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
As your small business grows into something bigger, your ability to manage everything yourself begins to dwindle. It simply becomes too difficult to keep putting on different hats at various parts of the day for 60+ hours a week. At some point you have to admit you need help. But while hiring employees represents a large portion of the solution to this problem, it isn’t the … [Read more...]
Whether you’re getting out of a timeshare property that you no longer want or can afford, or cancelling one that you’ve inherited from older parents, you need a water-tight plan that starts with a cancellation letter. Understand the following before your make your plan to cancel: Read the contract carefully and explore your options for renting out, selling, or gifting … [Read more...]
Even in the modern digital age, in which virtually every product or service seems to exist in a virtual state, the backbone of society still rests on manufacturing. Without manufacturing, we have no cars, no computers, no washers or dryers, and no machinery to build the countless other machines we depend on for modern life. With so much dependent on manufacturing, you’d … [Read more...]
Entering a new business partnership can be as frightening as it is exhilarating —especially if it’s your first venture into entrepreneurship. As most entrepreneurs and business owners know, the creative, big-picture ideas are often where the passion lies. On the flip side, the finances can be a bit of a dreadful subject. However, having those tough conversations about money … [Read more...]
Digital marketing and e-commerce have really transformed the way businesses compete for customers. Digital marketing, in particular, allows small and medium-sized enterprises to compete with bigger rivals for the same market segment. Add the fact that setting up an e-commerce site is also very easy to do, and you have the perfect combination. However, driving traffic to your … [Read more...]
No matter what industry you operate within, your company’s reputation is key to its success. When consumers have a good experience, they not only return to you for their future needs, but they also refer you to their friends. Likewise, when consumers have a bad experience, they will not only stop using your services, but will also encourage their friends to do the same. In … [Read more...]
Pop up shops are methods by which companies boost sales and market products effectively. Companies rent space in galleries or set up tents in fairs or farmers markets to promote new products or sell excess inventory. These shops are open for a limited time and the concept makes customers come to shop faster. Pop Up Shops In Tents Since pop up shops are temporary, some … [Read more...]
Every business owner dreams of skyrocketing their business. One way to make this happen is to follow this 6-step productivity strategy. Today, more than ever before, we need to be productive. This is mainly due to the fact that we’re competing in a global economy where labor costs are a fraction of what they are here in North America. Productivity is defined as how well your … [Read more...]
Coupons offer businesses a number of benefits. From influencing where consumers buy from and how much they spend to driving brand awareness and increasing customer loyalty, the use of promo deals has the ability to help businesses rake in short-term revenue and maximize long-term ROI through repeat customers. Coupled with the fact that the majority of customers specifically … [Read more...]
It’s never easy to be faced with the prospect of selling your business, expanding it by acquiring another one, or signing a huge business deal. The decision you make could make you successful beyond your wildest dreams, or it could turn out to be the worst mistake of your life, financially speaking. The following infographic, produced by Betway Casino, highlights some of the … [Read more...]
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