Small ideas that bring big changes in a business

Have a business but is feeling lost about how to keep the boat afloat? Well in this stage of the economy the competition is the highest and it requires new adaptations to be done in the business to bring in new changes quickly. to develop a small business one needs to find new and more effective ways to lessen the cost and heighten the sales. So if you have a small business like Norman Asch and want to make it successful in a small period, then keep reading.

Some of the small tips that can help in developing ones small business are:

Consumer insights

For having a successful it is a mandate that one should never ignore the consumer insights. Gathering consumer insights means one can have a clearer idea of what the potential consumers want and what their expectations are.

Bring the credit up

For having a successful business one need to grow, and to grow one needs to have more capital. For getting financed one should focus on the credit of the business. A business with better credit gets easily financed, and for this take the help of various credit enhancing tools.

Powerful networking

Never underestimate the power of a good business network. Build business relations, meet new people in the same field, people who can be future employees, etc. this will help in creating a better and strong connection with people who can be of help to the business.

Digital marketing

In this new age, digital marketing is paving ways for better and new ways of effective marketing campaigns. Now it has become easier for people to reach new customers from all across the globe with the help of the internet and social media. Use such opportunities and save for digital marketing campaigns.

Corporate social responsibility

Today customers are more alert and are more involved, thus making socially responsible business choices can be more appealing. It will not only create a better market image but will keep the customers engaged in a better way

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All about the dissolution liquidation of a company

The difference between dissolution and liquidation is often misunderstood or even misunderstood. We often speak of “liquidation” to designate the procedure marking the end of life of a society. However, this is a shortcut, which ignores the specificities of two very different procedures. It is through these two stages that you will be able to definitively store liquidation   proceed to the liquidation dissolution of a company.

First step: the dissolution

Dissolution is the first step in the dissolution-liquidation process of a corporation. This is the decision to cease the activity taken either by the shareholders (meeting at an extraordinary general meeting) or, exceptionally, by the commercial court judge (in case of paralysis of the company’s operations, in particular following the disagreement between the partners). The majority rules for deciding on dissolution vary according to the social forms: the majority required for a SAS is not the same as the majority required for the dissolution of an store liquidation. It is a necessary prerequisite for the liquidation procedure, which should in principle succeed it. The difference between dissolution and liquidation is thus well understood: the first orders the second.

The criteria for opening judicial liquidation

Judicial liquidation occurs when the company is in the cessation of payments. This means that it is unable to settle its debts with its available assets. Moreover, its recovery must be clearly impossible. The situation of society must thus be irreparably compromised

The procedure of the judicial liquidation

The liquidation procedure may be opened at the request of a creditor, the debtor, or the public prosecutor. If a conciliation procedure is in progress, only the debtor can take this initiative.

• Cessation of the activity of the company.
• The judgment of individual prosecutions.
• Stopping the interest rate.
• Breakdown of employees’ employment contracts.
• Exemption of all debts, even those not yet due.

The judgment pronouncing the judicial liquidation also appoints a legal representative to be liquidator. The latter is responsible for selling the property and paying the creditors.

A judge-commissioner is responsible for ensuring the speed of the proceedings and the protection of the interests of all parties.

At the end of the proceedings, the court declares the closing of the liquidation. Creditors can no longer bring individual suits against the debtor unless there are exceptions.

Hybrid forms of judicial liquidation

In the face of the slowness of the legal proceedings, the legislator has introduced simplified liquidations, designed to shorten the processing time of the file. They concern files with lighter stakes.

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