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A workplace safety plan reduces injury and workers compensation claims

March 13, 2021March 13, 2021 Guest Author

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The right site safety program will reduce the frequency and even the severity of injuries. It shouldn’t come as a surprise to hear that there is a direct and very powerful link between workplace safety plans and the occurrence of injuries and workers’ compensation claims. Keeping employees safe is both an ethically and financially sound strategy for companies. Making sure that workers are safe at on the job goes well beyond being the right thing to do. It also makes a substantial amount of financial sense, meaning that it benefits…

Why You Should Use a Business Credit Card

March 12, 2021March 12, 2021 Guest Author

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Entrepreneurs as they start on their business, use their personal credit card for their business expenses. However, it is best to consider getting a business credit card to separate these two from one another. A good business credit card will help you garner many benefits when you use it once the business is thriving. Therefore, choose a business credit card that you use for just business purposes that is in your business name. Below are various reasons you should use a business credit card to help your business grow further. …

How to legally protect a business idea?

March 11, 2021June 10, 2021 Guest Author

Businesses and enterprises that do not comply with legal rules and regulations routinely find themselves embroiled in lawsuits. Legal challenges are common in the corporate arena, and the business sections of newspapers are brimming with unfortunate tales. Intellectual property and copyright infringement are increasingly common, which is why it’s crucial to protect your business idea. Have you done enough to protect your business idea, copyrights, patent, or trademark? In today’s world of innovation and invention, the intellectual property holds immense significance. It consists of intangible ideas, creativity, and knowledge pursuits.…

Keep Track Of Your Money With These Simple Bookkeeping Tips

February 22, 2021July 19, 2021 Guest Author

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Don’t fancy working with numbers and bookkeeping much? Consider cultivating these practices as growing pains you must bear to grow your brainchild. Plus, a strong accounting function can add tremendous value to all businesses, no matter the size of operations. According to financial experts, an entrepreneur’s financial literacy. Such knowledge of accounting concepts plays a critical role in determining their survival. Besides helping you understand your business’s cash position, bookkeeping lets you stay on top of tax deadlines, including filing for returns. Contrary to popular belief, bookkeeping doesn’t revolve around…

How Does Value Creation Ensure a Thriving Business

February 14, 2021February 12, 2021 Guest Author

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Modern-day businesses compete in highly competitive and volatile environments to acquire consumers and establish brand loyalty. All thriving companies have long histories of struggle and survival and resilience to rise above the noise and stand out. What differentiates a business from its competitors, mostly when the rival company is selling similar offerings? Value creation is a differentiating factor that allows every individual and organization to succeed by carving individuality. The art of creating value for its customers allows a business to establish its brand identity and engage its audience effectively.…

4 Ways Higher Education Helps Run A Business Successfully

February 13, 2021February 12, 2021 Guest Author

Upon the turn of the 20th century, society as we know it changed forever. With the industrial revolution having sown the roots of modern society, we saw significant transport, business, and education breakthroughs. Communities began to develop faster in the last two centuries than ever before. With the increasing need for labor, businesses flourished, and the free market came into existence. With this diversity in the industry came the freedom of choice in several avenues. One area of society that benefitted incredibly from the industrial revolution was the education sector. …

The Role of Accountants in Modern Business Organizations

February 12, 2021February 12, 2021 Guest Author

Becoming an accountant is one of the most popular and well-sought careers. Not surprising as accountants enjoy many benefits from managing bank accounts and different businesses. Accountants perform several roles, including keeping track of companies’ bank statements and making sure they have the relevant paperwork in hand to submit for taxation. However, in modern-day businesses, with everything, even accounting has shown a drastic change. Does the question remain how an accountant fits in this contemporary business operations? Roles of an Accountant in the Modern Society Accountants are known for handling…