Whether you are starting a business or already running one, the chances are that you are constantly looking for ways of ensuring that your business operations are not cumbersome. With a failure rate of 90% for small businesses, you must spend your time thoroughly analyzing what your business needs to ensure that it meets your […]
It can happen to any business. You might have had a bad year due to the widely felt ripples of the pandemic, or there may have been unforeseen changes in the market. Whatever the case, if you need to downsize your business, then you need to make sure that you do it as strategically as […]
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 […]
