One of the core activities that business owners must do regularly is the ancient art of knowing how to maximize profits and reduce business expenses. The higher your business expenses, the lower your profit margin – lower business expenses will… Read More
Starting a business is a challenging thing: you have to work hard and do your best to ensure its success. However, the work doesn’t end even when your business actually becomes operational. You still have to do so much more… Read More
Gantt charts are a popular tool for the simple reason that they allow easy forecasting and tracking of project schedules with just a straightforward diagram. This effectively provides management with key information to help improve productivity, while also improving communication… Read More
Satisfied customers are one of your biggest ambassadors. You could be having the best online and offline strategies in place but if you under-utilize the feedback of your satisfied customers, you are not optimizing all resources available at your disposal… Read More
You’re probably thinking, ‘I already know who my most profitable customers are, they’re the ones who spent the most money, right?’ However, this is not always the case. For example, somebody could buy the most expensive item on sale, but… Read More
Both GAP analysis and SWOT analysis are used to evaluate businesses, but different aspects of businesses. However, the output from one can be used as input for another and vice verse. This article will give a brief introduction to both… Read More