SUCCESSFUL TEAMS ON MONDAYS

Mondays are the hardest. On Mondays, people are typically stressed out, wishing for the weekend to come sooner. Mondays are times for contemplating and wishing they are elsewhere—anywhere but work. This mindset can easily be turned around. Bob Gower discusses what a team should do first thing in order to avoid the immediate stress that [...]

HOW MANAGERS CAN USE ACCOUNTING INFORMATION TO MAKE BETTER DECISIONS

Accounting is used in different ways, and that includes making managerial decisions. It helps convey and communicate financial reports to shareholders. The reports are then used to make informed decisions for the good of the firm. Author Alexandra-Daniela Socea summarizes the main ways in which managers can use accounting information to make better decisions for [...]

STAGES OF BUSINESS OWNERSHIP

  The Idea Every great invention begins with an idea. There’s more to starting a business than just having an idea. The steps you’re willing to take to turn your idea into something real will determine your success. When you decide to follow through with your idea, you’re going to want to properly prepare for [...]

TIPS ON HOW TO READ AN ANNUAL REPORT

  One of the most valuable tools for an investor trying to determine if a particular company is worth the risk that they are taking is the annual report published by the company each year.  Corporations painstakingly prepare and polish the report before it is published, but despite the pretty pictures, the substance is going [...]

ONLINE PRESENCE

Online presence isn’t just for online businesses anymore. All businesses need online presence to be able to communicate to their target market. Here are the benefits for having an online presence: Accessibility and Convenience Online presence gives people the gateway to communicating with you. It won’t matter whether your office or store is closed or [...]

NEGOTIATION

One of the most nerve-wrecking thing you’ll probably have to do in business is to negotiate. Negotiation is not an easy task. It requires preparation and a whole lot of confidence. Confidence is what many lack when it comes to negotiating. The root of lack of confidence is the fear of rejection. The amount of [...]

MOTIVATE YOUR EMPLOYEES

If the growth of your company is your priority, then motivating your employees is your priority as well. The result of motivated employees is an increase in productivity. A good work environment drives people to work harder, produce better results, and increase in work satisfaction. This, in return, translates to having a higher retention rate. [...]

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