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  • Add You - IT Scenario in Orissa

    Business Owner's Essentials - Cashflow is a Critical Factor
    It’s certainly possible to start a business with no initial money but it’s a big challenge. Whether you have funding to begin or not one of the most critical elements of your business is how you forecast and control your cashflow.The first step is to build a business model to establish how cash much you will need. Your business model should include a month by month projection of your predicted sales and all related costs. You need to make sure you have thought of all possible costs that you could incur. And you need to include enough money to make sure you can live.In your business model you should have calculated how much it will cost you to start your business and how much you will need to cover your early st
    tech habitant, bandwidth, optical fibre connectivity, satellite communication, modern airport, and international convention center. Ready availability of Hi-tech space with the required infrastructural amenities like built-in electrical and communication facilities, data ports, central air-conditioning etc will be a great incentive for IT companies to set up their offices on a fast track. It is the endeavor of the Orissa Government to facilitate creation of large extents of hi-tech space not only in and around Bhubaneswar but also in the important towns in the state. In this regard, STPI B
    Russ Dalbey - Eight Tips for Building a Successful Cash Flow Business
    The note business is truly an amazing market.As with any business, there is a learning curve involved with consistently making the largest profits possible with the smallest amount of effort. So, to ensure that you close the most deals possible, follow these eight simple guidelines:Tip #1: Build relationships, not one-time deals.Regardless of whether you are a full-time note broker or just working with notes part-time, conduct business to ensure that every transaction ends on a positive note. While it is true that there are billions of dollars in cash flow notes in North America, the actual network of finders, brokers and investors who work in the secondary finance market is fairly well-connected and tight-k
    Information Technology (IT) is one of the most dominant and growing industry in the global economy today. The dynamic technological advancements in the Information Technology has reinforced the changes in the economy and social sector that are transforming the business and society. In view of this new kind of economy-information economy, the software development activity is expected to grow many folds in the coming years. This technology has resulted in the growing importance of the software services. No need to displace and rehabilitate the tribes and no need to earn money by selling the precious metals. Software industry can solve these issues upto some extent to boom our economy. The over-drafted state can be paid monthly regular salaries to the employees and spend more money in health, education and other developmental activities.

    The effort for inviting IT industries was started by the government just after the globalization. Government of India has taken a step to promote the software exports from India to increase the global market share by creating Software Technology Parks of India (STPI) across the country. The first STPI of Orissa was started in Bhubaneswar in 1992 with exports worth around Rs.2.3 million. At that time, the state had only four software development companies named, Lee&Nee, Shivam, DPS and Radiant. In the year 1997-98, some 25 companies including the software majors like Satyam and Infosys registered under the STPI. Every year the number of IT companies are increasing. Now more than 100 small and medium enterprises (SMEs) under STP scheme and 200 non-STP units are established in different parts of Orissa.

    In 2004-2005, the state accounted for an export revenue of Rs 4 billion rupees. The software export amount was around Rs.3.19 billion in 2003- 2004 which was almost a billion higher than the export revenue of the previous year i.e. Rs.2.13 billion. The state is confident of generating a revenue of Rs 7 billion and Rs 10 billion from software exports by the end of fiscal 2006-07 and 2007 -08. Due to lack of lack of proper infrastructure and retrograde steps like strikes by trade unions compel the Orissa to occupy bottom position in this regard..

    Infrastructure is one of the most important pre-requisites for fostering the growth of IT industry. As far as IT industry is concerned, it includes hi-tech habitant, bandwidth, optical fibre connectivity, satellite communication, modern airport, and international convention center. Ready availability of Hi-tech space with the required infrastructural amenities like built-in electrical and communication facilities, data ports, central air-conditioning etc will be a great incentive for IT companies to set up their offices on a fast track. It is the endeavor of the Orissa Government to facilitate creation of large extents of hi-tech space not only in and around Bhubaneswar but also in the important towns in the state. In this regard, STPI Bh

    Professional Letterheads Easy Steps
    We have all heard the importance of first impressions and the sayings of don’t judge a book by it’s cover and so forth. First impressions and looks are everything in business especially in the area of gaining new customers or clients. Often a letterhead and business cards or a small ad is the only information the potential customer has to go on. Just think if it were you browsing through a stack of potential companies you wanted to hire to do some work on your home.How would you choose from the tons of letters and quotes that have been sent to you? Sure you would look if you recognized any of the names or if there was anyone you knew. However, at the end of the day most potential customers are stuck basing the decisi
    precious metals. Software industry can solve these issues upto some extent to boom our economy. The over-drafted state can be paid monthly regular salaries to the employees and spend more money in health, education and other developmental activities.

