Generally speaking, it should be pretty easy to operate a successful business in the medical industry. After all, people will always need medical treatment, so you should have no shortage of customers. The main issue is that it happens to be one of the most competitive industries out there. In one small town, you could have a couple of medical businesses that all do the same thing, all competing for loyal patients.   The big conundrum is; how do you stop your medical business from … [Read more...]

The e-commerce industry is absolutely booming - and it’s been this way for a long time. More consumers are making the switch from traditional retail shopping to the online variation. It’s fast, convenient, and often gives them a much broader choice compared to what they have in the physical world.   As a result, loads of small e-commerce businesses have popped up in the last few years. It’s a very easy business model to start, and it can lead to expedited success. This is where a key … [Read more...]

When it comes to the foodservice industry, there are a whole lot of different paths that you can potentially go down. You can open up a fancy bistro that allows you to serve a few discerning customers to something really special, or perhaps you want something that offers everyone the chance to have to delicious, convenient food. And what better way to offer great taste and convenient than by having your food go to your customers. Anyone who's seen the movie Chef knows just how fun and exciting … [Read more...]

The world of business is tempestuous, tumultuous and rife with competition. In order to stay afloat in the wildly competitive and dizzyingly paced marketplace of the 21st century, entrepreneurs know that they need to be firing on all cylinders all day, every day. They know that as the figurehead of the company, they are the symbol around which the rest of the workforce rallies. They are the yardstick by which professional standards are measured and a source of advice, support and inspiration. … [Read more...]

As more and more people are becoming aware of their own carbon footprint, the recycling industry has seen massive growth. What was once an optional but healthy habit to have, it’s now become a global business opportunity and there are countless ways to get involved and have your own little slice of the recycling pie. Unfortunately, there are so many niche opportunities that it can be hard to capitalize on and many of them require specialized knowledge in certain sectors in order to get the best … [Read more...]

In order to be a success, you have to make sure you give your company the best chance possible. This means ensuring it has everything necessary for success before you actually launch. And it means making continual changes that are going to result in better performance and higher success rates in the future. There is a lot that goes into making your company a success, and you need to know what.   Running a brand these days is difficult because it can sometimes be a minefield. There … [Read more...]

Have you decided that you are going to move your retail store to a new location? There are many different reasons why you may have determined that this is the right move for your business. Perhaps a new shopping mall has opened and you want to be in more of a prime location? Maybe the area that your store is currently based in is experiencing an economic decline? Or, are you looking to take advantage of cheaper rental fees? No matter what applies, read on to discover some tips that will help you … [Read more...]

The reputation of your business is the result of multiple factors coming together to be observed and judged by your audience. Your financial, social and environmental impacts are crucial elements to establish a positive reputation nowadays. However, it is fair to say that building your reputation doesn’t happen overnight. It’s a long process that can take some trials and errors. You’ll be pleased to know, as an entrepreneur, that your audience is likely to forgive some mistakes that occurred in … [Read more...]

There’s a reason why the legend of Icarus is such a great cautionary tale. Like the inventor’s son of Greek Mythology, nascent entrepreneurs are often in danger of flying too close to the sun. It’s not hard to see why. We live in an era where images of success assault us from all sides. They’re on billboards, on the sides of buses, we’re bombarded with them in commercial breaks or before we sit in the theater to see a movie. We’ve been conditioned by society to believe that we deserve it and and … [Read more...]

Every entrepreneur enters into this world knowing the risks and statistics. They know only half of all startups will make it to their fifth birthday party and they know it’s just a third of them that will get to blow out ten candles. It’s that little niggle that forever lingers at the back of their minds, which is why they need to ensure they’re doing all they can to make their business sustainable.   The question is: what strategy can make you stand the test of … [Read more...]