As a business owner, you quickly learn where the majority of your profits come from – your loyal customers. Those are the ones that continue to buy from you no matter what. With a sale or not, they are there to support your business. Unfortunately, not every client...
When you’re running any business, relying solely on your intuition is a risky strategy. This is why business analytics is so important. It is the pivotal point that can hold a business together, showing results that allow business leaders to see their results and...
Although it may seem to some that the price of a company and its value are the same thing, this isn’t the case at all. In fact, the differences are simple but crucial. If you understand the distinction between the two, you can have greater leverage when negotiating...
The world of business is continually changing thanks to fluctuating political forces, economic conditions, and new technology. Organizations that fail to keep up with the pace of change risk falling behind. With progressing pushing businesses forward, it’s never been...
Companies that focus too heavily on their short-term results are said to be suffering from short-termism. When business owners work towards short-term goals at the expense of value creation and long-term interests, problems will inevitably arise. For any business,...