    The effort for inviting IT industries was started by the government just after the globalization. Government of India has taken a step to promote the software exports from India to increase the global market share by creating Software Technology Parks of India (STPI) across the country. The first STPI of Orissa was started in Bhubaneswar in 1992 with exports worth around Rs.2.3 million. At that time, the state had only four software development companies named, Lee&Nee, Shivam, DPS and Radiant. In the year 1997-98, some 25 companies including the software majors like Satyam and Infosys registered under the STPI. Every year the number of IT companies are increasing. Now more than 100 small and medium enterprises (SMEs) under STP scheme and 200 non-STP units are established in different parts of Orissa.

    In 2004-2005, the state accounted for an export revenue of Rs 4 billion rupees. The software export amount was around Rs.3.19 billion in 2003- 2004 which was almost a billion higher than the export revenue of the previous year i.e. Rs.2.13 billion. The state is confident of generating a revenue of Rs 7 billion and Rs 10 billion from software exports by the end of fiscal 2006-07 and 2007 -08. Due to lack of lack of proper infrastructure and retrograde steps like strikes by trade unions compel the Orissa to occupy bottom position in this regard..

    Infrastructure is one of the most important pre-requisites for fostering the growth of IT industry. As far as IT industry is concerned, it includes hi-tech habitant, bandwidth, optical fibre connectivity, satellite communication, modern airport, and international convention center. Ready availability of Hi-tech space with the required infrastructural amenities like built-in electrical and communication facilities, data ports, central air-conditioning etc will be a great incentive for IT companies to set up their offices on a fast track. It is the endeavor of the Orissa Government to facilitate creation of large extents of hi-tech space not only in and around Bhubaneswar but also in the important towns in the state. In this regard, STPI B

    Will Forming A Limited Liability Company Do Me Good As A Small Business Owner?
    When you go on to legally form your own business, you will in many cases be faced with a few options: registering an llc, a corporation, a partnership or just be self employed. The option of forming an llc is the one discussed in this article, as it is probably the best one in many situations.LLC stands for Limited Liability Company. That means that the company is a separate legal entity from the person who founded it. The meaning is that the person cannot be personally responsible for the losses the company accumulates (except for his personal investment in the company). It also means that the company itself can be sued legally for matters that concern it's activity, and again, the person who owns and/or controls the com
    r in 1992 with exports worth around Rs.2.3 million. At that time, the state had only four software development companies named, Lee&Nee, Shivam, DPS and Radiant. In the year 1997-98, some 25 companies including the software majors like Satyam and Infosys registered under the STPI. Every year the number of IT companies are increasing. Now more than 100 small and medium enterprises (SMEs) under STP scheme and 200 non-STP units are established in different parts of Orissa.

    In 2004-2005, the state accounted for an export revenue of Rs 4 billion rupees. The software export amount was around Rs.3.19 billion in 2003- 2004 which was almost a billion higher than the export revenue of the previous year i.e. Rs.2.13 billion. The state is confident of generating a revenue of Rs 7 billion and Rs 10 billion from software exports by the end of fiscal 2006-07 and 2007 -08. Due to lack of lack of proper infrastructure and retrograde steps like strikes by trade unions compel the Orissa to occupy bottom position in this regard..

    Infrastructure is one of the most important pre-requisites for fostering the growth of IT industry. As far as IT industry is concerned, it includes hi-tech habitant, bandwidth, optical fibre connectivity, satellite communication, modern airport, and international convention center. Ready availability of Hi-tech space with the required infrastructural amenities like built-in electrical and communication facilities, data ports, central air-conditioning etc will be a great incentive for IT companies to set up their offices on a fast track. It is the endeavor of the Orissa Government to facilitate creation of large extents of hi-tech space not only in and around Bhubaneswar but also in the important towns in the state. In this regard, STPI B

