Posts Tagged ‘Growth’
7 New Initiatives to Fearlessly Grow Your Business
Growth has always been fundamental to business success, but it’s never been more critical than it is now, nor more difficult. Every opportunity is global, but so is the competition. Evolving customer expectations and technology are the norm, forcing every company, from startups to large enterprises, to innovate quickly, despite their fear of change, uncertainty,…
Read MoreHow to Know When Your Brand is Ready to License
Every business, from small mom and pop corner shops to international corporate behemoths, have a dream of possessing one of the most recognized brands in the world. Few business managers or leaders have a solid sense of when their brand is ready to license, however, and even fewer know where to begin when it comes…
Read MoreThe Challenge of Boosting Growth in a Low-Inflation Economy
For anyone who was around during the hyper-inflation days of Presidents Ford and Carter, the current economic climate as something of an Alice-in-Wonderland feel. I say this because in those days the Fed was continually hiking its interest rate to bring down inflation. Today, the Fed is more worried that there isn’t quite enough inflation…
Read MoreHow Financing Can Benefit a Growing Business
Is your business humming along? You might think you don’t need to take on debt and just let the good times roll. However, times can change quickly and whether you are growth-oriented or maintaining a steady, consistent business, healthy working capital is vital to continued success. Even better times may be ahead if you secure…
Read MoreHow to Make Big Money in a Small Town
When we imagine big businesses, we tend to imagine tall offices in impressive buildings at the center of some of the world’s most powerful cities: London, New York, Seoul, Sydney, and — if it’s a tech company — San Francisco. The idea is that, in order to thrive, your business needs to be located where…
Read MoreProfits Eat Innovation for Breakfast
Michael Porter said, “Culture eats strategy for breakfast.” This is the first thing that popped into my mind when I read Steve Blank’s HarvardBusiness Review article explaining why Jeff Immelt lost his job as CEO of GE. Steve argues activist investors forced out Immelt because of the long, languishing performance of the company’s stock. Following Mr. Immelt out…
Read More4 Expansion Options to Achieve Success for Finance SMEs
The financial industry can be highly competitive almost everywhere in the world, but for SMEs that are successful and experience good growth there are plenty of opportunities to expand even more. However, it is important that you expand in the most appropriate way, depending on where your business is based, the economy at the time…
Read More7 Tips to Build Your Business Through Customer Service
Your customers form the backbone of your business. Because of them, your business grows. That’s why you need excellent customer service. It builds customer loyalty, improves customer retention and assists your long-term growth and success. As part of your successful business strategy, implement seven customer service tips today. 1. Meet Needs In an effort to…
Read MoreAre You Mentally Equipped to Depend upon Others?
I guarantee that there comes a time when growing businesses outgrow the original span of control of the entrepreneur. It is a critical period, and is a test of the entrepreneur’s desire and ability to delegate. And I found from experience – after investing in many other entrepreneurial businesses over the years – that this…
Read More4 Growth Hacks for Your Ecommerce Startup
Growing an eCommerce business is difficult. Unless you are offering a product that is proprietary, you might be facing stiff competition from not only other merchants like yourself, but also from others selling on Amazon. An inevitable consequence of this is a price war and low margins to work with. As a result, Ecommerce is…
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