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Showing posts from May, 2016

Fulfilling your philanthropic responsibilities

Hello readers, hope you are good. I will be writing about you yes you fulfilling your philanthropic responsibilities. A business should not only focus on economic or legal or ethical responsibilities but should also focus on giving back to  their communities, their nations and much more. Some businesses overlook this responsibility, but it should not be overlooked. When a business fulfills its philanthropic responsibilities it pleases Allah and when He is pleased with your business, your business get blessed.
Philanthropic responsibility could range from a business donating a school to the government, or books to pupils or much more. It could also mean allowing customers to return their goods back if they are not satisfied with it, or giving customers enough time to pay the debt they owe you without putting pressure on them. It could also mean letting go of debt if a customer is finding it difficult to pay.
At the end of the day, when your business fulfills it philanthropic responsibili…

Nuiz of the day

Consumer spending has increased in USA in recent times. It increased by 1% in April from March. Best increase since August 2009.

How to make your products unique

Hello readers, today I will  be looking at qualities that can help you differentiate your products. When products are differentiated it helps you stay competitive in the business market. Qualities include
High Quality The quality of a product can contribute to the differentiation of the product. The way a product can be of high quality is to make sure materials used for the products are of high quality, presentation is also key (the packaging of the products must be unique). 
Awareness After products have been carefully created with high quality materials, it must be made know to potential customers. If potential customers do not know about the products then how will you be able to sell them, Qualities of the products must be made known to your target market, this will help them understand your products better.
Customers The business can cultivate an habit that will promote referrals through customers. Word of mouth is very effective, most potential customers will take the word of mouth ove…

Best places to eat in Ireland

Hello readers, I hope you are good. So today I decided to write about some restaurants in Ireland.

Ambala Authentic Asian Food The Asian restaurant is located in Dublin. They serve both Pakistan and Indian food. They also serve desserts. The restaurant is also certified as halal.
El Bahian Moroccan Restaurants
This restaurant is located at the centre of Ireland.  They serve halal moroccan  dishes.
Madina Desi Curry Co.
This restaurant is located on Mary Street. It has 3 kitchens, the BBQ kitchen, Curry kitchen as well as pure vegetable kitchen. Thus, several dishes are being served at the restaurant.

Soup and  Noodles
This restaurant is also located in Dublin. It sells several types of halal dishes. It offers fusion dishes at good prices. Dishes look attractive.

Halal means anything lawful Islamically.

Keep checking out my blog regularly. Cheers!








Nuiz of the day

A development might occur in Switzerland, as it is will be holding a national referendum to determine whether its residents (adults) will be allowed to have an after tax income of at least 2500 Swiss francs. Residents (adults) earning lower than that will be given an amount to make their total after tax income equal to that and the unemployed residents (adults) will be given this amount in full monthly.Children are also going to be considered, however, they will be looking at 625 Swiss francs.

Accounting for small businesses

Hello readers, today I will be writing about accounting for small businesses with a specific focus on book keeping. A business must have an accounting procedure to ensure that its income and expenses are monitored promptly as well as its assets and liabilities. Basically, a small business will be required to carry out book keeping procedures, as well as, preparing financial statements for the year. Tax calculations must also be carried out for official purposes, after that being said I will be focusing on book keeping.
Book Keeping is the recording of the daily financial transaction of a business. Transactions include revenues, assets, expenses and liabilities. I will be writing briefly about the double entry principle, I do not want to turn this it into accounting class.According to the double entry principle, for every debit entry there must be a corresponding credit entry and vice versa. An increase in assets and expenses must be debited, while an increase in income and liabilities …

Nuiz of the day

General Electric is planning to invest $1.4 Billion in Saudi Arabia. This will create 2000 new jobs. GE has been operating in the country for 80 years.

Nuiz of the day

Image courtesy of Salvatore Vuono at FreeDigitalPhotos.net In the UK, the cost of flying has dropped as well as the cost of clothes which made the consumer prices index drop from 0.5% to 0.3%. The consumer prices index is used in Britain to measure inflation. So we can say that the inflation in the UK has dropped.

