Start, Run, & Grow Your Business

What to Do When Your Business is Losing Money

Running a business comes with many challenges, from developing new products or services to attracting and keeping customers. Yet, generating a profit is often the biggest challenge. If your business is experiencing negative cash flow, know that you’re not alone. Growing companies often operate at a loss. Between the current financial climate and things like rising inflation, it’s no surprise if some business owners feel the squeeze. Losing money doesn’t signal the end of your business. You just need to slow down & reassess your business operations. Negative cash flow creates stress, which often leads business owners to make impulsive decisions. The best thing that you can do for yourself is to keep a cool head. Remain calm. Avoid making any major changes to your business without taking the time to think through all the details. In the following post, we’ll walk you through several strategies for turning things …

Talkroute Included in Tekpon’s Best Voip Software for Business List

Talkroute, a leading provider of VoIP solutions, was recently announced as an entry on Tekpon’s list of best VoIP software for businesses for 2024. Tekpon compiled the list of top VoIP software using a variety of data. Tekpon looked at the user experience, cost-effectiveness, and features offered by many of the largest VoIP providers. Leading Voip Software for Business The roundup of VoIP software also includes options that provide the greatest flexibility and scalability. The carefully curated list of software covers VoIP solutions for businesses of all sizes and industries. The co-founder of Tekpon expresses the importance of efficient, reliable communication tools, which is an area where VoIP can help. Voice-over-internet protocol (VoIP) software allows users to send and receive phone calls via the internet instead of relying on traditional phone lines. Voice communication is converted into data that is transmitted over the internet. Tekpon explains that VoIP systems include …

12 Powerful Business Tips to Increase Your Sales in 2024 - Small Business Ideas for better Sales

12 Powerful Business Tips to Increase Your Sales in 2025

When you are running a business, growth and progress are always at the forefront of your mind. It’s helpful to have some general sales goals for your company when starting each new year in order to ‘keep the needle moving’. We all want more sales, don’t we? Sale strategist Jill Konrath once noted that “Sales is an outcome, not a goal. It’s a function of doing numerous things right”. If you want to make 2025 your biggest moneymaker yet, then you’ll need more than one tool in your toolbox. Which is why having some thoughtful advice and helpful tips on hand can aid in propelling your business even further.. Here we provide our 12 most powerful tips to help you increase sales in 2025: 1. Use Phone Tracking It’s estimated that phone call leads deliver between 5–10 times as much revenue as online form submissions alone. Despite …

15 Strategizing Tips to Prep Your Business for the Coming Year

Close to a third of adults set New Year’s resolutions, but only about one in ten is actually likely to follow through on them. I’m sure that isn’t a shock to most of us who are professional procrastinators, though. Businesses should also make it a priority to set goals for the coming year to make sure you are setting yourself and your business up for success. However, if you want to increase your odds of reaching your objectives, you need to start strategizing now before the year is over. Here are 15 quick tips that may help you with prepping your business for the new year: 1. Analyze Successes and Failures from the Past Year The end of the year is the perfect time to reflect on your successes and failures. Think about what went right and also what went wrong with your business. You can …

What Happens While Your Number is Being Ported?

What’s the first concern you have when switching phone service providers? It probably won’t take you very long to answer. You’re probably going to be worried about what is going on with your long-held business phone number while your new provider is porting it into the service. It can be confusing and a bit “unknown” as to what you should expect during the process. But there is actually nothing to worry about, and in this article we will go into what you need to know about porting your phone number. Your Number is Still Your Phone Number One of the more common misconceptions about porting a phone number is that the new provider takes ownership of the number. You absolutely retain ownership of your number, and the FCC guarantees that your provider will allow you to transfer your number out if you decide to switch again to another service …

Need Cash for a Small Business? Learn About Loans and Grants

Owning any type of small business requires a sufficient amount of financial capital to cover orders, payroll, and many other expenses. Unfortunately, many business owners are unsure about how they can get enough cash to make ends meet until the profits can pay for the debt and all those operating costs. That’s why some may turn to things such as small business loans or grants to help lighten the burden. But where do you even begin with all that? What options are out there? AND How do you know which option is best for you and your small business? Two of the most common solutions involve applying for either loans or grants. Of course, it can be difficult to navigate this process, especially for entrepreneurs who have not had a lot of experience with either. Deciding which is most appropriate for your situation involves developing a thorough understanding of …

CMS Requiring Medicare Agents to Record Calls in October

Working in any healthcare field, such as Medicare Advantage services, comes with its own separate challenges. These challenges won’t get any easier, it seems—new rules will now require agents making calls related to Medicare Advantage and Part D to record their calls starting on October 1st. The rules apply to calls with existing patients as well as prospective clients, which will require a pretty big shift for telecommunications centers. However, adjusting to these changes will be easy enough with the right tools, even for agents who rely on cellular phones to make these calls. But First.. Who Made This Rule and Why? This new rule came from the Centers for Medicare and Medicaid Services, or CMS. The new ruling comes after CMS reclassified Medicare Advantage agents and brokers as “third-party marketing organizations,” or TPMOs. This means that the agents are not directly affiliated with Medicare but engage in …

12 Tips From Experts on How to Grow Your Home Business

There will likely be plenty of people telling you what they think is the ultimate secret to grow your home business, making it tough to discern who you should listen to. So, instead of giving you our opinion of what we believe you should do, this post includes 12 pieces of valuable advice from veterans of business. When you want to give yourself an edge & improve your ability to operate in any area, you go to the ones who have come before you that learned how to solve some of the problems that you’re going to face. There are also some things that could trip you up as a business owner which you may have never even thought of. You can decide which of these tips you should keep, and which ones you should throw away. In any case, you’ll find some great wisdom among them that you …

Using CRM to Improve Customer Service for Your Business

In the modern business world, two factors drive success. One is customer service. The other is technology. CRM plays a huge role in both. Excellent customer service is paramount to growing a business of any size in any industry. According to Microsoft’s research, 96% of consumers name customer service as an important factor when determining their loyalty to a brand. People who leave business relationships usually do so because of poor customer service. As Gary V says, “The customer is always right as long as you expect and want their money.” Entrepreneurs and small business owners generally agree that customer service is a key building block of commerce. But more than a few might take issue with the idea that technology is the other major driver of success. After all, any great product sold by helpful people at an affordable price point should succeed whether technology is part of …

Recognizing the Warning Signs of Business Burnout

Business Burnout. This condition affects so many business owners that it almost goes without saying that you’ll experience it or be in danger of experiencing it when you run a business. Unfortunately, burnout is misunderstood by most people, whether you’re an entrepreneur or not, and it’s usually not taken very seriously. In this article, we’ll provide you with the real facts about burnout, as we dispel the myths that can be just as harmful as the condition, itself. At the same time, Respect for it is paramount because if you’re not careful, it’s something that has the potential to put you right out of commission before you even know what hit you. Today, we’re starting with some good advice for recognizing the symptoms of burnout, so that you’ll be able to address it before it starts to overwhelm you. Not to worry; there are effective measures that you can take if you already …

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