Get paid first – why your salary should be your business’s first monthly expense


It’s the line item most often left out of a small company’s budget: the business owner’s salary.

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Protect Business Reputation by Planning for Big Sales


A business plan is essential for business development. But even with a solid plan there is some aspect of unpredictability. There are a multitude of variables that have to be taken into account,...

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How Accounting Software Can Increase Profits


Most small business owners who use accounting software quickly master the basics. They automate processes like invoicing and payroll, track expenses and view real time financial reports to manage...

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9 Ways to Network with Experts in Your Niche


The ability to network is a fundamental part of running a business. Running a business in isolation is difficult, so it helps to have expert partners and acquaintances available to share ideas...

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5 Business Benefits Of Customer Loyalty Programs


Customer loyalty programs are surprisingly simple to implement, especially online, and can bring many benefits to your business. Beyond the simple fact of adding satisfaction for your regular...

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10 Ways to Protect Your Business from Online Threats


Businesses of all sizes are under constant threat from cybercriminals and malicious software, with even some of the world's largest and apparently impenetrable organizations making headlines in...

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Tips for Managing Remote Teams


So many business employees are now telecommuting, that companies around the world are restructuring their management practices to meet the challenges of remote collaboration.

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Grow Your Email List Through Personal Contact


When your email list is small or you'd just like to add more people and get higher open rates, it's smart to grow your list through personal contacts. Begin with the obvious: ask friends, family...

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How to Avoid Costly Inventory Problems


Inventory is the lifeblood of your business. It is the largest asset on your balance sheet and your company's biggest revenue-generator.

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Identify your break-even point


Without knowing your break-even point, you can’t make informed business decisions.

To cover the costs of your business you need to sell enough goods or services to reach your break-even point....

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