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Posts Tagged ‘Business Tips’

Business when it comes to artificial intelligence, the term usually relates to complex technological processes, robotic or exclusive jurisdiction of sectors closely linked to the scientific field.

However, this perception is not correct. For the professor of the University of Applied Sciences (UPC), Fernando Jimenez, there are countless areas of application for this technology, including business.

“Robotics and fields of science are not exclusive. The artificial intelligence is applied in electronics, automotive engineering and the business world, especially in marketing,” he said.

In this sense, Jiménez explained, by way of example, the use of this advance in the management of investment portfolios through the development of systems which have the ability to make decisions, to classify or recognize information and predict the behavior of a market, for example, the stock market.

“A financial institution could observe the behavior of a portfolio of clients and analyze and even classify according to their risk level. In this field, artificial intelligence also plays an important role,” he said.

The specialist added that these are essentially the modern ways of injecting intelligence in products, processes and projects. “The artificial intelligence complements any action that makes the human being to make the process more predictable,” he said.

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According to the 2011 Survey on Disaster Preparedness in SMEs, conducted by Symantec, computer security companies, the cost of not being prepared is high, putting the company’s operations at risk.

According to the survey, not only downtime can cost to SMEs in Latin America up to 12 thousand 250 dollars a day, but can cause them to lose customers or to the closure of the company.

The survey was conducted around the world and included over 1.840 respondents from 23 countries, among which are: Argentina, Brazil, Chile, Colombia, Costa Rica and Mexico. The results show the main trends on this issue in the companies surveyed in Latin America.

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Self-employment captures the imagination of many people tired of spending more time traveling to get to work in the company of loved ones. Although working without fixed schedules and report to a boss can be perceived as romantic, reality is often far from the original dream.

1. Prepare an emergency fund. Be prepared and do a reserve fund and giving a monthly amount when you spend replacing it.

2. Prepare promotional material. Depending on the nature of their work will be necessary to show something to the potential customer. An alternative, if you have a laptop, is to have the presentation loaded locally, if not connected to the internet when you see your client.

3. Home office. If you choose to labor at home try to give credible professional image and separate family and work, furnish the workspace best. Another alternative is to share office or rent one for hours, which also gives you a different physical address private.

4. Do not accept every job that comes along. When we started to work on our own, the temptation is to take each work presented. That can make us see overwhelmed by a lot of unprofitable task and leave us vulnerable to abusive clients.

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Betting on job satisfaction is something that in recent years has been giving more and more strength. Several investigations show that this is closely related to productivity, organizational climate, that is, the more satisfaction at work, the greater the likelihood that productivity and increase organizational climate.

Conversely happens with absenteeism and turnover, which tend to diminish the extent that satisfaction is higher. Hence, many companies are showing interest to emphasize or even a place on lists of best companies for labor.

Some would say that at other times a good cry and ability to command were sufficient for people to do their jobs effectively.

However, organizational consultant for the consultancy Profile, Gisela Medina, it is important to be aware that socio-economic changes bring new paradigms.

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Market research
Another common prior business activity is to conduct a market study with rigor. Again, whether it is the entrepreneurial team who carried out this activity as if you hire “professionals”, the cost can be high indeed travel, surveys, time and research and development costs, etc.

Should identify and evaluate as far as possible these business costs, it is possible that these activities will be reached prior to the decision, even of not launching the project. A rough preliminary assessment, will give the entrepreneur an idea of the “first minimum bet” to be carried out before embarking on the “final bid.”

Company Constitution
Once it is clear what the product or service that will be developed will require a “framework” law from which to develop this activity. Whether either personally through a society will have to constitute the company.

These procedures have a cost, sometimes important in relation to the size of the project. Should be taken into account, it is one thing that we believe are unnecessary or useless red tape and another thing is that they are free.

Whether these procedures are performed by the entrepreneurial team itself and if you hire a professional to its management can represent a significant expense, both in money and time to be taken into account in the cash-flow forecast for the first stage of the business ( and implementation schedule).

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Once the entrepreneur has given a few turns to her idea and begins to believe that the thing can get to work is one of the more doubts you can mislead to the point of abandoning the idea.

The question is: How much does create this company?
In fact, behind the question of how much it cost to create a company hiding several different questions, complex and high, too important to respond to the light. In essence, the entrepreneur or entrepreneurial’re wondering:
* How much money do I have to “mobilize” in the project?
* If I have enough money saved, how I can get the rest?
* And, if this goes wrong, how I can reach a maximum loss?

Too many questions without an exact answer. The most sensible way to address this issue is, as always, to simulate in the Business Plan the implementation of the project, with various means if you can, and try to calculate the maximum accuracy the economic cost can represent.

Stages in the Creation of Enterprise
Imagine, therefore, that the entrepreneur decides to take the project forward without money problems. What steps would to start the company?.

It is likely that the idea needs to be validated, even partially, in the form of a prototype. We will have to do a little market research. Maybe take some license or registering a trademark. Of course, to give legal form to the project. And rent a place?, “And hire someone?, Etc, etc.

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