How to Manage a Business Like a Professional? Skip to main content

How to Manage a Business Like a Professional?

Bad Outcome: How to turn a company's losses into profit margins

Knowing how to find a solution for doing business is unique. e-Life and Work shares some ABC tips to strengthen your business after the outbreak

ABC tips in 3 categories -

Human resources, finance and #TheSoRT

A. Human Resources

1. Work ethic - New normal with good behavior
2. Update standard operating procedures
3. Time management - Rearrange tasks and responsibilities
4. Focus on training and skills development

B. Finance

5. Controlling internal and external expenditure
6. Trends - Analytical skills used to assess trends and patterns
7. Target market – Know the target market, post- pandemic
8. Strategic planning - Determine which assets are most relevant to your business in the long run
9. Risk management – Risk sharing provides peace of mind as it protects health, assets and income

C. #TheSoRT

10. Name and logo - Create a new name and logo. Get professional services from industry experts 11.Systems: Software and hardware - built Software as a Service #SaaS to generate revenue and ease of use or represent staff learning new IT skills and obtaining professional certificates

And last but not least

12. Continuous Improvement - Organize and think about productivity every day

No matter how difficult, the lack of resources, stress and mental disturbance must be given attention. e-Life and Work is ready to share advice and provide you with solutions.

#createalogo #nextnormal  #ABCtips #SaaS

Read More:Program Overview as an AWS Cloud Architect

Comments

Popular posts from this blog

🔍 Inside the Valuation of a $1.9M Amazon FBA Business: What Buyers Need to Know

🔍 Inside the Valuation of a $1.9M Amazon FBA Business: What Buyers Need to Know Thinking of buying or selling an online business? Let’s dissect a real-world example that offers powerful insights. Recently, we reviewed the valuation of an Amazon FBA business in the health & wellness niche , specifically selling premium acupressure products . With solid financials and market positioning, this business offered a textbook example of how online brands are valued in today’s marketplace. Revenue (TTM) : $1.9 million Annual Net Profit : $482,254 Average Order Value (AOV) : $124 Business Age : 4 years Sales Channel : Primarily Amazon FBA 💡 What Made This Business Stand Out? 1. Strong Profit Margins With close to half a million in yearly profit, the business runs on an estimated 25% net margin — higher than average for physical product brands, especially those relying on Amazon FBA. 2. High Average Order Value At $124 AOV, ...

Digital Business M&A Is Evolving—Here’s How You Can Capitalize (Web Hosting & Digital Products Edition)

🚀 Digital Business M&A Is Evolving—Here’s How You Can Capitalize (Web Hosting & Digital Products Edition) If you're in the web hosting or digital product space—whether you're running a niche hosting service, selling plugins/themes, managing YouTube tutorials, or monetizing SaaS tools—then this update could change your next move. Flippa, the leading marketplace for buying and selling online businesses, has released a powerful new M&A report covering the latest 12 months of digital dealmaking activity. It’s packed with data and trends that can help you understand where the money’s flowing—and why . 👉 Read the full report on Flippa 👉 Join Flippa today to buy/sell with my referral link 🔍 What’s Hot in Online Business Sales (2024–2025) 💼 $100K+ Deals Are the New Normal Serious buyers are focusing on established businesses—especially those with recurring revenue like hosting services or subscription-based SaaS. If you’ve built ...

Digital Marketing & Business Skills: Advance Your Career | elifeandwork

Mastering the Modern Skills Landscape: Your Guide to Digital Marketing, Business Acumen, and Career Advancement I. Introduction: Navigating the Evolving World of Work The landscape of work is in constant flux. Technological advancements, globalization, and evolving consumer behaviors are reshaping industries and demanding a new set of skills. In this dynamic environment, staying stagnant is not an option. To thrive, individuals need to embrace continuous learning and cultivate a versatile skillset that bridges the gap between technical expertise and strategic thinking. "The only constant in life is change." - Heraclitus This timeless wisdom resonates deeply in today's professional world. This blog post serves as your compass, guiding you through the essential skills needed to not only navigate but excel in this evolving landscape. We'll explore the power of digi...