Different business owners vary in how they do things. Some like to fly by the seat of their pants, while others want to accomplish specifically defined tasks. Some feel that the pressure of a last-minute presentation improves the product, while others prefer to have everything completed and ready for client review well in advance. There…
Remote meetings have become a necessity in today’s world. A large percentage of employees are still working from home. Recent studies show that out of those employees who say they can work from home, 71% are working remotely. That is a massive upswing from 2019 numbers when three-quarters of the workforce had never worked from…
Businesses work with risk and work to mitigate risk every day. There are widespread news stories when big-name companies fail to mitigate risks. For example, we have all heard about cybercrime completely halting big-name companies with disastrous effects. Previous to that, we heard about companies who had to close their doors for good because of…
Building an effective referral strategy is vital to overall business growth. Don’t believe me? According to Forbes magazine, brands that provide superior customer experience bring in 5.7 times more revenue than brands that lag behind. Additionally, the same article states that loyal customers are four times more likely to refer a friend to a company.…
The fourth quarter of the year can feel like a scramble, and there are many tasks to accomplish and only three months left in the year. On top of this, the holidays are right around the corner, and marketing teams are ramping up their campaigns. It can be easy to get lost at the end…
Most businesses have a strategy laid out that includes objectives and the actions needed to attain them. Ostensibly, completing each step will ensure your team eventually reaches the stated goal. But what happens if you don’t achieve the objective? How do you determine what is going wrong – and how to fix it? This article…
Scaling your business is a delicate process. You want your business to grow exponentially, but you also need to ensure that the growth is sustainable and supportable by your company practices. The sustainability piece is vital – setting up your business to support sustainable development is the only way to scale over the long term.…
This year has been remarkable in many ways, making it difficult to plan ahead. However, as the holidays approach, it’s time to think about the challenges that will come up and solutions to those challenges. Five Challenges Most Businesses will Face During the Holidays While every industry is facing complications during the holidays this year,…
Many business owners hope that they will be able to execute an exit strategy one day, leaving their company to grow without them at the helm. If this is your goal, you need to set down a good foundation now, well before your planned exit. Establishing a foundation early on may seem like something that…
We have seen about three quarters of 2021, so now is a great time to take stock and ensure you are on track to reach your business goals. Companies began the year in a variety of situations. Some businesses had never seen such great sales figures, while others had just reopened. As the year has…