Benefits of ethical responsibilities in business

Hello readers, today I will be writing about ethical responsibilities. These days some businesses are concerned with the legal implications of their decisions without considering the ethical implication of the decision. Whether they deem it wrong or right ethically as long as it is not supported by law they ignore the ethical implications.

At times businesses make decisions that may affect a group of stakeholders negatively because there is no law that governs such decisions, they able to rationalize it because they are far away from the stakeholders they cannot see the implication that it will have on those stakeholders. 

Personally, I will say you should be ethical in business whether or not its protected by law or it comes with benefits or not. However, the benefits of being ethical are explained for those that do care about ethical responsibilities.
- Another thing is it could backfire, you may say let us use this very inferior quality to make this product and sell it 50% above cost …

Nuiz of the day

Image courtesy of Salvatore Vuono at FreeDigitalPhotos.net
The use of Debit cards has increased by 100% in Ireland as a result of increasing the limit of its contactless form of payment from €15 to €30.

Dealing with account receivables faster

Hello readers, are you having difficulties collecting your account receivables from customers? If yes, this post is for you. For those that do not know what account receivables means, it is the money owed by a customer to an organisation after goods or services has been supplied without the customer paying for it. So how do you get the money on time?

- First of all , the quality of your products (good or services). It should be of an excellent quality. Customers would not like to lose an efficient and effective supplier. So if your work speaks for itself they will be willing to pay on time.

- After that being said, you will still have some customers that will not pay on time even if you deliver excellent products, it could be as a result of the culture of the environment your business is domiciled in. If that is the situation, then you will have to offer incentives like you could get your next purchase delivered to you for free. if you pay on time as well as let them know there for late…

4 Affordable hotels in USA

Hello readers, just in case you will be travelling to these parts of USA. Here are some affordable hotels. You have to book them in advance in order to get good prices.

Home Town Suites Columbia This beautiful hotel is located in Columbia, USA. It offers self-contained accommodations with a well equipped kitchen. Prices are also affordable with studios starting from $51 per night. It has a fitness centre.


Knight Inn Jacksonville This hotel is 10 minutes away by car from Jacksonville International Airport. They have a sun terrace near a  pool were you can just sit and relax. They also provide fax and photocopying services. Prices start from $32 per night. This hotel is located in Jacksonville, Arizona, USA.
Quality Inn Phoenix Airport The rooms in this hotel are equipped with microwaves and refrigerators. It is close to Sky Harbor International Airport and the hotel provides a free airport shuttle service. It has a fitness centre. Prices start from $44.79  per night (Breakfast Included). It …

Nuiz of the day

Image courtesy of Salvatore Vuono at FreeDigitalPhotos.net
In February (2016), Deloitte announced that it acquired the advertising agency Heat. Heat will now be expanding by opening an office in New York this coming June.

Some Discounted items!!!

Hello readers, so I have some special offers for you. You might actually need one of them



This Iqua tech wireless Bluetooth speaker used to be priced at £89.99 but at the moment it is going for £29.50. The deal sounds good. You should pick it up if you need one. It comes in three different colours.



This Mpow Wired Earphones is going for £25.99, if you hurry up and buy it within 1 hour you can get it for £14.59. It used to priced at £32.99.



This Mpow Upgraded Streambot Z In-Car Wireless Bluetooth used to priced at £39.99, it is now going for £24.99. If you hurry up and buy it within one hour you can get it  for £19.99.



This health sense kit is going for 27% below its usual price. It used to costs £109.99.


This USB used to be priced at £32.99, however, it is now going for £20.99. You should pick it up if you need one.

Remember no impulsive purchases, purchase them if you need them. Keep checking out my blog regularly. Cheers!

