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Strategy

Get fresh perspectives, ideas, and actionable advice from business experts on different business strategies aimed at helping you succeed.

Latest: Advice, Tips and Resources

Article
9 Surefire Strategies to Help You Stand Out From the Competition
By Stella Morrison | December 09, 2024

Differentiating your brand from the competition gives you a competitive advantage. Learn ways to differentiate your product from the competition.

person texting on a smartphone
Article
Should Your Restaurant Accept Mobile Payments?
By Jamie Johnson | December 06, 2024

Mobile payments provide a fast and easy way for restaurants to receive payments, but there are pros and cons to this method. Here is what you need to know.

Article
5 Reasons Your Business Should Have Strategic Partnerships
By Chad Brooks | December 03, 2024

Strategic partnerships have mutual benefits and can lead to long-term profits. Here are the advantages of partnering with another company and examples.

Article
5 Tips for Setting SMART Goals in Your Business Plan
By Jennifer Dublino | November 22, 2024

SMART goals are specific, measurable, attainable, relevant and time-based. Learn how to apply SMART goal principles to your business to boost success.

Article
Does Your Business Have a Battle Rhythm? Why You Need One
By Danielle Fallon-O’Leary | November 19, 2024

Battle rhythm is an operational knowledge management process. It is equal parts strategic routine and information processing.

Article
How to Determine How Much Office Space You Need
By Jennifer Dublino | November 18, 2024

When buying or leasing an office, planning the right amount of space is crucial for efficient operations. Learn how to determine your office space needs.

Article
Should Your Restaurant Accept Bitcoin?
By Mark Fairlie | November 07, 2024

Some restaurants have started accepting Bitcoin as payment. Learn the pros and cons of accepting Bitcoin in restaurants and how to get started.

Article
Is Wholesale Over? The Death of the Middleman
By Jennifer Dublino | November 07, 2024

The internet has reduced the need for wholesalers that act as middlemen in the sales process. Learn the pros and cons of direct-to-consumer transactions.

Article
How Virtual Reality Technology Is Changing Manufacturing
By Danielle Fallon-O’Leary | November 07, 2024

The manufacturing industry is changing as next-generation VR and AR become readily available.

Article
How to Create a Sustainable Business Model
By Drew Hendricks | November 07, 2024

A sustainable business model is a top priority for SMBs. Learn how to build a sustainable business that benefits customers without jeopardizing the planet.

Article
What Is Dynamic Pricing, and How Does It Affect E-commerce?
By Jennifer Dublino | November 06, 2024

In dynamic pricing, product prices adjust in response to real-time supply and demand. Learn how dynamic pricing works and its benefits and downsides.

person using a calculator to do accounting
Article
Hitting the Books: A Guide to Retail Accounting
By Jill Bowers | November 05, 2024

Learn about the methods of calculating and tracking inventory that are used in retail accounting.

Article
Expanding Distribution Channels
By Sean Peek | October 30, 2024

To boost sales and brand awareness, you should consider expanding your distribution channels. Learn more about your options.

Article
How to Expand Your Revenue Sources
By Mark Fairlie | October 30, 2024

The most successful businesses have several revenue sources. Learn how to increase yours.

accountants using computers and calculators
Article
Is Your Small Business Achieving Profitable Growth?
By Emil Abedian | October 29, 2024

Small businesses must understand if their growth is profitable. Learn about the profitability-growth relationship and achieving profitable growth.

Article
Writing a Business Growth Plan
By Jennifer Dublino | October 29, 2024

A business growth plan outlines where a company sees itself in one to two years. Learn what to include in a business growth plan and why a plan matters.

Article
Q1 Reflections: Important Ways to Take Stock of the First Quarter
By Sean Peek | October 29, 2024

The most successful businesses set goals and review them quarterly. Find out why setting goals is important and how to evaluate your Q1 goals.

Article
Tips for Setting Better Business Goals
By Simone Johnson | October 29, 2024

Learn how to create better business goals that can help guide your company.

Article
From Mall Madness to Sadness: Why Shopping Centers May Soon Be Obsolete
By Jamie Johnson | October 23, 2024

Find out how to keep your mall-based business alive and how to embrace e-commerce as shopping centers decline.

Goodbye Globalization book cover
Article
It’s a Big World After All: Should American Businesses Say Goodbye Globalization?
By Jane Meggitt | October 16, 2024

An interview with author Elisabeth Braw

Sail to Scale book cover
Article
The Dangers of Scaling Your Startup Too Fast (Full Q&A)
By Antonio Ferme | October 16, 2024

An interview with Sail to Scale co-author Mona Sabet

Article
How to Create and Write Your Business’s First E-Book
By Chris Christoff | October 10, 2024

Here are the benefits of creating an e-book for your business, and how you can create one, step by step.

Article
Do Awards Really Do Anything for Your Company?
By Julie Thompson | September 19, 2024

Winning awards has numerous business benefits, including increased income and employee morale. Learn how to win awards for your business.

Article
Retail or E-tail? Buying Online vs. Buying in Person
By Jennifer Dublino | September 09, 2024

Online and in-person sales each have advantages and disadvantages. Learn how to recognize their values and maximize both strategies to meet customer needs.

online customer
Article
How to Set a Price for Your Service
By Jennifer Dublino | August 20, 2024

Setting the proper prices for your services is one of the most crucial elements of business. Learn how to set fair and accurate prices for your services.

Smart Rivals book cover
Article
Smart Rivals: How to Compete Against Tech Giants [Full Q&A]
By Tina Nazerian | August 16, 2024

An interview with Harvard Business School’s Feng Zhu and Bonnie Cao

Office workers
Article
Get It Together: 7 Quick Ways to Make Your Business More Organized
By Leah Zitter | August 13, 2024

Use these simple tricks to make your business more efficient with the minimum resources.

Article
5 Restaurant Employee Scams That Will Cost Your Business Big
By Mona Bushnell | August 13, 2024

Learn how five top restaurant employee-theft scams work. We'll show you how to stop losing money to employee theft and retake control of your restaurant.

Hyper Efficient book cover
Article
Hyperefficient: Dr. Mithu Storoni Shares Productivity Brain Hacks
By Jane Meggitt | August 05, 2024

Our full Q&A with the author and neuroscience researcher.

Article
How to Attract Customers to Your Restaurant
By Jennifer Dublino | August 02, 2024

Here are several online and offline marketing techniques that you can use to reach more potential customers for your restaurant business.