Business

Accrual Accounting: Why Your Business Might Need it More than You Think

For many business owners, especially those starting out, accounting is an afterthought. Revenue goes in, expenses go out, and the hope is that there’s something left at the end. But as companies grow, the need for accurate financial insight becomes not just helpful—it becomes essential. That’s where accrual accounting comes into play.

While cash-based accounting might work for freelancers or micro-businesses, accrual accounting offers a far more complete and forward-looking picture of your company’s financial health. In fact, many mid-sized and large enterprises are legally...

Liv Butler

Liv Butler

Posted:

Subscription box business models continue to thrive

As a result of the Covid-19 pandemic, nearly all non-essential brick and mortar businesses have had to shut their doors for nearly four months. In this environment, only businesses with a robust online presence have managed to survive, and even fewer have managed to thrive.

Even as the world returns to a ‘new normal’, with a relaxed lockdown in the coming weeks, it is clear that online sales will continue to be attractive to many consumers, due to both convenience and general safety.

Of course, online business models are nothing new. According to figures provided by...

Why Workwear? Looking Backwards to Show the Way Forwards

“Common sense is genius dressed in its working clothes.” - Ralph Waldo Emerson

Do you work in an industry where you are required to wear a uniform, workwear , every day? Do you like your daily work dress? Is it comfortable, or is it something you have to endure because it is part of the job requirements?

Are you interested in the history and origin of workwear? The raison d’etre behind the need to understand the origin, history, and principle behind the concept of wearing a daily uniform makes it less odious to bear. Also, it provides you with the required arsenal to...

How to Take Advantage of Lead Scoring for Your Business

Authored by David Banks
Posted: Sun, 06/21/2020 - 7:32pm

Lead scoring can play a crucial role in your business if structured and implemented properly. It is now considered one of the best marketing assets that a business can have. Being able to follow through with leads that have a high likelihood of conversion increases the sales performance of your business. Lead scoring is not just beneficial to sales, it can also play important roles in other aspects of business operations. Here, we’ll discuss some efficient ways of taking advantage of lead scoring for your business.

What is Lead Scoring?

Knowing your business asset by heart is a...

The future of work in Exeter - which way will it go?

Authored by Proteus
Posted: Sat, 06/20/2020 - 12:05pm

By Peter Totterdill, Director of Workplace Innovation Europe CLG

Comparative data published by the Centre for Cities reveals Exeter as a city of contrasts. It’s a fast-growing city both in terms of population and in housing stock. In fact, a growth table of 63 urban areas places the city third in the UK.

At first glance, the labour market seems healthy too. Exeter has full employment with 76.7% of working age adults in employment and only 1.5% registered as unemployed. Some 40% of working people have high level qualifications and only 4.3% have no formal qualifications at...

What type of life insurance should freelancers choose?

Authored by David Banks
Posted: Fri, 06/19/2020 - 9:51pm

The freelance lifestyle comes with a lot of independence. Creating a schedule that works for you is just the half of it.

It is this autonomy that makes freelancing very attractive to many people. You not only have the freedom to make crucial decisions, but you can also pick the clients you want to work with and your dress code (hello pyjamas).

However, like anything else, freelancing life comes with several drawbacks. For starters, you have to keep track of your money and bills and ensure your taxes and mortgages are paid on time. The most significant of these downsides...

Businesses! Make a Strong Comeback Post-Covid with Digital Marketing

Authored by neha.rathi
Posted: Wed, 06/17/2020 - 9:22am

It is without a doubt, we are in uncertain times. But as a business, it is how we act, when we act and how we prepare for the future that sets us apart from the rest.

“Being Challenged in Business is Inevitable, Being Defeated is Optional”

Keeping up with constant optimization now, means your business won’t have to fight your competitors back in search engine rankings. As they say, it’s never a bad thing to be too careful.

Sure, you don’t know when this will all be over, but on a positive note, we all are aware- this crisis will end and we encourage all...

Why you should learn to Code in Linux

When Linux 1.0 was released to the world amongst 25 years ago, its model of free and open-source software knocked down all of the walls that had previously been put in place by proprietary software giants such as Microsoft, in order to remain in control of the development and distribution of computer programs. With Linux being open-source software, it is also completely free of cost. This guide will run through the top 10 reasons why you, as a career professional, should learn Linux and how it compares with other open-source software. There is a common misconception that Linux is a...

2020 Online Marketing Strategies for Small Businesses

Authored by Sam Richards
Posted: Mon, 06/15/2020 - 10:09pm

Pre-pandemic, internet users were already around 4 billion, and during quarantine online shopping saw a huge surge. At the same time, many small businesses took a sharp hit. All indicators point to a permanent increase in e-shopping, or at least window-shopping. Whether your business is selling hi-tech gizmos or exciting and highly personalized gifts , everyone needs a digital marketing strategy. This is especially true for small businesses that usually don’t have outsize marketing budgets. Following are our best online marketing strategies for small businesses in 2020.

Beef Up Your...

Enterprise software that every business must have in 2020

2020 has changed the way business is conducted all over the world. With social distancing norms being enforced across the globe, the only businesses that are thriving are the ones that have smoothly transitioned to an online workspace.

With that said, making such a transition is no joke. Shifting from the habit of having your whole team physically present with you to exclusively communicating and collaborating online is a difficult task.

At the same time, many businesses are also realising the immense advantages of not having a workplace. If you want to count yourself...

Why You Need Personal Guarantee Liability For A Business Loan

Currently, many companies are facing financial problems. Getting a loan is one of the ways you can get financial help for your business. A business loan is a risk for the lender because the borrower might fail to repay the full amount. Therefore, before they approve your loan, a lender will take some steps to ensure that you repay the loan.

To minimize the risk, a lender needs to believe that the chances of you repaying the loan are high. Hence, most lenders will want proof that your business has a strong credit profile and is financially sound. Your lender may want to know...

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