Crisis Management Plan: Definition, Types & Steps to Create!
The crazy thing about running a business is that absolutely anything can happen at any time. And, unfortunately, emergencies and disasters are more common than you think. And the thing…
Feasibility Study: Definition, Types, Importance & Steps to Write!
Ever bought a house without getting an inspection done and carefully evaluating if it’s the right fit for you? Probably not. That’s because it’s typically the largest investment you will ever…
Work Breakdown Structure: Definition, Types, Importance & Process!
A project is a complex endeavor, and we all know that. There are just so many complex tasks and deliverables during the whole project lifecycle, and it can get a…
21 Rock-Solid Ways to Improve Customer Focus in Your Business!
Customers are at the heart of your business. That means, putting your customers first and implementing a customer-focused strategy across your business isn’t something you can ignore! In fact, the…
9 Risk Management Tools & Techniques You Must Try!
When we talk about business, we cannot go without talking about the risks that come with it. Because let’s face it, the moment a business is born, risks are also…
Price Skimming: Definition, 3 Types of Phases, Pros & Cons!
It goes without saying – choosing a pricing strategy is a huge decision for every business. Not only does it decide how much profit your business will make, but it…
Top 9 Inventory Management Software of 2023!
Have you ever been in a situation where you have run out of things just when you needed them the most? Like that time you reached into your bag of…
Business Markets: Definition, 5 Types (with Examples) & Characteristics!
We’re all familiar with what a market is. It’s any place where we can purchase items or get services, right? While this is true, it narrows our description of what…
The 9 Best Payroll Software For Every Business! (Free & Paid)
Your employees work hard for you and your customers. It won’t be wrong to say that your business is up and running because of the employees that are working for…
Gap Analysis: Definition, Techniques & How to Perform it?
We all have a rough vision of what we want to accomplish in life, right? Nonetheless, there are days when we feel like there’s a huge gap between where we are…
