MLM stands for ‘multi-level marketing’. Companies that are considered MLM are usually small businesses that sell their products or services through a network of independent salespeople who are not directly employed by the company. MLM companies are also known as … Read More
Readers who regularly follow the latest financial news will undoubtedly have come across the term EBITDA. Yet, what is it and how is it calculated? Why is it important, who uses it and when is it useful? How is EBITDA … Read More
We live in a reality where scarcity and choice are everyday realities. An individual can not both spend the day at home and at work, earning an income. A business or an investor faces the same dilemma: in choosing to … Read More
Break even analysis is a method of determining the sales volume required for an item to be sold at a specified profit or loss. A break even analysis enables you to determine what price per unit you must sell an … Read More
A black swan event is something that happens without anyone expecting it and that has huge consequences. These events are characterized by their rarity and the sheer force of their impact. As far as the markets are concerned, negative black … Read More
Many people who are reading this have probably never heard of the term Dark Web. Even those who have heard about it will not necessarily know what it means. There are countless products and services that are changing hands on … Read More
Here’s something you probably haven’t considered as an aspiring tech entrepreneur. Why not test your grit by testing a simple business idea before tackling a complex one? What I mean is, try launching a local business that mows lawns or … Read More
Regardless of what type of business you own, sooner or later you will most likely need to find an accountant and find a lawyer. Situations like buying property, signing a lease on a new storefront or office, dealing with employees, … Read More
Generating new business ideas can be a fun or daunting exercise depending on who you ask. There are an infinite number of ideas out there to experiment. Some people get obsessed with their own business ideas and are able to … Read More
As an online consumer, we all at some point look over a business’ review history before deciding to complete an order for products or services. You may notice that sometimes the reviews seem either too positive or negative. For example, … Read More