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What is Contingency Planning?

  • On November 16, 2023
In recent years, professionals across all industries have learned the importance of preparing for the unexpected. How can you plan for something that may or may not happen? That’s where contingency planning comes in. Floro Business Strategies explains this process and its purpose: What is Contingency Planning? A contingency plan is a prepared course of […]
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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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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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Executive Coaching: 4 Leadership Development Statistics You Should Know

  • On September 15, 2022
Building a strong team and organization begins with developing its leaders and their skills. Executive coaching allows business leaders to improve their communication skills, build resilience, and overcome challenges. Not convinced executive coaching is for you? The proof is in the pudding. Here are 4 leadership development statistics that may surprise you: 77% of organizations […]
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