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How to Calculate Customer Lifetime Value
To succeed as a subscription or recurring revenue enterprise, you need to adopt a customer-centered approach. Instead of focusing just on the acquisition of new business, you have to prioritize retaining and nurturing existing customers. This is because the digital transformation of business has greatly increased custo
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How To Get Better At Talking About Money
Male on phone outside working on his computer. Chase Chappell A recent study from Empower reports that 62% of people simply don’t talk about money.
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How to Handle Credit Card Debt When You're in Too Deep
If the typical American charged each of their credit cards to the limit, they would end up $30,365 in debt -- that's the average credit card limit in the U. S.
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How to use education benefits to create a more inclusive workplace
Attaining and developing appropriate skills is the key to growth within your career and your company. More than two-thirds of jobs will require some post-high-school learning by 2027 and employees who have degrees can expect as much as a 167% salary bump over those who do not. Yet employees in underrepresented demograp
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Rising Turnover? CFOs May Need To Update Their Management Playbook
A sudden exodus of skilled talent is the last thing an organization needs these days. Businesses must have all hands on deck if they are to accelerate the changes and innovations that will help them compete and move forward. Yet in many companies right now, turnover is exactly what’s happening. Are CFOs and other busin
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Three Ways Small Businesses Can Stay Secure andCompliant In A Distributed World
To help reach more customers and provide services remotely, now is the time for small businesses to increase their online presence. SaaS and low-cost
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Using A Solo 401(k) For The Soon-To-Retire Entrepreneur
The Roth IRA Peter Thiel used to amass billions in tax-free dollars has renewed interest in using tax-advantaged retirement plans as a means for accumulating wealth. What hangs up entrepreneurs is they don’t want to set aside wealth only to have it be taxed away. Whether you think of this as greed or good business, tax
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Why Evolving Your Business Right Now Is Critical
Humans don’t like change very much - this we know for sure. But in business, everything is constantly evolving because the industry is constantly evolving. Anyone who has wanted to cling to how things were will be in for a surprise this year, as COVID-19 entirely shifted the original paradigm. However, it’s also presen
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3 steps to greater FSA/HSA participation
The rapid spread of COVID-19 has emerged as one of the biggest health crises of our time, with plenty of uncertainty still to come. In response, many American families have turned to self-funded health care benefits like flexible spending accounts (FSAs) and health savings accounts (HSAs) to purchase over-the-counter m
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5 Steps to Creating a 3-5 Year Business Plan
The pandemic has highlighted the importance of having a strategic business plan that you can turn to when the unexpected happens. How do you get