Part of the profitability of certain industries is dictated by the state of the economy most of the time, which means that economic recession and crisis can impact all industries. Aside from that, the profit produced from a retail store or chain is dependent on its competitors and business plan. The …
Business Plan Articles and Interviews (tag)
5 Tips to Turn Your Vacation Rental into A Successful Small Business
Are you looking for advice on how to turn your vacation rental property into a thriving small business? Well, you’ve come to the right place. We’re going to fill you in on some easy tips for renting a vacation home as well as the steps that need to be taken to ensure your guests feel at home and …
7 Ways HR Management Software Can Benefit Small Business Owners
With more and more business administration tasks transitioning to online functionality, it’s no surprise that HR management has made the leap, too. Just hearing the words “online functionality,” however, makes many small business owners cringe. Common concerns are it’s too complicated, their …
Financial Mistakes That Could Cost Your Small Business
Now, more than ever before, more people are deciding to take a leap of faith and start a business. While that’s great news, the downside is that only about half of these businesses will actually succeed. There are several reasons businesses fail, yet money matters remain at the top of the list. …
Top Tips for Marketing to College Students
You should know the available resources and these resources should then be used to create the products to sell to the customers. That is only the beginning. Your company’s success is reliant upon revenue, which depends on the quantity of sales made by the company. Since other businesses may pose a …
5 Factors to Consider When Crafting a Return Policy for Ecommerce
Between the many things an ecommerce business owner must keep in mind, a good return policy is something that should not be overlooked. Research shows that customers have very strong opinions about what makes a good return policy, and many people will not hesitate to take their money elsewhere if …