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We all love the idea of bonuses because “extra” or “free” stuff is incredibly hard to pass up. It’s the reason we get excited as consumers, and also why they intrigue us when considering a job offer.   However, bonuses come with a lot of caveats, too. Understanding how they work and why they’re provided in...

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Supply chain segmentation refers to a process where suppliers and customers are segmented into groups depending upon certain factors. Such segmentation allows supply chain management the ability to allocate resources appropriately to meet the needs of different supply chain segments. Supply chain segmentation is not new. In the 1980’s, Peter Kraljic developed a two-by-two matrix...

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SPAC vs IPO An initial public offering (IPO)- or stock market launch – is a type of public offering where shares of a private company are sold to institutional investors and retail (individual) investors for the first time; an IPO is underwritten by one or more investment banks, also known as the underwriting syndicate, and...

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What initially started out as a platform for communities to share their voices, celebrate life achievements, and connect with others, has now exploded into a new method for businesses to reach their customers. Without a doubt, every business joining the social media world hopes to gain traction and see immediate success from it, so what’s...

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Once their business reaches a peak of success in its core industry, many business owners look with enthusiasm to expand their brand into other industries. If this is how you feel at the moment, hear us out before proceeding. The Covid-19 pandemic and it’s counterparts have introduced new methods of working, living, and socializing; resulting...

Business Valuations

Earlier this month, we explored the unique ways in which the Covid-19 pandemic – and it’s government-related business assistance – now question the true valuation of a company. In the wake of today’s scandal related news, where the co-founder of a venture-backed startup has been charged with inflating the company’s revenue to convince investors to...

Cyberattacks have been flooding media headlines lately but have you notice the other headlines flooding media headlines?

Cyberattacks have been flooding media headlines lately – but have you noticed the other momentum fueled reports gaining rapid attention?  Possibly, these other, more ample headlines cover record funding rounds by companies aiming to protect against all of these cyberattacks. Startups in general have experienced a remarkable explosion in funding this year but cybersecurity seems...

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Technology continues to evolve at impressive speeds while dramatically enhancing our daily, school, and working lives. (and eliminating many professions in the process) Technological achievements we wouldn’t have thought possible in the past-self driving cars and personal computers in our hands- are standards for the newer generation. While it’s doubtful most of us would prefer...

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Gantt charts: how deep does your knowledge/experience of this project management tool go? A resource that heavily lies on the side of complexity, you may have some questions regarding this effective visual recourse. Questions along the lines of: What exactly is it? When should I be using them? How should I be creating them? First,...

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By now, it’s well proven that eating a nutritious lunch increases your productivity and improves your focus throughout the day; but did you know that where you eat can also directly effect your health? In America, a false misconception implies the notion that the more work you do the better, encouraging individuals eat their lunches...

  The role of middle managers aims to strengthen aspiring leaders with the eventual intent to launch them towards a dynamic role in senior management. To reinforce their abilities for destination success, this role should present new opportunities focused on educating while in a lower risk position. Unfortunately as the name implies, a middle stance-above...

Whether you acknowledge it or not, our competitors contribute to the detailed shape of our business. If there were no competition, there would be no drive towards improvement. We can ensure longevity by gathering opposing insight with an updated competitive analysis. Once you learn how to create a competitive analysis, you can actively grow by...

Generally, expert appraisers value businesses by considering three different methodologies: The Market Approach The Asset Approach The Income Approach The market approach-the rarest form-generally observes comparable sales in the market. The asset approach gains preference when a business voids ongoing concern-meaning the business is too new to support an asset-backed or income-based valuation, no longer...

Whether the company you lead and/or work for has extended the remote working process or not, facts reveal that a majority of companies are bringing back their workers to the workplace. Depending upon various contributing factors, you may feel enthusiastic to get back to the office or dread the whole idea. While some feel apprehension...

As a small to medium sized business owner, you frequently learn from your successes and personally develop from your mistakes; a fact of any business-you need money to sustain your business and allow further growth. While many small to medium sized businesses still find themselves repairing the damages left by mandatory shutdowns last year, a...

In your opinion, which particular skill sets an exceptional leader apart from an ordinary manager? Demonstrated and proven by a countless number of employee-directed surveys, the answer involves a more personal attribute-the ability to connect with your employees. With a national labor shortage reinforcing the conversation of burnout and an increasing rise of mental health...

For too far too long, discussions pertaining to mental health-primarily in the workplace-has been carelessly swept under the rug in fear of initiating awkward conversations and acknowledging a challenging issue. Currently, with a high percentage of America’s population still expected to work remotely and an unwavering economy questioning the lifespan of their job, mental health...

Largely created by the Covid-19 pandemic, present-day shifts in organizational trends accentuates how different leadership styles impact the effectiveness of your efforts. While several different leadership styles exist in today’s world, the most effective one directly depends on you and your team culture. Becoming a good leader requires a great deal of time, patience, and...

  Earlier this week, we addressed the serious matter of purchasing a franchise and included a practical checklist for you to complete before reaching for your wallet. Once you’ve COMPLETED this checklist and further notice overall weakness in your answers, we highly recommend that you go back to step 1 and re-do the work. If,...

The demand in the manufacturing world is hot. As ambushed businesses in this industry continue hustling to keep up with ever increasing demand, the slightest mistakes can incur significant costs in reparation. To maintain a continuous quality level of execution, each team member must adhere to their own designated responsibilities- and with many similarities surrounding...

Following a pandemic-driven period influencing the boom in today’s economy, many franchise-owner aspiring individuals are questioning how to best prepare to purchase one. While a few elements have shifted in light of the pandemic, the same crucial preliminaries still hold-it’s just a matter if you decide to do them. To better position you on a...

Sparked by the modern wave of entrepreneurship, more problem solving individuals are starting their own businesses than ever recorded-and with innumerable resources offered by the internet, this number is only growing! Stopping at nothing to improve the world, more people are advancing into the world with their fresh perspectives and eagerness to march with the...

Unlivable conditions, meager compensation, unpredictable hours, and zero advancement opportunities fuel the sharp spike of quitting retail workers across the country. While American workers are quitting their jobs in droves to pursue better opportunities, the retail industry continues to supersede any other sector in this resignation crusade. A tremendous-and still increasing-350,000 retail workers put in...