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Sourcing Agent

A sourcing agent is a critical intermediary, a specialized professional who bridges the gap between businesses and their potential suppliers. In the complex tapestry of global trade and manufacturing, sourcing agents are pivotal in navigating the intricate procurement and supply chain management channels. In this post, we will explore the multifaceted role of a sourcing […]
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Mergers and Acquisitions

Mergers and acquisitions (M&A) combine two business entities into one. A merger occurs when the two businesses form a new, third entity. In an acquisition, one company purchases and absorbs the other into its operations. The goal of a merger or acquisition is to create a new entity that is more efficient and effective than […]
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 Franchise Your Business

What Is a Franchise? A franchise is a type of license that grants a franchisee access to a franchisor’s proprietary business knowledge, processes, and trademarks, thus allowing the franchisee to sell a product or service under the franchisor’s business name. In exchange for acquiring a franchise, the franchisee usually pays the franchisor an initial start-up […]
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What is International Growth?

Many companies have been taking their business into foreign nations. Whether it be an operational move to produce products at a lower cost or a marketing strategy which involves selling an existing product to a new market, international business is and will continue to be on the rise. This growth in international business (also called […]
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Business Process Outsourcing

What Is Business Process Outsourcing (BPO)? Business process outsourcing (BPO) is a method of subcontracting various business-related operations to third-party vendors. Although BPO originally applied solely to manufacturing entities, such as soft drink manufacturers that outsourced large segments of their supply chains, BPO now applies to the outsourcing of various products and services. KEY TAKEAWAYS Understanding Business Process Outsourcing (BPO) […]
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Automation

What Is Automation? Definition, Types, Benefits, and Importance Automation is the use of machines or technology to perform tasks without much human intervention. The approach tries to streamline processes, enhance efficiency, and reduce human error. Table of Contents What Is Automation? Automation refers to using technology to perform tasks with minimal human intervention. It’s like […]
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Importance of Business Acquisition

What Is an Acquisition? An acquisition is a transaction wherein one company purchases most or all of another company’s shares to gain control of that company. Acquisitions are common in business and may occur with or without the target company’s approval. With approval, there is often a no-shop clause during the process. Although most people commonly hear […]
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Business Acquisition for USA visa

What is digital transformation? Digital transformation is the integration of digital technology into all areas of a business, fundamentally changing how you operate and deliver value to customers. It’s also a cultural change that requires organizations to continually challenge the status quo, experiment, and get comfortable with failure. Digital transformation is imperative for all businesses, […]
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