INVESTING IN THE STOCK MARKET

July 30th at 7:52pm

Many business owners like the idea of investing profits and diversifying their revenue portfolio. Investing in the stock market can be a good idea for your future. Consider the following before starting your investment venture. 1. Decide how you want to invest in stocks You may choose between Do-It-Yourself account or choose an investment firm to manage your portfolio. 2. Open an investing account Generally speaking, to invest in stocks, you need an investment account. For the hands-on types, this usually means a brokerage account. For those who would like a little help, opening an account through a robo-advisor is…

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PAYROLL PRACTICES YOUR BUSINESS SHOULD CONSIDER

July 23rd at 8:10pm

Payroll is one of the most crucial (but dreaded) tasks of any HR department. Not only is the collective payroll “check” likely the biggest expense your company incurs — it also goes to your most important payee: your team. Effective payroll practices keep your company’s finances on track and contribute to employee satisfaction. For all their hard work, your employees don’t just deserve accurate, timely pay — they and their families rely on it. Payroll Best Practices Maintain a policies and procedures manual for your team and the company. …Know important dates and deadlines for the year ahead. …Furnish and…

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FITNESS AND BUSINESS SUCCESS

July 16th at 4:40pm

If there’s one common denominator among most successful entrepreneurs, is exercise. There are many benefits from physical exercise that contribute to a better business. Review the list below and get ready to change your daily routine: 1. Goals and schedules: Both will increase your motivation by accomplishing more each day. Having a set schedule is part of your time management, having a list of things to do is a great way to have a clear direction daily. 2. Train your brain to have good habits. Discipline is important for your brain, it does not take long before you develop better…

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ADVANTAGES OF E-COMMERCE VS. TRADITIONAL RETAIL

July 9th at 10:03pm

Is your business retail? want to concentrate more on online business? If your retail business does not have online exposure, you may be missing out of the vast majority of customers searching online for your products. Most customers are switching to online shopping, especially during the holiday season. Your business can benefit from an online presence and e-commerce sales: Promoting your products is more cost effective as many channels like social media are free.No need for additional sales staff, a good website can do all the selling for youYou can be more competitive as daily discounts can attract more volume…

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TIPS TO START A RESTAURANT BUSINESS

July 2nd at 4:37pm

Opening a restaurant requires juggling many moving parts and can feel like a difficult undertaking. But the procedure is a more manageable feat when broken down. If you’re curious about how to open a restaurant, we’ve created an 11-step guide to navigate you through the process. How to Start a Restaurant Choose a Restaurant Concept and Brand. …Form Your Menu Items. …Write a Restaurant Business Plan. …Obtain Funding. …Choose a Location and Lease a Commercial Space. …Permits and Licenses. …Find an Equipment and Food Supplier. …Design a Restaurant Layout. Getting your new restaurant off the ground can feel like a…

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HOW TO MINIMIZE NEGATIVITY AT WORK

June 11th at 8:48pm

Negativity is an increasing problem in the workplace. Negativity is often the result of a loss of confidence, control, or community. Knowing what people are negative about is the first step in solving the problem. Remember that the best way to combat workplace negativity is to keep it from occurring in the first place. 1. Control Over Their Job Provide opportunities for people to make decisions about and control and influence their job. 2. Opportunity to Express Opinions Make opportunities available for people to express their opinion about workplace policies and procedures. 3. Use Consistent Fair Treatment Treat people as…

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BUILDING A SALES TEAM

June 4th at 8:35pm

In the business development world, you’re only as good as your sales team. One bad hire could cause you to lose out on lucrative contracts, while a team full of A-players can catapult your revenue far beyond your projections. Building a sales “dream team” begins during the recruiting process and continues throughout the employee lifecycle. Here are some proven steps for building the kind of sales team that your business needs to make it to the next level. Determine the type of team you need. …Develop a repeatable hiring process. …Hire the right kind of person. …Develop a compensation plan. …Plan to…

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MEANING OF COLORS IN BUSINESS

May 28th at 7:58pm

Understanding color meanings in business is essential when you are establishing a business profile. Color psychology affects our lives in so many ways, yet we often don’t realize the impact of our color choices on our website colors, on our stationery and packaging, in our retail store or office, in our marketing or our business clothing.  Here’s a quick color meaning guide: RED: Red is a physical color which calls for action to be taken. Its high energy and strength draws attention to itself and demands to be noticed. ORANGE: Orange is a color of adventure which inspires and creates…

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