The Raffles Group wasn't always this full corporate business providing full-scale accounting, consultancy as well as assurance services to clients across the globe. It started from humble beginnings in 1987, starting from just one bookkeeper rendering secretarial services to its clients. This was just prior to the global gush of the business process outsourcing (BPO) industry. Now, Raffles Group also continues to build careers in financing, consultancy, secretarial, among others.
You will find a lot of immortal brands of bakeshops today. But were you aware that they started out as hobbies of the entrepreneur? This is not unusual at all. In due course relatives as well as friends noticed it. A "what if" or "why not" question subsequently brought the idea to the business limelight - "What if you set up a business to earn?" or "Why not earn while doing this hobby?" Personal skills and hobbies are excellent sources of business ideas.
Personal hobbies in addition to talents translated to profitable business ventures bring to light a life-long process of self improvement toward success for the proprietor as well as his or her immediate family members and relatives. Moreover, it also offered a chance to earn a living for them. A perfect way to establish generations of predominantly positive psychological attitudes!
The business process outsourcing (BPO) industry offers excellent alternatives in accounting services. It is a novelty idea that creates desirable income for a host company, while bringing major savings to a lot of other client companies. In addition, improved efficiency results regardless of the place where the host company resides. Focusing on the core expertise of one company and outsource other non-core features is an advantage of BPO.
One more area of the BPO industry is business financing, the scientific study of time, money and risks, and how they are interrelated. It usually includes loans where interest is charged against the borrower. A third party, typically a bank arranges for this transaction, putting a bigger margin over the interest the lender requires of the borrower. The differencedistinction is the bank's gain.
You will find a lot of immortal brands of bakeshops today. But were you aware that they started out as hobbies of the entrepreneur? This is not unusual at all. In due course relatives as well as friends noticed it. A "what if" or "why not" question subsequently brought the idea to the business limelight - "What if you set up a business to earn?" or "Why not earn while doing this hobby?" Personal skills and hobbies are excellent sources of business ideas.
Personal hobbies in addition to talents translated to profitable business ventures bring to light a life-long process of self improvement toward success for the proprietor as well as his or her immediate family members and relatives. Moreover, it also offered a chance to earn a living for them. A perfect way to establish generations of predominantly positive psychological attitudes!
The business process outsourcing (BPO) industry offers excellent alternatives in accounting services. It is a novelty idea that creates desirable income for a host company, while bringing major savings to a lot of other client companies. In addition, improved efficiency results regardless of the place where the host company resides. Focusing on the core expertise of one company and outsource other non-core features is an advantage of BPO.
One more area of the BPO industry is business financing, the scientific study of time, money and risks, and how they are interrelated. It usually includes loans where interest is charged against the borrower. A third party, typically a bank arranges for this transaction, putting a bigger margin over the interest the lender requires of the borrower. The differencedistinction is the bank's gain.
No comments:
Post a Comment