When good ideas bear fruit
“We are a small company with a small team, so we must manage our resources wisely,” this can often be heard from start-up managers. Some, on the contrary, are ready…

Continue reading →

5 cheap ways to motivate employees
How do you inspire people to work without raising their salaries? It turns out that it is relatively simple, as soon as you understand how long the money works as…

Continue reading →

We cut costs. 5 opportunities for outsourcing in your business
For smaller businesses with even smaller budgets, many websites can help fill staffing gaps caused by the inability to hire a full-time employee. Currently, one can come across the term…

Continue reading →

retailers believe

Individual entrepreneurship vs. partnership

Novice entrepreneurs can choose: in partnership with someone or independently create an enterprise for them. Let’s look at these two options for creating a business in comparison.

When you start your business, it is important to choose the right legal structure for it. This not only helps legitimize your business, but is also necessary for taxation and licensing. Continue reading

Ways to reduce costs

Every entrepreneur or business owner is constantly striving to increase profits and reduce costs when doing business. And in a difficult economic situation it is more than reasonable to constantly monitor these indicators.

There are a number of ways to reduce production costs and increase cash flow, which in general, qualitatively affects the overall state of affairs in business. This method includes the following: Continue reading

What does a business work for and where is the main limitation of profit in retail?

Before we talk about what needs to be done to better manage retail inventory, let’s agree on a common understanding of the purpose of any business. Not just retail, but anyone. The goal of the business is to make money now and in the future.

When we talk about retail and sales, which main element determines the income of the system? Of course, these are buyers coming to purchase our goods. If we had more buyers, the more we would have a pass. That is the bandwidth of the system. The more buyers, the more we earn. Continue reading

Do not doom your business to bankruptcy
Development and positive dynamics are good, aren't they? Mostly, yes. But for business too dynamic development can be fatal. In this article we will tell you how to avoid such…

...

What should be the office?
Many companies pay a lot of attention to improving the working conditions of employees, which is reflected in the search for new design solutions for office decoration. But before you…

...

How to avoid hiring unsuitable employees
Have you ever hired an employee who, after a couple weeks of work, could not cope with his duties? Want to spend less time and money on inappropriate applicants for…

...

How to prepare for the sale of the business
Are you going to sell your business in the near future? Then for you there are two news: good and bad. Let's start with the bad news. If you plan…

...