A business planning process is a systematic approach to defining a company’s direction and making decisions on allocating its resources to pursue this direction. It involves evaluating the current state of the business, setting goals and objectives, and...
According to studies, within 115 days of inception, 87% of eCommerce businesses fail. Although opening an eCommerce store can be lucrative, you should consider the risks first. If you are on the brink of launching an eCommerce business, don’t focus on its...
Many chief executive officers (CEOs) have been seduced by easy-to-use strategic templates, which produce a careless and unsystematic business strategy in a society where they are time-starved, stressed, and over-caffeinated. Downloading templates, however, often...
Data analytics is very important if you want to build a successful. It can help an enterprise in different ways, such as customizing promotional messages for a particular client and identifying and minimizing business risks. Let’s look at the top...
The nature of small businesses is that successes are built on top of each other. Every month, you may face a new challenge — and it’s up to you to deal with those issues. This article will look at how to grow your business as a small business owner. 1. Think big...