Every year, there are hundreds – if not thousands – of businesses that breeze onto the scene and make themselves known. Unfortunately, only half of those businesses that emerge will be a success, while the other half fail. Business owners in such choppy waters need to have nerves of steel and a heart that is ready to deal with the blow if they get knocked back. Image Source It makes
By now you will probably already be aware that lots of different countries have their very own business culture and etiquette. This means that they go about their business transaction in unique ways and have set up their own traditions and processes as a result. Have you ever wondered if you might be able to take a leaf out of a different country’s book, and use their best business tips
Everybody on the planet has the skills to be creative in one way or another. One person might be great at drawing, while another might absolutely love making furniture out of tree trunks. Different strokes for different folks! Some people love creating things so much that it’s all they ever want to do. When you feel like this, it only make sense to work on making money from your artistic
Photo – Pixabay Networking is important for most people, no matter what line of work they are in. If you are self-employed, then getting to know people at networking events can help you land your next client, and it can also be an advantage for those who are in full-time employment as it gives you the chance to meet and discuss things with influencers in your industry. However, networking can
Translation services are a very particular type of business. That means to run them successfully and make a profit you need a very particular set of skills. Of course, part this is your talent in understanding something in one language and being able to convey it in another. However, don’t forget the business side of the equations either, as that is vital to thriving too. So, with that in mind
The title couldn’t be more true. You enter business with your focus purely on profit. Why wouldn’t you? There’s no better feeling than finding your feet, and making some good headway in terms of profit. But being money hungry and purely focused on that is some business’s downfall. All their attention will be on the money element, and they’ll fall short in other areas such as quality, customer service, or
Image Source Most businesses today don’t begin with a shop lease being signed and a store opening on the high street. The majority of businesses are now opening on ecommerce websites like these and are running out of offices and home offices. There’s nothing wrong with opening a business online, but when you do that while also having to hire out warehouse space for storage and you have to buy
Hotel Lobby. Source When done correctly, a hotel business can bring in loads of money. I’m sure you’ve all stayed in a hotel before and been amazed at how expensive it costs. Now, times what you paid by how many rooms are in the hotel, and you get a pretty massive figure. The take-home is large, but it’s not all sunshine and rainbows when running a hotel business. In fact,
When you run a business, your main aim is probably to make a profit. This may sound simplistic, but it can be really tough out there. Up to 90 percent of startups fail, so you’re doing well if you manage to survive the first stage. It’s not easy to turn a new venture into a profitable company, but one thing is for sure. Having a cohesive team behind you can
Credit In business, a sense of control is rarely a bad thing. The more in control you are, the more you are able to ensure that your customers are going to be satisfied. Control means you don’t have to leave anything up to chance; that you’re always going to be in the driving seat. Control is a good thing– but it’s notoriously hard to find in the ecommerce world. After