Why Have a Physical Location

Why Have a Physical Location

Choosing a suitable location truly has the power to make or break the success of your business. There are a multitude of factors that need to be taken into consideration any time you decide to relocate or think about renting office space.

the worker of the future

The Worker of the Future

The most-valued skills of a worker have continually been updated throughout the history of mankind. Today, in a world that is continuously changing in a short space of time, skills related to the ability to change and adapt to new situations are critical.

Audit

What is an Audit

Audit. Do you panic when you hear that five-letter word? You might think an audit is the last thing your business needs, but they aren’t always bad. Regular audits can be more like a routine maintenance check than an invitation for IRS penalties.

The Importance of Storytelling

The way companies can tell their stories has changed. No longer is it purely through advertising or journalists producing articles. Today, a brand’s narrative can be told just as effectively through social media and crowd-sourced content.

Key Business Strategies

Key Business Strategies

New companies often face unique challenges. Specific strategies, such as identifying product strengths, adjusting pricing, or acquiring another business, have historically been used to get a small enterprise off the ground. Understanding these business strategies, and skilfully implementing them, can help entrepreneurs achieve success.

Downsizing in business

What is Downsizing in Business

Global organisations downsize for a whole raft of reasons, and not always disconnected from the demands of shareholders. But at the SME level it’s often a financial necessity for keeping the business or department afloat. That said, it also comes with a number of sometimes unforeseen downsides that can be exacerbated by a poorly planned downsizing strategy.

How to Improve Your Company’s Sales

No matter your budget, there are always ways to increase sales and grow your business. But one of the trickiest aspects is increasing your sales when your budget is tight. Whatever the reasons are, it could be challenging to increase sales while keeping your marketing and advertising dollars under control.

FuckupNights: the initiative that helps you understand why your project has failed

Do you dare to share your company’s failures with a broad, global audience? Would you put everything there in full public view so that people can criticize and learn from them? Well, your answer to this will depend largely on where you are from.

Inventory management

How to Achieve Better Inventory Management

The word “inventory” is something that any start-up entrepreneur hates hearing. It is by far one of the least glamorous aspects of running your business, however, at the same time, it is one of the most important. Inventory management involves lots and lots of counting, writing and searching around for things that have somehow gone missing.

5 Valuable Business Strategies

Technological advances, customer expectations and especially globalization have increased the need for higher productivity. After all, most entrepreneurs must now compete with companies in countries such as China and India where labour costs are a fraction of what they are in North America and Europe.

What is the Circular Economy

In a circular economy, economic activity builds and rebuilds overall system health. The concept recognises the importance of the economy needing to work effectively at all scales – for large and small businesses, for organisations and individuals, globally and locally.

The Different Types of Inventory

Inventory management, it is a word hated by most operators of eCommerce stores and is by far the leading cause of headaches. If you mess it up and don’t do it properly, you can lose a whole lot of money, especially when you have products that are seasonal, can expire or are otherwise time-sensitive.