The Emergence of Young Entrepreneurs: Millennials and Gen-Z Transforming Business
A new wave of entrepreneurs, comprised of Millennials and Gen-Z, is reshaping industries worldwide, challenging traditional entrepreneurship norms. With their distinctive traits, innovative mindset, and digital proficiency, these young pioneers are utilizing technology and embracing social responsibility, potentially leaving a lasting impact not only on their respective sectors but on the global landscape as well. …. Read More
Understanding Business Growth Through Generational Dynamics: Harnessing the Millennial Perspective
Millennials wield significant sway over market dynamics, necessitating brands to comprehend and leverage their influence for success. Jeff Fromm from FutureCast delves into the essence of the millennial mindset and offers insights on how companies can capitalize on it effectively. Who exactly are millennials? The definition varies depending on who you ask. According to statisticians, …. Read More
Financial Advice for Entrepreneurs and Small Business Owners
Small businesses play a vital role in our economy, representing a staggering 99.9 percent of all businesses in the U.S., totaling 30.7 million. However, a significant 82% of failed businesses attribute their downfall to cash flow issues, which can largely be prevented with sound financial planning. At Citizens Bank, we are committed to seeing small …. Read More
9 Tips for Effective Money Management to Maintain Your Small Business
Few things are as unwelcome to a business owner as being short on cash, yet it’s not uncommon for cash flow to slip out of control. If you find yourself struggling to maintain control over your small business finances, consider implementing the following money management strategies. What Does Financial Management Mean for Small Business Owners? …. Read More
Ten Helpful Strategies to Enhance Your Financial Management
Effective handling of finances is crucial for the survival and expansion of your business. It entails planning, organizing, controlling, and monitoring your financial assets to achieve your business goals. Adopting good money management practices will enable your business to utilize resources efficiently, meet commitments to stakeholders, gain a competitive edge, and prepare for long-term financial …. Read More
10 Tips for Handling Finances in Your Small Business
Running a successful small business often relies on your expertise in your product or service. However, managing finances, a critical aspect of business operation, might not be your forte. Lack of experience in financial management can pose challenges, but it’s essential for your business’s survival. Here’s how to develop responsible financial practices that steer your …. Read More
Just Do It! – How COVID-19 and the “New Normal” Teaches Us to Stop Procrastination
And so, there you are, locked down in a place you call home, with absolutely no plans for the coming days – for the first time in your life! No more setting off the alarm clock, no more homework to do, no more reports to prepare, and a lot more. Deep inside you are glad that finally, you can afford to spend time on that personal project you have been putting off most of your waking life, finally, you can start messing up your kitchen and learning how to cook, finally, you can dust off that dumbbell and start lifting weights at home. Three months have passed since we are put on community quarantine. Now, ask yourself, did you?
