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Running a solvent business can be difficult without the understanding of critical financial metrics. You need to understand income, expenses, cash flow, accounts receivable aging, and accounts payable aging. Here is how they work. 1. Income Nothing can happen in business without revenue or income. Without income, staff cannot get paid, suppliers are not paid, products can’t be delivered, and operations cannot be sustained. Hence, this is the most significant financial metric in business. You…

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In a world where you can run an online business from the comfort of your home, you still need the right ‘ingredients’ to succeed. When you have an online business you don’t expect any physical customers to travel to your place. If you are offering a service that is needed by the market or a product that is in demand then you’re halfway there. You now just need to use the below tips and suggestions…

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Typing is a skill that is underrated but overused. Anyone who uses the computer must learn how to type properly, and some jobs require exceptional typing skills. Here is a mobile game app that helps you to improve the speed and efficiency of your typing. As a result, your employees work faster and become more productive, which creates positive results for the business. The Typing Game Steev James created The Typing Game, a mobile app…

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By now, it’s well known that you need to showcase your company all over the internet from social media, video sites and everything in between. Some businesses have taken these necessary digital marketing steps, but they haven’t seen results like new customers, sales leads or a higher ROI. You not only want your sales team to be able to interact on these platforms, but you should also have content that can capture the attention of…

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Maintaining your office is not just about keeping things clean or organized. Creating the ideal work space is necessary to function at the highest levels of productivity and become the best worker that you can be. Here are several tips to optimize your work space for the best results. Remove Clutter The first step is to remove clutter from your workspace. It’s pretty standard to fill your monitor with post its of passwords, reminders and such…

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Your business cannot succeed without client data. Are you securing their information properly, and are you using such information to your advantage? Below are some safeguards you can implement in your own business to ensure the safety of your client’s information. Data is an AssetIt is essential to understand that data is an asset to your business. You must be able to protect the data your clients entrust to you first and foremost. Some simple…

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Companies understand the importance of updating their customers of any policy updates. It’s important to ensure there are no excuses a client can use to claim they were unaware of any policy changes. You also have to balance the effectiveness of which you deliver this information with a non-bothersome approach. These are still your customers and the last result one wants is to lose them because of excessive changes/communication. Below are some of the best…

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