A poll run by the Small Business Administration discovered that around 21.5% of businesses closed within their first year of launching. The most common reasons for failure cited poor cash management (82%), incompetence (46%), inexperience in management (30%) and inexperience … [Read more...]
6 Business Strategies to Achieve Thriving Profits
Planning, flexibility, and organization skills are crucial strategies for a business to thrive. These are some of the many ways to guarantee your business succeeds. Growing your venture is vital for the survival of the venture. If you begin a business and it survives, you may be … [Read more...]
Increasing The Scope Of Your Business: 5 Trusted Solutions
Now there are many ways in which you can increase the scope of your company but what are the best ways to The ‘scope’ of a business basically consists of all the activities that fall within its boundaries. So in business terms, the scope of a business would directly affect … [Read more...]
Distressed Businesses
A distressed business is one that is not performing up to the mark or is faced with some kind of trauma which financially handicaps it. A distressed business is unable to meet its financial obligations because it cannot generate enough income. Hence it cannot meet everyday … [Read more...]
Preparing Your Business While The World Navigates A Pandemic
This year has seen the world change drastically. Nobody could have predicted that we would all be globally fighting a virus and tackling a pandemic that we have not seen for years. These are unprecedented times and many businesses have been forced to shut their doors or operate … [Read more...]
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