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Your Guide to Direct & Channel Sales

In a world where business enterprises are constantly growing in number, it’s no surprise that the ways in which they sell their products and services differ as well. There are two main types of sales that are conducted throughout the world of commerce and trade: direct or indirect channel sales. Although the two terms are not very complicated and can be understood easily, both are rather different in nature.
What is Direct & Indirect Sale?
As aforementioned, the two terms are used on a broad perspective to define the method through which …

Business, Consumer, Headline »

5 Areas to Save Money In When You’re Starting a Small Business

If you’re starting a small business, you probably have limited funds available. Unless you’re lucky enough to be backed by a big corporation or by high profile angel investors, you have to watch every cent that you spend.
Therefore, every time you pay for something you’re going to be wondering whether you could have gotten it cheaper. Unfortunately, that’s not necessarily a healthy mindset. Instead of worrying about the important stuff, you get stuck in the nitty gritty.
However, there are areas where you can save that will free up money for …

Business, Headline »

Had A Career Break? Here’s How To Get Back Into Work

There are many reasons why people choose to take career breaks. It may have been a positive choice because you wanted to spend some time traveling or raising a young family. On the other hand, it may have been forced upon you by ill-health, bereavement or redundancy. Whatever the reasons for your break from work, there can be several barriers to you rejoining the workforce.
The top concerns are often a lack of confidence and worries about how your new career will impact other members of your family. If you have …

Business, Headline »

Importance of Accounting in Business

Accountancy is often described as a combination of science and art. It is a science because it is based on uniform rules that lead to precise and predictable results. Just as principles of physics don’t change irrespective of location or other factors, a valid accounting entry for the purchase of a business asset recognizing outflow of cash and ownership of the asset will be the same everywhere in the world.
Yet accountancy is not just about juggling numbers. It is the language that helps investors, shareholders, the government, and other stakeholders …

Business, Headline »

Communication Is the Key to Long Term Success in Business

If you really desire to build a successful business, you need excellent communication skills. Without these important skills, you can hope to build up a formidable infrastructure but you will still lack the “popular” touch that enables experts like Chris Pivik to work wonders in the vital area of consultancy. Of course, this is only one of the many assets and skills that you will need to climb your way to the top of the food chain. However, if you lack important communicative skills, you will need to do the …

Business, Headline »

[10 Jul 2017 | Comments Off on Minority Advantage in Small Startups | ]
Minority Advantage in Small Startups

When starting as an entrepreneur for a new startup it can be quite overwhelming. When starting as a minority it can add a whole another dimension to survival and other adaptations. However, when looking for funding it is definitely in your favor with many benefits.
Minorities and Socio-Economic Class
Your background can really benefit you in this area if you come from a low income area, a woman or single mother, or different race. Apparently minorities get a break in this area because research has told us that minorities simply do not …

Business, Headline »

[10 Jul 2017 | Comments Off on How to Consolidate Your Business Debt | ]
How to Consolidate Your Business Debt

If an unexpected cash flow problem occurs, it might put your business at risk of bankruptcy. Even if this does not happen, your ability to repay existing debt might be affected. As a business owner, you should try debt consolidation.
What is Debt Consolidation?
Simply put, it refers to taking out a single loan to pay off multiple high-interest loans. When you consolidate your debt, you will be replacing multiple payments with a single one. Aside from the convenience, debt consolidation allows you to reduce your interest payments and the timeline for …

Business, Headline »

[10 Jul 2017 | Comments Off on Things That You Need to Know About Small Business Loans | ]
Things That You Need to Know About Small Business Loans

Although small businesses drive the economy, many entrepreneurs find the lending process exasperating. Too often, growing businesses are shut out when they try to obtain loans for their small businesses. The SBA usually guarantees business loans through banks and you can borrow up to 5 million dollars.
The interest rate that you will receive on bank loans is lower than that of online loans. If you fail to qualify for a bank business loan, you should take out an online loan. It is ideal for businesses that need quick funding.
Here are …