7 Promising Business Ideas Ahead of Eid al-Adha Worth Trying!
Promising business ideas are often a popular topic of discussion leading up to important occasions like Eid al-Adha. This major celebration consistently presents seasonal business opportunities that can generate significant profits if leveraged effectively. From sacrificial animal needs to various supporting products and services, everything can be turned into an exciting business opportunity. For those […]
Labamu x Everpro x Rumah BUMN Bandung: A Complete Solution to Boost UMKM Profits
UMKM have great growth potential, but the challenges are equally significant. Many business owners still struggle with classic issues such as messy financial records, minimal marketing strategies, and uneven access to technology. Yet, amid digital growth and increasing online shopping interest, the opportunity to boost profits is wide open—if you know the right strategies and […]
e-Payment Saves Time and Money for Your Business: Learn Its Advantages and Disadvantages!
Nowadays, cash is no longer the primary payment option, as many people prefer using more convenient alternative payment methods. One of these is electronic payment, commonly known as e-payment. With the banking and technology industries rapidly evolving, and the online shopping market continuously growing, both sellers and buyers need fast payment methods. This is where […]
What Does Procurement Mean and How Is It Different from Purchasing? Here’s the Explanation!
In managing a business, cash outflows are crucial to plan, manage, and track. This means that procurement and purchasing must be carried out carefully and cannot be done haphazardly. Procurement and purchasing are terms often used interchangeably, but they actually represent two different financial processes. Understanding the difference between them can help a business achieve […]
Customer Satisfaction: Key Factors and Indicators You Need to Know
Customer satisfaction is a crucial factor in determining a business’s success. Without satisfied customers, it becomes difficult for a company to maintain its presence and compete in the market. Therefore, understanding the definition of customer satisfaction, along with its key factors and indicators, is essential. In general, customer satisfaction refers to the feeling of pleasure […]
Industrial Raw Materials: Role, Types, and How to Manage Them
Industrial raw materials can be processed into a wide variety of products for various industries. From a manufacturing perspective, these are the inputs or inventory required to produce a product. Let’s learn what raw materials are, their role, types, and how to manage them! What are raw materials? Quoting Investopedia’s definition, raw materials are materials […]
Example of Company Organizational Structure and Its Benefits for Business
To improve efficiency, businesses need to adopt an organizational structure that aligns with their operational needs. In this article, Labamu will guide you through the definition of organizational structure, its various types, and the benefits it brings to your business. Here’s the full explanation! Definition of Company Organizational Structure According to Whatfix, an organizational structure […]
Electronic Payment is: Benefits and Options
The popularity of electronic payments has skyrocketed over the past decade. This innovation in financial services has significantly changed the way people conduct transactions and made electronic payments increasingly popular. Here’s some interesting information about e-payments that MSMEs shouldn’t ignore. Check it out! What is Electronic Payment? Electronic payment is a way of making transactions […]
Understanding Zakat Mal: Conditions and How to Calculate It
Zakat Mal is a form of obligatory almsgiving for Muslims who own wealth that reaches a certain amount, known as the nisab. This zakat has specific rules for its calculation, in accordance with Islamic law. As one of the pillars of Islam, zakat plays an important role in maintaining social and economic balance within the […]
Zakat Fitrah is: Definition and Payment Provisions
Zakat al-Fitr is an obligation for Muslims that must be paid before Eid al-Fitr. This zakat aims to purify oneself after a month of fasting and to help those in need celebrate Eid properly. Because it is obligatory, every Muslim must understand the importance of zakat fitrah, including its purpose and requirements. So, what exactly […]