Business Archive

Pros and Cons of NAFTA | North American Free Trade Agreement

NAFTA which stands for North American Free Trade Agreement is an agreement made between the United States, Canada and Mexico. This agreement was created to eliminate tariff for qualifying products, which was making the prices of exported and imported products significantly high. NAFTA had brought a sense of development in these three countries but not [&hellip

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Pros and Cons of Joint Venture

A joint venture is a business agreement between two or more parties or entities to come together and accomplish a specific task. It is not like a partnership agreement because the agreement is done for a specific period of time and each party maintains a separate business entity. Before joining a joint venture, you need [&hellip

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Pros and Cons of Outsourcing | Advantages and Disadvantages of Outsourcing with Examples

Outsourcing is the process of contracting business functions and processes to an external agency for enhancing service quality, driving innovation or deriving benefits of lower labor costs. By knowing the benefits and side effects of outsourcing you can easily decide if this could work for your business or not. Let’s take a look at the [&hellip

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Pros and Cons of Money Market Account

Pros and Cons of Money Market Account | Advantages of Money Market Account | Disadvantages of Money Market Account Saving money is important for a future emergency fund that may come up. Money market account is one of the traditional secure savings that have been used for over the years. It is a government-insured bank [&hellip

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Pros and Cons of eBay | Advantage and Disadvantage of eBay

Today, let’s take a look at the pros and cons of eBay. Since its launch, eBay has become one of the most popular multinational e-commerce corporations for people who want to sell everything that may range from electronics to clothing. But, there is a huge difference among people who are selling a few spare items and [&hellip

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Pros and Cons of Franchising Your Business | Advantage and Disadvantage of Franchising Your Business

Franchising is a suitable option for entrepreneurs who have already developed a successful business. It is very hard to decide whether franchising is good for your company. To decide that, first you should evaluate its benefits and disadvantages in the context of your operations. To know if franchising is suitable for your business expansion or [&hellip

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Debit Card Pros and Cons

Debit card is the plastic payment card offered by the bank which is used instead of cash when doing some purchases. It is different from credit card as it uses money directly from your account. As debit card deducts money from your own account, you need to consider the pros and cons of debit card [&hellip

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Chase Bank Pros and Cons

Chase Bank is one of the nation’s commercial bank which is known for providing a broad range of financial services to almost half of America’s households. Chase Bank can be a best option for customers to open a checking and savings account to take advantage of some of the bank’s offerings. If you are thinking [&hellip

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GoDaddy Pros and Cons

GoDaddy is probably the best known domain registrar however, it is also largest web hosting provider whose services include web hosting, web security, online marketing, DIY website building tools, and professional email hosting. Though it is not a perfect choice for a user, the recent updates in GoDaddy’s web hosting plans has made their products [&hellip

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Amazon Prime Pros and Cons

Amazon is the largest online retailer in the world today. Amazon Prime is the feature offered by Amazon that is similar to annual membership schemes. To know whether the Amazon membership is good advantageous or not, it is better to consider the pros and cons of Amazon Prime. Pros of Amazon Prime 1-Day or same-day [&hellip

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