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Business Partner Alliance

5 Top Leadership Strengths Boomer Entrepreneurs Should Have

5 Top Leadership Strengths Boomer Entrepreneurs Should Have

By | Entrepreneurship, Leadership, Small Business

It is entirely possible that some major shifts in the workforce could happen in this country within two years, with as many as 27 million Americans abandoning their traditional jobs in favor of self-employment by the year 2020. In addition to this, more than 60% of all self employed baby boomers have indicated they will work right through retirement, which is a much larger percentage…

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When Your Business is Growing Fast, How Do You Preserve the Company Culture?

When Your Business is Growing Fast, How Do You Preserve the Company Culture?

By | Business Growth, Entrepreneurship, Leadership, Small Business

Small businesses often take on a culture of their own from the very beginning. The founder and first employees help to create this company culture, and in the best of circumstances they pass it along to those who come along later. However, culture can also get lost when a company grows quickly. This leaves both old and new employees feeling confused about where they fit…

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How to Make Customer Complaints Work to Your Benefit

How to Make Customer Complaints Work to Your Benefit

By | Business Strategy, Small Business

On the surface, it might seem like customer complaints are a bad thing, and that they’re just the opinions of people having a bad day, and taking it out on you. However, there are some very useful things about customer complaints, so instead of ignoring them, you should try to derive as much value as possible from them. Keep in mind that it’s much better…

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Make Sure Your Next Strategic Planning Session is an Effective One

Make Sure Your Next Strategic Planning Session is an Effective One

By | Business Strategy, Entrepreneurship, Small Business

Many small businesses make the mistake of having a strategic planning session without ever accomplishing much of anything. Although business leaders write down goals, they don’t include specific ways to meet them or measure their effectiveness. While intentions are good, the problem usually boils down to not having a specific strategic planning method in place. This can make for a lot of inefficiency and wasted…

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Good Customer Service is Important to your Business’s Bottom Line

Why Good Customer Service is Important to your Business’s Bottom Line

By | Business Strategy, Small Business

As a business owner, you may have heard that it costs up to five times more to find new customers than to keep the ones you already have. You also know that the latter isn’t always so easy to do. In this highly competitive business climate where customers expect fast, personalized service, your competition is just a click away if you fail to meet their…

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Know the Warning Signs of a Bad Hire

Know the Warning Signs of a Bad Hire

By | Entrepreneurship, Small Business

You might not think that hiring the wrong person for a job would be a particularly damaging mistake, but statistics reported by CareerBuilder would disagree with that. In a recent survey, it was found that at least 66% of all American businesses felt they had been heavily impacted by making a bad hire, and almost half of those affected businesses declared that the mistake cost…

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Avoid these 5 Fatal Pitfalls as a Small Business Owner

Avoid these 5 Fatal Pitfalls as a Small Business Owner

By | Business Strategy, Entrepreneurship, Small Business

Most small business owners are probably well aware of the fact that the majority of small businesses eventually fail, and that can lead to a fear of failure which is almost universal. However, there is some good news about all these failures – they tend to fall into a very few consistent categories and reasons, and if you know what those reasons are, you have…

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7 Courageous Leadership Principles to Create a Dynamic Workplace

7 Courageous Leadership Principles to Create a Dynamic Workplace

By | Leadership

Many business leaders have the mistaken notion that accomplishing more is the right approach for achieving business success, but in fact it may be just the opposite. Some of the most awe-inspiring business successes of our time have been driven by leaders who weren’t concerned about doing more, but were instead determined to try different ways. These ways involve thinking more, while avoiding the trap…

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Take These Steps to Avoid a Cash Flow Emergency in Your Business

Take These Steps to Avoid a Cash Flow Emergency in Your Business

By | Business Growth, Small Business

Although every business owner understands the importance of healthy cash flow, many struggle to maintain it. Without access to liquid assets, it can be impossible for the business to grow. After all, owners need money to purchase additional equipment and inventory, hire more employees, establish an emergency fund, invest more resources in research and development, and afford several other common business growth expenses. When the…

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Avoid These Legal Hassles When Starting Your New Business

Avoid These Legal Hassles When Starting Your New Business

By | Entrepreneurship, Small Business

You have dreamed of starting your own business for years. Now that you’re in the pre-launch stages, you may feel tempted to rush through some steps to open your new company as quickly as possible. However, it can cost you a lot more time and money when you don’t handle the legal aspects of business formation properly from the start. We discuss some of the…

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