Leadership and the Success of Your Small Business
Leadership Tips for Small Business Owners We’ve all had experience with different leaders in our workplaces and communities. Some people are calm and collected, and some are fiery and passionate. Some are more courageous and others cautious and methodical. There are benefits and drawbacks to the various leadership styles, but no matter how outwardly different, […]
How to Keep Your Small Business from Failing
How to Keep Your Small Business from Failing According to recent reports, the economy is booming, and it seems that now would be an excellent time to start a new business. The failure rate of new businesses is sobering, though. Bloomberg research shows that eight out of every ten businesses fail within a year and […]
The Value of Cross-Training Employees
The Value of Cross-Training Employees There are many advantages to cross-training employees. The greatest advantage being that in the absence of an employee, someone is available to step in and keep the business going as usual. Any disruptions in operations or other transitions can be handled, allowing the business to continue to run smoothly. No […]
The Benefit of Transparency
Why Transparency Matters You know you have everything in place to run a successful business but you are frustrated that your marketing is not getting the results you want. If you seem to be losing more sales to the competition than you are winning and few customers are turning into repeat customers it is time […]
How to Create a Customer-Focused Culture
How to Create a Customer-Focused Culture Automation is changing the way we live and work, and in most cases, the change is for the better. But there are some things that still require the human touch and despite all the technological advances in recent years, no one has figured out how to automate great customer […]
The Value of Giving Back
The Value of Giving Back So, you’ve tightened up your processes, have the right people working for you, secured proper financing and your company is growing nicely. Time to sit back and enjoy, right? Not until you show gratitude for your success. Of course, your success has come by the sweat of your brow and […]
Know Your Competition
Do You Need to Know Your Competition? Why are you better than your competition? Do you know what differentiates you from your competitors? Most business owners believe their company is better than their competitors, but knowing what sets them apart is critical. The problem is that it takes time and effort to learn about your […]
Hiring a Great Team
Hiring a Great Team Millennials have a big emphasis on work/life balance. They spend less time at the office and more time working by staying connected on social media. As the upcoming heads of companies, the workplace is already in an altered state. Hiring a good team is essential to any business. It is important […]
Know Your Factor
Know Your Factor It’s been a hot summer and the regional factoring companies are being acquired at a record pace. Last month three more factors were purchased by out-of-state banks. This is accelerating the trend of new banking institutions entering the market by purchasing local factoring companies. As a professional, it’s important you know that […]
Factoring vs. Asset Based Lending
