One important piece of information that every business will want to have is how they are performing. One way to get this information is to consider the attrition rate – also known as the churn rate. This is a measure of how many customers leave within a certain time period along with the employee turnover as well. An easier way to describe this would be to say that the churn rate is the number of individuals who leave an enterprise within a certain time frame.

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We may not always realize it but our environment has a huge impact on our thoughts, feelings, and actions. It is now generally accepted that changing the environment of the individual will have a huge impact on their behavior. In the work environment there will always be a need to promote productivity. Humans are the most important resource that any company will have so it is vital to get the most from the. There is a lot of interest in how the work environment impacts productivity. One aspect of this is office temperature. Read the rest of this entry »

Economic crisis can lead to much human suffering but it is also when the economy tends to be most interesting. These global crises have happened more than once in the past and they are likely to happen again in the future. It is hoped that by understanding the mistakes of the past that we will be able to prevent them from occurring again in the future. There have been some great texts written on this topic. Here is the top 5 best global economic crisis books reviewed.

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People will usually have different types of income. For instance, they may have their salary and other money they get for providing services. For tax purposes it is necessary to declare not only your earned income but also you unearned income. There can be confusion though, about what this unearned income actually refers to. In simple terms this unearned money is any money that you have been paid but you have not yet earned. For example, if you have been paid money in advance for some service that is not yet complete then this would be considered to be unearned income. There are also other types of unearned income that we will consider below.

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Pyramid selling has developed a bit of a bad reputation over the years. Many experts view this type of business model as a type of scam. It needs to be said that some pyramid selling enterprises are better than others. By far the most well known and successful seller that uses this technique is Amway. This company was set up back in 1959 and is hugely successful. It currently employs about 13,000 people and makes about $9.2 billion each year in revenue.

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The words ‘slush fund’ have developed a very negative connotation over the years. This is largely due to the fact that such money is often associated with breaking the law. There have been plenty of sensational media stories where corrupt politicians or business people have had money hidden away in their slush fund. Although this type of set aside money is often viewed negatively there are actually some very legitimate reasons for why a business or organization might have such a fund. Read the rest of this entry »

Different financial instruments will have a face value. This is referred to as a notional amount or notional value. The word ‘notional’ means that something is just an idea and not a physical reality. The reason why we talk about a notional amount on a financial instrument is that it is an amount of money that doesn’t actually change hands. This numerical value is still important though, especially when it comes to calculating any payments that need to be made on a bond, future, or other derivative instrument.

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When it comes to obtaining a business loan there will usually be a number of options. In many cases a standard loan will not be suitable and some type of structured finance may be the best option. This type of loan is given based on the performance of the company in the past. This means that there is not the need to provide collateral in the same way as would be required with other types of loan. So long as the company can show a good cash flow in the past they can use this to secure the loan. Of course for it to be convincing to lenders this cash flow will need to have been consistent and enough to pay off any future repayments on the loan.

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