How to Choose a Domain Name for Your Business Website

1. Brainstorm 5 Top Keywords
When you first begin your domain name search, it helps to have 5 terms or phrases in mind that best describe the domain you're seeking. Once you have this list, you can start to pair them or add prefixes & suffixes to create good domain ideas. For example, if you're launching a mortgage related domain, you might start with words like "mortage, finance, home equity, interest rate, house payment" then play around until you can find a good match.

2. Make the Domain Unique
Having your website confused with a popular site already owned by someone else is a recipe for disaster. Thus, never choose domains that are simply the plural, hyphenated or misspelled version of an already established domain.

3. Only Choose Dot-Com Available Domains
If you're not concerned with type-in traffic, branding or name recognition, you don't need to worry about this one. However, if you're at all serious about building a successful website over the long-term, you should be worried about all of these elements, and while directing traffic to a .net or .org (as SEOmoz does) is fine, owning and 301'ing the .com is critical. With the exception of the very tech-savvy, most people who use the web still make the automatic assumption that .com is all that's out there - don't make the mistake of locking out or losing traffic to these folks.

4. Make it Easy to Type
If a domain name requires considerable attention to type correctly, due to spelling, length or the use of un-memorable words or sounds, you've lost a good portion of your branding and marketing value. 

5. Make it Easy to Remember
Remember that word-of-mouth and SERPs dominance marketing (where your domain consistently comes up for industry-related searches) both rely on the ease with which the domain can be called to mind. You don't want to be the company with the terrific website that no one can ever remember to tell their friends about because they can't remember the domain name.

6. Keep the Name as Short as Possible
Short names are easy to type and easy to remember (the previous two rules). They also allow for more characters in the URL in the SERPs and a better fit on business cards and other offline media.

7. Create and Fulfill Expectations
When someone hears about your domain name for the first time, they should be able to instantly and accurately guess at the type of content that might be found there. That's why I love domain names like hotmail.com, careerbuilder.com, autotrader.com. Domains like monster.com,amazon.com and zillow.com required far more branding because of their un-intuitive names.

8. Avoid Copyright Infringement
This is a mistake that isn't made too often, but can kill a great domain and a great company when it does. To be sure you're not infringing on anyone's copyright with your site's name. Search before you buy.

9. Reject Hyphens and Numbers
Both hyphens and numbers make it hard to give your domain name verbally and falls down on being easy to remember or type. Its suggested not using spelled-out or roman numerals in domains, as both can be confusing and mistaken for the other.

10. Extensions Matter (.com, .org, .net, etc.)
As of June 2013, there are 110 million .COM, 15 million .NET and 10 million .ORG domains on the web. Because most people still assume that .COM is the only possible choice, it's the better option.

Source: http://moz.com

9 Advantages of Computerized Accounting

An accounting system is a collection of processes, procedures and controls designed to collect, record, classify and summarize financial data for interpretation and management decision-making. Computerized Accounting involves making use of computers and accounting software to record, store and analyze financial data. A computerized accounting system brings with it many advantages that are unavailable to analog accounting systems. 

This article does not tackle the use of spreadsheets that are often used instead of proper accounting software to process financial data. It is common knowledge that spreadsheets do not provide a scalable solution for accounting purposes and therefore are a dangerous solution to invest in.

Here are the advantages of using computerized accounting software

Automation: Since all the calculations are handled by the software, computerized accounting eliminates many of the mundane and time-consuming processes associated with manual accounting. For example, once issued, invoices are processed automatically making accounting less time-consuming.

Accuracy: This accounting system is designed to be accurate to the minutest detail. Once the data is entered into the system, all the calculations, including additions and subtractions, are done automatically by software.

Data Access: Using accounting software it becomes much easier for different individuals to access accounting data outside of the office, securely. This is particularly true if an online accounting solution is being used.

Reliability: Because the calculations are so accurate, the financial statements prepared by computers are highly reliable.

Scalable: When your company grows, the amount of accounting necessary not only increases but becomes more complex. With computerized accounting, everything is kept straightforward because sifting through data using software is easier than sifting through a bunch of papers.

Speed: Using accounting software, the entire process of preparing accounts becomes faster. Furthermore, statements and reports can be generated instantly at the click of a button. Managers do not have to wait for hours, even days, to lay their hands on an important report.

Security: The latest data can be saved and stored in offsite locations so it is safe from natural and man-made disasters like earthquakes, fires, floods, arson and terrorist attacks. In case of a disasters, the system can be quickly restored on other computers. This level of precaution is taken by Clever Accounting.

Cost-effective: Since using computerized accounting is more efficient than paper-based accounting, than naturally, work will be done faster and time will be saved. When one considers that Clever Accounting, one of the latest online accounting solutions, starts at just €9.95/month, then computerized accounting really becomes a no-brainer.

Visuals: Viewing your accounts using a computer allows you to take advantage of the option to view your data in different formats. You can view data in tables and using different types of charts.

Source: www.cleveraccounting.com

Indian Garment Industry to Reach $ 223 Billion by 2021

India is the one of the world's largest producers of textiles and garments. Abundant availability of raw materials such as cotton, wool, silk and jute as well as skilled workforce have made the country a sourcing hub. It is the world's second largest producer of textiles and garments. The Indian textiles industry accounts for about 24 per cent of the world's spindle capacity and eight per cent of global rotor capacity. The potential size of the Indian textiles and apparel industry is expected to reach US$ 223 billion by 2021, according to a report by Technopak Advisors.

The textiles industry has made a major contribution to the national economy in terms of direct and indirect employment generation and net foreign exchange earnings. The sector contributes about 14 per cent to industrial production, four per cent to the gross domestic product (GDP), and 27 per cent to the country's foreign exchange inflows. It provides direct employment to over 45 million people. The textiles sector is the second largest provider of employment after agriculture. Thus, the growth and all round development of this industry has a direct bearing on the improvement of India's economy.

Market Size

The Indian textiles industry is set for strong growth, buoyed by strong domestic consumption as well as export demand. The most significant change in the Indian textiles industry has been the advent of man-made fibres (MMF). India has successfully placed its innovative range of MMF textiles in almost all the countries across the globe. MMF production recorded an increase of three per cent during the period April-July 2014. Cotton yarn production increased by four per cent during April-July 2014. Blended and 100 per cent non-cotton yarn production increased by five per cent during April-July 2014. Cloth production by mill sector registered a growth of six per cent during April 2013-July 2014. Cloth production hosiery sector increased by eight per cent during April-July 2014. Total cloth production grew by two per cent during April-July 2014.

With consumerism and disposable income on the rise, the retail sector has experienced a rapid growth in the past decade with several international players like Marks & Spencer, Guess and Next having entered the Indian market. The organised apparel segment is expected to grow at a compound annual growth rate (CAGR) of more than 13 per cent over a 10-year period.

Our Solution
In this competitive and challenging market, you need right strategy to grow. If you are looking for a software solution for your business, our leading software product Finac Garment can help you in your journey. Finac garment provides everything you require day in and day out, including billing, POS, accounting upto finalization, and inventory management for all size garment stores. The software helps you manage your business in a smart way, reducing your time and effort, and enhancing your productivity.

You can see the product features by clicking here, and if you have any kind of queries, please feel free to write to us at sales@alliedsoftech.com

Info Source: www.ibef.org

10 Reasons to Computerize Your Business Today

If you are running a small or mid-size business, and still following the traditional way of maintaining accounting, inventory and other records on paper, then let me tell you, you are wasting both your time and efforts. Why to manually do those tasks, which a computer can do for you, more efficiently and quickly. Leverage the power of technology for growing your business. Here are the 10 reasons why you should computerize your business today.

Speed: Computerization helps in processing the data placed in several data files in no time. This is possible due to the high speed of computers for processing data and CPU of the computer works at the speed of electricity which is the highest ever attainable speed. 

Accuracy: The data processed by the computer are highly accurate. The programs written on the system checks and controls data before and during processing. It detects invalid data and ensures high degree of accuracy and reliability of output reports.

Flexibility: The modern digital computers can be used for a variety of purposes. E.g. online processing, multiprogramming etc.

Choice of Configuration: Wide ranges of peripherals are available for many computer systems, which allow business organization to select those which most suit its processing requirements. 

Storage capacity: Large volumes of data can be conveniently stored, accessed and altered. 

Management information: They can be used to provide useful information of management for control and decision making. 

Data Processing: Computer has lifted the heavy data processing constraint with the manual system and has opened up new avenues for planning, control and data experimentation. 

