If you want to place your sales teams in the best positions possible to be successful, then you have to think about S&OP. This is a great way for you to learn more about everything you need to do to take advantage of the current market conditions. At the same time, there are a lot of steps you […]
The past 12 months have been difficult for individuals, families, and small businesses alike. Now, as the economy begins to open up again, a lot of people are taking look at its current status, wondering what the future might hold. Even though the markets may be high right now, there are a lot of people […]
When thinking about profitable and successful business niches, some people don’t naturally assume that interior design is one of them. Yet, it’s a marked reportedly worth a whopping $40.7 billion in the United States alone! Interior design is a service industry where businesses have clients from all walks of life, ranging from celebrities and high […]
Profit margin is a metric that should be on every entrepreneur's radar, and for a good reason. The profitability of your business is the only way you can answer critical questions about your business operations, like whether or not you are pricing your products and services correctly and making profits or losses. Increasing your profits […]
No matter the industry you operate in, starting your own business is nothing short of a momentous decision. In addition to marking a milestone step in your career, it also goes a long way towards shaping your future. However, starting a small business from scratch is no mean feat. From getting necessary registrations to setting […]
If you have worked in an office environment or run a business during the last 20 years, you probably have extensive experience with Microsoft Excel. While you have likely not yet explored even a small fraction of Excel’s vast potential, you are comfortable with it. Likely including some basic functions, navigation, and equations. If you […]
If you’re interested in investing in real estate for the first time, you’ll need to be aware of not only the opportunities out there, but also the challenges you’re likely to face. Yes, it’s more than possible to make money investing in real estate, but that doesn’t mean you can assume it’s all going to […]
Not everyone can take the lead, but there’s no harm in trying. Some employees deserve to get elevated to a leadership post because of their hard work and dedication. However, there might be some projects where other employees can take the lead. Allow everyone to take on these roles for a host of reasons by […]
The process of buying a business is very complicated to do. While anyone can buy a business, choosing the right one at the right time requires a lot of time and effort. If you are already a business owner, you need to focus on it while you're looking to buy a new one. For the […]
Hiring your company’s first employee is an exciting yet daunting task. After months of working by yourself to build your business into what it is, you have finally decided you need some help. But as nice as it may be to have an extra pair of hands around, it also means you have to put […]
Sales without marketing is like having a restaurant with no menu; marketing without sales is like having an online delivery service with no drivers. But what is really the difference between sales and marketing? In a nutshell, sales is the exchange of goods and services, whereas marketing is the chain of activities that promote the goods […]
Small and medium enterprises are now too familiar in many countries worldwide. Interestingly, these businesses are also doing well and account for a good percentage of several national GDPs. A small business, like any other, can have some challenges as much as the company needs to grow and expand. You, therefore, must get it right […]
For every business owner, your working team is the backbone of your company. Whether your business will succeed or not will depend a lot on your staff and how you bring out the best in them. One of the most effective ways to motivate your team is by encouraging them to apply innovative thinking while […]
Remote work has been on the rise even before the pandemic. For many businesses in the tech and digital industry, working from home is not an entirely new concept. But as more companies adjust to the "new normal,” hiring remote workers may not be as easy as it looks or sounds. In addition, the opportunity […]
Positive customer service experiences are integral to any organization. As customers are increasingly more vocal about their needs, companies have adjusted their strategies to stand out from the competition. One way to excel is by employing an answering service that is well equipped to handle customer service needs. If you are constantly struggling to adequately […]
In the retail industry, pop-up shops or stores are very popular nowadays because despite being only a small investment for businesses, they effectively bring products in front of new customers and boost brand awareness. With a pop-up shop, you can get immediate and valuable customer feedback that you can use to improve your products, services, […]
When you are in the early stages of starting a business, you need to take careful consideration in how you will operate. It would help if you had a solid idea in what direction you initially want to take your business and have some goals set. It’s possible to start a business without a solid […]
Technology, online commerce, and the need for immediacy have revolutionized even the way companies and individuals manage their finances. Currently, the digitization of the financial and accounting field is a challenge that both the customer and the merchant must take on. No one should be left behind. IT services have largely contributed to the revolution […]
As a business owner, you want to enhance your customer base consistently. You may have to work with multiple approaches to acquire new customers every time and to gain their loyalty towards your brand by implementing the proper customer acquisition techniques to achieve your desired ROI and compete in the market. It can be challenging […]
Most startup businesses begin their journey somewhat cash strapped and intent on keeping things lean. This usually means taking care of business functions like marketing in house, which is fine at the beginning, especially if the company already has some digital marketing knowledge. However, a company’s marketing needs will eventually get to the point where […]
