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Faster, Better, Cheaper: The Assembly Line and Its Impact on the Manufacturing Sector

American industrialist Henry Ford is credited to have introduced the assembly line, but it has been the foundation of ancient civilizations. If you read the books, manual laborers and slaves from hundreds of years ago worked in a line, passing one component of a building to another. How do you think our forefathers built ancient …

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Small Businesses Should Pivot to Survive Another COVID-19 Lockdown

The COVID-19 pandemic has shown that, if countries are not careful, a second wave of infection more severe than the first is inevitable. France, Italy, the United Kingdom — places that seemingly had the virus under control after their first bout with the deadly disease — are again retreating back indoors and imposing a lockdown …

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Evaluate Business Opportunities The Smart Way

People often start spending money that they get from a windfall. But the best approach to handling a large amount of money coming your way is to invest it. While this sounds simple, there are many options out there. You will likely be asking yourself, “Should I invest in a lawn maintenance franchise, or should I …

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Socially Responsible Advertising: What Brands Can Do to Create a Positive Impact

In 2019, actor Jameela Jamill called out reality television star Kim Kardashian-West for an Instagram post that endorsed an appetite-suppressing lollipop. Jamill called Kardashian-West, who has over 191 million followers on the social media platform, a “terrible and toxic influence” on the young people who look up to her. That was not the first time …

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Starting Your Business While Dealing with Personal Debt

Starting a new business can be tough, but it is definitely more challenging if you’re struggling to pay off existing debt under your name. 2017 was when Americans were identified to have the largest outstanding revolving credit card debt in U.S. history, amounting to $1.021 trillion. Falling into debt can be a lot easier and happen …

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Should You Use Business Profit to Reinvest in Your Business or Pay Off Your Debt First?

Once your business starts making a profit, you will need to think of ways on how to make the best use of your earnings. If you already have an adequate rainy day fund and you’ve been paying yourself since day one, your other two options include reinvesting your profit or pay off any business debt …

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How to Safely Reopen Your Small Business

As states relax their restrictions and many businesses slowly begin reopening, there’s a host of new safety protocols and health guidelines that you’ll need to keep in mind as a business owner. Your prime concern should be prioritizing the health and safety of your staff and customers. If your small business is considering reopening soon, …

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