If you lived during the time of Christopher Columbus, veering off course when sailing across the uncharted seas could have serious negative consequences—or it could have led you to amazing new discoveries. But when you veer away from what should be the focus of your small business, it can make it harder to reach your […]
What to Do When You Veer From Your Focus in Your Small Biz Read More »
Your business credit score can be the key to unlocking important financing opportunities for your business, so understanding what your business credit score is, how to monitor it, and what makes it fluctuate is critical. Here’s how and where your business credit score is generated, plus what you can do to take control of your
geralt / Pixabay 200-page business plan documents are cumbersome projects that often render themselves obsolete in a fraction of the time it took to initially create the document. Declaring business plans “dead”, however, removes too much of the responsibility around planning as an entrepreneur, often misleading entrepreneurs into thinking that they don’t need to do
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geralt / Pixabay The phrase ‘Data protection’ seems to only come up when something’s gone horribly wrong—like the recent news of Uber’s massive data breach or the huge payroll data leak at Morrisons. But the frequency of data-related incidents could change with the impending General Data Protection Regulation (GDPR) – the EU’s law that comes
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“When opportunity knocks, answer the door.” I’m not sure who originally said that, but its message is clear and wise. And, I think a corollary quote—“Opportunity doesn’t knock a second time”—is also important to keep in mind. I’m making these points because after years of slogging through a ho-hum business climate, it seems that the
Uber is a phenomenon that has disrupted multiple industries all at once. Its practices have made it one of the most valuable and well-known companies in the world. Despite its success, it has suffered some setbacks, but any business owner can learn from those mistakes. It’s important to be able to look into the workings
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The time has come: you’re opening a new business credit card account, or perhaps applying for a small business loan. And you know exactly what’s coming: someone’s going to have to perform a credit check. Even if you have stellar credit, you panic a bit. You ask yourself, Is this going to lower my credit
What is a Hard Credit Pull And Why Does It Hurt Your Credit Score Read More »
Over 1100 small businesses participated in the 2017 State of Small Business Report. Of those, 43 percent either used manual processes to track inventory or didn’t manage inventory at all. If you are a company that has hesitated to add an inventory management system to your operations, the following thoughts might pop up, not only
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PublicCo / Pixabay Very few products in the modern world are the only players in their space. This is where your competitive edge comes into play. You need to stand out from the rest. Think about your favorite products and services. There are probably five to ten companies just like them who offer the same
5 Strategies You Can Use to Give Your Small Business a Competitive Edge Read More »
rawpixel / Pixabay Despite Silicon Valley in San Francisco being renowned across the globe as the place to be for a career in digital, a recent global study shows Silicon Valley as ranking way down at number 15. One of the reasons for this surprising result is the need for a work/life balance. ‘Happiness’ was
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