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A sad and oft-repeated truth is that half of all new businesses fail within the first five years. Although many factors contribute to business failure, a common culprit is poor cash management i.e. cash flow. All businesses, large and small, must …
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[Read more] about Cash Flow Concepts That Can Save Your Business
Your business’s ability to retain customers is one of the most important components to sustain growth and profitability. Here are the three retention questions every business owner should be able to answer: What percentage of your customers return …
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[Read more] about Basic Customer Retention Questions You Need to Answer
Whether you are hiring for the first time, filling an open position, or conducting annual performance reviews, finding a salary range that attracts and retains valued employees can be a difficult task. Here are some suggestions to help make the …
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[Read more] about Make Setting Salaries Easier With These 5 Steps
Roughly 90% of all businesses lack a strategic plan. Yet running your business with intention ensures you get from point A to point B the most efficiently. One of the best ways to set your intentions for your business is with a Strategic Plan. If you …
Many factors play into a potential customer’s decision to buy your product or service, but one thing is clear — online reviews are at the top of the list. A recent study by BrightLocal reveals that 91 percent of people read online reviews before …
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[Read more] about Make Online Reviews Work For Your Business
