If you would also like to go for it and launch a startup yourself, you’ll need good ideas and a ton of organization. We’ve got some inspiration for both! How do you systematically approach the search for the next “big thing”? How have others written their success stories? And…
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…
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.…
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…
“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…
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…
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…
“Flat hierarchies” are a common refrain of many companies when it comes to recruiting. This means short chains of command, wide control spans, and democratic decision-making. This kind of a loose organizational structure has a reputation for motivating employees and therefore increasing their productivity. But not every company is suited to the concept. For more complex companies, it may be...
Make your dream of your owning a business come true! In our guide, we’ll show you how to start a business and take you through the process step by step. You can find out how to develop an idea and turn it into a business plan, consider what’s important in terms of financing, insurance and legalities, and what you should bear in mind for marketing.
If you’re dreaming of running your own business, but you’re at a loss for small business ideas, you’re not alone. Lots of people need a nudge in the right direction, and we’ve got some new business ideas. Here are seven business ideas for small businesses which work as freelance ideas, too. Many of them can be started from home without having to front lots of your savings. Plus, we’ve got tips on...
If you would also like to go for it and launch a startup yourself, you’ll need good ideas and a ton of organization. We’ve got some inspiration for both! How do you systematically approach the search for the next “big thing”? How have others written their success stories? And what should you consider when turning an idea into reality?
There’s incredible potential for business ideas online. Whether it’s providing services or homemade goods, making a living as an influencer or author, there is a market out there. If you’re toying with the idea of starting your own business but are struggling to come up with online business ideas, here are 15+ ideas that are usually very easy to implement (on a part-time basis).
Google Workspace or Microsoft 365? Both providers offer users a cloud platform with business-ready office and collaboration tools. The pricing is also in a similar ballpark. Entrepreneurs who want to centralize operational work processes with cloud-based applications are spoiled for choice. We compare the functional spectrum of both business solutions.
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 to minimize risks as part of a contingency plan. Find a business impact assessment template here.
Imposter syndrome can really take the wind out of your sails, and make you worry more about whether you’re equipped to do a job, rather than focusing on doing the job itself. Women are typically more affected by impostor syndrome than men. We’ll look at the reasons and some methods for how to deal with imposter syndrome.
Overcoming a setback can be more challenging than it sounds, but for the sake of professional development, it is worth knowing how to handle one. There are good methods for overcoming setbacks and we’ll take a look at a five-step approach in this article.
A financial analysis model is a tool to learn more about the current economic situation of the company and the development of the last months. But if you don’t want to leave the preparation of the report to an external party, you will be faced with the task of setting up your own, probably via Excel. Our financial analysis template has already got the most important elements integrated – and can...
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