Invoice Bazaar Blog

Views on SME Business

Why is it beneficial for businesses to make the employee separation process friendly and seamless?

By Invoice Bazaar | December 3, 2022

It is always a loss when a good employee leaves a business enterprise for any reason. Typically, the exit process, or offboarding..

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What is the impact of interest rate hikes on small businesses?

By Invoice Bazaar | November 29, 2022

Of late, interest rates have been rising across the world. On May 20, 2022, the UK-based Financial Management Centre stated that interest rates were at a 13-year high..

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What strategies can a small business adopt during a recession?

By Invoice Bazaar | November 26, 2022

To survive a recession, a small business must first be aware of its immediate, medium-term, and long-term impacts. They include..

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What key qualities and skills should the operations staff possess?

By Invoice Bazaar | November 24, 2022

In every business organization, the operations staff and managers are expected to carry out numerous tasks to ensure its smooth..

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How is an Employee Development Plan helpful to an organization?

By Invoice Bazaar | November 20, 2022

Many benefits accrue due to employee training and development. Businesses can boost their employees’ productivity, morale, and skills by investing in them. Furthermore..

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What should businesses do when planning their geographic expansion?

By Invoice Bazaar | November 18, 2022

When we talk of a business organization’s geographic expansion, we usually think of foraying into and establishing a foothold..

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What should businesses do if interest rates are expected to rise?

By Invoice Bazaar | November 13, 2022

Any rise in interest rates will adversely affect the borrowing power of business enterprises and constrict the inflow of cash from sales..

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Should you depute an army of your executives to attend meetings with clients or prospects?

By Invoice Bazaar | November 6, 2022

Client and prospect meetings can be of many types. There can be meetings with a single..

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Why do even large cash-rich organizations delay payments to their suppliers?

By Invoice Bazaar | November 4, 2022

It is understandable when cash-poor organizations delay payments to suppliers, but when cash-rich organizations are also seen..

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How can businesses make their procurement process efficient through digitalization?

By Invoice Bazaar | October 30, 2022

Digitalization of procurement processes brings a host of benefits to business enterprises, both direct and indirect..

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How can you identify and prevent burnout at work?

By Invoice Bazaar | October 26, 2022

The World Health Organization (WHO) recognizes burnout as an occupational phenomenon resulting from chronic workplace stress, which leads to reduced professional..

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Top three financial indicators about your business that everyone in your workplace should know

By Invoice Bazaar | October 24, 2022

When you think of financial performance indicators, many important ones will come to mind. Gross and net profit margins, current..

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