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Business

What is Customer Churn? A Helpful Introduction

Savvy business owners always have a carefully planned customer acquisition strategy in place to boost operations and sales. However, attracting new customers does not guarantee they will stick around. Businesses will lose customers. It’s inevitable. The cycle of new customers…
March 3, 2020
man doing stocktaking of product in cardboard box on shelves in warehouse by using digital tablet
Business

Inventory Turnover Ratio – Moving Your Business Forward

Running a business requires up-to-date inventory management. When the demand for your products or services is high, you need an accurate inventory ledger to ensure production is meeting consumer demands. Conversely, when demand is low, business owners need to slow…
March 2, 2020
man looking at his phone while also doing work on his laptop
Business

Three Helpful Tips to Prevent Email Overload

Emails are a necessary part of everyday business communication. They can also be a major distraction that eats up your time and negatively affects your productivity. With emails now on your phone, it’s even easier for your attention to be…
February 26, 2020
Business

Five Ways to Increase Online Sales for Your Business

It’s no secret that online sales are quickly overtaking those made over the counter. Customers love the convenience of shopping from their office, at home, and on the go. If you’re not building your e-commerce presence, you’ll find your business…
February 26, 2020
two businessmen shaking hands on becoming strategic partners
Business

Nine Top Tips for Building a Strategic Partnership

Finding business partners that share similar markets to you can help you leverage your business, increase business profits, and expand your customer base. The problem is many business owners are scared off by the statistics - at least 50% of…
February 19, 2020
colleagues sitting at a laptop discussing ideas for the year ahead
Business

Four tips to take your Business further in 2020

With 2020 comes a new decade, and with it, a new range of challenges every successful business must overcome to increase sales and grow their customer base. How can you set your business up for success, while also setting yourself…
February 19, 2020
Business

Short-Term Goals to Aid Your Long-Term Business Vision

Businesses set long-term goals to help them measure their success. However, as a business owner, you must also set attainable and specific short-term goals that support the bigger picture. Invest time to create scalable plans that will accelerate your business…
February 14, 2020
Business

What You Need to Know About Brand Proliferation

Businesses are always looking for new ways to generate extra income and boost their market share. When a brand develops and markets new brands that are slight variations on similar, existing products, the result is a phenomenon known as brand proliferation. Below,…
February 12, 2020
Business

Three Great New Year’s Resolutions for Your Business

Each year seems to arrive earlier than the last, and in a world steeped in new and rapidly evolving technology—smarter AI, leaner management systems, more flexible mobile solutions, and more—we’ve adjusted to the reality that nothing stays the same for…
January 28, 2020