Business

When running a business, you think of all the worst-case scenarios that might happen and plan accordingly. You have contingency funds in place, and you have insurance. You also have a PR strategy in case external pressures try to grind you down. You might be preoccupied with the negative things that can transpire that you […]

If you’re like most people trying to become entrepreneurs, then you might find yourself in a tight spot: to make money, you need to have money. The problem is cash still doesn’t grow on trees. Unless you have sufficient savings for capital, you have to borrow funds from lenders. That comes with interest. You can

Cutting business costs is not an ideal situation for many business owners, but it is an effective measure to keep the business alive for as long as possible. There are many ways you can cut business costs without resorting to layoffs. If your business is struggling to stay afloat during COVID-19, here are some areas

One of the most lucrative sources of income is running a commercial building. Other than property value appreciation, you make money through rental and related services. However, part of your profits also goes to the management of the property. When it is not duly managed and maintained, the rent that you require your tenants to

All businesses are vulnerable to threats such as running out of finances or getting overshadowed by competition because of the business environment’s continuous evolution. With new technology on the horizon and continuously changing consumer demands, these can quickly wreak havoc on any business’s plan, no matter how well-thought-out it is. If you want your company

The process of rebranding a business is quite tricky. A drastic makeover could boost sales and accelerate growth or cause your venture to lose momentum and, eventually, fold. Just ask brands that have rebranded in the past. Even big corporations have suffered the disastrous consequences of a major redesign. For small businesses, it might become more

From pausing projects to retrenching employees, running a business amid the coronavirus pandemic is filled with tough decisions. The stakes are higher, and the pressure is on another level. Business decisions also become more complex as they need to be made fast based on limited information. So how do you exactly decide on business matters

College fees are higher than ever, and the expenses are only rising. Not only is it costly, but it can also be challenging to determine how much you’ll need to save. Every college charges a different price for tuition and other school fees. But there’s an even bigger problem, students at the same school have

In a world where men dominate the board rooms, a few extraordinary women have chosen to lock horns with the boys and have come out on top. These women have generated buzz in the business world and have built successful empires to their names. If you’re a woman in the corporate world, whether you’re in

Fifty percent of businesses fail within the first five years. It is even worse in the first two years, with one-third of companies closing shop. While there are many reasons for their closure, a pervasive one is that they make a mistake when it comes to managing their money. Here are some errors that pop