Business growth refers to the stage when an already expanded business seeks additional options to generate more profit. Business growth capital is critical for all businesses, and choosing the right one for your business takes expertise and market knowledge — as each business / company is different. Many companies design their own structure for more growth and to mitigate risk — rather than fitting their capital need to a pre-existing structure. Business growth (capital) depends on resource availability and most often requires investment to be made upfront.
A development manager is someone who is the main point of contact for the upper management, employees, and customers or clients. They are essentially project managers who successfully complete the company’s initiatives.
A good development manager needs to be able to resolve challenges quickly, have leadership skills, supervise and manage their employees or colleagues well and effectively interact with customers daily — that too in accordance with the company’s values and standards.
Career Management refers to the conscious, structured planning and the active engagements and management choice of one’s own professional career. It is a lifelong, self-monitoring process that involves choosing and setting personal and professional goals, and creating strategies to achieve them. Career management enables employees to better understand and develop their knowledge, skill set, and interests, and to utilize them both within the company and outside. In other words, career management begins from understanding yourself and involves occupational (career) awareness — it is the process you undertake for better fulfillment, growth, and financial stability.
The Covid-19 pandemic has upturned prevailing business and operating models and forced many companies to freeze hiring, introduce salary cuts, and even lay off workers or furlough their employees. Many people are also finding it difficult to earn a decent living because their skill-set and job roles have been made redundant.
Equity investments refer to the money that is invested in a company or business usually by purchasing its shares in the stock market. These shares can be purchased either directly or from another investor, with the expectation that they earn dividends or can be resold for a profit (capital gain).
Equity holders are typically allowed to vote on candidates for the board of directors and also influence management decisions (if their holding is large enough). Equity investors can make money through dividends, capital gains, buying back of shares, discount on new purchases, and free shares/bonus.
Digital currency (i.e. digital money, electronic money, electronic currency, cyber cash, etc.) is a type of currency that is available only in digital or electronic form, and not in physical form. They can be either regulated or unregulated, and are only accessible with computers or mobile phones. They are often the cheapest method to trade currencies, because they don’t require any intermediary. Digital currencies are also stable and are traded with the markets. Most often, the term digital currency is used to refer to currency that is issued by a bank in digital form.
Financial freedom or independence is the status of having enough residual income to pay for your living expenses for the rest of your life. You don’t necessarily have to be very rich or have tons of money, but rather enough to cover your expenses so that you don’t have to work anymore or even be dependent on others. Your precious time can instead be spent doing things that you like (i.e. hobbies), rather than doing things just to earn money (and survive).
Company formation (or company registration) refers to the process of incorporating a business. Upon incorporation, a private limited company or corporation is considered a separate legal entity, completely distinct from its owners. It is like an ‘individual’ that is responsible for its own finances, assets and liabilities.
Inheritance refers to the custom of transferring property and possessions, titles, debts, rights and responsibilities to the legal heir of a person after he or she passes away. It is usually done by carrying out a will, a legal document that sets forth instructions for the transfer and names a legal heir. If there is no will, then inheritance is transferred through the prevalent laws of succession. Different communities and societies have different regulatory laws of inheritance, depending on the religion and practices they follow.
Tax management or tax planning refers to the management of finances in order to fulfill tax obligation properly, in compliance with the provisions of Income Tax Law and its allied rules.Tax management considers the tax implications of individual, investment, or business decisions, usually with the goal of minimizing tax liability or avoiding paying interest, penalty, prosecution, etc.
Insurance refers to the contract or legal agreement between two parties i.e. the insurance company (insurer) and the individual or entity (insured). It is represented by a policy, and is something by which the insured receives financial protection or reimbursement against losses from the insurance company. These events which cause these losses are often referred to as contingencies, because there is an uncertainty regarding their happening.
Property management refers to the daily care, maintenance, operation, control, and oversight of residential, commercial, or industrial real estate and physical property. Property management can also refer to the management of personal property, equipment, tooling, and physical capital assets. Normally, third-party contractors or property managers take responsibility for the day-to-day repairs and ongoing maintenance, security, and upkeep of properties.
Wealth management refers to the structuring, growing, preservation and protection of wealth. It incorporates multiple concepts such as tax planning, wealth protection, estate planning, succession planning and family governance. Wealth management has been designed to help individuals and clients (especially those with high net-worth) to protect their assets and reduce their financial risks. A wealth management advisor will gather information about his or her clients’ financial situation, and keeping in mind the clients’ needs and wants, will tailor a personalized strategy using a range of financial products and services.
