After introducing a product on the market, many companies tend to wonder how its sales will evolve in the future. Every product goes through the same stages. Once you understand the product life cycle stages, you can better plan your company’s operations. This model affects a wide range of business sectors. Ideally, you should be thinking about the product life cycle for marketing as well.
Having to conduct a meeting is a challenging, often underestimated task. Many workplace meetings fail because of unprepared participants or showboating colleagues who talk endlessly without getting to the point. But it doesn’t have to be this way, and learning how to conduct a meeting is easier than you might think. With these effective meeting tips, a little preparation, diplomatic moderating...
An association is the best way to join forces with like-minded people and pursue a common goal - provided you are not primarily interested in making a financial profit. In order to guarantee that your association functions in the long run, you’ll have to take a lot into account. How do you actually start an association in the UK? And what are the requirements for starting an association?
Getting Things Done (GTD) is a productivity and time management system that was developed in 2001 by David Allen and now has a large community of followers. What’s so special about the GTD method? You can apply it to all areas of life to prevent important to-dos from falling through the cracks. That being said, this time management method isn’t right for everyone.
When that time of year comes around when you have to file your tax returns, you’ll be faced with the question: What is my UTR? What about my NINO? What do these abbreviations even mean? It can sometimes be difficult to keep track of things. But don't worry, there are simple ways to find the right taxpayer number.
On average, HR spend four minutes on each application. That’s why you should make sure your curriculum vitae is setup in such a way that it’s easily skimmable – the best way to do this is with a tabular CV, which covers all your bases. With our free CV template, we’ll show you how to create this kind of CV and what contents HR look for.
Nowadays, an elevator pitch rarely takes place in an actual lift. But the fact remains that we often face situations in everyday life where we need to present ourselves in a brief and compelling way. Could you pique the interest of a potential employer or investor in under two minutes? Here's a guide on how to give a perfect elevator pitch.
Supply and demand determine pricing in a free market. Demand has an influence on supply and vice versa. With no demand, any supply is redundant, and with no supply, demand is ineffective. When they are in equilibrium, prices remain stable and goods are affordable. But how exactly does the law of supply and demand work?
ABC analysis identifies which goods or customers generate the most revenue. It assigns individual items to specific categories based on how much they contribute to the total value. This makes it easy to determine which items are very important and should be prioritised (category A) and which only contribute a small amount to the total value (category C).
Which business documents are subject to retention? Who is obligated to store them? 2 years, 6 years, 10 years: How long is long enough? The requirements for retaining commercial documents and their relevance to tax law can be confusing. We will guide you through the process and show you what needs to be kept by whom and for how long, as well as how to properly store business documents.