Many ask, “Can a small business be disruptive in the marketplace?” The answer is, “Yes, a small business can disrupt its industry.” Want to watch a video instead? Disruptive innovation refers to a process by which a smaller company with…
Employee development efforts through mentoring drive sustainable success. The structure can be formal or informal and is a relationship normally between an experienced employee (mentor) and a less experienced employee (mentee) to nurture growth and development within a business. This…
Running a small business often requires a careful balance of resources, especially regarding finances. While investing in growth is crucial, some strategies can be implemented to improve profits without breaking the bank. No-Cost Ways to Enhance the Bottom Line Streamline…
Big businesses do it. Small businesses do it. Every business should do it, but do what…customer follow-up. Customer follow-up after a sale is of paramount importance for several reasons. It is a critical element of customer relationship management and contributes…
A dedicated team is crucial for achieving business success regardless of the number of employees (few or many) a small business or SME might have. When a business has a group of employees committed and focused on achieving common goals,…
The usual goal and desire of every owner or manager of a small business or SME is to grow as fast as possible, creating a long-term profitable and sustainable business. But can a business grow too fast? Yes, a business…