Posts tagged business hacks
5 Risk-Managing Systems For Firms In New Industries

A business is as complex as a machine, with multiple moving parts and logical principles that keep it in motion. However, no machine is going to function for long without risk mitigation systems. A car without strong suspension is going to be at mercy of uneven roads, and a fire suppression system is nothing without multiple inputs from detecting mechanisms. As such, a business hoping to make headway in a newer industry needs to be the most risk-managed of all. That’s because not only do you have to contend with the very many risks of usual business operation, but also plan against those that aren’t visible yet. In this post, we’ll explore some basic principles and systems to put in place, guiding you through that process.

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Got A Small Business Cash Crunch? Try These Cash Flow Problem Fixes Now!

Every small business at some time starts to experience a lack of available cash into its coffers, through many causes –having too many product orders to fulfill, keeping employees’ salaries in line with inflation, needing to rent more office space, even keeping disgruntled clients and customers happy by offering discounts. What is the solution to these everyday business problems? You guessed it, regular cashflow - it’s the lifeblood of any business. We are looking into how you can quickly deal with the ebb and flow of cash into your business.

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