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5 Negotiating Tips for Construction Loan Financing

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If you’re in the commercial real estate business, you know it is extremely crucial to attract funding to your operations and sustain your cashflow. In order to grow your construction business steadily and expand your operations, you must explore opportunities to get construction loan financing. As a contractor, your options include a line of credit, bonding, and bank loans. However, you should be familiar with the best practices of negotiating a construction loan, which can…

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How to Host a Successful Corporate Event with a Small Budget: 7 Money-saving Tips

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Hosting a successful corporate event requires a great deal of planning, proper allocation of resources, choosing the best people for individual assignments, and, of course, a budget that offers you ample freedom to execute your ideas. However, you won’t necessarily get that freedom every time, which give you an opportunity to go creative and prove your event planning skills. Here are a few even planning best practices that can help you host an event with a…

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How to Plan Events Like a Pro: 4 Best Event Management Practices

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Event management is a stressful job. It requires a great deal of planning, coordination, and attention to detail to ensure everything goes just as planned. Those countless tasks, daunting deadlines and the growing expectations of your guests can take their toll on you, leaving you stressed out. It’s no wonder why Event Coordinator was rated as the 5th most stressful job in 2017 according to the Annual CareerCast.com 2017 report. To put this into perspective,…

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How to Benchmark Your Business and Improve Performance

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One of the vital aspects of running a successful business is to conduct a periodical assessment of your business by comparing your performance with your competitors. Even as you’re seeing steady growth in your business, it’s imperative to measure its performance against the industry standard in order to determine how well you’re doing and explore your growth potential. Also known as benchmarking, it’s a strategic approach to taking stock of your business and optimizing the…

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4 Goals Every Small Business Owner Should Set

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There is as much planning required to run a small business as there is to lead a healthy and happy life. This essentially means a small business owner must plan ahead of time and execute their plans well, and know how to strike the perfect balance between work and life in order lead a successful business. But, of course, it’s not as easy as it sounds – there are many obstacles in real life that…

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6 Reasons Why You Shouldn’t Mingle Small-Business and Personal Banking

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Starting a new company can throw many challenges at you. From registering a company to setting up space, startup entrepreneurs must answer quite a few questions before they set up their business. One of the most crucial decisions sole proprietors often encounter is whether they should open a separate business account or use their personal checking account to manage day-to-day business operations. A TD Bank Survey of small business owners conducted in 2015 revealed as…

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