article thumbnail

How Can You Manage Your Small Business Finances More Effectively Using Loans?

Strategy Driven

There are a few different types of loans you might need to consider, and they can help you to fund your business correctly early on and encourage you to make the best financial decisions possible. Why Are Loans Vital to Small Businesses? Business loans are an option available to businesses to help with finances.

Finance 95
article thumbnail

Pushing Your Business Through a Period of Growth and Change

Strategy Driven

You cannot expect to keep going the way you are, not changing a thing and in return, expect to reach new target markets and audiences. You have to be flexible and adaptable to your new target audiences and customers; you have to change to meet new growing market concerns. If you do not adopt change, then you will stay stagnant.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Actionable Steps To Improve Your Business’ s Financial Position

Strategy Driven

Businesses have been hit hard in recent times, as the pandemic situation has given many business owners cause to worry about their finances. If you have an accountant or any other type of financial adviser , sit down with them to discuss your finances. 2: Assess your marketing tactics.

article thumbnail

What It Takes To Turn Your Failing Business Around

Strategy Driven

A 2019 report by the National Business Capital indicated that although 6.5 That’s not good news for the job market when workers cannot vouch for the long-term business survival of the establishments they work for. Perhaps, finance is an issue, and paying for their training isn’t a feasible idea.

Finance 80
article thumbnail

Complimentary Resource – Best Practices for a BI and Analytics Strategy

Strategy Driven

A growing number of organizations are moving toward having more pervasive Business Intelligence (BI) by turning to evidence-based decision making supported by a range of BI and analytics technology and processes that enable decision makers to have the best possible intelligence about customers, finances, operations, suppliers, and the market.

article thumbnail

Are CEOs Really Necessary Anymore?

Strategy Driven

With increasingly vast bodies of knowledge about experiences, one can see how business Intelligence, with enough computing power, became Artificial Intelligence. Famously, Steve Jobs had no interest in market research when imagining where Apple needed to go next. No driver necessary. The second is to lead innovation.

CEO 66
article thumbnail

Complimentary Resource – Improving Business Operation Performance With Innovations

Strategy Driven

Analytics tools give decision-makers the best possible intelligence about customers, finances, operations, suppliers, and the market. This is why, according to IDC research, business analytics was among the top five IT investment initiatives in 2012. Complimentary Resource – 8 Tips for Social Business.