Top 5 Small Business Problems & their Solutions
Wiz4.biz
by Peter Cikalo
6d ago
PROBLEMS: 1) Recruitment & Retention, 2) Inflation & Price Increase, 3) Lack of Capital / Cash Flow, 4) Supply Chain Issues, 5) Marketing & Advertising. Introduction: Many dream of becoming a small business owner as it offers more independence, autonomy, & creativity. The fact is, some small businesses always thrive — no matter the situation. How? The key to success is setting up reliable systems and adapting to the current economic landscape. Let’s face it. The last few years have been particularly challenging for small businesses — a Global Pandemic, supply chain   disr ..read more
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25 Business Lessons from Bill Gates, Microsoft
Wiz4.biz
by Peter Cikalo
1w ago
1) Change the World, 2) Blaze the Trail, 3) Impact, 4) Level the Playing Field, 5) Run Scared, 6) Marketing,  7) Values, 8) Your Best, 9) Innovation, 10) Platform, 11) System, 12) EcoSystem, 13) Crank, 14) People, 15) Divide & Conquer, 10 more to 25. “Humanity’s greatest advances are not in its discoveries, but in how those discoveries are applied to reduce inequity.” — Bill Gates Passion, intensity, and tenacity !!!  When I think back to why I joined Microsoft, a very big reason was Bill Gates. Here was a guy with all the money in the world, yet he showed up every day to&n ..read more
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6 Benefits of Corporate Social Responsibility (CSR)
Wiz4.biz
by Peter Cikalo
2w ago
Corporate governance strategies employed by firms that are ethical, societally friendly, and beneficial to its community Categories of CSR: 1) Enviro responsibility, 2) Human rights responsibility, 3) Philanthropic responsibility, 4) Economic responsibility.  Business Benefits of CSR: 1) Stronger brand image, recognition, & reputation, 2) Increased customer loyalty & sales, 3) Operational cost savings, 4) Retaining key & talented employees, 5) Easier access to funding, 6) Reduced regulatory burden What is Corporate Social Responsibility (CSR)? Corporate social responsibility ..read more
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13 Lucky Strategies for Rapidly Expanding your Young Business
Wiz4.biz
by Peter Cikalo
3w ago
STRATEGIES: 1) S/Funnel, 2) Cust Mgt Sys, 3) Competition, 4) Customer Loyalty, 5) Opportunities, 6) Email, 7) Partnerships, 8) Platforms, 9) Licensing, 10) Diversify.11) Passive Income, 12) Acquire or Establish, 13) Website Benefits. Let’s face it. Scaling your business is hard. It takes considerable effort. In the beginning, it means wearing different hats. It means dealing with sales and marketing. It means understanding taxes and corporate compliance. It involves having to interact with customers on a daily basis. And so much more. At the end of the day, it takes its toll on you. If you’re ..read more
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KPI’s & METRICS: 1) Rev Growth 2) Rev/Cust, 3...
Wiz4.biz
by Peter Cikalo
1M ago
KPI’s & METRICS: 1) Rev Growth 2) Rev/Cust, 3) MRR, 4) AMR, 5) RCR, 6)Burn Rate 7) Break-Even, 8) $ Run away, 9) COGS, 10) Profit Margins, 11) TAM, 12) SAM, 13) Mkt Share, 14) CPL, 15) CAC, + 15 more. Tracking KPIs (Key Performance Indicators) is crucial for startups to determine whether efforts and investments are paying off with desired results and target revenue. Key performance indicators are critical analytical tools that remind you to simplify, expand, or implement an exit strategy in the worst-case scenario. Remember, without proper tracking and analysis, it can be difficult to mea ..read more
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+36 additional Business Ideas to Start your own Business Journey to Success in 2024
Wiz4.biz
by Peter Cikalo
1M ago
136 IDEAS: Prep, 1) Blogg’g, 2. Trng, 3) E-Comm, 4) Mktg, 5) Ship’g, 6) Print’g, 7) Subscr Srv, 8) Writing, 9) Music, 10) Security, 11) AI, 12) VR, 13) Apps, 14) SaaS, 15) Gadgets, 16) Graphic Design, 17) SMM, 18) Content, 19) Mktg, 20) V.Asst, 21) Clean’g, 22) M.Car Wash, 23) Chef, 24) Lawn, 25) Landscaping, 26) Photog, 27) H.Org, 28) Errands, 29) Tutor’g 30) Ebook, 31) Lang App, 32) VR, 33) Edu Toys, 34) Tutor’g 35) Wed’g Plan’g 36) +100 more Ideas !!! Do you want to find a business idea that can bring you success in 2024? This practical guide demystifies 136 different and high-potential bu ..read more
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12 Small Business Trends for 2024
Wiz4.biz
by Peter Cikalo
1M ago
TECH TRENDS: in A. Finance B. Marketing, C. Tech, D. HR, E. Future. Small businesses need to adapt to a constantly changing market. To meet the needs of your customers and stay one step ahead of the competition, it’s critical to monitor the trends that affect your business’s operations, and there’s no better time to reflect than the start of a new year. To help you do so, we connected with experts in finance, marketing, tech and human resources to find out what you should expect in the coming year and how to position your small business for success. A. Small Business Finance trends Experts pr ..read more
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7 Lucky Ways to Prepare your own Business for 2024
Wiz4.biz
by Peter Cikalo
2M ago
7 LUCKY WAYS: 1) Financial Status, 2) What Worked, 3) Learn fm Failures, 4) Credit Check, 5) Financial Plan, 6) Tuff on your Taxes, 7) Dream Big. Conclusion. Preparation 2023 Evaluation: Before planning for 2024, you’ll have to understand where your business is now and reevaluate the decisions you made last year. Financial Status. Breaking down your finances, specifically with profit and loss statements and accounting software, can help you learn more about the current state of your business. Planning. Once you have a clear picture of where your business stands, you can start planning for yo ..read more
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20 Ways to Prepare your Small Business for 2024
Wiz4.biz
by Peter Cikalo
2M ago
WAYS: 1) Strategic Marketing Plan, 2 Online Presence, 3) Leverage AI, 4) SEO, 5) Content Marketing, 6) Video, 7&8) Social Media, 9) User Content, 10) Reviews, 11) Interactive Content, 12) Cyber-Security, 13) Employees, 14) Training, 15) Revenue Streams, 16) CRM, 17) Fin Check, 18) Resiliency, 19) Mkt Research, 20) Network. Amidst the hustle of your busy holiday season and the drive to conclude 2023 on a high note, it’s crucial to turn your attention to planning for the upcoming year. The arrival of 2024 is here, and the strategic groundwork you lay now will pave the way for your small bus ..read more
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10 best Tech of CES 2024 – Las Vegas
Wiz4.biz
by Peter Cikalo
2M ago
10 BEST: TV 1, Access 2, Keyboard 3,Headset 4, Laptop 5&6,        Monitor 7, Hardware 8, Home 9, Beauty 10 + 13 more. Consumer Electronics Show (CES) 2024 in Las Vegas has come and gone, leaving a wealth of promising TVs, powerful computers and more AI-powered gadgetry than anyone realistically needs in its wake. The sheer number of new products revealed at this massive annual tech show is always overwhelming — and often filled with a lot of nonsense — which is why we’ve done the work to surface the stuff you might actually want to buy this year. We spen ..read more
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