AUTOMATED BUSINESS BOT:BLOCKCHAIN SOLUTION FOR EFFECTIVE MANAGEMENT

Many at times we ask ourselves one question and that question is this what separate a successful business from that of one that failed and the answer is just one simple thing and that is effective management. Many upcoming Business of our present time fail to understand one thing and that is in the business world their is competition. A business venture comes up with a business plan that is usually an improved version of the presently used service or product meaning that automatically what the business venture is bringing isn’t new but that not still been the main factor, the new service or product can still win over the heart of the consumer by just with effective advertising which still goes down to effective management. A study as shown that yearly many businesses worldwide are been set up mostly those of of medium and small scale business and about 60% to 80% fail not because of anything but of ineffective management especially in developed nations. In developing countries many factors apart from management still play role in the short lifespan of many small scale business which mostly include the tight economic and financial environment but still with a good management board one can still survive the harsh economic environment because some still do and thrive in such environment.

Problems faced by small scale business and startups

There are various problems associated with the management of a small scale business starting from the board of directors who give there technical advice on what they feel should be the way forward for the business venture. Most times the board of directors may decide to give judgment based on the present financial or economy status of their environment without thinking of a possible change in the environment. Some don’t even think about what are the customers view on their product and services and most importantly most don’t develop strategy that will be of the long run, so when at distress or when at various conditions when the environment isn’t favorable it can lead to a serious distress within the business venture that can lead to closure of the business and even lead to financial bankruptcy to the startups of the business venture. Business management doesn’t only end at the management but also it involves the staffs working in a business outfit. Many staffs aren’t given good incentives to work so what is the end point when you have good directors, good business strategy, good financial resources but poor workers or employees to do what needs to be done at the right time. Without employees putting in their best into their various role to play in actualization of a given entity the product or services won’t reach the final consumers. This are some of the reasons why you find out that many small scaled business ventures fade out easily.

Solutions provided by Obizcoin platform

What of if an artificial intelligence was created in the form of a bot which can effectively manage your business ventures with little or no mistakes, a learning bot that sees the various things going around in the economic and financial sector and brings about a good diagnose that can be used to move the venture forward, effectively maximizes capital and finances and best of all gives good incentives to workers so as to maximize their productivity. This is what OBIZCOIN PLATFORM are bringing in. The decision to bring in artificial intelligence into the blockchain so as to improve survival of business ventures in the world is a first of a kind. The bot been program to know different types of business opportunities open up a ground for the business venture to diversify, ability to optimize the present business outfit resources to the best and per the venture need, analysing the strength, weakness, opportunity and treats of the particular business venture, ability to prepare and execute smart contract,provide good incentives to workers in the form of reward for a job will done and this reward will be in the form of token via the etherum smart contract, provide good auditing services at per the time when needed, and mostly provide a third party services. Through which starters of a business venture can meet with financial consultant and look for way forward in the business venture.

To provide the services of the bot, obizcoin platform will provide a dapp were the bot can be purchased, and various other software within the ecosystem can be purchased. To operate various aspects of the ecosystem obizcoin has decided to launch obizcoin which will be the platform currency.

Presently as you can see this platform will not and should not be the one you let go invest now

For more info visit= https://www.obizcoin.io//

To know more, download the whitepaper: http://www.obizcoin.io/images/Obizcoin-Whitepaper.pdf

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