and speedy performance of the office work.

SELECTION OF STAFFS

Staffs are needed to perform the various works of the business. According to the size and nature of business staffs are selected. The success of business generally depends upon those staffs. Hence capable, experienced and honest staffs should be selected. For this, the businessman has to estimate manpower requirements. So another problem of a new business is to secure adequate staff-both skilled and unskilled.