Posts Tagged“business”

Freedom While there are always cautionary tales pertaining to technology, there are additionally a great deal of success stories that stem from the same innovations. Especially for small businesses, tech advantages are changing the way money is made. There’s a big difference between simple end-user utility and professional viability. For example, as a user, you’re likely to pick up an app and see whether it suits you. If it does, you’ll use it. If it doesn’t, you won’t. But if you’re a small business, you can cost-effectively design an application that may make your entire business successful. What’s more: there…

This August, the Directors and CEOs Leadership Convention is celebrating its 40th year providing inspiration and guidance to the credit union movement. Board members and executives from credit unions across the country will be gathering in Las Vegas to hear from renowned leadership speakers like Tim Harrington and credit union experts like Andrew Downin and Lynn Heckler. This year, the convention will be tackling some of the biggest challenges facing credit unions today, including membership growth, marketing to Millennials, cybersecurity, FinTech, and the future of lending. There will also be plenty of exhibitors and vendors to learn from about new…

No enterprise is perfect. If your company is like most, it could probably operate in a more streamlined, efficient manner. Many leaders integrate the Japanese practice of kaizen, or continuous improvement, into their business operations, reasoning that practices and procedures can always improve. The question is: How does a business owner or executive translate the need for efficiency into action?   Much has been written about efficiency-enhancing management tactics. As a leader, it’s in your best interest—and your company’s—to craft a managerial style that consistently brings out the best in your teams and keeps big projects moving along on schedule.…

If you’re starting a small business or looking to expand your current business to a larger one, you don’t necessary have to fork out lots of money to buy new assets outright. You can hire larger space or offices to work in, and you can hire cars if this is a necessity for your business. For example, if you’re running a taxi service, a delivery company or a mobile service which requires a vehicle to get you from one place to another, hiring a car comes with lots of advantages. You don’t have a large amount to pay at the…

Every business owner knows that the first year is a critical and defining year for any start-up because of the high possibility of failure. This is when all the plans begin to materialize and without proper discipline and determination, your actions within the first year could make or break your business. Here are some mistakes to avoid. Not Doing a Thorough Market Research It is one thing to have a business idea, and another thing to implement it. As such, the first year presents you with an opportunity to test a lot of things including the viability of the business…