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Some businesses have trouble dealing with criticism online. If you have an irate customer bad mouthing your business on social media, how would you respond? This article on The Guardian Small Business Network has some sensible advice for anyone unsure about how to handle negative feedback on social media, including the importance of listening carefully…
Many small businesses are a closely knit team. But even if your business can’t stay together in person, there is Cloud software to bridge the gap and make sure your processes are working as intended. Make collaboration part of the nature of your business and don’t let distance be a barrier to your success.
(via WinWeb Business Blog)
If you work in an industry such as fashion, then your business may have a lot of problems with fake goods. According to the infographic below, China is still THE major producer of counterfeit goods despite efforts to crack down on it legally and educate people about copyright. About half of the seizures in the…
Let’s imagine you have come up with a revolutionary business idea. Do you know what the next step would be if you plan on turning that idea into a reality? This interesting article from the BBC Business website concentrates on examples of people turning great ideas into viable businesses. There is often a huge disconnect…
What’s your strategic plan? For many entrepreneurs, the only strategic plan they’ve ever needed is simply “doing things” – even if the results are sometimes lacking. This picture contains a quote from Herb Kelleher, former CEO of SouthWest Airlines, who evidently did not put a lot of stock in the merits of the planning process!
Where would your business be right now if it were not for your customer base? Most small businesses rely on the loyalty and goodwill of their customers in order to stay in existence. Make sure that you have the software you need to be able to give them the experience they desire.
(via WinWeb Business Blog)
Most small businesses come into existence because of the passion of the owner for a particular niche or hobby. But there is no denying that some industries are a lot healthier than others and more likely to yield a profit. Do you know if your industry is currently expanding or contracting? The infographic below might…
It’s good news for the economy, after the first quarter has shown some promising results for the UK economy. Since the economic crash of 2008, it’s been a rough ride for the UK. With the economy growing and falling so much in recent years, according to the Guardian, the rise of 0.6% from the previous…
It may have all started with Dragon’s Den, but entrepreneurship competitions have never been as popular as they are now. Why do so many large companies and universities now run their own versions of these competitions and why do we love them so much? The answer to the second part of that question probably lies…
The Business Quote topic for this week is inspired by work. Many small business owners will have to to work tomorrow even though it is a public holiday in both the US and the UK, because if you are an entrepreneur you can always find something important to be doing in relation to your business.…
