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LATEST ARTICLES - PAGE: 3

Why Are Duopolies So Competitive?

Posted on July 11, 2021 by Raphael Corns
A duopoly is really a situation where two firms control almost all of the marketplace for something or service.Duopolies could be surprisingly competitive.In the event that you remember that the cost of something or service is set solely by the best losing bid price and the cheapest losing ask price, you'll understand why a duopoly could be so competitive.Numerous inefficient competitors could have minimal affect on prices over time unless someone (the government or perhaps a band of idiotic investors) is ready to continually finance unprofitable operations within an unprofitable industry (think airlines)...

Budgeting Mistakes and How to Avoid Them

Posted on June 13, 2021 by Raphael Corns
Great business ideas and bold marketing plans are useless if you don't budget carefully.In this post we explore one of the most common budgeting mistakes and ways to prevent them.Do not count taxable amounts as company holdingsIt is simple to forget that the total amount in the business's bank account will not represent the real holding value of the business.Remember that in the event that you exceed the VAT threshold, a quantity will undoubtedly be owed as VAT each quarter and that you will need to pay corporation tax by the end of the business's financial year...

How to Reduce Late Payments

Posted on May 8, 2021 by Raphael Corns
Being paid promptly is vital to the financial health of a small business and good cashflow management.Hence, it is vital that you encourage your visitors to cover you promptly.A proven way that can be done that is by invoicing your visitors properly.Sending out Accurate Invoices on TimeOne of the main element ways that it is possible to avoid late payments is by making certain you distribute invoices promptly and they are accurate...

Show Appreciation with a Corporate Gift Basket

Posted on April 13, 2021 by Raphael Corns
Over the years, the gift basket is becoming an extremely popular gift.Something special basket looks nice, is sensible, and may be customized to the average person.Simultaneously, corporate gifts also have become ever more popular.They are a method to show appreciation to clients while also solidifying the business enterprise relationship.With those two trends, it is common that the organization gift basket is becoming extremely popular gift and business tool...

How-To Transform your Unorganized Office into an Efficient, Productive Office

Posted on March 12, 2021 by Raphael Corns
There are some necessary procedures that needs to be in place to make sure that your workplace is working like clockwork.Did you understand that you could gain much more hours in your entire day for those who have an organized office.Let's go on it individually and appearance at every one of the different systems in your workplace.Let's begin by considering your phone system:Do you have somebody who answers the telephone for youDo you will need someone on a full-time basis to answer the telephone or would a part-time person or perhaps a va work betterIf you're the individual answering the telephone - Are you currently wasting precious time answering calls all dayHow several hours a day are you currently shelling out for the phoneWould this time around become more effective if it had been spent with clients?If you're spending considerable time on the telephone, perhaps you should look at posting specific hours on your own website concerning if you are available to consult with clients and invite your voicemail to get if you are notNext we shall have a look at your email system...