Have you considered using competitor research to grow your company? In the business world, it’s tempting to go it alone. But don’t underestimate the importance of knowing your competitors! Why is competitor research so important for your company? How can you do it right? Here’s exactly what you need to know. Why Don’t Businesses Do […]
A novice business person may think that a promising concept is all that he or she needs to sustain a business venture successfully. However, a lot of business owners claim that a profitable business is not merely a lofty aspiration because establishing a startup business needs tremendous dedication and firm determination. A booming business is […]
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 […]
Most of us know the importance of having good personal credit; it makes it easier to purchase a home, rent an apartment, get a car lease and in some cases, get a job. But, did you know that when you have your own business, there are a whole other set of credit scores and reports […]
Business checks are essential for running a successful company. Despite recent technological developments in terms of mobile payment services such as Google Pay and Apple Pay, small businesses are still using checks. There are several reasons for that. Firstly, it helps improve credit portfolio and it boosts the professional status of the company. Features such […]
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 […]
When it comes to business, it’s easy to rise above the competition. The bigger and more important challenge is staying on top. You just need to look at Blackberry and Nokia, and how they got overtaken by Apple and Samsung in the smartphone race. It doesn’t matter how fast you get there as long as […]
Starting your own business requires a lot of hard work and dedication. However, on top of a great business idea and a willingness to commit to seeing your vision turn into reality, one of the main issues you are going to have to deal with is financing. Most business ventures are very capital intensive and […]
Today’s rapid developments and advancements in technology no longer apply to just medicine and engineering, nor does the ability to reap its benefits only apply to large corporations. In a world where we are all connected through the internet, vast amounts of data exist, and along with it has come legions of resources to digest […]
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 […]