• Adapt, Pivot, Transition, Evolve - How Do We Proceed?

    Adapt.

    Pivot.

    Transition.

    Evolve.

    All these and more not-so-new words have been added to our business dictionary. Every business now, no doubt, has had to take some unplanned action/s to ensure survival in the next coming months. Businesses that fail to take any action will indeed struggle to get ahead and will die eventually.

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  • How Can My Business Survive 2021

    2021 just hit like 2020 and micro and small businesses are no doubt still having some problems either pivoting or adapting.

    However, there is still reason to be somewhat optimistic about the future of some micro and small businesses. But this grandeur future won’t come without the work. For the businesses sitting around and waiting for the “normalcy” to return, you may have quite a long wait and your business may suffer while you wait.

    In the grand scheme of things, businesses have to literally now “mind their own business!” Your survival depends on what you do now AND what you don’t do.

    Here are some key things that can contribute to your survival and success:

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  • The Case for Brick - and - Mortar Survival Post-Pandemic

    Contrary to popular beliefs, the Covid-19 global pandemic did not bring an end to the era of the physical retail space. Admittedly though, and evident enough, the online space has further opened up several exciting and advantageous opportunities for the business world. This could very well mean a continuous decline over the coming months of 2021 as the world struggles to return to pre-pandemic mode.  

    2020 is almost behind us with just a few days to go again, and we can choose to see the future in 2021 as ripe with exciting and interesting possibilities or daunting with business failures ahead.

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  • What To Do When Sales Are Slow

    I know, the sirens are going off in your head. We are seeming to slowly come out of a bad year and you’re hoping for a breakthrough soon as sales have been terribly slow; for some, sales have even halted. No one's buying your products or services and your goods are just sitting around in boxes or on shelves alongside the other items that were supposed to bring in good money last year.

     

    So, what's a storeowner to do when he / she feels down in a slump?

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  • Why Local Banks Had to Reduce Card USD Limits - A Simple Outlook

    In 2017, market challenges affected Foreign Exchange (FX) availability and caused our banks to set limits on foreign exchange transactions. Now once again, those same market conditions have deteriorated and we are back at it.

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  • You're a Bully

    Dear Entrepreneur, You’re A Bully And I Don’t Like You!

    “bully – seek to harm, intimidate, or coerce (someone perceived as vulnerable)”   Google dictionary

    The month of October is dedicated to many things, including National Bullying Prevention Month. And, as we've just entered the month, we chose to highlight Entrepreneurs, not anyone in particular, but all Entrepreneurs.

    A lot of Entrepreneurs are real big, bad bullies and this is evident in how they conduct their businesses.

    Entrepreneurial bullying is much more prevalent than we’d like to admit. We hide the truth, and more often, when an attitude becomes so natural, it’s almost habit-forming, it can seem not only ‘normal’, but ‘right’.

    Are you a bully business person?

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