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An expanding business will always have room for more helping hands, and that means hiring new employees to help you manage the company as it grows. Smart employers know that simply relying on a candidate’s resume and interview will not be enough to guarantee a successful hire. To ensure that you will only get the most qualified employees for the position, you need to use additional recruiting and screening methods.

It’s a fact: most businesses get rejected before securing the venture capital they need. Venture capitalists have a preference for industries that have the potential for rapid growth. Businesses that don’t offer the same scalability that a software business has are often set aside for ones that do.  

There are so many new advancements in technology, and the experts are already looking forward to what comes next. It is daunting, to say the least. To perceive the rapid development in technological trends as a digital rat race is not uncommon, but it is smarter for business to view this advancement as a source of opportunity.

Every kind of business in the world has to deal with targeting people as customers. It’s people whom brands build relationships with, people who see your advertising or your packaging, and people who ultimately make the decision to do business with your company or not.

Minimalism in small businesses can easily be taken for granted, but it actually provides a great guide for entrepreneurs who start to feel overwhelmed with the complexities of their work. In the same way that productivity in the workplace starts with eliminating unnecessary tasks in your workflow, business owners should also learn how to de-clutter their business life to make the most out of their time.

So you’ve created your business plan - opting not to go with banks or other lenders for financing - and you’re about ready to make your pitch to a hundred prospects. What now?

It's a lot easier to lead a team of 10 people in a start-up than it is to stay on top of a global business's workflow. Business owners simply don't have the time and energy to provide supervision over every project, especially on multiple levels.

All too late in a crisis, a company can bring in a turnaround consultant or coach and expect this decision to make big changes in their situation. What they don’t realise is that every turnaround relies on a holistic response to the problem, not just the influence of a particular person.

Businesses can quickly outgrow the instinct-driven management of their founders once they start becoming entities of their own. What begins as a start-up owner’s brainchild will eventually become a complex machine requiring more attention and management across its entire structure.

Many small business owners start ventures by focusing on what they are able to do best and leveraging this against what existing businesses already have.