Small businesses are finding success using social media to build and strengthen relationships with their customers. Social networking sites like Facebook and Twitter are even catching up with email as an outreach tactic. Follow these steps to be more successful. Read More about Connect with Customers Through Social Media
Change is the only constant. Consequently, we look at new ideas across a wide spectrum of business scenarios. What works best, when and for whom? What opportunities are you not taking advantage of? How do you innovate while maintaining your market share? There's a balance to strike, certainly. Stay informed and keep in touch with the latest trends and strategies.
Create a business plan flexible enough to routinely reexamine your model and your customer's needs. Where will you find new sources of income? How can your management be more effective? Can you cultivate leaders from within and recruit talent from outside? The best plan will address how to organize your business — and allow you to thrive.
Contact a Banker TodayThe needs of an established business and those of a startup are different, but in either case, a continuing cycle of innovation is vital. But innovation can bring along its own set of operational and financial risks. Investigate ways to mitigate that risk to balance the need for an innovative culture with where your business is today.
Optimize the Cash Flowing Through Your BusinessYour greatest source of strength is your workforce. How can you create an innovative environment where all types of employees can thrive? To develop a culture ripe with innovative approaches to challenges, empower your employees to succeed. Invest in them. Retain key personnel. Reward from within.
Create a Better Business CultureLabel: New
