Warren Ferster of Manchester's Business Blog

Using the 80/20 Rule in Business

Using the 80/20 Rule in Business

80% of an organizations' profit is generated by 20% of its consumers; this is the rule definition. Vilfredo Pareto, who was an Italian economist, introduced the rule in 1906. The article will analyze how the rule is applied. Know The Best Consumers An organization...

What Insurance Does My Small Business Need?

What Insurance Does My Small Business Need?

Insurance is an essential investment for small businesses. A plethora of insurance types exist, so it may seem complicated to figure out what a business needs and if it's worth the costs. Despite the challenges, certain insurances can be a major benefit in the...

Choosing the Ideal Business Partner

Choosing the Ideal Business Partner

Selecting the right business partner for your company is a crucial decision. Selecting the wrong partner to go in business with is a recipe for disaster. Running the risk of having the company fail before it ever takes off is something to consider when looking at...

Launching Your First E-Commerce Business

Launching Your First E-Commerce Business

Launching your first e-commerce business is exciting, overwhelming, and full of potential. That excitement can make it harder to know where to focus your time. Many entrepreneurs running online businesses end up starting several over the years, learning more about the...

How Embracing Workplace Diversity Actually Happens

How Embracing Workplace Diversity Actually Happens

Why are so many companies failing to embrace diversity in the workplace, even when they have policies meant to support it? What has to happen for diversity to be seen in practice in the workplace? And why is workplace diversity so important? These are big questions...

Creating a Five-Year Career Plan

Creating a Five-Year Career Plan

Every worker who is serious about succeeding in an industry should have a career plan. A lot of achievements can be made in a few years. It's beneficial for every professional to create a five-year career plan following these steps. Review Past and Current Successes...

Spring Cleaning Your Business

Spring Cleaning Your Business

Spring is here, and this is a great time to open the windows and get motivated to declutter your surroundings. Studies have shown that people are more productive when surrounded by a tidy, uncluttered environment. Most people only think about their homes, but there...

Companies Pivot Production to Combat Coronavirus

Companies Pivot Production to Combat Coronavirus

Around the world, companies have been utilizing their resources to produce necessary supplies for coronavirus. From hand sanitizer to masks to face guards to ventilators, supplies have been arriving from the most unlikely of sources, and this movement extends to the...