Business and Finance Blog

Software protection is need of the day. It is estimated that about 30% revenue is lost due to piracy but these figures fail to explain the fact that piracy also increases legal sales. Director of a software company told me they learn about some companies using their pirated software but they did not took any action. The director was not surprised when he received order from the same company next year. He said in the absence of a workable demo or just to try full features before making a purchase decision many people use pirated versions. This does not mean that software companies should not protect their products but only mean that a legal demonstrable product should be made available to customer for evaluation for a sufficient period of time. Read the rest of this entry »

Always remember this, all of the big companies in the world started from small business. From there, they can change the world’s perspective about business. In doing several research the another day I came over a lot of interesting data that may take several of the guesswork out of how to work a successful small business in a depressed economy.

Historian David Lands recently took the question, “Why do a lot of people and businesses expand?” In his book The Wealth and Poverty of Nations – Why Some Are So Rich and Some So Poor, he talks about his findings. He reasons out with the following result: Read the rest of this entry »