Straight line depreciation is the simplest way to compute depreciation expense. In computing straight line depreciation, we consider three elements: Cost of the fixed asset: The cost of the asset is its purchase price net of discounts taken, plus sales taxes, shipping costs, insurance, and so on. Useful life: Useful life is the estimated length…
How To
How to Coach Employees for Improved Performance
Coaching employees involves a structured approach that focuses on developing their skills and abilities, addressing performance issues, and setting goals for improvement. If done right, coaching brings significant ROI to your business. According to a frequently cited stat, 63% of companies that provided employee coaching reported higher revenue than their competitors. Here are 11 strategies…
5 Hidden WordPress Costs (& How Much You’ll Really Pay)
WordPress website software is free, but that doesn’t mean WordPress websites are. Just to get online, WordPress costs around $160 a year for a hosting plan and domain. You’ll also need to budget for a security plugin and theme, and additional costs if you want a no-code page builder, paid plugins, or professional help building…
How to Make a Career Page to Attract Top Talent (+ Examples)
When you create a career page on your website it should be a fully featured page with images, links, and information on company culture that helps your business stand out. It should also list what job opportunities are available and inform the job seeker why they should work for your company. Be sure to provide…
How to Get a Freight Quote: The Ultimate Guide
Learning how to get a freight quote involves shopping around and deciding among different provider options, giving them accurate shipment details, and finally booking your shipment. There are multiple options for comparing carriers to find the best rate—and an accurate quote depends on many variables. One of the best ways to get a freight quote…
How to Transfer a Call & Effective Routing Techniques
Call transfers are a telecommunication feature that routes incoming or active calls to other numbers or voicemail. If you’re wondering how to transfer a call, it’s as easy as pressing the transfer key and identifying your intended call recipient. This article breaks down the simple steps of call transferring and explores the four transfer techniques:…
How To Generate Leads in Sales in 6 Steps (+ Free Template)
Lead generation involves trial, error, and testing to see what works best for your unique business. That’s why following a particular process on how to generate leads in sales is crucial. It ensures you cover all your bases and measure the effectiveness of your activities. In this article, we explore the steps to generate sales…
How to Hire an Administrative Assistant in 6 Steps
Hiring administrative assistants seems simple. Still, because admins handle many different tasks, you need to narrow down what you’re looking for. The following steps will guide you through how to hire an administrative assistant. Determine required skills Decide salary range Create an admin job description (with free template) Post job ad Interview candidates Make an…