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“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 …
If you are a start-up or fledgling small business, you understand the challenges that come with being a new entrepreneur. You may have little to no experience among already established players in the market. You may also be uncertain about what to expect, barring some research you’ve done on the …
3 Big Reasons Why Small Businesses Fail, and How You Can Avoid ItRead More »
You may feel like packing up and leaving when things get tough while running your growing business. But destiny favors the action taker, not the sleeper. If you’re not willing to do what it takes on a daily basis, without making excuses, then you can’t expect your business to take …
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