Tuesday, April 2, 2019
Why Do You Need Software Development For Your Business?
Why Do You Need Software Development For Your Business in Pakistan?
Software development creates or converts the objective and
marketing goal of user into a fine software application, giving additional
value and growth to the user's demands. Software development is used to carry
out functions according to the user's requirements including many phases; such
as initial market research, plan specification, modification, architecture,
software design, implementation and testing of the software etc.
We can also learn about short courses in Pakistan.
We can also learn about short courses in Pakistan.
Software development has become essential in the business
world nowadays; improving customer service and helping in developing and
maintaining closer relationships with customers.
With the rapid growth of software development, many
countries have started to use the offshore development approach. Offshore
outsourcing is the best alternative to in-house software development and makes
you to expand your budget and still get the maximum quality of work.
A number of fresh Web 2.0 programs and sites are now
developed offshore while the managing authority is positioned in Western
countries. This helps you in making state-of-the-art offshore development
centers to produce high quality IT solutions for your business and saves you
from getting into the nuisance of infrastructure and equipment investments.
The benefits of outsourcing mostly revolve around
cost-control efficiency, utilizing flexible manpower, greater technical
assistance, enhanced IT capacity, and effective time management. Moreover, the
time difference when working with offshore offices allows work to be done round
the clock adding a competitive advantage.
Offshore Software development strategy is about providing
the best business-oriented solutions while keeping strict to the quality
standards. Whenever a company outsources its software development, the innate
cost savings in terms of time and money are massive. Outsourcing in particular
is the most suitable answer to your problems of ever-increasing costs and
workload. Outsourcing to countries like Pakistan and India, where quality is
offered at a competent price, huge reduction in costs are guaranteed.
Offshore Software development is all about building strong
communication relationships based on trust and mutual respect. It is extremely
essential that the two partners work in coordination with each other to deliver
quality solutions.
Career Institute is one of the best institute of Faisalabad.In fact Career Institute is one of the best institute of Pakistan.Tuesday, March 19, 2019
4 High Demand Courses In Pakistan
4 High Demand Courses In Pakistan: -
There are some of the courses that are in high demand:
Software Engineering
The world is revolving around technology; therefore, if you
have software skills you stand to make a lot of money. As a graduate you stand
to make 15,000-30,000 rupees; however, when you are have work experience of
more than 5 years you will be earning a salary of between 43,000 and 83,000
rupees.
The cool thing with this job is that you will be in a field
that is quickly changing; therefore, you will be required to be on your toes to
keep up with the change. Some of the best institutions to pursue a software
engineering course are: NED, FAST, NUT, GIKI, and UET.
Project Management
Regardless of the kind of project that a company is having,
the company must have an expert to manage it. As a fresh graduate you will be
earning 15,000-25,000 rupees, but once you have 4-5 years of experience you
stand to be making 75,000-150,000 rupees per month. There are many institutions
in Pakistan where you can pursue the course.
Finance And Accounting
Pakistan institutions that will give you the best training
in finance and accounting are: LUMS, UCP, ICMAP, IBA and NUST. As a finance
expert you will be able to work in both the government and private sectors.
As a fresh graduate your salary range will be 10,000-25,000
rupees, but you will be making between 36,000 and 90,000 when you have 5 years
or more of work experience.
HR (Human Resource)
Research studies have shown that many people haven't given a
lot of attention to the course in the previous years. This means that the
competition isn't as stiff like in other courses.
Great institutions to pursue a HR management course are:
IBA, LSE, NUST, UCP and LUMS.
As HR manager you will be responsible for hiring and firing
of employees. After graduation you should expect to have a starting salary of
18,000-30,000 rupees. After 5 or more years of experience you will be making
68,000-103,200 rupees.
Conclusion
The course that you pursue determines the type of job that
you get. To have an easy time getting a job you should go for a course that is
in high demand.
Many Pakistanis prefer working in government as Government
Jobs pay better than private company jobs. If you looking for a government job
you should take a look at JobsAlert. The site has plenty of jobs for your
perusal.
Pakistan Business: A Direct Approach
Pakistan Business: A Direct Approach: -
How is business in Pakistan these days? Could it be better?
What strategies can be adopted to make it better? What does 2011 hold for its
economy and your business?
Have a majority of Pakistan's small to medium sized
enterprises (SMEs) considered expanding directly into global markets in North
America, EU, Asia? Either by finding distributors/wholesalers in these regions
or by soliciting business directly from the end-user whether this is a company
or individual consumer? Can these companies utilize direct and interactive
marketing (DM) to expand beyond their borders? How can they do this and what
are the most effective and affordable ways to do so? If they are already in
global markets, how can DM be used to support and improve their efforts and
results? Can DM be used to increase market share in their home market?
Pakistan SMEs are fortunate to have organizations like the
Small and Medium Enterprises Development Authority (SMEDA) and the SME Bank.
These organizations recognize the importance and the vast potential of SMEs.
Working in conjunction with private and public agencies and associations and
armed with the knowledge that they can expand their business themselves, should
propel a percentage of Pakistan's SMEs into the global arena.
In Pakistan, 93% of all business enterprises are listed as
SMEs. That's 93% of nearly 3.2 million businesses. Pakistan's SMEs contribute
+30% to the overall GDP and 25% to the country's total export earnings.
Even if only 1% of Pakistan's SMEs take the global direct
approach, that's almost 30,000 companies entering the global market. Perhaps a
more realistic goal would be for 1/10 of 1 percent (0.001). That would still be
nearly 3,000 companies! That's good news for Pakistan's economy and employment
picture and to build Pakistan further as a global brand.
Can this be done effectively, efficiently and at low risk?
Yes it can. Is there sufficient opportunity for solid return on investment
(ROI)? For those businesses that can provide their goods/services overseas,
Yes!
As a market example, the U.S. is the most "business and
import-friendly" country in the world. US import value exceeds 95% of the
GDP for all countries of the world combined. The U.S. makes it easy for
non-residents to establish businesses here. There are highly targeted databases
available on over 23 million businesses and on every household in the U.S. One
U.S. data company offers over 300 demographic and lifestyle selections on every
household in the U.S. Total US import values in 2009 were US$1.7 trillion
dollars even with overall imports declining in that year. This resulted in
generating US$30 billion in import duties and fees which makes the US Customs
Bureau the third largest generator of revenue in the U.S. after the
International Revenue Service (taxes) and the Social Security Administration
(retirement/pension fund).
Let's look at one market segment: textiles and apparel
imports into the U.S. With only one exception- when textile and apparel imports
fell by 2.0% in 2001, these imports have risen steadily since 1989-culminating
in a total value growth of 249%. While imports declined in 2009 by 9%, a double
digit increase occurred in 2010.
And to make it even more inviting, there are excellent
companies within Pakistan that can provide the creative, marketing and tech
services needed for a company to expand globally by going direct to the
end-user.
Pakistan's businesses should ask, "Are we taking a
passive or active approach to our businesses?" Pakistan is not alone in
the need to ask this. The global economic downturn has affected all markets.
Advances in technology and reliance on the internet have both assisted business
and threatened the very foundations of how many businesses function. Many, by
necessity, are experimenting with new methods, diversifying, trying new things,
adapting to new realities.
How do individual businesses maintain market share and
increase their export business? What methods are used to ensure business
increases? If the traditional models are functioning efficiently, that is
excellent news. But in these difficult times, is this enough? Are there other
methods to test? The global economic reality is that all businesses have to do
more.
Should each SME in Pakistan consider taking a more direct
approach to both global and domestic sales?
Consider, yes. Act upon it? Not always. Every SME's business
model and circumstances will differ. To increase domestic market share it will
depend on if the goods/services offered lend themselves to a direct approach.
Will DM prove responsive and be worth the investment, however small? If the
goods/services can be marketed outside of one's borders, and if management has
the comfort level to implement a direct strategy and if the ROI is there, then
a global direct strategy needs to be seriously considered. Staffing need not be
an issue as much can be overseen by one or two people.
What is a direct approach and how can it be utilized and
maximized to find more customers.
The direct approach involves determining as precisely as
possible the target market-your potential customers and clients. This can be a
direct sale to a customer-either an individual consumer (B2C) or a company
(B2B). Or it can involve using DM to finding local agents/distributors or
wholesalers abroad who will purchase your products and then sell them through
their existing networks. The next step is choosing the best message and methods
to reach the prospects directly. Can a direct sale take place with little
introduction or is it imperative to introduce your company and educate the
potential target as to the benefits of doing business with you? Usually an
introduction is needed and credibility needs to be established. How to start:
Begin by mining databases for best prospects, refining these lists and
determining the best method(s) of contact.
How can this be accomplished?
o What is you desired result? Immediate sales, encouraging
any type of contact with your company, asking the prospect respond to a survey
or specific questions, securing a meeting for a presentation, promoting and
raising the awareness of your company or brand within an industry sector,
directing responders to your website or signing up for a newsletter/e-letter?
o Start with a review of your target market. Then find
sources that can not only find the best databases but fully refine the search
so nothing is wasted. One pays a certain amount per thousand records so
refining the target universe saves money immediately and can further save on
printing, lettershop, and postage costs if the preferred contact method is a
postal campaign.
o If present, incorporate your internal house file of
customers into the data mix. Use this information and transaction history to
better identify and isolate like customers and clients from commercially
available databases.
o Decide how your company needs to be positioned. What image
best projects and promotes your brand or corporate identity? Is it price,
quality, service, speed of delivery, reliability, industry reputation? Do any
of these separate your company from your competition?
o What is the optimal contact strategy to secure the
response desired? Is a single contact sufficient? Will it require a series of
contacts? Is contact via one form of communication the best option? Or is an
integrated campaign of two or more of the following a better option (postal +
email + telephone+ social media)?
Due Diligence
Due diligence may be required for any and all of the
following to clarify: best markets, market size, revenue potential, competitive
analysis, vendor sourcing, free and fee-based research and market entry
assistance. Depending upon the target country, there may be a variety of free
services available for market entry applicants, usually provided by local or
national governmental agencies. These can be identified and navigated by local
on-ground sources the SME knows or retains. Due diligence can be undertaken
either by in-house resources or by contracting and retaining an appropriate
consulting entity or by a combination of both.
What would be the initial investment in time, personnel and
money?
Again, this depends upon the type of campaign and how much
is possible to be undertaken by existing employees. Retaining outside expertise
and consultancies is fully negotiable and based upon time/effort involved.
Upfront fees may be able to be mitigated (but not eliminated) by including a
commission on future sales. Renting and broadcasting an email campaign can be
inexpensive as there are no postage, printing and paper costs. Whether it works
will depend upon the offer and if the email is opened by the targeted
recipient. How to differentiate your solicitation from the many junk and spam
emails received is an important consideration. If it is opened, is the message
one that conveys credibility and value enough to gain interest? Relying on
website visibility is another possibility but this may require some investment
in search engine optimization (SEO) to ensure that your company comes up in an
online search.
What are the basic costs?
Costs depend upon the campaign and which geography one is
targeting. Basic list prices for instance vary widely by region. U.S. data is
by far the least expensive due to the large number of lists available, the
highly competitive marketplace for brokering these lists and the sophistication
of the technology involved which has made data a commodity. Examples: U.S.
lists may have a range of US$50-$100/M (per one thousand names). European lists
= $150-$250/M, Asian lists: $200-$350/M. Highly specialized lists will run
higher in all markets. Postal campaigns need to factor-in printing and mailing
costs. A tele-marketing campaign will have the long-distance phone charges to
consider although there are many low-cost methods to utilize. Creative costs
are to be considered for creating a mailing piece or any collateral material
used to support the campaign. Much can be done electronically (paperless) and
downloaded from a website.
