Archives Tag: business growth
5 Habits Of Highly Effective Businesses
April 19, 2022
Highly effective and the most successful businesses thrive on habits and corporate culture; the habits to stay ahead of their competitors. Habits are very strong and great determinants in building powerful enterprises. Just as poor habits influence the growth and development of a company, so does healthy habits. Read more about Business In this … Continue reading 5 Habits Of Highly Effective Businesses
Business Growth Tips: How To Retain Your Most Valuable Customers
April 19, 2022
Your business’s most valuable customers are those who contribute the most to your sales. They purchase more goods or higher value services from you than your other customers. Read more about Business growth tips If they were to stop transacting with you, you’ll record a significant decline in your earnings. So you’ll want to … Continue reading Business Growth Tips: How To Retain Your Most Valuable Customers
3 Ways To Win Back Lost Customers
April 19, 2022
Losing your loyal customers can be worrisome. And if care is not taken, it can spell doom for your business. Losing customers, especially in their numbers, can make an entrepreneur lose sleep. However, there have been several reasons that have been identified why businesses lose customers. Some of them include poor customer service, mediocre … Continue reading 3 Ways To Win Back Lost Customers
Customer Relationship Management As A Tool For Business Growth
April 19, 2022
In the commercial world, the significance of retaining existing customers and expanding business is paramount. The challenges and costs associated with finding new customers mean that every existing customer is important. Read more about Business Customer relationship management (CRM) is the arrangement of strategies and technologies that companies use to manage and scrutinize customer … Continue reading Customer Relationship Management As A Tool For Business Growth
The Effects Of Communication On Business Growth
April 19, 2022
Business communication is the process of sharing information between employees within and outside a company in order to achieve organizational goals and align with the core company values. It involves a constant flow of information within and outside a company. Read more about Business Businesses depend greatly on management functions like sales, planning, logistics, … Continue reading The Effects Of Communication On Business Growth
How Competition Is Essential For Business Growth
April 19, 2022
Competition in business is the opposition or rivalry among the companies selling similar products and targeting the same target audience to get more sales, increase revenue, and gain more market share. Read more about Business Several businesses see competition as the enemy, however, competition, if viewed as an opportunity, not as a threat, helps … Continue reading How Competition Is Essential For Business Growth
How To Scale Through The Third Year Of A Business
April 19, 2022
According to the CAC, in a report by daily trust in 2019, Nigeria had about 3.1 million registered businesses. Out of those registered businesses, 60% fail to scale through the third year of business. Different elements are at play to enable a business to scale through the third year. Read more about Business Many … Continue reading How To Scale Through The Third Year Of A Business
5 Things To Avoid In The Early Stages Of A Business
April 19, 2022
Businesses are fragile, anything you do can make or break a business especially in its early stages. Many young entrepreneurs do not understand the weight of these things as they go ahead to do whatever they want and put the business in jeopardy. Read more about Business You can do 101 things but before … Continue reading 5 Things To Avoid In The Early Stages Of A Business
Steps To Planning An Innovation Budget
April 19, 2022
Startups are springing up every day and there is a high demand for innovation. There are market needs and customers are interested in the solution every business is bringing. Starting a business in a mediocre way is not the way to go these days. Brands struggle for relevance which is tied to how they … Continue reading Steps To Planning An Innovation Budget
How To Find A Silent Partner For Your Business
April 19, 2022
A silent partner is a business partner who owns a share of a business (i.e. they’ve invested capital in it), but don’t take part in running it. Read more about Business There are many reasons why having a silent business partner is desirable. First, their contribution means that your business has more capital to … Continue reading How To Find A Silent Partner For Your Business
How Leadership And Management Spur Business Growth
April 19, 2022
Leadership and management are terms often considered synonyms; however, we need to understand that leadership is an essential part of effective management. Leadership is defined as the potential to influence group efforts towards the accomplishment of goals. Read more about Business Organizations require quality leadership and management for optimal organizational efficiency. Once your business … Continue reading How Leadership And Management Spur Business Growth
How To Stand Out As A Start Up
April 19, 2022
Creating a start-up is not rocket science. In this day and time, there are many startups that have been founded by very smart and amazing individuals from all over the world, Nigeria inclusive. Unfortunately, one can see that although these companies provide necessary solutions, they are unable to find a big break that should … Continue reading How To Stand Out As A Start Up
4 Hacks To Building A More Resilient Workforce For Your Business
April 19, 2022
This is the truth about business: Businesses thrive on individuals – from the owner/founder to the executive, to employers down to employees. However, the bulk of business growth is centred around the level of employees’ competence and resilience. Read more about Business Whether as a mega-corporation or a young startup, having the right team … Continue reading 4 Hacks To Building A More Resilient Workforce For Your Business
How To Scale Your Business To The Next Level
April 19, 2022
Understanding when to scale your business is important. No one is a tree neither is your business. Scaling to increase your business profit margin is a good reason. What is even better is scaling to obtain the freedom you need by broadening the scope of your business and hiring qualified talents to run the … Continue reading How To Scale Your Business To The Next Level
How To Maximize The Last Quarter Of The Year For Your Business
April 19, 2022
With Quarter 3 already gone, the year is wrapping up, which translates to pressure on businesses to intensify efforts to meet targets and goals for the year. Read more about Business The last quarter of the year is known to be the busiest of all quarters. With holidays drawing closer, employees taking breaks to … Continue reading How To Maximize The Last Quarter Of The Year For Your Business
