ENDING SMALL BUSINESS FAILURE
If you’re looking for additional streams of revenue, corporate sponsorships could be a viable revenue stream. Now please don’t think this is FREE money. Major companies only do sponsorship if there a clear ROI. If you have something to offer (like an engaged niche audience) this could be a realistic business opportunity for you. Corporations […]
Guest Article I’ve always had a keen interest in helping small, diverse and disadvantaged businesses. I’ve found that when given the opportunity to compete in a fair and transparent environment, these companies are very successful at winning new business when going “head-to-head” with larger organizations. And it makes sense that they would. Their very makeup […]
We all know what it is to get in shape. You look at yourself in the mirror, and see that your favorite outfit is looking tight. Thinking back, you know you have been indulging too much. When I feel that way, I start eating better. I incorporate more salads, stop eating out as much, and […]
Some small businesses fail to create complete job descriptions. They hire people to fill specific roles and tell them what they’re supposed to accomplish every day, but there are no clear, documented guidelines or expectations for each employee to follow. In my opinion, that’s a huge mistake. Written job descriptions are invaluable during the hiring process, […]
Guest Article For small business owners, early July is a great time to assess how the year is shaping up, make adjustments that boost revenue or reduce expenses, and take advantage of new opportunities. But how do you get started and what should you focus on? The Business Advisory Services team at Excelsior Growth Fund […]
If you run a retail business, one of your top concerns is likely inventory management. You’ve constantly got to be able to forecast demand, ensure no stock sits on the shelves too long, and deal with shrinkage. While handling these issues can be helped with a smart inventory management strategy, having the right inventory management […]
Guest Article In the digital age communication, collaboration, and creativity are now possible on greater levels, and the way business is conducted has been revitalized. In a world of video conferencing, social media platforms, and all-new tech tools, we are now more connected than ever before. Integrating these tools can enable any business to thrive. […]
Imagine that you have 10 email addresses. Each one is dedicated to a specific function at work, and you must check them all regularly to make sure there’s not a fire you need to extinguish right away. Now imagine that you have one email address. You create categories in the software for each function at […]
Guest Article What started as an online bookstore has turned into one of the largest companies in the world covering businesses that range from books to transoceanic shipping to video streaming. It also empowers entrepreneurs to make a great deal of money by providing an online shopping platform. There are many different ways to make […]
E-Commerce giant Alibaba wants to teach U.S. small businesses how to sell to Chinese consumers. Why now, you ask? In the 1987 film, Wall Street, character Gordon Gekko infamously declared, “Greed is good.” But these days, if your business model is selling online, and you are publicly traded on Wall Street, the updated version of that […]