Goodwill is the term used to describe the ‘good name’ gold ‘reputation’ earned by a business while trading. If a company provides good service to its clients, they are expected to return again and again to the services of that firm. This, in turn, is expected to have a positive impact on the company’s future
The fundamental building blocks of every business are Processes (procedures / policy), People (employees), Customers and Resources (ideas / capital). Leaders, who strengthen and understand each of these building blocks, build their business. Those who weaken or neglect these building blocks find themselves with declines in both their income and results. Believe it or not,
New to the accounting business? So you are probably not sure how much to charge for your services. This is business advice for bookkeepers and other consultants. When I started my bookkeeping business in 1999, so did I. Here are some tips on what to charge. One lesson I quickly learned is that EVERYONE wants
When we talk about the phone, Android instantly comes to mind, and we know that the Android platform is growing at a dizzying rate all over the world. Various updated phones that come with the Android platform. Over 500K Android apps for over 500 Android devices have flooded the Android market. To make the Android
In this article, we’ll look at some of the unscrupulous practices related to domain name registration, as well as some precautions to help protect you from being a victim. Front-end domain name execution This has been a people’s suspicion for a long time. It basically happens when people monitor the attempts of others to verify
Today, cash no longer rules the economy. Instead, people use credit cards to make and receive payments. Today, people use their credit cards to pay for a cup of coffee at a restaurant or cafe. Therefore, you can lose many customers if you are still receiving cash payments. In this article, we are going to
You should start a business credit profile and get a score with the initial providers. Start-up providers are the ones who will give you start-up credit even if you don’t have credit, score, or business line right now. Most stores like Staples will NOT give you initial credit, so don’t even try to apply. Here
Almost every day, I hear from people, or people, who feel like they have been scammed by someone who recruited them for some kind of business opportunity. While there are definitely scammers and some pretty bad scams, sometimes there is a bit more to it than that. The following story is my adaptation of a
Unpaid overtime cases arise under the Fair Labor Standards Act (“FLSA”), the federal law that generally provides for time and a half overtime pay. To win an unpaid overtime case, you must prove three (3) basic elements by preponderance of the evidence: (1) who was employed by the defendant during the time involved; (2) that
How to survive tough economic times without laying off employees. As a business owner or manager, for the past 18 months you have faced shrinking profit margins and fewer customers lining up to buy your “popular products or services” than previously thought. The question of how to survive these seemingly difficult times often leads to