Mistakes To Avoid When Running An E-Commerce Venture

Mistakes To Avoid When Running An E-Commerce Venture

Tackling the world of e-commerce in today's digital age is one of the best things an ambitious entrepreneur can do. Considering that most people are content to get everything they need from their homes, it's only natural to take the opportunity to offer products and services online. However, just because it is ideal to go for an online store does not mean there aren't any risks.

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An Introduction To LEI Numbers

An Introduction To LEI Numbers

The goal of Legal Entity Identifier (LEI) is to identify transactional parties in monetary institutions and define a legal entity on a worldwide scale, such as a corporation, organization, firm, government entity, trust, fund, etc. The Legal Entity Number can then be used to identify a Legal Entity in banking services and other scenarios that require verified organization IDs. Each LEI number is unique, however, and the searchable LEI database holds important info for each entity.

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Why Do So Many Boston Business Owners Use the Cloud?

Why Do So Many Boston Business Owners Use the Cloud?

A lot of business owners have turned to cloud computing solutions lately. That's because cloud computing fits perfectly with Boston's unique business needs. Boston business owners choose cloud computing for a lot of reasons, but some of those reasons stand out among the rest. Here are some of the most common ones.

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MCA, Credit Cards And Business Loans: Which One Should You Pick?

MCA, Credit Cards And Business Loans: Which One Should You Pick?

The most challenging phase of any business is usually the starting point. You haven’t got any paying customers yet, and you need money to fund the various segments of your business. There are multiple ways to finance a small business. The method to use depends on your financial needs, eligibility, preferred repayment terms, etc.

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What Is KYC And Why Is It Important?

What Is KYC And Why Is It Important?

KYC means Know Your Client, and it’s a vital series of checks that verifies that a client is who they say they are. Businesses initiate KYC processes during the onboarding phase and maintain them throughout the lifetime of the relationship.

With increasing globalization, financial crime and fraud are on the rise. Financial institutions are especially at risk – potentially facing fines, sanctions, and reputational damage if they are found to be dealing with clients involved in money laundering or financing terrorists.

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5 Signs It’s Time To Seek Alternative Business Financing Options

5 Signs It’s Time To Seek Alternative Business Financing Options

When you conduct this analysis, there are 5 important red flags you need to be aware of. These red flags can indicate that it is beneficial for the company to seek out alternative business financing options instead of relying on conventional business loans through the banking sector. Consider the following signs that an alternative funding option is likely to be preferable.

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How Using RFID Tracking Can Help Protect Your Shipments

How Using RFID Tracking Can Help Protect Your Shipments

There are a lot of ways to make your shipments safer and more protected. You also want to know where those shipments are, so you don't have to worry about them getting lost or going to the wrong place. One of the biggest problems with any shipment, though, is the damage the packages can sustain if they aren't handled properly. Goods can be dropped, tossed, and otherwise struck by impact meaning the shipment you receive can become unusable. Thankfully, there's a great way to combat that problem.

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Connecting Audiences: 5 Reasons Why Online Advertising Is Important

Connecting Audiences: 5 Reasons Why Online Advertising Is Important

The advances in technology have opened doors to new and unexplored possibilities. Doors that were unimaginable for people who lived fifty (50) years ago.

Ever since COVID-19 took over the entire world, the normal way of life has been disrupted. The virus has forced countless businesses to shift to online platforms to continue operating and stay ahead of the competition. Online advertising has brought many benefits.

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How Small Businesses Are Leveraging Ecommerce

How Small Businesses Are Leveraging Ecommerce

Online shopping is a service most people take for granted today, and yet for small businesses, it has been a real revelation; a tool that lets them connect with customers in new ways and grow their brand globally as well as locally.

Here is a look at the ways in which ecommerce is being leveraged by smaller companies, and the implications that this has on their future prospects.

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5 Must Have Components Of A Business Insurance

5 Must Have Components Of A Business Insurance

Starting a business can be daunting. The complexities and uncertainties that businesses face make it difficult to thrive in a world filled with both natural and man-made disasters. Even before hiring the first employee, business risks exist. And when your business is all set and everything begins to look rosy, a single lawsuit can creep in and wipe out all your business profit even before you start earning profit from the business.

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Corporate Social Responsibility And The Company’s Bottomline

Corporate Social Responsibility And The Company’s Bottomline

It may seem like an oxymoron to say that engaging in corporate social responsibility practices is good for a company and its bottom line. After all, philanthropic efforts are inherently meant to be “not for profit”, but rather an exercise in altruism.

Still, it is inevitable that there are direct and indirect financial implications of philanthropic acts on the company.

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