Author: comparebankdeals

“What kind of business should I start?”, “How do I grow a successful business?” Most aspiring entrepreneurs ask these very questions at the beginning of their journey into business. If you are like most people, the idea of starting your own business probably involves a restaurant franchise, a coffee shop, or a retail store of some sort (such as selling clothes or books). Or, if you’re a little more in tune with the times, you’ll be thinking of starting a technology company of some sort and hoping to secure some venture capital funding. There is absolutely nothing wrong with these…

As many freelancers eventually realize, going into business for yourself means you actually take on two separate (very different) full-time businesses. How’s that for a surprise when you originally thought that you could blissfully code away and somehow the money would start rolling in? Starting a successful freelance career is promising but the path is not that easy if you are not prepared well. Enjoying freelancing is one thing but making a complete living out of it is a different story. You have to go through a number of stages to make a successful freelance career. This is actually what…

Is there something else you’re meant to be doing right now? You’re probably in the midst of a complicated project and had planned to take just a minute to send a tweet or update your Facebook status. Then you saw the link to this article and figured that reading about how to manage distractions would be a good thing to know. Hot Suzy in a basket of muffins, you’re distracted! It’s okay. We all get distracted sometimes. The difference between you and all the other people who get distracted easily is that you won’t continue to be distracted. You’ll read…

For freelancers, there’s a direct correlation between how many hours you work and how much money you make. Increasing your income can be tough because there are only 24 hours on any given day and most of us have to do things like sleep and spend time with our family at some point. Even when we’re working, we have to spend hours on administrative tasks that we’re not actually getting paid for. There are a few ways to increase the number of hours you can devote to paying work — without cutting the number of hours you sleep each night.…

A Lessor is a lease participant who takes possession of the property and leases it to the lessee for temporary possession. In a leasehold estate, for example, the landlord is the leasor and the tenant is the lessee. Definition of Lease A lease is a contract that requires the lessee (user) to pay the lessor (owner) for the use of an asset. Property, buildings, and cars are examples of leased assets. Leasing is also used for industrial or commercial equipment. A lease agreement is, in general, a contract between two parties, the lessor and the lessee. The lessee acquires the…

Everyone is familiar with the concept of interest, whether they are earning it on their investments or paying it on their debts. Simple interest and compound interest are two different types of interest and understanding the difference between the two can be very important. Definition of Simple Interest Simple interest is the application of an interest rate on the principal amount of an investment or loan, and it is relatively simple to compute. With simple interest, you would only apply the interest rate to whatever the principle balance is, and that gives the interest amount. For example: In a situation…

At any point in life, if you have ever thought of starting a business, the first question that came to your mind would have been “what would be the type of business?”. Not only you, but it’s also a common question any entrepreneur who is about to start a business has to face. Since the type of business directly affects the rights and responsibilities of the company, it is long-term planning. The corporate world may be a difficult place to navigate, full of jargon and expert words that many individuals do not comprehend. This extends to enterprises, which are arranged…

Setting clear financial goals is crucial for achieving long-term success and security. Follow these tips to set impactful goals and execute them. Set Specific Time Management Goals Identify Motivations for Financial Goals Prioritize Your Financial Goals Allocate Time to Financial Tasks Develop Consistent Money Management Habits Save and Invest for the Future Setting and working toward financial goals is essential for short- and long-term success. Defining goals transforms abstract aspirations into real results. Review and adjust regularly.

Everyone can benefit from having a household budget. But it’s hard to make a plan and then stick with it. It doesn’t have to be impossible, though. Using these 5 simple steps, it’s possible to make a budget that anyone can stick with. 1. Assess the Situation The first thing you need to do is get a grip on your current situation. Budgets are long-term documents, if you’re starting to budget because things are going poorly for you monetarily, don’t expect them to turn around overnight. Make a budget for yourself because you want to live within your means in…

Business owners face legitimate challenges as they start a new company; they must juggle various issues from employees to taxes to short- and long-term plans and more. In addition, you need to weigh different risks and determine how you will handle them and when – prioritizing your time. Despite the pending risks, you have started a business because you love the independence of running your own company, pursuing your passion, supporting your family and caring for your employees. Before you open your doors, consider the following risks you must know when you are looking for investors. You’ll want to fully…

If you are one of the many self-directed investors who gets a terrible feeling when their brokerage statement arrives, it may be time to consider hiring a financial advisor. It has been years since the “dot.com” bubble, the housing market imploded and the global recession started. While the markets have been able to come back and hit multi-year highs, the economy continues to struggle and experts remain divided on whether or not the recession ended. So what’s next? For most people, the facts leave them in a constant state of confusion, and worse, many people find themselves second-guessing some of…

In the earlier days of accounting, we use books or papers to track our accounting data. We all know where accounting starts. Yes, it started from the abacus. It is the first invention to calculate the values and store them on paper, in notebooks. Earlier times when they buy or sell goods or for business, they use to do the calculations with the abacus. Our human mind started to think in advanced mode and they found the calculators and now it is fully digital. This helped us a lot to simplify our work in various fields. Papers and notebooks started…

CHIEF FINANCIAL OFFICER (CFO) A chief financial officer (CFO) is a senior-level executive whose key role is to manage the financial responsibilities of a company. The primary duties of the CFO include cash tracking and financial planning of the organization. CFO also examines the company’s financial strengths and defects and discovers the corrective measures to improve the financial stability of the company. CFO should have a good reputation in cost management, corporate finance strategy, accounting standards, and reporting requirements. They are in fact in charge of Human Resources (HR), Information Technology(IT), and Enterprise Risk Management(ERM). AUTHORITATIVE CFO A CFO possesses the following authority in…