Risks?
Taking a direct approach requires faith in your product or
service and seeing a potential market beyond one's own borders. Market research
should be conducted to confirm that there is a market. Prepare to be both
patient and systematic. Success may come but perhaps not right away. The one
true and unchanging tenet of direct marketing is to test. Then test some more.
Even when successful, keep testing to improve both the response and the
marketing materials being sent. Take the successful "control" package
and test it against others. Test price points where applicable. The testing and
refinement is ongoing and pays dividends. It is common in the U.S. for a
company to receive a return $8 for every $1 invested in DM.
Timeframe
This is entirely dependent upon the type of strategy and subsequent
acquisition campaign selected and how much collateral sales and marketing
material must be created. It can be achieved in a relatively short period of
time, perhaps 60-90 days at a basic level. ROI will be dependent upon how
effective the campaign is and what the typical sales cycle is for a particular
product or service.
What are the consequences of not experimenting with new
sales methodologies-of continuing business as usual versus taking an aggressive
direct approach?
Gradual loss of market share and slow or static growth.
Factors for this can include: market saturation, attrition of
customers/clients, competitors underselling and thus forcing your pricing (and
profit margin) lower, losing market share to new firms implementing new
technologies and marketing methods.
Utilizing a direct sales strategy for both domestic and
global sales
Employing new sales acquisition methodologies is not limited
to global campaigns but can and should be used to improve domestic sales as
well. A successful domestic strategy within Pakistan can often be adapted for a
global campaign. Conversely, a global campaign that proves responsive can be
adjusted (tweaked) for use as a domestic campaign. Finding the trigger that
generates a response is the key.
Building a personal network of contacts
Rent/license databases or using Business social media
platforms for starters. Attend trade shows or conferences or acquiring attendee
lists to these. Word-of mouth. Ask within your network of associates. Compile
contacts from websites and Trade publications.
Developing a brand presence in a target country or region
A campaign to build brand awareness and acceptance through
traditional (advertising) methods can be very costly. Using DM gives added
exposure, familiarity and can educated prospects about your company and its
services. Cost will depend upon which methods and media are used and what is
required for each individual business model. The advantage to a direct approach
is that it can be done inexpensively.
Creating a real or virtual office overseas
Either is possible. A virtual office can be a Post Office
Box or a local telephone number that transfers directly to your office
telephone or a dedicated line within your office in Pakistan. A real office
need not involve signing a lease, furnishing an office suite and hiring staff.
There are firms that rent office space and/or provide all necessary sales and
office support services for a monthly fee. These are available in all major
cities.
How a Pakistani citizen can form a business abroad
This will differ by country or region. Let's take the U.S.
again as an example:
A foreign national can form a US corporation. The
corporation will be formed by an 'incorporator' which is often a company or a
lawyer, who will then resign in favor of the shareholders (owners) of the
corporation. The shareholders (owners) need not be identified or registered.
The corporation will be registered with the Secretary of State, Division of
Corporations of whatever state is chosen. Often the state chosen is one with
favorable tax legislation. The shareholders can be individuals or other
corporations, including foreign corporations. One person or a number of people
can hold all corporate positions and titles: director, president, secretary and
treasurer. That person or persons need not be residents of the United States
and can conduct business from outside of the United States. It is required that
the corporation always identify a "registered office" in the U.S. and
a "registered agent" who must be a resident of that State.
o What are the types of corporations?
"C" corporation is responsible for the debts of
the corporation, but not the individual shareholders. The net profits are taxed
and the dividends are paid to the shareholders who may have to report the
dividends as income.
