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While business challenges can be overwhelming, making changes to current proccesses helps build leadership resiliency.  Every business deals with both highs and lows. The ability to overcome trying and difficult times boils down to the processes leaders have developed to address challenges.  Whether leaders are navigating an uncertain industry or internal changes, these processes build resilient leaders and long-lasting organizations over time. To share further insights, 13 Newsweek Expert Forum members recommend actions a leader can take to become more resilient, thus strengthening their leadership and their organization as a whole.

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When choosing a technology solution for your SME, it's important to understand the business value you'll be getting for your money. Technology can certainly be an investment, especially for small- and mid-sized enterprises (SMEs). Many programs cost a lot of money upfront and may not end up serving the needs your business has. That's why it's so important to carefully choose which technologies your business invests in. This often entails doing some market research and understanding exactly how a tech tool might be able to solve your business needs. Below, 15 Newsweek Expert Forum members shared their insights to help SMEs optimize their technological investments. 

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As we now face a new, exciting chapter of the internet in the “Metaverse,” we also face other opportunities for cyberattacks on our personal information and corporate data.

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Taking the time to conduct due diligence before partnering with another business can save both time and money. A collaboration between entrepreneurs has the potential to significantly drive business growth by exposing both parties to new audiences and new opportunities. However, entrepreneurs must proceed with caution before agreeing to or signing anything. Every potential partnership may look good in theory, but the reality of combining forces may not match up to expectations if proper due diligence is not conducted beforehand. Asking key questions before signing on the dotted line can save both entrepreneurs time and money in the event that the partnership doesn’t work out as planned. To help, a panel of Newsweek Expert Forum members each share one question business owners should consider before setting up a new partnership.

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A commitment to authenticity and open communication can help you build relationships that last long term. In business, establishing an authentic relationship with each and every person you meet is critical to building a professional network that helps you meet with the right people and source new opportunities. Building these kinds of connections with new people, such as clients or coworkers, doesn’t even require a lot of effort; in fact, being yourself and genuinely asking how you can help can go a long way in building a long-lasting relationship. To help professionals interested in cultivating business relationships, 13 Newsweek Expert Forum members share recommendations on how to best build rapport with a new client or colleague.

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Entrepreneurial lessons are learned every single day, but some have a greater effect on the future of your business than others. Every new opportunity, challenge and experience in the business world is a potential lesson for an entrepreneur. Some circumstances can teach useful tidbits that a business owner can pull out of their proverbial back pocket when needed. Others have a much more tangible effect and change the course of a founder's entrepreneurial future. A panel of Newsweek Expert Forum members reflected on their own entrepreneurial journeys and the biggest lessons they've learned along the way. Below, 13 of them shared a lesson that has made a huge impact on their business in the long run and how they've applied it to their strategy for success.

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As more companies fall victim to breaches and as the world continues to become more digital than ever, there is no excuse for businesses to turn a blind eye to this revolutionary security innovation.

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With new IT policies and processes in place, companies won’t be returning to the pre-pandemic status quo.

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Investing more time into nonbusiness critical endeavors can positively impact an entrepreneur's skills and business. Pursuing professional development has always been a valuable practice for continuously growing and developing business skills. Despite the benefits, however, some entrepreneurs are still reluctant to take steps toward investing in their own development. For them, any time and effort not spent on business-critical tasks may be seen as unimportant when compared to work that directly impacts and drives business.  However, entrepreneurs need to rethink their current beliefs about professional development if they are truly interested in growing their businesses and enhancing their own skills for future success. To help, 15 members of Newsweek Expert Forum shared recommendations on how entrepreneurs can take action and start investing in their own professional development.

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A business's culture directly influences relationships within the workplace. The work culture of a business has a direct impact on the ability of the organization to last long term. Besides the benefits on the business side, a positive work environment enhances the relationship between leaders and current and prospective employees, leading to increased retention and employee loyalty. However, the challenge comes with building and preserving this kind of company culture. To help, a panel of Newsweek Expert Forum members shared their recommendations for how business leaders can build and maintain a positive work culture.

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When a business is growing, leaders must be careful not to do too much too fast to keep the budget in check. Expenses that are not kept in check can impact a business’s operations and the procedures in place that keep things running smoothly. Business growth can do wonders for increasing the reach of an organization, but leaders must be careful not to do too much too fast. One wrong decision can easily strain a limited budget. With growing expenses, it’s important to have a strategy for managing the budget and planning for future financial changes ahead. Below, the members of Newsweek Expert Forum shared advice on how business leaders can save money and stay lean as their business grows.

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Making customers happy doesn't have to require a lot of resources and effort; the simplest strategies can sometimes be the best. A business's customer experience is an important indicator of its overall success. Your customers are the cornerstone of your company, and they should be treated as such. If they aren't satisfied with their experience, they'll likely take their business elsewhere. Thankfully, you don't have to break the bank or hire tons of customer service reps to appease your customers. Below, 12 members of Newsweek Expert Forum shared some low-effort but effective strategies for improving your customer experience.

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Search engine optimization is critical for any business that wants to be found online—and it doesn't have to be expensive to address it. In today’s digital age, putting effort into search engine optimization (SEO) is necessary to help your company stand out online. Improving your SEO boosts the organic traffic on your website, rather than relying on paid searches. Your rankings increase and your website becomes more visible on search engines, making people more likely to visit your website.  Effective SEO requires a clear, well-thought-out strategy to reach your target audience, but it doesn't have to be an expensive endeavor. Below, 10 Newsweek Expert Forum members provided their top tips for ramping up a company’s SEO without the big cost.