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Lisa Brown April 6, 2023April 5, 2023 accounting, business practice, business process outsourcing, company, cost savings, customer service, efficiency, external parties, human resources, in-house, information technology outsourcing, IT support, job losses, low-wage countries, maintenance, manufacturing, manufacturing outsourcing, nearshoring, non-core business functions, offshoring, onshoring, outsourcing, Payroll, production of goods, products, scalability, services, software development, specialized IT skills, support, tasks

What is Outsourcing?

If you are an entrepreneur, you should know the term outsourcing to grow your business. In this post, we will

Young Entrepreneur March 16, 2023March 16, 2023 brand recognition, business arrangement, business model, company, customer base, established brand, fast-food restaurants, fees, franchise, franchisee, franchises, franchisor, independent decisions, individual, limitations, marketing, operational procedures, quality standards, Retail Stores, risk of failure, royalties, service-based businesses, services, support, training, upfront costs

A Franchise – Explained + Examples

A franchise is a type of business arrangement where an individual or company (known as the “franchisee”) is granted the

Young Entrepreneur March 9, 2023March 9, 2023 advantages, attract, benefits package, compensation, disability insurance, employee benefits, Employee Satisfaction, employer, employers, health insurance, improve, incentives, job position, loyalty, morale, paid time off, perks, productivity, regular salary, retain, retention rates, retirement plans, support, talented employees, wages

Employee Benefits – Explained + Examples

Employee benefits are non-wage compensations provided by employers to their employees in addition to their regular salary or wages. These

Customer Acquisition Cost

Abdallah Alaili May 27, 2022January 21, 2023 business, business term, CAC, CLV, Customer Acquisition Cost, Customer Lifetime Value, marketing, mba, overhead, sales, startups, support

Customer Acquisition Cost – CAC marketing definition

Customer Acquisition Cost, abbreviated as CAC, simply tells you how much you are spending to acquire new customers. CAC is