Leader in Digital Business Development, Ecomm Manager and Marketing Specialist.
Table of Contents What are Implicit Costs? What are Explicit Costs? Accounting Profit vs. Economic Profit: What’s the Difference? How to Use Explicit Costs to Calculate Accounting Profit How to Use Implicit and Explicit Costs to Calculate Economic Profit Explicit vs. Implicit Costs FAQ What are Implicit Costs? Implicit costs, often referred to as opportunity […]
Table of Contents Khulan Davaadorj: The Catalyst Behind Lhamour The Birth of Mongolia’s First Organic Skincare Brand Building Community Over Business Creating an Ecosystem for Sustainable Growth Scaling with Authenticity and Innovation Sustainability as a Core Business Strategy Conclusion Khulan Davaadorj: The Catalyst Behind Lhamour Khulan Davaadorj’s journey began when she returned to Mongolia from […]
Table of Contents The Birth of Lhamour: A Personal Journey Leveraging Mongolia’s Natural Bounty Building Community Before Business Creating a Sustainable Ecosystem Scaling with Authenticity and Innovation Sustainability as a Core Strategy Conclusion The Birth of Lhamour: A Personal Journey Khulan Davaadorj’s return to Mongolia marked the beginning of a transformative journey. Having studied in […]
Table of Contents Understanding the Cleaning Business Types of Cleaning Businesses Commercial Cleaning Residential Cleaning Deep Cleaning In-and-Out Cleaning Exterior Pressure Washing Sanitization and Disinfection Professional Organizer Crafting a Cleaning Services Business Plan Conduct Market Research Compose an Executive Summary Write a Business Overview Detail Your Services and Pricing Develop a Financial Plan Define Your […]
Introduction In today’s fast-paced business environment, flexibility and convenience are key to staying competitive. Transforming your iPhone into a mobile cash register using a credit card reader is an innovative solution that empowers businesses to accept payments anywhere. This capability is particularly beneficial for businesses on the move, such as food trucks, pop-up markets, and […]
Introduction In the modern business landscape, flexibility and mobility are key. Transforming your iPhone into a mobile point-of-sale (POS) system with a credit card reader can significantly enhance your business operations. Whether you’re running a food truck, setting up at a pop-up market, or managing a retail store, having the ability to accept payments anywhere […]
Introduction to PEST Analysis A PEST analysis is a strategic framework designed to assess the Political, Economic, Social, and Technological aspects of a market. It helps businesses understand the external environment that could influence their operations. Whether you’re an eCommerce merchant looking to expand into a new territory or operating in a volatile market, a […]
Introduction Turning your passion for writing into a profitable career can be a rewarding journey. Whether you’re looking to start a side hustle or transition into a full-time role, professional writing offers flexibility, creativity, and the potential to earn a substantial income. This guide will explore various ways to monetize your writing skills, from blogging […]
Table of Contents Understanding LLC Tax Treatment Default Tax Treatment for LLCs Electing Corporate Taxation How to Pay Yourself with an LLC Single-member LLCs Taxed as Sole Proprietorships Multi-member LLCs Taxed as Partnerships LLCs Taxed as S Corporations LLCs Taxed as C Corporations Frequently Asked Questions How Do LLC Owners Pay Themselves? Can Owners of […]
Table of Contents Do You Need a Business Plan for a Loan? Small Business Administration (SBA) Loans Term Loans Personal Business Loans Business Lines of Credit How to Write a Business Plan for a Loan Executive Summary Company Description Market Analysis Products and Services Marketing Plan Logistics and Operations Plan Financial Plan Frequently Asked Questions […]
