business

No man is an island and you can't operate in isolation when it comes to business. You just have to be in touch with others. This is where keeping a connection coms in. You need to be connected to others in your business or industry. You need to put yourself and business out there to enable you...

If you can not running a personal business then you can be a silent partner in one. Being a silent partner in a business comes with its own benefits. You mostly need to be a financial supporter of a business to become one. So what are the benefits you would derived: You would make passive...

It is always of essence to adopt some strategies that will help to boost sales. Business is for profit maximization and this can not happen without sales One way to boost sales is through expanding into new markets Expanding into new markets might be costly, however, it does increase sales...

it Is on record that a lot of stores especially offline stores go through frequent store theft. This is because a lot of shoppers are always ready to lift items without the intention of paying for them. So it is pertinent to adopt creative means of combating this and bringing such to a halt to...

It is definitely advice that a business owner or business manager try to maintain a good cordial relationship with his or her customers and clients because doing so will make his or her customers and clients to trust him on her and also give to him or her they are trust and loyalty. Maintaining...

Running a successful business needs you having objectives or set goals to achieve. But establishing objectives will need you setting the ones you can actually achieve success with. So how do you adopt objectives that will bring the target desired. This is where the concept of SMART comes in...

In any family business, the next generation's willingness to take action is necessary. There are lots of differences between each consecutive generation. But entrepreneurship does not have to be one of them. During the height of the pandemic, experts conducted some research to understand how...

The financial plan is a document that allows organizations to calculate their expenses to verify the viability of their business, and thus, observe how long it will take to achieve their goals. The main objective of the financial plan is to define the strategies necessary to achieve the economic...

The idea of generational decline in family businesses is nothing new. The old adage from generations to generations seems to exist in one form or another in many cultures and traditions. The common assumption is that the decline is due to some kind of generation gap, with successive generations...

In life there's time for everything. You need to get your life fixed if you want to enjoy it to the fullest You don't have to focus only on an aspect of it or else other aspects will suffered or you don't get to enjoyed them. Family and business are two really important aspects of one's life...

Running business with family members can be cumbersome. This is because some of the family members would want you to mix business with pleasures but this will be to the detriment of the business. So as the business owner, manager or administrator, you need to draw the line but still promote...

Starting a small business is a major decision. As a result, you should not take this thing lightly. To start a business, it requires a great deal of thinking and planning. It is because it needs a big amount of energy, time, and money. Many people want to be their boss and begin a small...

Small businesses are the backbone of the global economy. It provides employment opportunities and drives innovation in many sectors. However, starting and running a small business can also be challenging. And, it is not uncommon for entrepreneurs to encounter a variety of obstacles along the...

A lot of large businesses are looking for suppliers with more competitive prices and better services. This is a great opportunity for small businesses to develop their capabilities. You will have a lot of opportunities coming your way if you just apply some of the small business strategies as...

Doing well in business will need you increasing your repeated customers. Repeated customers are those buyers that come back to patronise your business again and again. They are more than loyal customers, they are like the backbone of the business. You can keep increasing this kind of buyers for...

At times, when you have a small business, you may feel like you are struggling to get out of the race of competitors who are much stronger than you. Especially in business to business commercial transactions, many large businesses often deal only with suppliers of similar scale. Because a large...

On the business path, not everyone is lucky and successful right from the beginning. A lot of people have failed and only a small number of people had the courage and strength to stand up and move forward in the race ahead. Are you a business person? Did you ever wanted to know the secret to...

There's always need for manufacturing companies to enhance traceability . traceability is all about companies especially manufacturing companies tracking each stage of a product’s life cycle. This is about tracking the production process from raw material purchase up till the last shipping...

How to choose a business partner to help your business bring benefits and limit risks? This is probably a question many businesses are wondering when choosing a partner for their business organization. Let us know how to choose a business partner to bring optimal benefits to your business. The...

It is necessary to implement a system that will look for your market at your website. What does that mean? This simply means, that you should go to the platform where your target audience could be found. Why is exposure to the internet a benefit to you? Primarily, you are looking for the traffic...