The most successful business owners are always thinking ahead. If you are a new business owner, strategizing about mission statements, corporate culture and business plans are things you would be smart to address early on. More seasoned business owners can benefit from articles on everything from setting client expectations to creating a niche for your small business
The closely guarded formula for Coca-Cola is stored in a bank vault that can only be opened by a resolution of the company’s board of directors. Only two Coca-Cola employees ever know the formula at any one time, and their identities are not made public. Also in a bank vault is the formula for Water Displacer 40th attempt – commonly known as WD40. The formula has only been … [Read more...]
Following the lead of global brands like Google, Apple, and Instagram, companies across the world have started implementing and improving workplace well-being and happiness concepts. These forward-thinking pioneers have adopted the notion that creating a workspace that supports their employees’ well-being and happiness is a powerful motivator for staff retention, loyalty, and … [Read more...]
Any business owner can tell you that there are numerous challenges to growing a business and that how you manage them defines if your business is going to be successful or not. It's vital to detect and overcome these obstacles that come hand to hand with growth in order for your business to continue to thrive. With different stages of business expansion come different pitfalls … [Read more...]
So, you’ve expanded, more people are coming in, business is booming – congratulations! Prepare to wage a war you never knew existed – the war on germs. As a business owner, the responsibility of maintaining hygienic conditions rests solely on you. With the influx of people on your payroll, the problem of maintaining said levels of hygiene grows exponentially. Solid working … [Read more...]
No matter how well organized a business is, it will run into its fair share of problems over the course of its lifetime. Solving these problems as they arise is what separates a good business from a truly great one. The more problems that can be solved, the more profitable and efficient a company will become. Here are four ways for companies of any size to solve some common … [Read more...]
Starting a new business can be incredibly stressful, and financial challenges are common. You may struggle to get recognition from your target audience in a crowded marketplace or to differentiate your business from the competition. Perhaps you are having trouble getting new leads or closing the deal when you do get new leads. You have likely spent a considerable amount of … [Read more...]
A recent survey showed that 72% of small businesses plan to grow their international customer base by 2017, and it’s not hard to see why. Advances in technology have opened up a lot of new opportunities for companies to progress in communication, networking, transactions, and delivery of products across borders, with e-commerce paving the way in today’s modern … [Read more...]
Having a safe and healthy work setting means so much more than just dusting and keeping the place clutter-free, since its primary aim is to protect the health of those working in there. Actually, workplace housekeeping is seen as crucial in prevention of injuries, boosting morale and maintaining the productivity, therefore, we can’t overlook its importance when it comes to … [Read more...]
You won’t find an official “mission statement” on the Apple website. If they have one, it hasn’t been made public. But the following statement, which has appeared at the bottom of press releases coming out of Apple since at least 2012, is what most consider to be Apple’s current mission statement: “Apple designs Macs, the best personal computers in the world, along with OS … [Read more...]
Savvy business owners will keep a close eye on product inventory, web visit stats, and customer reviews to monitor his or her company progress. When profits drop, the usual suspects are investigated first, including employees, products, and customer service. However, other factors can play a significant role in your business sales, or lack of. The following three aspects of … [Read more...]
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