Have you ever asked yourself how much your business yields?
Surviving Isn’t Enough The past few years have not been easy for small and medium-sized businesses in Israel. There have been local and international economic crises, uncertain security situations, foreign exchange volatility, and credit lines from banks have become harder to come by. These factors combined have thrown many businesses into permanent survival mode […]
How to keep the business from crumbling down in times of Covid?
The global Covid 19 pandemic has caused a financial earthquake of at least 9 on the Richter scale. Within weeks of the outbreak, hundreds of thousands of business owners in Israel found themselves in distress due to a halt in operation or orders, immediately reflected in a sharp cut in revenues. Even in ordinary times, […]
10 Steps to Boost a Business
Behind every success story in the business world lie endless hours of hard work. And yet, despite putting in all these efforts, many businesses struggle to meet their obligations at the end of the month. We’ve summed up some guidelines that will take you from survival mode to healthy growth. 1. Know Your Numbers Many […]
Running a Business During a Recession
When the pie is growing, everyone gets a piece. But what happens when things get tough? How do you make money when everyone is cutting expenses? When a market is in recession, everyone hurts, jobs are lost, and it becomes extremely hard to start or develop a new business. Collective stress in such a tough […]
How to choose a business partner?
Do you want to bring a business partner into the business and do not know if the candidate you have chosen is right for the job? True, you should judge each case on its own merits, but there are several points to consider in picking a partner that suits you: 1. They bring capabilities that […]
You have a chance to acquire an existing business, but what criteria should you take into consideration?
Have you received a tempting offer to enter into a partnership or acquire an existing business? Before you jump in on the bargain, you should first examine all aspects of the deal and verify its viability. Do you truly understand the business? Often entrepreneurs set out on a venture without fully understanding the professional side […]
Salary Calculations – What is the true cost of employment?
Salary Calculations – What is the true cost of employment? Have you just hired a new employee? You will certainly wish them success. You will probably have agreed on a base salary or an hourly wage. These gross wages, however, are just the beginning of the real cost the company bears for the hiree. […]
The Basics You Should Know as an Employer
We’ve put together a practical check-list to bear in mind. Form 101 It is very important to fill out Form 101 and attach a copy of your ID. Employees must fill out Form 101 at the start of each year. Make sure all items are completed, especially D and E, and that the form […]
