There are tons of sensitive information generated daily within businesses. Regardless of how increasingly digital the world is becoming, there is still a bulk of data we need to print out. These may include travel information, payroll records, reports, faxes, photocopies and customer lists. Here’s a catch: we may need to destroy some of them… Continue reading Important Reasons Why You Must Shred Business Documents
Tag: management
Empathy is the Secret to a Successful Brick and Mortar Retail Business
There is a so-called “mall apocalypse” in America today. It refers to the closing of large regional malls because of their drastically reduced foot traffic and sales that keep them from being as profitable as they used to. This phenomenon is due to the rise of e-commerce businesses. According to analysts, however, there are still… Continue reading Empathy is the Secret to a Successful Brick and Mortar Retail Business
ISO-55000: Less on the Numerals, More on the Value
A stranger to asset management will only see numerals, especially with the ISO-55000. But, for companies involved, the rapidly growing industry deals with more than just numbers — it’s all about increasing the value. A suite of standard houses the operations of asset management. Since the beginning, organisations focus on managing their assets to improve… Continue reading ISO-55000: Less on the Numerals, More on the Value
How Much Can You Earn from Management Rights?
When you buy management rights, you pay 4 to 5 times the profit of the property in the last 12 months. For example, you will pay $500,000 for a business with a nett worth of $100,000 and a multiple of 5 times. But wait until you hear about the profits. Body corporate, care-taking, letting —… Continue reading How Much Can You Earn from Management Rights?