Working from home continues to gain importance as part of modern work life. To ensure that you can work efficiently and securely from home, certain precautions should be considered. Generally, employees are free to design their home office spaces as they wish. However, there are...
Sitting for hours on end is not beneficial to mind and body. So, what can you do if you have to work every day as an office worker, where for most of your job you must sit? Exercising at work can help! It is wholly possible to integrate exercise in the office into your routine...
An ergonomic workspace is an important pillar of the healthy work life. But many people are missing the know-how to create a more ergonomic environment. Illness, discomfort, and a lack of motivation can be the consequence. And yet, an ergonomically-designed workstation is easy to...
If you’re planning to set up an online store, you have a lot to consider. Amongst other things, your checklist will include applying for a business license, developing a concept, and calculating your finances. But don’t despair! A host of webstore programs and optimization...
On average, HR spend four minutes on each application. That’s why you should make sure your curriculum vitae is setup in such a way that it’s easily skimmable – the best way to do this is with a tabular CV, which covers all your bases. With our free CV template, we’ll show you...
Online time trackers make it easier for you to track your employee’s working hours. Furthermore, many applications offer comprehensive functions that go well beyond mere timekeeping. This way, you simplify your personnel planning and resource planning. It’s not only large...
Whether it’s in the field of mobile or social media, various methods can help bring applicant management into the digital age. E-recruiting can help make it easier for you to find better candidates, strengthen your employer brand, and free up your HR department. This saves money...
Unfortunately, when doing your annual accounts, it’s not always possible to know how much your operating expenses will be in advance. Because of this, you should always allocate a portion of your income for provisions and accruals. This way, you can avoid financial risks. But what do these terms mean, and how should they be recorded on your company’s balance sheet? This handy guide provides...
What does depreciation mean and what role does it play in a business environment? These questions are of great importance to entrepreneurs. Depreciation is often a closed book for business founders. To find out more about the basics, continue reading this article, in which we explain not only various depreciation types and methods of calculation, but also shed light on how to act with low-value...
Even if prices are raised and there are more affordable alternatives on the market, we will often continue to buy products from the same brand. The reason for this is the same as explaining why we always choose to fly with the same airline or get our coffee from the same place: we share the company’s values. These values are formed on the basis of the company vision and mission statement. But what...
Car workshops, construction companies, and insurance agents are rarely commissioned without research. Instead, the first step is to obtain a cost estimate that gives a detailed breakdown of the expected cost items and therefore provides a basis for budget calculations and price comparisons. However, it is unclear to many customers that even the most accurate cost estimate does not rule out...
If you want to develop software, you first need a suitable concept for the development process. For larger projects in which the evaluation of possible risks and potential costs plays a decisive role, the spiral model is ideally suited. In this article, you can find out exactly what is behind this process model and how it works.
To correctly evaluate a company, and to be able to compare it with others, you require appropriate key figures. However, the profit at the end of the year is not the right choice for all situations. Business economists often use other comparison values. The EBITDA value emerges again and again in this context. But: what is EBITDA?
You rely on meaningful figures for running your company. The EBITDA margin gives you a powerful tool for measuring the profitability of your company in its day-to-day business operations so you can make corrections if required. You can ignore items which are not significant for the result of your company operations. We explain how to calculate the EBITDA margin.
Before a business idea can be implemented, it is necessary to create a business plan. This serves as the founder’s roadmap, and summarizes all necessary information about planning and finances. However, the business plan is also highly relevant for investors as well as potential financial and funding institutions, since it is a decision-making factor for loans and grants. Due to its importance and...
Advanced tax payments need to be estimated and paid four times a year. But who needs to make these payment and who is exempt? How do you estimate how much you have to pay? The answer to these questions can be found in this accountancy article - make sure you don’t land in hot water with the IRS.
A business plan is an essential tool for every entrepreneur seeking to kick off a budding project. This not only applies to brick-and-mortar companies, but also to web stores. This is where entrepreneurs can really get to the heart of their business concept, outlining all the crucial elements: from marketing strategies to the company’s staff structure. Providing a projection of the company’s...
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