You’d be forgiven for thinking that a new enterprise has little chance of competing against a large, established organization. True, existing conglomerates have the upper hand in terms of budget, resources, and manpower. Yet there are many benefits to being a small venture, and indeed these can provide a great competitive edge for small and independent businesses launching into the market.
From commercial aspects such as focused marketing spend to greater agility and authenticity, here are some of the characteristics small brands can bolster to compete against bigger companies.…
Long before the internet and social media, restaurant reviews have always played a major role in the business. Between food critics and journalists expressing their experience at a restaurant could make or break an establishment. Restaurant owners fought long and hard battles to appease these people to entice customers to their establishment, not send them packing.
Nowadays, anyone who has access to the internet and belongs to a social media can review a restaurant for all to read. Consumers are visiting restaurants and then leaving their opinions for friends and followers to see.…
Over half of Americans say they want to work for themselves, and it’s clear that the entrepreneur lifestyle is one that’s attractive to many. It’s not easy to get yourself ready for this kind of journey, though – especially when it comes to personal finance. But getting your finances in order is essential for anyone who wants to work for themselves and prevent their business from failing before it’s even begun.
Here’s how to get started.
Get credit and loans in order
Americans have over one trillion dollars in credit card debt alone, and wannabe entrepreneurs are no exception.…
The entrepreneur of a new business is often burdened with responsibilities. And more than often some of these responsibilities include improving the quality of business. As a business owner, you probably know how hard it is for a business to reach new heights. It takes time, patience and a great deal of strategy.
Thankfully, technology has made it easier for business owners to handle their business. And you need to keep track of the latest developments happening in the world of business.…
Read any small business publication or website, and you will see article after article about what a competitive world we are operating in, how only the fittest and leanest businesses will survive and that 80 percent of start ups – or some say even more – are doomed to crash and burn in their first 18 months.
While the 80, or even 85, percent figure is often quoted, there is uncertainty as to exactly where the number comes from. What is beyond doubt, however, is that the single biggest threat to a business’s survival comes down to four little letters: C-a-s-h.…
Healthy workers tend to be happy workers with studies showing that those employees who take advantage of health programs offered in the workplace are far more likely to be satisfied and engaged with their jobs. If you want to improve the health of your team, you need not invest in a gymnasium in the basement of your building.
There are many low-cost options you can use to boost the health of your team and in doing so, boost the effectiveness of your enterprise.…
The desire to do everything on your own, where you are always ready for a challenge and get the result you want in your way, can backfire at times. This usually happens when you take on tasks that are out of your realm of expertise, or ones that take time you can spend more productively.
In 2017, the global outsourcing market accounted for $88.9 billion. So, should you become a part of it and will it work well for your business?…
After a relaxing and fun filled break for Christmas, it can be hard to find the motivation to get back into work mode. Productivity may take a dip at the beginning of the month as many of us try to get back into the rhythm of early mornings and long working days.
However, there are plenty of ways to regain the motivation to complete your day-to-day work and see your productivity sky rocket all through January. To help you through, our friends at Accelerate Places, leading provider of co-working spaces, have put together these top 5 tips to boost productivity and beat the January blues!…
Sometimes you and your staff won’t be available to take every call. After all, you have a business to run and your staff can’t work 24/7. Smaller businesses may not have the resources to have a dedicated employee manning the phones all day either. In many cases, hiring Virtual Answering Services is the only smart way to ensure a customer in need never goes without help, or that other important (timely) calls aren’t missed.
Here are 10 ways to get the most out of your telephone answering service:
1.…
Do you think a virtual environment is right for your business needs?
Going virtual might just be one of the best decisions you ever make for running your modern business. From a virtual office, to a team of skilled virtual workers; there are limitless options for running a cloud-based business when you leverage the latest and greatest technology to your advantage.
Cost savings are often the biggest motivator for entrepreneurs looking to shift to a virtual business environment. However, it’s important to consider the global mobility you’ll be afforded too, when you can run your business from anywhere using a smart device or laptop.…
