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HOW TO SCALE A BUSINESS
January 31st at 7:28pm
Scalability is about capacity and capability. Scaling a business means setting the stage to enable and support growth in your company. It means having the ability to grow without being hampered. It requires planning, some funding and the right systems, staff, processes, technology and partners. Does your business have the capacity to grow? Will your business systems, infrastructure and team be able to accommodate growth? Companies scale their business when their revenue increases while their operating costs remain low. If a company increases their revenue but increases their costs at the same rate, then that business is not scaling. Setting proper goals is necessary for anyone who’s serious about…
Happy Thanksgiving from First Down Funding
November 27th at 5:11am
First Down Funding wishes all Small Business Owners from coast to coast, a very Happy Thanksgiving to you and your family.
First Down Funding – When Do Short-Term Business Funding Make Sense for Your Business?
November 26th at 2:37pm
First Down Funding specializes in approving small businesses across the United States for Small Business Funding since 2012. Apply Today and Get Funded Tomorrow. There was a time not too many years ago when the local bank was the only place to get small business funding. For a number of reasons, that isn’t always the case today. In fact, funding purpose, credit profile, and other factors play an important role in determining where a small business owner should look for financing, the type of small business funding that makes the most sense, and what type of cost of working capital…
THE FITNESS BUSINESS HITS $30 BILLION
November 24th at 2:19am
The fitness industry is booming and shows no signs of slowing down. An average of 20% of Americans have gym memberships, and the demand for health foods is increasing by 10% each year. Here are key elements that every investor and entrepreneur should consider before investing in this industry. 1. Health insurance costs The rising cost of health insurance has propelled corporations to subsidize and promote healthier habits. Corporations are allocating a larger budget towards health benefits including gym facilities and healthier food options for their employees. 2. The new demand for healthy foods. Healthy products have increased in demand…
Small Business Funding through First Down Funding
December 20th at 9:31pm
If you’re looking for cash advance or funding for your new small business setup, a first down funding may be the solution to solve your issues. An American based company located in the Historic Downtown District of Annapolis, MD, provides good options as compared to traditional companies. Business owners who wish for quick funding approval without submitting strict credit requirements and extensive approval procedures that normally come with most bank advances. If you are running a small or medium-sized business in need of a good amount, then a business cash advance through first down funding is an accurate choice for…
THE MOST IMPORTANT JOBS IN A COMPANY
July 20th at 10:08pm
The majority of entrepreneurs and business executives may agree that the sales team carries with the most important task within a company. Companies should value the sales team and the vital role they play in an organization’s growth. Sales teams not only increase revenue but they also have a strong impact on brand reputation, long-term customer relationships, retention of customers and overall business growth. The most important hires a small business can make. Product manager. Marketing generalist.Sales representative.Customer support representative.Business development or financial analyst.Human resources professional.Accountant. When customers are happy about your products or services, they become your brand ambassadors without your knowledge. They will spread the word and your sales will start to…
HOW TO HIRE THE RIGHT PERSON
June 29th at 9:51pm
Hiring the right person is a time-consuming task. Posting jobs, sifting and sorting through resumes, conducting job interviews, and making a final hiring decision all rests on your shoulders. It’s easy to daydream about finding and hiring that ideal job candidate, but it’s often challenging to actually find that person – unless you apply the following rules to your hiring process. Understand how the candidate’s aspiration fits with the job. Vet them appropriately. Don’t hyperfocus on their past. Consider evaluation strategies beyond the face-to-face interview. Make sure candidates spend plenty of time with your team. Pay attention to the questions they ask. Work with them first.…
BECOME A LEADER
June 22nd at 9:46pm
It doesn’t matter if you are running a business, managing a team, or teaching a class–leadership skills are important. Some people seem to be born knowing what to do to inspire and lead people, but for most of us it doesn’t come that naturally. Do These 7 Things If You Want to Become a Leader Be a team player.Lead from where you are. Be an expert, but learn and master new skills. Be open to feedback and criticism, and use it to grow. Demonstrate a firm understanding of client needs. Learn to communicate well. Take actions and make recommendations for the good of the organization, not you. Praise people often and…