Neuro-linguistic programming (NLP)?

Neuro-linguistic programming (NLP) explained

 

Neuro-linguistic programming, NLP for short, is a collection of tools and models designed to facilitate and strengthen communication in various areas of life and work. The goal is to better understand oneself and others, and to make positive changes. We will tell you exactly what...

 

Cost of sales method

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...

 

SMART goals

How to achieve more by setting SMART goals

 

Have you heard of SMART goals, but you’ve never used an organized and effective method for setting objectives? We’ll explain the advantages of SMART goals, how to use the technique for your personal and business goals and what to watch out for with this method. Because, like all...

 

Skype Interview

Skype Interview Tips: How to Prepare for a Skype Interview

 

A Skype interview can be a perfect solution in a world of work that’s increasingly benefiting from employee mobility. However, it’s important that no personal habits sneak their way into a Skype interview with a future employer. If you consider all the technical and formal...

 

Setting up an online store: The basics

Setting up an online store: the basics

 

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...

 

Double-entry accounting, explained simply and briefly

Double-entry accounting simply explained

 

Double-entry accounting or double-entry bookkeeping is an essential part of the accounting system. Lots of entrepreneurs have a hard time with bookkeeping, when in fact it should be an aid to you and provide a detailed overview of your finances. Double-entry accounting isn’t an...

 

Crowdfunding

Crowdfunding

 

Crowdfunding is a way of raising funds for a project using an online campaign. It’s a popular way of financing, especially for private individuals and startups. Usually private individuals are addressed directly. Four main crowdfunding models have been established, which differ...

 

PESTEL analysis

It is important for companies to have an objective picture of their current market position when making strategic decisions. Analyzing your own business activities in comparison with the competition involves comparing your internal strengths and weaknesses with the opportunities and risks posed by micro- and macroeconomic environmental influences. These factors can be determined using PESTEL...

Fishbone diagram: Solving problems properly

Entrepreneurs face problems on a regular basis. However, in order not to postpone but instead to solve these problems, it is important to look not only at their effects but also at their causes. The fishbone diagram is a tool that helps to identify causes of a problem in a structured way. We explain the principle of this cause-effect diagram.

Questioning Techniques: How to Get the Answers You Need

For many, asking other people questions can take a lot of effort. But those who succeed in finding the ideal mix of attentive listening, showing interest, and questioning at the right times can also benefit professionally. The deliberate use of questioning techniques also helps you to promote communication based on trust and find the optimal answers to relevant questions with your coworkers.

Time tracking systems: A comparison of different solutions

Obviously, work hours need to be accurately recorded. The question is how and with what tool? There are a variety of time tracking systems on the market with varying prices and functions. However, the right solution for you is not necessarily the one with the lowest price or the largest range of functions. The system needs to be the right fit for your company for everyone to benefit from it.

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 future? We provide an overview.

How to achieve more by setting SMART goals

Have you heard of SMART goals, but you’ve never used an organized and effective method for setting objectives? We’ll explain the advantages of SMART goals, how to use the technique for your personal and business goals and what to watch out for with this method. Because, like all methods, SMART goals also have their drawbacks.

Price Elasticity of Demand – An Important Indicator for Companies

If the price of a product is increased or decreased, this has an impact on demand. The price elasticity of demand indicates how strong this impact is. It shows whether the demand for a product or service is elastic (fluctuating) or inelastic (stable) when the price changes. We explain how this value is calculated and provide an example.

Declaration of intent–what’s behind it?

Shopping for bread at the bakery, grabbing coffee at the subway station, ordering online: Every day, we get involved in legal transactions, and each time, we enter a declaration of intent. From a legal perspective, the process covers many different aspects. Which elements belong to a declaration of intent, and what types exist? We’ll explain the meaning of a declaration of intent with some...

Starting a business: entrepreneur vs business owner

Starting a business can be a dream come true for many entrepreneurs. Once you’ve decided on the right legal structure and told the IRS about your plans, you may think you’re ready to get going. But depending on the type of business you operate you may have to apply for a license or permit to sell goods or services. Here’s what you need to know.


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