One of the most widely used words in the workplace today is culture. Everything seemingly ties into culture, and its importance in creating the ideal organization. So, what the heck is culture anyway, and why is it apparently so important? As a youngster, “culture” referred to something being “high brow,” […]
Read MoreHave you ever thought about what drives certain people to achieve superhero-like feats? People such as Thomas Edison who, by himself, amassed over 1,000 US Patents, and potentially twice that many world wide. Maybe it’s someone like John-Paul DeJoria, who went from being homeless to creating not one, but two business empires with […]
Read MorePicture a successful retail business in your head. Maybe you’re picturing a small local shop, or a huge corporate business. What do these two companies have in common? Do they both consistently have the products in stock that you want? Do they both carry goods in-store and online? If the […]
Read MoreIt’s safe to say that 100+-year-old Lammes Candies is already a household name in Austin, Texas. After opening in 1885, this local small business became an Austin staple famous for their pecan pralines — a southern favorite — tapping into customers’ Texas pride by using only Texas-grown pecans. And now, Lammes is […]
Read MoreBusiness development can be one of the fastest ways to grow your business. It can also be one of the most time-intensive. It typically requires focus, planning, stamina, and doggedness. Doing it right may pay big dividends; doing it wrong can be demoralizing. Here are a few tips for effective business […]
Read MoreThere are several reasons why you’d want to build systems and processes in your business. The main ones are: 1. Precision and consistency. By having set processes for how tasks should be completed, you will get consistent quality results. 2. Time and money savings. When employees know precisely how to do something […]
Read More1. To prove that you’re serious about your business. A formal business plan is necessary to show all interested parties — employees, investors, partners and yourself — that you are committed to building the business. 2. To establish business milestones. The business plan should clearly lay out the long-term milestones that are most important […]
Read MoreIn the current economic environment, it is important that businesses find ways to stand out, tighten their operations, and increase their revenues while keeping expenses low. As many businesses struggle to stay ahead of the competition, the day-to-day operations of the business are more than enough to keep management busy, […]
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