The business world thrives off of communication. In many instances, a failure of a business can be traced back to a lack of communication between its different divisions, and an inability to execute its mission effectively. Businesses, small or big, need to find an effective option when it comes to …
In many cases, the goals of an entrepreneur and the way they portray their business align rather well – there is no dissonance between external branding and internal goals. But for some business owners, there is a lack of cohesiveness in what the business is trying to say. These are the busine…
For those of you who have met with some degree of success as a business owner, congratulations! There are few professions that demand as many skills and talents as being an entrepreneur; you not only have to run your business, but you have to be able to work every single position successfully. Being…
Starting and operating a successful business requires an incredibly diverse set of skills and talents. It isn’t enough to be good at just putting a plan to paper, being a convincing salesperson, managing money and finances, or improving upon existing products and services. You have to have *al…
Ratings: Five Actions You Can Take to Ensure You Are Rated Well I was lucky enough to attend the British Excellence Forum with a group of clients at Celtic Manor a couple of weeks ago. There were some excellent speakers there covering many aspects of business. I decided that I would use one of thes…
Some business owners scoff when I suggest it’s possible to double one’s customer base in a single month, but I honestly believe it’s because most set their expectations too low. For some reason, people seem to only expect growth in line or slightly about the rate of inflation, so they believe …
How much time do you or your sales staff spend looking for new prospects rather than developing a stronger relationship with your best clients? At this point I typically hear “I’ve already gotten my current clients to buy, it’s time to move on to the next prospect!” OK, but how do you get th…
A strategic alliance is when your company enters into a loose partnership with another business to help each other make extra profits. Here are four strategies for building effective strategic alliances: Define your target market. This is a fundamental when it comes to any form of marketing. Failure…
Setting up a business is like riding a roller coaster without a safety harness. It’s a tough call, growing a business into a successful enterprise; it requires leadership skills, critical thinking and perseverance. Running a business is both exhilarating and scary at the same time. During the bad …
In the current competitive environment, you need courage to build a business and earn handsome profits. With the constantly changing dynamics of the economy, it requires considerable amount of courage to battle all the urgent changes within the market, while trying to keep your company stable agains…