The Latest Business Trends for 2016

Business men and women analyze the latest business trends of 2016.2016 has only just begun, and already there are solid predictions and observations about the latest business trends. Whether you’ve recently invested in your first startup business or have an interest in increasing the revenue of your existing business, understanding the latest business trends can help you stay competitive in your industry. The following observations on the latest business trends have been gathered by business professionals across the board:

  • Connecting Customers – We have entered into a Connecting Economy, which values the building of relationships over the development of assets. This is because customers and clients desire something beyond the initial sale of goods or services; they want lasting interaction and support. Companies should consider how they can connect buyer to seller or customer to content.
  • Mentoring and Engaging with Remote Employees – Telecommuting is gaining in popularity but has its challenges. Many employers overlook or undervalue training at a distance, when the opposite should be true. Invest in electronic tools that teach and monitor progress with the company, regardless of physical location. This will open your doors to more of the best and brightest in the industry.
  • Fostering Strength-Based Leadership – Annual employee reviews often focus on weaknesses and how to improve on performance. Instead, reorganize around each employee’s strengths. We are most engaged and efficient with tasks for which we have a passion and proficiency. By extension, the company will become more productive and innovative.
  • Focusing on Results, Not Solutions – High customer satisfaction stems from more than a generalized solution to problems and complaints. In fact, the best feedback has to do with treating each client or customer as an individual, who needs a specific result in addition to the more general solution.
  • Integrating Content Marketing – The top businesses in an industry are seen as the best teachers for that industry and an important factor in customer decisions is impartial research. Find a way to provide that impartial research, even if it means being honest about whether your business is a leader in the industry or not. That way, customers will trust you when you explain the ways in which you are or are becoming the best and why.

How many of these latest business trends are you already practicing? Remember that it’s a new year with new opportunities. If you’d like to refocus your efforts into a new business, allow the Sunbelt Network to help you sell your business and guide you to a new solid investment. Then, utilize the knowledge of these latest business trends to find new success!

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