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April, 2022

6 Benefits of NFTs for Your Business

Submitted by Betty White on Fri, 04/01/2022 - 10:35

There is a lot to gain in the modern marketplace by being one of the first to jump on a hot new trend. NFTs have become all the rage; however, many businesses are still trying to wrap their heads around some basic concepts. Although you can achieve amazing things with this technology, some are still skeptical. To shed some light on the subject, we will take a look at six benefits of NFTs for your business.

How to Protect Your Business Supplies and Equipment From Damage

Submitted by Elena on Thu, 04/07/2022 - 14:10

If you've been in business any length of time, you'll know that every dime and every dollar needs to be accounted for. Supplies and equipment that gets lost, stolen, or damaged is effectively just money down the drain for a business.

So, what can you do to prevent this from happening?

That's where the art of inventory management comes in. The more you know about your business, its products and services, and the processes that use them, the more prepared you'll be to manage the assets that make up your business.

5 Phrases Successful Businesses Never Say

Submitted by Mich Rebecca on Thu, 04/14/2022 - 08:15

Words and inner beliefs have the power to build, but they also have the power to destroy. They can convey strength or weakness. They can inspire armies to conquer nations, and they can take the wind out of your sails.

One of a leader’s most potent strengths is their choice of words and actions. It can determine their effectiveness and be a powerful contributor to their success.

A Quick Guide to Starting a Boat Building Business

Submitted by Elena on Fri, 04/15/2022 - 12:03

Sailing and spending time out on the water is something that can bring a lot of people a sense of adventure, happiness, and peace. If you are someone who has always had a passion for sailing and an interest in maritime pursuits, and you have a talent for building and designing, perhaps you have already considered a career in boat building? This is a great way to combine these two interests, and it can be a lucrative business if you are good at it. While shipbuilding focuses on larger vessels used for the navy and commercial use, as a boat builder, you could design and bring to life the kind of boats that people can use for leisure. If this sounds like a dream job for you, below are a few tips on how you can start a boat-building business.

6 Customer Retention Strategies to Improve Your Small Biz

Submitted by Tracie Johnson on Thu, 04/21/2022 - 08:52

Customer retention is essential for the success of every business, whether small or large, and adopting an appropriate retention strategy is of the essence. From modern to conventional approaches, or a blend of both, business owners can adopt many viable and effective customer retention strategies. Below are some customer retention strategies to improve your small biz.

1. Use Appropriate Customer Outreach Strategies

Adopting an appropriate customer outreach approach is undeniably one of the most effective ways to build and maintain a healthy relationship with customers. How you reach customers even in their space matters greatly and can determine how they respond to your brand. Before deciding which communication channel to use, pay special attention to customers' preferences and privacy.

How Can Content Affect Brand Reputation of Small Businesses

Submitted by Mich Rebecca on Thu, 04/21/2022 - 13:11

If you’re like most people, you’ve had the experience of visiting a company’s website and quickly clicking the “back” button, filled with frustration or indignation. While web content may seem like a simple thing, it has the power to make a profound impression on customers, and poor web content can feel outright insulting. Sometimes, a visitor navigates to a web page only to find it so riddled with ads and annoying pop-ups that they can’t locate the content they’re looking for.

How to Create a Good Business Exit Strategy

Submitted by Betty White on Wed, 04/27/2022 - 16:37

Sometimes you have to be honest with yourself and realize that nothing lasts forever. Perhaps the best days are over, or maybe you want to get out while the getting is good. Whatever the reason, it's entirely possible that you will reach the point where the best course of action is to sell your business and move on. Instead of improvising on the spot, the transition will be much easier if you already have a plan. Here’s how to create a good business exit strategy that will guarantee your financial security.