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There are many accounting indicators to see how you are tracking, often ratios like net profit, gross profit, current ration, stock turn and debtor days. But there are so many
Most businesses seek to increase their profit year to year. Here are five cumulative ways you can look to increase your bottom line. 1. Increase your leads First, build a
It’s important to start organizing your business for sale as early as possible. If you plan ahead, you’ll be ready when the time comes to help the business through its
Eventually one of the business decisions you’ll need to make when planning your business will be its structure. For legal and tax purposes, every business needs to comply with a
There are a number of risks that you’ll face in business – from cybercrime and loss of data. Safeguard your business from anything that may impact your survival and growth.
Both cross-selling and upselling can be useful methods for increasing your business’s sales. But there are also genuine benefits for your customers. They’ll appreciate being offered an item that either
It’s often a good idea to determine how much money you’ll need to start your business, long before you intend to launch. Think of it as a reality check, as
Q: What Is Cyber Security? Just like you’d protect your home with house security (locks, gates, doors), cyber security protects your business from malicious (and accidental) attacks through your internet-connected
A business ‘channel’ is you either how you find customers or the way they buy, and online channels are continually changing (almost daily it seems) as new technologies and trends
The first thing you need to identify is why you’re operating at a loss. It could be: Review your business with a SWOT analysis (Strengths, Weaknesses, Opportunities and Threats), implement
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