Small and medium-sized businesses are often tempted into thinking that they don’t need to market their products or services. This complacency usually arises when the
Every small business needs an easy to use and reliable accounting software that tracks the company’s finances accurately. Entrepreneurs cannot afford to spend a great
Every business owner needs to monitor his company’s cash flow very closely. In large organizations, this task is usually delegated to the CFO. Even if
Every business needs to establish a strong emotional link with its customers. The best way to do this is to create a business brand that
Small business owners often struggle to retain their most competent workers. Why do good employees leave? It is true that some employees quit for better-paying
Getting your loan application approved by a bank is not easy. After the great financial crisis of 2008, banks have tightened their credit norms and
A successful business often tends to add costs indiscriminately. Business owners get blinded by the fact that their company is rapidly growing its revenues while
An established business that is planning to grow its volumes invariably requires cash to finance its expansion. Given the fact that there are hardly any
Every small business prepares a budget on an annual basis. For some companies, this exercise provides a dynamic and powerful tool to monitor financial and
Designing a compensation plan for your employees can be a challenging task. The amount that you pay your staff should be close to the market rate.
Every small business owner knows that workers with a positive mindset are more productive and engaged in their jobs. Their optimism and can-do attitude can
If you are considering getting into business for yourself, buying an existing company could be an excellent option. You will get the opportunity to use
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