There are two ways to expand your business beyond your current setup. One way to do this is by identifying new markets for your existing product. The other way to do it is to offer new products to the existing market. Both these strategies have their pros and cons. Expanding to new markets (called horizontal […]
Innovation
How Hostels Are Adapting To The New Normal
The so-called New Normal hasn’t done any favors to many industries outside of the hand-sanitizer and food delivery ones. The travel industry has (somewhat understandably, given the crisis) taken some of the biggest hits, with lodging being no exception. Staggering numbers surround the hotel and hostel field, with an estimated $400 million in room revenue […]
Save Money by Renting Coworking Office Space
Credit: Unsplash As you might expect, one of the challenges of small businesses is saving money. A good idea is not a guarantee that your venture will succeed, but you can look out for several signs to determine if you are now ready to become a CEO. When your business is in Houston, you can […]
5 Ways to Make Your Business Expansion Easier
Expanding your business can be a daunting task. Frequently, it comes with headaches such as buying a new office building, hiring new employees, and creating new departments to handle the increased responsibilities. But it doesn’t have to be such a hassle. With these tips, you can expand your business without the headaches involved, and take […]
5 Creative Ways to Repurpose Your Old Content
Having your old masterpieces sit there in the archives gathering dust can be such a shame. After re-reading it you may find that you still agree with your opinions just as much now as the day you wrote them. However, times may have changed and certain ways you went about proving your point may not […]
10 Perfect Hacks to Run Your Small Business Better
Trying to run a small business in the best possible way is something that you need to focus on right now, and there are so many things to think about when it comes to achieving this. Try to do as much as you can to work on taking things forward in the right way, and […]
4 Solid Tips to Scale Ecommerce Using Data
Scaling ecommerce is a tricky affair. It is not just about having the best product, but about knowing your market, your customers, and the logistics of ecommerce. Whether you are selling arts and crafts or operating a commercial mobile tire service, a strong ecommerce approach requires both good data and the judgment to properly analyze […]
4 Ways to Always Be One Step Ahead of the Competition
If you want your business to stay ahead of your competition, then you have to make sure that you are one step ahead. If you do, then you will be able to improve your market position and you will also be able to experience way more business growth too. With more and more businesses starting […]
6 Top Tips & Tricks to Relocate Your Business Abroad
There are many reasons why an individual may consider relocating their business abroad. It could be that they are wanting to grow and expand their company or just start again somewhere fresh. Whatever the reason may be, there are some things you should consider beforehand. In this article, we’ll talk about some of the top […]
Embracing the New Normal: How Disruptions Can Lead to Innovation
COVID-19 has changed the way we live, possibly forever. It’s up to us to decide what to do moving forward. When is the least ideal time to buy a car? During a pandemic, when uncertainties abound and social distancing is the norm? I would’ve said yes…before I had to do it myself. Yet when my […]
