What is flexibility in business? Fundamentally, it’s the ability to adapt to short-term change. It’s the capacity to move with the times and “go with the flow” as the Taoists put it. But achieving flexibility is easier said than done. Yes, there are many ways that you can achieve it, but we don’t always have […]
The old adage is that you have to spend money to make money. This is pretty much true in almost every way that matters, and will continue to be true until you stop trading. Yet wanton spending is, of course, just a habit, not necessarily a sound investment strategy. While we cannot calculate the return […]
Quite a few people have thought about starting a company. Not many people actually go for it. Those that do often find that there are multiple unexpected tasks to look after. There will be obvious things to focus on, such as developing your products, marketing them, and hiring and managing employees. Beyond that, you mightn’t […]
The Small Business Administration (SBA) indicated 30.7 million small businesses make up 99.9% of all companies in the US. However, the US Bureau of Labor Statistics reveals that 20% fail in the first year. The challenges often stem from doing the fundamental things right to ensure business longevity. Fortunately, identifying and taking the proper steps […]
Running your own company is a difficult task. It has many advantages and benefits, and once everything is operating smoothly (or as smoothly as possible), you can step back a bit more. However, there may be moments when you will feel overwhelmed by what is going on around you, especially in the beginning, but also […]
