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5 Mistakes to Avoid When Expanding Your Small Business

5 Mistakes to Avoid When Expanding Your Small Business

As a small business owner, if you’re looking to expand then you’re doing something right! It can be exciting knowing that you have the potential to improve your profit margins. However, expansion brings challenges and you need to avoid these mistakes to successfully grow. 

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Give the Gift of Time

Give the Gift of Time

The holiday season is a joyous and busy time of year. Small business owners barely have enough hours in the day at the best of times, and all the added socializing, gift-buying, and year-end deadlines can be enough to put you and your team over the edge.

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Team Structure: Hybrid Org Design

Team Structure: Hybrid Org Design

It’s time to identify what powers great design by analyzing how top companies in the industry are designing their teams. A hybrid approach to org design, common in large organizations, and effective for team communication. 

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Business Strategy: Planning for Errors

Business Strategy: Planning for Errors

One of the most common problems in business development, especially coding, is the movement from an idea to the final product. Problems seem to accrue during the downhill sector of growth; however, these issues can be examined during the uphill stage of development. Let’s analyze how to catch these complications so they don’t surprise you later.  

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Branding: Telling Your Story

Branding: Telling Your Story

Your brand, your story. Without establishing a timeline of events or verbal expressions of how far you and your business have come, are you truly worthy of competing? Stories add meaning and substance as to why your brand is here. Don’t let assumptions undermine your offerings, but adequately engage with your audience and tell your own truth. 

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