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...
A Skype interview can be a perfect solution in a world of work that’s increasingly benefiting from employee mobility. However, it’s important that no personal habits sneak their way into a Skype interview with a future employer. If you consider all the technical and formal...
If you’re planning to set up an online store, you have a lot to consider. Amongst other things, your checklist will include applying for a business license, developing a concept, and calculating your finances. But don’t despair! A host of webstore programs and optimization...
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...
Crowdfunding is a way of raising funds for a project using an online campaign. It’s a popular way of financing, especially for private individuals and startups. Usually private individuals are addressed directly. Four main crowdfunding models have been established, which differ...
Managing a company without having to take responsibility for your assets? This is possible with a limited liability company (LLC) and this is the reason that many business owners in the US choose this legal structure. We explain what an LLC is, its hierarchy, as well as naming some of the advantages and disadvantages of this kind of business structure.
Companies often work together despite being in competition with one another – in many fields and in many forms. The joint venture is one of these strategic cooperation models and enables cooperating companies to strengthen their joint presence in the global business world and to survive in a competition. But what does joint venture actually mean? What types of joint ventures are there? What are...
Brainstorming is a technique applied simultaneously by a group of people allowing to form numerous ideas on any given topic in a short time and at a high rate. Apart from the need to keep up with all the brainstorming rules, good preparation on part of the group host is also important, if the group is to achieve a maximum possible output from its members. Read our guide to find out what...
“Flat hierarchies” are a common refrain of many companies when it comes to recruiting. This means short chains of command, wide control spans, and democratic decision-making. This kind of a loose organizational structure has a reputation for motivating employees and therefore increasing their productivity. But not every company is suited to the concept. For more complex companies, it may be...
Are you a manager, leader or expert? Each of these guidance styles fulfils a particular purpose and should be used according to the situation. In order to lead to the best of your ability, and motivate your team to achieve goals, you should select and consistently adhere to a management style. Each type of leadership has its own strengths and weaknesses. Here, you can read what these are and when...
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