Business Articles

Business advice and tips. Using mathematics, statistics and financial calculators to improve data-driven decision making in a business context.

Man taking money out of wallet

What Does Net 15, Net 30, and Net 60 Mean?

Say you’re a full-time freelancer or you run your own business and you’ve just wrapped up a job for a client. You’ve sent off an invoice and are excited to finally get paid for your work. Then, their accounts department informs you that you’ll be paid in Net 15, Net 30, Net 60, or some […] Read More…

Also posted in Finance, Money | Tagged , , , | By Cindy Brzostowski Leave a comment
two children excited in front of laptop

5 Things to Consider Before Starting a Business

Are you dreaming of starting your own business? Whether you have visions of a brick and mortar store or a company that operates entirely online, it’s important to take time beforehand to plan and crunch some numbers. That way you won’t get caught off guard—or be financially and mentally drained—by the unavoidable start-up costs. To […] Read More…

Also posted in Finance, Money | By Cindy Brzostowski Leave a comment
Six Sigma Process Quality Control

What is Six Sigma Process Control and Why Most Get It Wrong (1.5 Sigma Shift)

What is Six Sigma? Six Sigma, commonly written as 6σ, is a set of techniques for process improvement originally developed for industrial manufacturing by engineer Bill Smith at Motorola in the 1980-s. A central part of the six sigma tools are procedures for statistical process control: ensuring production meets particular quality standards which result in […] Read More…

Posted in Business | Tagged , , , , , , | By Georgi Georgiev Leave a comment
Workplace meeting productivity

This is How Employers Can Improve Labor Productivity

The popular phrase “time is money” says it all: Time management is key when running a business. As an employer, you don’t want your employees to waste their time, because that in effect means they’re wasting your time and resources. To ensure that your team’s time is being managed well and that your business is […] Read More…

Also posted in Career, Money, Wellness | Tagged , , , , | By Cindy Brzostowski Comments closed