In the present business culture and account complexity, understanding debit and credit notes is important. A debit memo serves as a notification of funds being deducted from an account, often due to an error or an adjustment. A credit memo involves the addition of funds to an account, often arising from refunds, returns, or overpayments. Prior to getting into the key difference, Let’s see what debit memos are and what credit memos are. Debit Memo A debit memo refers to an amount deducted from financial balances. In other words, a check is written and placed in bank accounts with a…

BOOKKEEPING COST The business transactions(financial) is the golden factor that must be tracked by accountants. It will be the primary duty of all bookkeepers. Apart from this task, the bookkeeping process charge depends on the complexity of work loaded and the number of tasks assigned per hour or per day. But accountant’s salary and payment also depend on the location and will vary from country to country. Also, remember the fact that the cost of bookkeeping services for small businesses will definitely vary for a larger business. It all depends on the work productivity per day. METHODS TO IMPROVE COST-CUTTING IN BOOKKEEPING…

Some businesses may choose either cash or accrual based accounting to do their bookkeeping, generate their financial statements and file their tax returns. However, it may be beneficial for business owners to implement a variance of their financial recording between accrual and cash based accounting practices. In this article, we are going to discuss cash based accounting and accrual accounting. First of all, let’s start with the meaning of these two terms. Definition of Cash Based Accounting Cash accounting involves recording income when it is received and processing payment transactions when it is paid. Unlike the accrual based accounting method,…

If you have missed it, we have already discussed the bank reconciliation statement and its importance. Now, we’ll jump out to know how to perform the bank reconciliation process. When you do bank reconciliation, the first step is to identify the transactions that are causing your books and bank account to be out of sync. This allows you to line up the balances. Then you document what you did to reconcile the accounts. We’ll go through each phase of the bank reconciliation process in greater depth later, but first, make sure your books are current. For the bank reconciliation to…

Bank Reconciliations aren’t fun, but they shield you from a variety of pitfalls, such as overdrawing your account and being a victim of fraud, if you do them regularly. What is a bank reconciliation statement? A bank reconciliation statement aligns an entity’s bank account with its financial statements by summarising banking, net banking, and business operations. Payments have been collected, and cash collections have been deposited into a bank account, according to bank reconciliation statements. You “reconcile” your bank statement by comparing it to your bookkeeping records for the same period and identifying any discrepancies. Then you keep track of the differences so…

The ultimate focus of accounting software is to make your life simpler by rescuing your time and money while also providing you with better perspectives at any time and from anywhere. The only issue is that there are a lot of accounting software solutions out there, all of which claim to be able to do whatever you want. So, which accounting software is best for skilled service firms and small businesses, and where do you look for it? The top 15 Accounting Software Applications were chosen from many more Accounting Software Applications that were evaluated and classified. Let’s take a look at the best accounting software.…

Accounting mistakes occur sometimes due to our negligence. You can think that we can be perfect at all times. Yes, you can but the thing is we need to love what we do. Mistakes are accidental we cannot quit but if we are conscious of what we do we can control the mistakes. If any flawed situation occurs, we should not get panic and do more mistakes. We should analyze the problem that happened and modify it to correct it. In this case, if we take accounting if we do mistake then it is a hard situation to solve the…

In every business accounting is the key factor to maintain financial records. Everyone thinks that accounting is very knotty and couldn’t understand the basics of accounting. The general word of mouth is it is complex but it is a misconception. Accounting is quite tricky but if the basics are strong enough accounting is very simpler. Accounting 101 is the concept that pops out to knowing the basics of accounting and its workings.   By this, we can learn the basics of accounting and can change the perspective that is stored in our minds. It gives the picture that accounting is simple but the involvement…

Accounting and bookkeeping are two functions that are critical for each business organization. In the least difficult of terms, bookkeeping is liable for the recording of financial transactions through accounting and is answerable for interpreting, classifying, analyzing, revealing, and summarizing budgetary data. Accounting and bookkeeping may have similar professions to an undeveloped eye. This is because both bookkeeping and accounting manage financial-related information, require essential bookkeeping information, and classify and create reports using the financial exchanges. Simultaneously, both these cycles are inherently unique and have their own arrangements of points of interest. Bookkeeping and Accounting As their names would recommend, bookkeepers “keep” or deal…

Entrepreneurs and experts empathize the fundamental jobs in accounts payable and account receivable play in an association’s foremost concern. Accounts payable and accounts receivable are the two factors that are important in accounting. Account Receivable plays a significant role in accounting when compared to accounts payable. Everybody thinks that accounts payable is very important. Yes, it is but, in comparison of accounts payable versus accounts receivable, accounts receivable wins. The two significant components of the working capital of an organization are current resources and current liabilities. The resources which are promptly changed over into money are considered Current Assets while…

Two concepts important to any business owner or business analyst are accounts receivable and accounts payable. These like-sounding accounts on the financial statements have very different meanings and understanding both is essential to any business owner. Definition of Accounts Payable Accounts payable are obligations of a business to re-pay a certain amount to another party. If a business receives inventory but has 30 days to pay for it until that bill is paid the business has an account payable for the amount due. Similarly, if a utility bill comes and isn’t paid for a few weeks, that balance is an…

Business discussions with your company accountant will almost certainly end up involving comments about either assets or liabilities and if you’re lucky both! Assets are what the company owns and liabilities are what the company owes, easy. If we count everything in the office and then add up all our unpaid bills we know all of our assets and liabilities. Unfortunately, it’s not quite that straightforward, though with a little bit of guidance and a few ground rules it’s pretty easy to fully understand these concepts. Here are a few ways for the recognition criteria between Asset and Liability. Definition…

