Category Small Business

Navigating Legal Waters: How Small Law Firms Can Use the Strategy Curve to Create Blue Oceans

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In today’s competitive legal landscape, small law firms often swim in a sea of red, battling for clients against larger, more established practices. But what if there was a way to chart a course to calmer, more profitable waters? Enter…

Prospects vs. Customers

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You have probably heard the phrase, “Now that you’re a customer, the honeymoon is over.” This phrase represents the opinion that after a company has a customer, it can stop making the same efforts that first drew the prospect in…

Leveraging Social Media To Grow A Small Business

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Social media has revolutionized the way businesses interact with their customers. For small businesses, leveraging social media can be a game-changer, offering an affordable and effective way to reach a broad audience. Watch on YouTube Importance of Social Media  Social…

Make Promotional Emails Work

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Email marketing remains one of the most powerful tools for driving sales in today’s digital marketplace. A well-crafted promotional sales email can significantly boost revenue, enhance customer engagement, and solidify brand loyalty. However, writing an effective promotional email requires a…

Inventory Theft and Shrinkage: A Problem For Small Businesses

While inventory theft and shrinkage have always been problems for businesses with significant inventory, the past couple of years have been especially problematic for big box stores, small businesses, and SMEs. Shrinkage occurs when a business’s inventory levels do not…

Understanding Break-Even Analysis

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Break-even analysis is a financial calculation that helps determine the minimum level of sales necessary to cover all fixed and variable costs associated with producing a product or service. The break-even point is when total revenue equals total costs, resulting…