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Small Business Articles

9 Options for Small Town Entrepreneurs

Living in a town with a small population presents a unique challenge to entrepreneurs. A narrow local market means the margin for error is greater than in centers of higher population. But a small town presents a great opportunity to form strong bonds with customers. The trick is to find out what business is suitable for the town. 3 Options…
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Business Dictionary’s Term of 2014 – Tax Inversion

Tax Inversions With a U.S. corporate tax rate of 39 percent — the highest in the developed world — many large corporations with their headquarters in the United States have considered a “tax inversion” also known as a “corporate inversion” as a way to reduce their tax burden. The concept is simple: find or establish a company in a country…
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Condo vs. Townhouse

One of the biggest financial decisions people make in their lives is when they decide to become a homeowner. For many, particularly in more urban environments, the choice becomes one of investing in a condo or a townhouse. The differences between the two types of residential property can be very important and have a big impact on your decision of…
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FedEx vs. UPS vs. USPS

For many businesses it can be a tough process to figure out which postal and delivery service you want to use for your business and which will best meet your needs. It can often be beneficial to pick one service if your business is a heavy user as all of the main providers have volume discounts and programs for businesses….
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Term Life Insurance vs. Whole Life Insurance

When choosing a life insurance policy two of the main types of plans available are term life insurance and whole life insurance. There are major differences between the two types of policies and this article will assist you with making the choice between term life insurance vs. whole life insurance. Term Life Insurance Term life insurance is a policy with…
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Capital Lease vs. Operating Lease

While leasing may seem like a relatively straight forward process, the accounting and tax treatment of leases can vary greatly depending on if a lease is considered to be capital or operating in nature. This article will help you understand the differences and the implications of classifying your lease as a capital lease vs. an operating lease. Capital Lease A…
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Total Quality Management’s Impact on Different Business Processes

Total Quality Management (TQM) is a competitive approach to long-term success that’s derived from a dedication to customer satisfaction. Within this system, every employee in a company endeavors to enhance the products, services and internal culture to produce a streamlined set of business processes that deliver an improved customer experience. Also commonly known as Quality Management in the United States,…
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Which Organizational Structure is Right for Your Business?

When setting up a new business, you should pay careful attention to designing your company’s organizational structure. This should be decided according to your company’s size, industry and aims. You should think of organizational structures as communication flowcharts. Poorly conceived organizational structures will result in sluggish, inefficient communication in which managers at various levels are required to deliver information to…
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