Financial Advisors are everywhere! They are on television, advertise on the radio and in magazines. They even knock on your door with pamphlets about how great they are while trying to get an appointment with you. They will hand you a business card with enough acronyms after their name to make a military acronym generator jealous. Financial Advisors are even in the bank branch of your local supermarket between the latest and greatest display of chips and the dollar discount aisle. The point is you don’t have to go very far to find people who would like to manage your…

When the economic outlook is rough, consumer behavior most definitely changes. For businesses concerned about their bottom lines, dwindling sales can have far-reaching ramifications. However, businesspersons should not commit themselves to doom and gloom just because the economy is dragging. Here are some ways you can actually increase sales in a struggling economy. 1. Discounts  Straight discounts are fantastic when the economy is in a rough patch. For example, retailing institutions such as Wal-Mart typically see significant sales increases when the economy is in a downturn. This is because consumers are being significantly more judicious when it comes to purchases. The only way…

Buying an existing business can bring about many benefits. There’s the fact that it is already open and running, employees are in place, and if the business has been around long enough—a degree of lasting power. However, it can be difficult to not let your desire for a business interfere with the negotiations. It is important for you to think about a few key things before signing the papers and taking the keys. Protecting oneself is one of the first things you should do. If you don’t already have a financial advisor or corporate attorney, you must do this right…

When working with a group of people toward a long-term goal, it is important to have a system in place that ensures success, compatibility, and a positive working environment.  In order to achieve this end, it is necessary to have several different aspects of team dynamics covered from the very inception of the team itself in order to achieve optimal results.  Here we are going to talk about aspects of productive teams. Keep reading to learn about the five essential aspects of productive teams.  1. Established Roles It is important from the outset of a project for roles within the…

Google’s G Suite legacy free edition expired this week, with users automatically moved to Workspace subscriptions – and pricing set to begin on August 1. After more than a decade, the decision to discontinue free access to the productivity and collaboration software was revealed in January. Prior to December 6, 2012, Google offered a free edition of G Suite, often known as the legacy free edition of Google Apps, with fewer commercial features. Google discontinued supplying the legacy free edition to new users on December 6, 2012. After June 27, 2022, the G Suite legacy free edition will no longer…

Real estate is popular among investors for being one of the most stable investment options. Its stability makes it a fan favorite amongst retirees and low-risk investors because they can count on the steady income from rent. However, that is only applicable to landlords who can keep their tenants.  Are you a landlord struggling to reduce your renter turnover? Do you worry about how to keep your tenants happy with increased rent prices? Stick around. We’re discussing 6 great tenant retention tips to avoid vacancies.  6 Tips to Retain Tenants 1. Create a Reasonable Lease Tenants hate feeling tricked into…

Driving traffic to a website is easier said than done. One can be a great marketer and still not crack the code of attracting website visitors. The truth is, there are many different ways to get those clicks—from paid advertisements to organic marketing methods. The challenge for marketers is choosing which strategy works best and offers the most cost-efficient benefits for their business. In this article, marketers and business owners will discover the most effective ways to kickstart website traffic. Paid advertisement For startups or small businesses that want to jumpstart their online traffic, paid advertising will help them start…

Buying a car comes with great stress and hassle. Before you go straight to the dealer, there are a few things you might want to ask yourself to be prepared. After all, it’s a big investment in your life, probably the second big after buying a home. There are different questions to ask depending on whether you choose to buy a used car or a new one? We will be talking about questions you can ask in general before buying a car for this blog. 1. Would you want a used car or a new car? Depending upon which car…

Now, we live in a world where the number of emerging startups and entrepreneurs has been highest ever than before. Starting own business and taking it to success is a risky way of earning money and recognition but more rewarding than some jobs. Setting up a startup at the initial phase may seem easy but is quite intimidating and risky to make it through the success. Here are some startup tips to keep in mind before jumping into the world of entrepreneurship. 1. Idea Some of us think the ideas that pop into our heads are not worth the time. You…

Elon Musk, the billionaire CEO of Tesla, has proposed charging commercial and government users a “slight fee” to use Twitter. Musk stated in a tweet on Tuesday that the social media platform will always be free for casual users but maybe a slight cost for commercial and government users. In another tweet, he said, “Some revenue is better than none!” Twitter announced on April 25 that it had accepted Musk’s $44 billion buyout, subject to regulatory approval. Twitter stated that the deal will be completed in 2022. After the announcement, Musk stated that he wanted to improve the platform by…

Spotify is the undisputed market leader in music streaming, with over 130 million users. Apple is a distant second, with approximately 72 million users. What did Spotify excel at? Simple. They used market segmentation to attract the correct audience, which fueled their expansion. This is how they accomplished it: When it comes to marketing your product or service (or even your brand as a whole), you essentially have two options: #1. Promote Your Brand to a Large Audience (Apple Music) This strategy is essentially a numbers game: you’re merely casting a wide net into a sea of consumers in the…

Once you’ve distributed your customer survey and have begun receiving responses, you can begin the process of categorizing, analyzing, and assessing the customer survey responses you’ve collected. In this section, we’ll discuss: How to determine what constitutes a statistically significant sample sizeHow to address negative feedbackWhat to do with the data you collectHow soon you should send your next survey We’ll begin by discussing the factors that determine statistical significance. Factors Determining Statistical Significance Understanding statistical significance is incredibly important in order to collect data that’s actually meaningful and actionable. Think about it – if you send a survey to…

Now, we’re going to dig into perhaps the most critical part of survey creation: Writing the survey’s questions. First, we’ll talk about the types of questions you might choose to include in your customer survey. Then we’ll discuss why the way in which you word these questions is so important and go over some of the most common mistakes made when creating survey questions. Let’s start with survey question types. What Are The Types Of Survey Questions? There are many different ways you can ask questions regarding your customer’s experience with your brand. But, because you’ll want to set certain…

The Current State of LinkedIn Marketing For the longest time, LinkedIn has been overshadowed by other social media platforms such as Facebook, Twitter, and Instagram. For many, LinkedIn was viewed as a thing that you should have because… well, you just had to have a LinkedIn profile for whatever reason. However, what we didn’t realize was that LinkedIn was quietly evolving in the background to be one of the most powerful social media channels out there, with top content marketers like Gary Vee and Ryan Holmes predicting LinkedIn to be the social media platform for marketers in 2019. According to…

In the last section, we talked a bit about customer survey design in terms of aesthetic appearance and overall functionality. In this section, we’ll talk more about how to structure your customer survey in a way that makes it easy for your audience to engage with it. Let’s start at the very beginning. 1. Customer Survey Introduction As with any piece of deliverable content, your survey absolutely needs an introduction. A strong survey introduction includes the following elements: Company Info: A short description of your company and its services. This serves to refresh your customer’s memory and builds a frame…

I have what might, at first, seem like a rather silly question for you: why do you want to use a customer survey? The knee-jerk answer is usually something along the lines of “so I can gather more information about my customers” or “so I can better understand my customers.” While these answers aren’t wrong, they are a bit shortsighted… Yes, surveys are used as a tool to collect details about your customers. But this information is meaningless (as is the act of conducting the survey in the first place) if it’s not used to improve the way your company…

You probably aren’t going to be creating your customer survey by hand, right? And you almost certainly aren’t going to be manually collecting, sorting, and analyzing your data, either. To make the survey process go as smoothly as possible – both for yourself and for your survey respondents – you’ll want to use tools that: Are easy to useOffer the necessary features and capabilitiesAre cost-efficient Let’s briefly talk about each of these factors in terms of both your organization and your customers. Here are four factors to take into consideration while choosing the best customer survey software & tools. 1.…

Any experienced entrepreneur will tell you that email is still the most effective marketing channel in existence today. Need proof? According to data collected by eMarketer, 81% of marketers agree that email marketing is the greatest driver of customer acquisition – and 80% say it’s the most effective method for retaining customers over time. Adding to this, Campaign Monitor found that a well-put-together email campaign can generate $44 for every $1 spent on the initiative. Of course, managing all aspects of your email marketing initiatives manually is quite difficult – if not near-impossible. Simply put: the larger your audience grows,…

We’ve said it before but it’s worth saying again – one of the most effective ways of gathering information on your customers is to simply ask them to give it to you. Taking this a step further, you need to provide your customers with a quick and easy platform with which to share this information with you. Whether you want to collect your customer’s basic contact information, in-depth segmentation data, or reports on their experiences with your brand, creating a form for your audience to fill out is one of your best options. You can create forms for a variety…

A spacious store is inviting to customers. A store should be spacious enough that customers feel invited and inspired to come in and explore your products. This is not an easy feat. This is why it’s best to work with experts who can help you figure out ways to make your store spacious and engaging. The good news is, there are things that you could do now that can easily make your store look more spacious. We want to help you so we talked to experts and asked for tips on how to make your store more spacious. Read on,…

It’s very easy for foreigners to set up a business in Thailand. Apart from the fact that the country’s constitution freely allows it, the country also offers massive perks and benefits to foreign investors. This is the very thing that continuously boosts Thailand’s aggressive and strong economy. Thailand is open for business and it goes all out in making foreign investors know that they’re more than welcome. Thailand’s Board of Investment is an established government entity with a mandate to encourage foreign investors – day in and day out — to invest in the country. Its government pays a group…

Before jumping into the difference between GDP and GNP, let’s understand where they belong in the field of economics. Both of these terms are measures of national income. National income is a macroeconomic variable that helps determine a country’s economic stability. It represents a country’s total income from all economic activities in a given year. The most commonly used method of calculating national income involves two concepts: GDP and GNP. GDP stands for gross domestic product, while GNP stands for gross national product. GNP and GDP are both measures of a country’s national output and income. The primary distinction is…

Due to an unexpectedly sharp drop in subscribers, Netflix is considering changes that it has long resisted: limiting password sharing and launching a low-cost subscription supported by advertising. Looming changes announced late Tuesday are intended to help Netflix reclaim the momentum it has lost over the last year. Pandemic-driven lockdowns that fueled binge-watching have been lifted, while deep-pocketed competitors such as Apple and Walt Disney have begun to chip away at its vast audience with their own streaming services. Netflix’s subscriber base shrank by 200,000 during the January-March quarter, the first drop in the streaming service’s history since it became…

On July 1, 2023, Google Universal Analytics will be discontinued.. Google Analytics 4 is the next-generation measurement solution that will take the place of Universal Analytics. Standard Universal Analytics properties, according to Google, will stop processing new hits on July 1, 2023. If you still use Universal Analytics, we recommend that you prepare to switch to Google Analytics 4 in the future. Now, let’s recognize what is going to happen. Although Google Analytics 4 is already active, you can still continue to use and collect new data in your Universal Analytics properties until July 1, 2023. You will be able…

Although we believe that on-campus housing provides the best experience at the best value, we understand that you may prefer to live off-campus for a variety of reasons. Moving off campus is a big decision that comes with a lot of responsibility as well as a lot of advantages. While on-campus dorms are convenient, off-campus housing is frequently less expensive. It also provides you with larger living spaces, the ability to make your own rules, and the opportunity to gain more life experience. Not all off-campus options, however, are ideal. Renting an apartment while in college necessitates some consideration and…

Definition of Provident Fund A provident fund is a government-run retirement fund. They are generally mandatory, and are funded by both employer and employee contributions. The rules governing withdrawals are set by governments, including the minimum age and withdrawal amount. If a participant dies, his or her surviving spouse and dependents may be able to receive payments indefinitely. Unlike the United States’ Social Security system, workers in provident funds frequently only contribute to their own retirement account, rather than a group account, so a provident fund is similar to a 401(k) account in this regard. The key difference is that…

Although the terms ANOVA and ANCOVA sound similar, they are different techniques and possess different meanings. When one or more samples are involved, ANOVA is an effective technique for conducting research in a variety of disciplines such as business, economics, psychology, biology, and education. It is frequently confused with ANCOVA, as both are used to examine the variance in the mean values of the dependent variable caused by controlled independent variables after accounting for the effects of the uncontrolled independent variable. ANOVA is a statistical technique used to compare and contrast the means of two or more populations. ANCOVA is…

Although the terms businessman and entrepreneur may seem interchangeable, they are entirely different. The key differences between a businessman and an entrepreneur can be pointed out by their mode of entry, motive, role, nature, and strategies in the market. An entrepreneur creates an entirely new business concept out of the existing problem in the market ecosystem and tries to solve it, whereas a businessman sees a profit-generating possibility in the existing business ideas in the market. In this article, we are going to differentiate between entrepreneurs and businessmen in much more detail. First of all, let’s discuss the meaning of…

If you want to attract investors and earn your first clients, your workplace has to say everything there is to say about you. While not every startup needs office space, a professional workplace speaks volumes about the potential of your entrepreneurial venture. For bootstrappers, that presents some clear challenges. If your budget is stretched thin and you already have clients booking appointments, you need your office to look its best. Here’s how even the most cash-strapped startup can make their office look professional enough to satisfy clients and investors alike. Break From the Norm A traditional office is all slick…

The best time to learn is when you are a kid. When we are children, our brains function in fascinating ways. Everything happens during that phase, from learning letters to drawing our first picture. Unfortunately, the skills we most need today, such as leadership, teamwork, persistence, and money knowledge, are not taught in schools or at home. While the world is advancing at breakneck speed, it is time to teach our kids something more valuable that will lead to an amazing life ahead of them. There are so many things that kids could learn from a game nowadays. By saying…

Companies often talk about various activities, plans, assignments and the marketplace. There is a solution that can assist them in keeping everything coordinated in a way that is exact, unsurprising, and productive. It is no other than project management software with limitless benefits to offer. With the help of technology, businesses will no longer use a lot of stuff in arranging a project. It becomes more time efficient and produces less waste, like pieces of paper. Project management software is also a great tool for resource allocation and for the overall planning of the company. Furthermore, it makes a business…

Packaging choices play a vital role in the environment. While most businesses neglect to be good stewards of the planet due to wrong alternatives, you can pick sustainable materials instead of packing your goods. So, this article discusses how sustainable packaging helps nature in the long run. It is not new for humans to take action for the sake of the environment in terms of green packaging solutions. The truth is, the earth is now tasting the consequences of the bad habits toward the environment. And it is very alarming. What is Sustainable Packaging? Climate change is getting worse year…

Every business and individual has accepted technology at such a quick pace that it is nearly impossible to picture living without it. It’s challenging to stand out in a fast-paced world with so many enterprises, both established and new. However, in this blog, we’ll look at how simply sending handwritten notes can strengthen your professional or personal relationships. Four Reasons You Should Start Sending Hand Written Notes Digital channels have now taken over as a primary mode of communication. Whether you text by email, social media, or phone number, handwritten letters provide a more personal and emotional touch. Furthermore, if…

Marketing should be a priority for startups, but it often falls by the wayside. Why? Sometimes it’s because they don’t know where to start, or they feel they don’t have enough resources. Other times, it’s because what seems like more urgent business gets in the way. Startups can overcome these hurdles by developing a messaging hierarchy that serves as the foundation for consistent, sustainable marketing efforts. A messaging hierarchy forces you to define what you’re going to say and how you’re going to say it. And from there, it’s just a matter of beating that drum to make your voice…

There is no way that an organization can sustain its business without a proper strategic management implementation. To start with, strategic management is a way of managing business performance and activities, to achieve the organizational goal. With a lot of opportunities and challenges revolving around, businesses must have proper plans, long-term goals, and objectives to even survive the market. But strategic management is much more than that, and it not only helps businesses to survive the market but also flourishes in the market. What is Strategic Management? Strategic management is a management process that plans, monitors, analyzes, and assesses all…

With a lot of changes in this technological era, production printing companies are as well taking a sip of the technology advancements while fear losing out a handful of customers here and there. Despite how we look into it, production printing companies can get their hands to the latest digital printing machines, as inkjet technology has exceptionally improved the quality outputs. Now the machines work like magic by generating copies, printing at a high volume in less time. If that seems amazing, read how production print companies can save huge time, money, and manpower by adapting to new technologies and…

Traders and investors deploy stock analysis to examine and evaluate the stock market. It enables them to determine the future activity of a trading instrument, investment sector, or market. It is also referred to as equity analysis or market analysis. Stock analysis helps traders and investors to make buying and selling decisions. They bring together past and present data and evaluate it to understand the market and leverage their decisioning making capability. Stock refers to security, representing the ownership of a fraction of a business. The stock ownership enables the holder to secure a portion of the corporation’s earnings. Investors…

