• Breaking News

    Tuesday, October 27, 2020

    Business Charles Schwab to lay off 1,000 workers following merger with TD Ameritrade

    Business Charles Schwab to lay off 1,000 workers following merger with TD Ameritrade


    Charles Schwab to lay off 1,000 workers following merger with TD Ameritrade

    Posted: 26 Oct 2020 08:40 PM PDT

    Apple, Google and a Deal That Controls the Internet

    Posted: 26 Oct 2020 10:19 AM PDT

    U.S. says AIG settles tax shelter lawsuit, forgoes over $400 mln tax credits

    Posted: 26 Oct 2020 07:15 AM PDT

    Delta has banned 460 anti-maskers

    Posted: 27 Oct 2020 02:18 AM PDT

    Did ZOMATO Cheat Users By Changing Zomato GOLD To Zomato PRO? Zomato Business Model Explained

    Posted: 27 Oct 2020 02:42 AM PDT

    Tenants are facing eviction again, despite the UK government's promises

    Posted: 27 Oct 2020 02:26 AM PDT

    This IPO is a measure of China's growing strength

    Posted: 27 Oct 2020 02:02 AM PDT

    Should i be worried school isn’t hard?

    Posted: 27 Oct 2020 01:53 AM PDT

    First of all, i'm sorry if this is the wrong subreddit to post this to. I enrolled into a business school this year after months if hesitation and in all honesty, i'm just disappointed.

    I started classes and everything they say just seems so simple and easy. I know it's not my ego talking to me cause all my classmates say the same things. They teach us things you read in articles. School just started for me around a month ago so i'm gonna give it some more time but i really expected more.

    My question is should i be worried i'm not learning anything? I don't plan on starting a business but i really want to work in management or something (music industry would be the dream).

    submitted by /u/keepitahunned
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    Royal Mail to hire record number of Christmas temps

    Posted: 26 Oct 2020 01:24 PM PDT

    Why do they increase the hourly cost rates?

    Posted: 27 Oct 2020 12:11 AM PDT

    I don't know if this is the correct forum to ask this, if not please let me know which is the correct one.

    So I work for an auditing firm and I'm a bit baffled by this method of billing clients. So the client isn't given a fixed price for a particular type of audit, instead they tell the firm that their budget for said audit is X, and the firm then determines how much time they have to complete the audit based on the assigned auditor's hourly rate charge.

    So let's say in 2018, my rate was $300/hour and the client budget was $200,000. That roughly works out to 27 days. Then in 2019, my rates go up to $395/hour and the client budget (if lucky) goes up to $230,000, making the time available to be roughly 24 days. And then this year it's now $470/hour and client budget is $250,000, giving around 22 days of work. This is not factoring in the cost of the senior auditors on the team who's rates are much higher so time is at times less than what is worked out here to do the work.

    Now, if the audit goes over the budget, the client is not billed the excess based on my hourly rates and that value is written off. So my question is, why increase my hourly rates when the clients don't increase their budgets accordingly and as a result only reduces the amount of time to do the work and potentially generates bigger losses than greater income which the firm then complains about?

    I'm not the most business savvy person so I just want to know is there something I'm missing here, or what?

    submitted by /u/Technical-Grass2384
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    Top 7 Challenges Your Enterprise is Facing Unknowingly! Any Thoughts?

    Posted: 26 Oct 2020 11:36 PM PDT

    Naresh Jain earned Rs 450 crore for rotating black money of businessmen, netas

    Posted: 26 Oct 2020 09:59 PM PDT

    Only state investment can revive Britain's zombie economy

    Posted: 26 Oct 2020 06:53 PM PDT

    Dow Jones Question

    Posted: 26 Oct 2020 05:30 PM PDT

    I know this is more investing but anyways.... Since the Dow Jones removes companies that are starting to do poor but keeps companies that are performing well, if a company is doing incredibly well does it Skew the whole index?

    submitted by /u/DoubleAgent10
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    Client's texts all sound like this. She's not rude, just old and non-techy. Never make assumptions based on the perceived tone of a text. In business it pays to be cordial.

    Posted: 26 Oct 2020 02:13 PM PDT

    Thoughts

    Posted: 26 Oct 2020 01:58 PM PDT

    What market do you think will be growing fast by 2025?

    submitted by /u/xX_CaNcErOuS_mEmE
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    New cleaning business.

