Business Strategies

It seemed like the world was ending for small businesses last year when the pandemic began. Many businesses had to close down for good. Some had to rely on loans and government grants. Some had to shift to other businesses types to be able to survive. But, as the economy started to recover and as […]

Retail businesses cannot survive without warehouses. You will definitely need one for distribution purposes. However, just buying or leasing one does not end your tasks. How you manage your warehouse is equally essential. Your customer service function ultimately depends on your warehouse efficiency. It is about how fast you can move your goods from the

There is no question about it: owning a business is way, way better than being employed. It is a lot of risks, yes, but it is also gratifying and fulfilling. The pandemic should be making us all rethink our career options. Should we stay with our current employers, or should we start our own business?

Whether you’re a small business owner or an entrepreneur, you’ll likely need to invest in your business at some point in your career. Sometimes this is necessary for the day-to-day operations of your company, but other times it may be because there are certain areas of growth that require fresh capital. In either case, understanding the different

Running a business can be tricky. One wrong move, and you could be facing a lawsuit. There are several ways to avoid lawsuits, but the most important thing is following the law. Lawsuits can be a painful and costly experience for any business. Whether you’re just starting or have been around for years, avoiding lawsuits

As social and environmental issues continue to grow, businesses have gained new responsibilities. Now, aside from making their customers’ lives easier, they should also support a cause. Such is called corporate social responsibility (CSR). Supporting a cause shows that a business isn’t all about making money. Instead, they want to make money to give back

After going through a lot of sacrifices and sleepless nights, you’ve finally established your business. Operations are going smoothly and revenue is rising. It has been the best season for you and your business until you lost money out of nowhere. This can happen to anyone who’s a business owner, especially if the business isn’t

One harsh reality that many entrepreneurs must never forget to internalize is that no matter how motivated or inspired they are to pursue a business venture, everything in the business world is always associated with the risk of failure and unsustainable performance. Most especially with the gloomy financial circumstances faced today, economic turbulence is expected,

There are businesses you can do online without a physical space. Online shops are a big hit now because of the pandemic. Even food businesses can thrive without opening up an actual restaurant or kiosk. If you are one of those successful online business owners, do you have plans to open up an actual space

Starting a business can be an exciting and terrifying endeavor. You are starting something new, but you’re also taking on the responsibility for its success or failure. This is why entrepreneurs should research the things they will be responsible for when they start a business. This way, they can avoid some of the most common