Data is the lifeblood of most companies. In fact, researchers have concluded that data is more important now than ever before. Storing it properly is a practice that is essential to your company’s long-term success, but many entrepreneurs aren’t aware of ways they can improve this process. Fortunately, the answer isn’t as complicated as it may […]
To ensure you have a successful and profitable business, you must know different tactics and approaches that will work best for you. This can only be achieved with the help of Inbound Marketing Strategies. Having a detailed understanding of this strategy is crucial for the growth and success of your business. Using and implementing this […]
Technology has taken over the world in all possible and impossible ways. So if you’re thinking it’s surely okay to run a business without a lot of technological involvement- it’s time to step up your game. It has been proved that many small and independent businesses tend to not do as well as they could […]
If you are looking to make your dreams of owning a business into a reality, take the plunge and just get it done. There are many ways to get funding for your business concept without tapping into the usual commercial banking loan that has a long list of requirements. From unsecured business loans to angel […]
Customer relationship management (CRM) is the process used to ensure that your customers’ experience is optimal. After all, customers are the most crucial resource for a business, so they should be devoting a lot of effort into keeping them happy. Having the right system in place is essential. Investing in a program like Salesforce and […]
What is IoT? Internet of things is a technology via which, a network of interconnected smart devices can ‘talk’ to each other and can be programmed to do various tasks. Our smart homes are due to IoT technology, which enables IoT devices like smart alarms, intelligent switches, sprinklers, thermostats, and other tools to connect with […]
If you’re starting a new business (or have already started), then you might have already heard about the most horrifying business news. – 90% of Businesses Fail Within The First Year! Granted that a 10% chance of surviving in the first year of business does not feel great, but that’s not a reason to just […]
Every business requires capital to generate revenue. Capital refers to the investment required to run an enterprise. Calculations based on the total sales and the money available for the business reveals crucial information regarding the success or failure of the said business. Working capital turnover ratio is one such calculation, which can determine the profitability […]
At the moment, Australia is a haven for startups and small businesses, which means that if you have any entrepreneurial spirit in you, now is time to act. For some people, this is a chance to finally become completely independent and be their own boss. For others, the idea of depending on your own ability […]
Insufficient capital leading to tight budgets, improper planning, poor management, limited time, poor marketing, and sometimes tough competition are some of the top reasons why a good number of small businesses barely take off or find it hard to grow. Some of the reasons can be linked to administrative failure, whereas another good number are […]