Thanks to a massive shift in technology, companies are starting to adopt flexible work arrangements for their employees. Companies are incorporating flexible work schedules, which involve giving employees the freedom to arrive and depart from work at varying times. This change in the professional landscape has proven to be beneficial for employers looking to increase business profits. Even human resources professionals are supporting the initiative; urging more employers to bolster their efforts towards this kind of set-up. Here are the main reasons why you should welcome flexible work schedules.
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Topics:
small business,
increase sales,
business needs,
customer loyalty,
rewarding staff,
trade dollars,
increase profits
It’s no secret that online sales are quickly overtaking those made over the counter. Customers love the convenience of shopping from their office, at home, and on the go. If you’re not building your e-commerce presence, you’ll find your business will be left behind.
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Topics:
clear excess stock,
small business,
attract new customers,
unrealised potential,
increase sales,
business needs,
trade dollars
Emails are a necessary part of everyday business communication. They can also be a major distraction that eats up your time and negatively affects your productivity. With emails now on your phone, it’s even easier for your attention to be hijacked by the ‘ping’ of every notification, losing valuable time that should be spent growing your business and getting more customers.
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Topics:
business strategies,
Workplace productivity,
small business,
business blog,
business needs
Whether you have plans to expand a business or you’re starting up a new venture, there is generally a time when a cash injection is required to help boost the business and increase profits.
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Topics:
growing your business,
small business owner,
increase profit,
restaurants,
hospitality,
strategy,
small business,
build business networks,
increase sales,
business needs,
networking,
customer loyalty,
trade dollars,
marketing
Finding business partners that share similar markets to you can help you leverage your business, increase business profits, and expand your customer base. The problem is many business owners are scared off by the statistics - at least 50% of partnerships fail in the first 2-3 years! That’s enough to make any business owner decide to tough it out alone.
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Topics:
small business owner,
increase profit,
small business,
build business networks,
Leadership,
increase sales,
trade dollars
It’s an age-old dilemma. Diversifying your product range can help you meet a broader range of customer demands, but will it spread you too thin? Devoting your resources and energy to a narrower product range may ensure greater quality, value, and market share, but do you risk putting all your eggs in one basket?
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Topics:
increase profit,
small business,
attract new customers,
branding,
unrealised potential,
increase sales,
business needs,
networking,
customer loyalty,
trade dollars,
marketing
Businesses set long-term goals to help them measure their success. However, as a business owner, you must also set attainable and specific short-term goals that support the bigger picture. Invest time to create scalable plans that will accelerate your business along the path toward your long-term vision. Here are examples of short-term goals, which can pave the way towards achieving your long-term objectives.
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Topics:
small business,
attract new customers,
build business networks,
branding,
goals,
networking,
customer loyalty,
marketing
Businesses are always looking for new ways to generate extra income and boost their market share. When a brand develops and markets new brands that are slight variations on similar, existing products, the result is a phenomenon known as brand proliferation. Below, we discuss what you need to know about brand proliferation and how it impacts your business.
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Topics:
small business,
attract new customers,
branding,
barter,
business needs,
customer loyalty,
marketing
Each year seems to arrive earlier than the last, and in a world steeped in new and rapidly evolving technology—smarter AI, leaner management systems, more flexible mobile solutions, and more—we’ve adjusted to the reality that nothing stays the same for very long.
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Topics:
business strategies,
growing your business,
attracting new customers,
increase cash flow,
small business,
build business networks,
increase sales,
business needs,
trade dollars
Being a small business owner is an enormous task. Much of the operational responsibilities of your business rest on your own shoulders. With so much on your plate, it’s no wonder that business owners often fall into habits that may not always be healthy for their business.
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Topics:
small business owner,
bartercard,
strategy,
starting up your business,
small business,
business start-up,
save cash,
business needs,
trade dollars,
marketing
