Over the years, business owners and accountants have used a lot of different accounting systems that resided on desktops or network systems and the data is stored on hard drives. Many business owners and accountants even prefer to store their data locally, on a laptop or other device. However, with current development in technology, many […]
Let’s talk about the importance of regular performance reviews. A monthly performance monitoring system is a routine and the systematic collection of data based on the work done by employees. Before you come up with your own system, it’s important to understand the terms associated with a performance monitoring system and its implications on […]
Everyone can use a mentor. Scratch that — as it turns out, we could all use fivementors.The best mentors can help us define and express our inner calling,” says Anthony Tjan, CEO of Boston venture capital firm.
Mentoring is a process for the informal transmission of knowledge, social capital, and the psychosocial support perceived by the recipient as relevant to work, career, or professional development; mentoring entails informal communication, usually face-to-
If I asked you, ‘what is business improvement?’, you might reply with something simple like ‘improving business performance’. This might include targeting ROI, cutting out business waste, or harnessing the latest tech innovations such as automation.
There is no denying that paper-based systems can get the job done. However, they are far from ideal. It is a painstakingly slow processes and prone to human errors.
Many businesses that appear profitable are forced to cease trading due to an inability to meet short-term obligations when they fall due. Successful #WorkingCapitalManagement is essential to remaining in business.
Are you thinking of launching your own business?
Many organizations are of the opinion that if they pay their employees on time then they have an efficient payroll process in place. However, payroll processing is probably the most complicated task for any organization. Complications with respect to tax regulations, compliance, and employee benefits can ruin the accuracy and timing of your payroll system. […]
Inventory management is the supervision of non-capitalized assets (inventory) and stock items.