Although leadership skills and styles will vary between each person who is in a supervisory role it is clear that there are certain principles of management that remain constant, and that is something that Henri Fayol, a mining executive, had a definite theory on. His general theory of how to…
When the biggest initial public offering (IPO) in history is announced you are sure to be interested in learning what it is all about and whether it presents an investment opportunity that is worthy of your attention. The Saudi Aramco IPO was announced at the end of 2019 and the…
Statistical analysis uses science to coordinate data in a way that unearths trends and patterns. A large amount of information is necessary to get the best results. With several industries depending on the practice of statistical analysis, it has become an important part of daily operations. Understanding the Basics For…
The accounting branch of every business uses a defined system to keep track of the finances. Single, double and triple entry are the choices that ensure all of the numbers add up correctly. But what are the differences that make the double entry system stand out? The changes are subtle,…
Although you could argue that your business has a common purpose regarding the need to drive turnover and profitability upward and you are all focused on the same goal, there is actually a difference between sales and marketing, and they are separate cogs in the same wheel. Here is a…
It is all too easy to use PayPal as the default payment option because it is such a dominating presence in this arena, with well over 200 million customers and millions of businesses using their services. However, there are plenty of alternatives to PayPal that offer competitive rates and services…
One of the most important business decisions you might make is right at the start of your trading journey and that involves the decision as to whether you form an LLP or LLC. It pays to take a look at the key differences when it comes to LLP vs LLC…
When you have put all of your time, energy, and money into building a business you might decide there is a point when you want to liquidate the asset and enjoy some of the cash rewards or move onto something new. Using a business valuation calculator is a useful way…
Do you have the next big idea for a cleaning business? Before you hit the ground running, it is important to learn how to start a cleaning business. The wisdom found in the basics can go a long way in helping you avoid common mistakes. When you want long-term success…
The dictionary description for the word venture is a risky or daring journey or undertaking and that provides a big clue as to what venture capital is all about. Any form of speculation that involves money always has to carry an element of risk but the whole idea behind the…