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 […]
Tag Archives | Business Tips
Becoming Flexible Is Your Business’s Superpower
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 […]
Level- Up Your Start-Up With These 3 Investments
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 […]
Tasks Small Business Owners Might Not Realize They Need To Do
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 […]
Practical Things Every Small Business Needs to Do
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 […]