Annual and Monthly Planning.

Annual and Monthly Planning.

At least 1 to 4 months before January of Year N (that is, from December or September of Year N-1): • Choose an overarching theme for your year and name your months accordingly (e.g., Year: Expansion, January: Favor). • Enter key dates, routines, appointments, etc., into your calendar. Use an electronic calendar (Google Calendar, Outlook, […]

Twelve Points for Successful Execution of Planning.

Twelve Points for Successful Execution of Planning.

A quote from the Book of Proverbs states that the virtuous woman considers a field and buys it; from the fruit of her labor, she plants a vineyard. Indeed, this quote highlights the importance of taking effective action in executing the necessary steps to achieve desired results. Moreover, there is nothing new under the sun. […]

The Characteristics of a Bitter Person, Part 2.

The Characteristics of a Bitter Person, Part 2.

4th Sign: Selfishness In general, a bitter person is so obsessed with themselves that they forget about others. They are narcissistic, constantly putting themselves first without considering the damage they cause to those around them. They are focused solely on their own needs and problems. 5th Sign: Anger A major characteristic of bitterness is anger. […]

THE BEST REVENGE.

THE BEST REVENGE.

The desire for revenge can give us superhuman strength, but this strength can be either constructive or destructive; it all depends on how it is used. Revenge is about returning the harm that was done to us. In a way, it’s entirely understandable and even seems normal to want to repay evil to those who […]

INVESTMENT PROJECT.

INVESTMENT PROJECT.

A project should be understood as a coherent and organized set of activities aimed at achieving a specific end. Generally, a timeframe (deadline) and a budget are established to reach a goal, which is why a project is considered a plan or a program. Furthermore, an investment is the process by which a company or […]

MARKETING MIX.

MARKETING MIX.

After developing the marketing strategy, it must be translated into an action plan, one of the key elements of which is the marketing mix, as outlined below. The marketing mix refers to “the set of tools that a company uses to achieve its objectives in the target market” by utilizing variables that can influence buyer […]

WORKING CAPITAL REQUIREMENTS.

WORKING CAPITAL REQUIREMENTS.

The working capital cycle of a company generally includes the following three operations: These three operations linked to the working capital cycle highlight the need for the company to secure financing not only for fixed asset investments but also for the working capital cycle, referred to as the working capital requirements (WCR). If one wishes […]

FINANCING THROUGH THIRD-PARTY FUNDS.

FINANCING THROUGH THIRD-PARTY FUNDS.

Debt financing is a secondary source of funding that companies frequently utilize. Debts are categorized into long-term and short-term based on their duration. Long-Term Debt Financing In the “borrowed funds” section of the liabilities side of the balance sheet, all debts with a contractual term exceeding one year are recorded. These debts are typically loans […]

WHEN AND TO WHOM SHOULD I CONFIDE?

WHEN AND TO WHOM SHOULD I CONFIDE?

It is almost instinctive for each individual to want to share his joys, his ideas, with his loved ones. But as far as destiny is concerned, it is better to abstain, and to find the right audience before speaking. So, to better understand why you must learn to hold your tongue in check, I thought […]

KNOWLEDGE PAYS MUCH MORE.

KNOWLEDGE PAYS MUCH MORE.

Those who choose to prioritize the development of their knowledge choose what yields the most. This is exactly what the rich do. Whenever they have to choose between several activities, they always opt for what brings the highest returns. For instance, a wealthy person will pay 20 euros to have their car washed while they […]

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