Archives

Top 4 reasons businesses fail

By Firstbase Business Services


Thousands of businesses enter and exit the marketplace annually. On average, 99,000 new small businesses are created in Canada each year. Studies have shown that over 50% of small businesses will fail within the first five years. Below is a list of the four most common reasons for business failure: Failure to understand your market…

Read More »


The Three Practices of Successful Private Companies

By Firstbase Business Services


A study by KPMG and Forbes Insights found that 58% of private businesses are poised for revenue growth of 6% or more over the coming year. Many private companies, big or small, should be able to apply the following practices to their companies to help them grow. Develop an Objective Having a mission provides employees…

Read More »


Seven Common Sales Mistakes

By Firstbase Business Services


Selling is far from easy, and few are very good at it. Selling requires skills that many fail to put into action, such as: 1. Undisciplined leads process – The sales team is focused on incoming leads rather than spending time proactively making calls to prospective customers. In addition, the sales team fails to organize…

Read More »