We’ve found over time that law firms often experience the following challenges. Overcoming these challenges can put you ahead of your competition and help your firm become the one that you have always wanted. Rate each of these challenges that […]
A common challenge for young businesses or ones that haven’t marketed in a long time is having inconsistent revenue. One month is up and the next is down. The uncertainty of how much your business will make can be stressful […]
This entry builds upon previous posts in this series on strategies for a tough economy. Previous posts went over finding a niche to dominate, increasing market share to increase revenue, economizing by reducing unnecessary expenses, becoming lean and mean, investing […]
A challenge that many of us face is procrastination. We’re often looking at people who seem to have overcome it and wish that we could be like them. We often talk about procrastination as if it’s bad and unnatural as […]
One question that I hear from some people who are starting their first business is “Where should I start?” They want to know what needs to be done to get things going as well as the priorities. Sometimes they wonder […]
During a challenging business environment, business as usual doesn’t always work. Changing times can require changing and adapting strategies and tactics. It can also mean retooling operations, products, and services. The quicker a business accepts that change is necessary, the […]
The changing situation and regulations with COVID has been challenging for many persons, businesses, and society. The stability, certainty, and predictability of how we knew life to be is no longer here. How we live, work, socialize, relax, and spend […]
Making your business more resilient is important for surviving a tough economy. The resilience will mean being better able to handle drops in revenue, economic uncertainty, sudden changes in customer preferences, and having increased access to liquid assets such as […]
It’s been reported in the news, by some governments, and by some financial institutions that many businesses will go out of business over the next while despite some financial aid from governments. Many businesses have already closed for good or […]
We often think we know what a business is and does – something that makes money by selling products or services. Many people start a business around something that they love, something that they are passionate about, or their skills […]
