Financial Ebb and Flow: Dealing With the Ups and Downs of Doing Business

Business slowdowns affect nearly every industry. Sometimes, these slowdowns are seasonal — a dip after the holiday shopping season is common in the retail industry, for instance, and the fast food industry tends to see a slowdown in the first few months of each year, when people are fresh off their New Year’s resolutions.

Businessman riding the wave

If you’re a small business that hasn’t been around for very long, these slowdowns can seriously affect both your cash flow and your bottom line. Owners of new businesses tend to freak out when such slow periods come around, often rushing out with unplanned marketing advertising rejigs and hastily done layoffs.…

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How to Get the Most out of your Training Courses

What result signifies the success of a professional training course? Is it gifting of key skills to professionals and businesses? Is it the effective communication of key learnings? Is it an improvement in business operations and profitability as a result of the new skills and knowledge acquired? Or is it the commercial success of the course? The simple truth is that all of these outcomes are required for a training course to be considered a success.

Training course marketing

But in order to achieve the ultimate goal of commercial success, you need to create courses that address specific needs in your industry – and then promote them effectively.…

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Understanding the Basics of Acquisitions

An acquisition is a financial term that describes what happens when an organization develops its competences and resources by taking over a different company. There are many different types of acquisition strategies. More information about the various strategies can be obtained through General Equity – Acquisitions.

Acquisition agreement

Some of the popular strategies include single purpose documents and standalone acquisitions, as well as multi-purpose documents, which are more comprehensive. Regardless of the chosen strategy, the goal of an acquisition strategy is always to minimize the cost and time used to obtain a specific, validated need and this is achieved through sound business practices and common sense.…

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How NOT to Ruin a Corporate Event With your Music Choices

Getting the music wrong at your corporate event is not what you, as the organiser, want to be remembered for. There are many pitfalls and obstacles to consider but by taking three key areas of consideration at the basis for your decision, you can avoid even a slight disaster.

Screaming and angry rocker at corporate event

Think about the guests

Before you do anything else it is important to think about who is coming to your event. That way you know whether the music your choice has to be appropriate to your corporate identity, or instead reflect the type of event and its attendees.

If you’re launching a product or out to impress new clients, make sure the band suits the brand.…

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4 Health and Safety Risks When Finding an Office (and How to Look for Them)

Finding an office comes with many requirements. Layout, size and location are things you have to think about. But all of these are secondary to making sure the office is safe to work in. If you haven’t started looking at offices at all, a helpful office relocation guide might be needed. When you’re ready, here are the 5 most important health and safety risks to be aware of before you sign the dotted line.

Workspace

Asbestos

Even though asbestos was banned in the 1990s, asbestos-related disease still kills more people per year than car accidents. If your potential new office was built before the year 2000, there is at least a 50% chance it contains asbestos.…

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What You Should Know Before Buying a Condo

In the condo market, you may find once-in-a-lifetime deals for your personal or business investing endeavor. But you can also find trouble – especially if you do not ask the right questions. It is important that you do your homework if you do not want to watch your dream of owning a condominium turn into a nightmare.

Condo apartment flats

Ideally, you should be looking for a stable community, such as those found in Property Guru rumah sewa or any other communities and if you notice any issues, just say no. If prices are great, you are making a good investment, but you have to make an informed decision.…

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3 Reasons to Invest in Knowledge Base Software That You Haven’t Thought of Yet

If you’ve considered investing in knowledge base software, you’ve probably already looked at the typical reasons that companies add the tool to their arsenal. Knowledge base software supports customer service, giving your employees the tools they need to help your customers quickly and efficiently, and in some cases, giving your customers more self-service options. A well-developed knowledge base helps improve staff productivity as well.

Man seeking info using knowledge base software

When all of the answers they need are at their fingertips, they don’t waste time searching for information. And knowledge base software helps keep you customers happy. Not only can they get help quickly, but a comprehensive knowledge center increases the likelihood that they will get the rights answers when they need them.…

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Workplace Injuries: Pointers for the Avoiding the Most Common Yet Preventable Accidents

Injuries in the workplace are unfortunately a common occurrence and according to figures collated by the Health and Safety Executive, some 611,000 people in the UK are estimated to have sustained a non-fatal injury at work during the last 12 months.

Claims for work accident compensation often result from an accident that occurred in the workplace which could potentially have been avoided and although the rate of actual deaths equates to 0.46 deaths per 100,000 workers, this rate could be improved upon.

Workplace accident

The top five

The same types of injury come up regularly in accident reports and the top five types of injury account for about 70% of all injuries in the workplace.…

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The Cafe Owner’s Guide to Managing Melbourne’s Sporadic Weather Conditions

Melbourne is Australia’s most famous city for experiencing four seasons in a day. The weather can turn so quickly that it can leave many Melbournites frustrated as they enjoy the outdoors one minute only to be confronted with winds or blistering rain the next.

Cafe co-owners

For café owners, it is just as frustrating since many patrons want to enjoy the experience of the outdoors while they are enjoying their coffee. There are a few ways café owners can manage the change in weather.

Consider investing in indoor and outdoor heater.

It can get annoying when you are at a café and you are struggling to keep warm.…

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3 Ways to Make Your Small Business Look More Professional

As a small business, it can be difficult for you to feel like you can compete with larger, more established businesses in your same field. From the money they have to spend to the years they have on you of building their brand and reputation, it can be very discouraging when you have to go up against some of these big dogs. And if you’re not doing everything you can to look as professional as the bigger businesses, you’re not doing yourself any favors either.

Beauty shop business owner

But if you truly have something that your big name competition doesn’t, you deserve to be in the market just as much as they do.…

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