Nuiz of the day

Image courtesy of Salvatore Vuono at FreeDigitalPhotos.net
According to JP Morgan, an investment in India this year will be a good idea, as it is the fourth largest economy and they are growing faster than China. They also advised that experience, expertise and understanding will be the key to a successful investment in India.

Investing in Amethyst

Hello readers, today I will be writing about Amethyst. This is a rare stone, it is cheaper than other gemstones, which makes it easier to invest in. Over a period of time the stone appreciates and you are able to make profit from it. Its price always goes up but before you go about investing in Amethyst. You should know this, make sure you buy the stone from primary sources rather than wholesalers or secondary sources. It is cheaper than way and you will be sure the stone is authentic.

You must buy it from a certified gemologist. Buying the amethyst in bulk will be preferable. However, an investment in only one stone will still appreciate in value over a period of time.

Prices of this Amethyst ranges from $8.13 to $58.86 per carat. The deeper the purple colour, the more expensive it is. The value of the Amethyst appreciated by 89.1% from 2006 to 2016. If you have the capital to tie down you can invest in it and it must be a long term investment for you to yield the adequate profit. Make…

Nuiz of the day

Image courtesy of Salvatore Vuono at FreeDigitalPhotos.net
The U.S dollar has appreciated in value, which suggests a growth in its economy.

Forward thinking...

Hello reader, are you stuck in the past? Now is the time to start thinking forwardly. Backward thinking is a no no. To be successful in business you have to be a forward thinker. According to the Cambridge dictionary it is the planning for the future and not just the present. After that being said, when you make a mistake in business, rather than getting stuck on it, pondering pondering and pondering over it again (backward thinking) why not see it has a learning opportunity (forward thinking). Look at the mistakes you made, think about the amendments that can be done to them and apply it to your new tasks. Learn from all experiences whether good or bad and keep applying what you have learnt to your new task.
Qualities of forward thinking

Planning 
Basically, in order to execute a business task efficiently and effectively you must first have a plan. Without a plan to help you set the steps you will be taking to achieve your goals, there will be a higher probability of failing the task. M…

Nuiz of the day

Image courtesy of Salvatore Vuono at FreeDigitalPhotos.net
Air India is likely to make profit in the year 2019 as opposed to their initial plan of 2022. This improvement occurred as a result of cheaper fuel as well as an improved strategy on their own part.

Islamic trade financing for exporters and importers

Hello readers, today I will be looking at Islamic trade financing. Individuals that do import and export goods can benefit from this article. Today I will be talking about letter of credit.
Letter of credit This is perceived as a fee based service provided by the bank to promote a trade between a buyer and a seller. The letter is issued by the bank to assure the seller that a payment will be made to him/her on behalf of the buyer after the seller must have provided some documents and of course delivered the goods. The bank can make payments using this form, the form is discussed below:
-The buyer will depositing the full amount of the transaction into the bank assuring the seller. After the goods must have been delivered and the documents needed has been provided by the seller, then the bank will make payments to the seller using the money of the buyer. In other words the bank acts as an agent of the buyer. However, the buyer will be charged a fee for the service.
Keep checking my blog re…

Nuiz of the day

Image courtesy of Salvatore Vuono at FreeDigitalPhotos.net

President Muhammadu Buhari (Nigeria) has approved a budget of 6.08 trillion naira . The budget was influenced by the oil price ($38 per barrel), which is lower than the actual price ($40 per barrel). Some individuals believe it will lead to some positive transformation in Nigeria.

Affordable places to eat in Nigeria

Hello readers, today I will looking at Nigeria. If you plan to visit the country soon, this article will be useful to you or if you reside there you might gain a thing or two, probably if you just want to spend some time with your family or friends. Restaurants I will be mentioning are reasonable priced and they will give you the best of experience.

Cactus This restaurant is located in Victoria Island, Lagos. I can personally tell you that they have the best cakes, yeah cakes. I am assuming their pastries will be good. They also sell burgers, wraps, rice dishes and the likes. Dishes are priced between $15 to $34.
Grills in and out
This restaurant is located in Lekki Phase 1, Lagos and Wuse 2, Abuja. Definitely, from the name of the restaurant you can infer that they sell grilled dishes, yeah from grilled chicken to grilled beef to grilled fish, they definitely come with side dishes. Menu looks good. Dishes are priced between $10 and $18.


