Category Archives: FAQs

Growing an eCommerce business in 2023 requires a combination of strategies, such as making sure you have a well-designed website, that its functional and loads fast. Utilizing effective digital marketing techniques, fostering customer loyalty, and understanding the latest trends in eCommerce. Start by creating a website that is both user-friendly and visually appealing. Ensure thatContinue reading “How to grow an eCommerce business in 2023“

It can be tough to decide between an agency or in-house team to help with an ecommerce project. Ultimately, it depends on the size of your business and the scope of the project. If you have a small business and the project is relatively small, it may be more cost-effective to have an in-house team,Continue reading “Agency or inhouse?
e-commerce conundrum”

There are several steps you can take to find qualified and reliable candidates. First, create a detailed job description outlining the skills and qualifications needed for the role you are looking to fill. Once you have a job description, you can begin to search for potential candidates through online job boards, social media networks, andContinue reading “Finding the right staff for your e commerce project”

Small businesses can take advantage of e-commerce to boost their business in a variety of ways. One of the most important things is to have an online presence with a website and/or online store. This will enable customers to find your business and purchase your products or services online. Additionally, it is important to createContinue reading “How to boost small businesses through E-Commerce”

Retaining talented employees when they suspect the business may be up for sale can be a challenge. The best way to retain them is to be open and honest with them about the potential sale. Communicate with them regularly, provide them with a clear understanding of what their role will look like if the businessContinue reading “How do you retain talent when they suspect you may be looking to sell the business?”

Executive recruitment can increase your EBITDA by bringing in experienced, driven professionals who can help develop innovative strategies to maximize operational efficiency and reduce costs. Additionally, having the right executive team in place can lead to improved morale, higher productivity and improved customer service, all of which can lead to increased revenues and ultimately higherContinue reading “How can executive recruitment increase your EBITDA?”

When selling a family business, it is important to consider the board composition for the potential buyer. An effective board should include experienced individuals who have knowledge in the industry, financial expertise, and a variety of perspectives. Additionally, the board should include stakeholders that are invested in the success of the business. By having aContinue reading “When selling a family business what should your Board composition consist of for the potential buyer?”

High staff turnover can certainly have an impact on the value of a business, as it can lead to decreased customer satisfaction, lower productivity, and decreased morale. It can also lead to increased costs associated with recruiting, hiring, and training new staff. Ultimately, if the turnover rate is too high, it can have a negativeContinue reading “Does high staff turnover reduce your business sale value?”

Yes, recruiting new Board members before going down an exit route is important. This is because they can provide valuable insight and guidance by utilizing their knowledge and experience in the industry. Additionally, they can help you strategize your exit plan and ensure that the organization is well-positioned for the transition. Ultimately, having fresh perspectivesContinue reading “Is it important to recruit new Board members before going down an exit route?”

Absolutely! Having a strong management team in place can be a major factor in the sale price of a business. A strong team allows potential buyers to feel more secure in their investment, as they know that the business will continue to be well-managed and successful even after the sale. This can be invaluable forContinue reading “Does a strong management team add value to your sale price when looking to sell your business?”