Words are the essential tools of communication. But they are so much more. They convey information, they express emotion, they influence, persuade, motivate. They do all the things that a successful business wants to do – if they are used well. Or, if they are used badly, they undermine a […]
Business
In turbulent and uncertain times, it is tempting for companies to wonder whether if they do actually require a strategy. They do. By way of proof, imagine that you find yourself in the middle of a dark and hostile jungle. If you want to get out of the jungle, do […]
INNOVATION AND BUSINESS SUCCESS Innovation is the basic driving force behind entrepreneurship and the creation of small businesses. When an individual comes up with an idea that has not previously been explored, or a niche that larger businesses have not been able to exploit, he or she may be able […]
STEPS IN DETERMINING BUSINES HOURS The term “business hours” refers to the “open” and “closed” schedule that every business decides upon for its operations. Small and large businesses adhere to a wide range of business hours, depending on many factors, including target customer expectations and demands, technology, and seasonal fluctuations […]
BUSINESS EXPANSION AND RELATED ISSUES All successful small business startups eventually face the issue of handling business expansion or growth. Business expansion is a stage of a company’s life that is fraught with both opportunities and perils. On the other hand, business growth often carries with it a corresponding increase […]
HOW TO SUCCEED AT A TRULY SEASONAL BUSINESS In a business that is truly driven by the seasons, there are steps that can be taken to ensure greater success. The two most important factors are managing cash flow and hiring the right employees. Finding and keeping good employees is another […]
WHY EXIT PLAN IS IMPERATIVE FOR ENTREPRENEURS Many first-time entrepreneurs have questioned the need for an exit plan, or harvest plan, because they are more concerned with launching the business and making it a success than with thinking about how they are going to get out. But even though some […]
COMMON OBSTACLES TO BUSINESS GROWTH IN RURAL AREAS Rural businesses are those firms that are established and operate in rural settings, far from the metropolitan areas that have traditionally been the site of most non-agricultural business enterprises. Most businesses continue to conduct business in large cities or thriving suburbs, but […]
BUSINESS NICHES AND COOPERATIVE ADVERTISING Cooperative advertising is the sharing of costs for locally placed advertising between a retailer or wholesaler and a manufacturer. Many manufacturers have a set amount of cooperative advertising funds available per year, distributed as opportunities for collaboration arise. Manufacturers report, however, that much of this […]
STEPS TO DEVELOPING A WORLD-CLASS BUSINESS Becoming a world-class business is not a simple process, and requires effort and commitment from the entire organization. Developing a strategy is essential if world-class status is to be achieved. World-class is a concept difficult to define. However, an acceptable working definition is that […]
