It is becoming increasingly clear that the events of the COVID-19 pandemic will have a lasting impact on our lives. Almost every industry experienced some sort of shock as a result of the pandemic. Yet this is especially true for businesses. As such, it is important to act while the lessons of COVID-19 are still […]
Having a well thought out, attainable, and forward-thinking strategic plan is one of the most important things for a business. Businesses that are sustainable and successful in the long-term, and that can grow and develop with the times, do not get that way by accident. They are successful in large part because of the comprehensive, […]
Innovation was a buzzword for business owners even before the coronavirus pandemic. For years now, industries across the board have been moving towards becoming more digitally mature. Improved technologies have proven to increase workplace efficiency, foster innovation, benefit consumers and so much more. The pandemic has shown many businesses just how important innovation is. Whole […]
For years now, many businesses have been moving towards a more digital model. With the frequency of new technological discoveries, the digital sphere holds many opportunities for companies of any industry. Yet, the digital transformation for a business is not necessarily easy. It can be extremely intimidating for companies with little experience in the digital […]
This past year has taught us there is only so much risk that we can even predict. The coronavirus and its effects have sent many industries into unprecedented risk management scenarios for business. Even so, there have always been less extreme occurrences of external, uncontrollable risk factors for businesses. But this year has obviously set […]
It is no secret that 2020 has drastically changed the way in which many people across the world work. Remote work was already starting to gain stride before the pandemic hit. And then stay at home orders have forced many businesses all over the world to transition their employees to working remotely. Working from home […]
Even for the savviest financial and business professionals, the merger and acquisition process can be grueling. It is so detail oriented, and filled with potential legal, financial, and business complications throughout. If done correctly, though, with significant forethought (and afterthought) completing a successful merger or acquisition can have the highest ROI for your company. Today […]
Nobody said owning and running a business was easy. There are so many aspects involved – not only do you have to be an expert in whatever service your business provides. But, to be truly successful in the long term, you also have to be an expert in business itself. If this sounds like a […]
Whether we like it or not, recessions are a natural part of our economy. Although the severity of economic downturns we have experienced have varied immensely, the fact is that they happen. And given this, every savvy business owner should have a plan – or at least an idea of a plan. Being prepared for […]
As anyone who owns or operates a business knows, being on top of your finances is imperative, but also difficult. Many founders did not start their businesses because of their love for finances. Rather, they started them because of their love and acumen for their specific field. As a result, business owners often find themselves […]