How to Use Your Business Credit Score to Your Advantage

While many business owners are more than aware of their personal credit scores, there are many who are simply unaware of how their company’s credit score contributes to their potential success.

Business credit score

As most professionals know, a good, clean credit score can be the difference between loan or mortgage approval. If you have ever applied for credit, a lender will generally use this metric in their assessment of you and the risk you pose to their business. This three figure number (generally between 300 and 900) is a representation of your history of how you have handled credit. This information is widely available in 2018, meaning that there is no excuse not to be familiar with how lenders treat you, considering that almost everyone has access to their free credit score.…

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Improving Your Potential: Here’s How CEOs can Reroute Their Life Toward Fulfillment

Most of us aren’t living life to the fullest – and While for many, the phrase “living life to the fullest” conjures images of enjoyment and happiness, in this article we’re going to explore ways to live life to the fullest–when it comes to your potential.

Studies show that individuals who make the most of their intellect, time, and bodies are often healthier, happier, and more content. It’s easy to start rerouting your life towards fulfillment, and it starts with unlocking your potential.

Professional development

Professional potential

Many of us wish for a better salary and a better position in our current field.…

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Turning Office Small Talk Into Smart Conversation

You’ve heard the saying ‘time is money’; this is true in most elements of your life but especially true when you are thinking about starting a company or building your business.

Creating your own small empire is a fantastic idea and one that can bring a number of awards, success, potentially fame and security. But getting from a small startup or even a medium sized business to the big leagues takes time, money and effort.

Having a conversation with a colleague

Fortunately there are several ways in which you can smooth this process along. The ability to convert your office small talk into smart conversation is an important skill to learn; it will help to grow your reputation and your business.…

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Superannuation Solutions for Every Size & Type of Business: Find the fund that is right for you – no matter the business you are in

Choosing the right superannuation fund for your employees can be a complex process regardless of the industry you are in or the size of your business. The number of superannuation fund options is vast and, even though you may already be an experienced employer, the laws and requirements concerning employers and super are not always easy to master. From 1st July 2018, new legislation regarding super will be coming into effect – adding further considerations to the existing rules. Therefore, it is crucial to have a clear strategy for selecting super for your employees.

Superannuation solutions

This article will discuss different sizes and types of Australian small businesses, the common superannuation problems that employers in these businesses tend to encounter, and what superannuation strategies these businesses could employ to solve these common problems.…

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How to Find Money to Start Your Own Business

Entrepreneurial endeavors are becoming more and more commonplace as technology continues to place the tools to do the job in the hands of regular people. The path to starting your own business is no longer shrouded in obscurity.

Business start up funding

The steps are easy to figure out, and with a quick online search, you could be on your way to business ownership within a few days (though we would not recommend moving that quickly through the process). The problem is, how to fund your new business?

Take a few moments now, and check out some of the most effective ways to use the internet to find the money to start your own business.…

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How to Start Your Investment Portfolio Construction

Starting an investment portfolio can be an intimidating task. Whether you are planning to monitor and trade regularly or set up a one and done growth portfolio, the amount of time it can take to set up a solid plan for growth with your money can shake even the most stedfast of us.

Investment portfolio construction

Although it can be intimidating, setting up a stock portfolio is a great way to build your wealth over time, and can even be the reason you never “work” again. Getting there takes time, patience and market knowledge, but it all starts with the construction of your investment portfolio.…

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The Culinary Tastemaker – 10 Tips For Effective Hospitality Management

Whether you’re new to the business of hospitality management, or looking to improve and develop your rapport with staff and customers, there may be factors you’re overlooking or unsure of approaching. The following 10 tips are aimed at making your management (and your business) more effective – without leaving any passive-aggressive notes.

Hospitality management

1. Look The Part (Without the Cost)

While it’s obvious that your personal presentation matters, it’s even more important that your business is well attired and stocked with supplies. Clean, matching glasses, crisp linen and shining cutlery are all signs of a well-run establishment. There’s no excuse for looking like your serving ware has been through a war.…

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3 Steps to Choosing the Best Website Hosting Plan for Your Small Business

As a small business owner, you have to make many decisions when it comes to how to set up and run your business. You have to decide where you’ll be located, what you’ll sell, how much you’ll charge, and what type of customer you want to serve. Well, one of these decisions also involves choosing the best website hosting plan for your company’s online presence.

Web hosting servers

If you’re not sure what that would be, not to worry. There are three fairly simple steps you can take right now that can help make this decision-making process easier.

Step 1. Determine Your Website’s Hosting Needs

It’s pretty much impossible to pick the best website hosting plan for your small business if you have no idea what your hosting needs are.…

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Outsourcing Marketing Functions: 7 Things Chief Marketing Officers Should Consider

While outsourcing exists in every nook and cranny of various industries, it is the B2B marketing sector, which is rapidly expanding with its aid. However, for the chief marketing officers (CMOs), outsourcing functions need more thought that you could imagine.

Outsourcing

We’ve seen copious examples of this with the outsourcing commercials. And at present, it has expanded to digital content creation, analytics and so on and so forth.

Here are some of the factors we’ve pinpointed for CMOs to take into consideration while outsourcing marketing functions.

1. Remembering The Purpose Of Outsourcing

Why do companies outsource?

According to a Deloitte’s Global Outsourcing Survey 2016, companies outsource owing to the following reasons:

  • Use it as a cost-cutting tool – 59%
  • To enable focus on their core business – 57%
  • To solve capacity issues – 47%
  • To enhance the service quality – 31%
  • Critical to business needs – 28%

Sometimes, CMOs tend to forget why they are outsourcing in the first place, which should not be the case.…

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3 Ways To Get More For Your Money When You Start A Business

It’s one thing to run a business and it’s another to grow your business. The difference between the two is the use of the Pareto Principle, better known as the 80-20 rule. According to this principle, 80 percent of your results will come from only 20 percent of your efforts.

Business operations

Since the aim of every business is to increase profits, a person who runs a business focuses on marketing and sales. Meanwhile, someone who grows a business will also focus on marketing and sales—but they will also apply the Pareto Principle to overheads. He or she will try to isolate the 20 percent of B2B services that increase 80 percent of the business’ performance.…

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