7 Skills Small Business CEOs Have to Acquire as Their New year’s Resolution in 2023

As a small business CEO, it is important to continually learn and grow in order to stay competitive and lead your company to success. As we enter 2023, it may be a good time to reflect on the skills that you need to acquire or improve upon in order to reach your goals.

Learning businesswoman

Here are a few skills that small business CEOs may want to consider adding to their list of new year’s resolutions:

1. Financial Management

As a CEO, you are responsible for managing the financial health of your company. This includes creating and sticking to a budget, forecasting future expenses and revenue, and making strategic financial decisions.…

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Small Business CEOs Have to learn about ChatGPT: Here’s Why

As a small business leader, it’s essential to stay up to date on the latest tools and technologies that can help you run your business more efficiently and effectively. One tool that you may not be familiar with but has taken the world by storm is ChatGPT.

ChatGPT

What is ChatGPT? How Does it Work?

ChatGPT is a powerful language processing model developed by OpenAI. It’s designed to understand and respond to messages and questions that people send it, using artificial intelligence and machine learning techniques. It’s essentially a computer program that can understand and respond to human language, making it a valuable tool for businesses looking to streamline their operations and improve their online presence.…

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Buying Vehicle Fleets For Your Business? Why You Should Get Diesel Engines

If you’re part of the logistics industry as a manager or coordinator, you would know just how important it is to maintain a good fleet to keep your business running.

Company fleet running on diesel

The thing is, buying the right kind of vehicle can be tricky, considering all of the options enterprises now have. Fortunately, you can start by knowing which is your preferred type of fuel.

There’s been a lot of debate about using diesel or gas-powered motor vehicles. But lately, many companies have been going with the former.

Essentially, diesel engines refer to internal combustion engines that use increased temperature inside a cylinder to ignite diesel oil through mechanical compression.…

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Most Common Types of Investments for Small Businesses

When it comes to the relationship between businesses and investments, people typically think of businesses trying to get financial institutions to invest in them. Though this does happen frequently, businesses also look for ways to invest their own money to help themselves grow.

Small business investing

Gaining a deeper perspective on the typical ways that small businesses invest their money can give one a clearer understanding of small businesses and how they function.

Here are the most common types of investments for small businesses.

Stocks

Stocks can be described as small pieces of ownership that individuals and organizations can purchase from companies. These stocks can change in value depending on the success of the business and other factors such as the market’s climate at any given time.…

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Two-Way SMS Messaging: A Beginner’s Guide

Have you ever sent a text to a business and received a response within minutes or are you planning to set one up for your business?

Two-way SMS

Try two-way SMS messaging. With Two-way SMS, your customers can send and receive SMS from you through a dedicated number via a web-based messaging platform.

What is Two-way SMS messaging?

Two-way SMS is done using shortcodes or virtual mobile numbers to reach a large number of customers effectively. It turns the most convenient medium for messaging into a channel for conversations and expands the functionality of text messaging by giving your business a platform for two-way communication with your customers.…

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Property Market: Is Buy-to-Let a Good Investment?

The property market has always been a relatively strong one in which to build a business; property values trend upwards over time in spite of short-term market aberrations, creating powerful opportunities to generate real returns on investment. There are numerous ways to engage with the market, from investing in property construction and development to managing properties from a rental perspective.

To Let property

Indeed, the latter model has become one of the more popular ways for people to engage with property, as individuals seek semi-passive ways to bolster income and entrepreneurs seek business opportunities from a growing rental market. This new wave of landlordism was recognised by the UK government in the mid-1990s, and bolstered with the introduction of the buy-to-let mortgage – which itself spurred a new ‘industry’.…

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What are The Main Challenges Faced by UK Businesses in China?

Entrepreneurialism is well and truly a virtue in this day and age, when the business landscape in the UK is the friendliest to start-ups it has ever been. But, despite the major victories won by small businesses in recent years, the domestic landscape is becoming more hostile.

Rolls Royce

photo credit: charlie0111 / Pixabay

Rising inflation, and consequently, rising overheads, have made it nigh-impossible for certain businesses to turn a profit. Meanwhile, our changing relationship with the Eurozone has led to increased red tape and higher import costs. As such, expanding internationally means something different to today’s growing business.

Indeed, businesses are more often looking farther afield to grow their footprint, as trade deals are struck with non-EU countries.…

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The Importance of Writing Scholarship Application Essays

Whether you’re applying for a scholarship or simply looking to make a great impression, writing a scholarship application essay yourself or hire someone from the best essay writing website is an integral part of the process. It’s a way to showcase your accomplishments, tell a compelling story, and connect with your audience emotionally and sensibly.

Refining content

Tell a true story

Having a robust and unique narrative can help you win a scholarship. The most compelling stories are those that capture the time, place, and character of the storyteller. These essays are more memorable and able to engage the reader.

A scholarship application essay is your chance to showcase your unique traits.…

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Should You Buy an RDP Server for Remote Work?

Ever since the Covid pandemic, most businesses have had parts or most of their business operations converted into a remotely worked procedure. While initially it was speculated that with the pandemic wearing off jobs would be restored to their on-campus status, many businesses have stuck with the remote work protocols. As it turns out, remote work offers advantages for both employees and employers.

RDP server

When we get technical with remote work we quickly find ourselves talking about the different remote access protocols. RDP is one of the most famous and commonly used of these protocols, with an exemplary operational history dating back to the 1990s.…

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Finding a Lean Marketing Strategy That Works in Tough Times

Everywhere you look these days, it seems marketing budgets are being slashed and teams are finding themselves having to do more with less.

Lean marketing strategy

Meta losing two thirds of its value is a microcosm of a larger problem: paid advertising is facing issues on many fronts, with Twitter and Meta in a mess, and Apple’s change to their privacy policy leaving vendors disappointed with results from paid online ads. With the ever-present “recession” looming (even if it is the by-product of someone sneezing and everyone panicking) companies are becoming twitchy. Marketing strategies, more than ever, need to be delivering for a lower cost.…

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