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Strategy

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

Don’t get caught in economic weeds

Planning for a solid financial future is always important to help you avoid the economic pitfalls that you may otherwise fall into.

Identifying Environmental and Social Risks

Businesses today cannot only limit their governance and compliance scope to the narrow boundaries of accounting and operations.

Business Opportunities and Business Planning

In the dynamic world of business, small and medium enterprises (SMEs) play a pivotal role in driving economic growth and fostering innovation. However, the journey of an SME is filled with challenges, uncertainties, and fierce competition. To thrive in this landscape, SMEs need to proactively identify business opportunities and craft effective plans to seize them.
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