Selling a company that was once profitable and successful is a normal part of business. Determining the correct resale value is the most important task, but there are other steps to make for the best sale possible. Every business owner should know exactly how to sell...
If you’re a business owner, you want to keep your customers around as long as possible. Customer churn refers to the customers that quit using your product or service after a set period of time. Even if you were to increase your customer retention by 5 percent,...
The Origin of Quality Management Large industrial manufacturing companies segment a part of their business to a department known as QA/QC. Those who work in Quality Assurance/Quality Control, are charged with the duty of maintaining strict standards of quality that...
While most employees in business establishments receive a yearly review, the feedback they receive from these meetings may not always be the most beneficial for the duration of the entire year if they are not met with on a regular basis. However, if employees receive...
Working in a collaborative environment requires not only creation and innovation, but patience, respect, and communication. Combining these elements can take a toll on a group if there is not a strong leader to assist the team. Too many leaders demand respect from...
