Business
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Mistakes Every New Leader Makes
Author: Herb Kimble. Every day new leaders are forged, they make the same blunders. Time after time to the point where many of these mistakes are just old news. If you can learn from these beginner stumbles, you’re already a leg ahead of your peers. The Molehill Problem There’s an old saying that one shouldn’t make mountains out of molehills, meaning to avoid making a big deal out of a small problem. Leadership is hard and roadblocks can feel like a challenge to overcome. The role of a leader carries the burden of overcoming those obstacles. The molehill mindset leads to explosive conflicts over virtually every minor detail. Most of…
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5 Marketing Ideas For Small Businesses With Limited Budgets
Article was written by Herb Kimble Small businesses struggle usually in the first few years of being in business. They may find that marketing their business can be difficult on a small marketing budget. However, marketing your business is important to generate more revenue. Therefore, here are some marketing tactics that will help you make money, on a small marketing budget. Publish great content. – It is important that the content you publish is of good quality. If writing is not your strong point, speak to someone on your team to generate articles on your blog. Include tips that will help customers to understand and use your products and services.…
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How to Find the Right Supplier For Your Maintenance Business
Summary: Finding and keeping a trusted supplier comes with due diligence and the right approach. Here’s how you can accomplish this feat. Small businesses are always looking for ways to cut corners financially. With high rent, payroll, and other overhead costs to worry about, it shouldn’t come as a surprise that the supplier that offers the lowest prices on goods will likely be picked. With that being said, as a business owner, you’ll want to ensure that the company offers reasonable prices but also acts within moral grounds. This article will demonstrate some of the aspects you need to look out for in a proper supplier. Read the Contract In…
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The Simplified Buyer’s Guide to Aviation Maintenance Equipment
Summary: Looking to purchase new aviation maintenance equipment? This guide will walk you through what you need to know before making a purchase. If you’re looking to save money on maintenance equipment for your airplane, this guide is the perfect for you. With so many manufacturers charging ludicrous amounts for even the smallest tools and power units, your shopping experience can turn sour rather quick once you start seeing the price tags. Diversify Sticking to one shop and refusing to go to others out of pure laziness can hurt you financially. For one, you’re not taking a look at the current market price of what, for example a ground power…
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Stay Focused on Your Goals with these 5 tips
Article by iclimber.com Life as a business person isn’t simple, however when you first got into it you ought to have comprehended that it wouldn’t be simple. A business visionary must stay concentrated on the comprehensive view and the objectives set in front of them, notwithstanding when times are troublesome. What are a few approaches to stay concentrated on these objectives? 1. Be Completely Honest About the Situation-Don’t kid yourself about your present circumstance, yet rather be totally fair about where you at and where you need to go. Improving things appear than they are won’t help; rather they will just make you get lethargic. 2. Stay enthusiastic Passion is…
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How Important is Record Keeping for Businesses?
In order to keep your business safe from any legal troubles, it’s important that you document every step that you take. Recordkeeping is one of the most important tools that you should take advantage of when it comes to running a business. Whenever conflict or issues arise, you’ll want to be able to prove that you were on the right side of the law. And, as you already know, the only way you can go about doing this is to maintain clear and concise records of every transaction that your business partakes in. Using the Cloud Many businesses are backing their information up on what’s known as the cloud. Documents…
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Basic skills for starting or running your own business
Article Written by : Scrumpy Jack Experienced managers and CEO’s will tell you that in order to start your own business you will need to have or acquire a range of skills. This is even more important for startups. The smaller headcounts mean that a lot of the work is done by the founder. Here are a few of the skills you will need to master: Project management Being an efficient project manager will be very important. The basic gist is to achieve a specific goal or outcome while making the maximum use of resources available and delivering on schedule. There are courses on project management which will speed up…
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3 Ways to Invest Your Company’s First Profits
Summary: Reinvesting profits can be beneficial for both your company and your consumer base. So you’ve officially earned your first dollar and you’re not wondering what to do next. Here are the top 3 ways that you can invest your money back into your company to pave the way for future endeavors. Digital Marketing Marketing is a key component that plays a significant role in the success of a business. Most startups that hit the beginning phases of their business wait months before they invest in marketing. Most of the time it’s because they don’t exactly know where they should start. One solid investment is in performance metrics. Keeping track…
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How is Money Transferred Globally? Is it Safe?
Summary: The complex system of transfers involve numerous pit stops in various countries along with embedded security systems to prevent sensitive information from leaking. More than likely, you’ve transferred money to a relative or acquaintance that you know at least once in your life. But, have you done so to another person overseas? This is much more complicated and requires additional security measures to ensure it reaches its destination safely without compromising sensitive information like account numbers or addresses. Now, there are numerous solutions to overcoming the difficulties of micro-transactions and bank transfers, but there is still an overwhelming issue of security for each credit card processor. The fact that…
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Profiling Omar Amanat: Businessman and Philanthropist
Omar Amanat was the founder and CEO of Tradescape, an electronic brokerage company that quickly became an industry leader by offering investors a direct connection to all nine Electronic Communications Networks. Responsible for processing over 10% of NASDAQ’s daily trading volume, it was deemed one of the top 50 private companies in the United States. In 2002, Mr. Amanat sold Tradescape to E*Trade for $280 million. Mr. Amanat studied at the University of Pennsylvania and the Wharton School of Business before working with CyberTrader founder Philip Berber to develop a stock trading platform that was acquired by Charles Schwab for $488 million. He survived the dot-com crash, and narrowly avoided the…
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The Important of a Checking a Tenant’s Credit Report
Renting out a property can be a lucrative opportunity for you. Not only is it a great secondary source of income, but if you hire a management company to take care of all of the work, you can basically sit back and enjoy the extra cash flow. One thing that is important to note though is that there is a chance you’ll come across some issues with your tenant’s monthly payments. It’s extremely common as financial emergencies do happen with people – but it’s obviously not acceptable if it’s a consistent pattern. If you want to minimize the chances that the latter would happen, it’s best that you run a…
