Whether you are just starting out or you have been running a business for some time, we all have the desire to succeed. We are always looking for innovative and unique ways to constantly improve our businesses. Unfortunately, you might have tried every trick in the book, and nothing is working out. Here are five unique ways that you may not have already tried to minimize risk, … [Read more...]
Owning and running a small business can be tough. This is especially true if your SMB is new. In fact, 30% of new businesses are expected to fail within their first years. Furthermore, 50% will fail within the first five years and only 44% will make it past the first 10 years. To be one of the 44%, it takes skill and, along with that, a greater knowledge of both processes and … [Read more...]
You have watched every episode of Shark Tank. You have read Mark Cuban's biography. You have opened your fair share of lemonade stands. Now, it is time for you to open your own business. Although everyone has his or her own opinion on the benefit of a college degree, here are five reasons how a college degree will help you run a successful business. College is What You Make … [Read more...]
As technology continues to evolve, businesses are forced to overhaul the way they conduct themselves. While many entrepreneurs have benefitted from using new technologies in new ways, the future promises even more. Cloud computing, for example has eased delivery of services, reduced the cost of doing business, and increased profitability. Here are four other technologies that … [Read more...]
In mid-2015, Tom Corley, president of Cerefice and Company and author of Rich Habits: The Daily Success Habits of Wealthy Individuals, shared on his website (Rich Habits: The Key to Success and a Happy Future) one of his key research findings after studying a number of self-made millionaires. After assessing this group of individuals more closely, he discovered that “85% read … [Read more...]
The Alternative Board (TAB), an international provider of executive peer advisory boards with over 3,000 members worldwide, recently released the results of their September 2016 Small Business Pulse Survey. If you’ve not yet heard of it, this is a survey that obtained input from hundreds of business owners to determine the qualities that separate a strong company culture from … [Read more...]
The differences between a mediocre manager and an extraordinary one are many. Depending on the specific managers in question, there are likely to be many differences in style and approach between any individual and the next. But which combination makes for the perfect manager? Keep Striving to Be Better The desire to become a better manager is the key to actually becoming … [Read more...]
If you could join a group that would offer you opportunities to learn and grow in your industry and to meet other small business professionals, would you do it? As a small business owner, you should consider joining a professional organization. By definition, a professional association is a group that brings together people with an interest in advancing in a particular … [Read more...]
The debate is still on as to whether or not technology in the classroom is a hindrance or an asset. Some people think that integrating technology with education will cause students to disconnect from real life interaction and cause teachers to rely too much on artificial intelligence. However, many other people believe that technology can be a positive supplement to … [Read more...]
The best things in life may be free, but the same cannot be said for business. All businesses, no matter the size, are conscious of the need to keep costs low and revenue high. But there are times when money well spent becomes an investment in the vitality and longevity of your business, and money withheld can spell disaster. For a startup or a fledgling small business, … [Read more...]
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