Organization

Strategic Partnerships for Small Business



One of the biggest strengths that small and medium-sized businesses have over their larger corporate competitors is the ability to engage with the local community in truly authentic and personalized ways. This is commonly exemplified quite clearly through the relationships you build with customers and clients. However, an alternative opportunity for community engagement — both incredibly powerful and frequently overlooked — exists in the form of other local organizations....

Techniques for Better Productivity

For most small business owners, the old phrase “so much to do, so little time” rings frustratingly true. With a virtually endless amount of tasks to deal with, it’s easy to feel overwhelmed. Of course, giving in to such feelings is oftentimes the worst thing one can do. Dwelling on feelings of discouragement or frustrating generally leads one to being even less productive, thus furthering a negative cycle. Instead,...

Handling Seasonal Differences in Cash Flow

Summertime means lots of change for many industries and for many areas of the country. For example, summertime is usually booming for beach towns and vacation hot spots, while it is usually a down season for university towns and ski resorts. Countless companies and organizations are forced to deal with the ever-changing ebb and flow of income and customers. Doing so in an intelligent and well-planned manner is an...

5 Ways to Improve Organizational Efficiency

According to the Houston Chronicle’s very useful small business guide, organizational efficiency is defined as an “organization’s ability to implement its plans using the smallest possible expenditure of resources.” The benefits of improved organizational efficiency are obvious — but the methods by which you can achieve this lofty goal are not always so clear. That’s why we’ve compiled this helpful list of five ways to improve organizational efficiency. Communication....

3 Ways Your Business Can Go Green

A growing number of businesses are investing impressive sums of capital into green technology and other environmentally friendly expenses. Wondering why they are making this decision? Wondering if and how your business can do the same? Read on to find out. The benefits of going green. Making environmentally conscious choices can have some very positive effects on your business. For one, Uncle Sam tends to look favorably on expenses...

5 Time Management Tips for Small Business Owners

The responsibilities of running a small business can really add up. In order to be healthy, happy, and productive as a business owner, it is very important to manage your time correctly. Here are five tips that can help you. Set Daily Goals. Each and every morning (or, better yet, each and every evening), set some concrete goals for the day ahead. Most motivational psychologists recommend striving for balance...

Techniques for Better Productivity

For most small business owners, the old phrase “so much to do, so little time” rings frustratingly true. With a virtually endless amount of tasks to deal with, it’s easy to feel overwhelmed. Of course, giving in to such feelings is oftentimes the worst thing one can do. Dwelling on feelings of discouragement or frustrating generally leads one to being even less productive, thus furthering a negative cycle. Instead,...

5 Traits All Successful Small Business Owners Have in Common

It’s not easy being a small business owner. At the end of the day, all of the weight of your business falls onto you. However, if you possess these five traits all small business owners have in common, you can handle any challenge. 1. Passion- At the heart of every successful business, there is passion. If you are not absolutely in love with what you do, you won’t be...

Building Good Business Credit

It’s no secret that many small businesses have less-than-stellar credit. Because of this, many such companies must rely on alternative sources of funding when they need to finance a project, stay afloat during tough times, or turn the dream of expansion into a reality. Unfortunately, alternative sources of funding sometimes come with higher interest rates or other conditions that makes them less favorable than the traditional bank loans that...

5 Tips Every Entrepreneur Needs to Hear

Each and every successful small business tends to be successful in its own unique way. Struggling small businesses, on the other hand, are often very similar: they often fall into the same traps. If you are an entrepreneur building your small business and dreaming of the success that lies ahead, make sure you take these 5 tips into consideration. 1. Hire Slowly and Fire Quickly. This is one of...