Sat.May 10, 2025

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Understanding Double Declining Balance Depreciation for Business Growth

Productivity Land

Seeking ways to enhance your tax benefits and improve cash flow? Knowledge of depreciation methods serves as a powerful tool for your financial advantage. Business asset purchases require spreading costs across their useful lifespan through depreciation instead of immediate full expensing. You allocate the cost of an asset over its useful life by depreciating it.

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Unique Work Anniversary Gifts to Boost Team Morale

Productivity Land

How can you acknowledge your employees’ hard work while also improving team spirit? Work anniversaries provide excellent moments to demonstrate appreciation for team members’ hard work. The current work environment faces major challenges and employee engagement has dropped to a worrying 10-year minimum where thoughtful recognition plays a vital role.