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Surviving economic uncertainty: 5 steps to help your small business thrive

Ruby

Uncertainty can be really scary for a small business owner. Until the state of the economy becomes a little more stable and certain, there’s not much we can do to make these fears go away. But there are steps you can take to make your business more financially stable and help it survive the more challenging times.

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How to grow your small business sustainably

Ruby

It happens during the third of five stages of small business development—the success stage! The decision facing owners at this stage is whether to exploit the company’s accomplishments and expand or keep the company stable and profitable,” HBR notes. Growth is the goal for most small businesses.

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Maximizing Productivity: Why Every Business Owner Needs an Executive Assistant

C-Suite Assistants

As a business owner, you have many responsibilities, from overseeing daily business operations and marketing and sales campaigns to creating a business plan, financial management and bookkeeping, customer service, and ensuring legal compliance. Some owners will try to handle everything with a small staff.

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Workplace and property firms must wake up to the new era of networked businesses

Workplace Insight

In his seminal 1937 paper, The Nature of the Firm , Coase suggested that transaction costs attached to doing business are more effectively and efficiently dealt with by a single decision-making structure. It evolved from a “society of island communities into a homogenous national community”.

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The 9 Best Meeting Apps & Software for Productivity in 2024

Fellow

Try Fellow for free The benefits of meeting productivity software Collaborative meeting agendas Productive notetaking Effective decision making Actionable tasks Task follow-up Decreased meeting costs 1 Collaborative meeting agendas Meeting agendas are such a great way to keep your calls organized and on time.

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The story of a lead: Amy.

Ruby

Your sales team has already had several exchanges with her. This is one of the most common customer acquisition challenges business owners run into—closing a sale that looks like it should be a sure thing. Be careful not to mistake a lead’s enthusiasm or friendly personality for readiness to make a purchase. Not so fast.

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SUCCESS Celebrates 125 Years of Progress, Positive Thinking and Personal Growth

Success

This approach—profiling a high achiever with the cover story—is still a core component of the magazine today, as is the content centered on entrepreneurship and running a small business or solopreneurial hustle. When I found out SUCCESS was for sale, I jumped at the chance,” Sanford says.