How to Ensure your Data Team’s Skills Remain Up-to-date

When it comes to data analysis, if you’re not moving forwards, you’re moving backwards. Data science tech, trends and tools are constantly evolving, and best practices can become outdated in the blink of an eye.

Data team

The good news is that data scientists are generally curious and eager to keep making new discoveries. They chose to enter a profession that is a center of innovation and change, and they’ll embrace opportunities to keep on pushing the cutting edge of data science a little further forward.

However, it’s easy for a busy data team to get so involved in one project after another that they lose the habit of reading up around their area.…

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Simple Yet Profound Ways to Cut Costs Amid COVID-19 Crisis

As the economy continues to struggle and many businesses are faced with prolonged dips in sales, many SBOs are getting creative to stay afloat. This includes cutting costs and reorganizing expenses based on new developments.

Expense management and cost cutting

The 2 Levers of Profitability and Financial Sustenance

Whether it’s a small business, global organization, or your own household, there are two levers that impact your profitability and financial sustenance:

  • Increasing revenue. The first (and most obvious) choice is to increase revenue. If you sell more products at a higher profit margin, you generate more revenue. Plain and simple.
  • Cutting costs. The other lever is to cut costs.
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Interested in Becoming an Entrepreneur? Here Are 5 Food Business Ideas to Consider

Food brings people together. Whether you’re passing down important family recipes or sharing a meal with close friends, eating is a great way to enjoy the company of friends while creating special memories. And if you have a particular passion for food, you may want to share that passion with the world through a new business as an entrepreneur.

Food business owner

The entrepreneurial spirit is a unique one. You have to be prepared to take big risks for what hopefully pays off as a successful business.

Jumping into any venture requires preparation, dedication, and inspiration. Once you find a great idea, you have to put together a good team and focus on your objectives and key results (OKRs) to reach your ambitious goals.

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The Weaknesses That Cyber Security Hackers Prey Upon

Are you worried that you may get hacked by malicious opportunists online? Do you want to keep your digital information close to you and out of reach of hackers? Do you want to know what makes you vulnerable to hackers?

Hacking cybersecurity

No matter how well others protect their online information, it seems cyber security hackers always find a way around them. The recent Zoom hacking incident is a good example of it. However, there is still hope.

There is a way for you to secure your personal information online. It starts with arming yourself with the knowledge of the weaknesses in cybersecurity.…

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How Do I Get Out of a Home Foreclosure?

Due to financial hardships stemming from COVID-19, many people in Louisville are behind financially and struggling to keep their homes. If your home goes into foreclosure, it can be devastating to your credit and your financial situation.

Home foreclosure

Believe it or not, there are things that you can do to put an end to the foreclosing of your home. The key is to find a strategy that works best for you and your unique situation. Continue reading to learn ways to get out of a foreclosure.

1. Work something out with the lenders

The best thing you can do to increase your chances of avoiding the repossession of your home is to jump on it at the first signs of trouble.

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Some Of The Common Freelancer Mistakes You Can Avoid

When starting as a freelancer, people do everything to make a name for themselves and make more money. It is tough to get projects and clients at first, and as people struggle to get gigs, they overlook some aspects of the business side of freelancing.

Freelancer mistakes to avoid

People think that freelancing has lesser responsibilities than the regular office job. As a result, freelancers end up making mistakes that cost them a lot. Here are some of the freelancing errors you can avoid.

1. Operating without a Contract

Most freelancers start working without signing a contract. This leaves room for serious misunderstandings. Part of the reason this happens is that the freelancer does not have the time or resources to draft an agreement.…

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Common Cyber Security Practices You Should Never Miss

Industries have preferred to move their businesses online that have allowed them to grow organically. However, everything is not so bright as they are perennially faced with the risk of data breaches.

Compromized cyber security

The security threats in the industry are immense and can be estimated from the fact that 4.1 billion records were compromised in only the first half of 2019. There have been significant data breaches at Clearview and Marriott, with almost 5.2 million records being breached at the latter. According to the 2020 Data Breach Investigation Report from Verizon, 70% of the breaches were caused by outsiders, and 86% of the breaches were financially motivated.…

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Asset Protection Protocols You Should Always Follow

Typically, you’ve spent many years building your wealth for your family’s future. Whether you have personal assets or businesses, you always want these things to go to your loved ones in case of incapacity or death. However, this isn’t always the situation. There are instances when you need to prepare for the unexpected, and these can include lawsuits from the creditors and other adverse judgments. This is where the legal concept of asset protection comes into play.

Asset protection legal concept

In simple terms, asset protection is the process of protecting one’s assets from unfortunate situations, including seizure, lawsuits, judgments, and other relevant losses. It’s composed of many strategies that can guard an individual’s wealth without violating the law on concealment, fraudulent transfer, and contempt.…

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Guiding Small Businesses To Make The Most of Digital Marketing

With COVID-19 taking a toll on all aspects of daily life, 2020 has indeed been a challenging year for all of us. While we are trying to hold on and stay safe from the virus, businesses across the world are finding mere survival a Herculean task. This is especially true in the case of small businesses that do not have a huge debt fund to fall back on.

Digital marketing guide

At the moment, with social distancing protocols in place, businesses are having a dearth of physical options. The silver lining here is the fact that this global crisis is chaotic, and if small businesses can focus on their digital marketing plans, they will be able to establish long term credibility among their target audience.…

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Proof of Income: How to Use a Paystub and More to Buy A Home

Buying a house is a big step. It puts you on the property ladder, grants you rights you didn’t have as a tenant, and gives you a place to call home. In 2019, the median house price in the U.S. was $279,600.

Home loan application

To purchase a house at that price, you needed a salary of at least $61,123 to pay your monthly bill of $1,426.21. However, you need more than a salary. You need proof of income.

What does proof of income mean, and how do you show it? Here’s what you need to know.

What Does Proof of Income Mean?

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