Have you calculated your losses due to low productivity? You can't ignore this problem forever. Recent Gallup polling found that $500 billion is wasted on low employee productivity. Reduced productivity throws company operations off course. When one department is slow to produce results, it creates a domino effect throughout the company. If someone doesn't do their job, the … [Read more...] about The 101 on Productivity: 7 Business Hacks Every Small Business Needs to Know
10 Ways Small Businesses Can Compete With the Big Boys
When mass marketers like Wal-Mart and Home Depot are moving into town, many small businesses become fearful for their very survival, particularly if these businesses become a direct competition. Yet despite the emergence of these multi-million dollar businesses, many small businesses continue to thrive and profit in the highly competitive marketplace. You may not be able to … [Read more...] about 10 Ways Small Businesses Can Compete With the Big Boys
How to Grow a Small Business into a Multi-Million Dollar Venture
Some of the biggest conglomerates today started small. Microsoft started in Bill Gates' garage; and so did Apple, which was started in the garage of Steve Wozniack. Mark Zuckerberg started Facebook in his dorm room, and so did Michael Dell when he started Dell. Mattel was also started in the garage of designer and co-founder Harold Mattson, while Google initially operated in … [Read more...] about How to Grow a Small Business into a Multi-Million Dollar Venture
Innovative Ways to Market a Restaurant Business
This morning Tom Martin was the plumber; by mid-morning he was the accountant. All afternoon he was busy doing research and development and ended his work day concentrating on purchasing. Like many small business owners, Tom Martin wears many hats on a typical day as a restaurant business owner. Despite all of his responsibilities as the owner of Taco Box restaurants in … [Read more...] about Innovative Ways to Market a Restaurant Business
What You Need to Know When Starting a Retail Store: Tips to First-time Retailers
Are you dreaming of having your own store? There are a lot of things that you need to understand before starting your retail store. Opening a retail business is more than just leasing a store, putting in shelves and creating your display. Here are some things you need to know when starting a retail store: The store owns you, not the other way around. Once you post those … [Read more...] about What You Need to Know When Starting a Retail Store: Tips to First-time Retailers