Operations

Operations (154)

Is the USPS an Essential Business?

As different states in the US continue implementing the stay at home order to limit the spread of the coronavirus, the majority of the nonessential businesses such as movie theatres, bars, restaurants, and other businesses continue to be closed. However, essential service providers, such as grocery stores remain open, and people are allowed to go shopping in such areas. However, the biggest concern is what will happen to nonessential businesses. Similarly, differentiating an essential business from the nonessential businesses is one of the challenges that have rocked government agencies.

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How Business Leaders Can Bring Stability And Hope In A Time Of Uncertainty

Many business leaders face extreme challenges during their career, but the coronavirus pandemic is uncharted waters for all. Most offices and stores are closed across the U.S. to combat the spread of COVID-19. Companies still operating are mostly working remotely, and many are doing business differently to adjust to the new normal. As uncertainty continues to reign, how should leaders respond to new fiscal challenges and what guidelines should they follow?

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How To Keep Your Passion For Your Business

At some point, the grandeur and excitement of starting a business wears off, and you might suddenly lose steam. It’s not that you feel regret or dissatisfied, it’s just that the day-to-day operations still feel dull even with your own business. The start-up whirlwind of applications, business plans, ideas, building, buying inventory, making things, getting your first customer and then more customers was all exciting, but now it’s just rinse-and-repeat, a rhythmic routine known as the daily grind.

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Protect Your Organization Against Cyber Threats

Cyber attacks are imminent. According to a ThreatPost article, “Most organizations have experienced some type of attack within the course of a year, with only 7 percent of respondents claiming not to have experienced an attack at all.” An organization must change their rationale from “what will we do if we get attacked” to “what will be do when we get attacked.”  Having a solid plan will decrease the time it takes to fend off the attack and save the company thousands of dollars.

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Planning A Successful Corporate Retreat

Though a corporate retreat sounds like a luxury, it’s one that pays dividends as in investment in your organization. A leadership team that gets along better performs better, and a retreat is a perfect time to make sure that everyone is on the same page for your business.

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Best Business Structures

Deciding which business structure your newly created company should have is one of the most (if not the most) important legal decision an owner can make. The chosen business structure will dictate day-to-day operations, the amount of taxes accrued, and legal liability should anything happen. There are four different types of business structures in the United States – each structure has both positives and negatives.

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Does Your Business Need Voice Services?

If your business is feeling overwhelmed by phone calls, hiring an answering service, virtual receptionist, or call center can alleviate problems and improve customer and employee satisfaction. Although chatbots and text can help with some customer needs such as appointment-setting and bill-paying, the need for human voice communication is critical to the success of any business.

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Is Alibaba Safe?

Low production costs equal a higher margin – something that any business savvy company strives for. To do this they often turn to questionable suppliers or opt for inferior material. Other times they elect to buy supplies in bulk – as many suppliers offer a discount the more of the same item that is purchased all at once.  While Amazon, and E-bay are popular e-commerce destinations for bulk supplies – Alibaba, a Chinese B2B online commerce company that specializes in bulk shipments and cheap prices is becoming well known in the global community as the one-stop-shop for all B2B supplies. But with accusations of scam artists, wrong items, and delayed shipments it has left many companies wondering about the safety of Alibaba.

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Develop These 6 Skills to Make Your Business Better

Running your own small business in this age of fierce competition has lots of responsibilities attached. This is even harder when everything is at its initial stages. As such, having some knowledge on how to effectively run operations may come in handy as it allows you to understand necessary aspects of business operations. Such knowledge will also enable you to make your business successful and turn you into a good manager. Below are six skills that can help you make your business better according to the Young Entrepreneurs Council.

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Are Growing Pains Afflicting Your Business? How To Successfully Scale Your Company

Ambitious entrepreneurs often are determined to grow their businesses by expanding into new areas, adding new products, and increasing the size of their workforce. But growth comes with potential hazards, which is why one of the leading causes of business failure is overexpansion – growing too much too fast.

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