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If you’re not familiar with the term leverage in a business sense, it refers to the way a business obtains assets to use for startup purposes or for expansion. A slight variation on the term, leveraged, means that a business...
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Strong cash flow is essential to enable small businesses to prosper and grow. However, setbacks such as late-paying clients, seasonal fluctuations in sales, unexpected expenses, and sudden emergencies can devastate your company’s finances. One solution to these and other financial...
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Successful entrepreneurs monitor all the various facets of their businesses. One of the most important areas for you to pay meticulous attention to is accounting. Here are some reasons why periodically checking your business financials is crucial to the growth...
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Deciding on how much office space to buy or rent is an important decision for any business. To help you in that process, this article provides several tips to keep in mind. Choosing a Style Office space comes on a...
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Succeeding in a modern business involves much more than deciding which product to sell or service to render, starting up, and raking in the profits. To achieve sustainable business growth you need careful planning, meticulous organization, creative flexibility, and indomitable...
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For the most successful businesspeople, professional development never ends. No matter how much you know about your area of expertise, there’s always more to learn. New advancements and trends are continual in nearly every field. Keep on the cutting edge...
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Dealing with habitually late workers can be frustrating, but this is an inevitable aspect of employee management. You may not be able to avoid this issue, but you can certainly implement effective ways of handling it. By acting strategically and...
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Inspiring customer loyalty requires a deep and ongoing relationship between your brand and the customer. In today’s crowded, competitive market, it’s easy for customers to forget you, even if you’ve provided great service. Use these customer retention tips to win...
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Although in a helping and healing profession, doctors must also consider economics in running their medical practice, in order to remain in business. To serve your community and patients well, keep these practice management basics in mind: Identify Areas for...
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You have several options when it comes to obtaining business loans so you have the financing you need to start or manage your company. Term loans, which you obtain from a bank or credit union, are one of the most...
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