When you run your own business, financial slumps are inevitable. Few companies can start their businesses and keep them growing and thriving from the beginning without any financial hiccups along the way. Starting your own business will always be a financial risk. The important part […]
For most consumer-facing companies, profit is a product of two factors: revenue and expenses. Revenue is the income generated by the sale or rental of a company’s goods and services, as well as income earned through investment. Expenses generally include the cost of goods sold […]
All small business owners depend on their customers to maintain the costs of operating a business. With the digital transaction industry becoming more complicated and advanced, it can be difficult to decide which is the best digital payment solution for your company. However, business owners […]
Business leadership isn’t about doing more than everyone else: A talented manager is one who can build a team that they are comfortable delegating work to. This ensures that the workload is fairly distributed and everyone can work to their full potential. In fact, CEOs […]
Summertime can have varied effects on your business. For some seasonal businesses, it’s the time to hit the pavement and make money that will make up the majority of their revenue. On the other hand, the season can bring a lull in sales and cause […]
A recent study found that 67 percent of entrepreneurs eliminate their commute to get more work done and improve productivity. But of those surveyed, only five percent said higher productivity is the biggest benefit of working at home. Instead, the entrepreneurs noted that a flexible […]
How would you describe your management style? So much emphasis is put on what divides ‘good managers’ from ‘great leaders’ that we often fail to notice how one-sided both of these terms can sound in the workplace. Instead, managers are discovering that ‘coaching-style’ leadership brings […]
Google My Business is a relatively new marketing tool that gives business owners more control over the way their company appears in search results. Although it has been around since June 2014, Google My Business is truly coming of age at the start of […]
Running and growing your business requires access to capital. In ideal circumstances, you will have enough working capital to manage expenses — both expected unexpected. Unfortunately, reality can be far from ideal, and in many cases, business owners must consider borrowing funds to cover their […]
In marketing, positive word of mouth is the gold standard. In fact, according to a Nielsen survey on global trust in advertising, consumers rated “recommendations from people I know” as the most trusted form of advertising from among 19 marketing tactics, and a whopping 92 […]