Business Analysis Techniques Series SWOT is an acronym for Strengths, Weaknesses, Opportunities, and Threats. It is an extremely popular framework for strategic planning, opportunity analysis, competitive analysis, business, and product development. Strengths and weaknesses are internal to the organization, while Opportunities and Threats are external to the organization. SWOT can be performed at any scale […]
Have you ever wondered how successful businesses stay ahead of the competition? Well, innovation is often the key, but there’s more to this. You need to ask yourself; how can you measure and track innovation initiatives to ensure they drive your business strategy forward? In this article, we’ll explore the role of innovation accounting in […]
Over the years, TikTok has continued to grow in popularity, making it one of the most sought-after marketing platforms for businesses, brands, and influencers. As of 2023, there are over one billion active TikTok users worldwide, with 23 million engaging in active shopping and spending about USD 2.5 billion. With these numbers, it’s safe to […]
The global social media ecosystem is constantly evolving and growing. Social media leaders like Facebook, WhatsApp, and Instagram have over a combined 3.6 billion active users across the globe. Now, social media platforms, due to their massive user base, have also opened new opportunities for businesses to grow. These platforms have allowed companies to reach […]
Have you decided to take the plunge and launch your own business? Congratulations! Now comes the hard part: making it a success. From coming up with an innovative business idea to ensuring financial stability, launching your own start-up can be overwhelming. To help make the process smoother, it is essential that you create a road […]
What is SQM Club? A non-profit company called SQM Club was established in 1996. By sharing best practices, benchmarking information, and training resources, it primarily aims to assist organizations in improving their customer experience. Some of the top businesses in the world in sectors like telecommunications, financial services, and healthcare are members of the SQM […]
If you’re thinking about starting your own business, one of the first things you’ll need to do is create a business plan. This document will help you outline your business goals and strategies and how you plan to achieve them. A business plan can also help you secure funding from investors or lenders. While creating […]
One of the main goals of any business is to grow and improve over time. How you grow and improve is different for every business and every team. Make sure the opportunities you take advantage of make sense for your business. Here are five ways you can grow your business in 2023. 1. Improve Your […]
Social media has become an integral part of modern business, providing a powerful tool for connecting with customers, building brand awareness and driving sales. However, without proper guidelines in place, social media can also be a source of risk and liability for businesses. Developing a comprehensive social media policy is crucial for ensuring that your […]
If you’re a produce business owner, there are several accounting requirements that should be top of mind to not only maximize your revenue opportunities, but stay organized and compliant while doing so. Without a proper understanding of bookkeeping basics, it can be difficult to make sound financial decisions. To help guide you in the right […]