Posts Tagged“business”

When you love working with numbers and financials, choosing a career can be a tough decision. You’ve probably explored the idea of becoming an accountant or CPA. However, if you want to do more than balance books and prepare taxes, you might be considering a career as an operational controller or a financial controller.  Both are excellent career choices that share similarities, yet diverge in several big ways. However, both careers require intense commitment, determination, and plenty of studying. If you’re unsure which career is right for you, this article will help you make the right decision. What are the…

Whilst there will of course be a large portion of you who cannot wait to get back to work as it once was, there will no doubt be a large number of you who have become quite accustomed to staying at home to work. This setup is even better when the world is normal and it gives you the time and flexibility to do a greta number of things. Evan Dombroski is a digital nomad who inspired me to start my own business from home and over the years he has shown hundreds of ways in which people can work…

Working remotely from home, or anywhere with good Wi-Fi, was a dream of many workers. When COVID-19 hit, remote work became a reality whether it was wanted or not. David Highbloom, a 25-year entrepreneur with extensive experience is scaling business models, points out that many American workers found that working from home wasn’t the dream people thought it would be. Many workers found it difficult to find a ‘workspace’ in the house and that sharing the dining room table with their significant other was difficult. However, as time marched on, working from home proved beneficial and more productive. According to…

One of the best things you can do for your restaurant is to make it more efficient. A restaurant that runs more efficiently will cost less money, generate more revenue, take less effort, and even have a reduced impact on the environment. It’s going to be more successful than its inefficient counterpart, and it will develop a better reputation as well. The question is, what steps can you take to make a restaurant more efficient? Identifying Areas of Inefficiency Your first goal will be identifying the areas in which your restaurant is inefficient. These can manifest in several areas, including:…

A project is a time-bound initiative undertaken with a specific goal in mind. It needs a defined start and end date, a scope, and resources. With so many things to consider and numerous factors to account for, it becomes all-the-more challenging to plan and execute projects to perfection. To ensure that your project is a success, efficient and meticulous planning is essential. Sound Project Planning is thus the foundation of effective project management. Here are five things that you should focus on while planning and preparing for a project kickoff.   Frame a Business Case A business case is the…

The events of the past year have triggered a cultural shift in how businesses run. It’s expected that some companies will never return to a traditional office set-up, opting to reap the numerous benefits of working remotely instead. However, that leaves the challenge of having little facetime with employees during difficult times. Team leaders and managers have a duty to support their remote employees to bridge the gap of the online environment. Here are some effective ways to support remote employees now, and in the future. Install the Right Tools One of the most important aspects of supporting employees during…

Image credit: Imagesource.io Captive insurance companies are experiencing a surge in popularity at the moment. All over the world, businesses are waking up to the fact that this alternative way of dealing with the engorged cost of insurance premiums can give them a bit of a market advantage. Today, we wanted to explore exactly what it is that gives captive insurers and the firms that use them a competitive streak. What is it about this time-tested way to underwrite losses that makes it so attractive to high powered firms?  The 4 Top Ways Cell Captive Insurance Firms Help you Fight…

No one said it would be easy. Even if your business is booming, you can still get hit with cash flow problems thanks to inefficient investments or debts arising before you’ve collected enough money to pay them. Thankfully, your situation isn’t hopeless, even if your cash flow is going in the wrong direction. Here are five things you should consider doing if you want to turn your business around and get back in the black. 1. Consider Financing It’s no secret that running a business is expensive work. If you’re having trouble managing your supply chain and maintaining profits, you…

Business loans differ from a personal loan as they are used by companies, businesses or trusts for the purposes of business only. There can be quite a few reasons why you want to consider short-term business loans to include boosting your company’s cash reserves, needing money to cover the cost of a lucrative new contract, paying off a large bill, or seeking funds to expand your business. Before applying for short-term business loans, there are a few key things to be mindful of, and we’ll cover some of the important ones in this article to help you make a more…

Do you know the meaning of the term ‘Innovation report’? Why is innovation reports generated? The reason why businesses generate innovation reports is to provide a complete understanding of the potential of business and innovation. The focus in reports is on the outcomes of innovation in terms of empirical findings and performances that are attaches to the innovations made for business success. The top-class businesspersons and executives say that the success of business entirely depends on innovations made. Innovations make an individual’s mind creative, and it allows businesses and companies to stay pertinent and be the best in this competitive…