Operations

Operations (145)

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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Tips to Winning Your Small Claims Case

Whether you are the plaintiff or defendant – small claims court is both intimidating and nerve-wracking. You may feel anxious, intimidated, and helpless as you get ready to plead (or defend) your case. While each small claims case is different there are things that you can do to be better prepared for your day in court. Here is a check list of five details to pay attention to before and during your day at court.

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Businesses Must Adjust To Climate Change; 5 Ways Toward Sustainability

As climate change causes worldwide concern and prompts calls for governmental action, consumers are putting the onus on businesses to step up their sustainability standards and practices. A Nielsen survey, for example, showed that 81 percent of global consumers feel companies should help improve the environment. And with governments across the globe struggling to reach an international consensus on climate change, close observers of business and the environment, along with a high number of CEOs, agree: Private industry should take the lead in driving sustainability.

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The 5 C’s That Can Help Businesses Ride Out Tough Times

With corporate CFOs expressing worries that 2020 could bring a recession, businesses small and large know they need to hope for the best, and brace for the worst. But, as important as business savvy and financial expertise can be in riding out difficult times, other traits also come into play and may be just as essential, says Marsha Friedman, a successful entrepreneur who still leads a business she launched three decades ago.

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The Difficulty And Benefits Of Instituting SOPs

Why do some people feel SOP is a bad word? Why would anyone resist a standard operating procedure (SOP)? Committing a procedure to paper seems to make sense, but then there are complaints like, “We need to stay nimble,” “I already know how to do it,” or “It's too complicated to put into words.”

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Why Teaching Employees Your Company Financials Is A Winning Formula

In many businesses a wide gulf exists between ownership and the workforce, a disconnect that can leave employees feeling undervalued and wanting to leave. The high cost of replacing them means it’s important to find ways to retain the best performers, and studies show that transparency and education from the top can be a solution, boosting employee engagement and motivation.

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Repeat Customers Top Small Business Plans, but That's Not All

A new year is often the best time to assess performance and set goals of what you need to achieve in the coming days. Some of the plans that you can make as an individual may include exercising more frequently, improving your health, or spending more time with your family. For business owners, however, their plans are different. Making new resolutions at the beginning of a year can help align and focus on business efforts and energy. Here are some of the plans that American businesses are prioritizing in 2020.

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How To Work Successfully With A Supplier

If you already work with or need to find a supplier for your business, then you may want to consider the type of relationship you’ll establish. A supplier relationship can be integral to the success of the business, so it’s one that you want to nurture and foster. From amicable to difficult or mutually rewarding, the way you treat your supplier can define this important relationship.

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Top 3 SMB IT Trends & Tactics for 2020

Now that 2020 is in full sight, it’s the perfect time for SMBs to start preparing for the year ahead. With industries constantly in flux with new technologies and solutions, as well as rising challenges, it’s important to stay on top of emerging trends and keep one step ahead of potential obstacles.  

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UPS Delivery by Drone

UPS is experimenting with drone delivery– adding to their fleet of trucks, planes, and trains. But don’t expect UPS drones to deliver your holiday packages this season. For now the package delivery company’s drone-powered off shoot UPS Flight Forward is experimenting with medical prescriptions only.

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