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
You have landed a lunch meeting with potential business partners. Congratulations—this could be a major step forward for your company. Now you must concern yourself with impressing the people you meet so they will want to partner with you. Below are some of the steps you should follow to have a good experience at a lunch meeting with potential business partners. Come with a … [Read more...]
The process of immigration has seen a lot of changes over the decades, and with an ever-increasing number of countries closing up their borders and tightening up their selection processes, modern-day nomads find themselves in need of a more effective solution that will grant them a second, or even a third passport. In order to bypass the restrictions imposed by other … [Read more...]
I still remember the day I got my first memo. I was in my second post-college job and although I’d worked since I was 13 years old, holding positions primarily in the restaurant and food industry, I had never, ever been given a memo from an employer as a form of communication. Usually, messages would just be shared from one shift or one person to the next. Sometimes they … [Read more...]
Having confidence as a public speaker and knowing how to engage an audience are both powerful tools every small business owner should have. A poor presentation or a boring podcast doesn’t just simply reflect on you, it also reflects badly on your business as a whole. Speeches: Failing to Captivate the Audience When it comes to mastering the art of public speaking, connection … [Read more...]
In the world of business, maintaining good manners and etiquette could be the deal clincher when it comes to securing new and lasting business opportunities and working relationships. A big etiquette mistake can have a detrimental impact and could lead to lost business. Of course we’re all prone to slip ups from time to time, but by being aware of the most common business … [Read more...]
If you own a business that heavily relies on foot traffic and local word-of-mouth and not seeing the success you had hoped for, you may want to consider relocating. This is especially true for hotels, restaurants and other “stay and pay” types of establishments. A company relocation may also be applicable to you if you’re planning to downsize or have a shift in your strategic … [Read more...]
As a small business, simply having a building in which to conduct your business is a huge benefit to your growth and sustained success. If you’re sharing your building with one or more other businesses, though, learning how to share nicely can also be a big determining factor of your success in the space. Plan for small disagreements in advance by following these tips, and … [Read more...]
A part of growing your business is having to make some hard decisions on where to invest your profits. Some of these investments may cost more than others. Here are some investments that you can make to help your business grow. Expand Your Product Line Create a team of employees and assign them the task of developing new products. For this, you’re going to need to utilize the … [Read more...]
Setting and meeting customer expectations is a never-ending process and can be quite the balancing act. Striving to maintain positive relationships with clients results in a more satisfying work environment and greater level of output. Due to advances in technology, customers expect more than ever before, and rightly so. All businesses start out setting the bar high, but … [Read more...]
Despite more people turning to online shopping, over 64 percent of people still prefer to make a purchase in a brick-and-mortar store. While many people participate in showrooming, which is the practice of looking at a product in a store before buying it online, others also participate in web rooming, which is the practice of looking at a product online before buying it in a … [Read more...]
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