Knowing exactly what your costs are makes it simpler to make the right financial decisions and ensure your business venture is profitable. Here are a few suggestions that can help you keep your overheads low, if your business is located in the UK.
Read MoreNone of us want to be constantly under the watchful eye of our employers, so if you have an idea you can turn into a successful business venture, it’s important you’re well prepared before launching your business.
Read MoreWhile there are many budding entrepreneurs, relatively few understand the value of market research. Many may wave it off as “pointless” or “too expensive”, especially during the early phases of business growth. The fact is, however, that budding startups have the most to gain from devoting time to conducting market research. Here are a few reasons to conduct some market research, way before you even open your door for business.
Read MoreAn excellent product coupled with powerful marketing can certainly make your business successful. However, if you want to retain that success, it’s imperative that you also focus on providing top-notch support to your customers, offering competitive prices, and of course, spreading brand awareness.
Read MoreIn the business world, embarking on a venture like launching a new business entails figuring out if there’s even a need or demand for the product or service you’re selling; checking out your local area to identify a business location; and checking out who your competitors are as well as figuring out how you can set yourself apart from them.
Read MoreIf you've been in business for long, you clearly understand how important cash and cash flow is to the health and viability of your business. Having a positive cash flow injected into your business is necessary for viability. This implies that you don’t have to rely on the sale of assets or financing to fund your operations or growth.
Read MoreBusinesses that use open-source intelligence have an advantage.
So, what exactly is open source intelligence (OSINT)?
Read MoreIf you feel your business has peaked and gone stagnant at its physical location, the next possible step might be to take it to the digital front. e-commerce has boomed over the past few years and customers are now spending more of their time and money online rather than going to brick-and-mortar stores.
Read MoreSecurity is one of the biggest concerns of modern businesses; one breach can have a significant impact on a business. A person can either access business assets physically or via the internet. It is essential to keep both pathways secure.
Read MoreEmployee benefits are perks offered by an employer either voluntarily or mandated by law. Many small business owners mistakenly believe they cannot afford to offer their employees benefits. While this strategy might boost your bottom line in the short term, it can hamper your long-term prosperity.
Read MoreThis article highlights four tips for conducting market research that you should consider before delving into e-commerce.
Read MoreNot everyone can say they have had perfect finances through every stage of their lives. Seeing as financial literacy isn’t something that’s taught in schools, most people don’t have any idea how to maintain healthy finances.
Read MoreSocial media is a valuable tool for e-commerce businesses. It is not without its dangers, but when used correctly and managed well, it can be an incredibly useful resource for marketing. In a consumer-powered age, having a Facebook or Twitter account is now considered a vital component of all business management, and for e-commerce brands, it is even more crucial.
Read MoreLet’s imagine you own a stock of a certain company A and hear that it is buying another company B. As someone who has their money invested in company A, it is natural for you to analyze whether the new venture will be beneficial for you or not. Alternatively, if you are buying a business yourself, you need to carefully analyze the potential risks and rewards linked to it.
Read MoreA budget analysis is also known as a cash flow analysis and is the summary of how money flows in and out of a business. This essential activity can influence whether you stay in business or close shop.
Read MoreIn this guide, we’re going to talk about eight tried-and-tested tools e-Commerce business owners can use to grow their businesses.
Read MoreThere are lots of avenues for spreading the word about your business with technology and social media, but nothing can quite compare to good old-fashioned face-to-face interactions.
Read MoreChange management is a complex topic in closed societies. It is often intertwined with culture and politics, and borders on taboo, at times. It is however, necessary to broach the subject to bring about greater inclusiveness in the economy and more opportunity for women and the youth.
Read MoreThere is no doubt that there is a lot of valuable time, extensive work and operational planning that goes into exploring and carefully mapping out the successful launch of a startup marketing agency, from setting key goals, forecasting sales and potential profits to knowing and selecting the right market.
Read MoreThe year 2019 has been a wonderful year for email marketing. Automation remains one of the popular email marketing trends, but there are also a few new trends that deserve to be in the spotlight. These trends might just be what we marketers need to prepare for when developing our email campaigns for an evolving customer base.
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.
