The cost-of-living crisis, characterised by rising inflation, is impacting businesses as much as it is affecting consumers. Understanding how consumer behaviour is changing is crucial for businesses to adapt and stay competitive.
Every business is a sales organisation. Selling generates the cashflow that is the very lifeblood of any business. However, sales is as much an art as it is a process. Here are some top tips to help you to close deals.
Strong and varied passwords are key to effective cyber-security. However, few people can remember all the passwords needed for logging into their various devices, online accounts, cloud services and so forth.
Growing a business is hard work, particularly during a challenging economic environment. However, now might be the time to increase your market share while your competitors are pulling back. Perhaps some of your competitors are laying off employees and if so, this could be a good time to acquire some talented people from a rival firm. You could also take advantage of less competition from rival firms and try to grow your market share.
In business, critical thinking is the ability to solve problems effectively by gathering key information about the issues at hand, generate further ideas involving a variety of perspectives, evaluating the information using logic and making sure that everyone involved is on board with the decision.