Many budding entrepreneurs would jump at an opportunity to buy a going concern that has proved profitable if that would mean foregoing the hassle associated with starting a new business from scratch. Even though many may wish to purchase a business that is already operational, finding a businessperson willing to […]
Any businesses, regardless of how small or large, deals with money problems at some point. When the level of profitability is smaller than the money you are putting into your activities, facing inconvenience is normal. However, when the problem persists, you might be worried that going into bankruptcy or having […]
It does not matter if you’ve had your small business around for many years or you recently opened. The goal to any successful small business is making sure it is financially solvent for a long time. With that in mind, are you doing everything within your power to give your […]
Small and large businesses alike are looking for ways to cut costs and increase efficiency. The number of tasks required from management in the running of a business can be overwhelming, and one customer service item that can be easy to check off of a list is dealing with product […]
Your business development process is vital in aiding the growth of your business. When done effectively, it helps your business to grow, expand and ensure you reach dizzying new heights. David Ogilvy (CBE, Founder of Ogilvy & Mather) once said, “In the modern world of business, it is useless to […]
Nobody wants to receive a parcel multiple days after it’s due to arrive. Having a business or online service means you have to keep customer satisfaction up and ensure your customers return to you in future. There are different ways you can do this, and one of them is to […]
When you run an auto shop, you know that keeping those you serve happy and safe is your responsibility. With that being the case, having the right parts and personnel will always be your top priorities. That said is your auto shop driving off with success? From Major to Minor […]
Less than 40% of employees have their employers’ support to volunteer. But why is this the case? Big firms are encouraging their staff to volunteer, Novo Nordisk, a major Danish pharmaceutical company encourages its employees to volunteer abroad providing employees with 80 hours paid time off. If such large companies […]
By definition, telematics refers to the division of information technology which deals with the long-distance transmission of mobile data. A telematics system will automate the process of gathering and storing data, however, without the correct analysis, this data is worthless. When telematics data is applied to real-world situations and implemented […]
It’s easy to feel like you don’t owe your employees anything. After all, you’re providing them with a job and paying them for their service. But when you think about all of the time, effort, and emotional energy that they pour into your company, you’ll realize that you may need […]