What To Do When Your Business Is Turning South

As entrepreneurs, we all strive to build businesses that create value in the ecosystem, make money and help stakeholders establish a profitable venture. That does not always happen.

How to deal with a declining business

Businesses fail due to various reasons and in the worst cases can also shut down. How do you prepare yourself for such an eventuality? Here are a few things to look into.

Closures for reasons beyond your control

There are many reasons that are outside your control as an entrepreneur. There could be serious damage to your property or equipment. Even if the assets can be salvaged, this takes time and could thus interrupt cash flow.…

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Complete Guide To Starting Your Own Business

There are many amazing benefits to starting your own business – you have the flexibility and freedom to be your own boss and choose your own work schedule, plus the potential to receive incredible financial rewards. However, setting up a business takes hard work, time, and dedication, so you want to do everything possible to make sure it’s a success.

Business people starting a business

With this in mind, here’s a complete guide to starting your own business.

Develop the necessary skills

Advancements in technology mean that businesses are constantly evolving to meet the growing needs of modern society. It is therefore important that you develop the necessary skills and knowledge to be successful in the every-changing business world.…

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7 Things You Didn’t Know About Starting a Small Business

Going into business is both exciting and daunting, and if you get bogged down in trying to cover all the details before you’ve opened your doors (real or virtual) you’d likely put yourself off starting up.

That said, there are certain things you may not know or have perhaps underestimated about starting a business.

Salon business using POS system

1. Certain tech and equipment aren’t luxuries

Quite rightly you should look to minimize expenditure and avoid spending on equipment and services you may not need, but certain aspects aren’t luxuries; they’re necessities to compete:

Sales and inventory systems – efficient transactions of retail sales are expected now, so investing in modern POS (Point of Sale) systems is important.…

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Shifting Methods: 4 Ways to Take the Stress Out of Shift Planning

A well-staffed shift does not happen by coincidence, it’s engineered through smart shifting methods and efficient planning. Shift planning should be something that adds value to the function of your business, rather than slowing it down. If shift planning is taking you or your management away from crucial work and opportunities for improvement, here are some tried and tested shifting methods that will ensure productive days and reduced administration requirements.

Two managers planning work schedule

1. Retire the paper pushing

The familiar paper timesheet and roster have faded away in recent years, and what a miracle that is. These paper solutions have made way for more reliable shift planning tools.…

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How Can a Distracted Generation Learn Anything?

Hardly unnoticed today is the level of distraction easily seen in today’s youth. In our digital-everything world, video screens on phones, TVs, tablets, and computers play a role in distracting attention from tasks to messages and images vying for the viewer’s attention.

Bored and distracted student trying to focus

As distraction grows incessantly, science shows the compulsion for this behavior might affect how our brains work. New research reveals that younger brains can process information faster today than at any other time, which makes task transition easier. The findings also show that people growing up in this new era seem better conditioned for constant task-to-task transition. So, how can a distracted generation learn anything?…

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Do You Know The Definition of WINNING?

That is what I would like to ask you right now… If you don’t know the definition of “winning” how can you ever be a winner? ~I would like to share a few of my ideals on how people win and help you find out subconsciously what “winning” means to you. After all, isn’t that what winning is all about… what it means to you!

Group of entrepreneurs holding their hands up as winners

5 ways I think about winning are:

1. You Win When You Are Comfortable.

This is the person who feels that sense of accomplishment. His primary goal is to go through life as comfortably as possible.…

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The Advantages of Using VoIP for Your Business

VoIP or voice over IP technology has been around for a while and is being used by businesses big and small. VoIP uses broadband internet to transfer voice data in the form of digital packets. While it can be used to reduce your overall costs on calls, this is not the only reason why VoIP can be such a powerful tool. The fact that it digitizes conversations makes them much easier to search, classify, mined for data, distribute, and store. Let’s take a look at some of the many benefits VoIP could have for your business.

Entrepreneur hold smartphone while using VOIP

Cooperates Better with Omni Channel Tools and CRMs

One of the things that make VoIP such a great solution is that it can have a profound impact on your customer relationship management process.…

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How is an Online Writing Service a Lifeline for Students?

People think a job begins when one enters into a company. But in reality, the first step inside a school is the first day of a 24*7 job. They think only a manager does multiple roles. No, a student does it all without any salary, and sometimes with paying up late fees. It’s called a semester but in the fourth month, the exam knocks the door. Assignment, internship, test and practical report are the constant reminder of “Don’t waste time on breathing and work.”

Stack of essays on teacher's desk

Still, there is a guardian angel (well, sort of) for students. Online writing services like customessaymeister.com save the day.…

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5 Questions and Answers About Using Balloons At Your Car Lot

Whenever you drive past a car dealership, regardless of whether it’s a dealership that sells new cars or used ones, you’ll almost always see numerous colored balloons that are tied to the cars, financing signs, and sometimes even the building itself. But if every other dealership is using balloons, then why should yours too? Do balloons really have any effect? How long do they last? What are they made out of? What else can you use them for?

Colorful balloons on car lot

These are just a few of the questions that you may have regarding car lot balloons if you are considering owning your own dealership (or if you’re just curious).…

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5 Ways To Effectively Expand Your Retail Business

Every business needs growth but with growing competition, retail businesses are finding it extremely hard to expand their business presence.

Unique retail store welcome sign

Here are 5 ways through which retail businesses can effectively increase their business.

1. Leverage The Power of Online Marketplaces

An online marketplace is an ecommerce site where you can list your products and generate extra orders for your business. It is easy to list your products on popular marketplaces and you start to receive orders once you products are listed and they become popular. You need to pay a commission to the marketplace on every sale that you are able to generate.…

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