How do you create a resilient supply chain and protect your business in uncertain times? Before the current Covid-19 crisis, for most businesses, sourcing supplies was all about pricing, timing and making savings where possible. Now that supply chains have...
In order for businesses to succeed you, your customers and your employees all need a clear purpose. Profit is important of course. However, in order to create a business that enjoys sustainable success, managers and business leaders must look beyond profit and focus...
Sometimes things don’t work out in business and it’s time for the owners to go their separate ways. It’s fair to say that business relationships usually begin with enthusiasm and passion, grow through balance and communication and endure the highs and lows of life....
The word innovation can conjure up images of disruptive developments such as online streaming services or companies such as Uber. Fortunately, innovation doesn’t have to happen on a grand scale to make an impact in your business. Driving innovation in any...
Let’s be completely honest right off the bat: starting a business does come with risks. Taking the leap to go into business for yourself and not for someone else is both exhilarating and terrifying. You’re the one in control – exhilarating! But you are...
The cost of running a business goes up every year, but when was the last time you increased your prices? Many business owners and managers worry that if they were to increase prices, they would lose customers. However, a customer will often be willing to pay a higher...
