Thanks for checking out the Business Management topic on Bright Hub’s Entrepreneurship Channel. In this area, you’ll find articles dedicated to all aspects of business management, especially those geared to new business owners and budding entrepreneurs.
Whether you’re looking for information on e-commerce or how to maintain a successful business during a recession, you’ve come to the right place. We’ll also cover such topics as inventory control and running a family business as well as give tips for starting various types of businesses.
Now that you are cleared to drive for Uber or Lyft (or both), how is the adventure? You probably have a book full of stories from the first weekend alone. How can you make the most of the business and avoid as many problems as possible?
It seems like displaying humanity should come easily to your business. After all, those desks in your office are filled with people — not robots. They should be all the tools you need to show your customers your human side, right? Not so in today’s world. Is technology masking your humanity?
In the competitive business world, innovation is an essential survival factor. While this strategy is commonplace in the B2C sphere, many B2B businesses are still struggling to catch up with this trend. Here some ways to overcome your biggest challenges.
An innovation consultant could be a launch pad for your efforts, helping you get unstuck and jump into a more creative and positive trajectory. The challenge is knowing why you need help, where you can find help and what success will look like.
As we choose courses that cumulatively lead to our success or defeat, there is a constant struggle between rationality and intuition. Just like a captain on a ship, you must consider appropriate data as you guide your vessel but you must also trust your instincts to lead you through stormy waters.
Today, the competitive landscape can shift in weeks. The most successful companies aren’t those that strive to maintain the status quo; they are the companies that continually push boundaries and adapt to change, such as Google, Amazon, and 3M. How can you ensure your company remains innovative?
Even though we now know that both sides of the brain are necessary for proper brain function, there are still people who are more expressive and creative and others who are more adept at logical, analytical thinking. A healthy organization will promote balance and collaboration between all types.
Are your organizational charts holding you back? While they can be helpful for logistical coordination, org charts can also cause hierarchical decision making, reduce collaboration and produce inefficiencies. Learn how to break through in order to experience more innovation.
Your business has proven itself to fulfill a need, but now you would like to expand your reach. You know of one or more businesses who would benefit from a relationship with yours, but you need to convince them of this fact. This is where a business proposal comes in.
Every company wants to be known as innovative, but there are many practices and policies that squelch new ideas. You could be hampering creativity and innovation in your business and not even be aware of it. Learn how to overcome these obstacles.
It’s inevitable that you’ll forget something during your first stab at project planning. However, going forward with a poorly planning project can be disastrous. Get some real-life examples of what not to do, and some tips on avoiding it in your own business.
As a business owner, prioritizing efforts and trying to juggle it all may have caused an unpaid invoice to slide by a time or two. It’s a sad fact that people take advantage of small businesses; more often than not, the reason they neglect to pay is because they think they can get away with it.
You’ve probably seen the commercials on TV or the ads on various websites about how Google has partnered with Intuit, the maker of Quickbooks and Turbo Tax, to offer free business websites for small business owners. How does the program work and it is worth it? Jean Scheid takes a look.
Upon their success, great entrepreneurs often offer up some of the best books on entrepreneurship including tips on how they climbed to the top of the success ladder. Here, we’ve narrowed down the top seven books every business owner (new or old) should have within close reach!
While there are perks in turning your hobby into a business, it’s not a surefire way to success. Much like thinking a vacation spot would be the perfect place to live, the reality is often different. To achieve any degree of success, you have to throw that “hobby” label out – it’s time to work!
The Small Business Administration estimates that in 2008 some 627,200 businesses threw open their doors for customers, while 595,600 closed. Customer management is an integral part of transactions involving both ends of the spectrum. Getting it right determines current — and future — viability.
Success comes easily to a lucky few. The rest of us need to work for it. And, reaching your goals is not a Herculean task. Be clear on your goals (one goal at a time). Know how to reach goals and what to do once you reach them. For entrepreneurs, reaching a goal means setting up another.