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...
An interview is not an easy situation - neither for the applicants, nor for you as the employer, who ultimately decides who to accept and who to reject. If you have to conduct an interview, you should do it in such a way that you can get as detailed a picture of the candidate as...
In the party scene, you’ve probably heard of “BYOB“ or “Bring Your Own Beer” where guests are expected to bring whatever they want to drink. The term “BYOD” therefore also sounds quite positive. “Bring Your Own Device” means you have the comfort of working on your own laptop...
Good communication is one of the main pillars of productive work environments and this can only be created when colleagues talk to each other in a friendly, constructive way.A company can quickly become more successful than its competitors if everyone, from managing directors to...
Which is better, G suite or Office 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...
Nowadays, an elevator pitch rarely takes place in an actual elevator. But the fact remains that we often face situations in everyday life where we need to present ourselves in a brief and compelling way. Could you pique the interest of a potential employer or investor in under...
You’ve made it past the application process and the initial screening and you’ve been invited to an interview. It’s normal to be nervous, especially if you have limited experience in selling yourself. There are a few unwritten rules that apply for all interviews. As soon as you...
Mind maps are the preferred method of tapping into the creative power of the human brain for those with particularly intelligent minds. Usually, people simply reach for a pen and paper but are soon confronted with the limitations of these traditional tools. Digital mind mapping tools are the next step: presenting complex idea structures and concepts is not just faster and easier, the end result...
Anyone exporting goods must properly declare them for customs assessment. Whether the goods clear customs or not depends on this invoice. Sample shipments, gifts, or spare part deliveries within the warranty period are usually not invoiced to the recipient. However, you still have to issue a pro forma invoice. We explain what the invoice is all about.
The profitability forecast is part of the business plan and gives you and your investors an overview of your business ideas’ viability. Using an example scenario, we will show you how to prepare and objectively evaluate the profitability forecast. Nothing can stand in the way of your business success with proper financial planning.
How profitable is your investment? Net present value provides you with an answer to this question. You calculate it within the framework of a dynamic investment calculation method by discounting the surplus that is generated by the investment. We’ll explain how this actually works with the help of a step-by-step practical example.
You can use the EBIT margin to measure how profitable your business is and compare it with other companies. Unlike profit margins, taxes and returns don’t interfere with comparability in the EBIT margin. That’s why it’s an ideal value for international comparisons. It's also useful for comparing sectors. We explain how you can calculate the EBIT margin.
What does a tax consultant cost? The question arises quickly when the tax return is due or an external audit is imminent. In view of the complex tax-relevant circumstances, professional support is the logical consequence for many. To ensure that there is a happy ending when an invoice arrives at your house, you should first have an understanding of tax consultancy costs.
For every entrepreneur, calculating depreciation is an important task. But we must ask ourselves how the calculation of depreciation actually works, and what to look out for during the calculation process. These and many other questions will be answered with the aid of three examples, which will also clarify various depreciation methods and delineate the difference between imputed costs and other...
A limited partnership is an attractive business model for people looking to start a commercial sector enterprise. It enables shareholders to reap the successes of a business without having to participate in management. Under what circumstances can a limited partnership actually be formed? What should future shareholders bear in mind when setting up a limited partnership?
In order to properly finalize an annual financial statement, most corporations must include a profit and loss (P&L) account, which, as its name already suggests, breaks down their profits and losses for a given financial year. However, we must ask what a P&L statement should really look like. We explain the procedure surrounding P&L statements so that you stay on top of all laws, methods, and...
It is important to have an idea of your own company’s profitability. But looking only at the annual profit is often misleading. When it comes to EBIT, the annual net profit for income and expenses is adjusted through interest and taxes. This results in the so-called “operating result” – the key figure for success in normal business operations. We explain what EBIT is and how it is calculated.
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