With many services, it is common to first obtain and compare several cost estimates before making a final purchase decision. Writing a cost estimate has long been part of the daily routine for many business owners. In our guide, you will find out what you need to keep in mind, and you can download our practical cost estimate templates free of charge.
Risk management in accordance with ISO 31000 can ensure a company’s survival: Every organization frequently encounters danger factors – however, these don’t have to be a problem if you know how to deal with them. That is why many companies set up a risk management system, and the ISO 31000 standard provides a valuable tool for doing this. What does the international standard mean?
Many self-employed people and small and medium-sized enterprises (SMEs) have to manage their own accounts to schedule invoices and keep track of payments and payroll. Accounting apps deliver those services straight to your mobile device and enable you to work from your smartphone or tablet. Here, we introduce you to the best mobile accounting apps.
Hiring qualified employees is just half the battle. Engaging them effectively is the real challenge. Workforce management is intended to ensure that positions within a company are filled by the most qualified employees for them. It is also supposed to prevent bottlenecks or surplus within the company.
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 fulfill. It’s important to understand the risks and costs that could arise when you’re setting up a sole proprietorship.
Sole proprietorships are by far the most popular business form in the USA. Compared to other enterprise structures, the set-up costs are low and large financial reserves aren’t necessary. This structure makes it easy and uncomplicated to become self-employed. However, there are also drawbacks and risks that every founder should be aware of beforehand.
Only a satisfied customer comes back, uses your service, and guarantees a sale. However, the way to increase customer satisfaction is often unclear. Simply putting more money into the product can be just as financially detrimental as letting fate run its course. But there is help: the Kano method can give you tips on which areas are really worth investing in!
Starting a non-profit corporation can be a great way to give back to the community or support a cause you are passionate about. A growing number or start-ups are turning to this corporate structure because of its associated limited liability protection, tax exemption status and high degree of flexibility. But the charitable nature of the business has to be confirmed by the Internal Revenue...
Meetings that aren’t moderated often drift off-topic, leaving the important matters at hand overlooked. Moderation is therefore essential; there are a range of moderation techniques that enable you to avoid these situations. Conversation strategies help you keep meetings on course, prevent unnecessary discussions, and involve everyone present.
For social entrepreneurs and individuals looking to start-up their own social or charitable companies, choosing the right legal form for their business matters greatly. Registering as a non-profit corporation offers plenty of advantages including tax exemption, limited liabilities, access to grants and the prestige of a formal structure. But what exactly is a non-profit?