Every weekend I have a tremendeous increase of sales on my little shop. This mean about 100 – 200 transactions per day.

Using my 1 : 10 ratio means that I must have an equal stock enough to cover 1000 – 2000 transactions. This means that I should have enough capital to handle the situation.

I could just stick to my regular stock but usually I ended up in a mess during the next monday. I have to lost almost 50 percent deals during my opening hour. I have to rush to the grocer or distribution agent to fill my shop with the ideal stock needed.

Watching your business grow no matter how small, no matter how slow, no matter what people is laughing or underestimate you. Is a proud thing to do. Just look forward and reach your goals, one small step at a time.

Asset is one of the most important means of financial building. Asset is something that you own and can create money for you. For example, a shop, a rent room or house, rent car, anything that produce some money for you, that also include websites or blogs.

The opposite of assets are liabilities. It is something that constantly cost you money on maintenance and upgrades. This include, expensive house, electronic items, cars or transportation, non productive cellphones, so many more.

Asset can be used as emeregency fund, you can use when you need money, and it can be summoned when you need some amount of money. My small shop for example, when I need an emeregency fund equal to my 1 month salary, I just have to wait about 4 days to get it. But then I must return the fund to the shop investment whenever I get the chance, or I can pay parts by parts. My shop is becoming like a small bank for me.

So how to really grow asset?

1. Start a small business. A business is a perfect tools to grow asset. My mom have a small diner and some rent rooms, my sister have a small diner, and a marble design business, my brother like me has a small shop selling cellphone credits and vouchers. And it really work, not much, but it work.

2. Stop creating debts. Debt is the most thing that prevent you from relaxing. Debt can be so frustrating. And it is only making you trapped in an endless race.

3. Live frugal. You don’t have to prove your self to anyone. They don’t care about your money, or your success, or your achievement.  So relax, live the life the way you really want it.

Of course there are many longer explanation, but I’m not an expert, I just share what I have done, and maybe, just maybe it can work for you .

When commiting business, means of communication is an important aspect. More efficient the communication beetween the company and the customers means greater prospect of increasing income. New technology keep on emerging and must be updated from time to time.

In telephony, interactive voice response, or IVR, is a phone technology that allows a computer to detect voice and touch tones using a normal phone call. The IVR system can respond with pre-recorded or dynamically generated audio to further direct callers on how to proceed. IVR systems can be used to control almost any function where the interface can be broken down into a series of simple menu choices. Once constructed IVR systems generally scale well to handle large call volumes.

It has become more common in industries that have recently entered the telecom industry to refer to an Automated Attendant as an IVR. This means that when discussing an IVR application, it is important to ensure that the person you are talking to understands the term to mean the same thing as you do. Generally-speaking, those with a traditional telecom background are more likely to refer to an Automated Attendant and IVR as separate things, whereas those from an Emerging Telephony or VoIP background are more likely to use the term IVR to define any kind of telephony menu, even the most basic Automated Attendant.

Browse on the internet for further detail of these technology of speech recognition, suppliers of these IVR software, or general information about voice biometrics, and you will find useful resource for your business.