Business Trends

The Business Of Factoring & How It Works

Factoring, also known as accounts receivable factoring, is a business term used to describe a method in which companies sell their outstanding receivable invoices in order to gain immediate cash for their business. When a company sells a product or service, an invoice is created stating the amount due and the number of days in which the invoice must be paid. This invoice instantly becomes a part of accounts receivable, which is money that is owed to a business. After the invo...

Quitting Your Full Time Job To Start Your Own Business

If your current career isn’t everything that you had hoped it would be, it may be time to consider quitting your full time job to start your own business. It’s difficult to work around the boss’s schedule, have to ask for a pay raise and wait for a promotion that may never come. A growing number of people are turning toward their own businesses for complete career satisfaction. Before quitting your full time job to start your own business, there are some very important thi...

Answering Service, What Every Small Business Needs

An answering service is what every small business needs. Anyone who has ever worked for a small business, or has owned a small business knows that the answering service is a true God send. Every time you are not able to answer the phone, you take the risk of losing business. With an answering service, you don’t worry about missing important calls. Whether its an emergency or just an important client that needs a fire put out, answering services can meet your need. Think a...

The Fun Of Starting A New Business

So you had that fantastic business idea, the one that's going to be wildly successful and make you a fortune - even better, you actually did something about it and started your own business. Good for you! Not everyone gets that far. Most people sit and day dream about what they might do if only .... "The world is full of dreamers, there aren't enough who will move ahead and begin to take concrete steps to actualize their vision" - W. Clement Stone But you got over the...

Building Your Dream Franchise Business

Everybody dreams of becoming his or her own boss, but is it so easy to kiss your job goodbye? Yes, it is possible if you open a franchise business. Owning a franchise business opens limitless opportunities; you can become your own boss and lead a great lifestyle. With all the resources available on franchise opportunities nowadays, locating your ideal franchise business has become much easier. There are plenty of websites that provide detailed information on owning a franc...

Starting A Retail Business – Retail Key Performance Indicators (KPI) Maximise Sales

Starting a retail business means you’re excited. Did you know – by adopting Best Practice Retail Sales Performance Standards you can immediately increase your sales and profit expectations by as much as 30%! Why – because achieving sales objectives is more than just about what’s on your shelves and what your store looks like – it’s about having a customer focused mentality driven by key performance indicators (KPI) to inform staff at every level about the condition of the ...
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