Operating costs are the expenses necessary to run a business or maintain assets. These costs include expenses like rent, utilities, salaries, and equipment maintenance. Operating costs are essential for day-to-day operations and are subtracted from revenue to calculate a business’s profitability.
As a small business owner, you've invested a lot into your ideas – so much so that having new employees sign non-compete agreements seems almost second nature.
For most people, a point will come in their career where presentations are expected of them. To some, this will be an opportunity to show off their elocutionary skills, whereas for others it will be a nervous nightmare.
No matter your opinion on them, online reviews are crucial for any business. According to surveys, 90 percent of people are influenced by positive reviews, 86 percent are influenced by negative reviews, and 79 percent of consumers trust online reviews as much as personal recommendations.
Many solo entrepreneurs and small business owners choose to work from home to save money. However, this may not be the best option for those looking to take advantage of the benefits a physical office can offer.
For decades, the majority of startup culture seemed to focus on the activities of businesses based in Silicon Valley. From Listia to Evernote, Silicon Valley is a hotbed for some of the today's most popular tech companies.
No entrepreneur has ever achieved success without first developing a successful mindset. This mindset builds character, forms positive habits and can eventually help you create success.
Whether you're renting consistent office space or utilize the services of a virtual office, neglecting your office environment is a mistake.
When you cannot be around a phone 24/7, but you also don't want to miss an important call from a client, how can you find a happy medium? No customer wants to hear a machine pick up their call and ask them to leave a message.
