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
When resources are limited, knowing how to make your money stretch to where you need it is a key point to staying financially afloat. When the success of your business depends on it, being able to make sense of your finances is essential. Having a plan of action for any new venture is a must, and where finances are concerned, such a starting point is called a budget. You … [Read more...]
If you’re thinking of setting up a new business, you may want to consider basing it in France. While it isn’t necessarily the first place in Europe you’d consider doing business, the French economy is growing fast, so there are a lot of benefits that come from doing business there. However, there are also a lot of things you’ll need to consider too. Here, you’ll discover some … [Read more...]
Building brand loyalty can be tricky. After all, you're asking people who you have no connection with to transfer their buying preferences to you. While it seems like a daunting task, it is a rewarding one as evidence has shown that businesses that are able to make an emotional connection with their clients and customers are more likely to keep them. Making this connection, … [Read more...]
The COVID-19 pandemic has had a devastating effect on the global economy, and even after the emergency measures taken by the Federal Reserve, the Dow Jones Industrial Average plummeted nearly 3,000 points in a single day. This plummet was one of the steepest falls ever recorded, second only to the 1987 “Black Monday” market crash. This global crisis has brought many small, … [Read more...]
Whether you are an entrepreneur just starting out or an owner of a thriving business, optimizing your supply chain is a tasking process. From obtaining suppliers that you can trust to automating tasks that are repetitive, like data entry and inventory tracking, supply chain management is a complex process and is of high strategic importance. This article gives you all the … [Read more...]
Economic growth and sustainable development play an essential role in any successful business, but increased revenue through sales and market shares is what separates your business from your potential competitors. To achieve this, measuring and reviewing your business goals should be a fundamental part of your business plan. Whether you choose to enter an emerging market, … [Read more...]
Spring is a severe weather season, meaning most parts of the country will experience at least a few storms during the spring months. So, when your business has been in the crosshairs of a severe thunderstorm, there could be some significant cleanup to do. Here are six steps to getting your business cleaned up and ready for customers. Call Help for Downed Lines The most common … [Read more...]
From the outside looking in, investing in real estate seems pretty cut and dry. You find a property to purchase, complete necessary renovations, and put it back on the market for sale or rent to earn a nice payday. While real estate investing can be profitable, generating a decent return on your investment doesn’t come easy. As with any business venture, there are challenges … [Read more...]
Everyone should have an estate plan that makes handling their affairs easier if they should become unable to do so for themselves (i.e. illness, disability, death). Not only is it essential for safeguarding your family, but estate planning can also protect your business. This is especially true if you want to ensure that your business continues to thrive when you’re unable to … [Read more...]
As the world approaches an impending economic crisis, businesses in every industry are scrambling to put together effective plans of action. While large companies may have the resources to better navigate these uncertain times, smaller businesses are in a much more precarious situation. If you find yourself unsure about the next steps to take to keep your company alive, the … [Read more...]
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