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10 Ways to Manage Your Small Business’ Finances

Strategy Driven

Starting a small business can be exciting and rewarding, but managing finances can be challenging. Many small business owners struggle to manage their financials, from keeping up with taxes to understanding the basics of investing. Proper management of your business’ finances can help ensure its long-term success.

Finance 113
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Finance Tips That Help Keep Your Startup on Track

Strategy Driven

Starting a new business is an exciting venture, but managing the finances of a startup can be challenging. Financial management is critical to the success and sustainability of any startup. This document outlines your business goals, target market, competitive landscape, and strategies for achieving your objectives.

Finance 104
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The Value of Value Chain Analysis in Transforming Your Business

N2Growth Blog

Because value chains are independent of existing organizational structures, staff and work locations, they are less intimidating to the management and staff that have a vested interest in maintaining the status quo. To close, once the value chains are defined for a business, each core business activity should be thoroughly documented.

Analysis 313
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Helping Your Loved Ones Do Volunteer Work Abroad

Strategy Driven

Financial Concerns You should also check if your loved ones can open a bank account in the country they’ll be assigned to. The bank account is helpful if they need additional funds for their stay. For instance, you can transfer money to a Philippine bank account if the family member is volunteering there.

Document 101
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How to source funds to expand your business

Strategy Driven

Bank loans. Bank loans remain the most common option for most businesses looking to expand. Bank loans provide medium to long-term finance for your business. You will need to provide some documentation about your business, a plan, and collateral to acquire one. Venture capitalists.

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4 Ways Modern Technology Is Improving ID Verification

Strategy Driven

It also improves the accuracy of scanning documents under poor or low lighting conditions. Initially, a company could dismiss a real ID due to poor or low lighting or wear and tear since these documents did not pass an authentication test. Identity verification is crucial for most business organizations such as banks to prevent fraud.

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Prestige Underpins Employee Perks

The Horizons Tracker

While employee perks may seem to be somewhat ubiquitous, research from the Kellogg School of Management at Northwestern University suggests that more prestigious organizations are more likely to offer such perks. Indeed, various surveys have shown that a lack of personal development is a major reason for leaving an employer.