Over 50 percent of businesses fail within the first five years. However, failure doesn’t happen overnight. If you take a closer look at the functioning of a business, you’ll spot key signs that can help you determine failure months before it occurs. Some of the signs include poor cash-flow, low sales, lack of innovation, and inability to embrace digital transformation. Oftentimes ... Read More »
Life in the hospitality industry can be grueling. But, for a certain group of people, it can also be incredibly rewarding. Knowing that you have given a family priceless memories of a happy vacation or made a couple’s 50th anniversary the night of their dreams gives you a special joy that cannot be found in other careers. But, even though ... Read More »
Finding a manufacturer is more difficult for small business owners. Oftentimes, you guys are the ones with limited resources or knowledge of what it takes to find a good manufacturer stateside, let alone one in China. However, Chinese manufacturers can produce high quality items for cheaper prices that allow you business more room to succeed. That is why it is ... Read More »
For employees to be fully satisfied, there has to be a quid pro quo relationship between them and their employer. When employees are doing well, employers are doing better. Many in business don’t take this into account, and so try to “fix” the “books” against certain workers. They cut costs and expenses, ultimately harming workers. A perfect example might be ... Read More »
Human resources departments handle a lot of complex tasks with ease. But for small business owners, human resources management can be one of their most challenging areas of operations. Thankfully, HR consulting firms offer the perfect response for these challenges. Find out why you should consider hiring an HR consultant for your small business below. Help With Automation A lot ... Read More »
When it comes to ecommerce, there is certainly no lack of competition. This is especially true when you open a store on a popular ecommerce platform like Amazon. Amazon sellers have the hardest time getting their products noticed on the highly competitive platform. But, there are ways that you can give your products better odds at getting noticed by online ... Read More »
Are you working at a 9 to 5 job doing things everyone else seems to be doing? Do you wish you could be doing something more fulfilling? If you answered yes to both questions, you’re probably looking to land the career of your dreams. If you’re unsure how to attain a position that you thought may be out of reach, ... Read More »
Does newspaper advertising still work? Considering the digital age we live and work in, printed paper news might seem a little old school. Contrary to this notion, newspaper advertisement placements are highly effective. Marketing professionals should be using newspapers and print media to increase their advertising ROI. In this post, we’ll cover why newspaper advertisement placements are working alongside other ... Read More »
Hard money lenders are often given a bad reputation in the public sphere. This is particularly true for business owners, who often hear nothing but negatives about these alternative finance sources. But, financing business with hard money loans can still be a viable option for some business owners to consider if they have already maxed out their credit car limit. ... Read More »
The size of people’s businesses sometimes scares them into believing that there is nothing they can do to increase sales and broaden the customer base. To the contrary, there is a lot that even the smallest business can do to get a bump in attention. One of the things that a small business can do is host an event. Of ... Read More »
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