Financial statements
Business Tips

3 Important Financial Statements Every Business Owner Should Know

Financial statements are formal records that present a company’s financial performance and position over a specific period. These statements are typically prepared by the company’s accounting department and are intended to provide information about the company’s financial health to various stakeholders, including investors, creditors, and regulators. Financial statement is a critical tool that provide business owners, investors, and other stakeholders…

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real estate investment trust
Business Tips

Investing in a Non-Traded REIT

Those looking to start investing in real estate but without millions of dollars to start should consider an investment vehicle known as a non-traded real estate investment trust (REIT). Pronounced “reet,” this special corporate structure can own, and operate, or develop income-generating real estate. Non-traded REIT Defined According to investment experts, a non-traded real estate investment trust enjoys tax benefits that save…

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Workplace severance plans
Business Tips

Workplace Severance Plans

What are workplace severance plans? Workplace severance plans are formal arrangements between employers and employees in the event of termination of employment. These plans provide financial assistance to employees, often as a lump sum payment, in order to help them transition to their next job. Severance plans ensure employers treat employees fairly, and may include additional benefits such as job…

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Business

5 Important Post-Covid Nightclub Reopening Tips 

Almost every industry has to face the adverse effect of the Covid-19 pandemic. As most of the countries initiated a lockdown period in order to stop the virus spread, the hospitality industry has to suffer the most.  Restaurants, hotels and nightclubs stayed closed for a long time to avoid gatherings. However, as everyone is recovering from the pandemic period, all…

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Business

5 Ways to Make Your Business Logistics More Efficient

An efficient logistics system is defined by how smoothly an enterprise conducts its operations. From goods transport to fleet management, warehousing to inventory control, handling of materials to fulfillment of orders, everything falls under logistics management. As a key component to running smooth operations, its performance affects both internal processes and relations with customers. Some experts believe that investing in…

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Business

How Customer Communication Management Has Changed

  Responding to the challenges that the pandemic has brought on to organizations worldwide has been nothing short of a struggle. Regardless if your organization is largely B2B or B2C centric, the landscape in which organizations communicate with their customers has become extremely important. Customer communication management (CCM) for many businesses has changed over the past year, primarily focusing on…

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Business Tips

How to Pick The Best Software For Your Business? 

                      Everyone wants to use business technologies to make their business better to some degree. Good technology can be the difference between an efficient company and an inefficient one. It can save you time, money, and effort if used correctly. With countless business apps/software now available, it can be quite…

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