How to Craft a Business Plan for Your SMB

Each and everysmall businessis faced with a unique set of challenges: How to Come out of obscurity, attract investors and customers, and achieve long-term growth. Well, a business plan is the cornerstone of these efforts. It will help you gain a sense of direction necessary for navigating the labyrinth of daily decision-making. So, here is how you can put together a professional and comprehensive document, and get your operations off the ground.

5 Good Reasons Why Social Media Marketing Is Important

Social media has changed our lives drastically. It didn’t only impact the way we communicate but the way we shop as well. People now turn to social media when looking for products and services and that’s why you simply have to make sure you use networks such as Facebook, Instagram and Twitter to promote your business. And if you’re still not convinced, make sure you check out this list of 5 good reasons why social media marketing is important.

5 Tips on Improving Your Corporate Culture

One of the key factors that will influence the overall success of your business is your corporate culture. A strong corporate culture enables you to recruit the best employees and retain them as long as possible. It also fosters a work environment where employees are engaged and more productive. Finally, a well-developed company culture will leave a good impression on your business clients

The best culture to adopt is one that values the diversification and uniqueness of the team. While the team may share common goals and values, it also understands the benefit associated with team members having different backgrounds and life experiences.

How To Use Slack to Increase Collaborate With Your Team

Slack is without doubt one of the most popular tools for workplace collaboration today. Launched less than five years ago, the online communication platform already enjoys a daily active user base of more than 5 million people. With over 1.5 million paid accounts, Slack is easily one of the top collaboration tools to watch out for in the coming months. From a business owners’ perspective, Slack offers a terrific opportunity for teams to improve workplace collaboration and communication efficiency. In this article, we will take a look at a few pointers that should help your team achieve this.

How to Start your Home Décor Business?

Running a creative business can be fun and also financially rewarding. But the mere thought of starting a business of any scale can also be intimidating. However, with the right information at your disposal, you can take the steps towards building your own business.

If you always wanted to start your home décor business, consider the below points to begin your own entrepreneurial journey.

When to Duck and When to Punch

Research has found out that a high number of customers regard online reviews as a credible source of information for any company. People would first go to find out what others are saying about your products or services and how you respond to opinions, suggestions and criticisms before making a buying decision.

Many business owners feel offended and hurt when they get reviews or opinions that portray then in a bad light, they might feel the customer doesn’t have enough information to make such an assumption or that any problem their product or services caused is as a result of customer error. This might be true, but we need to remember that negative reviews can have a huge impact on our businesses; therefore as business owners, we knew to know when to duck, and when to throw a punch.

Turn Your Diet into a Business: How to Make Money from Losing Weight

Whether you are losing weight for health reasons, want to look better and fit into smaller clothes that you have ready in your closet, or simply want to give yourself a confidence boost, there’s no denying that losing a few extra pounds can be good for both your body and your mind. Weight loss is no easy task. Whether you have a lot or a little to lose – it takes dedication and hard work to get the results that you want. With people of all ages, genders, shapes, and sizes wanting to achieve a slimmer figure, the weight loss and diet industry are booming, with several business opportunities to take advantage of. Here are some great ideas for making money whilst losing weight and helping others do the same.

What Are the Largest Hedge Funds in the World?

Bigger isn’t always better. Sometimes you get investment funds that are too large for their own good. The main issue with the size of funds and the gathering of investment capital is that it’s sometimes-detrimental to returns. Often, the highest returns come from small companies and unusual investments which are difficult to access when you have billions of dollars to deploy into investment strategies. Therefore, it takes a certain kind of skill as either a lead investor or as a team to manage the large hedge funds and achieve pleasing results where fund size isn’t a factor in outperformance of indices like the Russell 3000 Index or the S&P 500 Value index.

What's the Difference Between a Micro, Small, and Medium Business?

You may have heard the terms “micro-business,” “SMB,” or “mid-sized business” used interchangeably to refer to any business smaller than a multinational corporation. However, these terms describe very different kinds of organizations, each with its own specifications and legal status, and the way we classify businesses in the U.S. is important to understand when building a business of any size.

6 Strategies to Finding the Right Products to Sell Online

Coming up with new business ideas can seem overwhelming, however, it is a crucial step that will inevitably shape your entire business. 

Imagine for a moment that finding niche products to sell online is like solving a math problem. At first, it may seem impossible; how can we find a numerical value for X? Until you realise by following a few simple rules you arrive at the correct answer. 

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