"S" corporations have the same functions and
benefits as "C" corporations, except that they can have no more than
35 shareholders. To qualify if not a U.S. citizen, have an E-2 investor visa,
L-1 visa and B-2 tourist visa, and pay taxes in the U.S. "S" corporation
profits are passed on to the shareholders and are not taxable to the
corporation.
A Limited Liability Company (LLC) is a corporation with
limited liability, similar to a "S" corporation, yet with several
significant differences. One major difference is that it requires at least two
persons to form an LLC. The owners need not be U.S. citizens or U.S. taxpayers.
This is the easiest way to form a company.
o How much capital is required?
The minimum requirement is US$100.00 (one hundred
dollars).This would work out for example, $1 value per share for 100 shares.
The capital requirement may depend upon the type of company and its
circumstances.
o Must the owner live in the United States?
No. A person can ask an incorporator to form the corporation
without being in the U.S. The incorporator can sign the articles of
incorporation. The president and secretary must sign the shares giving
ownership to the shareholders. Later the shareholder can sign documents at the
required annual meeting.
o Identification and tax registration
Social Security numbers are available only to U.S. citizens,
Green Card holders or people holding a U.S. visa which allows them to legally
work in the US. Others may apply for a Taxpayer ID Number from the Internal
Revenue Service if they must file a U.S. tax return. The application must be
signed by an officer of the new corporation. If that person does not have a
Social Security Number, then a copy of the foreign passport must be attached to
the application. If the corporation will sell products to the general public,
it must also apply for a Sales Tax Number from the State Department of Revenue
and collect sales tax. Businesses are also required to register with the city
or town where the business is located and may be subject to local taxes.
Maximizing the Internet
Everyone with a website is a potential global player and can
and should build an international brand and use the site to attract more
customers. Creating a new website or adapting an existing one tailored to the
eyes and customs of a global audience is essential. It can be created in
Pakistan by one of the many talented design firms. But it will need a
"local eye" from the target market or a global expert to add the
visual comfort touches that will make it, and therefore your company, credible
and impressive. Copy changes will be needed. Text written in paragraph form may
have to be shortened to bullet points. Translation may be required, depending
upon the target market(s). Even English may have to be adapted if being viewed
by an American audience.
Using social networking to your advantage
Companies are still experimenting with ways to take
advantage of the huge number of people using social networking sites to build
brand awareness, establish acceptance of the product/service and spread the
word via word-of-mouth marketing. Social networking for businesses goes beyond
Facebook and Twitter to include the business sites such as Linked-in and Plaxo.
Creating your own news or e-letter communication can also be considered.
Finding the best vendors/suppliers
The same methods one uses in one's home market will often
apply. Local trade associations, chambers of commerce, even governmental
agencies can all assist. Word-of-mouth recommendations from individuals who
have done this for their own businesses or offer consulting services are
valuable.
In conclusion, companies and individual business owners
everywhere need to take their sales directly to their existing and prospective
customers. They need to expand their market to find new customers. This does
not mean abandoning their tried and true models or supplanting these with new
priorities. But it does mean adding and integrating new methodologies into
their existing model. While it sounds like a contradiction, one can build upon
the basic model while diversifying. It doesn't have to be the foundation of
your business. But it should become an integral part of it.
Top Attraction to See in Peshawar
Top Attraction to See in Peshawar
The City of Peshawar is world renowned due to its boundless
variety of historical attractions portraying the prosperous past of Pakistan.
The beauty and grandness of the monuments in the city leave the travellers
completely dumbstruck and entice them to book tickets to Peshawar. Here are the
top five attractions in Peshawar that make the city a perfect holiday
destination for historical aficionados.
Peshawar Museum
The Peshawar Museum impresses the visitors with its elegant
portrayal of the life of Lord Buddha. The museum features a massive collection
of Buddha heads that differ in shapes and sizes. Moreover, the Peshawar Museum
features a spacious hall and four outstanding galleries exhibiting Ghundjara
Sculptures, terracotta figurines, lithic inscriptions, restroom, trays,
household items and many more. Travellers with a penchant for history never
miss a chance to visit the Peshawar Museum after booking their airline tickets
to Peshawar.
Bala Hisar Fort
Bala Hisar Fort is one of the most famous and most
frequented historical places in Peshawar. The beautiful scenic landscapes
surrounding the fort play a great role in accentuating the overall
exquisiteness of the fort. Being situated at a great height, the Bala Hisar
Fort proffers marvellous panoramic view of Peshawar and the adjacent areas.
Bala Hisar Fort has been the residence to many legendary rulers of the region
and now it has been opened to public as a museum.
Hunza Valley
The travellers booking air tickets to Pakistan never forget
to visit Hunza Valley - a true paradise for nature devotees. The place is best
to escape the hustle and bustle of the city life and unwind in the serene
ambience. The striking landscapes surrounded by the three spectacular mountains
- Ultar Sar, Ghenta Peak, and Rakaposhi - make the place look like a living
heaven on earth.
Altit Fort
Altit Fort is considered as the most photographed fort in
Pakistan. The fort lures heaps of tourists every year. The great mountains of
Himalayas surround the fort and amplify the grandeur of the whole place.
Travellers are hypnotized by the beauty of this majestic place and never forget
to put their cameras to use to capture the astonishing splendour of the fort.
Baltit Palace
The travelers who wish to relish the authentic culture and
rich past of Pakistan must include Baltit Palace in their itinerary. This
breathtaking palace has seen many generations of Mirs rising and falling down.
Baltit Palace still features the traits of the existence of those legendary
rulers and narrates glorious stories of their past. The sculptures and artworks
engraved inside the Baltit Palace are marvellous and relate amazing facts
hidden in the Palace. From the top of the palace, one can take a look at the
beautiful landscapes of the city of Peshawar.
The Climate of Islamabad
The Climate of Islamabad: -
The climate of Islamabad, the capital of Pakistan, is
pronounced continental with extremes of temperatures. Following is the
description of its temperature and rainfall in a little more detail.
Temperature:
Due to its extreme continental location (Islamabad is
located more than 1000 miles from Arabian Sea), the city gets very hot in
summer and can be quite cool in winter. The hottest month records 90 F while
the coolest month is at 50 F - range of 40 F! During the peak of summer the
temperature can climb to 117 F (47 C), while during a cold spell it can plunge
to 25 F (-4 C). These are however extreme figures and the temperature of
Islamabad is generally a little better than rest of the plains of the country
due to its proximity to mountains. Murree, a favorite hill station of Pakistani
people having a height of 7,500 feet is located only 30 miles (50 km) from
Islamabad. Therefore the hot spells are not as persistent as on the plains of
the country and are frequently broken down by thunderstorm which bring down the
temperature temporarily.
The winters are prolonged as compared to other plain
stations of Pakistan - again due to nearness to hills. Even in mid -March when
the high exceeds 90 F the low remains below 50 F due to the incursion of cool
air from the mountains.
Rainfall
Due to its favorable latitudinal position and closeness to
the hills, Islamabad gets appreciable rain both in winter and summer months. In
fact there are only four months of the year which get less than 2 inches of
rainfall and these are October, November, December and May. The summer rain is
mostly due to monsoon and is particularly heavy. It is common to get as much as
6 inches in 24 hours during a wet spell.
The rain of winter is however light to moderate and is the
result of western disturbance - a rain bearing system that has its origin in
Mediterranean Sea. All the winter months except December get more than 2 inches
of rainfall. After the rains, the weather becomes clear, sunny and very cold.
In short the climate of Islamabad has extremes of
temperatures due to its continental location and the best season to visit it is
October, November and March, April when the days are moderately warm and nights
delightfully cool.
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