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It may be tempting to dive right in when you have a great startup idea, but failing to create a detailed business plan is where many entrepreneurs go wrong. A solid business plan can be the difference between just an idea and a successful business. It allows you to set...
Since the mid-2000s, organizational change management and transformation have become permanent features of the business landscape. Vast new markets and labor pools have opened up, innovative technologies have put once-powerful business models on the chopping block, and capital flows and investor demand have become less predictable. To meet these...
Slack has seriously impacted how many businesses work all day long. Communication is now much more fluid and specific, and there's a way to go back and check on previous conversations using what is essentially a glorified group chat. You can share documents and images, comment in threads to keep conversations...
Facebook's Workplace has been on the market for a little over a year and has seen rapid adoption by organizations of all sizes around the world. According to Facebook, more than 14,000 companies use Workplace as their internal team collaboration tool. Given people's familiarity with the social media giant, it's no...
With every new year, there is an opportunity to take stock, reevaluate, and course-correct when necessary. This is especially true for entrepreneurs, who can use this time to establish smarter practices and keep their business moving in the right direction. These five big-picture best practices are wise implementations for...
The Arkansas Department of Health, along with other healthcare providers, has adopted new hypertension guidelines, and the new guidelines mean some patients who didn’t think they had high blood pressure before might be considered hypertensive now. The guidelines were recently developed by the American Heart Association, American College of...
JAGUAR HAS WORKED hard over the last decade to build cars that buyers lust over, reinvent itself as a modern auto maker, and finally shake off its “old man sedan” image. Yes, the British car builder built the E-Type, the sexiest car ever, in the 60s. But then it bumbled...
A complicated transaction means investors may not yet appreciate its value There’s a lot more to Disney’s proposed purchase of Fox’s entertainment assets than meets the eye. For a guide to what it really means for investors, I recently checked in with Robert Routh, who covers the media sector for FBN...
Finding ways to fund your business is often a major concern for entrepreneurs. While there are many types of financing, don't settle for just anything. If you are looking to open a business or expand your current operation, there are two main financing options: debt financing or equity financing. Deciding...
The best way to turn your great business idea into a reality is through the creation and use of a well-thought-out business plan. A strong business plan not only attracts investors or secures financing in the early stages of business development, but can also function as a roadmap for...