Management

Advantages of a SWOT analysis

Advantages of a SWOT analysis

If events are swirling outside your control, a SWOT analysis  (Strengths, Weaknesses, Opportunities, and Threats) can provide you with a structure to make changes that align with your goals. The …

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Find and fix bottlenecks

Find and fix bottlenecks

Bottlenecks are the inefficiencies or constraints that slow down your operations, impacting everything from production and sales to customer satisfaction. These roadblocks hinder growth, making it difficult to scale your …

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Restructuring if cash stressed

Restructuring if cash stressed

Restructuring your business can feel like a daunting task, but in times of economic uncertainty or shifting markets, it can be the key to long-term success. The idea is to …

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The timeless wisdom of ‘The E-Myth Revisited’: Lessons for today’s business owners

The timeless wisdom of ‘The E-Myth Revisited’: Lessons for today’s business owners

Think back to when you started your business. What drove you? Maybe it was the dream of freedom, the excitement of being your own boss, or the simple fact that …

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Managing morale during times of change

Managing morale during times of change

Change is inevitable in any business, but it’s rarely easy—especially when it comes to managing morale. Whether you’re restructuring your team, implementing new processes, or pivoting your business strategy, major …

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What is Gross Profit Margin and what does it tell you?

What is Gross Profit Margin and what does it tell you?

Managing a small business can feel like balancing countless tasks at once. In the midst of it all, one key metric stands out  – Gross Profit Margin. But what is …

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