Milos Timotic

Resources

Interesting Business Automation Statistics You Should Know

Automating repetitive tasks can do much good for you and your business. Automation technology can save you lots of time and energy. That means that you can achieve more in less time. Besides, because you don't have these mind-numbing jobs, you can focus on more important things.

Milos Timotic / March 30, 2023

Mentorship programs

Mentoring Guidelines to Know Before Helping Mentees

So you want to be a mentor. You've put in the effort and you've found a mentee, but you don't know where to start. What's involved in teaching? It is much more than babbling, and mentors often need to learn the steps first, before taking on their first mentee.

Milos Timotic / March 29, 2023

Resources

The Best Marketing Automation Software for Small Businesses

All businesses could benefit from automation, and small businesses are no different. Marketing automation tools can be especially useful for small businesses, as they can both save you precious time and help you scale. But, apart from big business, choosing marketing automation software for small businesses may be difficult.

Milos Timotic / March 27, 2023

Resources

Business Automation Benefits that You Shouldn’t Overlook

More and more, automation is infiltrating all lines of work. Companies have applied the latest developments in technology with much success. Right now, most industries rely on automated processes to thrive.

Milos Timotic / March 27, 2023

For Service Businesses

How to Value a Service Business Properly

How to value a service business is an important skill. Knowing the value of your business is vital when you want to buy, sell, or pass the business on to a family member. You can do a business valuation in different ways, and there is no single right way. However, at the same time, you […]

Milos Timotic / March 26, 2023

Resources

How to Automate Business Processes Successfully

The automation of business processes can be one of (if not the) most influential choices a company can make. It's one of the factors that promote the exponential growth of organizations and gives them the tools to manage that growth.

Milos Timotic / March 25, 2023

Mentorship programs

The Benefits of a Mentoring Program and How to Maximize Its Efficiency

The goal of most mentoring programs is to bring experience and young talent together. A fruitful mentoring program results in the interchange of experience and new ideas. If your organization does not yet have a mentorship program, this would be the time to think about one. This article discusses the various benefits of a mentoring […]

Milos Timotic / March 24, 2023

Mentorship programs

How to Have a Successful Mentoring Relationship With Your Mentees

It is an honor if someone asks you to be their mentor. At the same time, it can be overwhelming and intimidating. These feelings are even stronger if you have never mentored someone. You may wonder whether you have the qualifications for a successful mentoring program. But keep in mind that all beginnings are small, […]

Milos Timotic / March 22, 2023

For Service Businesses

Service Businesses Examples to Inspire You to Start One

You’ve thought about setting up a business, but you have no working capital or enough startup funds in the bank. You should consider starting a service business. New entrepreneurs tend to be drawn to service business ideas, as they’re more straightforward to establish than product-oriented businesses. Virtually every industry consists of service-based businesses (which can […]

Milos Timotic / March 21, 2023

For Service Businesses

How to Sell a Service Business for the Desired Price

You established a business selling services. It did well and amassed a loyal client base, but now you're planning to sell. Maybe you're looking to invest in a new venture and need to boost your capital, or you're wanting to grow professionally in a different direction. Perhaps you just want to retire; the reasons could […]

Milos Timotic / March 21, 2023

For Service Businesses

Service Business Vs Product Business: What’s the Difference?

The quick answer is that businesses selling physical or tangible items are product-based, whereas businesses that sell non-tangible products such as services are service-based businesses. The problem with this definition is that it barely touches the surface of the differences between the two. They have debated service business vs product business for years. It’s important […]

Milos Timotic / March 19, 2023

Mentorship programs

The Most Useful Mentoring Agreement Templates and Examples

A mentoring relationship is hard to build and maintain. Both the mentor and mentee have packed schedules incuding personal projects, work, and self-development paths. This brings up a question: how to make mentoring work? How to foster efficient mentoring relationships when we have so little time on our hands? A mentoring agreement helps answer those […]

Milos Timotic / March 17, 2023