Operations

Operations (287)

Are You Ready for These Changes in 2021?

The year 2020 has been a tough year that either made businesses stronger or broke those that lacked resilience. While this year has been full of disruption and transition for many organizations, 2021 will indeed be a year of evolution. As the pandemic slows down and vaccines continue being found, we should expect better things from now on. To help you prepare for the new year, here are some of what you should expect:

Read more...

Incorporate These Strategies as You Rebuild Your Small Business

Starting and running a successful small business is not easy. You are always faced with countless challenges, some of which can completely destroy your operations. With almost any business taking a hit in 2020, running a business seems even more difficult these days than ever before. As we head to 2021, don’t let your plans be ruined by the challenges you faced this year. While there will be new challenges, there will also be more opportunities you can capitalize. Here are some strategies you can use to rebuild your small business:

Read more...

Get Your Small Business Ready for Year-End 2020

The end of the year is here finally, and businesses are doing all they can to make to most out of the festive season. Although it is tough making sure that you have covered all the bases correctly, year-end should not be a stressful time. In fact, year-end should be a perfect time for you to reorganize and plan for the next year. The truth is that it can sometimes be challenging.  However, as long as you plan ahead and get your organization ready, things can be different, and you may find this season interesting. We have put together some tips that might help you prepare for the year-end with ease.

Read more...

A Strategy for Small Businesses

Small business owners have a lot in their plates. From trying to find a market for their products or services to attempting to woo a new customer to join their small customer base, being a small business owner is like signing up to be ever busy and aggressive. Because you may find yourself working every day of the week, you may end up mixing things or forgetting important work altogether. Contrary to the misconception by many small business owners that the smaller the organization, the lower they need a strategic plan, your SME requires a strategy regardless of its size. A strategy can help you know what you have done well, what needs more of your attention and whether your daily operations are growing your company. Here are some of the leading reasons why your small business requires a strategy.

Read more...

Bulletproof Your Small Business Plan

Business plans are among the most critical components of any business. Unfortunately, although having a business plan is critical, many businesses have plans that are not worth showing to potential funders or printing at all. Most of these poorly thought business plans have some things in common, as shown below:

Read more...

Recover Your Small Business after COVID-19

The coronavirus pandemic has wrecked many industries across the globe, leaving many companies and individuals struggling to survive. Although almost all businesses, both big and small, have been affected by the pandemic, small ones have encountered the most damage. According to a report filed by the National Federation of Independent Business (NFIB), as early as March 30th, that was early in the crisis, 92% of small businesses had already suffered significantly from the effects of the pandemic. Only 5% of small business owners had not experienced the challenges yet. Nine months into the pandemic, most of the small businesses that had not been affected are now counting losses with others having to shut down completely.

Read more...

Remote Working (WFH) is Quickly Becoming a Viable Alternative

Amid the coronavirus pandemic, there is something odd that is taking place. There is a growing disagreement on how the future of the workplace will look like. While some professionals believe that the workplace will still be done in the office, many people are beginning to see otherwise. It is fast emerging that the future of the workplace is remote working. After COVID-19 forced organizations to shut their physical offices and shifted to working from home, it has emerged that remote working is a viable alternative for many companies.

Read more...

Upgrade Your Video Conference Solution and Bring Back the Fun

During an already stressful time for many organizations, planning a virtual meeting can be overwhelming. Logistics quickly become headaches: Did everyone receive the meeting invite? Will they all be there on time? Add technical issues like crashing video calls, using multiple digital tools for one meeting or scrambling to locate documents, and a meeting becomes a recipe for headaches. This has made meetings tougher and also robbed them of fun and productivity.

Read more...

Yes, Your Company Needs a Shareholder's Agreement

Congratulations – you and a few business partners just launched your new company. The next few months that follow will be a whirlwind of getting your business off the ground from fundraising to purchasing equipment and hiring employees. Too say you’ll be busy is an understatement. But don’t forget – no matter how hectic things are –create a shareholder agreement to protect yourself and your company.

Read more...

Is the USPS an Essential Business?

As different states in the US continue implementing the stay at home order to limit the spread of the coronavirus, the majority of the nonessential businesses such as movie theatres, bars, restaurants, and other businesses continue to be closed. However, essential service providers, such as grocery stores remain open, and people are allowed to go shopping in such areas. However, the biggest concern is what will happen to nonessential businesses. Similarly, differentiating an essential business from the nonessential businesses is one of the challenges that have rocked government agencies.

Read more...

Visit other PMG Sites: