KEYS TO SUCCESSFUL PARTNERSHIPS WITH LARGE COMPANIES BY SMALL BUSINESSES Many small business owners see large businesses exclusively in competitive terms. And for small enterprises, that characterization is an accurate one. An independent record store owner, for example, will undoubtedly and legitimately regard the arrival of a new record store...
Month: May 2021
WHY REENGINEERING OFTEN FAILS Reengineering is a management tool that is popular with many organizations. Like many such tools, it aims to cut costs while at the same time increasing productivity and providing higher levels of service. And while all this is true, reengineering still offers much more. The concept...
KEYS TO SERVICE BUSINESS SUCCESS Service businesses are enterprises that are established and maintained for the purpose of providing services (rather than or in addition to products) to private and/or commercial customers. Services have been defined as “activities, benefits, or satisfactions which are offered for sale or are provided in...
WHY LIQUIDATION MIGHT NOT BE A SIGN OF COMPANY FAILURE Many factors can contribute to tough financial times for a business, including a struggling economy, hostile takeover, natural disaster, or illegal activity such as theft or frauds. When a business encounters this type of financial turmoil, it may be forced...