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The 5 Easiest Ways to Build Business Credit

Women on Business

Guest Post By: Meredith Wood, Community Manager (Learn more about Meredith at the end of this post). Cash flow is the lifeblood of any small business, and as any small business owner knows, it’s one of the hardest parts of a business to manage. Whatever you do, don’t operate your business on your personal credit.

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How Can You Manage Your Small Business Finances More Effectively Using Loans?

Strategy Driven

Also like other types of loans, a business owner’s credit rating can be a deciding factor in whether a loan is approved or not, and it impacts the interest rate of any loan as well. Using Loans to Automate Systems Automating repetitive operations can be important for saving you both time and money.

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Secure leadership for an insecure economy

Chartered Management Institute

Welcome to the insecure economy – and a whole new set of management challenges Jaroslav Chudej CMgr FCMI recalls a particularly alarming moment from his 20-plus year career in the hospitality sector. It also shows the degree of power that sits in the hands of untrained managers. Roles are often offered and operated via apps.

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What are the Best Working Capital Loan Options in 2019?

Strategy Driven

If you are operating a start-up, you may face problems with managing the cash flow of your business efficiently and may have to rely on working capital loans. Instead, they pay for the operational costs of a business and is a good indicator of the short-term health of the business.

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7 Ways to Improve Operations Without Sacrificing Worker Safety

Harvard Business Review

The culmination was an incident at an insecticide plant in LaPorte, Texas, where, as a result of a basic process safety management failure , an extremely toxic chemical—methyl mercaptan—was released and two workers were overcome. Improved operational performance will result in fewer injuries. ” It worked.

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Three Questions to Ask Your Advanced-Analytics Team

Harvard Business Review

Here's something that senior managers should keep in mind as they launch Big Data initiatives: Advanced analytics is mostly about finding relationships between different sets of data. Businesses operate in more spheres than ever — in-store, in-person, telephonic, web, mobile, and social channels. BIG DATA INSIGHT CENTER.

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Four Steps to Fixing Your Bad Data

Harvard Business Review

From falsified mortgage applications and bundles of toxic mortgages, to incorrect credit ratings and balance sheets that couldn't be trusted, the financial crisis is as much about bad data as it is about unfettered greed. But they don't manage them that way. to manage quality. You need a quality program that does so.