According to the US Small Business Association (SBA), a small business is a privately-owned and operated business with a small scale of trade and a small number of employees, depending on the industry. A small business can be an LLC, partnership, or sole proprietorship. There are...
A work-life balance involves a lot more than simply dividing working time and personal time equally. The concept is often viewed as a philosophy that determines many aspects of a person’s life. In order for it to succeed, both employers and employees must make an effort to create...
You’ve made it past the application process and the initial screening and you’ve been invited to an interview. It’s normal to be nervous, especially if you have limited experience in selling yourself. There are a few unwritten rules that apply for all interviews. As soon as you...
Keeping track of taxes in the US isn’t exactly a piece of cake. There are so many types of taxes that it’s difficult to know which ones apply to you and your business. If you don’t file your taxes correctly with the IRS, it could result in penalties, which could cost your...
Customer care is one of the corner stones of a successful company – whether you are running an online store or offering bank accounts. Even smaller companies can benefit from the use of CRM tools, which help to organize customer- or buyer data. These software systems automate and...
Before a business idea can be implemented, it is necessary to create a business plan. This serves as the founder’s roadmap, and summarizes all necessary information about planning and finances. However, the business plan is also highly relevant for investors as well as potential...
Would you like to write appealing job descriptions and identify the best candidates for certain positions? The first step in this process is to write a job profile. Profiles like these summarize the essential skills, abilities, and talents that an applicant should have in order to be able to successfully carry out the tasks required for the job. But how is a job profile created exactly?
Anyone who has sat through a few presentations in their life knows how the quality of a presentation can vary. This is due in part to the lecture’s topic, but also to the speaker, whose appearance and presentation skills have a considerable influence on the lecture’s success. Here, you can find out the details of what is important for presenting.
Would you like to work part-time as a self-employed person? You are not the only one. No wonder, as there are some advantages to owning a start-up, like minimizing your financial risk. Starting a part-time self-employed side gig is easy, but there are certain conditions to be observed. If you start your own business on a part-time basis, you will be faced with a number of considerations: How will...
In our fast-moving society, people often tend to tackle several projects and tasks at the same time, whether in their professional or private lives. However, to be able to complete all tasks properly and achieve goals that you’ve set for yourself, it is necessary to set priorities. The Eisenhower Matrix is a tool that can be used to prioritize tasks quickly and easily. Here we explain what makes...
Are time-consuming tasks interrupting your workflow and that of your employees? You can outsource routine tasks such as e-mail archiving, but also tasks which require a high degree of specialism, to external companies. This allows you to focus on your core competencies while at the same time saving costs. So, is outsourcing a workable strategy for your company?
A merging world requires international business structures. With Societas Europaea, the EU has created a form of enterprise that can be used throughout Europe. For companies that operate EU-wide, a European Company can have its advantages – but there are also disadvantages. We present the Societas Europaea and explain what is behind it.
All the risk, but all the freedom – this is one way you can describe being a general partner in a limited partnership. While the other shareholders are “only” reliable for their own capital contribution, the general partner is liable with their total assets. Being a general partner comes with additional special rights – they are the only ones entitled to manage and represent the company.
There are a number of very important tasks involved with starting your own business. In order to do these tasks justice, it is absolutely necessary to create a business plan. This should always be done in writing. But what are the contents of a buiness plan, what functions does it fulfill, and what is its structure like? We provide a complete overview for all prospective business founders.
Market research is an important procedure to advance a company or to make decisions as an entrepreneur. Customers and respondents play an important role, as their opinions are an important indicator of sales opportunities. It is crucial for the success of a company to examine the market at regular intervals. So, what does market research mean, and why is it so important for a company?
Do your customers usually purchase once with you and then never return? Then your Customer Satisfaction Score is perhaps too low. Put simply: your customers are not satisfied with the services your company provides. This could be because of the product quality, the ordering process, or the support. Customer satisfaction surveys help to discover where exactly the problem lies. We will advise you...
