Traveling the world, even if it’s for work, is something that many people dream of. The idea of holding a frequent flyer membership and covering large distances every month seems appealing, especially to those who are stuck with tedious administrative work at the office. Throw in breathtaking …
Strategizing Articles and Interviews (category)
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
What Pennsylvania Employers Need to Know about Workers’ Compensation Claims
For most companies, dealing with workers’ compensation claims comes with the territory of running a successful business. Even with appropriate safety policies and procedures in place, accidents happen, and even office workers and administrative staff can suffer job-related injuries or develop …
3 Mistakes Startups Make in Protecting Their Intellectual Property
In the new information economy, a startup that begins with a good idea or new product can attract plenty of attention, funding, and the best talent its industry has to offer. The problem that many startups face, however, is that larger, more established competitors can beat them to the punch and …
7 Reasons Why Every Business Should Track Key Performance Indicators
A key performance indicator (KPI) is an essential metric or statistic that indicates how well your company is performing in relation to the standard set of business objectives that most companies pursue, such as sales, profitability, popularity, and growth. While these stats paint a very clear …
Porter’s Five Forces Model: Can It Really Help You Better Understand Your Industry?
As a business leader, knowing your industry inside and out is critical to finding ways to dominate the market. Fortunately, there are a few strategies that can help you perform this type of in-depth analysis. One that is relatively well-known is the SWOT analysis. This acronym stands for …
Myth Busting: Why SWOT Is Not a Business Strategy
Myths have a way of infiltrating belief systems. As with most myths, they’re grounded in history, are easy to understand and have some face validity. But despite the ubiquitous use of SWOT (analyzing Strengths, Weaknesses, Opportunities and Threats), it’s absolutely crucial to get past the myth of …