• Beauty and the Business. Photo by Startup Stock Photos. License: CC BY 4.0.
    Management

    Beauty and the Business: How to Compete and Thrive in the Salon Industry

    The beauty industry is one of the most competitive work forces in America. Many beauty professionals fail to learn the business management aspect of their salons – and this has led to the beauty industry yielding the second highest failure rate of any industry. To truly succeed in the beauty industry, there are four important tips that every salon owner needs to understand before they undertake such a big enterprise. 1. Never forget about social media. Every small business owner knows that social media is pivotal to a fledgling company. But beauty businesses have even more to gain from social media. Since they offer an aesthetic, utilizing the visual aspect of online…

  • Oracle Redwood City. Photo by King of Hearts. License: CC BY-SA 3.0.
    Business Tools

    Implementing Oracle Business Intelligence in the Right Way

    The Oracle Business Intelligence comprises of various set of tools that support the end users to access reports and analysis for decision making purposes. Now, what can be the different tools for implementing business intelligence (BI)? They are discussed in the following. KPI (Key Performance Indicators): These are the kind of indicators that are used to monitor the present status and then forecast and anticipate the future performance of the organization. They can be considered as the health indicators of the industry and a proper guide to performance management. Data Warehousing: DWH or data warehousing are often considered as the first step towards BI. It is the main pool of…

  • Production Planning
    Management

    What is Preventing Your Business from Prospering?

    While you might be convinced that your business is ticking away at its optimum rate, there are a number of things – probably happening right now – that are hampering your productivity and, as a result, your profitability. In turn, these things can add up to reduce your potential for expansion. Isolated, they might look like tiny little things that aren’t worth thinking about. However, add them up and you might be surprised to find out just how much time they’re eating into – time that could be better spent growing your business and enticing new customers. We’ve compiled the top five things you can do to get things really…

  • Money in the Hand
    Accounting,  Corporate Law,  Online Business

    The Effects Of Internet Sales Tax for Small Businesses

    The Internet has shrank the globe to the point that even the tiniest businesses can draw customers from every corner of the world. All you needed to have a successful online business was a reliable Internet connection, a Web site (or an eBay or Etsy store), a decent product, good marketing plan and a local post office. But the face of Internet marketing could be changing forever if legislation currently making its way through Congress requiring businesses to collect state and local taxes on Internet purchases is enacted. The United States Senate recently passed a bill that would require Internet retailers with more than $1 million in annual out-of-state sales…

  • Accounting Calculator Taxes
    Accounting

    The Benefits of Hiring an Accountant

    Whether you are a small business, self-employed or even just looking to cut a little aggravation out of your life, it is time for you to think about hiring an accountant. An accountant is someone who is meant to help you with your financial situation, and there are plenty of reasons to find a good one who will take on your accounts and with whom you can consult at least once a year at tax season. Even if money is a bit tight, take a moment to think about why you might want to hire an accountant for your own uses. Tax Breaks In many cases, a tax accountant can…