Building a team is hard work, but the payoff of doing so is immense. When you build a high-performance team, you have a group of people invested in the success of your business and who you can rely on for advice or assistance when needed. This kind of synergy leads to better results, greater satisfaction…
Inflation is a big deal. It’s a stealth tax that eats away at your profits and savings and can even cause you to lose customers. Inflation is a general rise in the price of goods and services over time. In other words, the same basket of groceries that cost $50 last year will cost you…
Every year thousands of startup businesses launch, with hopeful entrepreneurs taking a risk to try and cement their new company within the industry of their choice. Just 10% of those businesses will succeed. In fact, two out of ten startups will fail in the very first year. Why do so many startups fail? Global funding…
10 Planning Tips to Prepare Your Small Business for Expansion When you first start a business, your thoughts will be focused on survival. But, in time, your business will become established, and then your mind will turn to expansion. Your market research might have shown you that there is scope to expand your operations. There…
Why Customer Reviews Are Critical for Your Business The simple fact is that your business needs customer reviews to stay competitive. Some executives would scoff at that statement; others would acknowledge its truthfulness but argue that customer reviews are not an urgent priority for their organization. However, here are just a few of the key advantages…
10 Reasons to Document Your Business Processes Documenting business processes might seem like a waste of time. After all, why would you want to write down what you already know? However, there are many benefits to be gained from process mapping that you may not have considered. Indeed, documenting business processes could reveal inefficiencies, improve…
The Top 5 Productivity Habits of Highly Successful People Have you ever wondered how the world’s most productive and successful people manage their time so effectively? How does Warren Buffett maintain his position as one of the world’s most successful investors? How does Elon Musk lead three companies – Tesla, SpaceX, and Neuralink – and…
9 Tips for Growing Your Small Business Starting a business is easy but taking it to the next level can be challenging. You will need to go beyond your normal operational measures to attain your goals. Fortunately, it is possible with the right tactics up your sleeve. However, business success is gradual and doesn’t occur…
10 Tips to Ensure Brand Consistency on Social Media A life without any surprises would be dull. However, when it comes to branding, consistency is everything. Suppose you saw a McDonald’s restaurant without Golden Arches. In that case, you might keep on driving until you found another restaurant you recognize. And, if you ate a…
10 Tips to Help You Get to Know Your Customers Better You will almost always find “get to know your customers” at the top of most lists of marketing tips. Undoubtedly, buying your products will help you target marketing more effectively and develop more products that your customers will love. However, how do you go…