Purpose – The purpose of this study was to explore strategies used by successful female entrepreneurs to manage the challenges of running a small apparel business. Design/methodology/approach – A qualitative research design was used. Primary and secondary data were collected on small business in ...
Whether or not we fulfill our basic needs—movement, food, sleep, and human interaction—adds up, eventually impacting how we mentally, emotionally, and physically handle the demands of running a business. Investing in your wellbeing is just as important as investing in your business. Try a ...
Exploring the market in China brings a mix of opportunities and challenges for foreign companies. Language and cultural differences Running a business in China requires effective communication in Mandarin. China also has distinct differences in business etiquette, communication styles, and decision-making ...
Always have a plan B for when times get tough. Not sure where to get started? Check out this business continuity plan template.Small business owner responsibilities Looking for more practical strategies? No matter what kind of small business you're running, there are certain responsibilities that...
In a tough economy, people tend to contract rather than expand, thinking that's the prudent way to survive. You shouldn't spend money foolishly, but running a business out of fear never works. It's seems counter intuitive, but that kind of thinking can actually tank your business. This ...
Owners and staff at small companies wear a lot of hats. It’s not uncommon to find the back office manager also running the Facebook page or the customer service representative also running Instagram. While that might need to be the short-term fix, it won’t help the business grow. Think...
Whether you’re running a small business or a giant ecommerce operation, SEO success is vital for a modern online marketing strategy. Each of these SEO case studies shows key takeaways and tactics you can apply to create the most effective strategy for your business goals. ...
Not Using a Budget If you’re running your business by the seat of your pants, just hoping that there will be enough in the bank to pay the bills at the end of the month, it won’t take long to wind up with more debt and financial responsibilities than you can handle. ...
one of these will likely emerge as a capital drain and put pressure on the other. To avoid this problem, small business owners must be heavily capitalized—or secure extra income to shore upcash reserveswhen
A small business is a company of relatively limited size, as measured by its revenue, number of employees, or both. Often described as the backbone of the U.S.economy, small businesses range from sole proprietorships to partnerships and corporations with multiple owners and sometimes hundreds of...