Wednesday, May 8, 2024
Entrepreneurs aren’t the only ones who benefit when they start businesses. They create job opportunities, which is the most significant contributions they can make; but, certainly, this is not the only one. They have a unique kind of energy which inspires communities to turn their energies in some innovation and […]
If you are looking for ways to inspire your team towards innovation, you should begin by looking towards companies that have defined innovation programs that are successful. While your company may not be as large as these big-name companies, the general ideas behind their innovation programs can be applied to […]
If you need funding to start or grow your business, you need a business plan. However, a business plan alone will not assure funding. Your plan needs to be solid. And it needs to be better than the other plans investors or lenders are viewing. So how do you stand […]
Recent studies suggest that over 94% of new businesses fail to become successful during the first year of operation and over 96% within the first ten years of operation. One of the most common reasons behind this failure is lack of funding. Money serves as a primary component to fuel […]
The General Data Protection Regulation, or GDPR, is a European Union Regulation (2016/679) taking effect in all EU member states on the 25th of May 2018. It is a piece of legislation designed to address data protection for all EU citizens and everyone located in the EU. It will actually […]
Are you still using an excel sheet to maintain the records of your donors? In such a case inefficient data management can adversely affect the growth of the nonprofit. When the data input takes place manually it is difficult to update and make changes in the information. Instead of getting […]
For many years, Asset Based Lending was reserved only for large multi-million dollar companies but now, ABL is now being made available to companies that are small to medium sized companies, which can make these companies more competitive with the big guys. So, What is Asset Based Lending? Let’s get […]
It’s often said that more than half of new businesses fail during the first year. According to the Small Business Association (SBA), this isn’t necessarily true. The SBA states that only 30% of new businesses fail during the first two years of being open, 50% during the first five years […]
Every non-profit needs to host events all year around – the most important of all the events is the annual fundraising. For any event to be successful it should be able to grab the attention of the potential donors and promote the cause you are supporting. Hosting an event is […]
One of the greatest perpetrators of class division is education. If you aren’t privy to a good education, it’s much harder to get ahead in life than if you had a better education. That is why affluent schools typically have better graduation rates, and why those who graduate from those […]
Businesses can require finance for a range of purposes at any given time. It is important for you to know the various options of financing available for you and make a prudent choice. Do you need finance to pay for the everyday expenses of your business? Are you looking to […]
Technology has become one of the key elements in business. Increasing competition for customers and resources increase becomes more intense daily, making the use of technology in a company to be more important than any other factor in promoting business sustainability. Technology therefore needs to be at work in all […]