Tax is a Compulsory Payment
A tax is a compulsory payment made by citizens to the government. These funds are used for the common benefit of the people in a country. Unlike other types of payments, however, taxes have no direct quid pro quo. You…
Marketing Funnel Vs Sales Pipeline
A marketing funnel and a sales pipeline are two very different concepts. They have similar goals, but the marketing funnel is more important in many cases. Regardless of which type of business you are in, you should understand how each…
The Importance of Financial Literacy
The term “financial literacy” has many definitions. For example, it means being able to manage your debt responsibly and understand how credit and investment products work. As a matter of fact, there are several basic steps you can take to…
Online Business Ideas For Flexibility and Independence
Creating and selling digital products is an excellent way to generate passive income. These types of products do not require manufacturing and can be sold anywhere. All you need is creativity and expertise. And they usually only require a small…
How to Implement a Startup
The first step in implementing a startup is to create a business plan. This document should include information about the company itself, its legal structure, the expert team that will be working on the project, any extra resources and arguments…
The Startup Business Model
A startup’s growth is limited to a few key variables, which include its market size and scalability. Many startups fail because their owners were so fixated on the product that they failed to notice the needs of the market. Entrepreneurs…
The Four Cardinal Principles of Taxation
Taxation is a symbiotic relationship between the state and its citizens. In return for a monetary contribution, a taxpayer enjoys a host of general benefits and protection. This is the most basic principle of taxation. The burden of taxation shifts…
Tax is a Compulsory Payment
A tax is a compulsory payment made by citizens to the government. These funds are used for the common benefit of the people in a country. Unlike other types of payments, however, taxes have no direct quid pro quo. You…
Steps to Creating a Marketing Strategy
A marketing strategy is vital for a successful business. A good strategy is based on deep customer knowledge, clear value proposition, and recognizable branding and messaging. Often, businesses take a simplistic approach to marketing and assume that they can create…
Types of Finance
One of the major elements in the strength of a business is adequate working capital. In order to achieve this goal, many companies apply for external financing, or debt, from other businesses. This form of financing offers loans that can…
