Getting Your Small Business Out of Debt

You know what they say, “you have to spend money to make money.” ‘They,’ apparently, have never been in serious business debt. While some business debt is good, there’s a point where even good debt turns bad. That point occurs when you can no longer afford to pay what you owe. If you have far surpassed that point and are now desperate to get back into good financial standing without declaring bankruptcy or selling your business (as the majority of SMB owners do), Oasis Consulting Group offers these tips for getting your business back on track today.

Make a New Small Business Budget

According to Bench, overwhelming debt is often just disorganized income. If you struggle with business debt but cannot identify where every dollar of profit is going, your debt-paydown solution may be as simple as restructuring your budget to optimize your income.

Look at your current numbers to see if there are any places you can cut back on spending. Is there money going out that doesn’t need to? Can you free up some money by reducing expenditures in other areas? You may be surprised to learn that your found money is enough to cover your payments each month.

Continue reading

Better Together: How to Improve Cross Collaboration Across Your Business

When it comes to business, you’re only as powerful as your people. And if you want to get the best out of them, it’s important to create a working environment that makes it easier for staff to pitch in and work together effectively – here’s how to get started.

Provide the Right Tools

For maximum cohesion, you need to make sure that you’re providing your employees with the right tools. The good news is that there’s a wealth of innovative software designed to help teams share files, communicate freely and better organize projects. It’s crucial that you utilize these options and encourage your team to connect to each other digitally.

As a supervisor, process mapping is an ideal aid for you and your team to keep track of each other’s progress on a particular project, helping you all to stay organized and improve efficiency. These tools are a key part of helping you to identify problem areas and ensure progress on an assignment.

Continue reading

How to Start a Business for Under $10,000

Think you can’t afford to start a business? Let these tips from Oasis Consulting Group change your mind.

More than half of small businesses launched during the pandemic started with less than $10,000 in funding. These entrepreneurs didn’t apply for bank loans or woo investors to fund their startups. Instead, the vast majority relied on personal funds and family and friends to get their businesses up and running.

How can so many businesses launch with such small budgets?

Continue reading

Surefire Ways to Attract More Guests to Your Hotel

Running a hotel can be tough, even if it is located in the popular Miami Beach area.  With dozens of different hotel options, building brand loyalty among guests and patrons can be very hard for even the most prestigious hotel.  The best way to build brand loyalty is to understand why your current guests frequent your location and to evaluate each and every aspect of your hotel.  Below are some other ideas and tips to bring more guests to your establishment and to create brand loyalty with your current guests.

Continue reading

How Social Media Can Help in Real Estate

The Team at Oasis Consulting Group has worked with many real estate agents in Miami Beach.  By utilizing their extensive knowledge and experience with social media and digital marketing, this consulting company has created a unique brand based around a combination of the generational trends all of the members of the team have learned, and the trial and error they have learned from their clients, and by implementing the basic principles they have come up with, Oasis Consulting Group has managed to gain an impressive selection of customers on a huge scale by implementing these basic principles.

Continue reading

Tips on Hotel Re-branding

The re-branding process is quite overwhelming if not done correctly.  The planning, strategizing, and marketing stages can be complex, but there are important to complete an effective and efficient re-branding campaign.  The most significant thing that hotel owners must remember is the campaign needs to include the associates running the hotel and communicate how the new hotel will make the guests and patrons feel.  Additionally re-branding the hotel is a wonderful way to rejuvenate sales and upgrade the way the hotel is seen.  So, here are some tips and ideas that can help to accurately re-brand a hotel for maximum results.

Continue reading

How to Maximize Hotel Profits

Hotels and restaurants are always looking for ways to maximize their profits, but it can be hard to sift through all the various idea and tips that are available.  If done correctly renovating the hotel or restaurant is a great way to increase profits.  If a hotel owner decides to undergo a renovation project, below are some things that should be kept in mind.

Continue reading

Brewing Up Success For Your Home-Based Business

Starting a home-based business is no small feat. It requires dedication, an excellent workspace, and a little bit of creativity. With the right mindset, you can launch a business directly from home and enjoy all of the benefits – flexibility, unlimited income potential – that go along with it. Here are some tips.

Know your limitations.

First things first, you have to know what you can and cannot do from home. Be realistic and transparent with your customers regarding the products and services that you can provide. For example, if you custom-make furniture, pay close attention to the time it takes to complete an individual piece. Then, make sure that when you do get started, you do not offer more than you can reasonably accomplish.

Continue reading