Author Archives: Business First Family

Virtual Employee Management Strategies For Productive Remote Work

Virtual employees are people who are hired to work for your company remotely. Technology has evolved over the years, so much so that it is now possible to have people from halfway across the globe working for your business. Virtual employees have many benefits and even some disadvantages. Regardless, if you decide that remote work is the right choice for ... Read More »

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 ... Read More »

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 ... Read More »

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 ... Read 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 ... Read More »

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, ... Read More »

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 ... Read More »

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