Most businesses struggle to stabilize their cash flow. Their are many accounting, managerial and strategic benefits to having consistent revenues. As you can guess, a recurring revenue model is one of the best ways to help your business finances. The shift from one-off sales to residual income could be exactly what your company needs. As a business owner, you owe ... Read More »
In management, business strategies are the key component to meeting long-term objectives. They allow managers to dictate the direction of the business. However, strategy and execution don’t always align. To get results, experience managers implement various strategies to lead their companies. If you are in management, you will want to know what business strategies work for your business. Here are ... Read More »
If you are a business owner in debt, you are not alone. According to CNBC, US households have over $16,000 in credit-card debt alone because many rely on credit cards to pay for day-to-day necessities. Ignoring the bill collectors will only increase your money woes, not mention your anxiety. The sooner you face up to the situation, the sooner you ... Read More »
Business law requires a constant update on what are the rules and regulations of your industry. More specifically, employment law has a major impact on a business. Every business owner should have a strong working concept of the employment laws in their country, state and town. Depending on the various laws, employees and employers must abide by certain rules. In ... Read More »
Joint accounts allow two or more people to own a bank account. Typically, joint accounts can be traditional bank accounts by definition, virtual bank accounts or digital bank accounts too. Most people tend to think of couples sharing an account. However, join accounts are useful in business too. If you are starting a small business with a partner, you have ... Read More »
Business owners face the unique challenge of having two financial “lives” to maintain: their personal financial lives and their business financial lives. To keep both areas moving along and growing, it is crucial to bring in steady revenue, limit expenses, and save for emergency expenses. However, since we don’t live in a perfect world, all business owners have the potential ... Read More »
The hot topic in business right now is the idea of universal basic income. This is thanks to Facebook founder and CEO, Mark Zuckerberg, who promoted the idea of a basic income on his personal Facebook page. It is also a popular idea due to the rise in business automation. However, the idea gets some backlash from conservative business owners. ... Read More »
Most entrepreneurs dream of launching a tech startup in Silicon Valley. It is the famous name in the tech industry. However, if you are smart, you may want to look elsewhere for the perfect startup location. Silicon Valley real estate prices are sky rocketing, with homes in the area routinely selling for at least $200,000 over their asking price. Thankfully, ... Read More »
A distance learning course can be something that you do to broaden your knowledge on a subject you enjoy or, in most cases; it can help to advance your career exponentially. So, if you’re looking to open a new window of opportunity in your job, why not consider signing up for a professional course today? It shows that you are ... Read More »
If you own a business, you know that no workplace will ever succeed with unhappy employees. That is why company culture is such an important part of employee retention and overall business performance. If you need to improve workplace morale at your business, try implementing these useful company culture ideas to improve office camaraderie and, ultimately, productivity. Celebrate Special Occasions ... Read More »
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