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Subscription Economy: Transitioning Your Small Business to a Subscription Model 

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The subscription economy is booming. From monthly boxes to streaming services and software subscriptions, recurring revenue models are taking over across industries. The numbers speak for themselves – over the last nine years, the subscription economy has seen subscription businesses grow by more than 100% every year.   For small business owners, adopting a subscription model comes with many potential benefits. …

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Artificial Intelligence in Customer Service: Affordable Solutions for Small Businesses 

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While many small business owners recognize that artificial intelligence holds the potential to revolutionize industries through automation, few realize how AI implementation can happen practically and affordably at modest scales to transform customer experiences – optimizing the teams and tools already in place.  From chatbots handling routine inquiries to machine learning proactively resolving issues, AI directly addresses two of the …

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Handling Difficult Customers: 12 Tips for Staying Calm and Defusing Tension 

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Dealing with an angry or difficult customer can be one of the most challenging parts of working in customer service. When tensions run high, it’s easy to get flustered and make the situation worse. However, by staying calm and employing some simple defusing techniques, you can turn even the most difficult interaction into a positive experience. Here are some of …

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The Art of Time Management: Productivity Hacks for Small Business Owners 

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Time equals money epitomizes the small business owner’s life.  With limited resources by definition, optimizing each minute to complete essential responsibilities, meet deadlines, and achieve growth separates dreamers from achievers. Mastering personal time management elevates small company productivity, freeing up mental bandwidth to focus where it matters most.  This comprehensive guide examines unconventional time management “hacks” allowing entrepreneurs and solopreneurs …

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Mastering the Art of Negotiation: A Crucial Skill for Business Owners 

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Negotiation is a critical skill for any business owner or entrepreneur. The ability to negotiate effectively can mean the difference between closing or losing out on a lucrative deal, getting the best price from suppliers, persuading clients to agree to favorable terms, and overall business success. As an entrepreneur, you need to master the art of negotiation to protect your …

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Empowering Small Businesses: 11 Proven Financial Resilience Strategies for Entrepreneurs

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Introduction In the dynamic landscape of small business entrepreneurship, where economic uncertainties prevail, the need for a sturdy financial foundation becomes paramount. As staunch supporters of small businesses, our commitment is unwavering in guiding entrepreneurs through economic challenges. Our mission revolves around empowering businesses with comprehensive financial planning and instilling a sense of preparedness. Within this guide, we meticulously explore …

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Crafting Compelling Stories: The Role of Narrative in Business Success 

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 Storytelling forms the backbone of human experience. Even in the digital age, the urge remains strong to gather around a virtual or actual campfire to share tales speaking to our innermost hopes, dreams, struggles, and purpose. Leveraging this primal drive for connection in the business sphere unlocks immense opportunity through the strategic crafting of brand narratives.  Let’s explore what constitutes …

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The Power of Networking: Building Meaningful Connections for Business Growth 

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This common mantra echoes loudest when starting and expanding a business. While the preeminence of digital networking perpetually expands, offline relationship building retains irreplaceable influence for entrepreneurs seeking exponential growth.    Nurturing diverse professional connections generates game-changing introductions, partnerships, expertise exchange, investor matches, referrals, and insider intel benefiting every business phase. Yet nearly half of small business owners still forego networking …

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The Future of Work: 13 Trends Shaping the Workplace in 2024

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The past several years have brought seismic shifts in how, when, and where we work. Fueled by the global pandemic and advancements in technology, traditional offices transformed seemingly overnight into flexible hybrid and remote models.    As 2024 picks up momentum, leaders must be aware of emerging workplace patterns, priorities, and innovations shaping the overall employee experience. Companies failing to evolve …

The Future of E-commerce: 5 Trends and Strategies for Small Online Retailers 

In Articles by Gary Wilbers

Introduction The e-commerce industry has experienced massive growth over the past decade, with global retail e-commerce sales reaching $5.5 trillion in 2022. While large online retailers like Amazon and Walmart command significant market share, small e-commerce businesses also have major opportunities to tap into the continuous rise of online shopping. However, succeeding as a small e-tailer requires keeping up with …