Businesses need to manage and reduce business risks and disruptions that can bring business to a grinding halt. Risk is an inevitable part of starting and growing a business. It’s impossible to control everything. Whereas there are plenty of ways to limit internal and external threats to your business and its growth.
leadership
How to Apologize Like a Boss?
Everyone makes mistakes, especially the boss. That’s why it’s important to consider the best way to apologize for the mishap even as a boss. If you make a mistake, apologize whether it’s to your customers, employees or co-workers. A good apology is one of the most important tools in workplace communication. Especially as an entrepreneur or […]
3 Building Blocks of Negotiation to Be Master Negotiators
Unfortunately, most people are not natural-born master negotiators. The good news is that research consistently shows that most people can significantly improve their negotiation skills through education, preparation, and practice.
What Makes Concepts and Characteristics of Entrepreneurship?
While there can be as many concepts & characteristics of entrepreneurship as there are people in this world with opinions; There are some characteristics that are considered indispensable or necessary in entrepreneurship.
How to Manage Joint Venture Partnerships to Work?
To manage a joint venture partnerships can soon become difficult if you don’t plan them right. Your business may have strong potential for growth and you may have innovative ideas and products. However, a mismanaged joint venture could give you a run for your money.
How to Choose the Right Joint Venture Partner?
The ideal partner in a joint venture is one that has resources, skills and assets that complement your own. The joint venture has to work contractually, but there should also be a good fit between the cultures of the two organizations.
When and Why a Business Can Enter into Joint Ventures?
Entering into a joint ventures is a major decision. When two businesses agree to join together for a common purpose and mutual benefit, it gives rise to a joint venture. Join ventures can be created by two or more parties; generally characterized by shared ownership, shared returns and risks, and shared governance in a business.
How to Overcome Limitations in Doing Business Virtually?
Doing Business Virtually has its own limitations. The digital world has both decreased and increased the business limitations of how a company does business. Due to the pandemic and sudden lockdown situation, many businesses are facing limitations in doing business virtually. Learn how to overcome limitations of virtual mode of doing business.
How to Impress as a Business in a Digital World?
Doing business in a digital world is the new normal after the pandemic has changed the business world forever. From MSMEs to MNCs are now running the company in a virtual environment. Without face-to-face interaction, building a business can feel daunting. But there are ways to navigate this minefield, and doing so will give your […]
How Business Can Communicate Customer Experience During Lockdown
Lockdown challenges shouldn’t mean we stop delivering memorable customer experience. In times of need, how business communicate customer experience really make a difference and customers will notice. You can do irreparable damage – but you can also cement a lifelong relationship.