The coronavirus swept all over the world and affected our way of life. Those who got retrenched or furloughed started looking for ways to earn and provide for their families’ needs. While there are a lot of job opportunities online, there are also several things you can do at home to make a living despite …
Putting out money to get money back is a concept that only works if you do it strategically, and when it comes to running a business, certain investments can pay off in the long run. If you’re a budding entrepreneur wondering what prospects you have and should invest in, first consider that you don’t want …
It’s not uncommon for small businesses to plateau or become stagnant, especially if they have cornered their local market. Once you’ve become the top dog in your area, there’s nowhere to go but down. Of course, you want your business to keep growing, so you set your sights on expanding to new areas. But you …
3 Ways to Ensure a Successful Small-business Merger Read More »
The world saw a dramatic shift overnight due to the COVID-19 pandemic and the recession that followed. In the blink of an eye, many businesses had to contend with the economically challenging aftermath of an unprecedented global event. So many people found themselves jobless and suddenly without financial security. In hazy financial times, one thing remains true: …
9 Trendy Food Business Ideas in the Time of Corona Read More »
The COVID-19 pandemic has exposed the unpreparedness of many companies to sudden, unexpected changes in the market. The radical disruption of demand and supply, customer and client behavior, plummeting purchasing power, and the overall downturn in the economy has caught large global corporations, mid-sized companies, and start-ups in a bind. Costs of doing business quickly …
Strategic Costing: New Imperative in Post-pandemic Business Operations Read More »
Your business may be thriving, but you still need to keep it competitive, or it will be left behind. One major upgrade that most companies would benefit from is an eCommerce option. Being able to sell online can be a great boost to your business. But it is not as easy as setting up a …
A core aspect of good business management is maintaining an optimal staff that is cohesive and effective. When there is friction or lousy performance from within, operations suffer in terms of productivity and long-term implementation. That can even result in a team that sees a lot of turnovers, which hurts time management and costs a lot of extra money that …
Red Flags to Watch Out for When Screening Job Applicants Read More »
Getting a business off the ground is already hard enough, managing it is an entirely different battle altogether. Everyone who owns a business knows this. Anyone who plans to have a business has an idea about it, albeit a very vague one. If things get too tough, you can always talk to different psychologists and …
Reputational damage is a dangerous factor that affects any business. Once your company’s name is stained with bad publicity, your business will suffer serious losses. Some even lead to bankruptcy or closure. That often happens when companies make serious mistakes, which leads to loss of customer trust. To avoid this, you need to find some …
Upholding a Reputation: Protecting Your Business from Lawsuit Read More »
Building a strong team for your business is crucial to ensure that you achieve success and growth for your brand. Aside from this, having talented individuals help you come up with plans and strategies that will help your brand gain a competitive advantage. That is why you need to boost your hiring and recruiting process. …
Building the Right Team: Recruiting the Best for Your Business Read More »