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
In an ideal world, an employer would treat everyone fairly and give them the same opportunities, pay, promotions, and respect. However, sadly, it does not always work like that. Many people suffer from discrimination in the workplace, but they may not even realize it. Once they do, they might be fearful of even worse treatment if they blow the whistle. In this situation, you … [Read more...]
Many business owners and employees are concerned about preventing illness during the pandemic, but there are other health hazards that can affect your operation as well. Injuries caused by overwork, poor lighting, dangerous worksites, and lack of oversight can cost you in the long run and cause severe damage to employees. With this in mind, business owners must take adequate … [Read more...]
Companies have similar growth trajectories as compared to that of human development. The company expects to experience growth, and at some point, get an initial public offering (IPO), which is something comparable to getting a driving license for humans. With the IPO, the company expects a higher standard of accountability in all the sectors: financial disclosure, discipline, … [Read more...]
Whether you run a small bakery or sell household appliances, shipping goods is an important aspect of any business. Although some goods do require more care than others, all items need to be packed with suitable material. No matter how good your product is, if you deliver an item that is not worthy of being used or consumed, there are chances that you will get a 1-star review, … [Read more...]
While there are some benefits to renting, owning a house is generally the better way to go. That's likely the reason why in 2018, Bloomberg reported that homeowners in America outnumbered renters two-to-one. For those asking themselves the question, "Should I rent or buy a house?" – here are a few reasons why buying is likely to be the better answer. A Better Long-Term … [Read more...]
Ethics say more about your business than you might imagine. It’s not just a way to catch customers’ attention (though it does) and it’s not even just a way to show your moral standing as a business person (thought it does that, too). Solid business ethics can protect you from being held culpable for damage done on your behalf; they help establish positive practices across the … [Read more...]
E-commerce relies on an accessible and trustworthy digital presence, but with recent advertising drives telling customers to buy local, how can online businesses compete with face-to-face (or mask-to-mask) commerce? Current B2C electronic commerce spans every niche of every sector and practically every product is accessible to everyone, no matter where they live. This means … [Read more...]
Every small business owner pours their life into their business as there are a lot of hours, sweat, tears, and sacrifices needed to make a business successful. Knowing all of this work went into building a small business makes it harder to sell a business because, in some ways, it is an extension of your life. But, if the time has come to sell it, it is important that you … [Read more...]
COVID-19 has impacted every industry in every part of the world. Large events, in particular, have been delayed or cancelled to prevent transmission, and as a result, many businesses that rely on trade shows and networking events are left high and dry. The solution for this disruption is moving events to virtual platforms; however, key decision-makers often hesitate to … [Read more...]
Ecommerce has been growing year upon year since the beginning of the internet; however, these days, it is positively exploding as people are actively avoiding going to brick and mortar stores. If you have a product you are thinking of selling, then it makes more sense to open an ecommerce store and sell online than it does to have a physical presence. If you do want a store … [Read more...]
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