—Contributed by Richa One of the most crucial areas of decision making for retailers is pricing. Yet, we have found that small firms often do not have well-conceived pricing plans. A retailer’s prices influence the quantities of various items that consumers will buy, which in turn affect total revenue and profit. Hence, correct pricing decisions [...]

Running a small business requires a focus on the present daily operations. With time restraints looking ahead becomes difficult. However, in order to succeed you need to know what’s ahead to better plan and avert danger. The 21st century presents plenty of changes that will impact your small business in the future. Here are 8 [...]

Many cubicle workers hate their jobs and secretly wish to start a business. It’s the Dilbert environment with a overbearing boss watching every move and taking credit for good ideas that feeds the dream of entrepreneurship. If ever there was a better time to start your own business now would be it. Entrepreneurs today have [...]

The process of starting a business involves key steps from choosing a business name to selecting a business structure. Once your doors are open, the first 90 days of being in business sets the foundation for successful survival. Learn what you need to know during the first 90 days of starting a business. Get the [...]

If you think you have found the one business opportunity that will bring you freedom, fame, and plenty of profits,does it meet the 8 simple rules? Emotion and passion is an essential ingredient to business success, but hold off on that inner fire until your business opportunity can pass the 8 simple rules to see [...]

An interview with RAJIV LAL and WALTER J. SALMON, faculty cochairs of the Senior Executive Seminar for Retailers and Suppliers—an Executive Education program offered by Harvard Business School. Q: Retailing initiatives in emerging global markets like India and China are getting a lot of attention. What should retailers consider as they develop their own globalization [...]

Kohinoor, (Koh-e Noor or Koh-i-Nur) is a 105 carat (21.6 g) diamond that was once the largest known diamond in the world. It means “Mountain of Light”. The Kohinoor originated at Golconda in the state of Andhra Pradesh in India, belonged to various Indian and Persian rulers who fought bitterly over it at various points [...]

Sahajanand Technologies, India, the high-tech engineering solution provider for diamond industry recently launched The Magnus Pro, a third generation planning machine. The machine provides revolutionary all side mapping & advanced inclusion placement facility for accurate detection and right positioning of inclusion. The Magnus Pro is a uniquely designed machine which gives advanced mapping, inclusion detection [...]

The international jewelry retailer has introduced a collection featuring its new diamond cut. “We are launching an exclusive jewellery collection featuring the diamond brand,” Tamjid Abdullah, deputy MD, Damas and creator of Damas Cut.The jewellery collection features Damas Cut diamonds encrusted in 18k white gold. Damas Cut diamonds are characterized by 77 facets and are [...]

The diamond engagement rings are a timeless expression of love and commitment. The classic styles available – solitaire and pave, for example – still are popular today, but there are emerging trends of which you, the potential buyer should be aware. Hot ring trends – classic, antique and modern lead the way The classic solitaires [...]