shutterstock_213224278_small

Top Five Countries to Invest in a Second Home

Owning a second property is a good long-term prospect for any savvy investor who is working on future-proofing their finances, or simply wants somewhere lovely and warm to retire to in the next few years and investing in another property is not – believe it or not – something that only the wildly rich do. There are many benefits that come with owning a second home, including creating a family home away from home that you can visit each year, having a place to retire to in the future when you’re ready, and reaping financial benefits by renting it out when it is unoccupied – to name a few – and these benefits are largely why more and more people are choosing to purchase another home. (more…)

SHARE:
shutterstock_145735376

Should a Startup Rent or Buy?

The question of whether a startup should buy or rent can be a tricky one. Both options have obvious advantages and disadvantages and there is no single answer. There are some ideas, though, that can be used as general guidelines.

For some businesses, the answer to this is an easy one. For example, a business might be historically connected with a specific location so it makes more sense to own a facility there. Other startups might profit from the fact that they can transfer quickly to another location and for them, renting makes more sense. (more…)

SHARE:
shutterstock_265835159_small

Starting a Business Debt-free: Benefits of Using 401(k) Business Financing

When it comes to small business financing options, it’s usually traditional funding methods that come to mind: working capital loans, SBA loans, business lines of credit, etc. But did you know an alternative option exists that’s allowed thousands of entrepreneurs to launch businesses debt-free? It’s called a Rollover for Business Start-up (ROBS), and it enables you to leverage your own retirement assets to buy a business without having to pay any tax penalties or get a loan. (more…)

SHARE:
shutterstock_135965453_small

Sales Management Tips For Your Business

A group of talented salespeople without effective sales management is like a football team without a head coach: the players will be on the field but only creating chaos. Midsized businesses often struggle with implementing a solid sales management process, perhaps because they have finally grown big enough and complex enough to need one. Here are the important fundamentals to keep in mind when developing the sales management function in your business: (more…)

SHARE:
shutterstock_174876020

How to Choose the Best Office Space for Your Business

When it comes to your business, office space isn’t just one of those things that fall under the heading ‘nice to have.’ Office space is a necessity. But the right office space? Means so much more. The right space will lend your business legitimacy, possibly even prestige. Its functionality can help your productivity, amenities will increase employee satisfaction, and the location could determine the ultimate success of your business.

With all that in mind, here are some tips for choosing the best office space for your business.  (more…)

SHARE:
shutterstock_105188483

How to Efficiently Deliver Client Presentations to Busy Executives Using a Mind Map

We have all been suffering from soporific presentations. So why annoy clients any longer with those dreary, monotone meetings? To be ahead of the pack, it needs more than traditional slides. A key to success can be the method of mind-mapping: Organizing information through visually prepared one-page depictions not only keeps the audience engaged; it also clarifies complex correlations and shows benefits and possible solutions in one spot. As mind-mapping pioneers, business consultants have gathered much experience in applying this brain-friendly way of presenting information. Any entrepreneur could learn from that. (more…)

SHARE:
shutterstock_251213686_small

How you can Improve the Consumer Experience

In the frenetic and constantly changing commercial world, it can be difficult to distinguish between business jargon and the strategic concepts that underpin a sustainable venture. The so-called ‘consumer experience’ is definitely an example of the latter, as this refers to the quality of interaction between brands and their customers and requires careful management if it is to drive long-term loyalty. (more…)

SHARE:
shutterstock_252125971_small

Printed Banners are Excellent Advertising Tools

Business managers around the world are always worrying about how to promote their firm. Excellent advertising is at the heart of any successful company. That is why this aspect of their work is crucial. When it comes to promotions, there are hundreds of different ways to go.

These days, there is a great emphasis on digital advertising and the benefits that come with it. While there are doubtless many advantages to this form of marketing, you should not rely on it alone. Let’s say you were a fisherman and you came across three ponds. What would you do? Would you try to catch fish in just one of the ponds and hope for the best? Or, would you set up nets in all three? The answer is obvious. Now, imagine those ponds were media forms. One is print media; one is digital media, and the last one is outdoor media. You need to set up strategies for each of these things if you want to get a mass customer base. (more…)

SHARE:
shutterstock_230526010

Does Your Small Business Have These Common Security Shortfalls?

Small businesses face a wide variety of challenges because of their limited resources. Any business owner who’s nearly missed payroll or taken out a new credit card to pay for surprise expenses knows that fact all too well.

However, there’s one area where business owners are starting to become increasingly vulnerable: security. Whether you’re a small brick-and-mortar retail shop or a white collar service business, security should be near the top of your priority list. (more…)

SHARE:
shutterstock_153117176

How to Wrangle Sales Tax When You Sell on Multiple Channels

It’s easier than ever these days for online sellers to sell products on multiple shopping carts and online marketplaces. But multichannel selling does add complexity to a business, and one administrative task that suffers is sales tax.

While I’m not saying sales tax is every simple, when you only sell on one channel you only have one report to pull and one set of numbers to wrangle into manageability. When you multiply that report, things start to get tricky. (more…)

SHARE: