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Don’t let anyone tell you otherwise: Accountability isn’t a business buzzword, nor is it an empty platitude. It’s an essential and roundly beneficial business tenet as evergreen as any high-level strategy. So, what exactly is accountability? In the ethical sense, accountability relates to responsibility and answerability. In an organizational sense, a business achieves accountability when it dedicates itself to honesty and liability, internally and externally. An accountable business doesn’t just pass the buck; instead, it…

Credit cards can be hugely beneficial to improve your financial situation, but only if you know how to use them properly. Making mistakes and using your credit card irresponsibly not only means that you’re failing to benefit fully from all that it can offer, but it can also lead to some issues down the road. To avoid this and get the most out of your credit card, follow these handy tips: 1. First and Foremost,…

Choosing the right business entity is one of the most crucial decisions entrepreneurs have to make. While you were doing your research you may have heard about the tax benefits that S-Corporations provide mainly because of how they are taxed. What are these benefits and how are S-Corporations taxed? We’ll cover all that in this post. You will learn everything there is to learn about how S-Corporations are taxed, and the pros and cons of…

Running a small business can be difficult, but with the correct funding in place, you can make sure your business thrives. From Merchant cash advances to equipment loans and credit cards, there is a solution for everyone. Read on to find out more about these finance options and ideas on how they could help you. Bank Loans Traditional bank loans can be helpful for businesses looking for financial help. They are common and the bank…

Though filing may be complex for first-time patent holders, there are three distinct patents you can choose between to streamline the process. Each license is designed for a specific type of protection, allowing you to select the best option for your company. Before filing, it’s wise to invest in patent searches to reduce the risk of rejection or an infringement charge. Experienced IP lawyers can conduct these searches for you as well as offer their…

It’s almost impossible to imagine our lives without the internet these days. It’s become such an integral part of how we operate that it’s hard to remember what life was like before it. That’s especially true when it comes to making money. The internet has opened up so many opportunities to earn an income from home, and there are more ways than ever to do it. If you’re searching for some cool ways to make…

A few years ago, Microsoft released an innovative platform to assist retailers with their business management. The platform was designed to meet the needs of different users who were looking for a platform on which to operate their websites. Ever since its release, the Microsoft eCommerce platform has continued to attract millions of users. If you are looking for a digital store platform that can help you take your business to the next level, here…

As the world moves further into the 21st century, technology continues to play an increasingly important role in our lives. Many people actually now rely on the internet for a variety of activities, including shopping, banking, and communicating with friends and family. In recent years, online industries have continued to grow at a rapid pace. Here are some of the sectors that are expected to experience the most growth in the future. E-commerce The e-commerce…

More than half of the new businesses fail within the first five years. Some companies lack effective leadership, whereas others suffer losses due to high expenditure. Increasing costs and declining sales are the common reasons why businesses fail. Entrepreneurs spend millions on office infrastructure, marketing, and recruitment without considering the profit potential. As crucial as increasing sales is, lowering expenses is equally essential, perhaps more important when achieving profitability. You have to trim overheads, cut…

If you want to start a new company, one of the most daunting tasks is building a community of support around you. This can be especially tricky if you’re not already plugged into the startup scene. However, there are lots of ways to get involved in the startup community, even if you’re not based in Silicon Valley. Here are a few ideas: Join Online Forums There are plenty of online forums and discussion groups dedicated…

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