Business

Vision Casting for a Strong First Quarter

Vision Casting for a Strong First Quarter

By | Articles, Business | No Comments
Regardless of your job title, vision casting will provide an outlet for growth. The process requires employees to assess their ambitions and see how they fit within the big picture.  While most will say that vision casting is a vital tool, many admit to not using it enough. Sometimes going through day-to-day tasks exerts all of the energy, or more often, team members do not want to overstep. In this article, we'll evaluate the steps necessary to implement an idea; and ways to make it work harmoniously within a company. Discover the full details below. What is vision casting in...
Read More
Startup Funding Explained: How to Secure Capital

Startup Funding Explained: How to Secure Capital

By | Articles, Business | No Comments
Have you ever thought about starting your own business? Whether you have a unique product or you want to create your own social media platform, the capital has to come from somewhere. Obtaining startup funding is a pivotal step to developing a business, and there are three basic ways to accomplish it.  How to start a business Starting a viable business takes time. While you may have heard of overnight success stories, the majority of new market entities only thrive after careful planning. Aspiring entrepreneurs not only think of profitable ideas, but they also formulate structured plans for startup funding. ...
Read More
Strengthen the Workplace with Collaborative Business Leadership

How Collaborative Business Leadership Builds a Workplace

By | Articles, Business | No Comments
It's a known fact that a manager's actions can make or break an employee's motivation. With the looms of the pandemic, cancel culture, and shifts in politics, the dynamics within a company are more critical than ever. One approach to strengthening a workplace involves a tactic known as collaborative business leadership. However, it's more than just everyone working in unison.  Simply put, collaborative business leadership pushes to build relationships, end conflicts, and share control. It gives a voice to both the manager and employee, almost democratically. Throughout this article, we will demonstrate each aspect of using a collaborative approach. Additionally,...
Read More
Leadership Styles Proven Effective for Small Business Growth

Leadership Styles Proven Effective for Small Business Growth

By | Articles, Business | No Comments
Employees depend on their employers, not only for a paycheck, but for motivation, innovation, and support. Managers affect the entire organization from the top down. Furthermore, the process becomes amplified as the company grows. Start-ups and smaller businesses must be especially careful of the leadership styles they wish to portray.  So, which leadership styles are proven to be effective? Let's take a closer look below. How many types of leadership styles are there? The number of differentiating management styles varies depending on the textbook; however, most agree on five. They are transitional, situational, autocratic, Laissez-faire, and participative. Each has its...
Read More
Recession-Proof Business Ideas to Keep Afloat

Recession-Proof Business Ideas That Stay Profitable

By | Articles, Business | No Comments
For the recent grads of 2020, choosing a career path serves to be a daunting task. College feels right, but what area of study should they choose? Even more so, adults looking to renew their skillset are having difficulty picking a subject of interest. The market needs recession-proof business ideas, and it needs it now. What we've learned from the pandemic is that no situation remains static. All areas of life, as we know, change. From the realization of vulnerability and adjusting vitality, what can we do to become more stable? Where's the best place to put our focus? Experts...
Read More
good credit

Help Your Teen Establish Good Credit

By | Articles, Business, Finance, Lifestyle | No Comments
If you think showing your teenager how to balance a checkbook is hard…try explaining how to maintain good credit! Ah, the joys of adulting. Many adults don’t quite understand the intricacies of the credit system. So, the idea of breaking it down where a teenager can grasp the intricacies is laughable. Yet, it must be done! Otherwise, your impressionable teen may fall into a very expensive trap when they turn 18. As of 2018, the average American carries around $90,000 in debt (1). Of that debt, the average credit card debt is around $6,849 (2). Yikes! That’s not even taken...
Read More
Money Journal Prompts to Last the Rest of the Year

7 Money Journal Prompts to Improve Finances

By | Articles, Business, Finance | No Comments
People thrive where they place their passion. If it's on the mind, dedication towards the subject will create awareness, thus improving the odds of being successful. Could writing money journal prompts increase the relationship between a person and their wallet? Experts around the globe say, "Yes." Commit to wealth tracking for just 90 days Rachel Cruze, the author of multiple bestselling financial books, states that people should "Consider what [they] can do as an individual to move beyond complacency." Actively creating money journal prompts may be the big push that someone needs to work towards getting ahead. It starts by having...
Read More
extra cash

Five Creative Ideas to Make Some Extra Cash

By | Articles, Business, Finance, Lifestyle | No Comments
How would you like a little extra cash? If you’re shaking your head yes, then you should keep reading! Most people would enjoy making a little spending money on the side. Throw in a stressful, challenging crisis, and the idea becomes almost a necessity. Good news! There are TONS of great ways to pad your budget. Even better, it doesn’t involve digging through your couch cushions—not that we’re saying that’s a bad idea. Here are a few ideas you can try: 1. Become an affiliate marketer. It’s NOT as hard as it sounds. When you find a cool product, you...
Read More
Bad Debt Tops Over $100 Billion in Expected Defaults

Easy Ways To Avoid Bad Debt

By | Articles, Business, Finance | No Comments
As businesses make their quarterly earnings announcements, the nation's five largest lenders expect a loss. Wells Fargo, Bank of America, Citigroup, JPMorgan Chase, and U.S. Bancorp claim that defaults due to the Coronavirus will cause a significant amount of debt. Collectively, the amounts of projected damages top over $100 billion. How can you avoid bad debt when these companies couldn't? How companies are handling debt worldwide A shift in retail sales caused many suppliers abnormality regarding their inventory and cash flow. Major companies, such as Nike, reported to the U.S. Securities and Exchange Commission that they have millions of dollars in bad...
Read More

Achieva Life blogs and articles are intended to provide general information, thoughts, and articles in regards to the topics covered therein. Achieva Life is provided with the intent and understanding that Achieva Credit Union is not engaged in the act of rendering financial, consulting, medical, technological, legal, accounting or any other professional advice. The information provided within Achieva Life is not intended nor should be used as a substitute for medical, legal, or other professional advice or other expert opinions. Achieva Credit Union is not responsible for the accuracy of the information on Achieva Life and makes no representation regarding the accuracy of the content. Achieva Credit Union reserves the right to delete or block any comments. The content and comments on Achieva Life do not necessarily reflect the views of Achieva Credit Union.