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Identifying the Role of Managers

Posted by financer | July 9, 2010 .

There are some specific ideas and actions that maybe helpful to a manager on a different perspective. In this approach, it will establish the manager’s purpose and present a philosophy of management built around the concept that POWER should be used to serve the needs of others i.e. subordinates, superiors, fellow managers (peers) and clients [...]

How to Deal with Credit Problems

Posted by financer | July 8, 2010 .

Closing the door on a customer who cannot pay is rather expensive to the salesperson and to the customer as well, assuming the product or service is really needed in business. That’s why, before setting for the closed door option, it pays to review the facts of the case with some pertinent question in mind. [...]

Identifying the Various Needs of Banking Customers

Posted by financer | July 7, 2010 .

There are three main groups of bank customers: the corporate, the commercial and personal. It is the responsibility of the bank representative to match competitively the customer’s wants and needs with the bank’s resources. All corporate customers cannot trade or operate their business without any bank account. The needs of this group of customers must [...]

Dealing with Accountability in Banking

Posted by financer | July 5, 2010 .

Success in business is measured primarily by the excess of revenues over expenses from the business operation that produces the net income. However, Investors and creditors will only determine the ultimate success of an entity upon liquidation. What do accountants do to provide investors and creditors an approximate financial status of the business? All transactions [...]

Banking with Honor!

Posted by financer | July 1, 2010 .

The following statement was released by a bank several years ago. This statement is still very much applicable today. It is a reminder for everyone involved in banking or any type of business to do things upright. There is no field of human activity in which ideals applied are of more value than in business. [...]

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