If you would also like to go for it and launch a startup yourself, you’ll need good ideas and a ton of organization. We’ve got some inspiration for both! How do you systematically approach the search for the next “big thing”? How have others written their success stories? And...
Even when we don’t say anything, we communicate: Our body language is more or less consciously sending out signals to those around us. Gestures, expressions, and posture often share more than we’d like, including how we feel in a given situation. If you’re able to understand body...
“Agile working” is currently one of the biggest trends in the corporate world. It’s seen as the best way to master the challenges of digitalization. How does the agile approach work? What opportunities and risks does it involve? And what role will this hot topic play in the...
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...
Supply and demand determine pricing in a free market. Demand has an influence on supply and vice versa. With no demand, any supply is redundant, and with no supply, demand is ineffective. When they are in equilibrium, prices remain stable and goods are affordable. But how exactly...
Are you planning on setting up a side business and want to know how to go about it? Starting your own side business while working full time is a great way to minimize your financial risk. Test the waters, but first make sure you are legally registered and that you are even...
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...
Quality checks are some of the most important objectives for every management team. However, measures that are introduced for this purpose do not always contribute to achieving this objective. Anyone who adheres to ISO 9001, however, will optimize their quality management system according to international standards. You can make a good impression on the international stage with ISO 9001...
Constant increases in quality: That works best with ongoing, small improvements. CIP – the continuous improvement process – provides the right framework for this. Every employee should see it as their task to recommend improvements for their area of work. And that can be quite simple: Even reorganizing the workplace can have a great impact.
A financial analysis provides entrepreneurs with information on the current economic situation of their business. But the report is full of figures – you can lose track of things quite quickly. So what is a financial analysis? And how do you get to grips with it? What is the report actually good for? And can you also create one yourself?
Verbal communication isn’t the only factor that determines the success or failure of a conversation, but it plays a key role. You’ll achieve your goal more quickly if you can express yourself clearly and skillfully. You’ll also handle critical situations in your day-to-day work more effectively if you have targeted strategies for communication.
If you only pay attention to verbal language and ignore nonverbal communication, you’ll eventually encounter problems in your personal and professional life. How you understand other people ultimately depends not only on what they say, but how they say it. If you want others to perceive and understand you as you intend, you need to know how nonverbal communication works.
When the end is in sight, he moves out of the shadows: the liquidator! But don’t get too excited –there’s no superhero hiding behind this ominous title. So what is a liquidator? The short answer is: A liquidator is a competent professional who takes care of the liquidation and proper termination of a corporation or partnership.
Finding a company name has caused many a headache: How can you choose a name that’s compelling and imaginative, and at the same time succinctly describes your line of business? What’s more, it needs to comply with legal requirements. We explain how to choose an ideal business name and what you should keep in mind.
If you want to minimize the risks associated with organizational errors, damaging actions by senior employees or even just economic crime in your company, you do not want to leave anything to chance. An ICS - short for Internal Control System - establishes guidelines that enable the monitoring of operational processes. What does an ICS look like?
Microsoft Exchange is the leading collaboration software, which you can use to manage emails, appointments, and contacts. But it’s not the only software for that. If you’re looking for an Exchange alternative, there are a number of tools with a similar range of services, including free and open-source options. Just make sure to check that your chosen solution fits the IT infrastructure of your...
When a US government authority or department procures services or goods, it is required to allow private contractors to bid on projects. This allows any interested company to submit an application to secure a project contract. The legislation ensures that there are no unfair competitive advantages and that state taxes for government projects are used economically. But what types of tenders exist...
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