Volume: Computers can store volumes of data and can retrieve the desired information quickly. This is very useful in the areas like insurance, bank accounts etc where large number of documents is handled every day.

Database: Computer facilities the establishment of database. Such a database integrates data records and reduces data redundancy.

Reduction in paper work: The use of computers for data processing has helped the management of business organizations to cope with increasing problem of paper handling. The computers have speeded up the process and have eliminated the paper needs.

Hospital Management System (HMS)

MediVision-HMS is a Hospital Management System or a Hospital Information System. It is developed for mid to large sized hospitals. It provides features to enable smooth, quick and easy operations within a hospital. It covers all aspects Hospital Management.

MediVision-HMS consists of different modules for different departments of a hospital. The different modules are connected to each other seamlessly using a central hospital management framework.

• Many satisfied users
• Product is being developed for more than 3 years and is still developed continuously
• A windows based product developed using self-developed front-end & back-end technology. Does not require any other database license to use, thus saving you from additional cost or fear of using pirated database or a database with limitations.
• Self-developed back-end offers superb speed & tamper-proof data security. No one can open, view, modify data outside the program – preventing frauds in your hospital.
• Online (Internet based chat/Email/Remote Access) & Telephonic support through our dedicated call centre.
• Very simple to use. No computer course is required. Workers in your shop can start using it within a few minutes.
• Numerous short cut keys for quick operations. Helps to handle in rush hours.
• Includes almost everything that is required to effectively manage a multi-speciality hospital.
• Manage working of Multiple Firms
• Includes complete accounting up to finalization. Avoid all time, money & efforts for maintaining separate accounting. Just feed your regular transactions. MediVision HMS will automatically maintain all accounting. Export data compatible with the “Tally” software for finalizations.
• Really easy to use. Any non-technical person can start using within few minutes
• Feature Rich – provides numerous options, quick-access keyboard shortcuts to access relevant information at every step
• Due to our in-depth experience in implementing various systems, MediVision-HMS is packed with numerous features in its first version, which many other people take years to realize and develop
• Stable, Reliable, Thoroughly Tested, Accurate
• Drill down or Zoom in facility for almost all reports. Helps in getting very clear understanding of the data shown in reports. Very flexible reporting – search, sort, export any report.
• Total independency
• Download setup anytime
• Data recovery tool in rare case of corruption due to sudden power failures
• Simplest method of closing financial year
• Integrated Backup & Restore tool

Module wise important features are as beolow:

OPD – Patient Registration, Appointments, Consultation, Examination, Diagnosis, Treatment, Prescriptions, Past History, Billing, Receipts, etc

IPD – Patient Registration, Admission, Service Posting, Medicines/Material consumption, Bed Transfer, Advance/Receipts, Refund, Billing, TPA, Discharge, Discharge summary, etc.

Nursing Station, ICU, Casualty – GOB, Medicine consumption, Medicine Replacements, Procedures/Services, Medicine Indent, RMO overbook, etc.

Medical Inventory and Pharmacy – Purchase, Sale, Transfer to/from departments, Sales Returns, Purchase Returns, Expiry Reports, Purchase Order/Indent, Inventory reports, etc.

OT – OT booking, Sterilization & fumigation status, OT details, OT Material consumption, Charges feeding, etc.

Non-Medical Inventory – Purchase, Sale, Transfer to/from departments, Sales Returns, Purchase Returns, Purchase Order/Indent, Inventory reports, etc.

Pathology / Investigations / Diagnostics Centre – Registration for Test(s), Sample collection, barcode printing, Test results feeding, Test Report printing, Billing, Receipts, etc. Covers Pathology, CT, X Ray, USG, etc.

Accounting – Day-to-day transactions, Bank Transactions, Cash Transactions, Payments to suppliers, Expenses, Receipts, Journal, Credit Note, Debit Note, TDS, Accounting reports – Ledger, various registers, Final accounts – Balance Sheet, Profit & Loss a/c, Trial balance, Bank Reconciliation, etc.

Administration – Tasks management, Management features, Staff & duty management, Staff performance, etc.

Payroll – Attendance, Leaves, Overtime, Advances, Resignation, Payslip generation, Paysheet, PF, ESI, etc. reports

Certificates – Medical Certificate, Birth Certificate, Death Certificate, etc.

User Management & Controls – User groups & users, access control, user activity report, etc.

Write to us at sales@alliedsoftech.com for any queries.