Blog


Jan

09

2020
How to Create a Competitive Advantage

How to Create a Competitive Advantage

A competitive advantage is a special advantage that you have over your competitors, which helps to increase sales or attract customers. It essentially is the thing all business are looking to develop when in a highly competitive market. Finding that one competitive advantage is fairly simple, so today we will go over what you can do to, to help find that advantage. Study Your Competitors...

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Jan

08

2020
How to Reach Mutual Cultural Understanding in International Business

How to Reach Mutual Cultural Understanding in International Business

Cultural understanding is an aspect of international business which really isn’t “business.” Its more of a understanding which helps to improve relationships between you and your foreign counterparts. This is important in countries such as Japan, where going out with your coworkers after work to a bar is a common occurrence. By understanding the cultural aspects of the country you are working in, it will...

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Jan

07

2020
How to Motivate Employees Without Spending Money

How to Motivate Employees Without Spending Money

When we think of ways to motivate people, the first thing that comes to mind is to pay them extra to do the job. For the most part that’s a great way to motivate someone, but when tasks are complex and difficult, some extra cash won’t get people to complete the task. Today we will go over some ways you can motivate your employees without...

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Jan

06

2020
4 Strategies That Companys Can Use to Enter a Foreign Market

4 Strategies That Companys Can Use to Enter a Foreign Market

Entering a foreign market is a big step for any company because you quite literally are stepping into the unknown. Opening up a store in a new country is not the only way of stepping into a new country. Today we will discuss the 4 different methods a company can use to enter a foreign market. Exportation into a Foreign Market Exporting is a great...

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Jan

03

2020
FIFO Vs LIFO: The Basics on These Two Inventory Valuation Methods

FIFO Vs LIFO: The Basics on These Two Inventory Valuation Methods

Keeping track and valuating your inventory is a must for any company. In the US, we value inventory both at the beginning and end of the year. To do this, company’s mainly use either the FIFO method (first in, first out) or the LIFO method (last in, first out). Each method has different implications for your company, so today we will compare the two to...

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Jan

02

2020
Deciding on the Right Staffing Policy for a Multinational Enterprise

Deciding on the Right Staffing Policy for a Multinational Enterprise

Multinational enterprises or MNE’s are complex organizations, since they are global entities. Choosing the right staffing policy for your MNE is critical for your MNE to have success on the global stage. Today we will go over the ethnocentric staffing policy, polycentric policy, and the geocentric policy, which can help you decide which is the best approach for your MNE. Ethnocentric Staffing Policy By definition,...

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Dec

30

2019
Tips From Interim Executives on How to Use Body Language to Positively Impact Your Interview

Tips From Interim Executives on How to Use Body Language to Positively Impact Your Interview

When communicating with someone, its not just the words that are important. The listener also pays attention to your gestures, your tone, and your body language. By portraying things such as your body language in a negative way, then important conversations, such as an interview may not go your way, even though your answers were perfect. Today we will go over some body language tips...

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Dec

27

2019
Tips to Help Improve Your Budgets

Tips to Help Improve Your Budgets

Budgets are an important tool for any entrepreneur if he/she wants a successful business. Budgets essentially outline a company’s expenses and income, thus its an important financial aspect of any company. Today we will go over some tips you can use to improve your budgeting skills. Set Goals for Your Budgets You need to be realistic when it comes to budgeting. Don’t set a budget...

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Dec

26

2019
The Different Types of Bonuses You Can Give to Your Employees

The Different Types of Bonuses You Can Give to Your Employees

Bonuses are a great way to not only create an incentive for employees to go above and beyond, but its also is a reward that can show your appreciation for your employees. Today we will go over some types of bonuses you can offer to your employees, that have been used by our interim executives. Overachievement For the most part, every year or every six...

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Dec

23

2019
How to Take Advantage of Seasonal Holidays

How to Take Advantage of Seasonal Holidays

Holidays are a time where people can have a justifiable excuse to actually buy things. People buy gifts during Christmas, eggs during Easter, candy for Halloween, and so on. Since people are spending, its important for business’s to take advantage of this uptake in sales. Today we will go over some tips from our interim executives on how to effectively take advantage of seasonal holidays...

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