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1,066 ViewsA run rate is a prediction for the next financial year. It is used to compare performance throughout the current and previous years. It is also a means of comparing the performance of different companies in the same industry. The run rate is calculated by taking the forecasted revenue for the next fiscal year […]
887 Views Employee recognition is a vital part of any organization’s success. By providing employees with opportunities to be recognized for their accomplishments, an organization is able to improve retention and morale. In addition, when employees feel valued and recognized, they have a greater sense of purpose with an improved outlook on life. A well-designed […]
966 ViewsTake a drive through the section of town where your local auto dealers tend to congregate. You will see half-empty lots with cars spaced out to make it look like there is sufficient inventory. But there isn’t. And it’s not just the auto industry. The current supply chain crisis is hitting everything from department […]
1,106 ViewsAll businesses have some seasonal patterns in their cash flows. This means that business will be greater in some months than other months. To help balance your cash flow during less busy periods, you can get a seasonal loan. Using a seasonal loan to cope with high season costs is a clever way to […]