Starting and running your own business is exciting. It’s not enough to just run your business from day to day doing the same things you always do. If your business becomes stagnant, you can’t grow. Not only that, but your business could become irrelevant and ultimately fail. For your business to grow and succeed, you […]
Growth
Australia’s Small Businesses Are Struggling. Here’s How Accessible Financing Can Help
Australian small businesses have been struggling as a result of the struggling macroeconomy. The Coversation’s 2019-20 forecasts predict that economic growth will be at its weakest since the 2008 financial crisis. Many SMEs are experiencing dips in sales, cash flow problems along with an expectation that it is about to get worse. What can they […]
How to Make Sure Your Small Business Keeps Growing
Growing a business is a phenomenal feeling. Some even compare it to watching your offspring mature right before your eyes. There may be a time when the growth of your business begins slowing down, or even stall completely. It doesn’t hurt to ask for help from outside sources about overcoming these growth hurdles. There are […]
How to Grow Your Small Business with Online Reviews
Every time a consumer searches for a product online, they encounter review sites that tell them which products are best or which companies are the most reliable. They see how your small business measures up to its competitors in price, quality, customer service, and anything else previous customers want to share about their experience with […]
Craving Funds for Your Startup? Alternative Financing Could Be the Right Solution
Exactly a year ago, Roman left his lucrative job at a multinational to venture into his own business. Although he was on a career path that most people could only dream of, he left it to pursue his dreams. He had profound expertise in the e-commerce industry and was confident of his success. However, things […]
Sales Performance Improvement, Where to Start
I wrote, “Improving Sales Performance Without Changing How You Sell.” Readers started responding, “This is great, where do we start?” Here are some thoughts: “One size fits all:” Too often, we have a “one size fits all” approach to performance improvement. We focus on one thing, for example prospecting or pipeline coverage, and inflict this on the entire […]
Caution: 3 Main Reasons for Business Failures
Running out of money Lack of planning Growing too fast There are countless scare stories out there and it’s true, many businesses don’t make it in the long run, but according to the SBA, only 30% of new businesses fail during the first two years of being open, 50% during the first five years and […]
How to Reach Your Potential in an Ever-Changing Workplace
Career progression used to be linear… Get a job, work hard, and make your way up the organizational hierarchy. Predefined structures determined a career path and tenure was reflected in a salary. Over the past few decades, the workplace has embarked on a new journey. Globalization has changed cultural expectations and technology has redefined roles, […]
6 Elements of Customer Psychology Drive Buy Decisions
Many entrepreneurs think that adapting to the new technologies, like smart phones and Internet commerce, are the key to attracting new customers. In fact, businesses need to adapt even more completely to the changes in the buying and social behavior of consumers. High-technology product startups, without customers, don’t make a business. Today’s customer buying dynamics […]
7 Signs Your HR Process isn’t Scalable
Have you ever developed a human resource process as a band-aid to a larger issue? Do you breathe a sigh of relief after every payday because you managed to pay your team correctly and on time? HR problems plague companies of all sizes, from brand new startups to Fortune 100 organizations However, they should not […]
