Silent partners provide companies with capital to operate effectively. Unlike general partners, silent contributors do not usually partake in everyday business tasks. Business owners create silent partner agreements to receive funding without giving up control of their companies. You can also gain business contacts from a silent partner, making them even more valuable for business growth. In order to truly ... Read More »
Many adventurous entrepreneurs are interested in becoming licensed travel agents. Travel agents recommend destinations, offer travel advice, and prepare travel packages for clients. Being a licensed travel agent additionally entails a number of transportation, lodging, and frequent free travel points or perks. While specific requirements vary state to state there are still several steps you must follow to become a ... Read More »
As 2019 comes to a close and 2020 begins, it’s a good time to reflect on your year, take a look at how your business performed and plan for changes to make in the new year. Some business changes are a simple, organic response to success: a growing start up needs to change it’s structure to ensure new staff are ... Read More »
Dropshipping is an excellent way to start selling products and earning profits online. Using the dropship model allows you to sell products you do not actually own. Because of this, you are more able to focus on marketing your services, supporting customers, and the daily operations of your platform. Before you start selling products online however, there are a few ... Read More »
Accumulated equity from residences has become a popular method to raise cash. Reverse mortgages are developed for senior citizens aged 62 and older, and encourage them to convert their home equity into cash. Unfortunately, reverse mortgages restrict your ability to pass on your property to your heirs. At the same time, they impose significant fees, interest rates, and closing costs. ... Read More »
Many individuals are now seeking organic solutions to help manage and treat their health conditions. Over-the-counter medicines might not be an ideal solution as it might deliver unwanted side effects. Anytime you can relieve pain for customers, there is an opportunity for profit. More so, this is a relatively new industry that could present a major opportunity with the right ... Read More »
Many business owners have begun considering Amazon’s business loans to grown their e-commerce business. Especially for Amazon sellers, the lending program is extremely advantageous. These financing options allow you to borrow up to $750,000 with fees lower than business credit cards. Depending on your eligibility, it can even be an extremely smooth application process. However, there are still several factors ... Read More »
The onboarding process is crucial to introducing new employees to your company culture, daily routines, and behavioral norms. A positive and welcoming onboarding process greatly contributes to the retention of employees. A major technique to show new hires your appreciation, is to purchase them welcome gifts. Once you believe you have selected the employee that is the right fit, you ... Read More »
In order to thrive in Canada’s market, companies need to acquire enough funding to expand their operations and increase working capital. Many companies apply for Canadian small business loans to obtain financing for equipment, relocation and hiring new employees. As a business owner operating out of Canada, you need to learn which loan best suits your needs. Read this post ... Read More »
Strong company culture is integral to the success of any organization. For business owners, company culture speaks towards employee morale and how driven your team is. The culture defines the goals that employees are working towards, and their cohesion in accomplishing those goals. Although this is generally shaped by your daily rituals and workplace norms, there are always steps that ... Read More »
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