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It's important to take the long view in business and marketing strategies, and a key component of that is budget planning. If you wait too long, there may be opportunities that pass you by. Whether you're a small business owner, a department head, or part of...
Embarking on the journey to acquire a business is an exhilarating step for any entrepreneur or investor. It promises new opportunities for growth and expansion but also comes with its fair share of complexities and challenges. To navigate this intricate process successfully, it's crucial to understand...
In the face of an ever-changing economic environment, businesses are increasingly confronted with a myriad of risks ranging from financial uncertainties and supply chain vulnerabilities to cybersecurity threats. Effective risk management is no longer a luxury but a necessity. Here’s how companies can identify, assess,...
Scaling a business is a milestone that many entrepreneurs aspire to achieve. It's a sign of growth, success, and market validation. However, behind the allure of expanding operations and increasing revenue lies a range of hidden costs that can pose significant challenges. Understanding and preparing for...
In the competitive landscape of today's business world, the question often arises: what truly sets successful companies apart from the rest? While there are various factors at play, one crucial element stands out—it's the people behind the scenes who make all the difference. The Power of...
The nonprofit sector plays a crucial role in addressing global challenges, yet it faces persistent obstacles that hinder its effectiveness. Chronic underfunding, outdated technology, and inefficient practices are just a few of the issues that need urgent attention. Why is the nonprofit sector struggling? It’s important...
“It’s not personal, it’s business.” Pick your movie of choice from which this quote is included: The Godfather or You’ve Got Mail. In the latter, we see Meg Ryan say, “What is so wrong with being personal anyway? [...
In today’s dynamic business environment, customer centricity is not just a buzzword, but a strategic imperative. Regardless of whether your business is B2B, B2C, or operates in the nonprofit space, placing the customer at the core of your operations can significantly impact your success. Here’s how...
Growth is an exciting part of any business journey. It brings new opportunities, expands your market reach, and can ultimately lead to greater success. However, it's also a double-edged sword with its own unique set of challenges, or “growing pains.” Here, I explore four common issues...
Four-day work week: yay, nay, or neutral? Your answer might depend on your role. It is an important conversation to have, as many companies—small, midsize, or large—are either already implementing this model or are thinking about it. As a CEO or other business leader, it’s perfectly reasonable to...