Many business leaders conduct an annual SWOT analysis as the foundation of their strategic planning for the coming year. By thoroughly assessing their organisation’s strengths, weaknesses, opportunities, and threats, they make informed decisions on key business...

For most businesses, long-term planning involves strategies and initiatives designed to deliver benefits over time. Seasonal businesses also require similar elements—budgeting and sales forecasting, recruitment and retention strategies, marketing plans, and cash flow...

Many businesses face significant seasonality during certain times of the year, leading to dramatic changes in operations, short-term profitability, and long-term viability. These fluctuations impact not only traditional seasonal industries like tourism and retail, but...

Running a seasonal business presents unique challenges, particularly centered around effective sales and meeting customer demands during specific times of the year. However, similar to any business venture, proactive planning is crucial to achieving defined objectives...

We've all come across those individuals on LinkedIn boasting 5,000+ connections, with their actual reach likely much larger. You might even be one of them. And there's nothing wrong with that. Many of us have substantial online networks. However, an impressive number...

Expanding a professional network is crucial for both job seekers and those aiming to grow their companies, such as CEOs and business owners. However, there's a difference between general networking and strategic networking. Strategic networking allows you to learn...

Building and maintaining a professional network is essential for successful business ownership. Strong connections in areas such as development, innovation, and strategic partnerships can significantly enhance business opportunities. However, traditional methods of...

Networking, as defined by Investopedia as “the exchange of information and ideas among people with a common profession or special interest,” extends beyond job-seekers and new hires. It's a practice that offers substantial advantages even to CEOs and business leaders....

Team building plays a crucial role in shaping a positive and dynamic company culture. These activities are instrumental in fostering collaboration, strengthening connections, improving communication skills, and igniting creativity and innovation—qualities essential...

The concept of team building, aimed at fostering closer bonds among colleagues, is widely embraced in the business world. However, equally crucial yet less evident is the necessity for remote teams within a company to establish strong connections. While remote workers...

As a business owner, mastering various hard skills such as operations, financial management, HR, and compliance is essential for success. However, there's a softer skill that's equally vital but often overlooked: trust. This concept, though seemingly simple, is often...

Like it or not, the threat of cyberattacks targeting your business is an undeniable reality. Safeguarding your assets and sensitive information is imperative for the success of your enterprise. Therefore, prioritising the assessment of cybersecurity risks remains...

Your business likely has skilled employees who excel in their tasks, ensuring productivity and efficiency. However, there are moments when these individuals must unite as a team, extending beyond their usual responsibilities. This necessity arises when embarking on a...

It’s a dangerous digital world out there – and a remarkable number of small businesses are under-protected, unprepared, and largely unconcerned about getting hit by a cyberattack. According to a recent Forbes article, a shocking 57% of small business owners believe...

Small businesses are prime targets for cybercriminals, and there’s a clear rationale behind it Small businesses stand as prime targets for hackers, facing a myriad of modern cyberthreats. This guide aims to assist small business owners in grasping the present threat...

Cybersecurity protocols are used well beyond the workplace, as employers increasingly rely on remote workers. Regardless of whether employees complete their work assignments remotely or in the office, hackers and other digital bad actors don't care. Their only concern...

Social engineering is a hacking technique where cybercriminals manipulate individuals into clicking on something harmful, often by exploiting human psychology, curiosity, and ignorance. This could include opening a document embedded with malicious code or entering...

After years of warnings about new types of cyberattacks, we might have become hardened to the real threat still lurking out there. Many small business owners and CEOs believe certain myths about cybersecurity, myths that, if left unchallenged, can damage a company's...

Most business leaders consider themselves to be ethical individuals, particularly when it comes to running a company that prioritises integrity. However, even conscientious CEOs and business owners can make common business ethics mistakes. It is therefore crucial to...

It's pretty safe to say that you have an ethical hiring process as a business owner. After all, organisations are obliged to comply with numerous laws and regulations in the talent acquisition process. They also help prevent discrimination in the workplace by ensuring...

For CEOs and business owners, striking a balance between maintaining agility in leadership and adhering to the goals outlined in a business plan can be a challenging endeavour. Agility involves the necessity to remain flexible in response to constantly shifting market...

Ask a dozen top experts about the economy and you will likely receive 12 differing opinions on where we are headed and the market factors that are driving us there. While knowledge is certainly power, the opinions of even the brightest industry insiders are still...

The concept of ethical behaviour is one that resonates with most individuals. CEOs and business owners often advocate for a set of ethical principles to guide their organisations, aiming to provide employees with a moral compass for interactions with both colleagues...

Throughout our experience working alongside business owners, we've noticed a common thread: many face challenges and pivotal decisions in solitude. Conversely, we've encountered entrepreneurs who navigate this journey with greater ease and enjoyment. Their secret?...

Business ethics is a nuanced subject, often leaving owners and executives grappling with moral dilemmas. Interestingly, few individuals, even when engaging in questionable practices, perceive their actions as unethical. They often justify their decisions as...

It’s altogether likely that business conditions in 2024 will be at least as tumultuous and unpredictable as they were in 2023. For that reason alone, it’s important to begin the process by which you become an agile business leader or improve on your current agile...

Is there any difference between setting goals for your on-site team and your remote workforce? Certainly, there are striking familiarities. For example, whether employees work in-house or are remotely located, it’s vital that their goals are aligned in some ways with...