Since Euclid’s rigorous analysis of the properties of ratios in 300 BC, financial ratio analysis has been a fashionable sport among creditors, investors and financial managers. However, very few owners and managers of small businesses rely on this very useful…
According to Catherine Rampell of the Washington Post, the IRS is so underfunded and ”undersystemitized” (emphasis mine), that “as of July 29, the IRS had a backlog of 10.2 million unprocessed individual returns.” And in today’s world of face-recognition, artificial…
A recent headline in the “New York Times” emphasized the rebounding of manufacturing in the US creating a scarcity in the labor market. As more fully explained in the IRS portal “Businesses hanging up their Help Wanted signs should be…
Linkedin the popular social media tool famous for showcasing a candidate’s resume has also proven very helpful in connecting nonprofits with potential donors. As Linkedin describes it more fully in their Nonprofit Section Linkedin encourages to “… discover tips, best…
Yes, the mission and vision statement of your organization is important. It will inspire your employees and express your values to your customers. It serves as a guide and a source of inspiration for the organization’s actions and decisions. The mission…
Measuring the business potential of your idea involves evaluating several key factors such as market size, target audience, competition, and the potential for growth and profitability. Here are some steps you can follow to measure the business potential of your…
Selling online has become a popular and convenient way for businesses and individuals to reach a global audience. Here are some steps to help you get started with selling online: Selling online can be a lucrative and rewarding experience, but…
Remember, a good business idea is not just about solving a problem, it’s about providing a solution that people are willing to pay for and that you can scale and grow over time. The decision to start a business is…