It’s a competitive environment for businesses of all sizes. Your profitability is the most important indicator of your success. The biggest factor driving your profit margins is the efficiency of your operations. The less waste of time and money there is, the greater your returns will be. Here are …
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
5 Tips for Higher Efficiency and Fewer Problems in the Workplace
Running a business isn’t easy, especially when you have a lot of employees to manage. Some of them are a joy to work with and are great assets to your company, but problems can still arise even when you’ve got quality people. One problem is inefficiency. With the never-ending pressure to cut costs …
Protecting Your Intellectual Property when Developing and Hiring for a Project
When Antsy Labs, maker of the Fidget Cube, decided to delay production because of a fault they found in the first few units, they took a massive risk with heavy consequences. Their manufacturer was contracted by another entrepreneur to produce the same design, and that entrepreneur made more than …
How to Make Sure That Your SMB is One of the 70% That Hits the 2-Year Mark
Running a small business is no easy task. You’re constantly spinning plates, trying to develop and maintain a loyal customer base while still making money in the process. Luckily, 70 percent of small businesses last at least two years. To make sure your business is a part of this majority, here are …
4 Unique Hacks to Ensure Your Business Initiatives Get the Best ROI
Return on investment is a business strategy that is widely talked about in venture capital circles. When companies introduce initiatives to get the best ROI, just about every aspect of business is impacted positively, from the financial bottom line to productivity and from projections to growth …
Handling Workplace Injuries: Employer and Employees’ Responsibilities
Having an employee get injured at work is no laughing matter. Whatever the severity of the injury in question, it can and will throw a substantial monkey wrench in both the employee’s and employer’s lives. Apart from the obvious medical issues, the amount of paperwork that can come about from these …