Signs of a business crisis and actions to overcome it

1. Introduction

A business crisis could hit any business anytime. Nowadays you often hear that the number of the insolvencies is rising. Which reasons ever led to insolvency, it nevertheless, destroys workplaces and values which the companies have built.

Added to the destruction of values and workplaces, personal tragedies of the present owners and employees are also worth to mention.

That's why every business owner should recognize a businesses crisis as early as possible, to be able to master them well.

And the size of a business does not make the possibility of a crisis go away. No, in fact we have seen even big companies going down the tube.

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Posted by Stephan Szugat in Management

4 Things You Need To Manage Your Business

When you manage your business it might seem to be more than four things you need. Well, it depends on your focus.

Yes, there is always lot's to do in a business. And we all might have days where we feel we didn't moved to much.

That's why focus is so important. However, this article isn't about focus. It's about the things you need to manage your business.

There are just four things that will help you to focus and manage your business at once.

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Posted by Stephan Szugat in Management

Information Overload – How to deal with it?

Today the stream of information seems to be endless, thus information overload is a real thing. Magazines, journals, memos, emails, web sites, smartphone apps and a lot more, provide us with more data than any person is able to handle.

Furthermore, information presented to us while taking part at meetings and other events will join the already obtained information from the above mentioned sources.

Information overload is a very real concern for today's business people, but also for everyone else too.

A very comprehensive explanation of Information Overload could be found at Wikipedia.

We must possess skills that allow us to process huge amounts of data. Consider the following methods as an option to bring the information flowing to you under your control again.

1. Have a structure for the information you like to store

Without a structure you will lose overview about which information is stored where. A good solution for the beginning is a structure of your own knowledge and information requirements.

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Posted by Stephan Szugat in Communication, Productivity
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