    Posted: 26 Oct 2020 09:57 AM PDT

    How would one go about starting a cleaning company. I'm still in college and I want to quit my dead-end job. What's the best way to get started, where should I begin?

    submitted by /u/Carlos-Pagan
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    Alternative to hourly/salary pay

    Posted: 26 Oct 2020 12:41 PM PDT

    Hello everyone! I am looking for creative strategies that may help me cut down my overhead on the business that I operate. I have 60 employees but only 20 of them are full time. The rest are part time and the majority of these PT employees are high school kiddos working 15-20 hours per week. I currently pay a good hourly wage ($12-15/hour) PLUS tips, PLUS commissions. I pay real well for the field in which I am operating in. I'm paying well in hopes of attracting better employees and motivating them to do a better job with performance. Needless to say, this isn't happening. Now I have too many staff, paying too well, and thinking that a different pay system may be more suitable for them and beneficial for me.

    Does anyone have any creative strategies that will allow me to pay a competitive wage based on performance? I was thinking about going to a system in which includes a lower base pay, pay cash tips daily, and pay salary/hours on a weekly basis instead of every 2 weeks. Then performance bonuses based on production, customer service, etc.

    Thoughts? Feedback? Ideas? Thank you in advance.

    submitted by /u/foxbrij
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    Year start/end stock takes

    Posted: 26 Oct 2020 12:35 PM PDT

    Hi there

    So, first off I know I have been a fool and really should know this stuff before I jumped in!

    Apparently I am supposed to do a yearly stock take for my tax returns? News to me, never got told about that!

    Question is what exactly does that entail? Am I supposed to list every item I stock and it's value or just supply a total value of my inventory?

    submitted by /u/cw987uk
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    I want to know how to find out how to locate/context wholesale companies for overseas shipping.

    Posted: 26 Oct 2020 12:14 PM PDT

    I'll be moving to Tahiti and I want to find a company in the US where I can buy to-go boxes and containers that will ship large quantities overseas but I don't know the best way to get directly to the source. I'm sorry if this is stupid but any help or direction would be very appreciated.

    submitted by /u/chimpdudet
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    Can a company post memes without getting sued?

    Posted: 26 Oct 2020 12:05 PM PDT

    Creating a structure for an org with two owners.

    Posted: 26 Oct 2020 08:57 AM PDT

    The org in question is a International Organization of streamers, artists, digital creators, as well as Esports teams.

    It currently has two departments, The Content Dep. and the Creative Dep.

    The organization has 30 Staff members split between these departments and a few subdivisions.

    Note: The Org has not decided on whether it will be Non-Profit or For-Profit, so both structures/hierarchies are appreciated

    Current Hierarchy:

    Owners Community Director General Manager Content Director Creative Director 

    This hierarchy is not well defined.

    The following are structures we currently have in the running:

    Non-Profit A:

    Board of Directors Executive Director General Manager Assistant Director for Operations (Content Director) Assistant Director for Public Affairs (Creative Director) 

    For-Profit A:

    Owners Chief Executive Officer General Manager Vice President of Operations (Content Director) Vice President of Public Affairs (Creative Director) 

    For-Profit B:

    Owners Managing Director General Manager Director of Operations (Content Director) Director of Public Affairs (Creative Director) 

    For-Profit C:

    CEO (Owner, handles day-to-day operations) President (Owner, handles more long-range operations) Chief Operations Officer General Manager Director of Operations (Content Director) Director of Public Affairs (Creative Director) 

    For-Profit D:

    Partners (Owners) Chief of Staff General Manager Content Director Creative Director 

    For-Profit E:

    Owners Managing Director General Manager Content Director Creative Director 

    You'll notice that a lot of the changes are simply between the title of the 2nd to the Owners, that position and title is probably the most disputed part of the hierarchy. It's role is to manage the entire company except for legal matters.

    The Owners are the owners, they own the place.

    The General Manager is the person who directly manages the staff members and department heads.

    The Department Heads lead their own department.

    Any suggestions, comments, inquiries, or otherwise are appreciated!

    submitted by /u/AxtonGTV
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    Business owners of Reddit answer me this. If one of your employees was acting like a self entitled so and so would you terminate? (They are a friend)

    Posted: 26 Oct 2020 08:41 AM PDT

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