Startup Requirements To Include In Your Budget When Bootstrapping
So much to do, so little business funding. That’s the sad story at most startups. Wildly ambitious but comically cash-poor, many entrepreneurs have to scrimp, save and scrap for years before they finally land that first big client or close that first public funding round. It’s one thing to cut unnecessary costs. For instance, simply using efficient fixtures and lighting in your office can reduce your power and water consumption, reducing your company’s utility bills month after month. That won’t single
New WhatsApp Marketing Strategies For High Engagement Global Reach
WhatsApp is an instant messaging app for smartphones. It uses the internet to make voice calls, video calls, send text messages and share files. Aside from personal communication, WhatsApp is also a great business use. Just like the new influencer marketing trend, this app has paved the way for an entirely new form of marketing. This app is used by almost 1 billion people around the world, making it an excellent tool for marketing. Through WhatsApp, you can send private messages
How Revolving Credit Can Improve Your Company’s Finances
Revolving credit is a line of credit where a customer or organization pays a commitment fee and is then allowed to use the funds as they are needed. It is most often used for operating purposes and can fluctuate from month to month depending upon the borrower’s needs. This is different from a traditional installment loan because installment credit is payed back within a specific scheduled period. On the other hand, revolving credit has open-ended payments with the option to borrow
Multipurpose Office Items Hacks For Most Productive Work Environment
Anyone who operates a business knows that the key to productivity relies, at least in part, on the efficient use of space. Clutter and disorganization do not just lead to wasted time; they can also send the wrong message to clients, vendors, and new hires as to the values held by you and your team are all about. Thanks to the Internet, there are a ton of office organization techniques that really anyone can take advantage of – on just about
Best Employer Branding Strategies To Fill Open Positions With Top Talent
Employer branding is the process of promoting a company or organization as the employer of choice to a target group that the company wants to recruit or retain. Essentially, employer branding is what makes people want to work for your company. Your reputation as an employer can be the key to bringing in new talent. Consider a company like Warby Parker, where top talent are clamoring to join the team. If you are interested in learning more about how you can
Advantages Of Internet Business To Reach A Wider Marketing Audience
The internet plays a significant role in today’s society. Individuals everywhere turn to the world wide web for information, entertainment and communication every day. However, the internet is not only for personal use to find money saving tips. Businesses are making great efforts to integrate themselves online as well. If you are a business owner, you may be interested in learning about the many advantages of internet for business use. Keep reading below to find out how you can utilize the
Marketing Tips For Mortgage Brokers To Find Potential Customers Easily
As a mortgage broker, you need to think of unique ways to find potential customers for mortgage loans. Marketing yourself to the right customers will increase your chance of getting more businesses. So how can you go about this? Below are a few tips to get you started. Social Media Marketing If you are not on social media, you could be missing out on so many chances to connect with potential customers. You can use social media not just to post
Setting SMART Goals: A Guide To Accomplish Business Objectives
SMART goal setting is a process that is designed to help individuals and businesses develop and achieve their goals and can be used by every kind of business model. The success of this process lies in the acronym, which outlines the key points needed to set a useful goal. This process can be especially helpful for entrepreneurs hoping to start their own business. By following the SMART goal steps as they are listed below, you can accomplish your business objectives more
Importance Of Fraud Triangle In Effectively Preventing Business Fraud
The Fraud Triangle is a theory that was developed by criminologist Dr. Donald Cressey. Cressey, who primarily focused on embezzlers in his research, hypothesized that there are three factors that must be present in order for a person to commit fraud. These three factors are: opportunity, pressure and rationalization. With these three circumstances in place, people are more likely to commit fraud. However, there are ways to prevent this, and we do not mean credit card processors fraud. We mean inside
Easy Ways To Secure Business Information Against Hacker Data Breaches
