One of the worst fates that can befall a business is a lack of energy. Maybe the components of your business are good. Perhaps you have a professional team, high-quality products, and the relevant business knowledge to carry your team forward. But, for whatever reason, you and your workforce just aren’t helping the company to … Read more
Entrepreneurship isn’t just about making the new app that everyone wants to have – or even creating the next Google. Young entrepreneurs who want to change the world are, in fact, increasingly looking to make the world a better place by changing the healthcare system. It’s actually not that strange; as an enormous industry that … Read more
Are you worried about the issue of downtime in your business? You should be. When your company is down, it’s no longer being noticed or seen by the buying public. If the spotlight isn’t on your business, then customers can’t make purchases, killing your profits. Downtime can impact business for a variety of reasons so … Read more
Almost every entrepreneur will need to go through a period of reduced cost at some point or another. After all, as businesses tend to fluctuate, it’s expected that most companies will go through lean periods. Thankfully, these periods tend to be quite short and most companies have the resources to get through them without suffering … Read more
You have always dreamed of having your own hotel; working in the hospitality industry has always been a passion of yours and you are willing to do anything it takes to turn your dreams into a reality. You are ready to launch your very own hotel business, after plenty of planning and plotting throughout the … Read more
Every business needs to be marketed. As a business owner, you will know that you have to really focus on your marketing in order for your business to grow. But, you may also find that you have your own set ways of doing things. It’s only natural for you to stick to marketing tactics that … Read more
Reducing your business’s paper usage is a great way to go green. It’s not that difficult to do, although you do have to be prepared to commit to making some changes. Some techniques for using less paper can save you a lot of money, while others might cost some money to implement. But if you … Read more
When it comes to becoming the ultimate investor, ask any investor who has made a name for themselves within the investment industry and they will tell you that the key to success is experience. The more experience you have, the better you will do. However, this doesn’t help you when you’re new to investing, does … Read more
When it comes to business, nothing is guaranteed. Sometimes incredible companies and ideas fail unexpectedly, and other times, completely inexperienced entrepreneurs can build up multimillion-dollar companies from their own bedrooms. When even massive companies like Blockbuster can fail, it shows just how delicate things can be. However, with that being said, it still makes business … Read more
If your business is hemorrhaging cash, it won’t be long before you reach critical status and something needs to be done. Knowing the signs to look out for will help you to take action before things get dire and you’re really in trouble. Below we have a few signs that should give you a good … Read more
Part of running a business is incurring debt. You can try and deny it, but it’s inevitable. At some point, you’ll need a cash injection as the resources you have won’t be enough. Unfortunately, being in charge of a startup means dealing with unforeseen bills on a daily basis. There is nothing wrong with debt … Read more
Every type of business requires a unique approach, whether you are running a franchise, a tech startup, or a convenience store. With this in mind, when we are looking at the healthcare industry, and specifically a healthcare startup, can we operate this type of startup as we would any other business? As the healthcare industry … Read more
In the age of the entrepreneur, it’s not enough to just sit behind a desk and build your empire from a distance. Today, customers like to know who’s running things behind the scenes. You only have to look at the profiles enjoyed by the leaders of Facebook, Amazon, and Tesla to see that. Yet while … Read more
Productivity matters because your business is paying out to get things done. You pay for things like rent, utilities, wages, and resources and if you aren’t doing as much as you can with these, you are wasting money. Something that isn’t going to be great for your business’s success in the long term. That is … Read more
Do people know your business exists? Well, if you haven’t had customers beating down your doors in a while, there may be an issue with the way you have marketed your business. While we aren’t saying you are hiding your business under a rock, it may be time you made more of an effort to … Read more