UBI Posts Rs. 637.53 Crore Net Loss In Q3

United Bank of India’s operating profit saw a 65.76 per cent fall to Rs. 181.53 crore Kolkata: State-run United Bank of India (UBI) on Monday reported a net loss of Rs. 637.53 crore for the quarter ended December 31, 2017, as compared to a net profit of Rs. 64.10 crore for the a year-ago period. The net loss for the quarter was on the back of sharp fall in operating profit and a huge increase in provisions to cover rising bad loans.During the quarter ended December, the bank’s operating profit saw a 65.76 per cent fall to Rs. 181.53…

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How to Use Facebook’s Workplace for Small Business

Facebook’s Workplace has been on the market for a little over a year and has seen rapid adoption by organizations of all sizes around the world. According to Facebook, more than 14,000 companies use Workplace as their internal team collaboration tool. Given people’s familiarity with the social media giant, it’s no surprise that large companies such as the Royal Bank of Scotland and Walmart are using Facebook’s enterprise version with the goal of improving employee communicate and increasing productivity. The questions is, how can small businesses use this tool effectively? How…

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You Can Thank Us Later — 5 Ways Low-Code Tools Help Small Businesses

Small businesses need to use software to stay efficient and increase profits. Now, low-code technology is making it possible to create custom apps without the need for prior coding experience. Low-Code Software Examples Small Business Trends contacted FileMaker, a custom app company, to get some low-code software examples of specific areas where the technology they supply helps small businesses. Productivity Sometimes, people working on the same project are in different locations if your business is creative. For example, a video or television production company might need to bring things together from…

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SMALL BUSINESS OPTIMISM UP IN BC

The latest Business Barometer survey by the Canadian Federation of Independent Businesses shows British Columbia’s small business optimism increased 2.4 points in January. This brings the total level to 66.7 points, meaning the economy in the province is growing at its potential. So what does that mean for small business owners in Northern BC? “They’re looking to expand a little bit more. When we look at the level we’re at now, above 65, it means that the majority of small business owners surveyed are actually looking to expand so that’s a good sign.,” explains…

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The 4 Values That Have Guided This Travel Entrepreneur To Success

Kristin Karst is the cofounder, co-owner and executive vice president of AmaWaterways, a family-owned river cruise company created in 2002 with a fleet of 20 award-winning ships in Europe, Asia and Africa. The successful businesswoman grew up during the Communist period in East Germany, which, she says, has had a huge impact on her career and spawned her two greatest passions: travel and entrepreneurship. Morgan Stemler Kristin Karst is the cofounder & EVP of AmaWaterways, a river cruise company. (Courtesy of AmaWaterways) “During the Communist era, many restrictions were in place,…

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Blockchain Investment Services: What Small Business Owners Should Know

All economies are built on the basic premise of bartering. Before the creation of currencies, humans exchanged goods by trading one good (or a basket of goods) for another. If someone wanted some of his neighbor’s catch from the day, perhaps he would trade three shucks of corn from his field for one fish–thus initiating a trade. As society advanced, humans began to use precious metals to assign value to objects. No longer did people trade three shucks of corn for a fish–no, now they had to give the fisherman…

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