How to Turn a Struggling Startup Into a Successful Business

When you go to the doctor, he or she will not prescribe a solution to your symptom without a diagnosis. Similarly with businesses--large, small, start-up, or established. To identify underlying issues, we must perform a diagnosis. First, what does struggling mean? The particular symptom could be insufficient sales, poor quality, inadequate staff, underfunding, and many other permutations. However, an important issue often overlooked is this: Does this business have the potential to be viable? Indeed, not because you decide to be in business means there is a market for the goods and services you offer! Did you do proper market research? Did you choose an activity that merely fits your talents and desires? How much planning did you do before you started?

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Prevent Vital Business Data From Walking Out the Door

Data is no less than a diamond for business and thus can last forever. Organizations should be very attentive for their business data as it can be lost or misused easily. Dark data is a curse to business' productivity and therefore needs proper care.

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5 Simple Steps to Make a Career Change

With a new school year, many people turn to also look for a new career or work opportunity. Is this the year that you finally decide to break with a dead-end job that's taking you nowhere or a boss who causes your blood pressure to rise? Are you done giving everything that you've got in the tank to a company that doesn't acknowledge your contribution?

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5 Essential Questions to Ask About Your Business Competitors

Are you thinking of starting a new business or have you done it yet and wondered the crucial questions to ask about competition? America is a nation of entrepreneurs, and small businesses are the leading providers or work opportunities for people. We need great entrepreneurs to continue to propel the economy forward.

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Why A Small Shop Is Better Than a Chain Store

A couple of weeks ago, I visited a small, independently owned pharmacy. I know that's quickly becoming a rarity, but I'm glad I did. I've been to the chain store pharmacies, and I have to tell you that I often leave feeling like less of a person than a dollar sign.

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How To Close Your Business

We often talk about in business starting or creating a company, but there's another side to that coin. It's not something entrepreneurs often think about, but many times there comes the point where you want to close your business. Perhaps you had a revenue amount that you wanted to achieve before you cashed out and started on another project of interest, or maybe you've been doing it for years, and it's time to get the business off your hands since no one in your family is interested in taking it over.

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Corporate Welfare Destroys Jobs Long-Term

General Motors' notice to shutter several plants reminds us that corporate welfare does not produce long-term sustainable businesses. It's a band-aid and a colossal waste of taxpayers' funds. Government could apply those funds to help retrain workers, assist them to find new jobs, and minimize loss of income during the transition to their new situations.

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