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A very important part of being a business owner is decision making. Everyday, you’re faced with simple and complex decisions to make. Let’s say you own a store of home supplies. An example of a simple choice to make is whether to allow an employee to go on leave since all you need to check is if there’s someone who can pitch in for...
Every good company needs a business plan – almost everyone that gets into business realizes this sooner or later. What most of them don’t always pick up on is that the plan itself needs to be, well, planned.
No, this doesn’t mean that the Canada pharmacy must have a formally laid-out document, down to the Roman numerals, Arabic numerals,...
Filed in: business start-up
Physics defines inertia as “the resistance of any physical object to a change in its state of motion or rest.” For those who prefer it phrased differently, it is Newton’s second law of motion: objects at rest tend to stay at rest. Momentum, on the other hand, is a related concept that is summed up as the tendency to an object in motion...
Filed in: Business
In most parts of the world, there will be families that can be called “old rich.” These are the families that have had money for generations and make it an inter-generational habit to spend their money wisely. One of the ways that they have for doing this is spending exorbitant amounts of cash on items they know will last for a very long...
Filed in: intelligent thoughts
Today, multi-level marketing or MLM is viewed in the same context as communism: while the concept looks good on paper, the reality is anything but.
However, there is a crucial difference between communism and this type of marketing. Communism, as an idea, is destined to fail. You simply can’t dictate the course of the free market, and you as a...
Filed in: Business
The 1960s was an era of unbridled optimism.
Before the rise of the hippies and the anti-war demonstrations, it seemed America could do anything. We had a young, energetic President in the White House, we trumped the Soviets during the Cuban Missile Crisis standoff, and the space race was in full swing. Old timers today who grew up in that decade wistfully...
Filed in: Business
If you have a bright new concept or an innovative idea, don’t be afraid to approach a big company and offer them your proposal. Be prepared to face people who may tend to dissuade you, as they are more likely to tell you that those topnotch company executives will never take interest in talking with you. Truth be told, now isn’t the right time to...
Filed in: business start-up
Everybody knows that Google and Facebook are THE number one in their respective fields. But aside from being the field’s top gun, they also have another thing in common. They were not the first one to enter into their respective fields. Before Google, there was already Yahoo (which used to be the number one search engine before). But before Yahoo,...
Filed in: Business
For centuries, businesses have been looking for the most convenient way to success. The idea of SEO is one of the best solutions that any company can think of. No wonder a lot of them resort to using this type of technology to boost sales and increase client base.
For a lot of businesses, success is not that easy to earn. It’s like going through a...
Filed in: Business
Business has taken different forms over the years. Gone are the days when your idea of business is one that has a regular office, employees that work in that office for eight hours and different departments taking care of anything and everything about the business itself and the people who work in it. Today, business could mean you as the owner, a few...
Filed in: Business