Jevinik Restaurant
This restaurant is located in Ikej…

Some Discounted items!!!

Asda
Persil Small and Mighty (Non Bio 60 Wash 2.1 L Real Price : £13 Discounted Price: £6.50
Co-operative
Colgate Max Fresh Manual Toothbrush Real price: £2.99 Discounted Price: £1.49 Offer ends on 17/05/2016
Iceland
Blueberries Extra 100% included in pack, going for £2
Lidl Oakland Wild Rocket 70g Real Price: 79p Discounted Price: 39p
Morrisons
Lenor Spring Awakening Fabric Conditioner 44 Washer 1.1L Real Price: £3.37 Discounted Price: £1.50 Offer ends on 29/05/2016
Sainsbury
Fairy Lemon Dishwasher Tablet Real Price: £13 Discounted Price: £10
Tesco Lurpak Lighter Slightly Salted Spreadable 500g My favourite for today
Iceland
Weetos by Weetabiz Real Price: £2.98 Discounted Price: £1.49
Keep checking out my blog regularly, Cheers!

Nuiz of the day

Image courtesy of Salvatore Vuono at FreeDigitalPhotos.net
After making a loss of £72 million in their last financial year. Sainsbury bounced back with a whopping pre-tax profit of £548 million.

Is depression stopping you from achieving your financial goals?

Everything in this world is spiritual, while some individuals accept it some individual prefer to differ. When you work hard to take care of your overall well being, then if Allah thinks you deserve it you will be blessed with it. First of all, you need a good relationship with Him, the better the relationship gets, the better you will get emotionally and mentally. The better the relationship gets, the more you will stay away from actions that can lead to consequences that could cause depression. As such in addition to a good relationship with Allah, carrying out righteous deeds will help you get stronger emotionally and mentally.
You also have to take good care of your well being. This includes proper diet (balanced diet, fruits and water), adequate exercise and adequate sleep. You also have to develop a positive way of thinking, always get adequate proof before you accept a negative thought, learn to let go of the little things, no one is perfect. For example, he entered the office a…

How to stay competitive in a mature industry

Hello reader, hope you are good! So today I will be looking at mature industries. Basically, I will be letting you know how to compete in a mature industry. Majorly, according to my research multinational companies use bureaucracy to maintain efficiency which contributes to their competitive advantage and most of them are in the mature industry. Companies like that are able to achieve efficiency through the division of labor, standardized job responsibilities and a clear management structure. Basically, they use the principles of bureaucracy to guide their actions. 4 principles of bureaucracy will be discussed below.
"- Principles of Bureaucracy
Structure of the business
Within a bureaucratic structure, senior colleagues are given the authority to control junior colleagues, thus each level can control  any level below it.
Rules and Regulations
Bureaucracy encourages uniformity amongst all staff, thus rules and regulations made by the most superior colleagues must be implemented at all…

Nuiz of the day

Image courtesy of Salvatore Vuono at FreeDigitalPhotos.net
Apparently, 2000 Irish companies were able to raise €25.9 billion in 2015 using invoice finance, which is an increase of 2% when compared with 2014.

Some Discounted Items

Hello readers, so summer is around the corner, no wonder some fashion stores have stocks on sale. So I will be looking at 3 stores today
Embroidered Top
This top is being sold at H&M, it used $29 but it's now going for $14.99. It comes in various sizes.
Lara Wool Look Parka


This coat is going for £20, it used to be £50. It is available for sale at boohoo.com. Unfortunately the only size available is £10.

Monochrome Check Top
This top used to costs £24 and it is now going for £12. They have size 6 - 12 of each top. Its being sold at Top Shop.
Keep checking my blog regularly. Cheers!