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The 80 / 20 Rule

The Pareto principle (also known as the 80 / 20 rule, the law of the vital few, and the principle of factor sparsity) states that, for many events, roughly 80% of the effects come from 20% of the causes. In business, it is usually applied as follows: 80% of your company’s profits will come from […]

Read more November 26th, 2015

“I’ve Done a Very Grown up Thing, I Made my Will”

In order to prevent your loved ones experiencing financial difficulties, you can ensure that you write a Will and make certain that your Will is valid. A Will is a legal declaration of an individual’s intentions as to how he or she wishes to dispose of their property after death. Once you make a Will […]

Read more November 26th, 2015

Some Customers Are More Equal Than Others

Businesses will always say that all of their customers are important to them. However, when it comes to making money, your best customers are always going to be the ones who buy the most from you. So how do you identify which customers you should focus on? First, segment your customer list, and separate your […]

Read more November 25th, 2015