Business impact analysis

The business impact analysis

 

A BIA or business impact analysis emphasizes the most important processes of your company that could threaten your normal business operations in case of a deficit or outage. These processes allow you to evaluate the consequences of a crisis more effectively and devise strategies...

 

Creating a web store: the cornerstone of seed money

Seed money for your web store

 

When planning the finer details of your web store, rushing through your financial plan can lead to chaos. It’s important to be aware of how much money you need to spend, and only an extensive finance plan can provide the necessary security for the development of your web store....

 

Agile Working

Agile working: mastering the challenges of the digital world

 

“Agile working” is currently one of the biggest trends in the corporate world. It’s seen as the best way to master the challenges of digitalization. How does the agile approach work? What opportunities and risks does it involve? And what role will this hot topic play in the...

 

Start a sole proprietorship

How to start a sole proprietorship

 

A sole proprietorship is one of the easiest types of businesses to set up. All you need to get started is a business idea and a bit of courage. The one-person business does not require registration with the state, but there are plenty of other requirements you will need to...

 

Body language

Body language: The most important form of nonverbal communication

 

Even when we don’t say anything, we communicate: Our body language is more or less consciously sending out signals to those around us. Gestures, expressions, and posture often share more than we’d like, including how we feel in a given situation. If you’re able to understand body...

 

Home office tax deduction

How to deduct working from home from your taxes

 

Whether you’re self-employed or employed – a growing number of professionals are working from home and many even set up a dedicated space to perform their job duties. To reduce any resulting financial burden, the costs for working from home can be deducted from your taxes....

 

Supply and demand

Supply and demand – how they control the market

 

Supply and demand determine pricing in a free market. Demand has an influence on supply and vice versa. With no demand, any supply is redundant, and with no supply, demand is ineffective. When they are in equilibrium, prices remain stable and goods are affordable. But how exactly...

 

Work schedule – free Excel template to download

If you don’t want to invest in an expensive software solution for managing your staff, then you can use alternative management tools like shift and work schedules, and easily create them yourself in Excel. But what’s even quicker: To download the 1&1 IONOS free work schedule template in Excel. We’ll explain how to adapt it to your needs in just a few steps.

Working from home with children: Reduce stress on both sides

Working from a home office with your kids around can prove to be a challenge for even the best multi-taskers. The double burden of work and keeping your little ones entertained in a confined space can push both parents and children to their limits. Our best tips and tricks can help you manage conflict and ease tension at home.

Startup funding: tips on corporate financing and promotion

If you want to create your startup independently, the question will come up sooner or later of how the company will be financed. Nowadays, there are so many options for startup funding: regional and nation-wide funding programs can help, as well as angel investors, startup centers, and other investors. Long-term subsidies that last two or more years are not a rarity in the startup industry. Learn...

Self-employed part-time – what do I need to know?

Would you like to work part-time as a self-employed person? You are not the only one. No wonder, as there are some advantages to owning a start-up, like minimizing your financial risk. Starting a part-time self-employed side gig is easy, but there are certain conditions to be observed. If you start your own business on a part-time basis, you will be faced with a number of considerations: How will...

Partial invoice

Partial invoices are particularly practical when services are not paid in a single total invoice. They are flexible in their amount and frequency and are agreed between customer and contractor. For the seller, partial invoices mean a more regular cash flow, and the customer may benefit from the more predictable burden of paying the invoice step by step. Prepayments are mainly used in the...

Mileage log template: Free of charge as an Excel and PDF file

Do you run personal errands with your company car? No problem at all – as long as you record the distances you have covered thoroughly in a logbook. You can either keep this in electronic form on your smartphone or buy it as a bound booklet from a specialist office retailer. However, there is nothing stopping you from creating your own logbook. Our mileage log sample will help you with this.

How to keep a mileage log: Doing it right

Do you travel regularly with a company car, but also use it for private journeys? While this is a monetary advantage, you have to pay tax on private usage. There are two different methods for calculating this tax burden: You can use a mileage log or claim actual expenses. A logbook is used for documentation purposes, in which you record the miles driven.

The Audit: What you need to know about external audits

Each year, private individuals and business owners submit their tax returns to the tax office and inform them about their annual accounts and any tax-relevant issues. However, if the tax office finds a reason to take a closer look, an external investigation known as an external audit will take place. The following article reveals what the tax office is hoping to achieve by conducting an audit, and...

The cost of sales procedure in the context of profits and losses

The profit and loss account (P&L) is also called an income statement. All general ledger accounts are summed up with expenses subtracted from the income to leave a profit or loss amount for the period, which is usually one financial year. Daily operating expenses are summarized by functional areas, e.g. sales and administration.

Small business invoice

Not just for large businesses, it’s also important for small businesses to get their invoices just right. How to determine whether your business qualifies as small, what needs to be included in the invoice, and the best way to send them can be found in this article. A small business invoice template is also included to make the whole process even easier.


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