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We’ve all seen The Devil Wears Prada, but despite the fashion industry coming across as a place only the mad and foolish would want to be a part of, it still manages to capture the hearts and minds of many a young entrepreneur. The good news is that you don’t have to accept verbal abuse as part of a rigorous internship to get ahead. Today is the era of the entrepreneur, and if you want to be involved in the fashion industry at a high level, you can be: you can do it yourself. By starting your own clothing company, you’ll have a space...

Wages are the biggest overhead of practically any organization, and so the first place bosses look when trying to cut costs. But changing the level of compensation paid to workers is a risky business. It can reduce morale, force some of your best employees to leave and doesn’t always take into consideration the productivity contributions of individual members of your team. Often doing something as simple as cutting wages by a few percent can lead to a downward spiral in your business and the destruction of your company. Your best people...

When you are trying to develop your business, something you will always need to think about a lot is how your business actually looks from the outside. Although outside perception is not everything, in business it means a great deal, especially when it comes to the perception of the customer and the average person on the street. The best entrepreneurs manage to craft an image of their business which others find to be wholly positive, and in doing so they improve their business performance greatly. If you have always wondered how to do...

Having a business that is moving towards global growth is where the business is moving towards worldwide trade and growth. But for smaller businesses, the prospect of ‘going global’ can be quite a daunting process as it is going to be a big undertaking and could disrupt normal services quite significantly. So it can be easy to see why many businesses put it off, even though it could improve the whole business and take it to the next level. So it is imperative that business owners understand the impact of expanding their business globally,...

As a business owner or manager, you’re no doubt aware of the importance of community, and of the impact – for better or worse – that your venture could have upon the people and projects that reside there. Businesses have the potential to become powerful vehicles for community change, and can ensure that their locality thrives, following investment in various ventures and people. On the other hand, communities have the power to push a business to success, offering custom, local insight and constructive criticism should issues arise....

Running a business in the modern age can be very difficult. Thanks to the internet, even the smallest of companies are expected to keep up with the bigger businesses. You have to make sure your social media is on point, your offices are good enough for modern workers, and your products meet the standards customers expect. This is all while dealing with the normal operation of your business, too. To help you out with this, this post is going to be going through some of the best ways to use social efforts to solve issues in your business....

Success can come in many forms. Indeed, that’s one of the most satisfying things about success and is one of the reasons so many believe it can happen: it can come from any source. There is no tried and tested route to success. Much of it comes down to an individual’s persistence, hard work, and belief that they can turn their dream into a reality. And if it can come from anywhere, it can come from young people. If you think you’re too young to be successful, read our advice below. It’s more achievable than you think. Ignore Your...

Health and safety are a huge priority for any business owner. Not only do you have a responsibility to protect your staff, but you need to look out for your customers too. Accidents that take place on your premises can result in staff being laid off sick, customers refusing to return to your store and even law cases that could see you pay out heavy compensation fees and fines. However, few entrepreneurs need to focus on this area quite as ardently as the restaurateur. Negligence in the food industry can have devastating effects: from food...

Failure is a part of life, that is why pencils have erasers! It’s going to be a difficult thing to face up to if you’ve had a business fold on you. It can make you feel like a failure on so many levels, but as an entrepreneur, you need to recognize that this is part and parcel of the business world. The risk is a huge part of what can make your business soar or fall flat on its face, and with every risk, there can be a great reward. It’s important to get back on the horse, but it is also important to understand why your...

When you’re a small business, it’s crucial that you can keep the same customers coming back for more and more of the product or service that you’re delivering. Whether you are selling computer hardware or mechanical parts for a car or any other kind of product or service, you should want to ensure that you have a strong and loyal customer base. Without that, you would have to continuously search for customers to replace those that aren’t coming back. And that would definitely not be too good for your bottom line! In this article,...