The thought of starting your own business is already a risk itself. There is no guarantee that you will be making enough revenue to support your monthly business expenses. You can’t even tell if you can get your capital back after a few months or years of operation. Still, many brave souls are taking the…
Owning and running a business successfully is not an easy task. And you should be proud of yourself for being able to achieve that. But, what next? You’d want to scale up your small business, expand to new markets, and increase your profits. And believe us when we say, it’s easier said than done. Perhaps,…
It can be said that we have all seen at some point in our lives some form of marketing whether it be strategic, specific, or ad campaigning billboards, but the one that is proving highly popular of late and taking the world by storm is a method called guerilla marketing. When we first hear the…
Customer churn is the process of losing customers. Losses could be due to subscribers leaving for another business or simply choosing not to renew their subscriptions. Identifying these types of behavior patterns helps marketers uncover which individuals are at risk of leaving and what can be done to keep them around. This information can also…
When customers first encounter your brand, they experience a host of emotions. But they all boil down to two very basic questions: Is this business offering what I want? Do I feel safe? In this post, we focus on the latter question. Customers need to feel safe when they interact with your firm. If they…
Perception can be a real issue for leaders. They need to decide how they want their employees to see them and then act accordingly. In most cases, leaders choose a combination of stoic-strong, closed-off, and loud-mouthed. Some bosses want to be seen as a bit of an asshole. This is a strategic choice, usually intended…
Reputational risks can be a real problem for small business owners. Whether it’s a single tweet, an opinion piece in the local newspaper, or just an angry customer who has had enough, reputational risk can have severe consequences for your company. This article will talk about how to manage these risks and what you need…
Small businesses have a lot to handle. The biggest challenge American entrepreneurs face is operating smoothly on a budget. Maximizing your productivity is the best way to achieve your targets without worrying about money. However, productivity can be evasive for small companies with limited resources and a massive workload. But it shouldn’t keep you from…
If you want a successful business, then you need a well-constructed marketing strategy. Marketing is absolutely essential in helping you achieve your sales targets. You simply cannot rely on word of mouth about great products. You have to market them effectively. As the world changes, so do marketing techniques. The way customers want to be…
If you operate as a cannabis cultivator, the output and quality of yield can make or break your business in the long run. Growing for profit also means that you have to stay ahead of the competitors in the tight market. Everything boils down to having a good yield season after season, but it is…