If there were ever a timely business book, “Save Your Small Business: 10 Crucial Strategies To Survive Hard Times or Close Down & Move On” by Ralph Warner and Bethany K. Laurence is certainly it. Promoted as a road map to small business survival, Warner and Laurence provide simple, no-nonsense, steps that can make a […]
Small Business Management Consulting Can Solve Problems What is small business management consulting? Technically, there is more than one answer to this question. There are many things that a company can achieve by using a small business management consultant. If a company has numerous issues that need to be addressed, a consultant may be needed […]
So you decided to start a business… now what? Before you get caught up in the daily routine of growing your company, take a step back and think what you will do with your business AFTER you spent all those thousands of hours building it. Or, if a tragedy strikes, ask yourself, what will happen […]
When talking about business related issues, solutions, and technologies, you will almost always group businesses as small and large. While the separation is there, it won’t be wrong to say that in a modern where digital technologies prevail, it should not be a problem for small businesses to compete with large ones. The large corporations […]
Are you a small business owner looking for ways to grow your business? Are you looking to attract more leads to your business, or have heard about Social Media Marketing, and now want to try it? As a small business owner you face many challenges – limited capital, minimal support staff and having too much […]
Most business owners probably already know that 20 percent of their product comprises 80 percent of their sales. Save time in the long run by discovering exactly which products or services are driving the business. Focus the majority of your energy on the important things and cut back on the time you devote on the […]
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 […]