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Related Tag Articles: business growth
Offline Data Mining Strikes Gold
07 June 2010
You'll often hear the term "striking gold" associated with data mining. Just as gold miners received information about a patch of land and went in with their shovels hoping to strike it rich, data mining deals in relatively the same way. The process is becoming popular for businesses of all types, and if done right it can be an extremely low-risk, high-reward process.Basically, data mining is the process of discovering and analyzing data from different perspectives. Once data is compiled and analyzed, it is then summarized into useful information for a business. The result, hopefully, will help to cut overhead costs, increase revenue and be an all-around tool for business improvement. In a sense, you can think of data mining like election polling. With a strong sample group of voters, proper analysis can paint a picture of who's going to win the election. If you'll notice, however, there's a catch in this process. A person (statistic) would have to be present within a field in order to give a result i.e. a voter would need to be polled instead of a random person.
Tags:
marketing,
communication,
business growth,
business improvement,
macro economics,
accounting,
Posted in: Business Planning, Use of technology, | Comments (1)
Posted in: Business Planning, Use of technology, | Comments (1)
Will Floating on the Stock Exchange Tie Your Firm Down?
26 May 2010
A lot of businesses decide to venture into other areas of potential earnings once they're established and doing well. Many men and women around the globe specialize in taking things to the next level in terms of stock market options. Many more, however, are run-of-the-mill businesspeople and are not fully aware of the stock exchange's implications.If you're planning on floating your business on the stock exchange, what exactly are you in store for?In simple language, floating on the stock market simply means you have sold a percentage of your business as shares. The London Stock Exchange is usually dominated by larger firms choosing to go this route, while AIM (Alternative Investment Market) and PLUS are around for smaller companies wishing to go the same route.
Tags:
stock market,
stock exchange,
business growth,
Posted in: Business Planning, Financial Planning, | Comments (0)
Posted in: Business Planning, Financial Planning, | Comments (0)
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