Small Business

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Avoid The Biggest Inventory Mistakes This Holiday Season

The holidays are a trying time of year for most people, but especially for small and mid-sized retailers. In preparation for increased orders and fulfillment demands, businesses worry about having enough inventory in stock and their ability to quickly track, pack, and ship orders.

Retailers’ inventory management concerns are well warranted. How well retailers manage their inventory ultimately determines their profitability. Yet, even businesses that feel prepared for the holiday rush often still make mistakes when it comes to properly managing their inventory and operations.

Are Performance Reviews Really Helping Your Organization?

 Each year thousands of companies across the country have their managers fill out review sheets about their employees. Those employees have a meeting with their manager, discuss what they’ve done well and what they need to work on, and then they go back to work.

The thought process behind these performance reviews is that they are an effective way for managers and their employees to discuss openly about how they’re doing and what they can do to improve. A recent article by The New Yorker found that these reviews are falling out of favor with some companies.

Are You Truly Closing Out Your Sales Pitches?

There are so many aspects of making a successful sale that it can be difficult to know which one to focus on the most.

The preparation, the research, and the actual pitch are all important, but what really counts is the close. Closing a sale means sealing the deal and earning the money, but too often, business owners don't know how to effectively make this happen.

Entrepreneurs: 3 Ways To Better Manage Your Money

It takes courage to start a new business. While your initial mission may be to make money, a point will come when you'll have to change tactics. You'll have to switch from offense to defense. If offense is making money, then defense is money management. As your business matures, getting good at money management will begin to top your list.

Are Baby Boomers and Millennials Driving Your Business?

Millennials are a driving force in today's consumer world.

With the millennial generation making up about one fourth of the American population, they have a big hand in the consumer world. Companies, from the auto industry to the work out gear world, are trying to win them over.

6 Crucial Leadership Attributes You Need in the Workplace

In today’s workplace, one must possess leadership attributes to be a leader or to qualify for leadership advancement. An employee must possess the main elements that will bring success and allegiance to a leadership role. The following are five leadership qualities that you need in the workplace if you intend to succeed:

Information about Starting a Business and Recognition Jewelry

Starting a business is an important step in life. It gives you the chance to take charge of your destiny, earn what you want and determine how your business will be run. While it may be exciting to start your own company, it can also be a challenging experience that you need to be well-prepared for. There are various factors that are worth considering before you leap into the world of business ownership.

Growing a Business: Ideas for Getting Around in Your Industry

Decision-makers in business know it takes a variety of traditional and non-traditional strategies to raise their brand visibility. In addition, it requires tactics that target and engage with a broad industry audience. The first objective is to implement industry and customer-facing projects. The second is consistency with the tactics that yield the best results. The following four ideas will meet these objectives, and grow any business a little better in their industry. 

5 Ways to Improve Your Company’s Finances

There is always much to occupy the minds of business bosses, regardless of the size of the company or the industry being operated in, but financial strength and flexibility is always a goal well worth pursuing and prioritising.

Here’s a look at a few ways in which small business leaders might look to improve the financial position of their company in the short, medium and longer term.

Time Your Texts for Best Possible Results

As the old saying goes, timing is everything.

This is especially the case when it comes to your text message marketing campaigns.

Here are just a few reasons why the timing behind your texts could be the difference between marketing success and flat out silence:

Doing the Time Zone Shuffle

Depending on the type of business you run, there's a good chance your marketing endeavors aren't limited to your region of the country. That's why it's so important to pay close attention to the time zones in which you're targeting with your text marketing campaigns.

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