There are many factors that contribute to the success of any business. You've got the tenacity of the owner, the quality of the product or service, competitive pricing, and marketing and promotions as some of the factors that help a business succeed. One of the more crucial factors that help a business succeed is having effective employees. Any business owner who operates a … [Read more...] about Tips on taking care of your employees
Business
Tips on promoting a business on a small budget
One of the biggest factors that would spell success in any business is promoting it. With proper promotions, a business will gain more and more customers, which will increase sales and profits and ultimately lead to the business having the means to expand. It doesn't matter if the business is large or small, promotions will have the same effect on it. The difference between … [Read more...] about Tips on promoting a business on a small budget
Tips on conducting an internal audit
All businesses need to go through an internal audit every year. This is a very important process to go through because the internal audit will help in determining whether the business' accounting books actually balance correctly with the company's financial status. An internal audit is usually seen as a particularly stressful activity but it is a very important and necessary … [Read more...] about Tips on conducting an internal audit
Tips on making a partnership agreement
When starting a business most business owners either go for a single proprietorship or a partnership. A singe proprietorship means only one person is responsible for the business and all assets and liabilities are earmarked for him. A partnership, on the other hand, means that another person shares in the responsibilities of managing the business and also the cost of starting … [Read more...] about Tips on making a partnership agreement
How does Branding Work?
If you own or operate a business then you should know that branding is part of the formula that will ensure your business' success. It is important that you know something about branding, how it works and how it can contribute towards your success. In this article you will find a simple guide to branding. Like all of o5.com's recipes for life, the tips are practical and … [Read more...] about How does Branding Work?