Moneying articles focus on all aspects related to business finance, including budgeting, bookkeeping, pricing strategy, insurance, and more. Since you presumably went into business to make money, knowing how to manage it effectively will help keep you in business and move you toward the profitability you seek.
As a business owner, it’s your responsibility to ensure that your business is well fortified against heightened financial risk, but there are numerous elements which can jeopardize the standing of the business, such as poor record-keeping, the unbalanced distribution of supplier risk, and failing to keep up with trends. So how do you keep your business afloat? In this article, … [Read more...]
There isn't a one-size-fits-all method when it comes to billing type or frequency. This means it is important for you to choose the billing system that works best for your company and your industry as the right methods can keep your company financially healthy. Here are some ways that your industry can impact how your business should do billing. Annual Billing If you have an … [Read more...]
We borrow money for all sorts of things from buying a home or vehicle to paying for financial emergencies or special purchases. The demand for loans and other forms of finance is always high, and as such there are now lots of different products you can choose from to suit your needs. Whatever your circumstances or situation, you should be able to find a suitable loan for … [Read more...]
Organizing business accounts is an essential practice for any investment, irrespective of the size, and keeping your business accounting organized right from the start pauses a challenge. Accounting becomes difficult for your small business if you take it as tedious and intimidating, but spending time organizing the way you do your business accounting helps you save time. … [Read more...]
2020 is the year of challenges. A lot of people had to leave their jobs and spend almost half a year in their houses because of the pandemic, and a lot of them decided to look for additional sources of income. As you may know, different types of online trading are in demand now just because it is very convenient-- you can earn money with just the help of your laptop. One of … [Read more...]
As online business models continue to evolve, entrepreneurs are looking for new revenue models that will allow them to scale up operations faster, maximize profitability, and guarantee a successful exit. If you plan to launch your own digital startup, take a look at some of the revenue models below, and use them to your advantage in the competitive marketplace. The … [Read more...]
Saving money is essential for individuals as well as organizations as they can reinvest the money they save into other areas. An example of the benefits of saving money is that you will have additional finances that you can spend on the staff to keep them motivated and productive. You can offer bonuses or other incentives to keep employee participation at maximum. You can also … [Read more...]
If your shipping plan is not well developed, you may end up paying more for shipment and losing a lot of your profits. As such, service delivery in your business can be affected, causing you to lose some critical customers, and if your company does not request larger shipments, it can be hard for you to hire a logistics provider. Below are some of the ways you can save money … [Read more...]
Last week, PayPal announced two new vacancies that set the cryptocurrency world alight with rumors about the finance giant’s plans. These posts appeared in addition to the eight engineering roles already advertised for its Blockchain Research Groups in San Jose and Singapore. Sources quoted in the media say that PayPal is looking to move forward with Bitcoin buying and selling … [Read more...]
The competition in the hospitality industry is getting fiercer by the day, causing hoteliers to consistently come up with new and innovative ways to increase hotel revenue. To make it easier for you, we have put together some fool-proof strategies that will help you get an edge in the hotel industry. Read on. Use Revenue Management Software The first tip is to use AI-driven … [Read more...]
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