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“Luck is what happens when preparation meets opportunity.” Darrell Royal, Former Head Football Coach, University of Texas Every business should have a relationship management system. This system records everything you need to remember about your clients and prospects, vendors, service providers, anyone you need to contact in order to …
Relationship Management – Keeping Track of All the PlayersRead More »
“It’s what you learn after you know it all that counts.” – John Wooden, Legendary College Basketball Coach Factoring receivables is one of those old ideas that has enjoyed new life in this ever-changing and unpredictable economy. A long time ago, there was a bit if a stigma associated with …
As competition continues to increase in many industries, providing an exceptional customer experience is especially important. Customers have many companies to choose from when deciding to make a purchase and they are often willing to pay more for a superior customer experience. Personalizing the customer journey is one way to …
The COVID-19 pandemic has caused many companies to make changes to their business operations. Some have had to completely pause their operations, while others are functioning on a more limited basis. Still, others have found ways of pivoting to keep their business afloat. A crisis highlights the significance of having …
How to Cut Costs in Your Business during Uncertain TimesRead More »
When creating a new business, the question often arises “how many niches should I focus on?” Some will say that it is best to focus on one niche, while others say that you can focus on more than one. In this article, we explore the question of how many niches …
How Many Niches Should You Focus on In Your Business?Read More »
Create Resolutions for the New Year We all tend to create personal resolutions for the new year, but it’s also important to create ones for your business. Take a look at your business plan and update it as needed. Decide where you want your business to be by the end …
It is important to continually set goals for your business, to keep it going in the right direction. Many people set goals at the beginning of the year, as a New Year’s resolution. However, business goals should be set, monitored, evaluated, and adjusted throughout the year, as needed. In this …
Many of us have product ideas that occur to use occasionally. But not all ideas are worth making into reality. Some are marketable and sellable, while others are not. Creating a new product can take a lot of time, money, and effort. So before you go down that road, you …
5 Tips for Knowing if Your Product Idea Will SucceedRead More »
Your business costs can change dramatically over the months. Your vendors may boost their prices, you may need to spend more on tools, software, employees, and more. Evaluating your business costs, at least every six months, will keep you aware of how your costs are changing over time and what …
You may have reached a point in your business where you want to start scaling. To do this successfully, it is important to have effective systems to support your operations, as well as a dedicated team. As your business grows, you need to be able to maintain the quality of …