Having the right shelving and racking system is crucial to stocking, storing, and displaying your inventory and merchandise. This article will show you all the steps you need to take to design an inventory system that meets your store’s specific needs. And best of all, it’s easy enough for even complete beginners to take advantage of these warehouse and showroom hacks. Find Out Why You Need To Build An Inventory System The first step is to find out whether you need an inventory system in the first place. Many stores keep their inventory in a handwritten spreadsheet. This method works…

With an estimated growth of up to 73.45 billion US dollars by 2024, the global online gaming market has a piece of cake for everyone who steps in. If you are looking for a way to make a decent amount of money, then starting an online gaming business can help you out. However, there are several things that one should know before stepping into the gaming industry. So, let’s go through this guide and learn some of the ways by which you can start your online gaming business. Do the Research: Learn about the market One of the very important…

Have you considered the adequacy of your company’s print collateral management? Do you even know what this means? Smaller companies, and start-ups in particular, often underestimate the need to have 24/7 control over their printing inventory. The following discusses the many reasons why proactive planning will negate unwanted circumstances later down the line. Print Collateral Management Defined Let’s first understand exactly what print collateral management is. Sometimes known as web to print, the concept is all about having a central location to manage and control all of your printing assets. This is achieved with advanced print management software, allowing you…

The Capital Asset Pricing Model (CAPM) identifies the link between systemic risk and projected asset return. The goal of the CAPM is to determine whether an investment is fairly valued by comparing risk and expected return. A framework for calculating the needed rate of return on an asset is provided by the Capital Assets Pricing Model (CAPM), which also shows how an asset’s return and risk are related. The CAPM-specified required rate of return aids in determining an asset’s value. Assumptions of Capital Assets Pricing Model (CAPM) 1. Market efficiency The efficiency of the capital market requires that share prices…

In finance, risk and return are highly related terms. They are most important topics that they form the foundation of modern finance. Every investment decision involves risk and return measurement and trade off. Risk is the probability of getting returns that are usually not expected and in some cases not getting returns at all. By saying not expected returns, we can assume returns that are either more than expectations or less than the expectations. While return refers to the results that come from certain investments and trades. Returns can either be gain or be loss and are specifically calculated in…

When life surprises you with unexpected events, the debt can pile up much faster. Circumstances like illness, home repairs, accidents, or a sudden job loss can force you to take out loans. Sometimes, the loan piles up so rapidly that you may feel like it’s never going to end.  All your worries are down here, and we are going to suggest the 7 best ways to quickly get out of debt so that you can live a debt-free life soon. 1. Always pay more than the minimum The fastest way to clear your debt is to pay more than the…

Working from home has its perks. Between sleeping in, working in sweats, and being only 20 feet from the kitchen at all times, how could it get better? The only real drawback in WFH is that productivity can start to fall behind. With all the distractions that come with being at home, WFH can be more challenging than expected. This being said, hope is not lost. There are plenty of things that you as an employee or employer can do to maintain the ability to work from home while also keeping productivity consistent. Using Tracking Metrics One of the best…

Pro traders have a winning mindset, which helps them to become successful in trading. To deal with the different market circumstances, traders need to have strong mental abilities. Otherwise, it would be difficult for them to ensure success in the market. Remember, if you can think positively, you might perform better in the market. On the other hand, negative thoughts let down the performance of the traders. However, beginners can’t develop a winning mindset and thus face failure in the market. In this post, we will discuss why traders should develop a winning mindset. So, if you want to achieve…

If you are reading this article, you must already know at least a little about real estate business and it’s lucrativeness. Also, the idea of starting a real estate business may have crossed your mind often. If you still don’t know about it, the intent of this article is not to disappoint you. In the list of the 10 global biggest industries by revenue, real estate is ranked at number 4 with the revenue of $3,167,8B for 2020. There are numerous reasons why the real estate businesses are still profitable. In short: The profitability of real estate is higher than…

Everything is getting normal now. You want to get back to your garage, throw that curtain that had been covering your car for months or even years, and you are pretty excited to grab the steering and take your boy to the road. But wait, cars are not built for sitting for months or even weeks. And starting your car after a very long time may not be easy as you think. Well, perhaps some of the modern cars can be easily started even after a long rest. But we are not talking about that now.So let’s see how you…

____________________________________________________________________________ If you want to scale up, the first thing you have to do is to expand your own team – Ruth Simmons (President of Prairie View A&M University) ____________________________________________________________________________ Have you utilized the funds’ full efficiency and created your mark? If you answered affirmatively thereto, the probabilities are, from humble beginnings, you have proved the good of your product & services to investors and went through the Series B funding. It is time to upscale – unlock new opportunities, expand your team & depend upon its strengths, and explore new markets. This part of the journey is not as…

Are you thinking about stepping into Real Estate recently? We often hear that Real Estate contributes massively in order to make a person wealthy. However, the downside on that road is equally risky as well. If not managed and planned correctly the investment can turn into a loophole of debts as well. But we’ve got you back. Here are a few tips that will help you start your Investment in Real Estate before you actually spend hundreds of thousands of dollars. 1. Clear your personal debt While we may often hear the experts carrying debt as a part of their…

The evolution of games has made excellent progress in the last decade. From games like Snake, and Brick Games to games like League of Legends (LOL), and PlayerUnknown’s Battlegrounds (PUBG), a lot has changed. While games used to be completely considered a waste of time, a few people have turned the tables by proving that you can earn while gaming, i.e., gaming entrepreneurship. With the recent trend in Gaming Entrepreneurship, a lot of people have joined and are willing to join this $160 billion industry. For entrepreneurs who want to jump into this pool, here we are going to discuss…

