Growth Strategy gives your startup a purpose, and it answers questions about your long-term plans. Growth strategy is important because they keep your company working towards goals that go beyond what’s happening in the market today.
entrepreneurship
5 Reasons Why Entrepreneurs Should Fire Bad Employees
Firing someone is never easy, but the consequences associated with holding on to an bad employees are far worse. A bit of logic and your gut feelings tell you it’s time to fire an bad employee, but your emotions and lack of time keep you from taking action. You’re not the only one.
How to Chase and Collect Late Payments?
For businesses, chasing customer and collecting late payments are a big headache. Especially for small and medium enterprises. Here are a few things you should know on how to chase and collect late payments in business.
3 Traits You’ll Need to Be Serial Innovators and Entrepreneurs
Serial Innovators and Entrepreneurs appear to be blessed. They aren’t just lucky enough to have a single right idea at the right time; they keep coming up with more bright ideas that make the world better, or at least are valued enough for a profitable business model. While innovation and market success do not always have […]
How to Write a Better SWOT Analysis?
A SWOT analysis is an organized list of your business’s greatest strengths, weaknesses, opportunities, and threats. Often times entrepreneurs fail to do SWOT analysis of their business due to the comprehensiveness of the process. This sample is all you need to start out small. With a brief description of each important topic, you can find an easy way […]
3 Things You Need to Consider while Building a Great Team
In business or at anything we do, most important achievements require a great team of people working together. We live in a world where it’s nearly impossible to accomplish anything great as an individual. When you think about it, you’re the product of a globalization, education system, luck, society, media, the internet and so much […]
7 Ways to Use Stress Management to Get Up and Running Quickly as Entrepreneur
Today Entrepreneurs more than ever need to practice stress management. The three major causes of stress are work, money and family. Others are changes in personal circumstances and societal factors. What begins as work related anxiety leads to stress and depression if not tackled early. Fear of losing a business or source of income, meeting […]
4 Ways Automation Can Help Improve Your Business
Given the growing importance of Automation and Artificial Intelligence, businesses considering increasing productivity and expansion should be investing in these technologies. Smart, predictive analytics programs enable business leaders to assess market opportunities and forecast exactly how their business are running effectively.
How to Resolve Disputes with Other Businesses?
Disagreements in business are inevitable, but the damage they cause is heavily determined by the way you deal with them. Subsequently, its necessary to resolve disputes with other businesses to be a good and successful business.
How to Manage Negative Reviews Online?
Successful business people learn from negative reviews, improve their business if need be, and then move on. Try to use each negative review as a chance to learn something new. If you feel a review is really unfair, remember, your response can actually improve your standing with customers.