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Success strategies for SMEs to overcome the economic crisis and maintain consistency

If you want to overcome obstacles resulting from the economic crisis and maintain consistency, here are a few things to get you started.

SWOT Analysis

SWOT Analysis is a common technique used to understand an organization's position relative to the competitive environment within which it operates. SWOT stands for Strengths, Weaknesses, Opportunities, and Threats experienced by the company.

Tips for Succession Planning

Have you started with your succession plan for your organization yet? Have you delayed planning for lack of time, or in confusion about what to do next? Have you yet to identify potential successors, or are you unsure of your successor’s skills and abilities?

Social Media Marketing? Bring your A-game

Building a social media presence is essential for most businesses nowadays, and it is a competitive landscape. Need to promote your product? Use Social media. Need to create brand awareness? Use social media.

Towards Better Procurement

Among the many costs that you hope to minimize when engaging in a business, procurement is probably one of the most important factors that you might have to consider. This is the same for both large scale and small scale businesses. Here’s a snapshot of procurement and ways in which you can make it more efficient and cost-effective.

A guide to entrepreneurship Ep 4: Financial Management & Planning

This conversation is on Operational and financial strategy, budgets, profit and loss, cash flow and debt management
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Strategy

How do you build a Sales Strategy through a Sales funnel

In this video, Jehan Wijesinghe of Unicorn Factory discusses how to create a sales strategy and explains the use of a sales funnel.

How well did I do?  Year-end business assessment

As the year draws to a close, it's an opportune time to reflect on your business's performance and set course for the next year/future. A comprehensive year-end assessment provides valuable insights, allowing you to identify areas of strength, weaknesses, and opportunities for improvement.

Success strategies for SMEs to overcome the economic crisis and maintain consistency

If you want to overcome obstacles resulting from the economic crisis and maintain consistency, here are a few things to get you started.
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