Recognizing Business Opportunities
Where others might see a struggling economy, WhatWorks sees a world of opportunity. This week's issue focuses on ways to identify market trends and develop new products. A rough economy is sometimes the best time to capitalize on a fresh idea.
The What Works for Business blog shares a useful online directory of free business tools. For more tips and news on the latest solutions for small business, sign up for the RSS feed to receive automatic updates. ![]() ![]() 7 Small Business Leadership Rules for Recession Q. Dear Dan: I’m losing sleep worrying about poor business conditions and the mood at my small company is depressed. How can I step it up a notch? – Sleepless A. Dear Sleepless: Once you’ve done everything you can think of to save money and stimulate sales, it might be time to fortify your business for the future by setting a leadership mindset that will help carry you through the tough times. Here's how:
Tracking Business TrendsBy W. Linda Formichelli Every trend represents a new opportunity for you, and those who spot trends first are usually in the best position to profit from them. Every trend represents a new opportunity for you, so keeping on top of trends should be a part of your business. By tracking business trends, you can:
Developing New Products and ServicesBy Diane Benson Harrington If your sales force is stellar but customers are dwindling and new competitors keep cropping up, it's probably time to bring something new to the table. Follow these steps to introduce new products and/or services, and turn your interesting ideas into a better bottom line:
Hot Franchise OpportunitiesBy Daniel Kehrer Looking for a franchise business opportunity? For help with how to buy a franchise, the best franchise to buy, and the hottest franchise opportunities, concepts and trends right now, you’ve found the right place. Find out the two trends you should know about...
Finding New Business IdeasBy Sheryl Nance-Nash Whether you're hoping to fulfill an entrepreneurial dream or you're already in business and looking for the next big thing, ideas are what will get you there. But where do you find them? Try these three directions ... |
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SOLUTION OF THE WEEK
Painless Payroll: Kronos makes payroll calculations a cinch with its Workforce Timekeeper, a web-based time and attendance system that can simplify even the most complex pay policies.
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