Financial Ebb and Flow: Dealing With the Ups and Downs of Doing Business

Business slowdowns affect nearly every industry. Sometimes, these slowdowns are seasonal — a dip after the holiday shopping season is common in the retail industry, for instance, and the fast food industry tends to see a slowdown in the first few months of each year, when people are fresh off their New Year’s resolutions.

Businessman riding the wave

If you’re a small business that hasn’t been around for very long, these slowdowns can seriously affect both your cash flow and your bottom line. Owners of new businesses tend to freak out when such slow periods come around, often rushing out with unplanned marketing advertising rejigs and hastily done layoffs.…

Continue reading →

How to Get the Most out of your Training Courses

What result signifies the success of a professional training course? Is it gifting of key skills to professionals and businesses? Is it the effective communication of key learnings? Is it an improvement in business operations and profitability as a result of the new skills and knowledge acquired? Or is it the commercial success of the course? The simple truth is that all of these outcomes are required for a training course to be considered a success.

Training course marketing

But in order to achieve the ultimate goal of commercial success, you need to create courses that address specific needs in your industry – and then promote them effectively.…

Continue reading →

Understanding the Basics of Acquisitions

An acquisition is a financial term that describes what happens when an organization develops its competences and resources by taking over a different company. There are many different types of acquisition strategies. More information about the various strategies can be obtained through General Equity – Acquisitions.

Acquisition agreement

Some of the popular strategies include single purpose documents and standalone acquisitions, as well as multi-purpose documents, which are more comprehensive. Regardless of the chosen strategy, the goal of an acquisition strategy is always to minimize the cost and time used to obtain a specific, validated need and this is achieved through sound business practices and common sense.…

Continue reading →

How NOT to Ruin a Corporate Event With your Music Choices

Getting the music wrong at your corporate event is not what you, as the organiser, want to be remembered for. There are many pitfalls and obstacles to consider but by taking three key areas of consideration at the basis for your decision, you can avoid even a slight disaster.

Screaming and angry rocker at corporate event

Think about the guests

Before you do anything else it is important to think about who is coming to your event. That way you know whether the music your choice has to be appropriate to your corporate identity, or instead reflect the type of event and its attendees.

If you’re launching a product or out to impress new clients, make sure the band suits the brand.…

Continue reading →

4 Health and Safety Risks When Finding an Office (and How to Look for Them)

Finding an office comes with many requirements. Layout, size and location are things you have to think about. But all of these are secondary to making sure the office is safe to work in. If you haven’t started looking at offices at all, a helpful office relocation guide might be needed. When you’re ready, here are the 5 most important health and safety risks to be aware of before you sign the dotted line.

Workspace

Asbestos

Even though asbestos was banned in the 1990s, asbestos-related disease still kills more people per year than car accidents. If your potential new office was built before the year 2000, there is at least a 50% chance it contains asbestos.…

Continue reading →

The Top 3 Small Business Problems That Are Keeping You From Growing

In today’s economy, it can be hard for a small business to succeed. From bigger competitors to an ever-changing consumer space, getting your small business to effectively grow can be a real challenge. However, there could be things you’re doing as a small business owner that’s making it even harder for you to find the success your company needs.

Business growth

To help get you on a more upward trajectory, here are three of the top reasons small businesses aren’t growing and how to fight against them.

1. Lack of Liquid Funds

One of the biggest reasons small business can’t grow at the rate they’d like is a lack of funds.…

Continue reading →

How to Market your Business and Score the Best Employees

Hiring quality employees is one of the most important parts of running a successful business. You have to have workers you can rely on to get the job done so you can spend your time doing work on the company rather than for the company. However, it can be difficult to know how and where you can find the best employees to work for you.

We are hiring!

To help busy business owners who need outstanding employees but don’t have months to go through the hiring process, here are three tips for how to market your business to get the best employees quickly.

Have Your Website on Ready Alert

When you have an available position within your company, you’ll likely only get resumes and applications from people who are currently on the job hunt.…

Continue reading →

What You Should Know Before Buying a Condo

In the condo market, you may find once-in-a-lifetime deals for your personal or business investing endeavor. But you can also find trouble – especially if you do not ask the right questions. It is important that you do your homework if you do not want to watch your dream of owning a condominium turn into a nightmare.

Condo apartment flats

Ideally, you should be looking for a stable community, such as those found in Property Guru rumah sewa or any other communities and if you notice any issues, just say no. If prices are great, you are making a good investment, but you have to make an informed decision.…

Continue reading →

5 Reasons Why your Business Needs Self Storage

Running a business is always a tough thing to do, whether you are struggling for the next sale or are simply struggling to keep up with sales, running a company is generally stressful, time consuming and one of the biggest challenges you may ever face, which is being self-employed is definitely not for the faint hearted.

Business owner in a self storage

As business owners, big, medium and small, we are always looking for ways to be make our company more profitable and more successful, and whilst this often comes from making more money, it can also come from saving money and making business decisions that improve your business on different levels than just seeing increased pound signs.…

Continue reading →

3 Reasons to Invest in Knowledge Base Software That You Haven’t Thought of Yet

If you’ve considered investing in knowledge base software, you’ve probably already looked at the typical reasons that companies add the tool to their arsenal. Knowledge base software supports customer service, giving your employees the tools they need to help your customers quickly and efficiently, and in some cases, giving your customers more self-service options. A well-developed knowledge base helps improve staff productivity as well.

Man seeking info using knowledge base software

When all of the answers they need are at their fingertips, they don’t waste time searching for information. And knowledge base software helps keep you customers happy. Not only can they get help quickly, but a comprehensive knowledge center increases the likelihood that they will get the rights answers when they need them.…

Continue reading →