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How to Know If You’re Financially Ready to Start a Business

Success

suppliers, margins, and so forth). After all, without cash flow and a solid financial plan that includes costs and expenses, you won’t be able to get your business off the ground. Either way, go through your bills and determine where you can cut personal expenses. Divide your expenses into one-time (e.g.,

Expenses 342
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6 Creative Ways to Solve a Problem

Success

Although it sounds complicated, a graphic example shows how easy it is: Sales are Down Store Inventory is Low Supplier is Unreliable Some Items Discontinued Outside Sales Team Below Goals High Team Turnover Low Team Morale. In this simple example, you’ve drilled down from one large problem to its core issues.

Suppliers 362
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Business Travel Is Back: How to Maximize Your Miles

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The right credit card for your business travel needs will depend on several factors, including the size and maturity of your business, your expense levels and your credit profile. One of the first questions to answer is whether it makes more sense for you to use a personal or business card to pay for travel and other expenses.

Travel 321
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Hiring Internationally Doesn’t Have To Make Payroll Complicated

Allwork

The cloud-based platform ensures full compliance and provides easy-to-understand analytics; essentially, it’s a streamlined global workforce payroll service. “Papaya is a SaaS platform automating global payroll and global HR processes, connecting corporate clients with a global network of preferred suppliers,” according to its website. Benefits: (..)

Payroll 246
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Is Travel Insurance Necessary or a Waste of Money?

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According to a recent study , only 38% of travelers purchase travel insurance, with many choosing to forgo it because they’ve traveled in the past and didn’t need it or because they felt their trip wasn’t expensive enough to warrant insurance.

Travel 246
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Bleisure Travel Continues to Increase

Small Business Labs

  A According to the folks at the expense reporting and management firm, SAP Concur, it continues to gain popularity.  The Word We Love to Hate is Gaining Popularity Across the Globe : according to new SAP Concur travel and expense data gathered between January 2017 and December 2017. ."

Travel 166
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How to Make Sustainable Practices Make Sense for Your Business

Success

According to Finnegan, the reluctance to embrace sustainability is usually linked to thinking of the additional expenses incurred for a “trend” that “will pass.” However, it’s not uncommon to still see hesitation or exaggeration from other companies about taking steps to enhance their sustainable business practices.