Here’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 MoreMaster’s degree programs are no longer limited to attendance at a college’s physical campus. In fact, some of the best degrees are being offered as online masters programs.
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 MoreAre you trying to run a successful company? If so, you may be taking a look at the equipment you have, trying to find ways to save money.
Read MoreIn the business world you need expert leadership to not only ensure continued success but to stay ahead of the competition. The modern marketplace is both hyper-competitive and global in scope, and you need your CFOs to bring high levels of skill and insight to deliver the best results.
Read MoreEfficiency is important in any field. Its relevance in the business world, however, is especially substantial. Therefore, you may be wondering how to increase your business efficiency. While this isn't always easy, it's certainly worth the effort. If you're looking for advice in this area, here are four tips for making your small business more efficient.
Read MoreThere has been a lot of talk recently about robots replacing workers. Even though there is some truth to this, the vast majority of businesses are still going to rely on trained and experienced professionals to help them meet the expectations of their customers. At the same time, your time is your most valuable resource. Therefore, you have to make sure you get the most out of your time.
Read MoreIf there is one important job for an employer, it’s looking after the people who work under them. Every single business needs a good workforce behind it to be successful and every employee needs a great boss behind them to know that they are getting what they need in terms of support. It’s your duty as a leader to make sure your staff are comfortable, happy and able to hit their goals. This is probably your most important job as a business leader, as the happier your staff are, the longer they’ll stay and work with you.
Read MoreOne key aspect of an innovative business model is its ability to survive in diverse economic climates. If you're looking for funding to see you through difficult times, cash flow forecasting is a vital technique. Having poor quality cash flow forecasts and information makes it difficult to communicate with investors. What can you do to rethink your cash flow forecasting ability?
Read MoreIt is a great time to be in business. The economy is growing and small businesses are succeeding like never before. Whether you have owned your company for many years or are just getting started, here are six trends that can help to boost your sales.
Read MoreOperating a business is increasingly complex especially when time, security, and productivity are concerned. In addition, the fast-paced nature of modern business requires relevant, accurate and up-to-date data for all company assets. These areas include documentation and organization, accountability and compliance, and employee management.
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.
