20 Ways To Apply EQ To Strengthen A Family Business

Tough times often force entrepreneurs to consider making strategic budget cuts in order to sustain the business.

Republished from Forbes Business Council From the outside, running a business looks pretty great. You’re the boss. You set the rules. You build something of your own, and maybe even make good money doing it. That’s the dream we see on Instagram. But here’s what they don’t tell you. The Wins Feel Huge, and the…

What it means to be a great leader changes with the times. In the past, it may have meant someone who made innovative decisions, elevated the business’s profile and boosted profits throughout their tenure.

Advancements in artificial intelligence are rapidly transforming not only the ways in which we work, but the job market itself. As more businesses adopt and implement AI in the workplace, features like generative technologies and automation tools are poised to reduce starter roles for workers and permanently shift the conventional career ladder into new territory.

Outsourcing is no longer just a cost-saving tactic. It’s an over $400 billion industry that drives how companies build, expand and compete worldwide.

When a business is thriving, leaders often look to move into international markets. While expanding internationally can enable a business to access new customers, unlock unique opportunities and significantly grow revenue, it can quickly become difficult to maintain consistency on both the local and global levels.