Reasons Businesses Fail

Reasons Businesses Fail

If you want to build a successful business, it helps to look at why businesses fail in the first place. Business failure is so common that many people believe that means they are likely to fail, but the truth is, there are reasons that half of all businesses fail...
Reasons Businesses Fail

Characteristics of a Resilient Business

If you really want to build a resilient business, it will help you to understand what the characteristics of a resilient business are. Many small business owners, especially when they run a business from their home online, mistakenly think that somehow their business...
Reasons Businesses Fail

Benefits of Creating Processes and Systems

As you design your resilient business, you’ll start to realize it all comes down to having dedicated systems and processes in place for the good times and the bad. Why? Well, no matter who you are or where you live, stuff happens. Weather happens. Illness...
Reasons Businesses Fail

What is Business Continuity Planning?

To build resilience into your business, you’ll need to understand that your business continuity plan will provide the resilience necessary to overcome setbacks and disruptions in essence. Business continuity planning consists of examining your business for...
Reasons Businesses Fail

Why Is Business Resilience Important?

It doesn’t matter who you are or how many resources you have available, something will happen within the next year, or so that will disrupt your business somehow. It may be a family matter, a purely business issue inside your operation, or it may be an external...
Reasons Businesses Fail

What Is Business Resilience?

Being able to pull yourself up after a setback and move on from it – not just learning but thriving in the process – shows resilience. You can demonstrate resilience by your actions after disruption regardless of planning, but real business resilience is baked in from...