Understanding Direct and Indirect Cost in Business

For budgeting and accounting purposes, it is crucial not only to document your business expenses but to classify them properly. The distinction between “direct” and “indirect” costs may appear intuitive and self explanatory. While it is true neither word takes on a dramatically different meaning when categorizing the various costs of doing business, there is […]

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3 Ways to Build Loyalty with Millennial Customers

One of the top challenges for startups is more than just how to market their brand. It’s how to build customer loyalty, especially with millennials. Customer loyalty is a big deal. Companies invest millions of dollars to get loyal customers, customers who will repeatedly buy their products or services and generate more revenue and ROI […]

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How to Capitalize a Business

Capitalizing your business is a startup or business continuation move that can have long term effects on your company’s success. Funding startup expenses, inventory and operations is a challenge for many business owners. However, numerous options are available to entrepreneurs who are willing to consider both conventional and nontraditional ways to capitalize their businesses. Private […]

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Understanding Business Capitalization

Capitalization, in accounting, is when the costs to acquire an asset are expensed over the life of that asset rather than in the period it was incurred. In finance, capitalization is the sum of a corporation’s stock, long term debt, and retained earnings. Capitalization also refers to the number of outstanding shares multiplied by share price. […]

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The Entrepreneur and His Business

Being an entrepreneur takes guts and it does not matter if you are setting out on your own for the first time or have been maintaining your business for many years. Successfully managing a business is a scary but interesting experience.It is essential that you research and plan the growth of your business.Before taking action to grow […]

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