Tag: business consulting
The economic fallout from the coronavirus (COVID-19) pandemic has forced business owners to reevaluate their operations and make difficult decisions. One place to look for the information you need to make rational, reasonable moves is your financial statements. Under U.S. … Read More »
Business Briefs. Comments Off on Using your financial statements during an economic crisis
Every company has faced unprecedented challenges in adjusting to life following the widespread outbreak of the coronavirus (COVID-19). Small businesses face particular difficulties in that, by definition, their resources — human, capital and otherwise — are limited. If this describes … Read More »
Business Briefs. Comments Off on SBA offering loans to small businesses hit hard by COVID-19
In business, a failure to evolve may lead to failure. One way to keep your company rolling is to regularly adjust how you market products or services to customers and prospects.
A marketing strategy shouldn’t be a knee-jerk reaction to some … Read More »
Business Briefs. Comments Off on Marketing is a game of adjustments
Most companies wouldn’t go into business without some basic types of insurance in place, such as property coverage and liability policy. For a company with more than one owner, there’s an additional type of risk-management arrangement that needs to be … Read More »
Business Briefs. Comments Off on How’s your buy-sell agreement doing these days?
Have you applied for a business loan lately? Or had some repairs done on your facilities? Maybe you’ve signed a contract with a certain technologically inclined customer or vendor. In any of these instances, you (or one of your employees) … Read More »
Business Briefs. Comments Off on Digital documents with e-signatures aren’t going away
Many of today’s businesses employ workers from across the generational spectrum. Employees may range from Baby Boomers to members of Generation X to Millennials to the newest group, Generation Z.
Managing a workforce with a wide age range requires flexibility and skill. … Read More »
Business Briefs. Comments Off on How to make the most of your multigenerational workforce
To guard against natural disasters and other calamities, many companies buy business interruption insurance. These policies provide cash flow to cover revenues lost and expenses incurred while normal operations are limited or suspended.
But buying coverage is one thing — making … Read More »
Business Briefs. Comments Off on Getting help with a business interruption insurance claim
The word “concentration” is usually associated with a strong ability to pay attention. Business owners are urged to concentrate when attempting to resolve the many challenges facing them. But the word has an alternate meaning in a business context as … Read More »
Business Briefs. Comments Off on Look closely at your company’s concentration risks
Most business owners would probably agree that, when it comes to sales, there’s always room for improvement. To this end, every company should strive for organic sales growth — that is, increases from existing operations unrelated to a merger or … Read More »
Business Briefs. Comments Off on 3 best practices for achieving organic sales growth
What can AI do for my business?
You’ve no doubt read articles or heard stories about how artificial intelligence (AI) is bringing sweeping change to a wide variety of industries. But it’s one thing to learn about how this remarkable technology … Read More »
Uncategorized. Comments Off on What can AI do for my business?