If you’re in business, chances are you’ve had to make some tough decisions. But what if you feel like your business partner is making decisions without you? It can be frustrating, especially if you feel like you’re being left out of the loop. This article will highlight your rights as a business partner and what …
My Business Partner Is Making Decisions Without Me? Read More »
Business and entrepreneurship have become part and parcel of a thriving society. Finding the business to start is another step towards realizing the business objectives. However, finance and management may be an issue you may need assistance with, which may end up getting into a partnership. But what is a business partnership? How do you …
Going into business with a partner can be a great way to split the costs associated with starting a new company and the workload involved. Unfortunately, a 50/50 partnership is not always the best idea since it can often be a recipe for disagreements. Here I’ll explore what 50/50 business ownership entails, what to consider …
A bakery business is one of those ventures within the food industry that can earn you nice profit returns if managed well. Before starting a bakery, you need to know what the revenue potential for the business is. You can then adopt strategies for increasing your revenue potential. Other factors that’ll also influence the success …
How Much Does a Bakery Make a Year (Ways to Increase + Calculate) Read More »
Employers usually provide certain incentives to their employees to boost morale and workplace engagement. One such incentive is the pension benefit, which sets up employees for financial stability post-retirement. To calculate the pension expense payable to employees, employers must have good accounting knowledge of the pension expense components that are part of the income statement. …
Pension Expense Calculation(Is it part of the Income Statement?) Read More »
A retail business sells products to the general public. It includes clothing stores, grocery stores, furniture stores, supermarkets, and shops. There are many different retail businesses, categorized in a few ways. The first way to categorize retail businesses is by the type of product that they sell. For example, there are fast food retailers and …
In today’s business world, there are many factors to consider when choosing a scheduling system for your company. Two of the most popular scheduling systems are computerized and manual scheduling. Each has its own set of pros and cons that you should consider before making a decision. Computerized scheduling systems involve using a software program …
Actuary and accounting are both business-related professions that require analytical skills to determine financial implications. However, they aren’t exactly the same thing. Knowing the differences between an actuary and an accountant will better determine which career path is right for you. Actuaries help assess the financial implications of business and predict future events, while an …
Actuary VS Accountant: Are They Similar or Different? Read More »
Advertising is one of the most popular marketing methods used by brands worldwide, and owners of advertising platforms have been reaping huge rewards from its popularity. In the modern digital world, a significant portion of advertising has shifted online, and media companies and web publishers are making a killing by selling their ad inventory. If …
Inventory Digital Advertising (How Does It Work?) Read More »
Ribbon-cutting ceremonies have for years been used by business entities to mark the official launch of new ventures, products, or facilities. Such an event can also be used to commemorate important anniversaries for enterprises. A ribbon-cutting ceremony not only builds public awareness for a business but is also an opportunity to invite other industry players …
Ribbon Cutting Ceremonies: How to Plan the Cutting Read More »
