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Strategies for Improving Return on Investment (ROI)

  • On November 15, 2022
Improving Return on Investment (ROI) as business owners is vital. We put a lot of time and money into our businesses — and we want to see a return on our investments! Here are a few strategies for improving ROI:  Define and Set Your “Return” Defining returns from your investments is the first step towards […]
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3 Strategies For Strong Entrepreneurs

  • On October 18, 2022
Entrepreneurship is difficult to succeed in, especially when an individual does not know where to start. The following article includes three crucial strategies for strong entrepreneurs. Research the CompetitionWhen starting your own business, it is crucial that you know who your competitors are. Additionally, it is important to note what makes other companies stand out […]
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Executive Coaching: 4 Leadership Development Statistics You Should Know

  • On September 15, 2022
Building a strong team and organization begins with developing its leaders and their skills. Executive coaching allows business leaders to improve their communication skills, build resilience, and overcome challenges. Not convinced executive coaching is for you? The proof is in the pudding. Here are 4 leadership development statistics that may surprise you: 77% of organizations […]
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5 Business Alignment Strategies for a High Degree of Success

  • On August 18, 2022
Business alignment is the process of identifying and targeting specific areas of need by developing strategies that will improve operations and support profitable growth. Here are 5 business alignment strategies that will lead to a high degree of success: Understand the organization’s mission, vision, and values The organization’s mission, vision, and values should be at […]
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Employee Retention: 3 Strategies for Retaining Top Talent

  • On July 14, 2022
In 2022, the job market is competitive — especially as employment options shift and remote work becomes more available. Employee expectations have changed and executives must adapt in order to retain employees. Here are 3 strategies for retaining top talent: Listen When an employee feels their needs are not heard or met, they begin looking […]
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5 Tips for Effective Strategic Planning

  • On June 16, 2022
You will not achieve your short-term and long-term goals by simply “winging it.” Hope and luck are not enough! From planning to implementation, you must be strategic and thoughtful. Floro Business Strategies has compiled a list of dos and don’ts for effective strategic planning: Develop a formal process There’s a reason they call it strategic […]
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Board of Directors: Improving Decision-Making Processes

  • On April 28, 2022
Over the past few months, we have exchanged thoughts and ideas regarding the structure, roles, responsibilities, and accountability of a Board of Directors. Boards of Directors are tasked with making impartial decisions on behalf of organizations and their stakeholders. With so much at stake, decision-making is one of the most important Board processes. The Board […]
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Distribution Channel Development: Improving Manufacturer-Distributor Communication

  • On April 6, 2022
Manufacturers and distributors rely on one another to sustain their independent operations. Without distributors, manufacturers would have no way of getting products into their customers’ hands. Without manufacturers, distributors would have nothing to sell. Given the nature of this dynamic, collaboration is key. In order to develop a relationship with your distributors that is mutually […]
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Analytics vs. Creativity: Why You Need Both in Business

  • On March 9, 2022
Analytics vs. creativity is the ultimate left brain/right brain face-off! The business world relies heavily on analytics when making decisions, but that often leaves no room for creativity or new ideas — and we can’t always rely on analytics to predict future outcomes. Analytics and creativity are not mutually exclusive; to identify solutions and produce […]
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