Cash management is the process of collecting, handling or managing, and using cash, and involves assessing market liquidity, cash flow, investments, etc. Cash management is important for both individuals and corporations, and is a key component of financial stability. One of the main financial service providers for the custody of cash assets are banks.
The skin is the most visible organ of the body and also the largest. Not only does your skin reflect the health of the body, but it also acts as a barrier and bacteria and injury. However, that also makes the skin quite prone to disease and infections due to external factors. It is said that nearly everyone has some sort of skin disease, and nearly 15% of all doctor visits or consultations involves a skin problem.
Trichology is the branch of medicine that encompasses studying diseases of the human hair and scalp, as well as the assessment of the cause(s) and treatment of these disorders.
A trichologist, or a hair and scalp specialist is usually trained in life sciences.They will look at hair and scalp problems in a holistic way, by evaluating each client based on their personal history, lifestyle, genetic factors, environmental conditions, and so on. A trichologist will then analyze this data and suggest individualized treatments, give nutritional advice and recommend lifestyle changes to improve the health and appearance of the hair and scalp.
During pregnancy, a woman goes through a lot of changes, both physical and emotional (mental). Her health affects the baby’s health too, whether directly or indirectly. It is therefore important that both the mother and baby undergo regular checkups, before and during the pregnancy and even after birth.
Alternative medicine refers to any practice or treatment that aims to heal, but lacks the biological plausibility of traditional (mainstream) therapies. Alternative therapies reside outside medical science. They may be based on things such as religion, tradition, hearsay, superstition, belief in supernatural energies, pseudoscience, etc. and are thus quite controversial at times. Many believe that alternative medicine to be untested, untestable, fraudulent or even proven ineffective, and are thus skeptical of trying it out.
An average person needs 7-9 hours of sleep every night, to enable the body to repair and be fit and ready for the next day. Getting adequate sleep is important because it:
- Prevents excess weight gain
- Boosts your immune system & mood
- Strengthens your heart & helps prevent heart disease
- Increases productivity
- Increases exercise performance
- Improves memory
Lifestyle diseases refer to ailments or illnesses based on the day-to-day habits of people and how they live their lives. They are non-communicable diseases (NCD), i.e. non-contagious or not transmissible directly from one person to another. Lifestyle diseases are commonly caused by a sedentary routine or lack of physical activity, unhealthy eating, and dangerous habits and addictions such as alcohol, drugs and smoking. The most common or top few lifestyle diseases include obesity, type II diabetes, high blood pressure, hypertension, stroke, heart diseases, lung cancer, chronic liver disease or cirrhosis, chronic kidney failure, etc. A number of these diseases are non-reversible, serious and can even be chronic or fatal. However, most if not all of them are preventable.
Nutrition is the process by which an animal or plant takes in food (or food substances) and converts it into energy and other vital nutrients required for various bodily functions and also life. All living things need nutrients for proper functioning and growth, but the mode of nutrition varies from one species to another.
Proteins, carbohydrates, fat, vitamins, minerals, fiber, and water are all nutrients that are extremely necessary for us humans. It is important for us to have the right balance of nutrients in our diet to remain healthy and reduce our risk of developing certain chronic diseases and sicknesses.
Weight management is the process of adopting long-term lifestyle strategies that promote healthy eating and regular physical activity. It involves identifying ideal body weights for different individuals on the basis of factors such as their age, gender, and height. Weight management strategies mainly focus on achieving a healthy weight through slow and steady weight loss, and followed by maintaining that ideal body weight over time.
Physical fitness refers to the state of health and well-being. It is the ability of our body systems to work together efficiently and perform certain tasks and activities throughout the day, often with the least effort (physical exertion) possible.
Physical fitness is generally achieved through a combination of proper nutrition and a well-balanced diet, regular moderate to vigorous physical exercise, and sufficient rest.
Yoga is a mental, physical and spiritual discipline which focuses on creating harmony between the mind and the body through breathing techniques, exercise and meditation. The word ‘yoga’ is derived from the Sanskrit word for union.
Yoga originated in ancient India, and was later introduced to the West in the late 19th and early 20th century following the success of Hindu monk Swami Vivekananda. Outside India, yoga has become more of a means to achieve physical fitness, and for stress-relief & relaxation. But in Indian traditions, it continues to have a more meditative and spiritual core.