From 2013 to 2015, the global health and wellness industry, of which the day spa industry is an integral part, grew by 11% even as the world economy shrank by 3.5%. And growth has continued since then unabated, as concern for health, wellness, and beauty intensifies both in the U.S. and abroad.
No matter what the size of your business is, there is always some risk regarding product management, selling, and growth. While most people think, running a business is a fickle and nothing is truly set in stone, there are some possible ways through which you can identify and protect your business.
With the cost of payroll and when it comes to attracting and retaining staff, good office design and a well fitted and kitted out office have never been so important. When it comes to making the difference to the success or failure of your company, bespoke office design and furniture couldn’t be more important. The world’s leading businesses (think Apple, Google and Facebook) all understand this and spend a significant amount of time and money ensuring that their offices are designed and fitted out in a way that supports and enhances their company and working environment. It’s time to transform your office space and see what a few tweaks and alterations can do for the productivity of your company.
No matter how much you enjoy or love your job, I think we can agree that it’s always that little more fun to work away from your desk every now and again. If you’re seeking to make your working week a bit more exciting and want a break from the monotony of sitting in your usual office, it may be time to hold a business trip abroad. When it comes to business travel, there are some cities and places in the world that are better suited. When it comes to business, the USA is an easy contender for hosting a trip away due to the lack of language barrier and strong trade links. We have factored in all aspects of business travel, with everything from cost of travel to cultural opportunities (it doesn’t have to be all work and no play!) and have created a list of the best travel destinations in the USA.
If you see your company struggling with cash flow problems and you keep worrying about creditors chasing you for back logged payments then the thought of liquidation can be a very stressful and frightening one. All companies want to avoid liquidation and many business owners find it very distressing; not only is their financial worry to be concerned about, but also the staff at the business, as they are soon be redundant and without any money. This is why you need to prepare and have a good understanding in regards to the possibilities in the event of liquidation and the measures you can take to avoid this horrid situation. Never feel alone in these situations, there are various options in regards to helping you and your business. Winding up petition lawyers are there to help and they will support you as your company gets through all the debt ridden cobwebs and slowly write off those debts
If you’re a founder who has built a business you can be proud of, it makes for quite an interesting exercise looking back on how it all started out and what it has evolved into. There are so many different new aspects you learn to have to deal with as your start-up perhaps grows into a company that employs lots of people, employees being one of those dynamics.