The relationship between small business and entrepreneurship
Written by Entrepreneurship is the process of designing, launching, and running a new business or enterprise. Small business development is the process of helping small businesses grow and succeed. But at some point, a small business was a starting point for the founder, and it could be considered one type of startup, Small businesses are […]
Top Tips for Reducing Marketing Stress as a Small Business Owner
Written by When you’re running a small business, there are a lot of important issues that require your attention. Not only do you have to make sure your customers are satisfied, but you’ll also be responsible for looking after employees, managing your accounts, dealing with suppliers, and looking at ways you can move your business […]
How to Improve Employee Retention in Your Business
Written by When running a business that hires employees, the cost of having employees leave and facing the need to replace them can quickly add up, especially if you are running a small business on a small budget. While it’s inevitable that some employees will hand in their notice from time to time due to […]
Why HR Plays a Key Role in an Organization
Written by HR, or Human Resources, is the people part of a business. They run payroll, organize training, arrange staff benefits, and are there to address or find resolutions to colleague disputes and grievances. Most large companies have a solid HR team, it is there to protect them and their staff. So, this article is […]
What is Economic Sustainability? Definition, Importance, and Development
Written by Economic sustainability depends on a number of factors, including the type of economy and the specific goals that are being sought. However, in general, economic sustainability refers to a situation in which the economy can continue to function without experiencing negative consequences such as inflation, unemployment, or unsustainable levels of debt. There is […]
What is Business Development? Definition, Skills and Activities
Written by Business development is a combination of strategic analysis, marketing, and sales. It is the process of identifying and developing new business to create opportunities and then converting them into sales. Business development can be divided into three main categories: market development, product development, and business model development. There are many business development strategies […]
28 Business Objectives Examples to set for Small Business
Written by The objectives of a business are the goals that the business strives to achieve. You should create business objectives when you are starting a new business or when you are trying to improve your current business. A business will usually have multiple objectives, and these will be prioritized according to the importance of […]
Importance of performance evaluation in companies
As companies are facing different challenges, it is important to make note that those companies who survive in times of crisis are those who have a valuable team that can be relied on. The companies who are able to evaluate the behaviour and performance of their employees can have a better picture of their status. […]
What is international business and why should it be developed?
International business is what has allowed the entire planet to take steps together towards the evolution of the economy and the resolution of the needs of populations in different places. Find out in this article what international business is, what is its importance and why every company should bet on it. Written by This post […]
6 Types of products and their classifications
The next time you ask yourself what a product is, the best thing to do is to look around you, the answer will be there. The thing is, not all of them comply with the same type or fall into the same classification. Get to know the types of products and their classifications, with everyday […]