No matter what type of business you run, you’re always going to have competition. In fact, competition seems to be increasing each year due to more and more start-ups appearing. With this comes an intense pressure for business owners to stay on top of their game. Part of this involves maximising productivity.
Read MoreIt seems rare that offices these days are expanding. On the contrary, most offices are becoming smaller and smaller due to the impact of the Covid-19 pandemic on businesses.
Read MoreSo, you've found yourself in a design rut with your bar and you're not sure how to get out of it. The same old color palette, the same old fixtures, and the same old décor elements greet customers and employees each day as they come inside the restaurant.
Read MoreTackling 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.
Read MoreYou rely on your employees to perform tasks that affect your bottom line – the truth is, no company can afford a seasonal cold or flu taking out the entire office.
Consider hiring a commercial cleaning company – here are five good reasons why.
Read MoreThe 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.
Read MoreA 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.
Read MoreHaving access to such data can help you improve your business in multiple ways. Read on for some handy tips you can follow to incorporate big data more often and more effectively into your eCommerce operations.
Read MoreHere’s a list of some of the biggest mistakes businesses typically make when expanding internationally. Understanding these mistakes can help you avoid them when working to expand your business into new international markets.
Read MoreBut why is safety signage so important for businesses? What are the legal requirements? And why shouldn’t you overlook it for your business?
Read MoreThe 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.
Read MoreKYC 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.
Read MoreIf you need some extra help with your marketing efforts, here are some tips on reaching out and hopefully connecting with your local audience.
Read MoreWhen 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.
Read MoreThere 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.
Read MoreThe 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.
Read MoreOnline 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.
Read MoreStarting 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.
Read MoreIt 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.
Read MoreThis business analyst blog contains practical insights into business analysis, software testing and business process management. I will be sharing business analyst tips, CBAP Certification tips, lessons learnt and insights into all the things I've learnt during my BA career.
