If you have a business, you should be using SWOT analysis. It’s really that simple. SWOT analysis is a strategic management tool to help you identify strengths, weaknesses, opportunities, and threats in a variety of situations. The analysis is easy. You can decide how much detail you want to include, but even a simple brainstorming session can unlock unexpected gems. If … [Read more...] about 2 Essential Ways to Use SWOT Analysis in Business
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This is Why PEST Analysis Is Important For Every Business
What does your five-year business plan look like? Or your ten-year plan? It likely involves growth. Whether it’s the expansion of a product line or opening stores in new locations, business changes need proper preparation. And that’s where PEST analysis comes in. PEST analysis is the foolproof plan for business expansion Both new business owners and veterans should include … [Read more...] about This is Why PEST Analysis Is Important For Every Business
Improve Customer Relationships With These Communication Tips
It doesn’t matter how spectacular your product is; if you can’t communicate with your customers, you will lose them. Your customers aren’t just a number or a hindrance. Just like you, they are real people who are looking to buy a product. Hopefully, they want your product. If not, they have other options. Keeping your customers depends heavily on your communication … [Read more...] about Improve Customer Relationships With These Communication Tips
3 Critical Factors That Contribute to Business Success
Who doesn’t want to own their own business? You can create limitless income, make your own work week, and never have to report anyone! At least, those are the selling points. And while it’s not wrong, it’s not the full picture. The truth is, running a successful business takes more than four hour work weeks. If you want to do it – and do it right – you’ll need these three … [Read more...] about 3 Critical Factors That Contribute to Business Success
3 Ways To Prepare Your Business for Success This Year
This is the perfect month to set up for even more success and growth than the previous year. By evaluating past projects and accomplishments, you can create an actionable plan for your business. But before that, there are a few things you have to get situated. Check out these three tips to ensure your business is ready to take on the new year with success. 1. Organize the … [Read more...] about 3 Ways To Prepare Your Business for Success This Year
4 Signs You Should Be Outsourcing Business Tasks
Companies are using automation and artificial intelligence to manage customers, emails, and marketing. When you have too many ongoing tasks, instead of drowning in the workload, why not outsource your business tasks? Not sure if it’s time to outsource your business tasks? See if these signs feel familiar. 1. You’re wasting valuable time on tasks you hate Why? Because … [Read more...] about 4 Signs You Should Be Outsourcing Business Tasks
How To Find New Business Ideas In Everyday Life
Starting a business can be a fun and exciting process. However, this doesn’t mean that it won’t be a lot of hard work and everything won’t always go as expected. This is especially true in today’s competitive economy. With that being said, before you even open your doors for business you are going to need several business ideas that will attract customers and consumers. No one … [Read more...] about How To Find New Business Ideas In Everyday Life
How to Prepare for a Successful Product Launch With PEST Analysis
What makes a product launch successful? You need to cover many bases and you can’t forget about the four essential external factors: political, economic, social and technological influences. It’s also known as PEST. No matter your industry or product, the knowledge of these four categories stand between you and a successful launch. Here’s how you can use PEST analysis for … [Read more...] about How to Prepare for a Successful Product Launch With PEST Analysis
How to Do SWOT Analysis for Small Businesses
Are you using SWOT analysis as a small business tool? You definitely should be. You can use SWOT analysis to position yourself as a leader in your industry. The competition won’t know what hit them! But it’s important to be thorough, honest, and diligent. Many people tend to focus on the first half of the analysis and forgo the rest. But doing the whole analysis for your … [Read more...] about How to Do SWOT Analysis for Small Businesses
The Best Books to Learn Business Analysis and Project Management From Home
Not sure if you’re ready to fully embark on becoming a business analyst or project manager in a classroom setting? Dip your toes into both of these worlds by reading a few select books. Some are textbooks that provide introductory explanations of critical concepts. Others focus on particular topics related to the profession, such as use cases. The best books are available … [Read more...] about The Best Books to Learn Business Analysis and Project Management From Home