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What is an Example of a Credit Policy?
When you deliver goods or services and you extend a business customer credit by accepting a promise to pay (accounts receivable) later through an invoice, then in a sense you are loaning your customers...
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What are Simple Ideas to Improve Your Business?
If you are in business long enough you will learn a few things about running a business. Over the years I have run a few businesses and have found the top ways to improve your business. Some of it may...
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Advanced Quality Management System Solutions Support
Developing an advanced ISO 9001 Quality Management System (QMS) requires a lot of effort to create a system, change employee behavior (management and workers), and obtain the desired results. Many...
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How to Use Your Supply Chain to Gain Competitive Advantage
In order to gain an advantage you need a competitive supply chain. Focusing too much on your own company leads to sub-optimization, which can hurt your teammates on your supply chain team and reduce...
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How to Identify and Improve Your Core Processes
How do you know where to begin? How can you identify a gap in one of your company’s core processes? The answer: Follow the Money Trail! But how do you follow the money trail, and what will that mean...
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Why Do You Audit?
Usually someone new to auditing is quite confused about the ISO 9001 audit process. I frequently get asked the question: What exactly is there to “audit” on an annual basis? Why Do You Audit? What is...
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How to Reduce The Break Even Point
Business success hinges on reducing the break-even point. Companies can use effective strategies to decrease this threshold and increase profitability. Let’s explore these methods now! How to reduce...
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How to Collect a Past Due Invoice
Collecting past due invoices is crucial for businesses. Delayed payments can disrupt operations, hinder growth, and lead to bad debt. Promptly addressing outstanding invoices shows professionalism and...
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What Are Key Performance Metrics KPIs for Business?
Have you been struggling to measure the success of your business? Do you feel overwhelmed by the abundance of data and metrics available? Fear not, as this article will guide you through the key...
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CIO IT Infrastructure Optimization
Attention all IT leaders, are you struggling to keep up with the ever-changing demands of technology in your organization? Do you find yourself constantly trying to optimize your IT infrastructure for...
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