Murphy’s Law states that anything that can go wrong, will go wrong. Crises are always around the corner, whether or not you and your business are prepared to handle them. You may never escape the possibility of things going south, but you can develop a crisis management plan that can help reduce, if not eliminate, their devastating aftermath. [Read more…] about The Benefits of Crisis Management in Your Marketing Strategy
Organizations of all sizes struggle to retain top talent and improve performance of those at all skill levels. A mentoring program is one way to deal with both of these issues. Internal mentoring programs have a number of benefits for employees throughout their careers, though the greatest benefits are for new hires. Here are three reasons your business needs an internal mentoring program.[Read more…] about 3 Reasons Your Business Needs an Internal Mentoring Program
As your business grows, you reach a new perspective about what is possible. Besides expanding your business nationally, you may also want to expand your business to an emerging economy.
If, for instance, your market research shows that your products will be well received in India and your cost of doing business will be lower there, then you may want to jump on that option.
Still, it’s not always smooth sailing when it comes to setting up a branch in another country. Here are some challenges that you may have to face and some suggestions on how to deal with them: [Read more…] about 5 Challenges To Overcome When Expanding Your Business To Emerging Economies
If you’ve made the decision to start a franchise, it’s because you realized after doing your due diligence that your chances of business success would be much higher if you used a turnkey business model rather than starting one from scratch.
In effect, you were buying a proven system already in place, with plenty of support on how to run the business. After reviewing the best franchises, you decided to go with one that had a well-established corporate image and that had succeeded in creating high brand awareness for its products or services. [Read more…] about 5 Steps You Can Improve Your Franchises’ Customer Experience
As a business owner, it is more than likely your establishment will be accepting debit and/or credits as methods of payment (if this isnâ€™t the case, it might be time to seriously reconsider this decision). As such, there is no better way to guarantee a successful business day than to have your payment processing systems up and running, ready to accumulate capital for your business while enabling your customers to enjoy your products and services. Without the certitude of being able to accept payments in a timely manner, any given establishment could easily lose a number of customers. [Read more…] about Choose A Reliable Payment Processing Provider Today
Starting a small business is not an easy feat. It involves money, time, dedication, luck, hard work, passion, and most importantly, the knowledge to make your business a success. If you are thinking of creating a business abroad, it is understood that the risks are greater of starting fresh in a foreign country. However, only you can tell if this is the right decision for you to take and whether the risks of building a business in a foreign land are worth it.
Japan is the second highest-ranking country in Asia when it comes to global competitiveness. Many expats are attracted to opening a business in Japan because of this and many have met success in their venture.If you want to try your luck in the land of the sun, here are just a few things you should know. [Read more…] about How to Start a Small Business in Japan