What makes a good manager? What are the characteristics and qualities of a good manager? Do you want to learn how to become a good manager in business? Then read on. For an organization to be successful, there must be a good manager. The same is applicable to business management. There are a number of …
A - Z of Managing a Business Successfully
Is your business team performing below average in customer service and delivery? If YES, here are 25 sure ways to increase productivity and efficiency in business. Surveys have shown that 80 to 90 percent of people spend less than 50 percent of their working time on things they say are their top goals. This is …
Do you own a small business and you desire to manage it effectively? If YES, here are 10 tips that will help you run and grow your business successfully. As an entrepreneur, I bet that it’s your dream to build a big business empire or conglomerate. Bear in mind that every mega corporation that exist …
Have you read The Mafia Manager? If you had the opportunity to sit face to face and learn some uncommon, underground business success secrets from a shrewd mafia manager, will you grab it? If your answer is yes, then sit back as I share with you; 25 small business management success principles I learned from …
Is your business presently strong enough to survive a recession? If NO, here are 10 strategies that will help your business survive the coming recession like the one caused by Corona Virus or the global financial meltdown? These were the exact questions thrown to me by my protégés while I was speaking to them on …
What is the impact of an economic recession on a small business? And what are the best strategies to implement to reduce the harsh effects of a recession? Well, i advice you read on to find the answers you seek. The impact of a recession can be very damaging not only to households but to …
Are you experiencing problems in your business? Are you on the verge of business failure? How do you handle business challenges? How do you solve critical business problems? What are the exact steps to effectively solve problems in business? How do successful entrepreneurs and drop out billionaires such as Bill Gates, Larry Ellison, Warren Buffett, …
Over the years, I have watched several companies; both big and small close shop due to unforeseen business challenges. I have seen giant companies disappear just because of a single change in trend or government policy. Now while I do not intend to list such companies that went down the road; it’s my ultimate aim …
What are the best cost reduction strategies a small business can implement without hurting the business and its people? What are the best cash flow management strategies? Do you want to learn how to run a business on a lean budget? Then i advice you read on. One of the most tedious; yet most important …
Many people nurse the dream to start their home-based business. But soon after achieving that dream, they discover that running a business effectively from home isn’t as rosy as they thought. Most aspiring entrepreneurs erroneously think that getting a home business up and running is the most important thing, so they plan only for that. …
Do you want to start a business on the side while keeping your day’s job? If YES, here are 5 sure tips to run a business effectively while being employed. Coping with the demands of your day job is a big struggle in itself. And the struggle becomes even bigger when you have a side …
Today, customers are now getting so much used to paying with credit cards that they hardly carry cash around. This explains why you must have a system for accepting credit card payments for your small business. Without such a system, your business would shut out several potential customers and lose out on tons of sales …
Most business that eventually grow big started small just like Apple® and Microsoft®. Some of them started from the garage and they eventually grew to become a household name all over the world. The truth is that beyond having a fantastic business idea, commitment, discipline, dedication and attention to details are some of the basic …
There are a lot of factors that help employees to be effective, efficient and to meet and yet surpass various targets in the workplace. One of the factors is a safe working environment. The truth is that creating a safe working environment is not just the responsibility of the management of an organization, but also …
Do you need ideas on plants for an office with no light or window? If YES, here are 50 best indoor office plants that fits a desk and requires low maintenance. At about 1980 and 1984 NASA carried out a research that proved that plants could remove chemicals in the air. This included formaldehyde which …
Do you own a business? Here are 10 examples of government regulation & policies that hurt small businesses and what you can do in the future to save yours. Small businesses are the epitome of innovation for the American economy. They wear many hats, from hiring and managing employees to monitoring profits, to paying bills …
Do you want to hire a turn around specialist but you don’t know what to expect? If YES, here are 10 things a turn around specialist can do for your business. Businesses go through hard times and the economy or overall market conditions negatively affect businesses. For this reason, there are professionals who are dedicated …
Healthcare institutions generally implement process improvement procedures to help reduce operating costs and improve the quality of patient care. Utilization review and management procedures play a very crucial role in medical process improvement activities. Although the two terms are often used in the same way and to mean more or less the same thing in …
Inventory management is a step in the supply chain where inventory and stock quantities are tracked as they move in and out of your store or warehouse. Inventory tracking and management systems are used to track the lifecycle of inventory and stock as it comes and goes out of your business. This is in-fact the basis …
Businesses always decide to lease equipment, vehicles and tools for their business, as it can be a more cost-effective alternative to buying outright, especially when you are just beginning. When leasing a car, you make fixed monthly payments. At the end of the lease period you won’t own the vehicle but may have the opportunity …
A commission merchant is any individual or entity that is engaged in the business of receiving products for sale on a commission basis on behalf of another. A commission merchant acts as the agent of the seller, the seller retains title and the commission merchant sells the commodities on a consignment basis. A commission merchant …
Do you intend to hold a business meeting anytime soon? If YES, here are 10 Practical Business Meeting Do’s and Don’ts you can apply to achieve success. Whether you’re a business owner or an employee in the business world, you’ll have cause to attend business meetings either regularly or on occasions. These meetings serve as …
Do you want to know the major knowledge management systems? If YES, here are the two major knowledge management systems with their pros and cons. Knowledge Management Systems (KMS) is a priceless tool for big and small businesses, external customers, and internal employees. There are multiple types of Knowledge Management Systems that you can easily …
Planning is a very vital component of any form of management. Its primary objective is to make plans to efficiently leverage available resources and contribute to the general effectiveness of achieving a primary goal. Detailed planning has always been attributed to improved efficiency and sustainable growth. Owing to the dynamic nature and the competitive market …
Greed is an excessive form of self-interest that leads individuals to pursue material wealth and immaterial desires with little or no interest in the well-being of others. However, management greed isn’t the quest for material success because that is why you already own a business in the first place. Rather, management greed is a trait …
PayPal is regarded for its online payment processing solutions for both businesses and customers. Credit card processing can sometimes be costly, but the fees for those who use PayPal’s payment processing apps and readers are reasonable. Signing up for a subscription is free, and there are no other types of contracts or additional payments. PayPal …
Businesses all around the world are operated based on the ethics of the industry in which the business is operating. As a matter of fact, there are things that are acceptable in an industry that is not acceptable in another industry. This goes to show that one law does not cover all industries. But when …
Buying a car for business is one of the easiest escape routes for people who are finding it difficult to secure a good-paying job or even keep paid employment. With a car of your own, there are quite a number of businesses you can do and still have time to yourself. example, you can start …