    Don't Gamble With Your Business
    Imagine…A business owner scrambles to come up with money to make his payroll. As a last desperate measure, he gathers up every last penny he has and flies to Vegas. He gambles…and wins! Amazing isn’t it? It happened to a now globally know company back in its beginning stages.As a business owner, making ends meet can be stressful. Companies with whom you do business can take 30, 60 even 120 days to pay their invoices. In the meantime, you have to cover your expenses. There is a solution.It’s called Factoring. It is the selling of your accounts receivables. This year alone, thousands of businesses will sell billions of dollars worth of these receivables to finance growth and sometimes to eliminate cash shortag
    nd Rs.3.19 billion in 2003- 2004 which was almost a billion higher than the export revenue of the previous year i.e. Rs.2.13 billion. The state is confident of generating a revenue of Rs 7 billion and Rs 10 billion from software exports by the end of fiscal 2006-07 and 2007 -08. Due to lack of lack of proper infrastructure and retrograde steps like strikes by trade unions compel the Orissa to occupy bottom position in this regard..

    Infrastructure is one of the most important pre-requisites for fostering the growth of IT industry. As far as IT industry is concerned, it includes hi-tech habitant, bandwidth, optical fibre connectivity, satellite communication, modern airport, and international convention center. Ready availability of Hi-tech space with the required infrastructural amenities like built-in electrical and communication facilities, data ports, central air-conditioning etc will be a great incentive for IT companies to set up their offices on a fast track. It is the endeavor of the Orissa Government to facilitate creation of large extents of hi-tech space not only in and around Bhubaneswar but also in the important towns in the state. In this regard, STPI B

    Funny Signs
    Market trends reveal that creative advertising is the need of the hour. Striking logos and funny phrases increase consumers' curiosity. Some firms believe that they can capture the attention of their customers through humor. Many companies use this market psychology effectively through their neon signs. Most businesses believe in promoting and maintaining brand equity because an established funny phrase or picture helps people relate to a particular product or company.Many funny signboards use bright lights and appropriate colors. Most of the text on the signboards is black in color, because this color attracts a lot of attention. The use of the space is also important, all the letters should not be squashed in otherwise
    tech habitant, bandwidth, optical fibre connectivity, satellite communication, modern airport, and international convention center. Ready availability of Hi-tech space with the required infrastructural amenities like built-in electrical and communication facilities, data ports, central air-conditioning etc will be a great incentive for IT companies to set up their offices on a fast track. It is the endeavor of the Orissa Government to facilitate creation of large extents of hi-tech space not only in and around Bhubaneswar but also in the important towns in the state. In this regard, STPI Bhubaneswar established IT parks like Infocity, Fortune Tower, Tower 2000 and STPI Complex. These IT Parks contain following infrastructure and amenities:

    • Uninterrupted power supply,

    • Centrally air-condition.

    • Fire detection and fighting system and lightning arrester.

    • Separate Service Area for each module comprising of separate gents and ladies toilets and wash.

    • High-speed data link through optic fibre cables from STPI-Bhubaneswar.

    • Capsule and Service lift facilities.

    • Protected covered parking in basement and ample open parking facility.

    • Cafeteria and Conference Halls.

    • Bank and ATM.

    The oxygen of IT industry, the bandwidth is an electronic highway for the conduct of all human interactions in the new millennium. However, the state is still lying behind by international standards. Orissa government must take the lead in creating this mission-critical infrastructure by designing an attractive model for acquiring bandwidth in an economically viable manner. At the same time, the Government will promote the use of satellite communication systems to provide connectivity, especially to the remote locations in the State. The Government will also promote the use of wireless communication technologies to provide better communication services especially in the last mile. Besides that an modern airport is essential for speedy and convenient travel and cargo movement to international IT centers. It facilitates (i) travel of IT professionals to Silicon Valley and to other IT hubs of the world, (ii) Quick cargo movement of computer hardware produced by Hardware manufacturers to the International markets and (iii) Importing IT equipment required for research and development. The airport should have good connectivity to all the major cities with having good frequency. Another piece of essential infrastructure is the establishment of an International Convention Centre with facilities to host International IT exhibitions, Seminars and Conferences.

    The development of IT industry in a region is an evolutionary process. This continuous process of evolution needs a continuity also in the policy environment, which , in turn, depends on the socio-economic environment.

    The creation of confidence in society in the capability of IT to manage its day to day affairs and the generation of t

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