If you’re tempted to make the move from full-time employee to master of your own destiny, you need to consider what your top priorities will be for the first twelve months of your new venture. You will be foregoing the luxury of a steady wage, excellent promotion prospects and...
No matter where you stand in business, be you fresh out of business school or an experienced professional, there are certain people you need to have on speed dial. You never know when you might need them, so consider the following, and then add those people that relate to...
There are many ways in which a modern business can start struggling, but poor sales figures are the clearest. Without revenue, everything else the company sets out to achieve feels almost redundant. So, if the venture isn’t performing, increase sales figures will often be the best solution. Encouraging more clients...
Communication is the cornerstone of all good businesses. It’s important that all of your employees are on the same page when they’re working on projects together and it’s important that you can communicate your expectations to them efficiently. When communication breaks down, efficiency really suffers and your business is...
Good business vibes are the sort of vibes everyone needs when it comes to running a business. A bad business can always be spotted a mile away. If you have a shop, you want people to leave your store thinking they’ve had a great experience. The same goes for...
When you are running a successful, modern business, you need to make sure you think about what you can do to enhance the company. In the modern world, a business has to be so much more than just functional. It is also necessary for every aspect of the business...
You might have the strongest sales team in the land, but all of this is for nothing if you don't get your prospects right from the start. Fortunately, modern technology has meant that companies are able to filter their prospects much more easily. Of course, that doesn't mean to say...
Financing a business isn’t as easy as it used to be. As of last July, the small business loan approval rate was only 23.1%. This was a slight drop from the prior month, but is still significantly lower than the approval rate for SBA loans before the credit crisis. Fortunately,...
Running a business relies mainly on customer retention, which means ensuring that your customers return to use your products or services time and time again. Customer retention is boosted by customer satisfaction so if you get the customer satisfaction side right then the retention aspect of things will look...
The paint and coatings industry needs high-quality chemicals to make high-performance products and to complete difficult tasks. If you work fora business within this industry, you should find a supplier with years of experience in the field and an innovative portfolio in order to get these chemicals. New and inventive...