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Business Growth Archives - The Alternative Board
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Business Growth

2021 is looking up!

By | Business Growth, Small Business

Like many business owners and salespeople, you may wonder what sales in 2021 will look like. While it’s normal to consider the opportunities and challenges at the start of a new year, last year was like nothing anyone in business had ever experienced due to the coronavirus pandemic. The good news about 2021 is that so far it looks more promising than 2020 in terms…

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Small Business Planning during a Pandemic

By | Business Growth, Business Strategy, Small Business

Many people have expressed the sentiment that 2020 has been the most challenging year they have seen in their lifetime. Perhaps no one agrees with this statement more than the small business owner. Already operating on small margins, thousands of small businesses had to shutdown for weeks or even months to help slow the spread of the coronavirus. What has made this crisis particularly challenging…

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What is Working Capital?

By | Business Growth, Business Strategy, Small Business

Positive working capital is essential to the successful operation of any business. The term refers to the amount of funds available at any specific time to meet the demands of daily operation. Although it’s an accounting term, all employees should have a basic idea of what it means. This is especially true of the company owner and those in management positions. Without positive working capital,…

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A Little Business Assistance, Please

By | Business Growth, Business Strategy, Small Business

It is no secret that operating a small business can be challenging. There is so much to do and only so many hours available each week.  To cope, many business leaders these days have embraced a now popular approach: hiring a virtual assistant. A virtual assistant is an independent contractor, not a full-time employee, who is hired to help with a myriad of administrative and…

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Keep up the Great Work!

By | Business Growth, Leadership, Small Business

High morale among employees is crucial to the success of any business. Employees who feel like they’re making a positive contribution and receive recognition for it have a good attitude that can quickly spread to the rest of the team. Unfortunately, the same is true for those with bad attitudes who rarely do anything but complain, avoid work, and bring others down. You can’t expect…

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Bringing Your Business Back to Life After Coronavirus Shutdowns

By | Business Growth, Business Strategy, Small Business

Most business owners have realized by now that operating their company after coronavirus shutdowns and implementation of government health and safety standards will be much different than before the crisis. The biggest change might be creating a new budget and thinking of how you spend money for your business in new ways. Below are some tips we hope you find helpful as a business owner…

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Use Technology to Your Advantage to Attract the Best Employees

By | Business Growth, Business Strategy, Small Business

Technology can be a great advantage when it comes to hiring the right employee. However, you need to understand which technology to use and the type of employee you want to target with it. It’s also important to continue using appropriate technology once new employees complete the onboarding process. We highlight a few options for you below. Create a User-Friendly Application Process That Supports Your…

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Is the Entrepreneurial Operating System® Right for Your Business?

By | Business Growth

The Entrepreneurial Operating System® (EOS®) is a set of concepts and tools that help you achieve better control of your growing business. EOS® integrates simple business tools with a holistic business model approach to provide complete synchronization for all your business activities.  The creators of this program state that it will help leadership teams improve in three crucial areas. These include becoming healthier as a…

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How to Get Your Customers to Advertise Your Brand for Free

How to Get Your Customers to Advertise Your Brand for Free

By | Business Growth, Small Business

You know that you need to advertise and invest in marketing campaigns to draw customers to your business. Unfortunately, you’re dealing with the reality of a limited budget and not having enough hours in the day to accomplish everything on your to-do list. The good news is that doesn’t need to be discouraging when you get your customers to act as brand ambassadors for you….

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