Whether your business operates online or offline, its cyber security is important. When your company’s sensitive data is breached, it can damage your business reputation and break customer trust and loyalty, especially if it’s not managed properly. But prevention is a lot better than cure. In this case, you protect your business data from phishing scammers and hackers before they start accessing it. Here are some simple and effective ways to keep your online business information secure all the time: Monitor
How To Buy A Foreclosure Home For Long Term Property Value Gains
What does bankruptcy do? Well, it often leads to foreclosure. Buying a foreclosed home can be risky. However, these homes are often well below market value which can be enticing to buyers. If you are on the market for a new home, buying a foreclosed home can seem appealing. In order to avoid the potential pitfalls of these inexpensive properties, it is important to follow the steps below. Here, we have listed exactly how to buy a foreclosure so that you
Popular Organizational Structure Types That Foster Open Communication
An organizational structure is how a business is set up to accomplish specific goals. The set-up you choose will play a crucial part in the overall development of your company. There are many different organizational structure types that you can choose from, each with its own benefits and disadvantages. Below we have listed the most common organizational structure types that you should consider for your organization if you need a little business help. Traditional Hierarchy A traditional hierarchy is the most
The Best Business To Start For Every Entrepreneur With Limited Capital
Starting a new business can be an expensive endeavor. Many aspiring entrepreneurs cannot seem to take advantage of a business opportunity due to the costs associated with founding a business. This is even true if you are just trying to start your own online business. However, there are many options available that require little to no start-up capital. If you are interested in learning more about the best business to start without a lot of money, you have come to the
5 Best Ways To Win Construction Bids Without Sacrificing Profits
Before any construction work can begin, construction companies must first secure a project by winning a construction bid. A bid in construction is the method of submitting a proposal (or
5 Small Office Rental Space Design Ideas For A Functional Workplace
Businesses that operate in small office rental spaces often struggle in the productivity department. As a business owner working in a small office rental, you can continue working out of
5 Steps For Forming A 501c3 To Give Back To The Community
At some point, business owners eventually reach a point of success where they feel like they are in a good place to give back to their communities. Forming a 501c3
Why Is Business Process Automation Crucial To Your Business?
If you take an honest look at your business organization chart and how it is operating, it may not surprise you that a few key issues may glare back at
5 Best Market Research Database Tools To Increase ROI
Market research databases offer key insights to consumer preferences and behaviors. These choices could lead to a successful product. When developing new products, these databases can increase your return on
5 Best Business Card Scanners Features For Optimal Promotion
Business card scanners allow business owners to take advantage of the new connections they make. As a business owner, you are making new contacts all the time. Business card scanners
How Zine Marketing Could Spark An Opportunity For Modern Brands
Branding is all about establishing an identity and making that identity visible to the right people. But with so many of today’s marketing “best practices” being overused, it’s hard to
How Law Office Software Improve Productivity At Your Firm
Law office managers are always looking for ways to boost efficiency. After all, office spaces require specific factors to create productive environments. Legal work requires huge amounts of paperwork. As
5 Strategies To Negotiate Your Restaurant Lease Agreement
Possibly the most well-known single piece of advice for any aspiring entrepreneur is the age-old adage of “Location, location, location.” Choosing the right spot can make or break a restaurant
The Need For Proactive IT Infrastructure Management Is On A Rise
The need to keep all infrastructure running at their top functionality is giving rise to proactive IT infrastructure management. When you are able to keep all the systems and networks
Easy Small Business Money Management Tricks For First Time Entrepreneurs
Managing finances for a small business can be an overwhelming task. This is particularly true for entrepreneurs who are new to owning a business. Realistically, business owners have to learn
How To Get Funding For A Nonprofit
The most important thing you need when running a business is capital. When the business you’re running is a nonprofit, it can make acquiring the capital you need even more
5 Reasons Independent Lending Might Be Worth The Risk
According to the old adage, it takes money to make money. In the world of lending, this is basically true. A lender takes a chunk of capital, builds a system,