by Royer Advisors | Dec 11, 2024 | Business Plans
Many existing businesses pivoted from their regular operations into a different enterprises during the COVID-19 pandemic. For example, a distributor of consumer goods may have shifted into medical supplies to help fill a void. Interestingly, some businesses that moved...
by Royer Advisors | Dec 11, 2024 | Business Plans
Are your company’s supervisors current on the latest and most effective management strategies? Do IT staffers have the most advanced knowledge about cybersecurity and network administration? If your workers could use upgraded skills and fresh, professional...
by Royer Advisors | Dec 11, 2024 | Business Plans, Fraud Prevention
When criminals steal an individual’s identity, the victim can take steps to minimize potential damage by, for example, notifying credit agencies and freezing bank accounts. But what happens if cybercriminals steal a company’s identity and use it to engage...
by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning
In today’s tight labor market, small businesses — including restaurants, delivery services, retail stores, and manufacturers — struggle to hire and retain top-quality staff. The conditions are likely to worsen in many sectors as demand ramps up during the summer...
by Royer Advisors | Dec 11, 2024 | Business Plans, Financial Planning
A price increase is sometimes unavoidable — and now might be one of those times as many businesses are dealing with cost increases, supply chain bottlenecks, and labor shortages. The key to implementing a price hike with minimal loss of customers is timing. It’s...
by Royer Advisors | Dec 11, 2024 | Business Plans
Have your customers been complaining about such issues as service disruptions, back-ordered products, unreturned phone calls, curtailed business hours, and unexpected price increases? Thanks to labor shortages, rising costs, and supply chain disruptions for many...
