5 Biggest Business Mistakes You Must Avoid

Mistake
As many of us know, over half of all businesses fail before their first birthday. I don’t tell you this to scare you off. Actually, it’s quite the opposite. I use this statistic to encourage you to work even harder at your dream. Only a small percentage of companies survive the early years, and it takes an enormous amount of perseverance.

It also means avoiding some of the biggest mistakes and pitfalls. As a new business owner, you can learn from the mistakes of the past here. While you may be relatively inexperienced, the same mistakes are killing businesses time and time again. Learn them, and you can avoid them.

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Workplace Safety Tips All Employees Must Follow

Workplace Safety
No matter how many policies and guidelines are laid out for workplace safety, it’s impossible to have a work environment that is hazard-free without ensuring that all employees are aware of those guidelines and put them into practice. A safe working environment is based on how all workers of all levels adhere to and communicate about safety standards at work. The foundation of any workplace that is safe with minimal risk of hazards and danger is one which encourages employees to identify any hazards and unsafe behaviors which they see as well as offer their own suggestions for improving safety.

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3 Things to Consider Before Expanding Your Business Abroad

International Business
Often when looking to expand your business going international is the best way to do it. Globalization has enabled businesses of all style and size to go after customers they were not able to before. Reaching to new markets and a different selection of customers overseas can be hugely beneficial for your business and literally open up a whole new world of clients. However, it is worth remembering that international expansion does not come without its own risks. There are a few essential things to consider before expanding abroad. Here’s the top three:

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5 Keys to Building a Successful Online Startup

Success
There has never been a more exciting time to launch an online business. As such, more and more entrepreneurs are turning their attention to this arena every year. If you’re looking to step into the world of ecommerce in 2016, it is imperative that you start on a positive foundation. Great planning is central to establishing a successful online venture. There are several key areas an online startup needs to focus on for this strong foundation. Here are five of the most important areas you need to worry about.

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6 Common Traits of Successful Entrepreneurs

Entrepreneur
Who does not love hearing the thrilling stories of how the common people became successful entrepreneurs? Whether it is Mark Zuckerburg, Steve Jobs, Jason Camper or Bill Gates, people who followed their passion, not only achieved success but also became an inspiration for many. But what does it take to be a successful entrepreneur. If it was just hard work many others would have been there as well. I believe it is a combination of several traits that determines whether you will become next Bill Gates or just another business owner who is struggling everyday. Below I describe 6 traits which are essential for anyone who dreams of making it big as an entrepreneur.

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3 Reliable Ways Small Business can Improve Business Processes

Business Process
At its core Business Process Management (BPM), is a systematic approach to making an organisation’s workflow more effective, efficient, and more capable of adapting to an ever-changing environment. As you might imagine, BPM is a wide-ranging subject, and there are a number of different areas you’ll have to focus on in order to create a well-rounded business. Three approaches described below can help small business owners improve their business processes to be able to compete effectively.

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4 Tips to Get the Most Out of Your Employees

Employees
Hiring employees is expensive. Both the process of finding the right person and keeping them on are time-consuming and cost you money. But it is imperative to keep talented people on your team. However, if you’re paying to have them there, you understandably want to get as much out of them as you can. Making the most of each of your employees is essential if you want to get your money’s worth. That doesn’t mean treating them like bags of money you can wring dry, though. If you want them to reach their full potential, you have to be willing to nurture them. Employees who are treated like people will be more likely to work hard and stick around. If you want to make the most of yours, do the things below.

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Why You Should Invest in the Best Advice

Advice
When you are in business, you are always looking to get mostvalue for money. Making sure you get the best deal possible on the services you buy is important. Doing so helps to ensure that you have a healthy profit margin. It is part of what enables you to offer your product at a competitive price and beat your competitors.

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How to Expand Your Business by Investing in Commercial Property

Commercial Property
Expanding your business through commercial property acquisition is typically one of the safest investments a business can make. Not only will it earn you positive returns every month, but, considering the current real estate climate, you can also expect the property to appreciate in value over time. Before jumping in with both feet, however, it is beneficial to know the fundamentals of commercial property investment. Here is what you need to know to get started.

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3 Compelling Home Business Ideas for Entrepreneurs

Home Business
Home businesses are becoming more common every day. People are getting tired of their daily commute to their job and dealing with all of the stress that goes along with working in a traditional office environment. This has caused a large number of people to seek employment elsewhere. In many cases, they are taking advantage of the technology that exists allowing them to start their own business and operate it from the comfort of their own home. The Internet has made it possible for people to run wide variety of businesses and become their own boss. Here are a few home business ideas worth considering if you are thinking about leaving your day job.

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