The Best Tech-Related Tasks for Outsourcing

The Best Tech-Related Tasks for Outsourcing

As a small business owner, you may want to consider taking advantage of outsourcing to help expand your reach. But what exactly should you outsource? Below, Portfolio Management Group discusses helpful tech-related tasks that can help your small business thrive, and which business formation structure is most suitable to you. Helpful Software You Could Use […]

4 Strategies Immigrants Can Use to Start a Successful Business

4 Strategies Immigrants Can Use to Start a Successful Business

Starting a business in a new country can often be risky, stressful, and even dangerous, yet a 2019 survey showed that immigrants make up almost 22% of the entrepreneurial population in the U.S. While the reasons for starting a business in an unfamiliar setting are varied, there’s no denying that the outcome has been successful[…..]

Boosting Employee Engagement While Incorporating Digital Technology

Boosting Employee Engagement While Incorporating Digital Technology

As businesses incorporate an ever-increasing number of digital technologies into their day-to-day operations, some employees may feel less essential when some of their tasks are being taken over by machines. That feeling leads to decreased engagement and a more apathetic workforce. So how can you boost employee engagement while implementing new digital solutions to help[…..]

Checklist-for-Buying-a-Website

10-Point Checklist for Buying a Website

Buying an established website can save time and money and provide a fast return on investment.                                                                   -An article presentation from Portfolio Management Group[…..]

time-to-sell-your-business

Time to Sell Your Business? Here’s 4 Signs

Does your business no longer feel like the “baby” it once did? Perhaps it’s grown so much that you’ve decided to hand it off to someone better suited to handle the intricacies of a larger corporation, or maybe you just got a great offer. You might even want to sell it in order to retire.[…..]

Best Cities To Visit and Live as a Solopreneur in 2022

Best Cities To Visit and Live as a Solopreneur in 2022

Are you working as a solopreneur or gig-economy freelancer? With the right business, you could potentially work from anywhere. Whether you want to travel around or resettle in a new location, 2022 could be the year for new places and new adventures. Today, Portfolio Management Group offers the following suggestions on where you could visit[…..]

Professional Accounting Services May Be Just What Your Business Needs

Professional Accounting Services May Be Just What Your Business Needs

There are few jobs more rewarding—and more challenging—than running your own business. Seeing your idea blossom from its inception is an incredible experience. However, sometimes you encounter roadblocks along the way that stop your company from reaching its fullest potential. Oftentimes, these roadblocks come down to—or could be avoided if not for—poor financial management. That’s[…..]

EXPANDING YOUR BUSINESS THE HEALTHY WAY

Expanding Your Business the Healthy Way

Healthy companies tend to grow with time. Your small business may be thriving until your customer base reaches a point where you need to expand. That’s a good thing—as long as you do it strategically. Many factors play into a successful expansion, and you don’t want to drop the ball halfway through your big transition.[…..]

6 Simple Steps for Getting Your Business Back in the Game

6 Simple Steps for Getting Your Business Back in the Game

Setbacks in your business can be scary but don’t let them crush your entrepreneurial dreams for good. Instead, reassess and regroup making strategic moves toward the future you desire. Consider this list of steps from Portfolio Management Group for getting you and your business back on the path to success. Know Your Strengths When starting[…..]

Business Expenses Entrepreneurs Commonly Overlook

Business Expenses Entrepreneurs Commonly Overlook

As a new entrepreneur, it’s easy to become overcome with excitement for the future. While being optimistic about your business idea is a good thing, letting it cloud you from the realities of the undertaking isn’t. Accidentally overlooking business expenses that typically come with launching a venture can be catastrophic, potentially causing your business to[…..]

Looking To Hire for Your Small Business? Learn How To Recruit Immigrants

Many small business owners in America underestimate the power of the immigrant workforce. Immigrants have already made sacrifices to move to another country, often with the sole goal of making a better life for themselves and their families. This makes them adaptable, motivated, and hard-working. Plus, contrary to popular belief, research shows that immigrant workers[…..]

New year, new business Mistakes to avoid when starting a business

New year, new business: Mistakes to avoid when starting a business

Portfolio Management Group 2022 is the year you’re finally going to fulfill your dream of launching your own business or proactively growing the one you already have. It’s an exciting time, full of promise and possibilities. Unfortunately, there are also some pitfalls. The U.S. Bureau of Labor Statistics reports that approximately 20 percent of new businesses fail[…..]

The Top Ways to Maximize Your Small Business Cash Flow

The Top Ways to Maximize Your Small Business Cash Flow

No matter what industry your business is in, cash is important. Having sufficient cash on hand to cover your expenses is essential. To ensure this, you will likely want to improve your cash flow. There are many factors that can impact cash flow, thus there are many ways to enhance it. The following suggestions from[…..]

Essential practices for safe customer meetings

Essential practices for safe customer meetings

While we are all sick of hearing about Covid and its variants, we must accept that Covid 19 has changed the professional landscape. Any business that is customer-facing needs to create long-term strategies for customer and employee contact. Your business should comply with all legalities before allowing anyone onto the premises, even if you work[…..]

