Stay ahead of the curve with insights from our blog. We cover the latest trends in business performance measurement, tips for optimizing your operations, and stories of innovation from the industry.
Why is it that service-based businesses have low startup costs, but many people still struggle to scale? When it comes to marketing a service-based business, there are peculiar challenges experienced, unlike when compared to marketing product-based businesses. ...
Have you ever heard this saying: Work smart, not hard? Some might find it puzzling (after all why would anyone choose to not work hard?) but what this truly means is that you should actively adopt methods that make your job faster, and work efficiency, improved....
What if we told you that starting a business may feel like the most important thing to new business owners, but many do not realise that marketing is where the work lies? Marketing has evolved over the years from paper posters around bus stops, flyers being handed...
Your retail business does not only need suppliers to purchase goods in bulk from. What it needs the most to avoid financial losses is effective supplier management. At Biz Vital Signs, we believe that strong supplier management is key to financial stability and...
Have you ever thought about it like this: if an advantage is supposed to be something that gives you an edge over others in a similar situation, then the tech industry is practically a boxing arena of both small and medium-sized businesses all fighting to win that...
John and Tofunmi both run businesses in the city mall. John’s cosmetics store has an influx of customers (most of them regulars), while Tofunmi’s gift shop has fewer regulars and is mostly patronised by curious shoppers drawn by the billboard placed near the...
Paying taxes as a small business and navigating taxation and compliance rules may seem very scary, but it is a critical aspect of your business’s financial management. Let me provide some backstory: Governments charge taxes to help provide public services, while...
Without a strong brand identity, your business has little hope of standing out in its industry. In the present digital age of websites and e-commerce, having a well-defined brand identity not only differentiates your business but also inspires customer trust and...
Selling tech products and services is quite different from selling traditional retail consumables. For many people worldwide, the tech industry is new territory. Therefore, founders of tech startups often face challenges to win over customers. This article explores...
Content -scratch that- the customer is king! Rest assured, whether you run your retail business physically (brick-and-mortar) or you run it online, your business will still serve customer’s needs significantly and has a bright future ahead of it. However,...
