Category Small Business

Use Measurements to Improve Profits

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Businesses of any size can use measurements (KPIs or key process indicators) to improve operations and, ultimately, net profit. Key measurements can and should be used to assist in operational analysis and, ultimately, drive business improvements. It is a must…

Be Aware of These Business Flaws

It is well documented that the failure rate for small businesses and SMEs is staggering. By most estimates, 70% of startups will be operating in two years, but only 50% will still be operating in five years (U.S. statistics). Although…

Mentoring: A Major Step Toward Success

Yes, even small businesses and SMEs have a need to mentor. Mentoring is a relationship that is formed between two individuals…one with more experience, more knowledge, and more expertise and one with less experience, less knowledge, and less expertise in…

How To Be An Effective Leader During A Pandemic

Businesses have always had the need for effective leaders. Certainly, many businesses prosper despite not having a strong leader at the helm. The super, successful businesses, however, have really effective leaders. They know how to make the right decisions at…