All Posts in "NEW BUSINESS MATH"

Are You Running a Business or Just Created a Job for Yourself?

I met using a potential client earlier this week and that he tells me that he feels as though he’s on a hamster wheel, but if he gets off his business won’t survive. At that point I remembered a write-up I read years back that asked the question; “have you been running a business or perhaps you have created a project for yourself?”

The difference is probably not obvious, but your answer is likely to make a significant difference in the way you operate your small business. Question! What will happen to your small business if you had to leave for a few months? Will your business still generate revenue?

Will your company survive?

I’ve arrived at the outcome that you can’t say you have a business unless you can let it rest for several months as well as the sales carry on and come in. So I ask you, … READ MORE ...

Sofia Benjamin by — May 24, 2020 in Outsourcing Business Calculations
Are You Building Your Wealth? Or Foolishly Wasting It?

If you happen to be linked to a small company that is certainly operating as a corporation or perhaps a limited liability company, have you considered the dangerous wealth loss implications and lethal asset destruction potentials of letting owners, directors, officers or managers (entity “actors”) of these business entities, because they operate it, to foolishly stray from the path of rectitude that normally results in effective asset development and wealth protection?

Trouble spots that can defeat personal wealth accumulation will truly develop along that path when those “actors” slip into improper groups of activities.

The following list consists of examples from your large domain:

failing to get and look after business financial records diversion of business funds to non-business purposes failure to adequately capitalize the organization acting without appropriate authority in the business failure to hold required and/or sensibly appropriate business conferences using business assets as a personal property using … READ MORE ...

Sofia Benjamin by — May 22, 2020 in Finance Business
Tips to Optimize B2B Trade

A B2B trade e-marketplace is an online trade portal that can bring together sellers and buyers around the world over a common platform. Trade portals act as a powerful way to obtain an audience that is trying to find specific products. Sellers can develop their profiles and look after an online product catalog that’s readily available. Hence, they can promote their products and services over a global scale. Buyers can post buying inquiries for top-level deals for specific products from certified sellers.

However, success on B2B trade portals depends upon optimizing crucial aspects such as product descriptions, pricing, credentials, and content. The nature of buyers and features provided by B2B trade also affects the promotion and sale of merchandise. Hence, B2B traders need to be aware of the nature of e-marketplaces to derive maximum benefits.

Mentioned listed here are some suggestions that will help B2B marketers to fully exploit the … READ MORE ...

Sofia Benjamin by — April 25, 2020 in Outsourcing Business Calculations
Outsourcing Call Centers – How To Get Value For Your Money

Outsourcing Call Centers - How To Get Value For Your Money

Business is in the process of going global. There is an increasing need to reach large global markets even when sitting in one corner of the world. This means that businesses must have the bandwidth, training, and resources to provide seamless, seamless service to customers spread all over the world. For most companies, this is not possible. In addition, the current economy demands that businesses cut costs to stay ahead of their competition.

The Most Effective and Efficient Way to Reduce Costs

Outsourcing work to the call center is the most effective and efficient way to reduce costs while providing quality service at all times. Outsourcing eliminates the stress and hassle associated with managing and operating an in-house call center. It also eliminates worries about rising equipment costs and recruiting more people. By outsourcing to help them, companies can focus on their core competencies. Overall, this is a simple solution … READ MORE ...

Sofia Benjamin by — January 25, 2020 in Financial Mathematics Topics
How to Fight Gossip at Work

How to Fight Gossip at Work

Gossip is one of the biggest negative causes and fights in any workplace. Gossip not only creates bad blood among employees but also wastes a lot of productive time. Offices affected by this bug can damage the atmosphere of the entire organization and reduce the morale of workers.

Rumors and gossip can make employees lack trust in others and can sabotage teamwork. Fake or excessive news can make people feel insecure and create uncomfortable situations. Often, innocent and hardworking workers fall victim to these rumors which can have a devastating effect on their careers and also the company.

One of the best ways to fight gossip is to stop it. Find the exact source of the rumor and put it out there. Rumors and rumors spread virally, eliminating it at its own source. When a colleague indulges a rumor with you find out his intentions. Did he benefit from spreading … READ MORE ...

Sofia Benjamin by — December 27, 2019 in Financial Mathematics Topics