Author Archive
Passive Income Online Business
Passive income is an earning received on a regular basis, with a little bit effort required to maintain it.
In the offline business, passive income does not require direct involvement and materially participate from the owner or merchant to maintain the business. Already established systems running the business.
Automation Online Business
In the offline business, automation is the use of industrial control systems with applications of information technology to control industrial machinery and processes.
The goal of automation in the offline business is to reducing the need for human intervention, so that it can minimize human error, physical requirements of work, mental requirements, human sensory and pressing [...]
Market Share Online Business
Market Share is the percentage or proportion of the total available market or market segment that is being serviced by a company that can be expressed as a company’s sales revenue divided by the total sales revenue available in that market or as a company’s unit sales volume in that market divided by [...]
Business Operating Cost
Operating costs are the recurring day to day expenses which are related to the operation of a business. In this case, offline business and online business in the normal business operations. Also called operating expense, operating expenditure, operational expense, operational expenditure, opex. Sometimes called non-discretionary budget.
Supervision
In the offline business, as an employee, you will be working for other people, in supervise other people. Let’s say Supervisor. As an employer, you need employees who tend complaint about salary, working hours, the demand for additional welfare, threatening strikes. Your employees will be working on working hours, beyond that will require over [...]
Standard Operating Procedure
Such as that discussed previously, in the offline business, you and your employees or you, your colleagues and your boss must comply with Standard Operating Procedure that have been agreed.
Workplace and Working Time
In the offline business, employees are usually working in the office location. But sometimes for a need certain employees to work outside the office location. For example, when employees must work at client locations, employees are traveling or even employees who are assigned to work at home.
When You Get Your Payment ?
Offline Business
How to Get Online Income ?
In the offline business, income for the corporations is revenues minus cost of sales, operating expenses, and taxes, over a given period of time. Income for the individuals is money earned through employment and investments. Income also called earnings.
Online Business Risk
To run a online business required initial capital without the guarantee for success, it’s the risk. Although the initial capital is smaller compared with the offline business, however, this is a risk that must be minimize.
