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Small Business
How to Calculate Gross Profit Ratio
Understanding the importance of the gross profit ratio is a crucial task for any business owner. Calculating the most appropriate way to use labor and materials will have a long-lasting impact on your organization. This article will discuss what gross profit ratio, its importance, and how to calculate it.
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Finding a Solution to Cash Flow Problem by Factoring
As you might have already experienced, it is not unusual for small businesses to be short on cash. Depending on the industry you operate in,…
How to Successfully Create a Customer-Driven Marketing Strategy
Building a business that focuses on the needs of your customers can give you the upper hand over your competition. Satisfied customers are…
How to Identify and Solve Client’s Needs
During challenging times, businesses must find ways to stay relevant. Oftentimes, because of external pressure, owners tend to overlook a…
How to Develop a Thriving Personal Selling Process
In the business realm, mastering sales techniques has been of the most complex subjects. It isn't one-size-fits-all; it has to be customized…
What Is Cash Flow and Why Is It Important?
Running a business without a budget or cash flow forecast is like trying to drive somewhere you have never been without a map or GPS. Yes, you…
How Important is Luck for Your Success?
Most people are prone to attribute success to personal qualities such as smartness, skills, talent, intelligence, hard work, and willingness…
What You Need to Know About Outsourcing Your Accounting
Once a service that only the highly profitable companies could afford, accountants and bookkeepers are now very common. Unless you have an…
How to Create a Price List For Your New Business in 8 Simple Steps
Whether you are providing a service or selling products, as a business owner, creating a price list is one of the most crucial tasks. A clear…
How to Increase Your Customer Base in a Budget
It is no secret that to find new customers, you would need to market your business. You could buy lots of online and offline advertising. But…