Author Archives: Business First Family

Scanlon Plan Implementation Considerations And Benefits For Business

  A scanlon plan is a type of gain-sharing program that rewards employees for their contributions. It places an emphasis on group of employees performance. A scanlon plan is intended to boost profits by establishing a direct connection between work and reward. While implementation can be difficult, scanlon plans can help accelerate your company’s financial growth. If you are a ... Read More »

Customer Analysis Best Practices To Better Understand Target Audience

Business owners should conduct a customer analysis during the business plan creation stage, but may also coordinate one when considering marketing techniques. In either case, it is vital that business owners fully understand their customer base in order to be successful. Here are some important steps to conduct a successful customer analysis. Define Your Customer Demographics is the key word ... Read More »

Low Cost Marketing Ideas For Small Businesses To Engage Customers

Small businesses lack the resources and global recognition that national chains or corporations have. That is why ad campaigns may simply be out of reach for some small business owners. Consequently, they need to make use of every available method to ensure that they maintain financial health. A good way of accomplishing this is utilizing effective marketing strategies. If you ... Read More »

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