Posts Tagged ‘Growth’
7 Ways to Invest Your Business’s Disposable Income
As the owner of a business, you may be familiar with the expression, ‘You’ve got to spend money, to make money.’ While it might be great to have lots of cash in the bank, there are things you can do to invest disposable income to help improve your business operations. Knowing where to start though…
Read MoreBuying Multi-Units in a Franchise: What You Need to Know
As you prepare to close the deal on your first franchise, you will be offered a one-time opportunity for purchasing additional units. This is the multi-unit agreement. To incentivize the purchase of additional units, franchisors oftentimes discount the second and third unit franchise fee up to 50% or more. The deeper the discount, the more…
Read More5 Growth Hacking Tips for Small Business Owners
Growth hacking is one of the most important aspects small business owners need to take care of in the modern marketplace. If your business is not able to expand at a competitive pace and connect with a loyal and growing user base, you won’t stand a chance. Growth hacking, if done well, can get you…
Read MoreWalmart Acquired ModCloth But Left Customers Unhappy
The news of Walmart acquiring clothing and apparel giant ModCloth has spread like wildfire. Skeptics and industry leaders have shown mixed reactions to the news, more so because ModCloth is a favorite brand among fashion enthusiasts and a young clientele. Now with Walmart at the helm of affairs, customers are not shying away from showing…
Read More10 Leadership Communication Tips to Build Employee Engagement
According to a fairly recent study conducted by the Gallup Business Journal, only a mere 30% of employees in the US are actively engaged in their jobs. Now, with this in mind, it’s no wonder that retention as well as enhanced productivity strategies are currently becoming a quintessential consideration for different organizations in the US…
Read MoreEverything You Need to Consider if You’re Experiencing Rapid Growth
Many businesses are currently confounding market expectations, experiencing large profits in the post-Brexit landscape. How these businesses treat this sudden profit expansion will be vital when securing their long-term future. If your business is currently experiencing growth, then you have three options: Continue as you are Invest inwardly in your business’s expansion Invest outwardly in…
Read MoreThe Essentials You Need for International Expansion
Once you’re successfully up and running on a national scale, you might want to think about where you can go next to turn your small business into something bigger and better. A great way to do this is to move onto the international scene and get your goods and services sold overseas. There isn’t a…
Read MoreAvoid the Race to Zero
When do you sell your company? Obviously we all want to sell at the top. And there is the problem. How do you know when you are at or near that right point to sell for maximum value? Those of us in the business of calculating (guessing) this mythical peak in value often make the…
Read MoreHow to Scale Your Business without Burning Out
Every entrepreneur would love to quickly scale up their business to the point where it was making significant revenues. That, of course, is easier said than done. To scale your business requires an incredible amount of time and effort, and a little bit of luck thrown in for good measure. Many well-meaning entrepreneurs have found…
Read More5 Tips for Growing an International Company
In an ever-changing world, diversifying your business opportunities is the key to success. As the world grows increasingly interconnected thanks to technology and globalization, we have the chance to change not only how we do business, but where we do business. Expanding to global markets isn’t just for large companies with seemingly unlimited income; small…
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