Every business is expected to follow certain rules and certain standards. Failure to comply with these rules and standards could have negative implications on your business. Below is a guide to making sure that your business is compliant. The dangers of non-compliance Some companies are able to get away with not following certain rules and standards. However, many companies can get caught out – a...

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When it comes to being in business, there will always be set priorities that we have. We all have different reasons for starting a company. For some it can be emotional reasons or to help others. To others it can be for financial gain or to create a legacy. Either way, when you are in business, you know that you need to be able to...

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Many new businesses face financial risks, which explains why 20% of new companies fail within two years. Additionally, 45% fail in five years and 65% within ten years. In effect, only 25% make it to the fifteenth year. However, research by Investopedia revealed that financial problems are a significant reason for business failure. Fortunately, you can save your business should you know the proper steps...

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If it’s time to make a choice about which path your career is heading down, it’s important that you think before you jump. For example, you might think that there is only one obvious choice, and that any other choice would be absurd. But, if you haven’t taken the time to seriously consider any other option, how do you know you’re heading down the path...

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Effective communication is a key ingredient in the success of any organization. Below are ways to improve business communication, reduce conflicts, and accomplish the business mission.