When starting a new business, there are numerous signs that can indicate whether you’re succeeding as an entrepreneur or aren’t. A small business can be risky. This is particularly true if you specialize in a niche that bigger companies already excel in. However, if you display some particular qualities, it’s a sign that you’re doing […]
Insufficient funding is one of the top reasons why 80% of businesses fail within the first year and a half. As a business owner, not only do you have to cover all operating expenses, but the time and effort needed to succeed means you will almost certainly have to bid farewell to your day job […]
Planning for the succession of your business can be a daunting thought. Unfortunately, many people continue to grow their business without planning what will happen when they retire or die. Small business owners are particularly hesitant about estate planning because they are overwhelmed with daily operations. Additionally, they are often reluctant to make decisions that […]
Growth in a business is essential. How much growth, depends on your vision for your business…. Many business owners often confuse growth with expansion. Expansion is moving into new product lines, new services and new areas. Growth is increasing your capacity to continue with the products and services you have. Growth may require expansion, but […]
Business, like any other entity, demands growth, especially when in the embryo stage; embryo in the sense that when it has not gotten the blue-print to be successful and make waves. What is then to be done to make sure that it gets the proper footing when trying to launch or gain popularity, the business […]
Who is this person? The prime goal of every company, big or small, is business growth. While running a business, you might have hired specialists for marketing, sales, finance or even business, everyone who you think is required to make your business a success. But you still feel that although your business is successful in […]
The evidence is very visible and many have already spoken that innovation is the core element in creating new versions of growth. Long-term business growth requires an authentic innovation. However, it is not easy to detect what kind of innovation shall click and that will lead to platforms of development. And there are a lot […]
If you are interested in growing your business, you may need to work on yourself as a person. Self improvement is a great tool for improving your business. Most people never think about how they could improve themselves to make their business grow, but there are actually some things you can do to improve your […]
AFAB (A-fab) noun: 1) a sale of “anything for a buck” in order to generate revenue and keep billable employees busy 2) a business situation which can impede company growth, differentiation and/or profits 3) in more mature firms, a symptom of lack of focus on specific product or service offerings ******************** However you define it, […]
So you’ve got ambitions to grow your business to the next level, and your wondering where to go next. Before you start making decisions have you considered whether your business is ready for growth? Ensuring your business is ready for an increase in business is just as important as having a way to generate that […]