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Keeping your head above water in the business sector is challenging. But given our downed economy further complications can arise. For example, businesses often face piles of unpaid invoices and contracts sitting on a desk that collect months of dust, and usher debt to the business. In some cases this results in businesses struggling to make payroll or restock their inventory. At times like this, invoice factoring plays a role in advancing funds to businesses while collecting the debt owed to…

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Investing in a company car is a big move—you don’t want to pay for “more car than you need”, but at the same time you’ll want to make sure you get all the features needed to be productive while working on the road. For the most part, a company car is used for 3 main purposes: to deliver products, to transport clients or to be used as a mobile office. Thinking carefully about which vehicle will best suit your business needs is critical. A car is a big investment, and you…

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Whether you are a freelancer or run a small business, properly managing your bookkeeping is an absolute must. There is new and improved software and technology that is developed and released to the general public almost daily. In order to reduce our carbon footprint as much as possible, we need to utilize all that technology has to offer, including accounting software for small businesses. With so many quality options at our disposal, it is complete negligence to not utilize accounting…

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This article is based on the lessons I have learned from starting a web company over 3 years ago. We started with very little money and even less experience, a combination that you think would make us almost guaranteed to fail. In the early days, the joke between myself and my business partner was that I could barely send an email attachment and now here I am running a web company! It just goes to show that you can only learn so much from reading; the real knowledge comes from when you are…

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Starting a business can be a daunting endeavor, especially if all you have is a cool product and not enough capital. In the tech world, or in any other niche for that matter, most startuppers fail not because they have bad products but because they are unable to generate enough consumer interest in their products.  Considering overheads and other back-office expenses, this scenario doesn’t come as a surprise. So if you’re still starting out and find yourself strapped for much needed…

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Samsung produces some of the best smartphones in the world, which are superior to almost every phone on the market. Aside from the Apple iPhone, Samsung is the industry’s new standard. And while Samsung has pushed other Android hardware producers to the side, Apple still sells more smartphones than the Korean electronics entity in the United States. When the iPhone was introduced back in 2007 (it feels like we’ve been wrapped up in the Apple craze much longer), Apple created a product that…

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Cloud hosting has quickly become one of the most efficient, practical and effective solutions for hosting the websites of small businesses. The premier reason behind this is the fact that hosting a website in the cloud allows businesses to scale their hosting services to fit their budget and needs. Essentially, cloud hosting follows the SaaS or “software as a service” model which reduces IT costs by outsourcing the maintenance of hardware and software costs to the website host. Cloud…

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To date many businesses (especially, small and medium sized business owners) have used Outlook email services as a customer relationship management solution for their businesses. This practice is increasingly attracting comments and criticism from a section of industry experts, who argue that although certain features of a comprehensive CRM solution has been embedded in Outlook it can’t replace customer relationship management software as a complete customer contact management tool. This is…

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If you haven’t already noticed, time is getting scarcer nowadays. Some say there’s something about the earth’s magnetic field that causes a time shift. But the more obvious reason that perhaps doesn’t need any scientific explanation is the number of tasks a business or an individual is bombarded with every single day. Indeed, in this time and age where efficiency is big deal, NOT taking advantage of available productivity applications is a one-way ticket to Frustration Land, or in the…

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There are several elements involved when it comes to building a successful online business; from crafting your offer to having the right platform to marketing. One subject that is critical to the success of any small business, especially online, but that people rarely talk about is the subject of payment processing. When it comes to collecting payments on your business website, getting paid for information products or even paying your team of freelancers and consultants, what is the best…

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