management
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Can a Business Be Profitable if it’s Ethical?
In business I hear many stories. The ones that mainly catch my attention are those of businesses not taking, let’s say, full responsibility or following contracts as they should. Examples could go between employers not paying full salaries, suppliers not completing a job or delaying reparations, companies offering vouchers if you refer them to a…
accounting, asset, bad debt, Business Adivce, cash flow, cost control, customer service, entrepeneur, expenses, financial literacy, freelancer, goals, investments, Profit and Loss, quality management, return on investment, risk and returnaccounting, budget, business, business advice, business processes, classification, compound interest, cost control, cost reduction, debt, dividends, expenditure, expenses, finance, financial knowledge, financial literacy, gearing, interests, investment, knowledge, loan, management, management consultancy, margin of safety, operations, profit or loss, stock, value -
Never Look at One Single Ratio
“This year we have grown 20% of sales compared to the previous year and we hit the 2 billion euro in revenue!”. I’m sure you have heard of this several times in one way to another. Companies that celebrate they made more sales, kept expenses under control or expanded to new markets. This sounds as…
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This time of the Year
Reaching the end of 2024. Many organisations take the time, if they haven’t already, to look at what went and not so well, appraising the performance of the company according to the goals they set to meet during the year, and review if changes need to be done, like removing objectives that no are no…
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When Chaos Reigns and Everything Seems Lost
It’s very early in the morning. 6:00 a.m., to be precise. I could barely sleep. The situation at the company is unbearable. Five years ago I decided to start my own business. I got a loan, bought computers, tools and other equipment for my workshop. Latest technology, with lots of features promising high levels of…