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How to Position Your Business for Sale: 6 Preemptive Exit Planning Strategies You Can Implement Today
One strategic imperative transcends the immediate plans for scaling a business: positioning the business to sell. Importantly, this goes beyond the misconception that exit planning is solely about exiting or selling the business. But here’s the truth: Exit planning isn’t solely reserved for those at the brink of depa[...]
Navigating the Impact of Tip Inflation: The Rise of Gratuity Expectations in Colorado and Beyond
For all my life, what with all of the various jobs I have had over the decades, for whatever reason I have never had a job where I received tips, or gratuities, as part of my income. I have been around tipping, of course, as I have had many friends over the years who were […]
Cyberattacks Are on the Rise, and That Includes Small Businesses. Here’s What You Need to Know
—NEW YORK (AP) — Cyberattacks on businesses are rising, including small businesses. It’s a troubling trend because a breach can be very costly and time-consuming if owners don’t have a plan to deal with one. According to the Verizon 2023 Data Breach Investigations Report, the median cost per ransomware attack —[...]
5 Essential Strategies to Enhance Digital Customer Experience for eCommerce Success
If you run an online store, you don’t have the face-to-face opportunity to engage your customers and sell products. Instead, you need to make transactions easy and frictionless. These five digital customer experience strategies will show you how. READ: Unlocking Brand Loyalty — Enhancing Customer Experience in the Digital Ag[...]
What You Need to Know About Bitcoin’s Latest ‘Halving’
The "miners" who chisel bitcoins out of complex mathematics are taking a 50% pay cut — effectively reducing new production of the world's largest cryptocurrency, again.
Metro State Unveils ‘Cannabis Hospitality’ Program
A new certificate program at Metropolitan State University of Denver aims to serve as a catalyst in reviving the state’s reputation as the “Silicon Valley of Cannabis.” READ: Weathering the Storm — How the Colorado Cannabis Industry Can Thrive Amidst Market Disruption MSU Denver will be the first higher-education institu[...]
Elevate Your Online Brand: How Social Media Marketing Can Boost eCommerce Sales
For eCommerce business owners, mounting competition in the virtual retail space makes it increasingly challenging to boost their online sales. Do you struggle when it comes to winning a new customer and retaining your existing ones? If so, you’re not alone. Forward-thinking entrepreneurs and digital marketers are already l[...]
What Do Stakeholders Really Want From Colorado Businesses? True Corporate Sustainability.
Coloradans care about the natural world and will support efforts to preserve the environment. This is exemplified by the recently passed state bill 23-016, which aims to cut economy-wide emissions by 65% by 2030 and 90% by 2045. However, Coloradan firms that want to embrace corporate sustainability will need to go beyond greenwa[...]
Survey: 37% of Professionals Save 5-10 Hours a Week Using Generative AI Tools
Contentful has released the findings from its inaugural Generative AI Professional Usage and Perception Survey, shedding light on the perceptions, attitudes and usage of generative AI among professionals globally.
Future-Proof Your Company: 5 Key Strategies for Business Success in 2024
The world and the economy never stop evolving, and in 2024, customers expect more than just great products. Recent studies show that over 70% of consumers want to buy from companies that align with their values, especially in health, sustainability and digital innovation. This shows us the importance of understanding what people[...]
Debt-Free Real Estate Investing: Is it Possible, and Should You Strive for It?
While most people buy investment properties with mortgages or other financing, there are plenty of perks to debt-free real estate investing, too. Investors who choose this route won’t typically grow their portfolios as quickly as those who use debt to buy properties. But in exchange, they’ll have the peace of mind of owning [...]
Mastering SEO: How to Build a Quality Backlink Profile and Boost Your Website’s Performance
Search engine optimization (SEO) is crucial for online business success. Building a quality backlink profile, which consists of inbound links from other websites, is a key factor in improving search engine rankings and driving organic traffic. The link between backlinks and SEO performance is well-established, with 55% of busi[...]
