Would you rather watch than read? Click here. Although anyone with a small amount of capital and little or no experience can start a business, this does not mean that success will follow. Globally, small businesses and SMEs fail miserably.…
Can employees of a small business be empowered? Frequently, we hear about techniques that are employed by larger companies to empower employees, so why can’t employees at smaller businesses be empowered, as well? They can and should be empowered. Empowerment…
If large, publicly-traded corporations can have a goal to achieve the highest levels of customer satisfaction, can small businesses have the same goal? Of course, businesses on a smaller scale can still strive for ultimate customer satisfaction. Most likely, their…
Regardless of the current sales trend (declining, stagnant, or increasing), all businesses strive for additional sales. The proper analysis of sales challenges and the development of solutions to those challenges can result in improved sales. Sales analysis, however, to be…
How does a business get ahead of the competition, or is it an easier path simply to meet the competition? Does meeting the competition with similar operations, marketing campaigns, and pricing produce a higher net profit than trying to disrupt…
As soon as profits begin to slide, the first thing that comes to mind for many business owners, managers, and CEOs is to lay off employees. The philosophy, obviously, is that reducing employees is a quick fix to the bottom…