Most ribbon-cutting ceremonies involve having a business owner, chamber of commerce dignitaries and maybe some area politicians taking part in a ceremony to launch a new business. Before the actual ribbon-cutting, one or more of the politicians or chamber of commerce dignitaries delivers a short speeches about the good that the business will bring to the local economy.Know More
In addition to participants, most ribbon-cutting ceremonies have invited guests. These guests usually include politicians, business owners in the area, chamber of commerce members and the media. The goal of a ribbon-cutting is to try to get publicity for a new business, a business move or a new business location.
It is important for business owners to have photographers on hand; photos of the ribbon-cutting can be sent to media who don't attend and used on a company website.
A ribbon-cutting is a good time for business owners to acquaint people in the existing business community with the employees and management of the business. Business owners should consider catering the event, so people can enjoy a snack and a beverage after the event and spend some time mingling.
Most chambers of commerce have the big scissors used in the ribbon cuttings. If a business is not a chamber member, it will have to provide its own scissors.Learn more about Business Resources
Safety briefings are conducted in an organization to increase awareness of safety concerns associated with duties and responsibilities. According to the Institute for Healthcare Improvement, safety briefings gather staff insight and create an environment that integrates safety into the daily work routine. Over the course of time, conducting regular safety briefings can develop a culture of safety within an organization.Full Answer >
A "sangeet" ceremony is a wedding tradition observed in India that involves singing, dancing and music. It traditionally occurs a few days prior to the "mehndi" ceremony, which is the ritual of applying henna ("mehndi") to the bride in preparation for the wedding itself.Full Answer >
A managing director is in charge of developing new business for the firm, ensuring customer satisfaction, employing and retaining workers and briefing the board of directors on the development of the firm. He wins and maintains new clients and also creates harmonious working conditions for all employees within the firm. A managing director runs the business on behalf of the board of directors.Full Answer >
Owner's capital is the initial cash or equipment invested by an owner in a new business. The amount of capital needed to start a business varies by business type, and should be determined by the business owner during the process of making a business plan.Full Answer >