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The Impact of The Research and Development Tax Credit for German Taxpayers

If you are planning to finance or currently funding, or you already have a financed product or an initiative on software development, Germany may offer you 500,000 EUR if it started after 2019 or is going to start after 2019.

R&D tax credits

The Research Allowance Act, also known as Die Steuergutschrift Für Forschung Und Entwicklung, is responsible for the creation of the new incentive, which is generally equivalent to 25 percent of the total amount an entity spends on R&D salaries, wages, and eligible contract research expenses, with a yearly cap of EUR 500,000. The German Federal Council gave its stamp of approval to the measure on November 29th, 2019.…

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3 Financial Questions Any Business Owner Needs to Ask

There are many questions involved in the early stages of planning your own business. You don’t just need to ask yourself what you’re going to sell, how you’re going to take your product to market, or which audience you’re going to target. You also need to think about how you’re going to market yourself, ensure a profit, and pay your employees.

Managing small business finances

While all of the queries popping up at the beginning of your journey can be complex, the financial questions are the ones that many entrepreneurs struggle with most. Fortunately, the more prepared you are to handle these questions, the more confident you’re going to feel when the time comes to bring your venture to life.…

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4 Supply Chain Strategies for Your Business

As a result of recent disruptions in the supply chain industry — such as the pandemic and transportation issues — many business owners have begun to take a deeper interest in supply chains. This comes as no surprise, as supply chains can have a massive impact on a business owner’s ability to run their operations smoothly.

Supply chain strategy

While being familiar with supply chain management and why it’s important can be a great start, business owners who are serious about succeeding in today’s changing business landscape can benefit from implementing certain supply chain strategies.

Here are four supply chain strategies to improve your business practices.…

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6 Reasons To Use Metal Tags And Labels For Your Inventory

If you’re a business owner, you know how important it is to keep track of your inventory. But what if you could do more than just keep tabs on your on-hand items? What if you could make that inventory work for you in ways it never has?

Scanning inventory label

In today’s world of inventory management and supply chain management, it’s essential to have the proper tools to properly keep track of your inventory. When trying to keep track of your inventory, you want to ensure that your products can be easily identified. Metal tags and labels are one of the best ways to do this because they’re easy to use and can be customized with just about any type of information you need.…

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10 Tips for Effective Business Leadership

According to the Harvard Business Review, the most crucial skill for leaders is the ability to develop and communicate a clear vision. In addition, your vision should be inspiring and motivate your team to achieve great things.

Innovation

photo credit: Pixabay

As a leader, you also need to be able to make tough decisions, build and maintain strong relationships, and promote a positive work environment.

Are you a business leader? If so, you know the importance of being effective in your role. After all, your company’s success depends on your ability to motivate and inspire your team.

Fortunately, there are several things you can do to improve your leadership skills.…

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How to Use Blockchain to Streamline Your Business?

Blockchain is a technical topic that is often shrouded in mystery. But as with most things, the reality is pretty simple. Blockchain is just a way of storing information in a way that makes it impossible to change.

Blockchain for business

The purpose of this guide is to help you understand what blockchain technology can do for your business and how it can be used right now to streamline operations and save money.

What Is Blockchain?

Blockchain is a decentralized, shared, public ledger. It can be used to record transactions between two parties efficiently and in a verifiable and permanent way.

A blockchain is a list of records called blocks.…

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Social Media Marketing Tips Every Business Should Use

There is no doubt that social media marketing is one of the most effective ways to connect with customers and promote your business. In fact, social media marketing has become so popular that it is now considered an essential part of any good marketing strategy.

Social media logos

photo credit: Natanaelginting / Freepik

However, social media marketing is not without its challenges. Here are some of the most usefull tips for businesses when it comes to social media marketing:

20 Social Media Marketing Tips

1. Create a strong relationship with your customers

Make sure you are responsive to comments and questions. Show that you care about your customers and their experience with your business.…

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VoIP 101 – All You Need to Know

Voice over Internet Protocol is known as VoIP. VoIP is gradually overtaking previous technologies like H.323 and SIP as the industry standard for phone communications, even though they have been around for a while.

Businesswoman making VoIP call

VoIP enables you to place phone conversations without a traditional landline by using your computer or Internet connection. You might be able to contact anyone who has a phone number using some VoIP services, including local, long distance, mobile, and international lines.

Once you find the best VoIP providers and avail their services, it simply let you connect with other VoIP users, furthermore they additionally enable you connect with other SIP-based devices like IP PBXs or non-endpoint phones to perform conference calls (with one or more users on several phones at once) and other, more involved calls.…

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5 Ways You Can Use Custom Stickers For Your Business 

Modern businesses need to take advantage of the different available ideas to promote their brand more and more. One practical and low-cost way is to make use of customising stickers. Whether you’re just starting your startup business, transferring to a different location, expanding other branches, or executing promotional campaigns, investing in custom stickers for your marketing mix is a sound decision.

Custom stickers

Stickers are well-known marketing tactics. It’s commonplace to see walls, windows, cars, equipment, and packages filled with sticker brands. Therefore, if you want to stay competitive in your market, you need to maximize the use of stickers too. But be sure to make them stand out more by incorporating unique and catchy designs on your custom stickers.…

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Choosing the Right Enterprise Work Management System for Your Business

In today’s business world, having a system for managing your work is more important than ever. An enterprise work management system can help you keep track of everything going on, from tasks that need to be completed to looming deadlines.

Using enterprise work management system

Here we will discuss some benefits of using an enterprise work management system and how you can choose the right one for your business.

What is an Enterprise Work Management System?

An enterprise work management system (EWMS) is a software platform that helps organizations plan, track, and execute work across the enterprise. EWMS platforms typically provide a central repository for work items and tools for managing dependencies, allocating resources, and tracking progress.…

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