To expand and grow as a business is every company’s goal. This can sound like a difficult task especially for small to medium businesses with little financial pool to pull resources from. Thankfully, there are some things that money can’t buy, and that is a good approach to business. As a business owner, your approach
Small business owners will do anything just to keep the business running. They take time in hiring and training the right people, purchase their own quality equipment, and invest in the right marketing strategies. But for a business to grow, it needs working capital to unlock growth opportunities. Without enough funds to support the growth,
With negative news about the impact of COVID-19 lockdown measures on businesses taking up most news online and offline, starting a business might be the last thing in your mind. You might even consider the idea impractical and out of touch. Businesses reporting a massive decrease in revenue, people losing their jobs, and, most of
In January 2020, the United States and the rest of the world were enjoying an economic breeze. Industries are flourishing. Startups are popping everywhere. The technology is on the cusp of more discoveries. Even the unemployment rate in the country is at a low 3.5%. And then, the coronavirus hit us. Millions of people worldwide
In this day and age, strengthening business operations can be a lot of hard work. At the core of are your employees. They are among your greatest assets, and you should be taking care of them. Focusing on employee care will help increase retention. A lot of companies have come up with different ways to
Waste is all around us, even if we don’t see it. It many cases, it’s the ones that are invisible to the eye that cause the most damage. Millions of tons of microplastics, each about the size of a sesame seed, float in our oceans and have entered our food chain. Colorless chemicals are spilled
Business owners are aware that there are a lot of things to perform for their businesses to grow. Operations, manufacturing of products, and other essential tasks that lead to profit will be crucial in your venture. As the leader, you will have to oversee everything, including minor activities. However, you will find that some of
Now more than ever, small business owners need to more vigilant with their management skills and operations. According to experts, as many as 20 percent of small businesses don’t make it past their first year. Even worse, 30 percent of the companies that do make it through their first year won’t make it past the
Some people think entrepreneurs are crazy for starting a brand during a world health crisis. After all, many got laid off of their jobs while others closed down their business because their company was impacted by the pandemic. Why would you pick a recession out of all possible times when starting your own brand?? Entrepreneurs
One of the business owner’s primary responsibilities is to protect their business, along with the employees. It is not only a wise thing to do but also a guarantee that the company will be protected when something unexpected and unfortunate happens. We have listed below some top reasons why you should get insurance for your