If a business runs out of cash and is not able to obtain new finance, it will become insolvent. Therefore, it is a poor excuse for management to claim that they didn’t see a cash flow crisis coming. In business, “cash is king”. Cash flow is the life-blood of all businesses – … [Read more...]
The Ultimate List of Outsourcing Statistics
Outsourcing as we know it today comes in many different forms—from hiring skilled, independent contractors to performing tasks that might otherwise not be done as efficiently as your existing workforce to contracting with outsourcing firms that specialize in a broad range of … [Read more...]
What It Takes to Understand Your Customers Today
It is a well-known fact among business owners that modern shopping trends all point to the Internet as the epicenter of customer growth. When it comes to attracting and retaining customers, the Internet has provided ample opportunity for businesses both large and small. Google … [Read more...]
Best Tools for Developing a Profitable Business
All entrepreneurs want their businesses to make profits at one point. After all, making profits is how we keep the score in business and measure progress. To maximize your business profits, you need to be vigilant and actively keep track of your expenses. You need to start … [Read more...]
Five Ways to Effectively Deal With Staff Sickness in the Workplace
We all know that day off due to sickness and injury can create problems with meeting deadlines and schedules, maintaining morale, delivering high levels of service and maintaining productivity. Yet the latest Office of National Statistics figures tells us that on average in 2016 … [Read more...]
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