When planning the finer details of your web store, rushing through your financial plan can lead to chaos. It’s important to be aware of how much money you need to spend, and only an extensive finance plan can provide the necessary security for the development of your web store....
Have you heard of SMART goals, but you’ve never used an organized and effective method for setting objectives? We’ll explain the advantages of SMART goals, how to use the technique for your personal and business goals and what to watch out for with this method. Because, like all...
Neuro-linguistic programming, NLP for short, is a collection of tools and models designed to facilitate and strengthen communication in various areas of life and work. The goal is to better understand oneself and others, and to make positive changes. We will tell you exactly what...
Whether you’re self-employed or employed – a growing number of professionals are working from home and many even set up a dedicated space to perform their job duties. To reduce any resulting financial burden, the costs for working from home can be deducted from your taxes....
Double-entry accounting or double-entry bookkeeping is an essential part of the accounting system. Lots of entrepreneurs have a hard time with bookkeeping, when in fact it should be an aid to you and provide a detailed overview of your finances. Double-entry accounting isn’t an...
Google Workspace or Microsoft 365? Both providers offer users a cloud platform with business-ready office and collaboration tools. The pricing is also in a similar ballpark. Entrepreneurs who want to centralize operational work processes with cloud-based applications are spoiled for choice. We compare the functional spectrum of both business solutions.
Constructive criticism is important, and in the majority of companies, the concept is well-known on paper. Yet too few companies manage to use their errors to drive success. We provide an overview of what constructive criticism means and how it can be achieved in the workplace.
A BIA or business impact analysis emphasizes the most important processes of your company that could threaten your normal business operations in case of a deficit or outage. These processes allow you to evaluate the consequences of a crisis more effectively and devise strategies to minimize risks as part of a contingency plan. Find a business impact assessment template here.
A financial analysis model is a tool to learn more about the current economic situation of the company and the development of the last months. But if you don’t want to leave the preparation of the report to an external party, you will be faced with the task of setting up your own, probably via Excel. Our financial analysis template has already got the most important elements integrated – and can...
When it comes to the annoying subject of inventory, any help is welcome. Having an inventory template as a practical download can make your work easier because a clear inventory list is one of the key elements of a successful inventory. Read on to find out what must be included in this list and how you can easily customize our inventory template using Excel.
Digitalization, Work 4.0, information society – buzzwords that show how the ways we work are changing. As a result of these developments, some traditional workplaces are losing their significance: Work can be done from anywhere with an internet connection. Setting up a home office is therefore an alternative that is becoming interesting for more and more employees and employers.
A growing number of employees are making a claim to work from their home office. Many employers are willing to facilitate flexible working rights for their employees to create the conditions for a better work-life balance. But do home office rights exist, or is there even a law governing work from home?
When planning the finer details of your web store, rushing through your financial plan can lead to chaos. It’s important to be aware of how much money you need to spend, and only an extensive finance plan can provide the necessary security for the development of your web store. But what expenses do you need to be aware of when setting up your web store?
How profitable is your investment? Net present value provides you with an answer to this question. You calculate it within the framework of a dynamic investment calculation method by discounting the surplus that is generated by the investment. We’ll explain how this actually works with the help of a step-by-step practical example.
Have you heard of SMART goals, but you’ve never used an organized and effective method for setting objectives? We’ll explain the advantages of SMART goals, how to use the technique for your personal and business goals and what to watch out for with this method. Because, like all methods, SMART goals also have their drawbacks.
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