There is a very good reason that businesses are also called organizations; without proper organization, you can’t expect your business to really succeed in any meaningful way. But knowing that, and actually knowing what you can do to make your business more organized, are two very different things indeed,...
What’s your purpose in business? It's to make a product or service that changes the world somehow. It's not whimsical to think this way at all, because some of the best products ever to be created do just that, they change the way we all live. Some of the...
Starting your own business is one of the most exciting things that you can do. New beginnings are certainly the most exciting stage of business when everything is fresh and new, you are filled with ideas and passion, and everyone wants to be involved. In these early days, there...
As a small business there are many different hurdles you will have to jump over in order to be successful and make a lasting impression on your audience this year. One of the things which you need to be aware of as a new brand is the fact that...
Inventory management is an essential part of doing business, whether you’re a Fortune 500 company or a mom-and-pop shop. It will come as no surprise, however, that the majority of small and medium-sized businesses don’t operate best practices when it comes to their inventory. To say that current practices...
Taking your business global is a huge step, but if you’re going to continue to grow and there aren’t any new markets to tap into in closer to home, it’s the best thing to do. However, it’s important that you’re aware of the risks involved because you’re going to...
Many of us consider that our personal ambitions are important. Of course, they are. They’re part of us. They’re not just some thought in our head, those ideas, ambitions and that sense of purpose is part of our character, and to a large extent how we orient the path...
In business, we often put a significant emphasis on the idea of the ‘competition.’ Most of the time, we have an ‘us and them’ mentality to other companies. We scorn their efforts and do whatever we can to undercut prices and take customers. All is fair in love and...
Increasing numbers of people are deciding to set up their own small businesses. This isn’t all too surprising. Sure, the majority of people work in employed positions and there are plenty of perks that come hand in hand with this working situation. When you are employed you are provided...
By now, you know that getting goods from manufacturers to consumers is not as easy as it seems. That’s why supply chain professionals have such lucrative careers: They have the monumental task of coordinating everything to ensure that goods are where they are supposed to be at all times.It...