A Competitive Industry: How to Stay Relevant as a New Business

Without a doubt, a startup owner has plenty of hurdles to overcome if they intend to experience any kind of success in their industry. In a competitive business landscape, it can be quite easy to get overwhelmed by the number of competitors clamouring for the attention of your target audience and clients. As if that was not enough, there is also the ever-present threat of large businesses that could very well overshadow your efforts.

Business owner working on her new business

Fortunately, startup management does not have to be a stressful marathon. There are ways to help develop a foundation, and it can be quite easy to get ahead with the right kind of preparation — specifically when it comes to matters of relevance.…

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CEO Spotlight: Chad Price of Mako Medical

Chad Price is a consultant and successful business owner that has worked hard to develop his passion for helping people into lucrative ventures. The serial entrepreneur started Mako Medical back in 2014 with no understanding of the medical industry but a desire to fill a need. Working through a number of challenges, he has developed Mako Medical into one of the top US health care companies.

Chad Price Mako Medical

In 2019, Chad Price started Bride Genie to give vendors a free way to connect with the brides they want to target for future gigs. In 2015, he invested in Trill A.I., becoming a board member for the company that disrupted the investment community with machine learning predictions for analysts.…

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10 Ways Small Businesses Can Come Out Ahead In 2021

The year 2020 left us with some shocking details to ponder regarding business. Knowledge is power, and this year we need to use the lessons from 2020 and know the changes being made to business administration. This can be in the form of minor restructurings, new customers, tax filing, and so much more.

Remote working for business success

photo credit: Artem Podrez / Pexels

Read on to find out how small businesses can come out ahead in 2021.

Your Sales Tax Filing

This is important. We can’t structure you here for the changes in 2021. Each business is unique on a normal year, but even more so for this tax year.…

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Changing Business Strategies: 6 Effective Ways to Know

When it comes to your business, vigilant change and vigorous growth are absolute necessities. However, both change and growth are not easy. A CBInsights analysis of 101 startups polls 14% of businesses fail because of poor marketing strategies.

Changing business strategies

No matter what you sell, be it products, services, or information- the most important step is to reach the right customer. However, getting the word out to the right audiences has become a massive challenge. Hence, you must change your business strategies from time to time to make the most powerful impact.

What, how, and where?

The first and most important target that your business needs to meet here is increasing your visibility while sticking to a budget.…

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How to Maximize the Productivity of Your Team

Businesses are successful when the head of the company creates an effective business model and then the employees buy in to the company strategy. That’s why every small business owner and operations manager wants to get the best out of their team and run their company like a well-oiled machine.

Productive business team member

All across the United States, businesses are trying to come up with ways to maximize their company’s efficiency and optimize their best practices in a bid to surpass the competition. But maximizing the productivity of your team isn’t all about money and competition — it should also be about company pride and regular improvement.…

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3 Actions That Make CEOs Better Leaders

CEOs have a reputation for being decision-makers, yet ultimately, CEOs are leaders. Even so, decisions and leadership are intertwined. Being a strong leader requires making decisions that create transformation within an organization. Whether it’s transforming company culture, improving policies, or strengthening client relationships, CEOs are the leaders that put everything into motion.

Successful CEO leading a meeting

If you’re a CEO who wants to make an impact on your company, here’s a list of 3 actions that will make you a stronger leader.

1. Hire dedicated IT support

To understand the impact of your decisions, put yourself in the shoes of your employees.

Imagine you’re an employee trying to make a copy of an important document that must be mailed to a client that day.…

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How to Encourage Growth in Small and Medium-sized Enterprises

In the business world, it is often the bigger brands and corporations that capture the attention. Global names dominate the landscape and benefit from significant recognition from consumers and the public at large. It is, however, underestimating the crucial role that small and medium-sized enterprises (SMEs) perform in both established economies and developing countries.

SME growth

Even so, SMEs can often find it tough to grow as a business – not least in times of uncertainty. For business owners, this is nothing new. But the difficulties that smaller business owners now face due to Covid-19 is putting the fortunes of SMEs into the spotlight.…

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Examining Your Culture: Do You Live in a Glass House?

Those who live in glass houses shouldn’t throw stones. This, of course, is an old proverb, but it applies to businesses who may be criticizing other companies’ cultures right now. Simply put, you shouldn’t condemn others who might have similar flaws to your own.

Company culture

After all, company cultures are tricky. They are living, breathing things — the byproduct of careful gardening and tedious attention to detail. Pointing out the shortcomings of another company is more than a bad look; it’s often hypocritical. Before you start pontificating about your superior company culture, you may want to look in a mirror.

A recent survey of 1,000 professionals by TopResume found that 68% of workers have thought about leaving their companies because of the poor treatment they’ve received during the coronavirus pandemic.…

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Why Continual Training is Important for CEOs

The majority of CEOs already have a number of years of personal development and experience under their belts. However, continual training is an important part of CEO development, particularly for those who want to remain ahead of their competition.

Learning CEO

photo credit: Diggity Marketing

CEOs need to ensure they are constantly updating their capabilities and skills and prioritizing their self-development. While the main role of a CEO hasn’t changed much over the past few years, the way in which they operate has changed a great deal. The skills and attitudes needed by senior executives to manage effectively have changed a lot. CEOs need more than just technical skills; they also need to be able to imagine and predict any future scenarios that their business may face.…

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5 Ways to Grow your Small Business This Year

With the recent economic struggles that people have faced, you may wonder how you can help your small business to improve during these times.

Restaurant owner

The last few months have certainly come with unforeseen struggles, forced businesses to pivot in their business models, make money in other ways, and be a bigger part of their community than ever before. But these challenges are not unique just to the last few months, businesses face challenges and growth opportunities all throughout their lifecycle while operating.

We’re here to give you five ways that you can grow your small business this year (and any year!)…

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