Business plans are not just what is written on paper. It includes ideas running through them, visions, goals, future possibilities, and much more. Whether you are just trying to start a business or trying to expand your business to another level, re-watching your business plan will not only give you a better decision and analysis but also allow you to target possible investors. Here is the list of key concepts that you should know to draft your business plan. Executive SummaryOverview and ObjectivesProducts and Services Market OpportunitiesSales and MarketingCompetitive AnalysisFinancial Analysis Also, preparing research, and storing data comes in very handy…

Kansas City is the largest city in Missouri with a population of 2.34 million people. The city is also ranked in the list of the top 75 best places to live in by U.S News Real Estate. In Kansas City, you can always find something to engage you whether it is the history of the famous BBQ of the city. Even though the real estate prices in Kansas were soaring up, the living expenses in Kansas City are still a lot cheaper than in normal states. Hence, the real estate market of Kansas is very competitive. In Kansas, there was…

The COVID-19 pandemic has forced many people to work from home, a factor that has proven to increase productivity, according to a FlexJobs survey in which 51% of respondents claimed to have a better output. How do these people do it? Working from the comfort of your home has its perks, such as saving money on commuting and workplace operating expenses, but it also comes with an array of complications. For example, it can be hard to balance work and family time, especially if you have kids. Luckily, there are a few hacks that you can leverage to get the…

How Can Someone Like Me Get Started? Nowadays, everyone and their grandma either has an app or an idea for an app. We all have these great ideas but have no idea where to start. The biggest obstacle we see these days is, in fact, starting. Also, it must cost thousands to make an app, right? What about all that code? Also, how long does it take to create an app? With all these questions, we can feel lost and just give up completely. However, with nocode/lowcode, it’s easy, cost effective, and best of all you don’t need ANY coding…

There is no doubt that Covid-19 has changed our ways of living in a way we would never imagine.  While the risk of pandemic lifts up, several sectors that were wrecked up are trying their best to figure out the possible plans and upgrades, to lift the burden of the global pandemic. People are giving more importance to the basic needs of today-  primarily food, home supplies, and medicine. Consumers all around the world are holding tight to their budget and avoiding the luxurious lifestyle or anything that can be left for later. Started with Social Distancing, and the major…

Nowadays, you either need to hire an influencer to promote your business, or be so good that you can be the influencer to promote your business. While everyone is running in the game of fame and name, why won’t you?  In short, let’s break down who’s an influencer, how can you join the community of Influencer marketing, and stand out with tips and strategy in this 2-minute blog. Definition of Influencer Marketing An influencer is a person who spreads their personality to the mass and gets acknowledged by their fans or we can say, supporters. And, when an influencer uses…

As a local business, you likely want to stand out in your area and establish your brand among the locals. Studies have shown that one of the best ways to do this is by engaging in digital marketing and improving your local SEO. However, to improve your local SEO, you’re going to have to put a heavy focus on link building. Link building can be a hard topic to grasp for businesses that don’t outsource link building services, which often results in it being overlooked. However, local link building is an extremely important part of local SEO, and you definitely…

Under the impact of the COVID-19 pandemic, investment models based on environmental, social, and corporate governance (ESG) are accelerating to become the trend in the investment field. Facing such change, Chinese regulators and market participants, as participants in the financial sector and advocates of global environmental governance, will also need to handle this new trend and adjust accordingly. This year, China, Japan, South Korea, and the European Union have stepped up their efforts to implement the Paris Agreement’s emissions reduction targets. Although the United States has formally withdrawn from the Paris Agreement, Joe Biden, who is likely to become the…

Academic writing is very important while writing papers for conferences, grants, publications, and reviewers, etc. Good-quality academic writing gives a very positive impression while facing editorial boards, journals, administrators, and even potential employers. Academic writing is a well structured, clear, concise, and focused document that is always supported by the facts. It helps readers to understand the topic. The language of academic writing is very simple and does not require any complicated words. What are the Steps Involved in Academic Writing and Editing? Academic writing and editing involve the following steps: Understand the research areaDecide the topicDo research Write draftRevise the…

Marketing automation is a mainstream of the digital transformation of all businesses. It increases operational efficiency and accelerates sales. This trend is the precursor of a digital revolution within the reach of SMEs. According to Grand View Research, marketing automation will be worth $ 7.63 billion by 2025. Because this coronavirus pandemic is forcing us to work remotely, there’s no better time to embrace a solution. automation for your own marketing practices. This blog explains marketing automation and its main benefits for a business. What is Marketing Automation? Marketing automation or marketing automation includes software platforms or tools that help…

The Covid-19 pandemic has dramatically affected the world’s economy as people struggle to adjust to the current and forthcoming economic impacts. For as long as this crisis persists, it’s highly likely that businesses will fail to resume for long. Furthermore, even the consumption rate is being significantly affected since consumers cannot go shopping freely. So, what do we expect to see? The focus is now drawn to online marketing platforms. Despite the current situation, the online marketing space is an excellent opportunity for people to start a business home. While Work-From-Home(WFH) is already trending in different job categories, entrepreneurs are…

Most procurement organizations dream about working in a technologically-rich environment where everything is automated, like requisition, purchase of goods/services, invoice creation and matching to payments. Advanced technologies such as artificial intelligence, bots and analytics work in tandem and accelerate the work while improving the outcomes. But, gathering and maintaining sufficient data is a dream that is almost impossible with the paper-based procurement processes. Typically, procurement companies collect transaction information while missing out on the contextual data surrounding the purchasing decisions – the steps the procurement team takes to approve requisition, contracts or RFPs. In some cases, the data may be…

Applying for financial aid is a daunting task, but you can make the process more straightforward if you know what to do and what not to. Many students worry a lot while applying for scholarships and financial aid as they get overwhelmed with the paperwork involved. To fund children’s education, many parents rely on financial aid. Before discussing how to apply and mistakes to avoid, we must know where to apply. One of the best ways to apply for financial aid in the U.S is to fill out FAFSA forms. FAFSA is an acronym derived from Free Application for Federal…

