Managing a business can be difficult, heavy and stressful. But, it should not be boring. It is important that you are enjoying what you are doing in business, and that should include the managerial tasks. You should always come up with a business operation and management plan which can be carried out effectively and in the most creative way possible.
Strategies must be implemented to enhance the creativity of managing a business. Creativity is the key to breaking the chain of boredom and unproductive business management. This is even agreed upon by 1,500 chief executives according to the survey conducted by IBM’s Institute for Business Value.…
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With the recent financial crisis showing signs of clearing up, many small businesses are now looking to fortify their fortunes and make up for the losses they suffered over the past two years. While some find success an uphill climb, others seem to be able to breeze through the process simply because they know what makes the difference and what counts at the end of the day.
Businesses today need to look beyond geographical borders in order to expand. There is a whole world of consumers, customers and clients out there waiting to buy your service or product. Opportunities aplenty await the astute businessman willing to take the risk and go global.
As the recession continues to extend into 2010, we continue to be inundated by news about the challenges that face the small business community.
There aren’t many good news stories about banks these days so if you’re looking for a new bank you may be facing the quagmire of what to look for and who to turn to when searching for a new bank. The answer may rest upon what your personal and or business banking needs are.
Small business owners have a higher risk of identity fraud than other adults according to a recent study co-sponsored by ITAC, the Identity Theft Assistance Center, and The Financial Services Roundtable.
Through recent advances in technology, the number of individuals working from home offices has greatly increased in the past decade. When individuals have taken the proper steps, home offices allow one to work from the comfort and convenience of home without sacrificing productivity. There are a variety of reasons why individuals would choose to work from home.
One of the biggest challenges facing small business owners is “How do I distinguish myself from my competitors?”
So you benchmark your company against others in your industry. Maybe you look at maximizing revenue per full-time employee, increasing first call resolution in your contact center or IT expense as a percent of revenue. How do you compare to your competitors? Is that the right comparison?
