What Does It Take To Be Successful?
5 Business Plan Must-Haves
December 12th, 2023|
After you’ve really researched the kind of business you want to start, it’s time to make a business plan. Writing a business plan [...]
10 KEY ELEMENTS OF A BUSINESS PLAN Your Way To Success
December 11th, 2023|
A business plan is essential for the company's inception, growth, and overall success. The key elements of business plans provide the vision and [...]
7 Tips for Selecting – The Best – Colors for Your Website
December 10th, 2023|
What would happen if you had a black and white website? It would not be pretty. Unless...but, more on that later. Colors are about much more [...]
Simplifying Small Business Health Care Benefits with UnitedHealthcare
Companies that want to stay competitive must offer healthcare benefits for their employees. Offering health insurance is also a great way to improve employee retention. According to a Willis survey, 93% believe that healthier workers are more productive. The same study also concluded that healthy employees reduce healthcare costs. Most employers understand that offering health care benefits attracts and retains employees. It also boosts morale and productivity. Still, many employers struggle to choose the right health plan for their employees. The process is often complex and tedious. But it doesn’t have to be. UnitedHealthcare’s new online health coverage has simplified [...]
Ensuring Success: How to Take Your Healthcare Business to New Heights
In today's world, we are constantly looking for ways to improve our lives. This extends not only to our well-being but also to our professional lives. When it comes to the healthcare industry, there is a massive boom taking place right now. As an entrepreneur or business owner in the healthcare industry, you may wonder how to take your business from good to great by capitalizing on these trends and opportunities. Fortunately for you, many ways can help ensure success in this booming sector. The Healthcare Industry Is Indeed Experiencing a Massive Boom The healthcare industry is indeed experiencing a [...]
Six Technologies that Increase the Productivity of Manufacturing Businesses
The manufacturing sector has been at the forefront of technological innovation since the industrial revolution. Sophisticated robots streamline production lines and make products more consistent, while software tools provide product designers with powerful means of turning their ideas into reality. Let’s asses six modern technologies, and see what impact their introduction has had on manufacturing businesses. Cloud Computing Like just about every part of the modern, interconnected economy, manufacturing businesses are making the switch to the cloud. All of the storage is outsourced to an offsite location, which cuts down on the cost of local hardware. Moreover, everyone in the [...]
8 Secrets to Minimize Risk in Business
It is fun to start a business, but it's also risky. Successful entrepreneurs are masters of minimizing risk. Entrepreneurs face risk regarding creating new products, manufacturing them, marketing and selling, offering services, and earning a profit. There are several ways you can minimize risk in your startup. Create a disaster recovery plan. Identify the key components of your business and analyze what it would take to recover it in case of a disaster. For example, one day you get a phone call and a customer tells you that your website is offline. Your next step is to [...]
56 Reasons to Start a Business Now
Are you ready to start a business? This could be your time to become an entrepreneur. Many who dream of starting a business is afraid to take the leap. Don't be one of the millions of people who never could build up the courage to become an entrepreneur. Take charge of your life. There are at least a million reasons for starting your own business, and I have listed some of the most compelling here. 1. Dream. You have always dreamed of starting a business and you have stopped being afraid of it. 23 millions of Americans own small businesses. [...]
Understanding P&L (Profit and Loss) Statements for Business Owners
Many business owners don’t understand their financials because that is not where their interest lies. They are interested in their product or service. However, it is important to understand your P&L. We’re going to give you the rundown on understanding the basics of a P&L. We’ll also explain the role cloud accounting software that can help you easily generate a P & L statement. You will feel more confident in running your business and understanding your financials. Why do you need to understand your P&L? A P&L or profit and loss statement is also called an income statement. It [...]
3 Secrets to Become a Successful Entrepreneur
Do you want to become a more successful entrepreneur? I know I do. Even if I don't always know how.[adrotate group="4"] I wanted to write this post as a reflection on all the interviews we have done on Success Harbor with some successful entrepreneurs. We ask many questions in many different ways. We ask questions, like. How did you get the idea for your business? What were the greatest business challenges in the beginning? What was the biggest mistake that you made with your business? What would you do differently if you could start over? What is the most important skill [...]
The entrepreneur’s guide to running a business from abroad
Whether you’re a frequent traveler or started your own business in a different country from where you live, running your business from abroad is no easy task. This guide might help you run your company successfully from another country. Today’s entrepreneurs know that running a business in a globalized world means a lot of traveling, which means a lot of time away from their company. But leaving a business, you worked really hard for and invested a lot of money in isn’t easy. It comes with a lot of anxiety that everything will go apart if you’re not around. When [...]
How to Identify Your Small Business’s Target Audiences
Defining your target audience is crucial when selling a product or service. It allows you to refine your marketing strategy and minimize the chances of a failed marketing campaign. After all, an unidentified target audience makes it complicated to know who to market your offerings. In this guide, you’ll learn what a target audience is and how to identify your own below. What Is a Target Audience? Target audiences are groups of people you can target with your marketing and advertising campaigns. Essentially, targeting a specific group of consumers helps to generate more sales. That’s because a target audience will [...]
5 Process Improvements for Your Growing Sales Department
Your brilliant sales team likely has a few processes in place. Habits can be great or need adjustments. As you add new people and your company grows, the new and old styles may not mesh. If you want to get the most from every interaction with leads and create a highly efficient staff, you must tweak your processes until you find just the right mix. How to Improve Your Sales Process The Small Business Administration estimates there are 33.2 million small businesses in the United States. While your competition may seem like a much smaller, local pool, you are still [...]
Are Digital Currencies The Future?
Currency is the money that each country owns or generates. Each of these currencies differs and is important for various things. With the rise in black money and corruption, currencies are being handled quite carefully. To be able to save that and reduce it, India came up with demonetization, which, although it did reduce corruption but did not remove it completely. The same way other countries are trying different methods for the same. Most of the world now is digital, and so has our currency. People only use hard money, such as debit cards, credit cards, or online payment methods. [...]
How To Build A Business Around Your Life’s Purpose
[adrotate group="4"] What does it take to build a business around your life's purpose? Andy Hayes is the founder of Plum Deluxe which is a website dedicated to help people create moments that matter. As Andy writes on his website, “I truly believe Plum Deluxe is my life’s purpose. My mission in creating the Plum Deluxe community is to share the story and lessons I learned from my mother, Pam.” In the following interview Andy shares his experience starting and building Plum Deluxe: [adrotate group="2"] Say hi to Andy at plumdeluxe.com.
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