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A good credit score implies that you quickly pay money you owe promptly. This makes stakeholders such as suppliers and lenders more comfortable to work with you. While lenders provide you with access to capital and credit, suppliers provide you...
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Most businesses focus their energy towards customer acquisition that they fail to address the strategies that should be put in place t retain existing ones. This is counterproductive, as surveys show that is 50% easier to sell to existing customers...
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Since we spend about one-third of our lives at work, it’s not surprising when friendships develop with co-workers. But entering into a business partnership with a friend can be challenging. Here are some suggestions for maintaining a balance that fosters...
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Various reasons have led to many businesses engaging in equipment leasing, many of which are centered on preserving capital and general financial management. Here are eight other reasons why this is a common trend. 1. It equips the lessee with...
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It can be very important for any budding business to maintain a regular level of cash flow. Income is a predictable way to determine whether your business is successful and if it can continue to do so. However, in times...
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Riding the high of the first successful years of your small business is a wonderful feeling. However, the emotion becomes slightly dampened when you consider what it’s going to entail to keep it sustainable. This is a quandary with every...
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Working in customer service can be easy for some while difficult for others. Outgoing, extroverted personality types generally get along wonderfully with the social aspect of the job, yet even they sometimes feel the need for quiet time after a...
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Cash flow can be fickle. Sometimes business is really good and you do not have to worry about a thing, but other times things are slower. When your business is not being as productive as normal, you still have to...
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