When it comes to keeping track of the success of your investments, or investment tracking, it’s natural to feel overwhelmed and unable to see the larger picture. Regardless of the size of your assets, it’s critical to understand how close you are to reaching your objectives, how much you’re paying in fees, and how to alter your portfolio. Most investors limit portfolio risk through asset class diversity in order to maximize profits. Diversification decreases risk within each asset class because each has various cash flows and varying degrees of risk. When you combine this with juggling various investment accounts, it’s…

Growing a business is exciting work. It entails discovering and/or creating fresh opportunities, tackling bigger challenges and introducing your business to a whole variety of new experiences. In fact, current shareholder expectations have made growth non-negotiable for all businesses today. So, while growth is clearly unavoidable, growing pains don’t have to be. One of the biggest pain points for expanding businesses today is attracting and preserving talented people. With the advent of the information age, an organization’s success hinges on the quality of its human capital. You immediately score a huge competitive advantage if as an organization, you manage to…

E-commerce is a thriving industry, and it continues to grow year by year. Although there are tons of tools and services that make eCommerce more convenient, starting eCommerce (an online business) has its own set of challenges and demands. It takes many steps and decisions before one can launch their business. It takes even more to successfully sustain an eCommerce business. However, you shouldn’t be daunted by difficulties because they can be overcome as many successful eCommerce businesses have shown. Instead, focus on establishing your eCommerce business and overcoming difficulties step-by-step. With that said, here’s a quick guide on how…

Coronavirus (COVID-19) crisis and lockdown have been with us for a little over six months. And it has transformed the way we live, work, and shop. Small businesses are particularly confronting the economic and social impacts this pandemic of COVID-19 has caused. This calls for an improved business model that doesn’t just aim to keep your business running but also helps it sustain and thrive during this COVID-19 pandemic. While many brick-and-mortar stores have been shut down during lockdowns, online businesses are witnessing a massive rise in popularity and sales. If you own a small business and don’t know how…

Pandemics, such as COVID-19 (coronavirus), are one of those unexpected circumstances business leaders sometimes fail to prepare for. Moreover, such coronavirus pandemic poses a threat to entrepreneurs and businessman to sustain their business growth. The pandemic of COVID-19 has been of similar case to many businesses who didn’t see it coming this way. The COVID-19 Crisis Poses Threat to Financial Stability of the whole world. The economic impact of the pandemic has been deteriorating the market liquidity due to the spike in volatility. According to IMF, “This points to a significant increase in downside risks to growth and financial stability.…

The global e-commerce (online selling) marketplace continues to grow. According to Business.com, “87% of shoppers today use e-commerce reviews to decide whether to buy, and 77% of those shoppers buy online.” It’s more practical and convenient to shop online. Retail brands are aware of this, and many of them are taking advantage of this to deliver an outstanding online experience for their users, although it’s safe to say that many don’t do a good enough job! While e-commerce and selling online in general becomes increasingly dominated by the big names, there’s nothing to stop you starting your online business. There…

Do you own multiple devices that you use to access the internet? Sometimes I want to check something on a website but realize I left my laptop back in the house. Rather than going back for it, I simply take out my smartphone and use it to get online and check the website. If my smartphone’s battery is low, I always have my tablet with me in case.  Well, have you ever wondered how this is possible? How are you able to open website pages on different devices of various sizes and screens? To put it plain and simple, this…

Bad credit usually results from taking out money from lenders and loans and not paying them back on time. Many people find themselves in sticky situations with credit and often bite off more than they can chew when it comes to borrowing money. If you are in a bad position with your credit, it’s good to know there are steps you can take to get it back to a positive level again. When you have bad credit, often lenders will refuse loans until the outstanding payments are settled. There is hope for those who are struggling however. You can fix…

Ever since Bitcoin took the world by storm it has been much talked about in news, television shows, and social media, among others. The huge profit that its pioneer investors were able to amass from what once was an obscure currency intrigued the world, and the buzz it created helped it secure a dominant position in the world of finance. It is thus not surprising that you want to join in and invest in Bitcoin. A vital step in getting started on Bitcoin investing is educating oneself about buying Bitcoin and cryptocurrency exchanges. The first step investors often take is…

So, tell us a bit about yourself and your background. My name is Stylianos, but people call me Stelios. I am a data scientist, researcher and entrepreneur, and I have worked in the areas of AI, data science and machine learning for around a decade now. I have completed an MSc of Informatics in The University of Edinburgh, and I also hold a PhD in Computer Science from University College London. I am also a member of the Royal Statistical Society, and an honorary research fellow at UCL Centre for Blockchain Technologies. I have worked in many different areas in…

Ask any successful retailer what is the key to success and logistics will be in the answer somewhere. Simply put, efficient logistics sees your products delivered to the customer in a timely fashion and without this, it is next to impossible for your retail business to grow. It is one thing to sell a product to an online customer, but completely something else to have that product packaged and delivered. If you would like to improve your logistics efficiency, here are a few useful tips.  Make Sure You Are Using The Best 3PL Provider Your 3PL logistics partner is a…

Any entrepreneur knows that running a startup is grueling work. Building a business from the ground up is no easy feat and the failure rate is worryingly high. Founders can expect to face long hours, late nights, and seemingly endless work if they want to make their dreams a reality. There’s so much to plan – whether it’s the best marketing strategy, deciding if it’s time to hire more staff, or how to attract the essential funding you’ll need to keep your business growing. That’s why startups that hit the big leagues are so remarkable. It takes a unique blend…