20 Usaha Rumahan yang Lagi Trend, Bisa Jualan secara Online
Want to start a home business, but looking for something trendy? There are actually plenty. You just have to be smart about choosing the right one and one that you can run from home. Here are some home business ideas that are trending this year, which you can consider. Rekomendasi Usaha Rumahan yang Lagi Trend […]
Exclusive Workshops and Discussions: Boost MSME Products to Export and Enter the Global Market
After successfully conducting the Export Product Curation training at the South Tangerang City Hall, Labamu continues its commitment to supporting the growth of Micro, Small, and Medium Enterprises (MSMEs). At the event, ten selected MSMEs were given a special opportunity to advance their journey toward exporting and better prepare themselves to enter international markets. Labamu […]
Business Planning: Definition, Purpose, and Important Elements
Running a business without a plan is like driving a car blindfolded. It’s extremely risky. Unfortunately, there are still many businesses that do not make a business plan at the start of their start-up. Even if you think you are a great businessman or have a business idea with an excellent product, you will not […]
What is Income: Definition, Types, and Differences from Revenue
Income is a term that’s certainly familiar. However, many entrepreneurs immediately assume that income refers to business revenue. Therefore, income is the net profit earned from sales minus operating expenses. However, this term also encompasses revenue, the most fundamental aspect of finance. Therefore, every business owner must thoroughly understand the types of income, as this […]
What Is Margin: Definition, Types, Functions, and How to Calculate It
When discussing accounting and business, the function of margin is often associated with profit. Simply put, margin is the difference between revenue earned and product costs, used to measure profit potential. This concept is often applied to manage investment and business risks, including determining potential profit expectations. This is why business owners need to understand […]
Types and Sequence of Financial Statements Every Accountant Should Know
Financial statements are vital documents used to assess a company’s financial health as well as its overall performance. Accountants, in particular, must understand the proper sequence of financial statements, as it serves as a key reference in preparing accurate and reliable financial reports. In addition, understanding the types and sequence of financial statements provides a […]
What Is an Employee? Optimize Their Performance with the Best Apps and Features!
In the business world, hiring employees also comes with several advantages. What are they? One key benefit is that small business owners can achieve goals that would be difficult to accomplish alone. However, after deciding to hire employees, make sure you have proper management in place to oversee their performance—for example, by using apps or […]
Raw Materials Are a Critical Factor in Business. Here Are Tips for Managing Them!
In business, raw materials are one of the key factors determining the smooth running of a business. If raw materials are difficult to find or are consistently in short supply, running a business will undoubtedly be difficult. So, what are raw materials, and how can they be managed to avoid supply shortages? Here’s a complete […]
3 Examples of Business Plans to Prevent the Risk of Business Failure
You must have a mature business plan example before starting a business so that you don’t fail midway. Research conducted by the Bureau of Labor Statistics found that 20 percent of businesses fail in the first year and 50 percent go out of business by the fifth year. After investigating, the main cause was because […]
5 Benefits of Promotion for Your Business—It’s Not Just About Making Money!
Promotion is one of the key elements in the marketing mix. That’s why it’s closely linked to marketing activities and is often considered the same thing. To help Labamu friends better understand what promotion is, its benefits, types, and how to do it, check out the following article! What Is Promotion? In marketing, promotion can […]