It’s perhaps unsurprising that SaaS (software as a service) has now become the tool of the sole trader and the champion of the SME. No longer is it a reserve of the multinational nor the media tech startup; there’s something for everyone with SaaS. Ours is a culture that has largely embraced the time and…
If you have made the leap into small business owner, congratulations. You have made a reality of what only remains in the realm of dreams for many. The road ahead is certainly challenging, and you will make mistakes. You can bone up on all sorts of tips, but ultimately, experience is the best teacher when…
Recent announcements from some of the biggest names in American business confirm that more and more large enterprises are discovering what local companies already know: Arizona is a great place to do business. The most recent company to announce that it was moving operations to the state was Apple. On November 4, the consumer electronics…
An entrepreneur is commonly seen as a business leader, creator of new ideas and business processes. There are several main qualities to be a successful entrepreneur, some of these are: an inner drive to succeed, a strong self-belief, innovation and competitiveness. The successfulness of an entrepreneur can be enhanced via certain programmes. For instance, many…
Whether your business is big or small, making the most out of it fundamentally lies in how good you can efficiently run different layers of the structure. You may be armed with 50 members or a one-man rule, what matters most is, you are delivering results and is your business on track. Remember no business…
An ineffective marketing strategy can force a business into trouble quicker than you can say ‘closed until further notice.’ But never fear, whether your business is getting ahead of itself or failing to plan ahead, there are a few easy tips to get you back on track. From The Ground Up For any business the…
In business, measuring and keeping a count of your inventory and how it sells is essential to responsible bookkeeping and success as a business. Inventory turnover is just such a concern. This is measured by the simple equation of the cost of goods sold divided by the average inventory. This reflects the number of times…
Law is a special-purpose language that is written by law-makers for the masses. However common people find it difficult if not impossible to interpret law and its technicalities, and therefore, they hire a lawyer to handle their legal issues. The common man understands legal words like “Guilty,” “Not Guilty,” “I Do,” and others, and perhaps…
The past 10 years have been a great time for franchises. Due to the economic downturn that began in the early 2000s, franchises saw a boom caused by a lack of direct competition and even reduction in competition for employees. The simple fact is that franchises make up around 14 percent of our entire national…
Many private medical practices never reach their full potential because the doctors who own their private practice think of his or her work more as a job than a professional business. It is understood that traditionally, doctors are supposed to be more interested in caring for their patients, than running their practice as a business….
A trade show is one of the mediums by which businesses can further promote their products and services. For this reason, it would be a great idea to organize one. However, this is not as easy as it seems. In fact, it can be overwhelming. If not carefully planned, this can be costly and be…
Bonus schemes are forms of behavioural reinforcement. They are rewards where employees are provided with a single large payment as a form of recompense for hitting an objective that was agreed upon in advance. The way a bonus scheme is set-up tends to mean that the bonus’ value is a part of whatever target is…
Market research is traditionally carried out by specialists, and for bigger brands, using a market research company is the best way to obtain accurate data. But what about smaller businesses and startups? Chances are you don’t have the budget for a full market research project, but you still need to know what your prospective customers…
In recent years it has become even more important that companies make sure that they are able to attract and maintain a Latino customer base. This is because of the massive expansion that United States Latino population has seen in recent years. The 2010 United States Census marked a 45 percent growth in the country’s…
