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How to Sustain a Business During an Economic Crisis

The stronger your business is and the more sustainable it is, the less risk it has when there is an economic crisis
Operations

Towards Better Procurement

Among the many costs that you hope to minimize when engaging in a business, procurement is probably one of the most important factors that you might have to consider. This is the same for both large scale and small scale businesses. Here’s a snapshot of procurement and ways in which you can make it more efficient and cost-effective.
A Guide to Entrepreneurship

A guide to entrepreneurship Ep 4: Financial Management & Planning

This conversation is on Operational and financial strategy, budgets, profit and loss, cash flow and debt management
A Guide to Entrepreneurship

A guide to entrepreneurship Ep 5: What Entrepreneurs do not know about Banking, Finance companies and Insurance

Asela Hulugalle (Commercial Bank of Ceylon PLC), Sumudu Fernando (People's Leasing & Finance Company Ltd.) and Priyantha Perera (Fairfirst Insurance Ltd.), discuss Banking and Financial services, Managing Loans and obtaining credit, types of Insurance etc..
Finance

Budgeting as an Effective Control Tool

“Budgeting” in the context of business can be defined as the process of estimating the finances of a particular business for a future period and planning its operations accordingly. Understood? Yes, me neither, for the first four times.
Finance

Winning the ‘Numbers Game’

When it comes to running businesses, there are many terms that often confuse us. In most cases, this is because businesses primarily deal with numbers, and the way they deal with numbers is different from our day-to-day dealing with numbers.
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How Financial & Non-Financial Auditing affects your business?

As the global business landscape continues to evolve at a rapid pace, companies are increasingly being held accountable for their financial and non-financial performance. One of the key tools in this regard is auditing.
Finance

Inventory handling and supply chain management

In today's competitive business landscape, small and medium enterprises (SMEs) face numerous challenges to establish and sustain their operations.One key aspect is supply chain management (SCM). A well-managed inventory and a streamlined supply chain not only ensures smooth operations but also contributes to customer satisfaction, cost control, and overall profitability.
Best Practices

Best Banking Practices for SMEs

Small and medium-sized enterprises (SMEs) contribute significantly to job creation, income generation, and overall economic growth. However, like any other business, SMEs in Sri Lanka require access to financial services to operate successfully.

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Diriya.lk is a sustainability and social innovation initiative of Dialog Axiata PLC. The content available herein is aimed solely for the purposes of educating, guiding and assisting Micro, Small and Medium Enterprises (MSMEs) in navigating the challenges of the fast paced business world. As such, Dialog Axiata PLC, its staff, its officers or Directors shall not be liable for any direct, indirect, incidental, special, consequential, or punitive damages or damages for any loss of profits, revenue, business, savings or data, incurred due to the use of the content available on Diriya.lk.

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