Tag: Resource
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Sustainable Business – How to Follow Global Standards
As global economic circumstances evolve, you must be ready to adapt your business, stay flexible, and remain competitive. A stable business is defined as one that can adjust to changes in the environment, maintain steady growth, and achieve sustainable results. This type of business focuses on long-term success and has strategies that make it resilient…
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Organizing Successful Fundraising Events
Organizing a fundraising event is a complex process that requires detailed planning, strategic communication, and effective execution. A successful fundraising event not only secures funds for a specific cause but also raises public awareness about the organization and its mission. Below are the key steps for organizing a successful fundraising event. 1. Defining the Goals…
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Essential Financial Tools for Running a Business
Effective financial management is crucial to the success of any business. Using the right financial tools enables entrepreneurs to plan budgets, track expenses and revenues, manage debt, and make informed business decisions. Below are the essential financial tools that can help in running a business. 1. Budgeting and PlanningBudgeting is the foundation of financial planning.…
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Flat-Rate Taxation: Advantages and Disadvantages
Starting an entrepreneurial business in Serbia can be challenging, but choosing flat-rate taxation often makes things significantly simpler. If you’re an entrepreneur in the IT sector, a designer, consultant, or provide any type of service, flat-rate taxation might be the right option for you. To make everything clear, let’s explain in detail what this model…
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Legal and Regulatory Issues for Entrepreneurs
Legal and regulatory issues form the foundation of every entrepreneurial initiative, as they define the framework within which a business develops and operates. Every entrepreneur must understand the legal context in which they operate in order to avoid potential problems, penalties, and obstacles that can negatively affect their activity. From the very beginning, the choice…
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Entrepreneur with Personal Salary Taxation
Starting an entrepreneurial business involves many decisions, and choosing the taxation model is certainly one of the most important. The “entrepreneur with personal salary” model is increasingly becoming the number one option for many who have outgrown lump-sum taxation or want a more transparent financial structure. If you work in the IT sector or provide…
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Negotiation Skills for Entrepreneurs
Negotiation is a key aspect of any business. Whether negotiating with suppliers, investors, partners, or employees, an entrepreneur’s ability to negotiate successfully can significantly impact the long-term success of a venture. Negotiation skills enable entrepreneurs to secure better terms, improve business relationships, and maximize value for their company. However, negotiation is a skill that requires…
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Applying Artificial Intelligence in Small Business Marketing
In today’s digital age, artificial intelligence (AI) is transforming the way businesses design and implement marketing campaigns. While AI tools were once reserved mainly for large companies with substantial budgets, they are now available to small businesses, allowing them to enhance their visibility, engage customers, and optimize marketing strategies with minimal resources.AI enables small businesses…
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The Psychology of Entrepreneurship // Understanding and Developing the Mindset of Successful Entrepreneurs
Entrepreneurship is not just an economic activity; it is a complex process that requires a specific mindset. Successful entrepreneurs are not only visionaries with innovative ideas but also individuals who possess mental strength, resilience, and the motivation to achieve their goals despite numerous challenges. Understanding the psychology of entrepreneurship can help both those who aspire…
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Developing Sustainable Business Models
Sustainability in business is becoming an increasingly important factor in modern entrepreneurship—not only for environmental reasons, but also for economic and social ones. Developing a sustainable business model involves integrating environmental, social, and economic principles in order to ensure long-term stability and competitiveness. In this article, we will examine in detail the concept of sustainable…