7 Non-Monetary Perks That Employees Love

7 Non-Monetary Perks That Employees Love

Are you wondering how your company can attract and retain talent without spending a fortune? Employee benefits don’t have to be monetary to be valuable. When you’re looking for cost-effective ways to cultivate loyalty, think outside the box. These creative employee perks and incentives make your company a great place to work without burdening your[…..]

The Pitfalls of Staying On After You Sell

The Pitfalls of Staying On After You Sell

If you won a Harley Davidson, what would you do with it? Craig Daley sold it–and started a new life. Committed to the new ideas he had for a traditional market, Craig’s first foray into direct mail marketing was funded by that motorbike sale–much to his huge success. Believing in the power of looking at[…..]

How to Move on From Business Failure and Foster Future Success

How to Move on From Business Failure and Foster Future Success

– by guest author Derek Goodman of Inbizability. Photo credit: Unsplash Entrepreneurship is a career founded on passion and risk-taking. Unfortunately, this means that sometimes the business you believed in still didn’t take off. Seeing a cherished idea fail can be challenging, but it doesn’t have to be the end of your entrepreneurial career. The important[…..]

Getting your Business Out of Debt

Getting your Business Out of Debt

-by guest author Brittany Fisher Photo by Monstera from Pexels When managed carefully, debt is a powerful way to raise capital. Governments and large corporations borrow money all the time to finance growth and expansion. You can also take a line of credit or a business loan to help your small business meet some financial[…..]

Ask for Help

When is it Time for a Small Business Owner to Ask for Help?

Small businesses are among the hardest hit during the COVID-19 pandemic. While this is not necessarily a positive thing, something good came out of this – many small business improvement consulting services started supporting these struggling companies by giving their expert advice for free. For instance, a question was raised on Twitter recently about tips[…..]

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Top 5 Questions to Ask Before Buying a Business

Some people opt to purchase an existing business, allowing them to avoid the challenges of the startup period. There are a lot of advantages to buying a business instead of building a new one. However, there are also certain risks involved. Asking the right questions is an important step when you’re considering acquiring a business.[…..]

Freelancing in America

Sixth annual “Freelancing in America” study finds that more people than ever see freelancing as a long-term career path

Freelancing income totals almost $1 trillion — or nearly 5% of GDP — more than major industries like construction NEW YORK and SANTA CLARA, Calif. – October 3, 2019 – Upwork ($UPWK) and Freelancers Union today released the results of “Freelancing in America: 2019” (FIA), the most comprehensive measure of the U.S. independent workforce. The sixth annual study, which[…..]

Human Resources Mistakes that could Land You in Court

12 Human Resources Mistakes that could Land You in Court

– adaption from The HR Specialist, Business Management Daily, March 4, 2019 It doesn’t take much to trigger a lawsuit. Even the simplest management mistake could send an employee off to see a lawyer. And whether you win or lose a suit, you’re out time and money. 1. Sloppy documentation. Most discrimination cases aren’t won[…..]

mistakes

How Small Businesses Can Recover from Big Mistakes

Operating a Small business consultant can be an immensely rewarding experience, both personally and financially. However, there is always the risk of making mistakes that can impact your bottom line or even tarnish the reputation of your business.Below are some strategies (from US small business consulting firms) that every entrepreneur should know in order to push[…..]

interim ceo

Part 3 of 3: Where to Look for & What to Ask an Interim CEO

In the previous two parts of this series, we’ve discussed the benefits of outsourcing in times of need at your company and how it can provide stability. As an often-underutilized resource, interim executives for portfolio companies and CEO’s should be used in ways that further your company’s goals. In our final part, we will discuss where[…..]

Growing Your Small Business

The Future of Outsourcing: The Largest Economic Transformation Ever

The third wave of outsourcing will expand economic opportunity across the globe and totally change the nature of work. Since World War II, trade and technology have been expanding rapidly. Increased technology has led to increased trade, which spurs increases in technology and contributes to a constant fear of outsourcing. As technology progressed in the[…..]

Business Plan Consultant in USA

Confronting Poor Performers: 6 Tips for Managers

Author: Craig Daley Principal, Portfolio Management Group No manager enjoys having “the talk” with employees. But ignoring an employee’s poor performance won’t make the problem go away; it’ll only make things worse. Companies that tolerate poor performance will drive away top performers who are unhappy working in such an environment. The solution: Approach workers about[…..]

Interim Management

Interim Management: A novel route to Talent Acquisition

Interim management is a new-age solution to help you meet talent needs in todays dynamic business environments. The business environment today is highly uncertain. Sudden exits at middle and senior management, unpredicted ramp-ups to meet growth, and special skill requirements for a temporary period are raging realities. The talent acquisition strategy must mould itself to[…..]

Investment and Portfolio Management in USA

Naughty or Nice, You Need a Budget for a Happy New Year

If you own a small business, the end of the year may not be all sugar plums and lollipops if you’re not planning properly for 2019. Financial tension is an experience that a lot of small businesses go through, mostly in the first few years of their inception. You must have heard about the housing[…..]