POST CATEGORY : Management

Six Pieces Of Equipment You Need For A Welding Career

You need more than six pieces of equipment to become a welder. However, we all begin somewhere and six is as good a number as any other.

Welder on the job

But first, why should you become a welder? First, the future is bright for welders. But more importantly, you love working with your hands, making things from scratch. You love working with your hands and you love to create something out of metal. While woodwork enthusiasts think that metal is cold and lifeless, metalwork enthusiasts think metal is everything and indeed, they use it to create very stylish designs. However, to do that, you need a good set of equipment.…

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3 Financial Education Tips for Kids

The area of financial management is one of the most critical aspects for a successful and well-lived life, but sadly, it is one of the most neglected things especially to the millennials.

Financial management education for kids

The numbers don’t lie. A survey revealed that most young millennials (18 – 24 years old) had less than 1,000 in their savings accounts. Worse, almost half of young millennials had zero dollar saved. Investing? Don’t bother talking about it when saving up is not in their vocabulary.

The above calls for a serious discussion on money management.

We seldom see parents and guardians discussing how to manage wealth and resources to their kids properly, and when they finally grow up and they decide to teach them, it has become too difficult or simply impossible.…

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What I’ve Learned From Buying 8 Companies in 13 Years

Which companies are on your shopping list?

Some entrepreneurs like building their own business infrastructure, but I like to go out and buy it. I don’t want to start from scratch when someone else has already created a working business model supported by high-value resources and proven cash flow. But no company is perfect — to buy a company is to inherit a set of problems on their way to becoming a solution.

Business acquisition deal

Acquisitions are expensive and time-consuming, but they grant business leaders access to a new pool of resources to more fully achieve their vision.

Between 2000 and 2013, I bought eight companies and assembled a vibrant, harmonious portfolio.…

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7 Skills MBA Grad Requires to Become Successful

Everybody wants to be successful in the business world but only a few manage to reach there. If you’re an MBA grad and often wonder what exactly makes one successful then you should understand that success is not guaranteed with any degree, any exam or any renowned institution for that matter.

MBA grad success tips

Success is simply the result of different important qualities, each one equally essential as another. Let’s find those out.

1. Knowledge

Knowledge is important, no doubt, but will only bookish knowledge bring you success? No. The knowledge that your mentors impart from books and from their own experience, your own real-life experiences, lessons learnt during training from professionals and technical knowledge are all of significant value.…

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Do Uniforms Have a Place in Modern Business?

The modern workplace is adaptive. It changes with the ebb and flow of trending ideas and new-age thinking. With those changes can come unexpected movement, such as the demise of the uniform. But should businesses really be considering doing away with this age-old concept?

Company uniforms

According to data collected last year, only 10% of people wear a suit to work, with 70% opting for casual attire over formal workwear. In recent years, businesses have relaxed their policies on workwear uniforms, allowing many to adopt a flexible stance on what they wear day to day. While there is something to be said for giving your workforce a choice in what they wear, are you losing something by not enforcing at least some sort of dress code?…

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How to Choose The Right Logistics Plan for Your Business and Create a Lasting Relationship in The Process?

The importance of a good solid logistics plan in your business is paramount. Logistics is fundamental for many companies to go about their day to day activities. Simply moving your goods from A to B isn’t as easy and straightforward as it sounds, and when planning the logistics for your business, it’s important to remember that you aren’t just making plans for shipments. You also have things such as regulations, licences and taxes to worry about.

Logistics planning

Outsourcing your B2B logistics

On boarding a specialist and expert B2B logistics provider such as Tuffnells may be the ideal solution, and by doing so can let you get back to the general day-to-day running of your business.…

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5 Effective Budgeting Tips for Small Business Owners

Budgeting is an important part of running any business. For small businesses, being able to properly manage and account for all funds coming in and going out can make a huge difference to the amount of profits being made.

Business budgeting

1. Learn to create a business budget

Doing your own accounting is a great way to keep track of your income and expenses. You would need to know how to create a business budget that is right for you and keep to it. lets you know exactly where you are financially at all times. Learning to use a spreadsheet, can help you keep track of your expenses and compare your performance over time.…

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Does Your Business Need Project Scheduling Software?

In 1748, Benjamin Franklin said to a young tradesman that “time is money.” Franklin’s words couldn’t ring any truer today, especially in time-constrained industries like aerospace, military and the construction industry — industries where time is literally money when deadlines are looming. Missing a deadline is something that you really don’t want to see happen if you’re launching a spacecraft or constructing a building, as doing so can have disastrous consequences to your business.

Using Project Scheduling Software

Let’s take the real world example of the well-known Sydney Opera House in Australia, which was started in 1959 with an initial budget of AUS $7 Million.…

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Benefits Of Pest Control For Businesses

If you are running a business like a hotel or a restaurant, the last thing you want to see are pests. You cannot hope to reach the upper echelons of the industry you are in if you can’t even manage to keep out pesky intruders from within your premises. Trust us when we say that spraying insect repellants and placing in traps are never enough to keep them out. If you truly want to do away with pests, you must avail the services of a company like https://joshuaspestcontrol.com/locations/kansas-city/.

Pest control benefits for business

If you are a new entrepreneur, we understand what you are worried about.…

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4 Tips to Keep Better Control of Your Inventory

Inventory control isn’t just an issue for small business owners, it has almost shut the doors of major corporations. According to reporting by Business 2 Community, JP Morgan lost a staggering $6 billion in 2012 due to inventory spreadsheet errors. They also report that Hershey’s once failed to deliver $100 million in candy to stores in time for Halloween due to a failure in their supply chain system. It’s easy to see how quickly poor inventory control can put your business into an unstoppable free-fall, but difficult to know how to actually tackle it.

Inventory management and control

From the automotive business to medical field, there are ways to get a better handle on your inventory to keep your business running smoothly and profits intact.…

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