5 Ways to Keep Business Loans from Ruining Your Business

January 21, 2019

What is your perception of business loans? If you are like most entrepreneurs, you see them as the lifeblood of what you do. Without the right selection of loans to help manage your cash flow, your business would not survive. Fair enough. But did you know that business loans can ruin your business just as easily as rescue it?

Business loans are just a tool. In and of themselves, they cannot make or break your business. Use loans properly and they can be instrumental in accomplishing everything from capital improvements to adding staff. Use them improperly and they will become a ponderous chain that drags your business into dangerous territory.

It is assumed that most business owners know how to use business loans from a practical standpoint. So instead, here are five ways to keep those loans from ruining your business:

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Filed Under: Finance Tagged With:

How Can Specialty Fleet Software Help Your Small Business Succeed

January 18, 2019


If your small business has a fleet of vehicles, it’s essential to know details about each car, truck, or van. Decades ago, the primary solution was to stay in contact with each driver via telephone or even a pager, but now, the options are significantly more high-tech due to software. Several fleet management solutions have emerged in the market that take advantage of advanced technology such as GPS, sensors, etc. to make managing the fleet safe as well as efficient.

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Filed Under: Technology Tagged With: ,

How to Present Food in the Deli to Whet Customers’ Appetite

January 17, 2019


You work hard to deliver a high-quality selection of seafood in your restaurant to the customers. Therefore, it is important to utilize smart marketing and presentation strategies to ensure shoppers notice and trust your product. A simple, yet effective tool, is creating an attractive display to show off your catch of the day.

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How to Be Less Busy in Your Business

January 16, 2019


Being the boss in a business can sometimes feel as though you are constantly moving, but not, perhaps, in a productive, forward motion. There are always things to do, but if you are going round in circles, always doing the same things over and over, and neglecting the bigger, more important tasks, then you won’t get anywhere. You might be busy, but are you being productive? There is a big difference.

In order to help you to be less busy and to assist you in doing more useful things in your business, here are some of the things you can do to help yourself and your business as a whole. It’s time to become less busy in your business and start making progress instead.

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10 Surefire Strategies for Hiring Great Employees

January 15, 2019


Even when jobs are scarce, finding great employees can be a challenge. A good employee is more than just someone who has the right skills to get the job done, they also fit in well with the culture and help those around them be better as well. Finding a good employee can sometimes be like finding a needle in a haystack, but there are definitely ways to significantly increase your odds. Here are 10 strategies for hiring great employees.

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What is Faraday Bag and Why You Should Use It?

January 11, 2019


Energy surrounds us at all times. Most of the time, this energy is necessary, it keeps everything on earth working the way it is supposed to. It also helps to create new things every day. Scientists are constantly learning new ways to harness the energy to be used in a variety of ways. Unfortunately, this energy can also be harmful. One type of harmful energy is called an EMP which stands for electromagnetic pulse. If this pulse is centered in an area where there are no electronic devices or electricity, it will not be a problem; however, it will damage any electronic device in its path. The level of damage will be determined by the strength of the pulse.

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4 Tools That Can Help Automate Market Research

January 11, 2019


Without a proper marketing strategy, companies simply cannot measure up to their competition. In the past, business owners were left to their own devices and were required to spend hour upon hour, researching their marketing strategies and checking out their competitors. Today, there are a plethora of marketing tools available and these make light work of a once tedious job. If you are a small business owner, make sure to check out these four amazing tools that will help improve your marketing strategy like never before.

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Filed Under: Marketing, Technology Tagged With:

Why Certified Mail Labels Remain a Popular Choice for Sending Important Documents

January 11, 2019


Though tech has transformed the communication space, there are some documents you may still need to send by “snail mail.” Important business docs like a legal notice, an original document, or a check, are better sent via the US Postal Service.

According to the USPS, their mail service processes 4.93 million emails per day— which raises another concern: items could get lost. One method to ensure your docs reach their destination is through the USPS Certified Mail. Here are the many ways certified mail can assist your business.

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Why is Statement of Retained Earnings Important for Small Business?

January 10, 2019


One of the most important financial and accounting concepts to be aware of when it comes to your company is retained earnings. Retained earnings can be seen as a business savings account that can grow or decrease, based on financial decisions. Mathematically, retained earnings are determined by:

 

Retained earnings = Net income – dividends + beginning retained earnings balance.

Let’s assume this business scenario. A company currently has $10,000 in beginning retained earnings along with $7,000 in profit. During this set time the company paid $4,000 in dividends. Using the formula, the company’s current retained earnings value would be $13,000. ($7,000 – $4,000 + $10,000).

It’s important to note that retained earnings are not the same as net income, also known as revenue. Instead, retained earnings are based on a company’s total profit along with other factors. Retained earnings are a historical count of net earnings that haven’t been paid out to shareholders.

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Filed Under: Finance Tagged With: ,

15 Marketing Tools You Want to Utilize to Skyrocket Your Business in 2019

January 9, 2019


It doesn’t matter what business you are in, there’s one thing that will always stay constant and that is the fact that the behaviour patterns of your consumers will be constantly changing. For this reason, you need to rely on your marketing team to implement strategies to meet this constant change and to even predict it where necessary. This is known as dynamic marketing and dynamic marketing tools are essential if you want your business to have a solid online presence and if you want to increase your brand awareness. But marketing tools do more than just let people recognize your brand; truly effective marketing tools can help to increase the traffic to your website that actually results in high converting sales and they can also help you to gather the essential customer data that will help you in the future.

Got your interest? Then take a look at the following list, where you will find 15 marketing tools and strategies that will help to skyrocket your company’s growth.

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Filed Under: Marketing Tagged With: