Strategizing

Small Business Strategy and Planning

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

Productivity Pet Peeves: 5 Things that May Be Driving Your Employees Nuts

High productivity can help your company better serve customers and improve profit margins. However, a number of problems can arise that cause worker frustrations and drags on efficiency. Workers are on the front line of getting tasks done, and they can tell you a great deal about the factors that are inhibiting productivity. If you listen to them carefully, they can often … [Read more...]

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 $300,000 on the idea, while Antsy Labs struggled to ship units. One of the … [Read more...]

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 a few steps you can take. Grow at the Right Rate Common sense says that the … [Read more...]

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 incidents can be daunting. It is imperative that, despite any inconvenience to … [Read more...]

How to Set and Achieve Effective Business Goals

From bullet journals to The Miracle Morning, goal setting is all the rage right now. Particularly for entrepreneurs and business owners, goal setting is an integral and challenging part of company operation that requires careful attention. Setting new goals for your business can be exciting. It’s a creative process that allows you to envision a positive, productive future. … [Read more...]

Do You Have Trade Secrets? Here’s How to Protect Them

The closely guarded formula for Coca-Cola is stored in a bank vault that can only be opened by a resolution of the company’s board of directors. Only two Coca-Cola employees ever know the formula at any one time, and their identities are not made public. Also in a bank vault is the formula for Water Displacer 40th attempt – commonly known as WD40. The formula has only been … [Read more...]