
Operations (303)
Get Your Business Ready for Next Year
- Monday, 22 November 2021
- Operations
- Written by Scott Koegler
As a small business owner, the past two years threw many things your way, and you are now healing from the problems you faced. However, as the year comes to an end, it is no time to get relaxed. Pick whatever is left of 2021 and start planning early what you will do next year. As we begin a new year, it is time to reflect on what this year has brought and what you have learned and prepare your business accordingly for the new challenge in 2022. Here are some strategies that you need to consider for your business to succeed next year.
Read more...Yes, Your Small Business Should Have a Board of Directors
- Monday, 01 November 2021
- Operations
- Written by Scott Koegler
Despite having the best small business ideas, you must have a concrete plan to run them. Regardless of the size of your business, operating it is not all about mixing up stuff and expecting it to work. Rather, it requires continuous and evolving processes that are flexible and can be tweaked to make it work. Furthermore, you need to have strong leadership to run your business. This may include pulling together a competent board of directors and advisors. First, identify the gaps and bring together people you believe will help turn the fortunes of your business around by filling these gaps. You will realize a strong return on investment by letting professionals advise you in different areas that you may lack knowledge of. Here are other things you need to keep in mind about the board of directors.
Read more...Try These Suggestions to Help with Business Rent
- Monday, 18 October 2021
- Operations
- Written by Scott Koegler
Some Small Businesses are Remaining Optimistic
- Monday, 20 September 2021
- Operations
- Written by Scott Koegler
As small businesses struggle to remain relevant even during the economic havoc caused by the coronavirus pandemic, data shows that not all is lost as businesses remain optimistic about the future. According to the data by NEXT Insurance, women are twice as likely to embark on business during the pandemic as men. This shows the level of resilience small business owners are showing during the pandemic, even as challenges continue coming up. Despite the pandemic and its effect on the economy and health, which posed threats to small businesses and owners, most business owners are proving to be resilient enough to withstand pressure. Some of the challenges that businesses have to be content with include partial or complete regional shutdowns, reduced profits, low revenues, securing financing, and maintaining the workforce's health.
Read more...If It's Time to Close Your Business Check These Tactics
- Monday, 16 August 2021
- Operations
- Written by Scott Koegler
Closing a business may seem like a drastic decision to make, but sometimes it ends up being the right one. This is often a good choice if you are not committed to it or are not making enough profits to sustain your business. You can also close your business if it has fulfilled its objectives and you feel there is nothing else you can do. While it may appear easy, closing a business after years of operation is not always simple as it looks. It isn't very easy, especially considering laws keep changing. Here are some tactics you need to check to help you do this correctly.
Read more...Check These Tips to Increase Your Profits
- Monday, 02 August 2021
- Operations
- Written by Scott Koegler
Small business owners depend on profits to keep their businesses running. However, like any adventure, operating these kinds of companies comes with its challenges. Fluctuating profits and losses are just some of the things you will face. With these problems, you must always find a way to turn your challenges to your advantage and profit from them. Increasing the profits for your business does not require drastic measures like raising the prices for your products or services or reducing the number of employees. Instead, you need to implement small changes and tweak a few areas of your business to give it a boost. Here are some tips for increasing profits in your small business.
Read more...Make Sure Your Change Management Strategy is Set for Success
- Monday, 05 July 2021
- Operations
- Written by Scott Koegler
Change is something that does not excite many people. Yet, we must be embraced if organizations are to keep up with the changing times and marketplace. While many people talk more about the management of change, it is a topic that is easier said than done. It is a process that eludes many organizations. In some instances, failure to manage change has made some companies obsolete and kicked them out of the market altogether. So, how can leaders manage change successfully, considering people are not always excited about it? Here are the best pitfalls you should be careful about when managing change in your organization.
Read more...How Are You Stepping Up Your Small Business Recovery?
- Monday, 31 May 2021
- Operations
- Written by Scott Koegler
The year 2020 was a year of turbulence never witnessed before in human history. For business owners, the pandemic and the effects it left were a nightmare that left many organizations struggling to remain operational. The year signified changing times as business owners had no option but to look for new methods of remaining operational at a time when the sources of revenue were cut, and demand for many items was significantly hit. As we begin a new era where the pandemic is slowly becoming part of us, you will need additional measures to remain standing. Here are ways that you can step up your small business for recovery post-pandemic.
Read more...Rebuilding Small Businesses: Volunteers Wanted
- Monday, 31 May 2021
- Operations
- Written by Scott Koegler
Are you a successful corporate executive with deep business knowledge? Or a social media maven who guided a corporate brand to big time success? Maybe you’re a public speaker and trainer that can inspire small business owners to climb to new heights of success? Or a savvy entrepreneur who has launched successful startups?
Read more...Make Your Business Thrive After COVID
- Monday, 26 April 2021
- Operations
- Written by Scott Koegler
Regardless of the size of your enterprise, it has probably been affected by the COVID-19 in one way or another. The pandemic has brought many businesses to their knees, while those that remain standing have been affected in a way that might take years to recover. Most of them are fighting to satisfy their customers while remaining open by finding new, innovative ways to grow. Despite the pandemic-related challenges, businesses can still survive, although it will take more than the current government-related funding. The real work will begin with business owners and the executives and the strategies that they will lay down behind the scenes to overhaul their operations and take their businesses into the future as far as performance is concerned. Here are some strategies to make your business thrive after COVID-19.
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