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3 Tips for Improving Your Supplier-Distributor Relationship in 2024

  • On January 18, 2024
Developing a strong relationship with your distributors is critical to sustaining operations. Strengthen your supplier-distributor relationship and generate more revenue in 2024 with these helpful tips: Communicate regularly With any business relationship, communication is key. The best way to maintain and nurture your supplier-distributor relationships is to communicate regularly. Make an effort to meet with […]
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4 Reasons to Hire a Business Consultant

  • On August 31, 2023
Your business doesn’t have to be suffering for you to benefit from the insights of a business consultant. Whether business is growing, declining, or plateauing, business consultants can provide the outside perspectives your teams need to initiate change and work toward organizational success. Here are a few reasons to hire a business consultant:  Provides additional […]
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Strategic Planning: Creating S.M.A.R.T. Goals

  • On July 6, 2023
Setting short-term and long-term business goals is a key component of strategic planning. For long-term success, your goals should be “S.M.A.R.T.”: specific, measurable, achievable, relevant, and time-bound. Floro Business Strategies breaks down these elements and how they relate to strategic planning: Specific When planning for the future, your goals should be specific. You will not […]
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3 Tips for Being a Better Leader

  • On June 8, 2023
The key to developing a great team and achieving organizational success is strong leadership. When leadership is lacking, communication is strained, productivity is down, and morale suffers. Avoid these challenges with 3 tips for being a better leader: Prioritize growth and development Strong leaders are growth-oriented. They recognize that there’s always room for improvement. Leaders […]
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3 Tips for Weathering Inflation in 2023

  • On May 18, 2023
Business owners and consumers alike are feeling the effects of inflation in 2023. With prices on the rise, some struggle to remain afloat. Here are 3 tips for weathering inflation as a business owner: Track your spending Most businesses have their own processes for tracking spending, but this is especially important during an inflationary period. […]
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Succession Planning: Qualities of a Strong Successor

  • On March 2, 2023
Succession planning is an important part of transitioning existing leaders and preparing the next generation of leaders. Secure the future of your company by identifying strong successors. Here are a few qualities of a strong successor: Future-oriented With the future of the company in their hands, leaders must have vision — they must have an […]
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Business Initiatives to Prioritize in 2023

  • On February 8, 2023
To see business growth in 2023, you must focus on improving strategy, company culture, and employee engagement. Floro Business Strategies has compiled a list of business initiatives for each of these categories: Strategy Strategic initiatives relate to how an organization aims to accomplish their short-term and long-term goals. Executives are constantly searching for ways to […]
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Why Are Leaders Losing Their Entrepreneurial Spirit?

  • On January 19, 2023
With the hustle and bustle of day-to-day operations, business leaders often fall into a rut, losing that spark of what motivated them to start and grow their businesses to begin with. Why does this happen and how do leaders find their entrepreneurial spirit again? Their passion becomes nothing more than a “job” Entrepreneurs are driven […]
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