There’s a principle in fraud prevention circles known as the 10-10-80 rule. According to the rule, 10% of employees will not steal under any circumstances, 10% will steal at any opportunity and 80% of employees will steal if they can rationalize the act.
Ways to Protect Your Business From Internal Fraud Read More »
True or false: Under pricing your product or service can hurt your bottom line and damage your brand. Answer: It depends.
Pricing: How Low Can … and Should … You Go? Read More »
Although a business owner spends a lot of time determining how to earn money, the bottom line is equally affected by limiting how much money is spent.
Money Saving Strategies Read More »
All it takes is one slip up and you have lost a customer. Here are 10 ways a business can make a mistake and lose a hard won relationship. If you recognize yourself, it is important to change right away.
10 Ways To Lose Customers Read More »
Transparency matters for a company’s culture, because it builds trust and stronger relationships between employees, management and the company itself.
Ways to Promote Transparency Read More »
Overlooking conflict among office personnel is like disregarding a strange noise from your vehicle engine – ignore it at your peril.
Office Personnel Conflicts: Ignore Them at Your Peril Read More »
Just when more customers and higher sales start translating into an increase in your income, a tsunami of financial paperwork engulfs you. It’s not fair!
Keep Your Sanity: Try These Accounting Tips Read More »
New companies often use fairly basic bookkeeping that entails shortcuts. However, to move to that next level, it’s essential to develop and maintain sound daily accounting practices; reliable accounting means profitable outcomes.
Four States of Knowledge Read More »
Success usually grows out of information and good experiences. Because businesses change over time, entrepreneurs must ensure that their practices are relevant to their operations. So consider some of these options.
Ideas to Boost your Business Read More »
The most important factor that lenders use in evaluating loans is the bank statements. The stronger the bank statements, the better the chance is in getting an approval. However, there are other factors that go into the lending decision.
Factors Lenders Use in Underwriting Loans Read More »
