Is your business struggling? Statistics from the U.S. Department of Labor shows that on average, of 400,000 new businesses started each year in the United States, 50 percent will fail within 5 years, and only about a third make it past the 10-year mark. With statistics like these, growing your business can be a risky
For many teams, it comes down to a lack of trust. Leaders often find it hard to trust their staff and let go of responsibilities as their business grows. In turn, 63 percent of employees report a lack of trust in their company’s leader…
by Eunice Joshua Clarke (published in LinkedIn Pulse May 11, 2015) Running a business can be complicated. In 2013 when I first started my company The Executive Advantage Virtual, I was very familiar with starting a business, but not very familiar with the virtual office administrative services industry. At that point in my career, I already
The components of a business are many and can be very hard to manage. It’s not necessarily challenging because you don’t know how to get your company started – which includes choosing a company name, registering it (DBA), creating your brand material (i.e., business cards, logo, mission statement), getting office tools (equipment, software, etc.), and
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